Folium Biosciences Testimonial: Seed to Sale Software on Salesforce Increases Revenue 1000%+

About Folium Biosciences

Headquartered in Colorado Springs and known for its exclusive CO2 extraction technology, Folium Biosciences is the largest vertically integrated B2B producer, manufacturer, and distributor of hemp-derived non-psychoactive cannabinoids in North America. Backed by quality, sciences, innovation, and scale, Folium prides itself on tapping into the unlimited future of hemp and unlocking its full potential to answer the need for safe, high quality, truthful cannabinoid products.

Opportunity

Folium Biosciences is in a fast paced industry that is working through regulations, fast changing consumer habits, and unique accounting needs. Their initial Inventory Management selection could not keep up with their growth and they needed a new seed to sale software solution. As the premier bulk supplier of highly refined and scientifically programmed PCR hemp oil that can then be packaged into a multitude of consumer product applications they needed an agile and more robust solution.

Solution

Folium selected Salesforce CRM and then looked to the AppExchange to find a fit for their ERP requirements natively on the platform. Ascent Solutions delivered a single source of truth system with Salesforce for seed to sale software by providing inventory, procurement, production, orders and fulfillment management all natively on the platform. This enabled Folium to leverage Salesforce CRM for front office activities (e.g. sales and service) while Ascent fulfilled the missing back office elements that Folium needed including inventory control, lot/batch traceability, labeling and taxation compliance. In 2019 Folium increase sales by 1000%+ with its 100% vertically integrated solution in the cloud.

How can we help you?

Get in touch with our expert team to find out how we could help your organization with your ERP requirements. Call 908-981-0150 or complete our contact form to see how we can reach your vision.

"Ascent Solutions has allowed us to have full traceability and lot control from our Grow Ops to the end fulfillment of our finished products such as tinctures or softgels. Where other systems impede your growth, Ascent ERP accelerated our growth. With the high level of Fortune 500 clients in our B2B business, we offer the chance for clients to audit our process and when they ask for information; we are able to clearly display all traceability through Ascent ERP and Salesforce in one native, interactive system...it makes the lives of our employees easier. Without a CRM like Salesforce and an ERP like Ascent combined in one system, none of this would be possible."

“Ascent ERP fits our requirements perfectly, and as it is native to the Salesforce app cloud, we know it will be simple to install and get into production. Now we have the Inventory Management that meets our requirements and we can stay with the Salesforce CRM system."

Cloud:

Salesforce Sales Cloud

Apps:

Ascent ERP, Label Anything

Industry:

Manufacturing and Distribution, Cannabis

Implemented by:

Ascent Solutions

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