Announcing our new white paper – LIMS to Ledger
A
t the start of 2021, we want to wish each of our reader’s good health and prosperity for the year ahead!
Axnosis have started the new year running with the publication of our latest white paper “LIMS to Ledger”. It is available as a free download on our website.
You might be asking what is a LIMS, and how does it relate to the ledger in Microsoft Dynamics Finance and Operations?
“LIMS” is an abbreviation for Laboratory Information Management System. This is the software that helps manage samples, instruments, reagents and more in a laboratory. A LIMS system is essential for managing critical analysis data across the business.
Some examples where a mining or manufacturing company might use a laboratory system:
- In an organisation where worker health is essential, medical samples are received and tracked and used in tests to ensure worker health.
- In a metals refining operation, LIMS is used to track assay test results and produce accurate metals accounting.
- In a manufacturing company, LIMS is used for managing product quality.
- Industrial sites where there are dangerous chemicals will use LIMS to monitor the environment to avoid any harm from long term exposure.
A LIMS system typically controls scheduling, ordering, and taking samples, analysing the properties using specific tests and certifying the results. Within the materials management function of an ERP, this LIMS data is used across multiple business processes such as financial accounting, invoicing, quality control etc.
One observation from our industry work is that the LIMS is often a standalone system just for the laboratory. Or even worse, there is no LIMS system, and the company tries to manage critical sample information using spreadsheets or in-house databases. This lack of integration can result in material errors, poor decisions and lost opportunity.
Why not download the white paper now. You can find it at https://www.axnosis.com/laboratory-information-management-system-lims-white-paper/
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