In the heart of Georgia, a company named Innomed, Inc. has been making waves in the medical device industry since its founding in 1987. From humble beginnings with just one product, Innomed’s unwavering dedication to innovation and quality in orthopedic surgical devices has catapulted it to industry leadership status. With a portfolio of over 100 specialized instruments trusted by surgeons worldwide, Innomed’s impact on the medical field is undeniable.

The Challenge

As Innomed’s reputation and product demand grew, so did the challenges it faced. The company needed to maintain strict quality control standards and adhere to international manufacturing conditions. To meet these demands, Innomed held certifications from the International Organization for Standardization (ISO 13485 and 9001), ensuring that its 3,000+ surgical instruments were produced to exact quality specifications.

However, with global growth came the need for a sophisticated and scalable system to manage quality compliance and logistical requirements.

The Solution

Innomed found its solution through an AccountMate solution provider. After a comprehensive analysis, it was recommended that Innomed upgrade to AccountMate SQL for its scalability and open architecture, perfectly suited to meet Innomed’s global business requirements. This move ensured that Innomed’s accounting and financial management systems could scale effectively, supporting over 100 concurrent users.

ISO Quality Compliance

One crucial aspect of Innomed’s transformation was addressing quality control measures. Compliance with ISO quality standards was paramount in the medical industry. AccountMate’s Lot Control module allowed Innomed to monitor processes, maintain vital business records, and trace issues in real-time. This comprehensive solution enabled the quick identification, documentation, and resolution of problems or non-conformities, including product recalls or modifications.

Grouping International Orders for Reduced Freight Charges

International shipments presented another challenge for Innomed due to high freight charges. To streamline this process, the solution provider trained Innomed staff to utilize the Generate Invoice from Shipment feature within the Accounts Receivable module in AccountMate SQL. This feature allowed Innomed to consolidate multiple sales orders into a single customer invoice and shipment, saving customers on freight charges and enhancing satisfaction.

Stringent Labeling Requirements

Innomed’s global expansion required adherence to strict labeling, inspection, and import/export rules. The solution provider redesigned the label layout and built a customized solution within AccountMate to accommodate these requirements. This solution allowed Innomed personnel to enter native language descriptions and assign icons to each item, meeting the demands of international customers.

The Result

The transformation was a resounding success for Innomed. The company expanded into new foreign markets and saw a substantial 15% increase in sales revenue after implementation of this customized solution. Innomed attributes this success to the efficiency of AccountMate, which streamlined internal processes and made the company more efficient.

Innomed’s journey showcases how innovation in technology can drive success in the medical device industry. With AccountMate’s open architecture, scalability, and seamless integration, Innomed has established a technological backbone that will continue to support its growth and impact for years to come.

Read the full case study here.

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In the heart of Austin, Texas, Smokey Denmark stands as a testament to the enduring tradition of producing premium smoked sausage, briskets, and other smoked meat products. As a family-owned and operated company since 1964, they’ve held fast to their commitment to quality, blending time-honored recipes with modern food processing equipment to consistently improve their offerings.

Founder Albert C. “Smokey” Denmark once remarked, “Quality products have few real competitors.” This philosophy has driven the company to not only produce exceptional meats but also to provide unparalleled customer service. Their values are rooted in the “Golden Rule” principle, ensuring fair dealings with others. With over 48 years of operation, Smokey Denmark has maintained an impeccable work ethic and sound business practices while creating high-quality products that satisfy every palate.

However, like any business, Smokey Denmark faced its share of challenges. One significant hurdle was the complexity of managing fluctuating meat costs, which were critical to their financial stability. Additionally, they had to comply with the Public Health Security and Bioterrorism Preparedness and Response Act of 2002 (the Bioterrorism Act), which mandated stringent lot control for all food companies.

Assessing Their Challenges

To overcome these challenges and modernize their financial management, Smokey Denmark turned to a trusted AccountMate business partner. With a strong focus on quality and continuous improvement, Smokey Denmark embarked on a journey to implement a new company-wide software system.

The first major step in this transformation was the installation of AccountMate SQL Express, which addressed their core accounting requirements. This software, coupled with additional tools like Food Manufacturing Conductor and Bassets Fixed Asset System, provided a comprehensive and flexible financial management solution.

Key Improvements

One key improvement was the overhaul of meat order placement and tracking. Functionality was introduced to support catch weight processing, allowing customers to order in one unit of measure and be invoiced based on per-pound pricing, simplifying cost management.

Addressing the Bioterrorism Act’s lot control requirements, Smokey Denmark employed Food Manufacturing Conductor to track all raw materials, work in progress, and finished goods by lot and vendor number. This enhanced traceability enabled employees to monitor processes, maintain records, and swiftly identify and resolve quality issues, reducing waste and downtime.

For managing their fixed assets, Bassets Fixed Asset System was invaluable. It calculated depreciation, ensuring accurate cost control and tax savings, crucial for a business relying on specialized food production equipment.

Sophisticated reporting tools integrated with AccountMate allowed Smokey Denmark to monitor asset, sales, inventory, and production data in real-time, complying with government audit and inspection requirements. This streamlined their operations and instilled confidence in handling third-party audits, mock recalls, and unscheduled inspections.

Outcome and Results

The result of this technological overhaul has been nothing short of remarkable. Smokey Denmark now has a comprehensive front-to-back business management solution that captures data accurately and allows them to manage their business effectively. They continue to uphold their family tradition of producing premium meat products while embracing modern financial management practices for future generations. Smokey Denmark’s journey serves as a testament to the enduring values of quality and tradition. By embracing modern financial management solutions, they have not only preserved their legacy but also positioned themselves for a successful future in the ever-evolving food industry.

Want to speak to one of our highly-skilled business professionals about what AccountMate can do for your business? Contact us now or call 707-774-7537.