As a business owner or manager of a manufacturing business, your focus is always on finding the best possible means to simplify processes and enhance productivity and profitability. Sage 200 is professional and well-built finance management software that comes with countless benefits aimed at ensuring that your manufacturing business succeeds in the current highly competitive economy. 

However, there are five main advantages of Sage 200 worth considering. In this article let us explore the top 5 benefits of Sage 200 for your manufacturing business. Let us get started. 

5 Important Benefits of Sage 200 for Your Manufacturing Business

Now let us see what are the top benefits that this amazing bookkeeping and accounting software Sage 200 can bring to your table.

1. Seamless Integration of Manufacturing and Financials Operations

One of such huge advantages of Sage 200 for those involved in manufacturing sector is the way it gives a chance to a businessman to integrate production with the internal financial processes. Such integration allows you to see every detail of the operation where incubating, processing, and making decisions supported by facts, and data figures.

In fact, with the use of Sage accounting software, a manufacturing manager is able to ascertain the effect of the production-related choices, control the production expenses keeping them within the limits, and define the profit margins of manufacturing different types of products. 

Such visibility increases allow the production manager to pinpoint areas in the production processes that create limitations, enhance the deployment of resources and take measures that will promote effectiveness based on facts.

The Sage 200 has an integrated approach, which also eases your reporting. You can easily issue detailed management reports that include information from both manufacturing and finance departments to portray the overall performance of the company. 

This simplified reporting feature helps to quickly carry out an operating review of a manufacturing business and its performance in a specific period, determine how to cut costs, and what specific range of products or product lines are not performing well economically. 

2. Advanced Inventory Management

Proper management of inventories is very important for manufacturing companies and Sage 200 provides enhanced capabilities for rationalizing stock levels and decreasing the cost of storing the inventory while increasing efficiency.

When utilizing Sage 200, you are able to see the inventory levels in different locations in real time. This feature is useful as it helps to check stock levels, avoids stock outs and overstock situations, and helps in making decisions regarding reordering and production scheduling.

For manufacturers who handle food products or any other goods that need to be traceable, Sage 200 is capable of enabling batch and serial number tracking. This allows you to ensure that all quality assurance practices meet the set industry standards without difficulty and where a specific batch has to be labeled and pulled from distribution, those logistics are able to be made.

3. Comprehensive Production Planning and Control

Production planning and control is a prerequisite for satisfying customer needs without wasting resources. Sage 200 comes with several functionalities that will help you achieve production planning and control holistically in your manufacturing company.

The application offers powerful capabilities for managing bills of materials, including the creation of precise bills of materials for multiple products, the ability to monitor materials used in building those products as well as to compute costs related to those products. Updating can be done easily as the changes in product specifications vary guaranteeing that the production processes do not operate with outdated data.

Sage 200's manufacturing scheduling mechanisms will enable you to design the most effective approach to the production cycle of your company. You can perform forward scheduling or backward scheduling of production orders with full resource management under the issued customer order or sales forecast and also react to changes in the market demand or resources.

The features that come with Work Order Management in Sage 200 optimize your production processes by enabling order creation and tracking with ease, allowing you to oversee production runs in real-time and collect actual costs for comparison with estimated ones.

4. Improved Customer Relationship Management

Whereas many manufacturing companies prioritize production processes, the aspects of managing customers cannot be overlooked when considering long-term business viability. Sage 200 offers a robust CRM module that can help you keep your clients happy and ultimately increase revenue.

This CRM module enables the creation of a complete database regarding the customers, allowing you to view and access everything about the customers even including their sales, support, and communication. This makes it possible to serve the client better allowing the sectors to share this data in case it is needed within other sectors.

Other CRM capabilities available in Sage 200 further allow for effective management of the sales pipeline, where lead and opportunity tracking is done throughout the sales cycle, sales can be predicted better with respect to the sales pipeline, and sales problem areas are clearly defined.

5. Incorporation of Advanced Business Analytics and Reporting

In the current business world where decisions are driven by data, it is imperative that there are strong business intelligence and reporting tools available. Sage 200 has advanced analytics and reporting tools that can help put your manufacturing business on another level.

The software comes with a feature that has dashboards that can be customized to show key performance indicators in a single view. The purpose of these dashboards is to provide a live dashboard of critical business metrics, providing role-specific views, enabling rapid examination and solution identification of trends and issues potential in the business.

Sage accounting software empowers users to conduct advanced analysis of financial and operational data across multiple dimensions, looking for relationships between various business entities, and discovering data that can enhance processes and economize revenue.

Sage 200 reporting options are sufficiently flexible for your manufacturing business. Ready made financial reports can be easily produced, bespoke reports can be made as per one’s needs, and the generation and sending out of reports can also be programmed into the system.

Wrapping Up

The implementation of Sage 200 in a manufacturing business can offer multiple advantages such as more efficient workflow systems and increased management effectiveness. This article has highlighted five main advantages of Sage 200 finance management software can help your business to prosper considering the current competitive environment in the manufacturing sector.
Also, as you plan on replacing your business management software, think about how new features in Sage 200 would suit your type of manufacturing business operations as well as your aspirations for the company in the future. Most companies opt to work with a Sage partner so that they can enjoy the smooth implementation of the Sage application and maximization of its advantages.