Case Study: Empire Automation Systems achieves accurate profit reporting with AccountMate and Innovative Software

Hard Goods Distributor Dramatically Improves Profit Reporting Accuracy with AccountMate Software

Empire Automation Systems, a pneumatic distributor in New York, used AccountMate software to manage accounting and inventory across 12 users and one location. As its sales grew, the company struggled to accurately separate stock and non-stock inventory, and monthly adjustments caused inventory values to swing by as much as $20,000, making profit reporting unreliable.

Working with AccountMate and Innovative Software, Empire implemented AccountMate’s Accrued Received Goods functionality, along with tighter controls and custom audit reporting. The result was accurate inventory valuation and financial reporting with minimal manual intervention, and for more than six months the company reconciled stock inventory to the general ledger within pennies without a single journal entry.

Empire Automation Systems

Don Davis

President