In this customer story
Established in 2014, Connec Operations’ main objective was redefining the design and manufacture of medium voltage cable connectors. It has achieved that and was first to market with a plastic, modular alternative to the notoriously heavy metal offerings that now incorporates single-mode fibre-optics through the connector.
Today, Connec manufactures a range of innovative ANZEx and IECEx certified products that are the lightest, safest and most economically efficient in the world. With offices in Brisbane, Sydney and Newcastle, the Australian company is dedicated to innovation, research and development, and will be expanding its range of products for many years to come.
MYOB Acumatica “exactly what we wanted”
The company replaced Excel spreadsheets in favour of MYOB Acumatica, a powerful ERP system that could scale with it as it pursues its growth goals.
Originally a startup, Connec didn’t have an incumbent system it wanted to replace. As bookkeeper Sarolta Albert explains, “The whole company was run on Excel spreadsheets and Xero.” While that setup had served it well in the beginning, it became cumbersome.
“We were worried our Excel system was going to get too big and collapse.”
When it came time to implement a new system, Connec considered several options within the company’s budget, with two key criteria in mind: Firstly, integration of both financial and operational processes. Secondly, inventory tracking capabilities to help streamline manufacturing compliance under ISO9001. MYOB Acumatica could do all that — and more.
I looked around and lots of systems were either too big or too small or required lots of add-on packages. MYOB Acumatica was the right size for the mid-market, at a reasonable price, and could do exactly what we wanted to do.
A single source of inventory truth
Before MYOB Acumatica, Connec required regular stock takes just to update the balance sheet, a time-consuming task. Using spreadsheets to track inventory made it hard to keep on top of the latest version and relied heavily on manual data entry.
Now with MYOB Acumatica, “the stock goes in, and it goes out, and we’ve got automatic warnings for when stock is running low. Our balance sheets are updated in real-time, which also means our reporting is accurate”, a fact that will help propel the business forward.
Simple and seamless compliance tracking
As with medical and food supplies, Connec’s products have strict compliance regulations that need to be met and recorded for every product batch. The cables are configurable — by material and size — which adds another layer of complexity.
This was previously tracked using Excel spreadsheets, leaving too much room for human error. It’s also where a lot of the other systems that were considered failed.
We wanted a simple approach — we didn’t want to have an infinite number of paths for infinite configurations. MYOB Acumatica makes that process simple and accounts for all the slight variations in our bill of materials.
R&D will lead to future growth
Connec undertakes a lot of research and development work, and with MYOB Acumatica it has a way of tracking each project’s progress and costs.
The ability to track project costs “means we have better visibility of how we’re tracking with each project, something we could not do before” and helps support R&D tax incentive claims.
While Connec estimates they “only use a small part of MYOB Acumatica”, the most important thing is the company now has a system that can scale with it as it grows.
As we develop more products and the orders start to come in, we can process them accurately and timely with MYOB Acumatica.
Connec implemented MYOB Acumatica with MYOB Platinum Partner, Momentum Software Solutions.
Managing Director at Momentum, Alistair Emery says, “Our consulting team worked with Connec to implement MYOB Acumatica including the Manufacturing module.
"Key deliverables were the management of the end-to-end production process with full traceability (Serial / Batch Tracking) of both Finished Goods and Raw Materials. Production is integrated with Distribution and Financials.
"There is ample opportunity for future growth and enhancement as Connec become more confident with the MYOB Acumatica platform.”
Improvements since MYOB Acumatica:
A single source of truth across the company provides numbers in real-time.
Automated inventory processes help reduce stock takes.
Simple and seamless batch tracking ensures the company meets compliance obligations.
Tracking R&D gives company visibility of project costs — and any potential blowouts.
Set up to scale: powerful system has room to grow with Connec Operations.
