Why Your Warehouse Needs a Web-Based Management System?
Why Your Warehouse Needs a Web-Based Management System
What is a Web-Based Warehouse Management System?
A web-based WMS is a software solution hosted on the cloud, accessible via any device with an internet connection. Unlike traditional on-premise systems that require significant hardware investments and maintenance, web-based systems are hosted remotely, offering flexibility, scalability, and ease of access. Warehouse Management systems like Kechie provide comprehensive tools to manage and optimize warehouse operations, including inventory tracking, order fulfillment, and multi-warehouse management.
Key Benefits of Kechie Web-Based WMS
1. Real-Time Visibility and Accuracy
One of the primary advantages of web-based WMS is real-time visibility into all aspects of warehouse operations. Kechie web-based WMS offers a centralized platform where managers can monitor inventory levels, track order statuses, and oversee warehouse activities in real-time. This level of visibility ensures accurate inventory management, reduces the likelihood of stockouts or overstock situations, and allows for quick response to changing demands.
2. Scalability and Flexibility
As businesses grow and their needs evolve, the scalability of a web-based WMS becomes invaluable. Kechie solution can easily scale to accommodate new products, additional warehouse locations, and increased transaction volumes without the need for extensive hardware upgrades. This flexibility allows businesses to expand their operations seamlessly and cost-effectively.
3. Cost Efficiency
Web-based WMS significantly reduces the upfront costs associated with traditional systems. There is no need for expensive servers or dedicated IT infrastructure. Kechie web-based solution operates on a subscription model, where businesses pay for what they use, making it a cost-effective option for companies of all sizes. Additionally, maintenance and updates are handled by the service provider, eliminating the need for in-house IT support.
4. Enhanced Collaboration
In today’s interconnected world, collaboration across different departments and partners is crucial. Kechie web-based WMS enables seamless collaboration by providing real-time data access to all stakeholders, including suppliers, logistics partners, and internal teams. This ensures that everyone is on the same page, leading to improved coordination and efficiency.
5. Advanced Analytics and Reporting
Data-driven decision-making is a cornerstone of modern business success. Kechie web-based WMS comes equipped with advanced analytics and reporting tools that provide valuable insights into warehouse performance. Businesses can generate reports on inventory turnover, order accuracy, productivity, and more. These insights help identify inefficiencies, optimize processes, and drive continuous improvement.
6. Improved Customer Satisfaction
Faster and more accurate order fulfillment is key to enhancing customer satisfaction. Kechie's web-based WMS streamlines picking, packing, and shipping processes, reducing order processing times and minimizing errors. With real-time order tracking, businesses can keep customers informed about their order status, leading to a better overall customer experience.
Kechie Software: Leading the Way in Web-Based WMS
Kechie Software is a prominent player in the Web-based WMS market. We offer a comprehensive suite of features designed to optimize warehouse operations. Key benefits of using Kechie web-based WMS include:
- Advanced Inventory Management: Accurate tracking of inventory levels, lot numbers, and expiration dates.
- Real-time Order Fulfillment: Efficient order processing and picking with optimized picking routes.
- Multi-warehouse Management: Manage inventory and operations across multiple warehouse locations seamlessly.
- Cycle Count Tracking: Implement regular cycle counting to maintain accurate inventory records and minimize stock discrepancies.
- Barcode Printing and Scanning: Utilize barcode technology for efficient product identification, tracking, and inventory management.
- Integration Capabilities: Seamless integration with e-commerce platforms.
Conclusion
Web-based Warehouse Management Systems are changing the way businesses manage their warehouses. By offering scalability, cost-effectiveness, and accessibility, they empower organizations to optimize operations, reduce costs, and enhance customer satisfaction. Solutions like Kechie provide the tools needed to thrive in a competitive marketplace.
Connect with us today, our expert team is here to guide you through the process and help you discover the transformative potential of our solutions.
Stay tuned for our series of insightful blogs—your roadmap to exploring the full potential of ERP.
My Office Apps Celebrates 10th Anniversary of Innovation
My Office Apps Celebrates 10 Years of Innovation
IRVINE, Calif., July 23, 2024 /PRNewswire/ — We are thrilled to share with you a significant milestone in our journey – the celebration of our 10th anniversary since the establishment of My Office Apps.
