search icon

Serve up a more profitable food and beverage company with the right business management software

Minimize waste to reduce costs and risk, and accelerate compliance.

Do you have the recipe for a highly profitable company?

There's one key ingredient you might be missing: the right business solution.

The food and beverage industry has additional challenges of managing perishable products and navigating strict regulation, not to mention the ever-present danger of recalls and contamination. At times, it can seem overwhelming—that's where you need a business management solution that's built for your industry and specific needs.

Can you overcome the four major challenges facing the food and beverage industry?

Addressing these challenges will help you figure out if your business is compliant, accountable, ready for recalls, and able to maintain consistent product quality.

Achieve compliance, while managing costs

Keeping up with stringent and changing regulation, especially the Food Safety Modernization Act (FSMA), can be a headache for many food and beverage businesses—and no element of the FSMA will have more impact than the “one step forward and one step back” traceability requirements. You need to invest in efficient and accurate tracking along your supply chain in order to comply, but this can be costly and time-consuming to implement.

Prepare for possible recalls

According to a study by Ernst & Young prepared for the Grocery Manufacturers Association, 81% of food and beverage businesses see the financial risk from recalls as significant to catastrophic.
Making sure you're prepared for possible recalls isn't just important—it's imperative. So you'll need to invest either time or money in the right technology and in updating your systems and business processes.

Maintain consistency – even as the market changes

At the same time, customers expect consistency even as supply, demand, and the marketplace itself changes. It's challenging to stay in control, keep costs down, and retain flexibility for reacting to these changes, but you can overcome it with the right solution.

Satisfy consumer demands for accountability

Thanks to a wider awareness about the impact of waste on the environment, consumers expect food and beverage businesses to become more accountable for supply chain and their operations.
To meet these demands, you'll need more access to real-time data and the ability to transform your company into a more flexible operation. Only then can you please customers and avoid lost sales.

Control costs and satisfy regulatory obligations with the right business management solution

With the right business management solution, you could all but eliminate waste, effortlessly comply with even the most stringent regulations, and deliver the consistency your customers demand.

Sage 300cloud

If you want to manage your finances, operations, or inventory around the world, our solution delivers at a fraction of the cost of traditional ERP software.

  • Simplify inventory management, track and ship orders on time, from multiple locations.
  • Process and track domestic and international orders that customers and your teams can place and monitor 24 hours a day.
  • Maintain an unlimited number of currencies and exchange rates, get daily updates, and automate gains or losses from fluctuations.
  • Automate your finances
Find out more
Sage Business Cloud Sage X3

Sage X3 provides faster, more intuitive tailored business management solutions than conventional ERP. It's for organizations looking to thrive and retain their competitive advantage by increasing their agility and quickly embracing change.

  • Tailor behaviour, user experiences and automate business processes and operations easily.
  • Get world class cloud capabilities offering customers unrivalled choice.
  • Drive continuous improvement, reduce costs and improve customer experience.
  • Improve production efficiency and quality control
  • Accelerate your entire supply chain from purchasing to delivery
Go to Sage X3

How to become a lean and efficient food and beverage company

Discover what a powerful and flexible business management solution can do for you.

Control costs and reduce waste

Waste—both of perishable goods and in terms of process by- products—can be an economic, environmental, and social issue. The right solution will help you gain greater insight into your supply chain, including inventory tracking and product profitability. It will also help you remain accountable to consumers, and protect the environment while remaining lean and efficient.

Inspire consumer confidence with traceability

Recording the identity of any lot- controlled ingredient is essential if you want to meet industry and government regulations for warranties and quality assurance.
The right solution also enables you to assign inventory to meet specific customer needs. What's more, effective scanning and barcoding will help you track your materials and products.

Save time (and money!) while keeping up with compliance

The right solution should be easy to configure, and it should help you meet the requirements of regulatory bodies. It should also gather and present business data automatically and in the right
way, so you can reduce administrative overheads and help your business meet its obligations.

