Why Your Company Should Adopt NetSuite in 2016
Is your organization a fast growing company with a continually evolving business model? Do departments consistently rely on spreadsheets for operational and financial information? Is e-mail a system of record for the business? These are all signs that it might be time to adopt a full scale business management system. While that sounds like a…
Why Pay Legacy ERP Maintenance Fees?
Many legacy ERP products like Sage, Epicor, Oracle, and Microsoft Dynamics require expensive maintenance fees ranging from 16-24% of the full product price. What is included in that yearly fee? Support and the right to future software releases are generally included in these fees. However, most legacy ERP systems have been customized, which translates into…
How To Succeed in B2B e-Commerce
E-Commerce has helped many retailers open up new markets, expand offerings and increase revenue. Most notably, the estimated sales volume from Black Friday through Cyber Monday increased by double digits while in-store purchases decreased by almost $1 Billion. The majority of Black Friday purchases are B2C (Business to Consumer) and is obviously very different than…
Dangers of IBWA (Inventory by Walking Around)
I.B.W.A. is an acronym for Inventory by Walking Around. This is to describe the process where an inventory manager or warehouse employee walks around the warehouse to determine quantity and location of inventory items.
What is your digital disruption plan for 2016?
Digital transformation is becoming a more prolific topic among the top consultancies in the world. When the darling blue chip GE starts an active advertising campaign touting itself as “The digital company. That’s also an industrial company.” it may be time to evaluate what impact a digital transformation will have on small to mid-size businesses.
How to avoid a software implementation disaster
Implementing a software package, whether it’s for accounting, inventory management, manufacturing resource planning or any business area, is always a challenge for even the best organizations. The result of a software implementation should not just be new technology, but must also be better processes, improved efficiencies and a reduction of business risk. However, the prospect of an implementation itself is risky.
The seven deadly sins of Excel-based budgeting
Microsoft Excel is the most widely used information management tool among businesses. Smaller companies typically use it to track expenses, keep up with accounts receivable and manage critical information like payroll. Larger companies have ERP, accounting and/or HR systems to manage that information, but often use Excel for budgeting and forecasting.
A Better Healthcare Financial Planning and Analysis System
Today’s Healthcare landscape is changing dramatically with governmental changes, an aging boomer generation, increased healthcare regulations, and others factors such as ICD-10. It is important that healthcare companies stay on top of performance, properly deploy analytics and/or metrics, and forecast where the organization might be going.
Dangers of IBWA (Inventory by Walking Around)
By Glenn Saunders I.B.W.A. is an acronym for Inventory by Walking Around. This is to describe the process where an inventory manager or warehouse employee walks around the warehouse to determine quantity and location of inventory items. Another term used to describe this inventory management methodology is “Visual Inventory”. As far as I know, the…
What is your digital disruption plan for 2016?
By Glenn Saunders Digital transformation is becoming a more prolific topic among the top consultancies in the world. When the darling blue chip GE starts an active advertising campaign (See the Commercial Here) touting itself as “The digital company. That’s also an industrial company.” it may be time to evaluate what impact a digital…
How to avoid a software implementation disaster
By Glenn Saunders Implementing a software package, whether it’s for accounting, inventory management, manufacturing resource planning or any business area, is always a challenge for even the best organizations. The result of a software implementation should not just be new technology, but must also be better processes, improved efficiencies and a reduction of business risk. …
The seven deadly sins of Excel-based budgeting
By Glenn Saunders Microsoft Excel is the most widely used information management tool among businesses. Smaller companies typically use it to track expenses, keep up with accounts receivable and manage critical information like payroll. Larger companies have ERP, accounting and/or HR systems to manage that information, but often use Excel for budgeting and forecasting. Many…