A decade ago, we set out to provide scalable ERP solutions tailored for Small and Medium Sized businesses (SMBs). Our mission was clear: to bridge the gap between basic, limited solutions and overly complex, expensive ERP systems, which led to the development of our Kechie ERP Software.
Over the past ten years, we have achieved numerous milestones, including:
Launching the Kechie Packages:
- A comprehensive WMS/Inventory Management Package
- A Full Finance Package
- A Complete Manufacturing Package
- B2B eCommerce Portal
Serving diverse industries through our configurable Kechie Solution
Supporting and Partnering with several nonprofits
Read more about My Office Apps Celebrates 10 Years of Innovation
What Exactly is Catch Weight?
Mastering Inventory Accuracy with Catch Weight Management: What Exactly is Catchweight?
We’ll explore how Kechie ERP software simplifies operations across various transactions, ensuring accurate inventory calculations and seamless workflows.
Understanding Catch Weight Management in ERP Software
Catch Weight management in an ERP system involves handling products with variable weights throughout the supply chain. Whether it's fresh produce, meat, seafood, or bulk goods, these items require special attention to maintain inventory accuracy and comply with regulations. Here's how catch weight functionality in Kechie ERP software addresses the complexities:
1. Dual Units of Measure: Kechie ERP with catch weight capabilities support recording dual units of measure for variable-weight items. This allows businesses to track inventory in both quantity and weight, ensuring exact calculations across transactions.
2. Nominal or Average Weight Definition: Catch weight functionality in Kechie ERP enables businesses to define a nominal or average weight per item. This predefined weight serves as a reference point for inventory management and pricing, streamlining processes and reducing manual effort.
3. Recording Actual Weights at Shipment: One of the key features of catch weight management in Kechie ERP is the ability to record actual weights at the time of shipment. This ensures that inventory records reflect the accurate weight of each unit, facilitating precise inventory valuation and reducing discrepancies.
4. Unit Conversion for Invoicing: Kechie ERP's catch weight feature provides the ability to order items in one unit of measure and invoice them in another. This approach offers flexibility, ensuring alignment with customer preferences and billing practices while maintaining accurate inventory records.
Simplifying Transactions Across the Supply Chain
Catch weight management in Kechie ERP software extends its benefits to various transactions within the supply chain, including:
- Purchase Orders (PO): Businesses can create purchase orders for variable-weight items, specifying the quantity and weight units for accurate procurement.
- Receiving: Upon receiving shipments, Kechie ERP record the actual weights of catch weight items, updating inventory levels accordingly and facilitating seamless reconciliation.
- Sales Orders: When fulfilling sales orders, businesses can specify the desired unit of measure for invoicing, ensuring consistency and accuracy in customer transactions.
- Production: For manufacturing processes involving variable-weight ingredients or components, Kechie ERP factor in catch weight measurements to calculate material requirements and production outputs accurately.
- Logistics: Catch weight management extends to logistics operations, where accurate weights play a crucial role in optimizing transportation, warehousing, and distribution processes.
Conclusion
In conclusion, catch weight management in Kechie ERP software is key in simplifying the complexities associated with variable-weight products across the supply chain. By supporting dual units of measure, defining nominal weights, recording actual weights at shipment, and enabling unit conversion for invoicing, Kechie ERP system equipped with catch weight functionality provide businesses with greater accuracy and efficiency in inventory management. With the right ERP solution in place, businesses can navigate the nuances of catch weight transactions with ease, driving operational excellence and customer satisfaction.
Connect with us today, our expert team is here to guide you through the process and help you discover the transformative potential of our solutions.
Stay tuned for our series of insightful blogs—your roadmap to exploring the full potential of ERP.
What is Variation Management and its importance for the Furniture Industry
What is Variation Management and Why Does it Matter for the Furniture/Home Goods Industry?
The High Cost of Inventory Chaos
Imagine running out of a customer's favorite couch color right before a major sale. Or having shelves overflowing with outdated nightstands that nobody wants. Inventory mismanagement can lead to a domino effect of problems: lost sales, unhappy customers, and wasted storage space.
