Acumatica Case Studies Power supply component manufacturer adopts Acumatica, gains accounting functionality in multiple currencies

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	Power supply component manufacturer adopts Acumatica, gains accounting functionality in multiple currencies Acumatica

Power supply component manufacturer adopts Acumatica, gains accounting functionality in multiple currencies

Acumatica

Technology Category	Application Infrastructure & Middleware - Data Exchange & Integration Platform as a Service (PaaS) - Connectivity Platforms
Applicable Industries	Electronics Healthcare & Hospitals
Applicable Functions	Discrete Manufacturing Logistics & Transportation
Use Cases	Inventory Management Supply Chain Visibility
Services	Cloud Planning, Design & Implementation Services System Integration
Challenge	Aimtec, a global manufacturer of power supply products, was facing challenges with its existing financial system as the company grew. They were using SAGE Peachtree for accounting purposes and had developed their own software for warehouse management and supply chain management. However, these systems were not scalable and could not handle the company's growth. Additionally, they needed to consolidate their financial statements between Canada and Asia, and they had an issue with their accounting software being based on a single currency. The company also wanted to improve the connections for their employees located outside of the office, so they decided to look at using the cloud. Read More
About Customer	Aimtec is a global manufacturer of more than 4,500 power supply products that are used in industries ranging from medical equipment to aviation, manufacturing, and lighting. The company currently has over 100 employees in Asia, Canada, the United States, and Europe. Aimtec’s primary focus covers four main areas of the international power supply business: AC-DC and DC-DC switching power supplies, LED drivers, and medically certified components. The company is headquartered in Montreal, Canada, with a manufacturing and distribution center in Taiwan and other operations around the US and Europe. Read More
Solution	Aimtec considered upgrading the SAGE system, or switching to Microsoft Dynamics, but neither option seemed optimal for his business. They looked for a partner that had expertise in the high-technology industry and a strong track record; Brad Hudon of T2VSoft suggested looking at Acumatica as a system that could address Aimtec’s current and future needs. Aimtec decided to purchase Acumatica on a perpetual license, for unlimited users. They currently use the Distribution and Financial Management suites, and will consider adding other components as they continue to adapt to the new system. Read More Log in to view content
Contents

Technology Category

Application Infrastructure & Middleware - Data Exchange & Integration

Platform as a Service (PaaS) - Connectivity Platforms

Applicable Industries

Electronics

Healthcare & Hospitals

Applicable Functions

Discrete Manufacturing

Logistics & Transportation

Use Cases

Inventory Management

Supply Chain Visibility

Services

Cloud Planning, Design & Implementation Services

System Integration

Challenge

Aimtec, a global manufacturer of power supply products, was facing challenges with its existing financial system as the company grew. They were using SAGE Peachtree for accounting purposes and had developed their own software for warehouse management and supply chain management. However, these systems were not scalable and could not handle the company's growth. Additionally, they needed to consolidate their financial statements between Canada and Asia, and they had an issue with their accounting software being based on a single currency. The company also wanted to improve the connections for their employees located outside of the office, so they decided to look at using the cloud.

About Customer

Aimtec is a global manufacturer of more than 4,500 power supply products that are used in industries ranging from medical equipment to aviation, manufacturing, and lighting. The company currently has over 100 employees in Asia, Canada, the United States, and Europe. Aimtec’s primary focus covers four main areas of the international power supply business: AC-DC and DC-DC switching power supplies, LED drivers, and medically certified components. The company is headquartered in Montreal, Canada, with a manufacturing and distribution center in Taiwan and other operations around the US and Europe.

Solution

Aimtec considered upgrading the SAGE system, or switching to Microsoft Dynamics, but neither option seemed optimal for his business. They looked for a partner that had expertise in the high-technology industry and a strong track record; Brad Hudon of T2VSoft suggested looking at Acumatica as a system that could address Aimtec’s current and future needs. Aimtec decided to purchase Acumatica on a perpetual license, for unlimited users. They currently use the Distribution and Financial Management suites, and will consider adding other components as they continue to adapt to the new system.

Impact #1	Management can access multiple companies from a single interface
Impact #2	Real-time integration with external MES and SCM systems
Impact #3	Employees worldwide have continuous access to the company’s new financial/distribution system

Impact #1

Management can access multiple companies from a single interface

Impact #2

Real-time integration with external MES and SCM systems

Impact #3

Employees worldwide have continuous access to the company’s new financial/distribution system

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Overview

Power supply component manufacturer adopts Acumatica, gains accounting functionality in multiple currencies

Operational Impact