Sage Case Studies Sage ERP X3 Helps Aceto Corporation Manage Complicated Compliance Regulations

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	Sage ERP X3 Helps Aceto Corporation Manage Complicated Compliance Regulations Sage

Sage ERP X3 Helps Aceto Corporation Manage Complicated Compliance Regulations

Sage

Technology Category	Functional Applications - Enterprise Resource Planning Systems (ERP)
Applicable Industries	Chemicals
Applicable Functions	Discrete Manufacturing Quality Assurance
Use Cases	Inventory Management Regulatory Compliance Monitoring
Services	Software Design & Engineering Services System Integration
Challenge	Aceto Corporation, a global leader in the importing and distribution of over 1,000 chemically derived pharmaceuticals, biopharmaceuticals, specialty chemicals, and agrochemicals, was operating on an antiquated legacy system that lacked integration. The company was subject to a myriad of U.S. government regulations, including MSDS requirements for the handling of hazardous materials and intense scrutiny by the FDA. In addition, the company faced new demands stemming from the Bioterrorism Act and the Customs Trade-Partnership Against Terrorism (CT-PAT) program as well as the enactment of the Sarbanes-Oxley Act. Many of the compliance activities were handled by manual processes with various spreadsheets, leading to insufficient controls with limited real-time reporting. The company recognized the need to implement a new back-office system, but the increasing demands placed on publicly traded companies absorbed available corporate resources. Read More
About Customer	Aceto Corporation is a publicly traded company that is a global leader in the importing and distribution of over 1,000 chemically derived pharmaceuticals, biopharmaceuticals, specialty chemicals, and agrochemicals. These products are used principally as raw materials in the pharmaceutical, agricultural, color, surface coating/ink, and general chemical consuming industries. The company is based in Lake Success, NY and has 210 employees. Aceto had been operating on a legacy system that was antiquated and lacked integration. The company is subject to a myriad of U.S. government regulations, including MSDS requirements for the handling of hazardous materials and intense scrutiny by the FDA. In addition, the company faced new demands stemming from the Bioterrorism Act and the Customs Trade-Partnership Against Terrorism (CT-PAT) program as well as the enactment of the Sarbanes-Oxley Act. Read More
Solution	Aceto enlisted the help of a Sage business partner to define its needs and assess ERP vendor options. The Sage business partner reviewed Aceto’s business processes and requirements and helped the management team secure approval for the large project. After reviewing presentations from six companies, Aceto narrowed the list to Sage and competitor JD Edwards. The company selected Sage ERP X3 because it was the best fit for the size, scope, and complexity of the project. Sage ERP X3 offered the flexibility required to support Aceto’s unique processes and was able to adapt to meet the company’s specific needs. For example, when importing hazardous chemicals from overseas, companies are subject to country-specific regulations in addition to international business practices. The Sage ERP X3 services team configured the quality module in Sage ERP X3 to ensure that products go through a series of internal controls for the necessary documentation required to meet country-specific regulatory demands. Read More Log in to view content
Contents

Technology Category

Functional Applications - Enterprise Resource Planning Systems (ERP)

Applicable Industries

Chemicals

Applicable Functions

Discrete Manufacturing

Quality Assurance

Use Cases

Inventory Management

Regulatory Compliance Monitoring

Services

Software Design & Engineering Services

System Integration

Challenge

Aceto Corporation, a global leader in the importing and distribution of over 1,000 chemically derived pharmaceuticals, biopharmaceuticals, specialty chemicals, and agrochemicals, was operating on an antiquated legacy system that lacked integration. The company was subject to a myriad of U.S. government regulations, including MSDS requirements for the handling of hazardous materials and intense scrutiny by the FDA. In addition, the company faced new demands stemming from the Bioterrorism Act and the Customs Trade-Partnership Against Terrorism (CT-PAT) program as well as the enactment of the Sarbanes-Oxley Act. Many of the compliance activities were handled by manual processes with various spreadsheets, leading to insufficient controls with limited real-time reporting. The company recognized the need to implement a new back-office system, but the increasing demands placed on publicly traded companies absorbed available corporate resources.

About Customer

Aceto Corporation is a publicly traded company that is a global leader in the importing and distribution of over 1,000 chemically derived pharmaceuticals, biopharmaceuticals, specialty chemicals, and agrochemicals. These products are used principally as raw materials in the pharmaceutical, agricultural, color, surface coating/ink, and general chemical consuming industries. The company is based in Lake Success, NY and has 210 employees. Aceto had been operating on a legacy system that was antiquated and lacked integration. The company is subject to a myriad of U.S. government regulations, including MSDS requirements for the handling of hazardous materials and intense scrutiny by the FDA. In addition, the company faced new demands stemming from the Bioterrorism Act and the Customs Trade-Partnership Against Terrorism (CT-PAT) program as well as the enactment of the Sarbanes-Oxley Act.

Solution

Aceto enlisted the help of a Sage business partner to define its needs and assess ERP vendor options. The Sage business partner reviewed Aceto’s business processes and requirements and helped the management team secure approval for the large project. After reviewing presentations from six companies, Aceto narrowed the list to Sage and competitor JD Edwards. The company selected Sage ERP X3 because it was the best fit for the size, scope, and complexity of the project. Sage ERP X3 offered the flexibility required to support Aceto’s unique processes and was able to adapt to meet the company’s specific needs. For example, when importing hazardous chemicals from overseas, companies are subject to country-specific regulations in addition to international business practices. The Sage ERP X3 services team configured the quality module in Sage ERP X3 to ensure that products go through a series of internal controls for the necessary documentation required to meet country-specific regulatory demands.

Impact #1	With Sage ERP X3, Aceto’s business processes are streamlined and automated.
Impact #2	The company is finding it easier to comply with the financial reporting responsibilities placed on publicly traded companies.
Impact #3	Other configurations are enabling Aceto to better manage its inventory, track foreign exchange costs, and control credit and order approvals.

Impact #1

With Sage ERP X3, Aceto’s business processes are streamlined and automated.

Impact #2

The company is finding it easier to comply with the financial reporting responsibilities placed on publicly traded companies.

Impact #3

Other configurations are enabling Aceto to better manage its inventory, track foreign exchange costs, and control credit and order approvals.

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Overview

Sage ERP X3 Helps Aceto Corporation Manage Complicated Compliance Regulations

Operational Impact