Taking Control with Kechie Inventory Management Software
Effective inventory management with Kechie ERP empowers you to:
- Maintain Optimal Stock Levels: Say goodbye to stockouts and overstocking. Kechie ERP tracks your sales trends and lead times, so you can keep the right amount of each product in stock to meet customer demand without tying up capital in unnecessary inventory.
- Stay on Top of Trends: Respond quickly to evolving consumer preferences by having the right inventory mix readily available.
- Optimize Warehouse Space: Effectively store a wide range of furniture pieces and homeware items with Kechie ERP's warehouse management features. Maximizing storage utilization and ensure efficient use of your valuable space.
- Reduce Stockouts and Overstocks: Maintain accurate stock levels for each variation of a product with Kechie ERP's comprehensive inventory management. Preventing lost sales due to stockouts and eliminate unnecessary storage costs from overstocking.
- Streamline Operations: Simplify order picking, packing, and shipping processes for efficient fulfillment with Kechie ERP. Its functionalities automate tasks and improve overall operational efficiency.
Why Inventory Management is Crucial for Furniture & Home Goods
- Seasonality: Demand for certain furniture items can fluctuate significantly depending on the season. Effective inventory management ensures you have enough stock during peak seasons and avoids overstocking during slower periods.
- Bulky Items: Furniture and home goods tend to be bulky and require specialized storage solutions. Kechie Inventory Management Software helps optimize space allocation and streamline stock movement within the warehouse.
- RMA Tracking: Dealing with returned merchandise authorizations (RMAs) can be a hassle. Kechie ERP's barcode capability makes tracking different RMA types becomes a breeze. Instantly see if a return is due to damage, defect, or a change of mind, enabling you to identify trends and improve quality control.
- Low-Stock and Out-of-Stock Alerts: Avoid stockouts and missed sales opportunities with real-time alerts for low inventory or out-of-stock variations.
- Cycle Count: Regular cycle counts quickly identify and correct discrepancies, improving inventory accuracy. By counting only a portion of inventory at a time, cycle counting minimizes operational disruptions. Kechie Inventory Management highlights discrepancies and patterns of shrinkage, damaged stock, misplacements, or theft, enabling prompt corrective actions.
How Kechie ERP's Variation Management Makes a Difference
Imagine managing a dining table that comes in three different sizes and four finishes. Without variation management, each variation would be treated as a separate item in your inventory system. This can lead to data entry errors, inaccurate stock levels, and difficulty fulfilling orders with specific variations.
Variation management features within Kechie ERP helps you effectively track these variations:
- Streamlined Product Listing: Easily manage and categorize product variations, ensuring each option is clearly identified and readily available for purchase.
- Accurate Inventory Tracking: Track the stock level of each variation, ensuring you have the right color, size, and style, readily available for customers.
- Customization: Many furniture stores offer customization options, such as fabric choices, wood finishes, and assembly requirements. Variation management helps track these variations and ensures accurate order fulfillment.
- Unlimited Image Storage: Unlimited storage allows you to upload high-quality photos showcasing every variation of each item.
- Improved Reporting and Insights: Gain valuable insights into which variations are most popular, allowing you to optimize your inventory mix and cater to customer preferences.
Furniture and home goods businesses can gain a significant competitive edge by investing in Kechie ERP Software with variation management capabilities. They can respond faster to trends, optimize storage space, improve operational efficiency, and ultimately, give their customers with a wider selection and a seamless buying experience.
Connect with us today, our expert team is here to guide you through the process and help you discover the transformative potential of our solutions.
Stay tuned for our series of insightful blogs—your roadmap to exploring the full potential of ERP.
What is Real-Time Inventory Tracking and Why is it Crucial for Today's Businesses?
Why Real-Time Inventory Tracking Matters?
