Orchid’s New Technology Integrates Inventory, eCommerce, Bound Book and Regulatory Applications

Electronic Bound Book

Electronic Bound Book

Hartford, CT (May 15, 2018) – Orchid Advisors, #1 in FFL Compliance Solutions, announces new electronic bound book technology that enables near plug-and play integration between firearm inventory, eCommerce, and regulatory business applications. The technology creates a single point of data entry for firearm transactions, mitigating significant IT development, data entry labor and ATF inspection risk. Orchid’s technology provides a simple and flexible solution for FFLs seeking to modernize their business operations.

“The pace of FFL investments in new software continues to accelerate,” says Jon Rydberg, CEO of Orchid Advisors. “We are contacted on a near daily basis by FFLs who seek an integrated business and regulatory solution, connecting basic inventory activities to an electronic bound book or ATF eForms application. Our software creates this type of integration with a simple connector routing transactions such as firearm receipts or shipments to flow between programs.”

The following are notable features of Orchid’s technology release:

  • Addresses GCA / NFA firearm inventory transactions such as Serialization, Assembly, Receiving, Shipping, Destruction, and non-licensee Transfers;
  • Integrates with Epicor, Microsoft 365, Quickbooks, Sage 100/300, NetSuite, SAP, Oracle and others;
  • Provides simplified integration with ATF compliance software (Electronic Bound Book and ATF eForms); and
  • Permits integration with third party applications such as Shopify, Magento, Amazon, eBay, and Fedex.

Orchid has also upgraded its Electronic Bound Book functionality by simplifying high-volume serial number entry and improving NFA firearm tracking.

FFLs seeking Orchid’s technology can access it through the firm’s online software portal, FFLBizHub, which includes a free 30 day trial or subscriptions beginning at $10 per month.

About Orchid Advisors
Orchid Advisors provides ATF and ITAR compliance services to manufacturing, distribution, and retail FFL. The firm offers FFL and Export licensing, deep record inspections, e4473/NFA eForms and Electronic Bound Book software. In conjunction with NSSF, Orchid Advisors hosts the Firearm Industry Compliance Conference and operates the largest online ATF and ITAR compliance training platform available. Orchid Advisors’ unique staff of former firearm industry attorneys, former ATF, compliance professionals and software executives are passionate about FFL compliance. The firm is a partner to NSSF, NASGW, ASA and the NRA Business Alliance. Visit orchidadvisors.com to learn more.

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Michelle Ingram, CFO
Orchid Advisors LLC
+1 860 656 8884

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