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You can have an innovative product or unique and useful service, and you can have a great team of enthusiastic employees with refined skills, but if you can’t sell your product, it all goes to waste. Knowing how to sell and how to increase sales may seem like obvious must-haves for businesses, but it can often be a weak point that can crumble an entire operation. Mid-sized and small businesses account for the majority of sales in Canada and the US, and there are several ways your teams can improve sales and grab a bigger slice of the marketplace.   Have a strong but smart digital presence. Many companies make the mistake of thinking they need a presence on every social media platform and to spam their customers with constant emails and newsletters. Strong means quality not quantity. Use the social applications that suit your target audience or customer base, i.e., Snapchat for a younger demo and Facebook for a more mature one. Hire creative professionals to build solid platforms for you with concise and complete information for current and new customers. Shop around to find reasonably priced rates for a graphic designer for your logo, a copywriter who can […]

A business can’t thrive without effective financial management. It takes expert skills and tools to properly plan, implement, and monitor resources, especially for mid-sized businesses with complex operations and a moderate budget to handle. To make the best use of your resources, track and manage core financials, and to stay competitive in an ever-evolving marketplace, it’s vital to have complete information at your and your team’s fingertips.   There is no doubt monitoring financials is complex. Stellar financial management requires powerful management tools in the cloud. IWI Consulting Group is an enterprise resource planning (ERP) and Sage software provider that can help by customizing an AICPA-endorsed solution like Sage Intacct for your business. The system is designed to be flexible and adapt to suit your needs. With these core financials you can increase productivity and efficiency to accurately manage and grow your business. It includes:   A flexible and scalable general ledger with full visibility Enhanced purchasing to set the optimal price at the right time Order management for high volumes, complex processes, and tailored pricing details Easy accounts payable and receivable A full picture of cash and capital management Accessible dashboards and reporting to control operations and financial data […]

Enterprise resource planning systems (ERP) offer more than a great way to manage the information from all areas of your business. They also provide you with better cash flow management. Businesses need cash to fuel growth, development, and innovation. Better cash flow management ensures that you have the necessary cash to make sound investments into new projects. It helps your business flourish. Here’s how an enterprise resource planning system can help your business grow. What Is Enterprise Resource Planning? An ERP or enterprise resource planning system is business process management software. It integrates and automates many back-office functions to help you improve productivity. ERP systems such as Sage 300 and Sage 300c (cloud-based ERP) offer many advantages to your business. Improves Cash Flow Enterprise resource systems help you automate and integrate systems and processes throughout your company. It can automate routine tasks such as billing and invoicing, and integrate with systems such as accounting and finance to run reports on unpaid invoices, past due invoices, cash flow, and much more. ERP systems such as Sage 300 can help you with: Late purchase orders: It can be frustrating when orders aren’t shipping out quickly. Customers get annoyed, and delays in shipping […]

Some companies run on gut instinct. Others run on data. If your company falls into the latter camp, welcome to Sage X3 Data Management and Analytics, a comprehensive analytics solution for insights-driven organizations. Sage X3 Data Management and Analytics offers a comprehensive portfolio of analytics with the ease of an out of the box solution. Deep integration with other Sage software enables Sage X3 Data Management and Analytics to manage data and extra insights without cumbersome technical programming. It’s easier to set up than many other data analytics programs, making it a favorite for companies who crave data but have little time for custom programming. Let’s take a look at some of the features Sage X3 Data Management and Analytics offers. One analytics solution: The software takes multiple data inputs and generates outputs through dynamic role-based dashboards, Sage BI dashboards and reporting, and other BI tools, as required. It’s one solution to the problem of multiple BI needs. Easy deployment: One pre-packaged solution makes deployment a snap. Various models include cloud, on-premise, and hybrid models. Pre-set data models for Sage X3 and other ERP and CRM applications offer better deployment options. Seamless integration: This tool is built to integrate with […]

ERP systems such as Sage ERP X3 have long played an important role in manufacturing operations. The capabilities of this software have helped manufacturers monitor costs, improve communications and teamwork, and enhance customer service. Now, a new study points to the many ways in which ERP systems are making an impact on supply chain management. The Study: Three Surprising Results The Delphi Group asked 23 global manufacturers about the impact of enterprise resource planning (ERP) systems on their supply chain and supply chain management. The answers can be grouped into three main findings that include the following impacts on supply chain management: Integration of information across the entire supply chain between customers and suppliers Increasing “mass customization” of products Supply chains consisting of several independent entities, making the entire supply chain more complex to manage The supply chain has been shifting over the past few years from a few large suppliers to a network of smaller, independent suppliers. This flexible approach has made it easier for small to mid-sized companies to offer lower prices, faster turnaround time, and newer services such as mass customization to their clients so that they can remain competitive in the global marketplace. New Concepts in […]

