A leading firm renowned for designing and manufacturing modular mass transfer systems for the chemical process industry recently embarked on a major overhaul of its business operations. This company has made a name for itself for its expertise in engineering and testing services related to modular systems – all while outsourcing the fabrication and assembly of equipment through its supply chain. Rather than maintaining a physical inventory, they purchase equipment on an as-needed basis, which is then shipped to third-party assembly shops. The modular system leader remains the primary point of contact for their customers, overseeing the entire process to ensure that everything is fabricated, assembled, and functions as intended.
Embracing Change
As the company anticipates significant growth, the executive team decided to pinpoint several key challenges they may face in the near future. One major focus is the replacement of QuickBooks with a more robust cloud-based solution to support remote work and provide a scalable financial management system. Additionally, the company needed improved visibility into contracts, projects, invoicing, profitability, risk, and cash flow at all organizational levels.
SWK has a Solution
To address these challenges, the company turned to SWK Technologies for a well-rounded solution. After their evaluation, SWK recommended the implementation of Acumatica’s Advanced Construction Edition, which included advanced expense management, CRM, and Outlook integration. They also introduced Avid Pay from AvidXchange to automate accounts payable processes. This integration has streamlined operations, enhanced efficiency, and provided the visibility required to manage growth effectively. This comprehensive platform will streamline financial and operational management, offering a holistic view of the company’s activities.
Ready for the Future
By embracing these modern solutions, the company not only addresses immediate needs but also positions itself to sustain and support its anticipated growth. This strategic modernization ensures continued leadership in innovation within the chemical process industry, capable of meeting evolving market demands with enhanced agility and precision. The company is now better equipped to handle increasing demand and maintain operational excellence, paving the way for future success.
Let’s Find a Solution Together
By partnering with SWK, you’re taking a step towards success. Contact us today and learn how we commit to enabling success for every one of our clients.