Today’s businesses could lose billions annually due to inaccurate inventory management. A single stockout of a popular item, can cost a business up to 10% in lost sales. Conversely, holding excess inventory ties up valuable resources and reduces profitability. To thrive, businesses need to move beyond manually tracking on spreadsheets and upgrade to real-time inventory tracking software. This widely available solution, powered by cloud-based software, is a game-changer for businesses of all sizes. But why should your business invest in this technology? Let’s explore the compelling reasons:
Real-Time Visibility: Make Informed Decisions Instantly
Having a dashboard that shows you exactly how much stock you have on hand, at any given moment is more important for any management to make decisions quickly. That’s the power of real-time inventory tracking. Kechie’s cloud-based software provides instant updates on your inventory levels, allowing you to:
- Respond to customer demand: Never miss a sale due to stockouts. Real-time data ensures you know when to reorder products, preventing lost sales and frustrated customers. Kechie Inventory Software, for example, provides clear alerts and reorder point functionalities to help you stay ahead of demand.
- Optimize your ordering: Avoid unnecessary inventory holding costs by making data-driven purchasing decisions. Kechie offers insightful reporting that helps you identify slow-moving items and optimize your ordering strategy.
- Improve forecasting: Analyze historical data and real-time trends to accurately predict future demand, ensuring you have the right amount of stock at the right time. Kechie Inventory Software’s forecasting tools empower you to make informed decisions about future inventory needs.
Boost Efficiency and Reduce Errors
Kechie Cloud-based inventory management software can streamline your operations and minimize human error:
- Automated processes: Reduce manual data entry and streamline tasks like order processing, picking and packing, and cycle counts. Kechie Inventory Software automates many of these processes, saving you valuable time and resources.
- Improved accuracy: Real-time data minimizes discrepancies and ensures your inventory records are always up-to-date. Kechie Inventory Software integrates seamlessly with barcode scanners for error-free data entry.
- Enhanced warehouse management: Gain complete visibility into your warehouse operations, identify bottlenecks, and optimize workflows for increased efficiency. Kechie Inventory Software provides features like warehouse layout mapping and bin location management for a more organized and efficient warehouse.
Enhanced Customer Satisfaction: Deliver What You Promise
Customers expect transparency and accuracy when it comes to product availability. Real-time inventory tracking helps you:
- Maintain accurate online inventory: Ensure your online store reflects your actual stock levels, preventing customer frustration from unexpected out-of-stock situations. Kechie Inventory Software integrates with your e-commerce platform to automatically update inventory counts, providing a seamless customer experience.
- Fulfill orders faster: With accurate inventory data, you can fulfill orders more efficiently and get products into customers’ hands faster. Kechie Inventory Software streamlines the picking and packing process, allowing you to fulfill orders quickly and reliably.
- Build trust and loyalty: By consistently delivering on your promises, you build trust and loyalty with your customers, leading to repeat business. When customers know they can rely on you to have the products they need in stock, they’ll be more likely to come back for more.
The Cloud Advantage: Scalability, Security, and Accessibility
Cloud-based inventory management software offers several unique benefits over traditional on-premise solutions:
- Scalability: Cloud solutions seamlessly adapt to your business growth, allowing you to add features and functionality as needed. Kechie Inventory Software offers flexible subscription plans that can grow with your business.
- Security: Cloud providers invest heavily in data security, ensuring your valuable inventory data is safe and protected. Kechie Inventory Software adheres to the strictest industry standards for data security.
- Accessibility: Access your inventory data from anywhere, at any time, on any device with an internet connection. This empowers your team to make informed decisions regardless of location. Kechie Inventory Software’s mobile app provides on-the-go access to your inventory data.
Investing in Your Future: Real-Time Inventory Tracking Pays Off
Here are some of the key metrics that can be positively impacted by real-time inventory tracking software:
- Reduced stockouts
- Lower carrying costs
- Improved order fulfillment times
- Enhanced customer satisfaction
- Increased sales and profitability
Kechie Inventory Management Software stands out as a comprehensive solution for real-time inventory tracking.
Here’s why it should be your go-to choice:
- User-Friendly Interface: The software offers an intuitive interface that makes inventory management easy for everyone on your team.
- Powerful Features: From generating unique SKUs to tracking inventory levels and managing product details, Kechie Inventory Management Software has all the features you need.
- Scalability and Configurable: As your business grows, the software can scale with you, ensuring that your inventory management remains efficient and effective.
- Robust Security: With advanced security measures, your data is always protected.
