Simply Dynamics improves financial management for Ireland’s largest bacon producer
- ERP solution from Simply Dynamics enabling 50% time reduction to run financial reports for Oliver Carty
- 40% reduction in time to complete cheque run process for finance department
- Robust EDI inbound and outbound message management
Dublin, 26th February 2013 – Simply Dynamics, a leading provider of Enterprise Resource Planning (ERP) systems, today announced that it has implemented an ERP solution for Irish pork, bacon and rasher producer Oliver Carty. The new solution is supporting the company’s on-going expansion and providing them with greater visibility and management of key financial functions.
The Simply Dynamics engagement with Oliver Carty has a contract to the value of €80,000.
After a site visit and analysis of their existing systems, Emydex proposed to implement their replacement Production Management system in two initial project phases.
Oliver Carty is a family run Irish business located in Athlone and is one of Ireland’s largest producers of bacon. It currently has 140 employees which increases substantially at different times of the year to meet seasonal demand and has a turnover of €45 million. Oliver Carty supplies a range of branded and own brand pork, bacon and rasher products to Ireland’s key retailers.
Oliver Carty operated an amalgamation of four different software systems, namely financial, intake, production, and dispatch. The interaction between the four systems was minimal, causing serious delays with the availability of real-time information and reporting bottlenecks.
After a full analysis of the existing software, Oliver Carty decided to replace their entire system with two fully integrated software solutions that could manage all of the financial and factory floor production processes from door-to-door.
Simply Dynamics was chosen for its Microsoft Dynamics NAV ERP solution. Microsoft Dynamics NAV is providing the finance department with immediate access to information such as order history, credit management, order status, and claims processing.
Oliver Carty has achieved some significant benefits as a result of the new solution including a 50% reduction in the time taken to run financial reports and a 40% reduction in the time to complete the cheque run process.
The Microsoft Dynamics Nav system delivered by Simply Dynamics integrates fully with Oliver Carty’s production management software, which was provided by Emydex Technology. The combination of the Simply Dynamics and Emydex systems enables communication and synchronisation of both master and transactional data from all departments within the organisation to Microsoft Dynamics Nav. This fully integrated solution can now be applied to any future Emydex and Simply Dynamics implementations.
Nicole Verdon, financial controller, Oliver Carty said, “The integration between Simply Dynamics and Emydex provides us with instant visibility and traceability across the entire organisation. The Simply Dynamics solution has also streamlined all our processes and we now have real-time access to our key performance indicators such as yield, pricing and invoicing data for the company.
Microsoft Dynamics NAV is also enabling Oliver Carty to manage multiple sales order processes including Electronic Data Interchange (EDI) which is essential in the food distribution industry for communication with its retail customers. It also has the ability to account for catch weights, enabling Oliver Carty to manage products priced by weight but whose weight varies.
Ted Carty, managing director, Oliver Carty commented, “We operate in a market where the price of raw materials are constantly changing so we need to have the most accurate information at any given time. Simply Dynamics has provided us with highly integrated, real-time information at our fingertips, enabling us to make fast and smart business decisions.”
Willie Fitzgerald, Sales Manager, Simply Dynamics said, “Microsoft Dynamics NAV has given Oliver Carty the ability to simplify access to business critical financial information and enhance its control and visibility over an expanding business. As the company continues to grow Microsoft Dynamics NAV has the flexibility to change and grow with them and meet the unique needs of a company operating in the food distribution industry.”
David McMahon, CEO, Emydex said “the Emydex factory floor data capture and production reporting system is designed to be ‘open’ such that it can interface to, and exchange data with any 3rd party ERP or financial system, as well as any 3rd party Cold Store or Supplier systems. The fact we have now collaborated closely with Simply Dynamics to build a bridge to Microsoft’s NAV ERP system is a win-win for all parties but especially our customers. “Build once, use many times” means the integration points between Emydex and NAV come practically out-of-the-box reducing installation and testing time and hence cost.”
Oliver Carty plans to extend its Microsoft Dynamics NAV solution to incorporate other areas of the business such as inventory and warehousing over the coming months.