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Whether your business is retail, wholesale, distribution, mail order, or e-commerce, Everest is the only management solution you need to run, improve, and grow your business.
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Since implementing Everest’s fully integrated Business Management Software,
Miles of Golf has increased its accounting efficiency by 33 percent
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Key
features & functionality used
by
Miles of Golf: |
Running
web store
operations |
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Real-time integration |
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with back-end |
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accounting and |
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business operations |
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Accounting |
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Accounts receivable |
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Accounts payable |
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Financial statements |
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Sales |
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Sales order/back
order |
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Point
of sale |
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Cash register |
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Inventory
control |
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Graph inventory
levels |
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Barcode printing |
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Purchasing |
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Purchase orders/back |
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orders |
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Management |
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Storing of item |
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Company
Background |
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In business with
a new swing
Recognized by the Golf World Business
and Golf Range Association of America,
Miles of Golf ranks as one of the top
100 golf shops and practice facilities
in the country. Retailing golf equipment,
the company specializes in custom club
fitters and is also an authorized custom
fitting center for Callaway, Titleist,
and Nike to name a few. Located in Ypsilanti,
Michigan, Miles of Golf 's staff consists
of 35 avid golfers who assist customers
that include many famous personalities.
It also has a learning center and a
practice center for golfers to perfect
their game.
Miles of Golf runs on Everest Software. |
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The
Challenge |
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Although Miles of Golf
was growing as a business, it was difficult
to control and manage. "Our volume
got to be such that we were bogged down
with the reconciliation between different
systems, which was costing us a lot
of time and we couldn't complete it,"
said Chris Mile, president and co-founder
of the shop that bears his name. With
over 3,000 items in inventory, Mile
was using Keystroke retail software
for inventory and QuickBooks for accounting
and point of sale. "We couldn't
reconcile the accounts payable system
that we were generating from QuickBooks
POS and accounting system," Mile
noted. Keystroke did affect the inventory
by showing an item as out of stock,
but it couldn't prevent an out of stock
item from being sold. In addition, Mile's
staff had difficulty in accessing financial
reports. "We wanted something that
would integrate the inventory and payables
with the accounting system," said
Mile. The software lacked the capabilities
to handle a growing business and Mile
decided it was time to tee off his business
with Everest Advanced Edition.
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The
Solution |
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Now Miles of Golf has a dynamic
new balance since running the business on
Everest in November 2002. "The main thing
is that Everest has helped us make that reconciliation;
our financial statements are more accurate,"
Mile observed. "It has also helped us
plan better," he added. The integration
of different functionalities within Everest
from purchasing, accounting, inventory, and
sales to order fulfillment is what Miles of
Golf finds truly beneficial.
"Everest
is doing what we wanted it to do. It really
has tightened up key operational areas like
inventory," said Mile. The Miles of Golf
staff now knows what it has in stock and what
needs to be reordered. Miles of Golf uses
the barcode scanning for its merchandise and
the ICVerify feature to track returns.
Prior to using Everest
business management software,
time was spent trying
to reconcile the accounts
payable system and the
accounting system rather
than in actively growing
and running the business.
With the integration and
real-time information
available in a click,
the staff performs better
in terms of financial
reporting and is more
accurate in producing
financial statements.
"We had sort of run
out of room with our other
systems, but now we are
in a position to handle
and control that considerable
growth. From that standpoint,
Everest has allowed us
to grow and has helped
us manage our business
better," said Mile.
Running on Everest also
allows the company to
keep the payables correct
and up to date. "When
we purchase things and
check them in, that information
goes directly into the
inventory and accounting
systems," said Mile.
"That's the main
reason we bought Everest.
It's great while processing
sales transactions; information
is instantly reflected
in the accounting system.
"Since converting
to Everest, Mile has more
time on his hands to improve
other aspects of the business.
"We got to the point
where we just gave up
trying to reconcile, so
we didn't spend any time
on it. We have saved an
extra person in accounting
and purchasing,"
Mile explained. Everest
business management software has also saved Miles of Golf additional administrative
costs with one less person in the accounts payable department. "We
are happy and pleased
that we chose Everest.
Everest allows us to continue
to grow," Mile concluded.
Miles of Golf plans to upgrade to Everest
Advanced 2.0 to hit the e-commerce fairways
and reach out to a bigger clientele.
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The
Result |
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Enabled complete integration across
inventory,accounting, purchasing, salesthereby
increasing |
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the growth of the business |
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Enabled better control and management
of inventory |
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Increased staff performance in generating
better financial reports |
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Saved 33% administrative costs with
one less person in the accounts payable
department |
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Improved intelligent business decision-making |
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