Case Study
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October 26, 2021
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Helping a Manufacturer Optimize Their ERP System

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Executive Management asked Elliott Davis to help answer: "We have made a significant investment in our ERP system, but our numbers look odd - cash reconciliation is off and inventory is not being costed properly. What is the problem?"

Context

  • Major distributor located in North and South Carolina
  • Identified an issue with daily transactions flowing through ERP
  • Numbers are off and inventory is not properly costed
  • Know something is wrong, but do not have resources with expertise in software and software vendor not familiar with business processes

Our Approach

  • Assisted company in better utilization of current ERP system
  • Analyzed company’s file structure and workflows within system in relation to daily business processes
  • Examined reporting and transaction flows between company’s subsidiary ledgers and general ledger
  • Provided recommendations for improvement of file structure and best practices of daily workflow
  • Delivered list of next steps and action items from findings, as well as best practice to complete activities with least disruption of ERP structure

Customer Impact

  • Received unbiased 3rd party review of ERP system design
  • Addressed gaps in system and revealed productivity issues
  • Identified areas of enhancement for improved efficiency and optimal performance and results
  • Aligned technology to process and people
  • Secured tangible savings via increased efficiencies and productivity 

We Can Help

For more information on this and other topics, contact a member of our team.

The information provided in this communication is of a general nature and should not be considered professional advice. You should not act upon the information provided without obtaining specific professional advice. The information above is subject to change.

“Elliott Davis" is the brand name under which Elliott Davis, LLC (doing business in North Carolina and D.C. as Elliott Davis, PLLC) and Elliott Davis Advisory, LLC and its subsidiary entities provide professional services. Elliott Davis, LLC and Elliott Davis Advisory, LLC and its subsidiary entities practice as an alternative practice structure in accordance with the AICPA Code of Professional Conduct and applicable law, regulations and professional standards. Elliott Davis, LLC is a licensed independent CPA firm that provides attest services to its customers. Elliott Davis Advisory, LLC and its subsidiary entities provide tax and business consulting services to their customers. Elliott Davis Advisory, LLC and its subsidiary entities are not licensed CPA firms. The entities falling under the Elliott Davis brand are each individual firms that are separate legal and independently owned entities and are not responsible or liable for the services and/or products provided by any other entity providing services and/or products under the Elliott Davis brand. Our use of the terms “our firm” and “we” and “us” and terms of similar import, denote the alternative practice structure conducted by Elliott Davis, LLC and Elliott Davis Advisory, LLC.

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