Why Manufacturers Should Integrate Financials into Their ERP

Walter Little | Product Manager

Third in a Series – Integrating Financial Management

There’s no doubt your ERP houses an abundance of information that keeps your manufacturing operations running on a daily basis. Whether it’s financials, cash flow, inventory, or supply chain data, connecting your financial systems with your ERP can better guide your teams through the critical decisions that impact your bottom line.

In this third article of our ERP Integrations series, we will examine the many benefits that manufacturing businesses can realize by using Strategic’s Financial Integration solutions.

Time to Automate Financial Operations

Too many finance and accounting teams find themselves manually extracting financial data from their legacy business systems. If this scenario sounds familiar, you’re not alone. A Forrester study found that nearly 50% of companies rely on spreadsheets to perform audits and controls that management relies on for financial transparency, risk assessment, and compliance. Beyond tedious, this practice results in both delays and reporting inaccuracies.

If you’re relying on spreadsheets to pull reports together, you’re likely overlooking valuable information that is costing your business money. Luckily, Strategic Information Group offers integrated financial solutions for your ERP that can provide your organization with a competitive advantage.

Turnkey Integration Solutions

Strategic has developed seamless integrations that manufacturers can use to get the most out of their financial systems. From leading financial automation companies Concur, Coupa, and OANDA, to Strategic’s Enterprise Banking Solution (EBS), manufacturers have several turnkey ways to connect banking data with their QAD ERP. Additionally, our deep understanding of QAD’s data structure accelerates time-to-value with pre-built connectors, standards integrations, and content packs to get you timely, meaningful data from day one.

  • JP Morgan Chase
  • Bank of America
  • HSBC
  • Wells Fargo
  • Citibank
  • Bank of the West
  • Fifth Third Bank
  • Huntington Bank
  • Silicon Valley Bank
  • PNC

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If you are looking for fast ROI, streamlined business processes, better resource utilization, and increased business agility that delivers a competitive advantage, ERP financial integrations for QAD are an excellent choice. Talk with us to learn more and find out which of our solutions is right for you. 

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If you’d like to read more blogs in this series, check out blog one here, and blog two which focuses on Strategic’s ERP integrations for Analytics and Reporting.

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