A winning decision
MYOB Exo has given Aquatherm the speed of operation it was looking for. The depth of reporting now available has made a big impression and the company is still exploring its capabilities. Invoicing is now updated daily and is instantly visible to anyone who needs it.
“Now that we have grown accustomed to Exo, we have been able to appreciate what we can get from the system, as there is enough data to make sense of the reporting,” says Anita.
Visibility has improved across the business. Delving down into reports on sales and profitability of particular items has been a revelation because the old system didn’t have access to this data. Exo has also enabled reporting of profitability by branch.
Aztech made several changes to Exo to meet specific needs. For instance, pipes are ordered from the overseas supplier in metres but sold by Aquatherm in lengths. Manual calculation of these figures has been eliminated, because Exo is able to automatically make the changes when producing a purchase order. This simplifies the re-ordering process.
Some customisation was also done to the CRM system, enabling special contract pricing arrangements with customers for specific jobs. A more sophisticated level of stock reporting enables Aquatherm to differentiate between stock that is landed and stock which is still at sea, where pre-payment arrangements with creditors apply. The MYOB Partner also created special reports for rebates, and for debtor sales by stock group and by region.
“Exo is specifically a good fit for the wholesale/distribution sector because of the inwards goods costing elements, and being able to track and re-order inventory,” says Doug Jones. “It’s easy for us to change the way it behaves to suit the client.”
Aquatherm now has a robust system geared for future expansion, which includes adding a range of new products.
“We’re confident that as the business changes, Exo will move with it,” Anita concludes
“Now that we have grown accustomed to Exo, we have been able to appreciate what we can get from the system, as there is enough data to make sense of the reporting.”