Connect with us today, to learn more about how Kechie Solution has the tools for all your business needs. Let our expert team guide you through the process and help you discover the transformative potential of Kechie solutions.
What is an Item Number or SKU Number?
What is an Item Number or SKU Number?
If you are a distributor, manufacturer, or even a service provider, you have probably heard of an “Item Number” and “SKU Number”. These unique identifiers play a crucial role in organizing products, tracking inventory, and streamlining business operations. But what exactly are they, and what types of items do they categorize? This blog will delve into the specifics of Item Numbers and SKU Numbers, explaining their significance and the various types of items they can classify. We will also highlight the importance of SKU and Item Numbers for distribution and manufacturing, and how Kechie Inventory Management Software can efficiently manage these for your business.
Item Number or SKU Number, what are they?
An Item Number, also known as a Stock Keeping Unit (SKU) Number, is a unique identifier assigned to each product in a retailer’s inventory. This alphanumeric code helps businesses track and manage their inventory efficiently. By using SKU Numbers, companies can quickly locate items, track stock levels, and streamline the reordering process.
The Importance of Item Numbers and SKU Numbers
- Inventory Management: Item Numbers help in maintaining accurate inventory levels, preventing overstocking or stockouts.
- Sales Tracking: SKUs allow businesses to monitor sales patterns and identify popular products.
- Efficiency: These identifiers enhance operational efficiency by simplifying the sorting and locating of products.
- Customer Experience: Accurate inventory management leads to better customer satisfaction by ensuring product availability.
Types of Items Classified by SKU Numbers
1. Consumer Goods
Consumer goods encompass a wide range of products, including electronics, clothing, food items, and household goods. Each item in this category has a unique SKU to distinguish it from similar products.
2. Raw Materials
Raw materials used in manufacturing are also assigned SKU Numbers. These can include metals, plastics, fabrics, and other essential materials needed for production.
3. Components and Parts
For businesses dealing with machinery, electronics, or vehicles, components and parts are crucial. Each part, no matter how small, is given an SKU to ensure accurate tracking and inventory management.
4. Finished Goods
Finished goods are products that have completed the manufacturing process and are ready for sale. These items, ranging from furniture to packaged food products, are identified with specific SKUs to streamline sales and inventory control.
5. Services
Although not physical items, services can also be assigned SKU Numbers. For example, in a spa or salon, different services like massages, haircuts, or manicures can have unique SKUs for efficient booking and sales tracking.
6. Digital Products
Digital products such as software, eBooks, and online courses also use SKUs for inventory and sales management. Each digital product is given a unique identifier to simplify the sales process and customer access.
7. Consumable Products
Consumable products, such as cleaning supplies, toiletries, and food and beverage items, are typically used up and replaced regularly. Assigning SKUs to these items helps in tracking usage rates, managing reordering processes, and ensuring consistent availability.
How to Create Effective SKU Numbers
Creating effective SKU Numbers involves a systematic approach to ensure each code is unique and easily identifiable. Here are some tips for creating SKUs:
- Consistency: Use a consistent format across all products.
- Simplicity: Keep SKUs simple and avoid overly complex codes.
- Relevance: Ensure the SKU includes relevant information, such as product type, size, and color.
- Uniqueness: Each SKU should be unique to avoid confusion and errors in inventory management.
Kechie Inventory Management Software
Kechie Inventory Management Software can streamline the creation and management of all SKUs and items. This powerful tool offers an intuitive interface for generating unique SKUs, tracking inventory levels, and managing product details. The addition of barcode capability further boosts efficiency and productivity, allowing for quick and accurate scanning of items reducing manual entry errors, and speeding up the inventory process. By Leveraging Kechie Inventory Management Software with barcode functionality, businesses can enhance their inventory control, improve overall efficiency, and free up valuable resources for other critical tasks.
Conclusion
Item Numbers and SKU Numbers are vital components of efficient inventory management and business operations. By understanding what they are and how to use them effectively, businesses can enhance their organizational processes, improve customer satisfaction, and streamline sales. Whether dealing with consumer goods, raw materials, consumable products, or digital products, assigning the right SKU to each item ensures accurate tracking and management.
