New Delhi, India (PressExposure) August 29, 2009 -- Ecolab, the world's leading provider of premium cleaning, food safety and health protection products and services for the hospitality, foodservice, healthcare and industrial markets, has implemented Sage Accpac ERP and has gained better control over its finance and inventory management process Since its inception in India, the company has been witnessing growth and expansion in its business.
"As our customer base and operations expanded in the country, our customer orders became more random and our invoices become more complex due to differing tax amounts. At this stage we needed robust, automated and scalable financial and invoicing software that would grow with our business," says Mr. Bhavik Trivedi CFO, Ecolab India.
Mr. Thomas Abraham- Managing Director, Sage India mentioned, "We are delighted to work with Ecolab India providing solutions to their pain areas. Sage solutions fit in well with the services industry and it goes hand in glove with Ecolab India requirements. I am confident that Ecolab will have a similar enriched experience like their overseas offices."
Ecolab India decided to implement a 10 concurrent user package of Sage Accpac comprising of System Manager, General Ledger, Accounts Receivable, Accounts Payable, Order Entry, Purchase Order, Inventory Control, Multi Currency, Fixed Assets and Transaction Analysis and Optional Fields as the major modules.
Real time inventory control for informed procurement
Earlier the company would maintain inventory of stocks using Microsoft Excel and then transfer data from the excel sheet to the General Ledger once a week to generate inventory and sales reports. However discrepancy between the physical stock and the reported stock was possible which could lead to either under stocking or overstocking.
Sage Accpac enables accurate maintenance of stock to reflect fast and slow moving goods and also helps in identification of the best route and best vendor for importing a product based on the product's sensitivity, differential pricing for different vendor countries and expected time of arrival.
Smooth and Error-free order processing
During the earlier Order Entry process sales persons would maintain price lists manually which were not secure. Also they would have limited knowledge of the customer's credit performance and check measures were manual. Once the order was booked on the excel sheet it used to be scanned and sent to the remote warehouse for dispatch.
With Sage Accpac the sales person enjoys visibility into the specific price list and credit history for each customer with high levels of data security and can track customers using this information. The inherent check measure and alert function enables orders to be blocked if payments are due past the credit period.
Accurate pricing and easy reporting at your fingertips
In the earlier scenario, a sales professional entered data on an excel sheet which was then transferred manually by another person to the Sage Accpac system. Furthermore since Ecolab India imports most of its products from other countries the actual cost of the product can be calculated only by taking into account the vendor cost, custom excise duty, freight charges and transport costs to the local warehouse.
With Sage Accpac, the actual cost is accurately calculated by automatically incorporating the additional costs to the standard price in the Invoicing module to generate the purchase price variance for accurate calculation of sales margin and fixing correct product prices for the local market. Reports are generated automatically in the required format using predefined formulas.
About Ecolab India:
Ecolab India is a branch office of the world's leading provider of cleaning, food safety and health protection products and services for the hospitality, foodservice, healthcare and industrial markets. Ecolab Worldwide, a $6 billion company, provides quality chemical formulations, unique packaging designs and innovative dispensing systems focus on three key market segments: infection prevention, sterile processing and the operating room.