My name is Austin Mandus and I am a database consultant. I help people move, optimize, connect, and learn how to use databases. I have worked in many different systems before, and they all have their strengths and weaknesses.
Cin7 is an inventory management software that does more than just inventory. There are two tiers: Cin7 Core and Cin7 Omni. There are a few differences between the Core and Omni versions. Core is the essential edition and the more budget friendly option of the two. Omni, while still being an affordable option, offers a more robust and customizable program. In fact, it is more accurate to call them a lightweight ERP, rather than just an inventory management system. I will get into Omni specific benefits later but both tiers can handle almost all processes that have to do with items (including non-inventory items and services). From Procure to Pay to Order to Cash, Cin7 covers each step that an item can take within a business. The Omni version of Cin7 is also great for companies that need to have inter-company transactions. So, if you have multiple subsidiaries that interact with each other then Cin7 Omni is the system for you.
Cin7 Omni offers a range of benefits for businesses. You can access complete, real-time stock and order visibility, helping you make informed decisions and prevent stockouts or overstocking. Cin7 Omni also integrates point-of-sale (POS) systems and online channel management for a unified sales experience. By centralizing order processing and fulfillment, it will help to streamline operations and reduce errors. There is functionality to manage promotions, sales, and loyalty programs effectively to enhance customer engagement. Additionally, users can choose from over 450 modules and integrations to tailor the system to specific business requirements.
Procure to Pay
Procure to Pay is the end-to-end process detailing ordering materials or services from suppliers, receiving the material, and paying the supplier. In Cin7 you can manage suppliers, create and edit purchase orders, add landed costs, automatically email suppliers, create invoices, and more. All stages in this process are covered so you need not worry about missing a crucial step.
Order to Cash
You can think of Order to Cash as all the business parts that deal with accounts receivable. This process involves customers ordering products, fulfilling the products, and receiving payment. Cin7 handles this process as well. You can manage customers, enter sales reps, create quotes, sales orders, invoices, credit memos, use custom price levels, apply costs from a purchase order, calculate tax, and more. Cin7 integrates with your e-commerce platform to make order to cash a seamless process.
Product Management
Product management is where Cin7 really shines. From inventory management like barcodes, bins, and back ordering to manufacturing and production management like kit and assembly, bill of materials, and inventory tracking. Having a light ERP system that can handle both accounts receivable and accounts payable portions of your inventory management greatly increases the ability to automate inventory management. For example, if you purchase a product from a vendor at the same time you sell product to a customer, Cin7 will automatically adjust the inventory levels based on the two transactions in real time. There will be no more delays in your inventory count! If you have difficulty in managing your products Cin7 is the choice for you.
Accounting
Cin7 has direct integrations with QuickBooks and Xero to keep your accounting transactions updated in your GL software. Invoices to customers and suppliers will be recorded in the corresponding general ledger account. Payments to suppliers and payments from customers can be received and recorded. Cost of Goods Sold can be updated with a simple button click. Say goodbye to tedious excel manipulations and uploads! You can finally have your orders and inventory automatically flow into the correct general ledger accounts.
3PL and EDI
You may already be using a 3PL (third party logistics) to manage some of your inventory. If that is the case, fear not! Cin7 Omni connects directly with most 3PL providers for a seamless transition between systems. If you are connected to a big box retailer or supplier, Cin7 has you covered. Cin7 has a direct EDI integration with many wholesale and retail companies so you can effortlessly download and send orders to their system. Cin7 Omni also allows multi-entity and inter-company transactions.
Cin7 is an inventory management system that compares favorably to any other system on the market. If you need a new inventory management system, with built-in EDI and Order Management, the choice is clear, choose Cin7.
If you would like to learn more about Cin7 Omnior have any additional inquires we would be delighted to assist you with all your business process needs. Please feel free to reach out to us at info@unityconsultingfirm.com and let us enhance your business operations.
댓글