High Tech Manufacturer ERP. Amalfi Supports Growth Moving from QuickBooks to Microsoft Dynamics GP:
Amalfi Semiconductor, a pioneer of high-performance radio frequency (RF) semiconductors for the cellular handset market, experienced rapid growth from its success and the company needed more financial and manufacturing management capabilities than Intuit QuickBooks could provide. The company implemented Microsoft Dynamics GP and complementary add-in solutions with Microsoft Partners Tensoft. Amalfi has already saved $75,000 in duplicate vendor invoicing and realized significant efficiencies. With the business management software in place, executives, operations employees, and finance managers have improved insight and control.
Amalfi Semiconductor’s better performing cellular handset power amplifier used a complementary metal-oxide semiconductor (CMOS) process. This resulted in its patented AdaptiveRF CMOS power amplifier architecture. Traditionally, high-performance radio frequency (RF) semiconductors for cellular handsets were designed with Gallium Arsenide (GaAs). With the exciting new technology the company experienced rapid growth.
Intuit QuickBooks had served well, but as the company grew it experienced these business challenges:
QuickBooks Growing Pains
- Inability to match physical inventory receipts with invoicing, sometimes resulting in vendors accidentally overbilling Amalfi
- A daily-snapshot inventory-reporting system lacked support for process inventory costing
- Difficulty deriving booking, billing, and backlog info
- Period closings were extremely time-consuming and cumbersome
- Inability to manage finances or consolidations for international operations
- No systematic way to prescribe purchase order controls, thresholds, or approvals
- Lack of self-service management reporting
malfi sought a way to manage and support growth, remain in control of the business, and handle finances with accountability.
After considering SAP OnDemand and Oracle 11i and reviewing several vendors, Amalfi controller Joe Whitty asked Microsoft partner Tensoft to conduct an on-site demonstration of Microsoft Dynamics GP business management software coupled with Tensoft Fabless Semiconductor Management software. Amalfi was sold on GP.
“SAP and Oracle either didn’t provide process inventory costing, were too expensive, or required too much hands-on customization and support,” said Whitty.
Amalfi was up and running with its Microsoft Dynamics GP solution in a few weeks, giving the finance department and key leaders in the organization what they needed to manage business and its finances.
Whitty used to manually create a 20-page Microsoft Excel spreadsheet every quarter. With Microsoft Dynamics GP, he has cut the quarter-close reporting process from a week to a little more than an hour. “The quarter close has been our biggest efficiency gain since we’ve implemented Microsoft Dynamics GP,” he said.
Before Amalfi switched to Microsoft Dynamics GP, the consolidation process was manual and involved exporting to Excel from five sets of books. Consolidating financial statements took a full day. With GP in place they cut that time down to five minutes.
“With Microsoft Dynamics GP, powerful reporting and analytics tools, and productivity applications from a single software company, we can grow our sales and operations based on real insights into the actual needs of customers. If we had to do it all over again, we’d make the same choice.”
Read the whole myGPcloud case study.