Distribution Accounting Software

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Showing 1 - 20 of 124 products
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Showing 1 - 20 of 124 products

Fishbowl

Fishbowl is a hybrid manufacturing and warehouse management solution designed for small and midsize companies. Key features include inventory control, material requirements planning (MRP), job shop floor control, work order manage...Read more

4.16 (727 reviews)

60 recommendations

NetSuite

With an integrated system that includes ERP, financials, commerce, inventory management, HR, PSA, supply chain management, CRM and more – NetSuite enables fast-growing businesses across all industries to work more effectively by a...Read more

4.10 (817 reviews)

56 recommendations

Focus X

Focus X is an all-inclusive enterprise resource planning (ERP) system that helps you connect every aspect of your business operations. From production to supply chain, customer relationship management to inventory and human resour...Read more

3.55 (82 reviews)

33 recommendations

PriceDemo

Acumatica Cloud ERP

Acumatica Cloud ERP provides the best business management solution for transforming your company to thrive in the new digital economy. Through leading-edge technology, best-in-class business functionality, and customer-friendly ...Read more

4.44 (55 reviews)

25 recommendations

Agiliron

Agiliron cloud-based point-of-sale (POS) solution is designed to serve both in-store and mobile businesses as well as online sales channels. The system offers a host of features that work in tandem with the point-of-sale solution,...Read more

4.45 (32 reviews)

25 recommendations

Epicor for Distribution

Epicor for Distribution ERP solutions are designed to streamline processes and grow with your business. Key capabilities include inventory management, e-commerce capabilities, advanced analytics/business intelligence, financial m...Read more

3.92 (77 reviews)

22 recommendations

PriceDemo

Acctivate Inventory Management

Built for growing product-selling businesses using QuickBooks, Acctivate is a premium inventory management & multi-channel order fulfillment add-on that helps you focus on growth without operational limitations. Solve for QuickB...Read more

4.15 (109 reviews)

12 recommendations

PriceDemo

ERP-ONE

ERP-ONE is Distribution One’s end-to-end distribution process ERP software solution for wholesalers and distributors. Featuring Cloud and On-Premise deployments, ERP-ONE supplies all the functionality required to automate distribu...Read more

4.55 (28 reviews)

8 recommendations

PriceDemo

Quickbase

Quickvase is a low-code application development platform that enables organizations to unite information, people, and workflows within distribution in a single, cloud-based platform. Unlike traditional software solutions, Quickvas...Read more

4.46 (241 reviews)

7 recommendations

WinWeb

WinWeb is a Cloud based Enterprise Resource Planning (ERP) suite for small and midsize businesses in multiple industries including wholesale, retail, and health care. WinWeb’s ERP Suite can be accessed through any web browser and ...Read more

4.67 (6 reviews)

6 recommendations

PriceDemo

Software pricing tips

Read our Distribution Accounting Software Buyers Guide

Subscription models

  • Per employee/per month: This model allows you to pay a monthly fee for each of your employees.
  • Per user/per month: Users pay a monthly fee for users—normally administrative users—rather than all employees.

Perpetual license

  • This involves paying an upfront sum for the license to own the software and use it indefinitely.
  • This is the more traditional model and is most common with on-premise applications and with larger businesses.

Rated best value for money

Accolent ERP

Packed with features and flexibly priced, browser-based Accolent ERP can be installed on-premises or hosted in the Cloud for distributors from 3 to 100+ users. ADS Solutions has 25+ years of experience. ...Read more

4.60 (5 reviews)

5 recommendations

PriceDemo

Aquilon ERP

Aquilon is an ERP program that supports SCM, manufacturing, distribution, and accounting functions. The program is suited for SMBs and can be used in the cloud or on local servers....Read more

4.61 (36 reviews)

4 recommendations

Sage Intacct

Sage Intacct is a provider of cloud-based financial management and accounting software. Sage Intacct's software solution is suitable for small to midsize accounting firms and can provide financial reporting and operational insight...Read more

4.19 (321 reviews)

3 recommendations

PriceDemo

Sage X3

Sage X3 is a powerful ERP software solution designed for midsized national and global manufacturers, distributors, and after-sales providers and can establish a foundation for your digital transformation. Sage X3 comes with indust...Read more

4.29 (50 reviews)

3 recommendations

PriceDemo

Blue Link ERP

Established in 1992, Blue Link offers a robust Wholesale/Distribution ERP system with powerful inventory management and accounting features including landed cost tracking, lot tracking and barcode scanning. ...Read more

4.18 (33 reviews)

3 recommendations

aACE

aACE offers on-premise and cloud-based business management software for small and midsize businesses. Modules include accounting, customer relationship management (CRM), enterprise resource planning (ERP), inventory management, or...Read more

4.96 (25 reviews)

3 recommendations

Decision Builder

Decision Builder ERP Software, with installations for businesses in over 60 different vertical markets in North America, primarily serves the diverse business needs of manufacturing distribution, and service providers....Read more

4.00 (1 reviews)

3 recommendations

PriceDemo

Bizowie ERP

This web-based software is a good fit for small to midsized businesses seeking a custom-tailored solution. Founded in 2008, Bizowie provides a powerful suite of applications that can easily scale with the needs of an organization....Read more

No reviews yet

3 recommendations

PriceDemo

S2K Enterprise

VAI’s is an independent software developer and the author of S2K Enterprise, an award winning cloud-based ERP solution utilized by customers operating across the distribution, manufacturing, specialty retail, and service sectors, ...Read more

4.25 (8 reviews)

2 recommendations

A2000

A2000 Apparel Management Software is the best ERP for your fashion business of design, manufacturing, inventory, warehouse, and B2B. An easy-to-use system configurable to your needs, A2000 is designed for apparel, footwear, access...Read more

4.63 (8 reviews)

2 recommendations

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Buyers Guide

Last Updated: May 18, 2022

Accounting for distributors brings an additional level of complexity to standard accounting, since a distributor acts both like a buyer and a seller. As such, accounting software for distributors mirrors the complexity of financial transactions that distributors have to deal with on a regular basis. As a result, every major provider has solutions specifically targeted at distributors. We wrote this buyer’s guide to help buyers unlock this arcane market.

