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Why Accounting and Inventory Management is so Important

Wyatt Kowalyshen Jan 17, 2022 1:58:28 PM
Haven Brewing Exterior

Learn how Haven Brewing Company overhauled their accounting and inventory practices, and learned the best way to efficiently operate and grow their business.

 

OVERVIEW

Located in Peterborough, Ontario, Haven Brewing Company prides themselves on brewing traditional European beers the traditional European way. Haven focuses on creating beer the way it’s always been made for hundreds of years, and strives to deliver a modern take on the German, Belgian, and Czech beers of the last 500 years.


Nathan Anker, their President and CEO, wanted to quit his corporate grind and set up roots in Peterborough, and as alluded to in the name, to give the people of Petersborough a place where they can feel at home and drink great beer. This has been their goal ever since taking over the business from previous owners, and while they’ve incurred challenges, they’re in a better place now than ever due in part to Brew Ninja.


CHALLENGES

When taking over for an existing brewery, Haven faced a lot of challenges in the transition, chief of which being that the two management styles of each set of owners were very different. While they were able to brew and sell immediately to existing customers and hit the ground running, they struggled to grow the business and to transfer the business over to their new way of doing things.

 

Haven had to quickly adjust to and alter the different filing, inventory, accounting and principles they both operated under, and adjust it for what worked better for them.

 

According to Andrew Anker (Brew Master + Co-Owner);

 

“These differences made the transition difficult as our accountant works remotely so we had to learn to do most of it ourselves. Lots of data entry and scanning and man hours to get going”.

 

In short, they needed a solution that would help them in inventory, accounting and getting their business in order, and Brew Ninja came in handy just for that.


RESULTS

Thankfully, Andrew felt that

 

“Brew Ninja was the first we tried that offered all the features we wanted: production planning, inventory, and good syncing with (user friendly) accounting software (Quickbooks)”.

 

They were glad to be able to catch up and sync their inventory, sales, and accounting into one easy to use unit that they were able to access whenever and wherever they needed to. Haven also found that as a newer piece of Software,

 

Brew Ninja “has been very quick to help find solutions and listen to critiques and requests for new features.”

 

Despite how many challenges they faced in taking over a previously existing business, they found that signing with Brew Ninja brought all their numbers together into an accessible and traceable single source, and that it saved them a massive amount of time and money chasing paperwork and opening a million documents and web pages.

 

Haven felt that Brew Ninja was able to streamline their business, save them time, and allow them to focus on growing their business and making great beer that everyone can enjoy, instead of spending all day staring at a computer screen.

 

Check out Haven Brewing Company

Instagram: https://www.instagram.com/havenbrewingcompany/?hl=en

Facebook: https://www.facebook.com/HavenBrewingCompany/

LinkedIn: https://www.linkedin.com/company/smithavens-brewing-company/

Website: https://havenbrewing.ca/