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There are many benefits of implementing Sage X3. Sage X3 helps the average business to improve efficiencies, automate workflows and alerts, and much more. Quantifying these benefits yields surprising information. Research shows that a mid-size company in the business of manufacturing, distribution and services can receive a net present value benefit of US $1.7 million and an ROI of 177%. About the Survey: Forrester Research Forrester Research conducted a cost-savings analysis at the behest of Sage, the parent company behind Sage X3, to assess the overall savings for businesses after implementing their product in the workforce. The results indicated considerable efficiencies and savings throughout the company. When ascertaining cost-savings, it is important to identify key areas and winnow out extraneous data to ensure the results are accurate. Forrester’s research included customer interviews and other fact-finding, but was not an exhaustive assessment of the situation. Nevertheless, the benefits derived after implementing Sage X3 were noticeable and found in many areas of the company’s operations. Labor-Saving Benefits with Sage X3 When Sage X3 financial module was implemented, customers reported labor and time-saving in the area of financial reporting. According to the report, the sample company whose data was analyzed would have had […]

When it comes to enterprise software, it can be difficult to predict the future. Few would have predicted the rise of the internet and the ease and cost-savings of cloud computing, for example. Yet ERP consulting must take into account many factors, including certain trends that have followed throughout the year and that predict the future of the industry. These three areas are likely to affect enterprise software in the new year and beyond. Are you ready? Prediction #1: Nearly Every ERP System Will Be on the Cloud According to Right Scale, 93% of companies surveyed are using the cloud. Many use cloud-based systems such as Google Docs and other storage and computing software without thinking about it. To these companies, migrating their enterprise software to the cloud makes sense. They’re already using the cloud, so moving other applications such as Sage EM (formerly known as Sage X3) to the cloud are simply another step in the evolution of their computing needs. Why move to the cloud? Cloud-based systems offer flexibility, cost-savings, and mobility. You can scale them up or down as your business grows without adding costly hardware. Generally, they are more cost-effective than site-based software purchases, and you […]

Managing multiple locations presents unique challenges. Many manufacturing organizations have factories, warehouses, and offices located in different parts of the country to better serve their customers. The faster and easier it is to share information among these different facilities, the better. A whitepaper from the Aberdeen Group, available from IWI Consulting, shares insights into how manufacturing ERP systems can help multi-location operations. The study examined data from 81 participants to find out what Leaders did to improve their companies. They found that the main benefits derived from ERP systems included enhanced access to data from all points of a company, increased efficiencies, better planning, and reduced costs. Benefits of a Manufacturing ERP System Enhanced Information Sharing One of the biggest challenges that companies with multiple locations face is sharing data from one part of the company with another. Even when all portions of the company want to share, it’s often hard to figure out the best way to do so. Emailing information makes sense, and it’s fast, but it’s also inevitable that someone is going to be left off of the email chain who needs the information. Shared networks are great, but you have to know where to look for the […]

Pay some, receive more; that’s the surprising way in which ERP for manufacturing reduces costs. When you invest in an ERP system, you’ll reap benefits that far outweigh the initial costs. One benefit your manufacturing firm can derive from an ERP system implementation is a reduction in costs. A study from the Aberdeen Group invited 81 discrete manufacturers to share information about their ERP use and implementation. Some of the questions asked in the study yielded insights into how an ERP system can reduce costs. These five cost reductions may surprise you, but if they intrigue you, it’s time to look into what an ERP system can do for your company. The Surprising Ways ERP for Manufacturing Reduces Costs It helps to understand some of the overall benefits of an ERP system before diving into how it can reduce costs. An ERP system improves visibility through real-time data sharing across the company. Reports that may have taken days, weeks, or months to reach your desk from across the company can now be accessed instantly. This real-time data sharing enables business leaders to make swifter decisions, proactively manage business operations, and reduce costs. ERP for manufacturing helps reduce costs for manufacturers […]