Sage 300 is a business management software used by small and medium sized businesses. This software also provides the functionality that includes assistance for accounting, sales, service, purchasing and inventory management tasks. Also, you can get a real-time view of corporate finances and operational performance metrics. It also helps in minimizing transactional inefficiencies to optimize productivity.
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Main Features of Using Sage 300 ERP Software
There are multiple features of accessing the Sage 300 ERP software, we have mentioned some of them below.
1. Customer Relationships Management (CRM)
Sage 300 accounting software can be used for the CRM purpose to increase productivity and also brings greater collaboration. Moreover with the help of this software your marketing team can emerge with brand new campaigns that provide profitable leads and thus help in generating higher sales revenue.
2. Supply Chain Management (SCM)
Sage 300 ERP consists of the robust SRM module that provides real-time collaboration with your vendors. Thus, it cuts down the cost of holding excess inventory.
No matter which type of business you run, there is a need to manage inventory and streamline costs through the efficient SCM. This is an effective way to fulfill the complex business accounting tasks from starting to the end because of excellent data management and analysis tools.
3. Fixed Assets Management
Fixed Assets Management is necessary so that you can easily invest in the new manufacturing facilities and ensure that you mustn’t exceed your reach. You must keep the depreciation within limits or the core EBITDA profits will not translate to net profit.
With the help of the Sage 300 ERP software you can get a proper understanding of your fixed assets with the Fixed Assets Management module.
4. Accounts Receivable
Sometimes the company has to sell their goods on credit for the expansion of their business. But, the company cannot meet the expenditure until the clients pay for the goods they have purchased. Using the Accounts Receivable module of Sage 300 ERP you can use the feature of automated billing and the collection process. You can also use the feature for issuing refunds. The main motive of using this software is that it saves your money that you have to spend to process every invoice.
5. Accounts Payable Management
It is important to pay the outstanding amount to the vendors for reducing the amount you have borrowed and to avail discounts for paying on time. Using the Sage 300 software you can easily compute the average Accounts payable period. Also, it helps in keeping a track whether the Accounts Payable is cleared on time or is getting delayed purposely.
6. Project Management
The Sage 300 ERP is equipped with a visual Project Management Tool that gives you and your employees the path for project design and for unmatched execution. To be the best at your business you need to fulfill the deadlines and then deliver according to the pre-approved budget. But you won’t be able to do so if you won’t have smooth collaboration and communication between all the departments.
7. Sales Management
The best thing about this software is that it provides the outstanding Sales Management function that enables the users to maintain the records related to sales, inquiries, quotations and orders. The proper sales management will also help in improving the process of communication between the sales team and warehouse management. Thus it helps in the quick shipment of the products without any further delays.
Discussing the Advantages of Sage 300 ERP
1. Control Business Growth
The best part about the Sage 300 ERP is that it gives control over your entire business using flexible tools so that you can improve your finances. Also, it renders you with the function using which you can better integrate your sales and service functions.
2. Simple to Use
The users will not have to encounter the issues while using the Sage 300 ERP software as it is easy to set up for opening and managing information of a company. If you want to use this software on your system, then there are multiple companies who provide assistance to set up Sage 300.
3. Operate from Anywhere
The Sage 300 ERP provides you with the feature using which you can work sitting anywhere in the world as per your suitability. For this, you must have a reliable and uninterrupted internet connection to remain competitive in the market.