The recently refreshed Sage website provides positioning statements for each of their core products, plus shortlists of what Sage consider to be their key benefits. Take a look at the Sage 300cloud product page.
We couldn’t help thinking how much further you could take those Sage 300 benefits if you ‘supercharged’ them with add-ons from Orchid Systems.
Here are the 5 key benefits Sage currently claim for Sage 300cloud, together with our 'supercharging' suggestions.
Sage says: “Manage multiple companies & currencies”
We say: Here are just some of the ways you could supercharge this benefit using Orchid products:
- Use Inter Entity Transactions to automatically generate due-to and due-from entries, keeping your loan accounts in balance.
- Use Inter Entity Trade when related entities trade with one another: initiate a transaction in one entity and automatically generate the reciprocal document in the other
- Use Process Scheduler to trigger the execution of GL Consolidation exports & imports.
- Create an Info-Explorer cube to perform analysis on consolidated data from multiple company databases.
- Use Document Management Link and Notes to share information and documents between related companies.
Sage says: “Eliminate international business complexity”
We say: Here are just some of the ways you could supercharge this benefit using Orchid products:
- Use Inter Entity Transactions and/or Inter Entity Trade to simplify transactions between related entities with different functional currencies.
- Use Optional Tables to store custom, region-specific information.
- Use Extender and Process Scheduler to help automate processes that cross company boundaries and national borders.
- Use Info-Explorer and Report Runner for cross-border reporting, including the generation and distribution of cubes for offline analysis.
Sage says: “Simplify inventory management”
We say: Here are just some of the ways you could supercharge this benefit using Orchid products:
- Use Bin Tracking to track items stored in multiple bins within a Sage 300 Inventory Control location.
- Use Return Material Authorizations to streamline the management of product returns and repairs.
- Use Optional Tables to create detailed item-level budgets.
- Use Extender to embed item-specific business rules into Sage 300.
- Combine Info-Explorer, Process Scheduler and Extender to perform regular analysis for early warning of potential stock shortages.
- Use Notes and Document Management Link to make key inventory information available where and when it’s needed at the click of a mouse.
Sage says: “Automate your finances”
We say: Here are just some of the ways you could supercharge this benefit using Orchid products:
- Use Inter Entity Transactions and/or Inter Entity Trade to automate complex transactions involving related entities.
- Use Process Scheduler to automate the execution of day-ends, post batches, or close and open fiscal periods.
- Use EFT Processing to streamline receipt and payment processes, and facilitate reconciliations.
- Use Extender to introduce custom processes, e.g. streamlining approvals, and raise alerts to support management by exception.
Sage says: “Get paid faster”
We say: here are just some of the ways you could supercharge this benefit using Orchid products:
- Use EFT Processing to streamline the processing of receipts while reducing error volumes and fraud risks.
- Use Report Runner and Process Scheduler to distribute statements and outstanding invoices to customers, and AR Aged Trial Balance reports to Account Managers.
- Use Extender to introduce custom collection processes and/or validations, e.g. place Sales Orders on hold if the customer is overdue.
- Use Notes to provide visibility of collections status and communication history for a customer.