Connect with us today, to learn more about how Kechie Solution has the tools for all your business needs. Let our expert team guide you through the process and help you discover the transformative potential of Kechie solutions.
My Office Apps Introduces Task Management within the Kechie Suite
My Office Apps Introduces Task Management within the Kechie Suite
IRVINE, Calif., Oct. 24, 2023 /PRNewswire/ -- My Office Apps, Inc. (MOA), an industry leader in business improvement software, announced a new Task Management Module within the Kechie Suite.
Today, we are thrilled to announce the launch of our Task Management module, an innovative task management software designed to revolutionize the way our clients, track, prioritize, and collaborate on their tasks. Kechie Task Management is set to transform the landscape of productivity, enabling users to achieve more in less time with enhanced efficiency and ease.
With its intuitive user interface and powerful features, Kechie Task Management simplifies task management like never before. Whether you are part of a small team or a large organization, Kechie Task Management empowers you to stay organized and in control of your workload. Key features include:
- Task Tracking and Prioritization: Create, assign, and prioritize tasks effortlessly. Stay on top of your to-do list and track progress with ease, ensuring nothing falls through the cracks.
- Collaboration and Communication: Foster seamless collaboration within teams. Share tasks, comments, and files in real time, enabling effective communication and eliminating miscommunication.
- Deadline Management: Set deadlines and reminders to ensure timely completion of tasks. Kechie Task Management's smart notifications keep you informed and focused on meeting critical deadlines.
- Fully Integrated: Kechie Task Management seamlessly integrates with the rest of the Kechie modules & processes, allowing you to centralize your task management and streamline your workflow.
"We are excited to unveil our Task Management module, a comprehensive task management solution built to empower our clients to achieve their goals efficiently," said Mariam Komeili, CEO of MOA. "We believe that by combining powerful features with an intuitive user experience, Kechie will redefine how people approach task management, driving productivity and success."
About My Office Apps, Inc.
My Office Apps, Inc. (MOA) is a leader in business improvement software solutions to automate your organization. Building on three decades of software design and development, MOA delivers Kechie™, a transformative business tool. Kechie is a fully integrated Enterprise Resource Planning Software as a Service (SaaS) platform with a simplified user experience and the latest cloud technology. Sold in separate packages – inventory and warehouse management (CRM, Sales, Procurement, Logistics included), manufacturing, finance – or a fully configured ERP system to have all of these individual tools. Kechie is easily configured to the scalable needs of your growing business. For more information on managing your business processes more efficiently and effectively, visit My Office Apps.
This article was published on Cision PR Newswire
My Office Apps Recognized for Advanced Technology
My Office Apps was Recognized for its Advanced Technology by Progress© at The 2023 OpenEdge World Tour event
Progress (Nasdaq: PRGS) has unveiled the winners of the 2023 OpenEdge North America Partner Awards, recognizing partners who have made a significant impact through their utilization of Progress® OpenEdge®. This leading application development platform is trusted by over 100,000 enterprises worldwide to streamline the delivery of vital business applications. The award recipients were announced this week as part of the OpenEdge World Tour event in Las Vegas, dedicated to OpenEdge customers and partners.
John Ainsworth, Executive Vice President and General Manager of Application and Data Platform at Progress, highlighted the pivotal role of partners in ensuring customer success, stating, “Each awardee this year has crafted applications that effectively address intricate business challenges, demonstrating the transformative capabilities of Progress technology.”
The OpenEdge North America Partner Awards honor partners who consistently go above and beyond, excelling in various categories and surpassing the expectations of the end-user community. Here are the distinguished winners of the 2023 OpenEdge North America Partner Awards:
Rising Star Award: My Office Apps The Rising Star Award recognizes the partner that is seeing success through its recent use of OpenEdge technology. They offer a high-quality business application that showcases the future of innovation in their industry. Meals on Wheels San Francisco chose My Office Apps’ fully integrated, cloud-based and OpenEdge-powered ERP system, Kechie, to transform its warehouse and inventory management — enabling it to reach its goal of delivering up to 30,000 meals a day and more than two million meals a year.
Read more about the Rising Star Award...
