Medical Supplies Challenges Solved with Acumatica Cloud ERP

medical supplies challenges

Revenue in the medical supplies and devices industry is expected to rise as health care providers continue to invest in new equipment and consumer access to health insurance becomes more available. By the end of 2021, medical supplies wholesaling is expected to be valued at $243.3B.

Is your medical supplies and devices business ready to take advantage of this growth?

In a recent webcast, our NexTec industry experts outlined some of the challenges facing medical supplies companies and the ways Cloud ERP software can help overcome them. Some of these challenges include:

  • Data silos between departments that stop information from flowing through the business smoothly
  • The inability to track inventory accurately, which affects production planning and manufacturing
  • A lack of reporting and ability to comply with government regulations and audits
  • Manual data entry and potential errors created by disparate systems
  • No transparency or ability to improve processes because of reliance on older, outdated technology

With the right tools in place, medical supplies and devices companies can address these challenges and find success. During the COVID-19 pandemic, NexTec clients were able to utilize their ERP systems to ensure consistency in production, even as the industry suffered from disruptions to the supply chain.

One of these customers, DAS Medical, joined our recent webcast to discuss their journey to selecting an ERP solution and the results they’ve seen since implementation. According to Houston Lee, CFO at DAS Medical, the company has been able to increase efficiency and cut reporting time by 50% since going live on Acumatica Cloud ERP. Hear more from Lee by listening to our on-demand webcast here.

Acumatica is the top choice for leading medical supplies and devices companies. It includes all the tools that medical supply companies need to run their businesses more efficiently. Features include order, inventory and purchasing management, as well as customer relationship management and robust financial reporting.

Learn more about overcoming industry challenges and how companies like DAS Medical are able to harness the power of Cloud ERP software to streamline operations and better manage business growth by checking out our webcast recording or reaching out to us. We’d love to chat.


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