Gain better visibility over operations in your food and beverage business

You can prepare for possible recalls with a business management solution that gives you total visibility of your operations, comprehensive lot tracking, and detailed, accurate data at any time. If the worst happens, you’ll be able to determine the scope of the recall and prevent contaminated foods from entering the supply chain.

To thrive and do right by [our employees], we need to create opportunities that benefit everyone. That requires having actionable data and insights at our fingertips... and that's why we use Sage.

Frank Luengo, COO

Sonora Foods, Canada

Get practical advice for growing your food and beverage business

On Sage Advice, you'll find great articles, advice, and insights that will help you manage your business.

Make Room for Change and Growth with Modern Cloud-based Accounting Solutions

Make Room for Change and Growth with Modern Cloud-based Accounting Solutions

Evolution of Technology and the Impact on Accounting Software of Today We’ve seen several generations of financial accounting systems emerge over the last 4-5 decades. Initially, there were mainframe applications that only completed the most computationally intensive aspects of a financial process. High cost computing hardware drove a lot of the early specialization in application […]

Read More Read More
7 important steps to combat unpaid invoices and get paid

7 important steps to combat unpaid invoices and get paid

Collecting on unpaid invoices can be a daunting task. It can be nerve-wracking trying to approach the conversation firmly enough to get you paid but delicately to not damage the customer relationship. “At the end of the day you’re owed money,” says Paul Donno, chartered accountant and director of Accounts Online. “They’ve received your service […]

Read More Read More
Free Guide: The Practice of Now 2020

Free Guide: The Practice of Now 2020

Download this year’s Practice of Now 2020. This industry guide for accountants and bookkeepers provides industry analysis based on the interviews of thousands of stakeholders worldwide to take the pulse of the profession at large. This report is mandatory reading for any accounting professional. It provides an unparalleled degree of insight into their industry – […]

Read More Read More
8 ways to get invoices paid without any awkward conversations

8 ways to get invoices paid without any awkward conversations

How long does it take for your customers to process your invoices and pay for your goods or services?  And how many awkward conversations do you have to have along the way? It’s estimated that around 350 billion invoices are issued around the world each year. Sage’s own research reports that more than 1 in […]

Read More Read More
Danica Imports leverages ERP to weather the storm and pivot to B2C

Danica Imports leverages ERP to weather the storm and pivot to B2C

Ahead of the upcoming Sage webinar ‘Managing Supply Chain Risk and Distribution for Distributors’ Sushil Arora, CEO Danica Imports, talks to Sage Advice about how the wholesale business leveraged technology to protect revenue,  inform better business decisions and launch the direct to consumer channel. Like many Canadian businesses, the story of Danica Imports in 2020 […]

Read More Read More
What real customers say: 3 ways to improve your practice

What real customers say: 3 ways to improve your practice

The Practice of Now survey has been capturing the thoughts and feelings of accounting professionals since 2017, and the latest version is now available. For the 2020 edition of the report, a new element was added: an additional qualitative survey from Coleman Parkes, which involved carrying out in-depth interviews with users of accountancy services. This […]

Read More Read More
What service offerings do clients need in a post-COVID world?

What service offerings do clients need in a post-COVID world?

There’s little doubt that, as the coronavirus disruption of 2020 continues, many accountants have been walking alongside their clients for every step of the journey. Suddenly, accountants have found themselves superheroes of the economy because the help from governments and other bodies has been primarily financial in nature. They’ve both provided and explained the data […]

Read More Read More
5 reasons you should be using a receipt app

5 reasons you should be using a receipt app

Receipts are a part of business life. Whether you’re running a business, holding client meetings offsite or you travel for work, those little documents have probably seen the inside of your wallet or shoebox. They’re integral to keeping track of your expenses and outgoings, of course. But paper receipts are also monuments to yesterday. They […]

Read More Read More