Extended capabilities result in renaming flagship product to ProfitPoint
DANVERS, MA, February 25, 2003, TurningPoint Systems, Inc., a leading provider of warehouse and distribution solutions to the pharmaceutical, candy and tobacco, and food service industries, today announced the release of its route accounting solution for wholesale distributors. Developed through a partnership with Solid Innovation®, Inc. of Prince Albert, Canada, a developer of mobile invoicing and inventory control solutions, Route Accounting disseminates real-time inventory and financial information, enabling route salesmen to more effectively manage route sales, delivery, and the settlement processes while on the road. TurningPoint also announced that it is changing the name of its flagship product, DisTrack, to ProfitPoint, a move designed to reflect the company's growth beyond traditional warehouse tracking to a broader focus on operational profitability within the supply chain.
Route Accounting from TurningPoint provides the software, technology, and integration services required for the wholesale distributor to streamline its route distribution process. By leveraging real-time inventory and accounting data, TurningPoint provides distributors with the information they need to be well informed for on-site customer visits. Through the complete integration of invoicing and warehouse management functions, Route Accounting allows route salesmen to maintain mobile inventory, print invoices on-site, and more accurately record transactions as they happen.
Specifically, Route Accounting will enable distributors to:
- Move route sales through customer sites up to 60% faster
- Cut administrative and back-office time up to 50%
- Gain a complete ROI in 3 months
TurningPoint's Founder and President, Elery LeBlanc, said, "We are pleased to add Route Accounting capabilities to our ProfitPoint product suite. This new and innovative solution enables our customers to compete more effectively in today's increasingly competitive market environment."
Designed exclusively for the wholesale distributor, ProfitPoint, formerly known as DisTrack, now delivers end-to-end functionality. From the time the order is placed with the manufacturer, to the time the product is received by the customer, ProfitPoint manages the movement of inventory and financial information in real-time, thus meeting the needs of the small to medium-sized distributor. Its IBM iSeries platform has been extended to incorporate emerging technologies that enable distributors to reduce costs, improve customer service, and support value-added services.
With the addition of Route Accounting, ProfitPoint modules now include:
- e-Customer Relationship Management (e-CRM)
- e-Supplier Relationship Management (e-SRM)
- e-Warehouse Management Systems (e-WMS)
- Route Accounting
- Financial Reporting and Analysis
James Glockner, president of Ohio Valley Wholesale Distributors, Inc., said, "I can proudly say that TurningPoint has enabled my company to dramatically improve service levels, cut inventory, and grow revenue in ways previously unimagined." He continued, "When I chose TurningPoint nearly five years ago, I knew that the continued viability of Ohio Valley's inventory control and distribution management operations were contingent upon a proven solution that was time tested and industry-specific. TurningPoint has met with my complete satisfaction."
About Solid Innovation, Inc.
Solid Innovation, Inc. is at the forefront of DSD Route Accounting solutions for the supply chain distribution industry, including candy, tobacco, food service, and convenience store supply. For over 17 years, Solid Innovation has been active in developing and honing point-of-sale and mobile transaction management systems. In 1999, Solid Innovation introduced Si Route Salesman™, its 3rd generation mobile solution, formerly known as PalmX Route Salesman, specifically designed to speed route sales staff through their workday while providing accurate pricing, transaction, and inventory control. For more information, visit www.solid-innovation.com or call (888) 667-3769.
About TurningPoint Systems, Inc.
Headquartered in Danvers, Massachusetts, TurningPoint Systems, Inc. is a leading provider of warehouse and distribution solutions to the pharmaceutical, candy and tobacco, and food service industries. For twenty-five years, TurningPoint has offered technology solutions, implementation services, training, customization, and ongoing support to wholesale distributors. The company's flagship product, ProfitPoint, is an e-enabled solution that helps distributors to reduce costs, improve service, and support value added services. For more information, please call (800) 370-4500 or visit www.turningpointsystems.com.
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