Financial systems are outdated. Let us help.
Financial systems record the initial purchase, receipt, and location. For a capitalized item, once it is in use, it begins its depreciation. Property taxes and depreciation typically remains fixed regardless of what happens to the item over the course of its lifecycle. Over time, the item may be repaired, replaced, or disposed. Financial records quickly become out of synch with the truth. Integrating business systems to our software, allows you to keep these other systems up to date.
Helping some of the biggest brands.
When warehouses or receiving locations perform the initial receipt, users rarely opens the box and record the serial number or part manufacturer numbers. Once the item is deployed, these become critical pieces of information to the field and may even be electronically polled. Different names for the same thing between systems is addressed by using translations, such as the field using Part Manufacturer numbers and finance using the Item Master number.
Our APIs will allow the exchanging of data to other systems and assists with reconciling. Where APIs are not available, we have experience with file transfer services which include RDMS, JMS, HTTP/HTTPS, FTP/SFTP, Web Service and CSV.
Data conversions, key to a good start.
One primary consideration when implementing a Fulcrum solution is how to populate the system with your locations, items, inventory and asset data. There are a various options available, including performing an initial inventory audit, all the way to a comprehensive data conversion with one or more enterprise systems.
We assist with setting up your locations for vehicles, field sites and warehouses along with your sub-locations within your warehouse. We have helped numerous companies reconcile their Item Master to their field data prior to conversion. For a client that has legacy asset and decently accurate inventory data available, we craft a data conversion plan to load the data into the software. Or we can set you up with an audit to capture the inventory or to create your locations, items and inventory.