Integrations between Kechie and QuickBooks Online
My Office Apps Introduces Its Unique Two-way Integrations between Kechie™ and QuickBooks Online
IRVINE, Calif., April 18, 2023 /PRNewswire/ -- My Office Apps, Inc. (MOA), an industry leader in business improvement software, announced it now provides an integration with QuickBooks Online.
Our unique integration is a two-way sync between Kechie and QuickBooks online. Unlike other Inventory Management or ERP software solutions, that offer a one-way integration, Kechie has a two-way sync, meaning the data flows back and forth between the two systems seamlessly. As information is updated in Kechie it will automatically update QuickBooks Online and all relevant updates in QuickBooks Online will be synced to Kechie. Kechie also offers real-time inventory management with audit traceability to track all your transactions and sync the data into QuickBooks to help with your financial management.
The integration enables businesses to create and sync the following processes:
Vendors- Vendors created in Kechie or QuickBooks Online will automatically pass through to the other system.
Purchase Orders- Creating a PO in either system will auto-populate in the other system to maintain the synchronization of data. Once PO is received, the information is sent to QuickBooks Online to be paid.
Customers- Customers created in Kechie or QuickBooks Online will automatically update both systems. Kechie provides additional features and offers a complete CRM to help your sales department manage all their customers and pipelines.
Sales Order- Create Sales Order & Quotation in Kechie and once shipped the invoice is generated in Kechie and automatically sent to QuickBooks to create the invoice in QuickBooks Online, enabling the systems to work together more effectively. Kechie provides many reports to keep track and analyze of all your sales data.
Inventory- All detailed location information including bin and multi-warehouse locations will be maintained in Kechie, since QuickBooks Online does not offer these capabilities. Kechie has full inventory management functionality and upon any updates, the information will be synced with QuickBooks Online in real-time. Up-to-date inventory visibility is available at an instant via either system.
Items- Creating items in Kechie or QuickBooks Online allows data to be exchanged between both systems. Kechie will offer additional options for item attributes, categories, product types, and more, to help with detailed reporting.
Mariam Komeili, MOA co-founder and CEO, commented, "Some clients would like to do their accounting in QuickBooks Online, but need that advanced inventory management or ERP capability to run their business. Creating this integration will provide peace of mind for clients and still give them the advanced features to manage their inventory or even do manufacturing, while still utilizing QuickBooks Online."
About My Office Apps, Inc.
My Office Apps, Inc. (MOA) is a leader in business improvement software solutions to automate your organization. Building on three decades of software design and development, MOA delivers Kechie™, a transformative business tool. Kechie is a fully integrated Enterprise Resource Planning Software as a Service (SaaS) platform with a simplified user experience and the latest cloud technology. Sold in separate packages – inventory and warehouse management (CRM, Sales, Procurement, Logistics included), manufacturing, finance – or a fully configured ERP system to have all of these individual tools. Kechie is easily configured to the scalable needs of your growing business. For more information on managing your business processes more efficiently and effectively, visit My Office Apps.
This article was published on Cision PR Newswire
Revenue Recognition Functionality
My Office Apps Introduces New Revenue Recognition Functionality in the Finance Module of its Kechie™ ERP Software
IRVINE, Calif., March 28, 2023 /PRNewswire/ -- My Office Apps, Inc. (MOA), an industry leader in business improvement software, announced it is now including an automated revenue recognition functionality in the finance module of its cloud-based Kechie™ Enterprise Resource Planning (ERP) software as a new feature.
The revenue recognition capability in Kechie will now make it much easier for customers to stay compliant with the Financial Accounting Standards Board ASC 606 specification, Revenue from Contracts with Customers. Revenue recognition is an accounting principle that requires a company to only record revenue when it has been earned, not when the related cash is collected. It is often needed when a customer provides an up-front payment for a service to be delivered later or for certain transactions where the product or service is delivered in parts over an extended period. The new Kechie feature offers automated revenue recognition capability and eliminates much of the tedious manual work needed to make account adjustments periodically to keep a company's books up-to-date. Once a customer contract is set up in Kechie, the system will implement the necessary periodic accounting adjustments automatically, based on the length of the contact and how often the services are satisfied for recognition. The implementation is flexible for different periods to be setup, so if one wants to do this monthly instead of a quarterly basis, options are available.