Here’s what we’ll cover:

What Is Distribution Accounting Software?
What Type of Buyer Are You?
Benefits and Potential Issues
Market Trends to Understand
The Vendor Landscape

What Is Distribution Accounting Software?

“The language of business is accounting.” Accounting software for distributors manages all of the financial transactions and operations, and includes special functionality unique to the industry. It comprises:

  • General ledger
  • Accounts receivable
  • Accounts payable

Inventory is often handled by a separate system, but could be one component in a complete enterprise resource planning (ERP) suite.

Three things in particular are different in accounting software for wholesalers. First is a focus on handling large volumes of transactions. Distributor margins are often described as “razor thin;” profitability comes from handling large quantities of transactions efficiently. Second is the unique requirement to handle large numbers of both vendors and customers. Since distributors sit between manufacturers and retailers, relationship management is important on both sides.

The third unique characteristic is a consequence of the other two. In order to effectively process orders with a large number of providers and customers, distribution systems need to integrate directly with suppliers’ systems and retailers’ systems. However, each different system may be from a different software provider. As such, accounting software for wholesale firms must correctly pass and receive data from and to a variety of systems.

Most large distributor systems are still installed on premise because of the networking infrastructure required to support a warehouse. One of the cost justifications for cloud-based applications is the reduced cost for infrastructure. Cloud-based programs have long-term benefits for wholesale distributors but this sector has not aggressively adopted that technology. Smaller distributors with more manual operators may benefit from cloud-based systems.

What Type of Buyer Are You?

You’ll need to determine what type of buyer you are as part of evaluating distribution software. Over 90 percent of buyers fall into one of these four groups:

Full-suite buyer. These buyers value the seamless integration of data and processes that comes from having one system for all functions. For example, a full-suite system for financials, customer relationship management and inventory management can turn quotes automatically into orders and then generate picking lists, shipping labels and invoices. These buyers favor complete software suites like Oracle, SAP, Sage ERP or Microsoft Dynamics AX.

Multiple warehouse operations buyer. These buyers run multiple facilities and need to track and balance inventories over a geographical area. The buyers require software that can handle the financial information from each location and still provide a single view of the operation. It must also track different tax information if the locations are in different jurisdictions.

Departmental buyer. These buyers are distribution specialists for firms that have an internal distribution network. They may only sell to their own outlets, but they must contend with multiple suppliers, inventory issues, competing corporate customers and transportation decisions similar to commercial distributors use.

Small business buyer. These buyers may work for distributors or wholesalers or may have a distribution component as part of their company. They usually have smaller numbers of clients, suppliers and inventory and may include some assembly or production components but still face the same basic issues as large-scale distributors. These buyers are often using paper-based tools or general accounting systems like Intuit or Peachtree. 

Benefits and Potential Issues

There must be specific benefits to justify the costs of purchasing and implementing an accounting system.

Better cost control. A distribution accounting system gives a much better view of costs and margins. Increased information lets managers understand and control costs better.

Automated discount tracking. One of the challenges facing distributors is dealing with discounts. Tracking discounts like “2 percent 10 NET 30” becomes more difficult when managers have to track them on both sides, the discounts available from suppliers and the discounts offered to customers. Automated discount tracking lets distributors balance discounts available against cash flow requirements to make the best business decisions. 

Better compliance reporting. Since the distribution accounting system interfaces with other systems throughout the firm, it serves as a convenient source for all of the compliance reports. This can significantly reduce the cost of preparing compliance documents for government agencies and insurance companies.

Accounting systems are a challenge to implement and to use. There is always the temptation to bypass the systems to “get ‘er done.” This leads to bad information in the system, which can flow through to supplier and vendor systems. This is not the best way to maintain good relationships in a relationship-driven business.

Market Trends to Understand

You could consider these market trends as you consider the top distribution accounting systems:

Use of advance ship notice. Most manufacturers and distributors are adopting advance ship notice (ASN) to help the purchaser effectively receive their orders. The ASN provides the purchaser with a list of the shipment’s contents and matching bar codes, allowing the purchaser to pre-stage the receiving area to effectively count and stock the shipment.

Use of Web-based front ends. Most systems are allowing the use of Web-based technologies like browsers to provide information to upstream (vendor) and downstream (customer) partners. For example, a customer can verify that an order was received and is pending by logging on to a special website with information generated by the accounting system.

Availability of a management dashboard. For years, managers generated periodic and on-demand reports to monitor operations. As supply chain systems become more integrated with suppliers and customers, printed reports are too time consuming to use. Replacing them are dashboards that display key measures such as inventory turn, time to ship, discounts available or total accounts receivable. Systems can even provide email or text messages to notify managers when extraordinary events occur, such as a large order received or a customer account overdue for 90 days.

The Vendor Landscape

Distribution solutions vary in capability and in the ability to communicate with other software packages. Buyers need to evaluate both the integration needs and the scope of their distributor system.

This type of buyer... Should evaluate these systems
Full-suite buyer SAP, Oracle, Microsoft Dynamics
Multiple warehouse operations buyer Gillani, SAP, Oracle
Departmental buyer Exact Globe, Geneva, ADS, Oracle, SAP
Small business buyer Sage, Exact Globe, Intuit, SAP