Power supply component manufacturer adopts Acumatica, gains accounting functionality in multiple currencies
Company Size
200-1,000
Region
- America
- Asia
- Europe
Country
- Canada
- Taiwan
- United States
Product
- Acumatica
- SAGE Peachtree
- QuickBooks
Tech Stack
- Cloud Computing
- ERP Systems
- Web Services
Implementation Scale
- Enterprise-wide Deployment
Impact Metrics
- Cost Savings
- Productivity Improvements
Technology Category
- Application Infrastructure & Middleware - Data Exchange & Integration
- Platform as a Service (PaaS) - Connectivity Platforms
Applicable Industries
- Electronics
- Healthcare & Hospitals
Applicable Functions
- Discrete Manufacturing
- Logistics & Transportation
Use Cases
- Inventory Management
- Supply Chain Visibility
Services
- Cloud Planning, Design & Implementation Services
- System Integration
About The Customer
Aimtec is a global manufacturer of more than 4,500 power supply products that are used in industries ranging from medical equipment to aviation, manufacturing, and lighting. The company currently has over 100 employees in Asia, Canada, the United States, and Europe. Aimtec’s primary focus covers four main areas of the international power supply business: AC-DC and DC-DC switching power supplies, LED drivers, and medically certified components. The company is headquartered in Montreal, Canada, with a manufacturing and distribution center in Taiwan and other operations around the US and Europe.
The Challenge
Aimtec, a global manufacturer of power supply products, was facing challenges with its existing financial system as the company grew. They were using SAGE Peachtree for accounting purposes and had developed their own software for warehouse management and supply chain management. However, these systems were not scalable and could not handle the company's growth. Additionally, they needed to consolidate their financial statements between Canada and Asia, and they had an issue with their accounting software being based on a single currency. The company also wanted to improve the connections for their employees located outside of the office, so they decided to look at using the cloud.
The Solution
Aimtec considered upgrading the SAGE system, or switching to Microsoft Dynamics, but neither option seemed optimal for his business. They looked for a partner that had expertise in the high-technology industry and a strong track record; Brad Hudon of T2VSoft suggested looking at Acumatica as a system that could address Aimtec’s current and future needs. Aimtec decided to purchase Acumatica on a perpetual license, for unlimited users. They currently use the Distribution and Financial Management suites, and will consider adding other components as they continue to adapt to the new system.
Operational Impact
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