Sage X3 Offers More for Growing Companies Manufacturers exploring their options for adding enterprise resource planning systems to their companies need to be aware of many factors during the research phase of their project. Understanding just what an ERP system does, the features and benefits of each system, and how the system will integrate with existing systems is critical. But perhaps, more importantly, is understanding how an ERP system is configured to work for the manufacturing industry. Software such as Sage X3 is built with manufacturers in mind. It’s been tested with many manufacturing firms who have known, used, and benefited from its attributes over the years. Choosing software that’s used by other companies in your industry is one way to ensure that it has what you need to run your business efficiently. There are several key questions to ask before choosing your software package. These include: Have you included all internal stakeholders in the software assessment process? The worst thing you can do is begin speaking with vendors and consultants about ERP systems without complete feedback from the entire team back at the plant or office who intend to use the system. Input from all areas within an organization […]

Manufacturers face many challenges in an increasingly globalized world. Lowered trade barriers, cheaper imports, and changing tastes among businesses and consumers are all just part of the cascade of challenges that manufacturers face on a daily basis. IWI Consulting Group would like to offer you a special white paper entitled ERP: A Strategic Growth Driver for Manufacturing Firms. In this paper, we address the many challenges faced by manufacturers and explore how software such as Sage ERP X3 can help you overcome these challenges. The Only Constant Is Change All businesses face changes on a daily basis. From fickle consumer tastes to changing ways of accessing information, the world changes at an ever-faster clip. Manufacturers are not immune to the increasing pace of change. Manufacturing today is a far cry from the way it was 30 years ago – or even a few years ago. You don’t have to look far back into the past to see how global, regional, and local changes have impacted the manufacturing industry. It is important for manufacturers to accept, rather than resist, change. Change is happening at every level of the organization. To embrace change is to realize the potential inherent in many of […]

When the Time Is Right for Sage X3 You know that your company needs a new ERP system. The existing software is slow, requiring nightly manual batch updates that bog down the entire network. Production is upset that they can’t get real-time figures. Your supply chain manager wants to know why she can’t get accurate information on where shipments are when customers are waiting for orders. It’s a headache that many manufacturers face. There are certain signs that your current ERP system no longer meets your company’s needs. Do you know what to look for to determine when the time is right to upgrade your ERP system? Some hints that it’s time to upgrade your ERP system include: Slow decision-making: Although some people may just prefer more time to consider all of their options, slow decision-making may also be a sign of an aging ERP system. If you are waiting to collect data from your system, or you need someone staff to verify the accuracy of the data that you are pulling from your system, it’s a sign that your system is outdated. Systems such as Sage X3 provide real-time data so that you never have to worry about whether […]

Manufacturing is all about efficiencies. The more efficient your operation, the more profitable it can be. To improve efficiencies throughout your company, using a manufacturing ERP software package such as Sage X3 can enhance efficiencies throughout the supply chain, production, finance and more. One way in which you can improve efficiency is by better data management. There’s an old saying in computers, “Garbage in – garbage out.” It means that the quality of the outputs is only as good as the quality of the inputs into the computer system. You’ve seen this yourself in the manufacturing process. High-grade raw materials entered into the start of the manufacturing process results in a better product. Better products result in higher customer satisfaction and eventually, high demand as word spreads that your company produces the best quality products in the industry. Well, the same may be said for data. Your Sage X3 system can yield accurate, insightful reports – or it may yield incorrect data, depending on the inputs. To ensure you get the most from your manufacturing ERP software, put into place the following best practices for data management. Quality in – quality out in all things, including Sage X3. Data Management […]

If you’re working with an ERP consulting firm such as IWI Consulting Group, you have access to some of the best minds in the ERP world. Your consultants want the best for you and they want your Sage X3 or Sage 300 ERP system to become an integral part of your business. In order for you to really gain the maximum benefit from your ERP consulting project, these tips will help you use your system in new and innovative ways. Build and Refine Strategic Plans Data found in Sage ERP can be used to build, refine, and support your company’s short and long-term strategic plans. Be sure that the software chosen for your company scales with your growth and enables you to add functions and modules, as required. Sage-based software is ideal for long-term growth. There are many modules—such as HRMS, CRM, and more—that can be added to build out a bigger, better system over time. Create Data Policies The information derived from your ERP system is only as accurate as the data inputted into the system itself. Data policies and guidelines help set standards and expectations for how and who can enter data into the system. Choose someone on […]