Monday, August 24, 2009

Middleware - Bridging Disparate Systems

As businesses evolve they tend to adopt more than one software system to manage their varied transaction flows and processes. Examples include:
  • Financial Reporting
  • Debtors and Creditors
  • Inventory
  • Manufacturing Systems
  • Job Costing
  • Time and Billing
  • Payroll
  • Human Resource Systems
  • Point of Sale/Cash Registers
  • Debtors Ledgers
  • Procurement Systems
  • Sales Force Management
  • eCommerce and Web Sites
There's nothing inherently wrong with multiple systems, but every so often, it's a worthwhile exercise to review these systems with a view to identifying inefficiences. It may be possible to adopt or develop middleware software that will automate the communication between disparate systems.

Examples include transferring timesheets from Job Costing or Time and Billing Systems directly into the Payroll. Or polling Point of Sale Cash Registers at regular intervals to provide turnover and profitability reports at head office.

There may come a time in the business lifecycle however when the benefits of building additional middleware outweigh the costs of migrating to comprehensive integrated Enterprise Resource Planning ("ERP") Systems.

More information: Axsapt

Wednesday, August 19, 2009

Who said: "There's no accounting for style?"

When it comes to Accounting for the Fashion Industry, there are very few business systems that really nail the way Business Owners and Managers deal with the unique aspects of their stock in trade.

Many systems are "bolt-on" after-market modules that merely add Colour and Size attributes to each existing inventory items. This method is only useful to retailers that sell single quantities of each garment or shoe.

However, when it comes to wholesalers that sell many quantities of each Style in various combinations of colour and size, only a Matrix type Accounting System like, Axsapt Matrix or Noble Matrix can handle rapid data entry and logical invoices and reports.
In the above image, each Style item is represented in a Matrix or Grid with the Colours along the left hand side and the Sizes along the top. With Axsapt Matrix there are up to 30 sizes and an unlimited number of colours able to be assigned to each product.

When selecting an Accounting System for the Fashion Industry, make sure that all essential sales and stock reports are also represented in the easy to read Style/Colour/Size Matrix. And if you are dealing with Electronic Data Interchange ("EDI") or Retailers that will sell your products through their Point of Sale Systems, ensure your Matrix accounting system allows you to assign a unique barcode to each combination of colour and size.

More information: Axsapt