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18
Jan 2017
Wednesday

What’s new in the world of Sage 300cloud (formerly known as Sage 300) for 2017? Sage 300cloud (formerly known as Sage 300) offers a powerful ERP system to help your business achieve its goals in 2017. If you’re new to the world of Sage 300cloud (formerly known as Sage 300), download our free white paper to learn more. Sage 300cloud (formerly known as Sage 300): New for 2017 One reason customers love Sage software so much is that the company really listens to customer feedback and each upgrade reflects customer requests and input. Sage 300cloud (formerly known as Sage 300) is no exception. The 2017 updates include numerous features to increase productivity and save time. Mobility enhancements: Eighteen additional web screens and enhanced layout make it easier to use Sage 300cloud (formerly known as Sage 300) on your mobile devices. Optimized entry field layout makes it easier to enter information on your mobile device. Optimize and forecast inventory: Enhancements to this popular feature in Sage Inventory Advisor Basics use color-coded models for easier inventory management, enhanced graphs and charts, and more to help you assess current inventory and manage existing assets efficiently. Measure lead time performance, supply performance, and more. Batched credit card […]

11
Jan 2017
Wednesday

Food manufacturers and others should take note of these important accounting trends, and check out the new financial reporting standards detailed afterward. Both may help your business in the new year. Accounting Trends: Data, Analytics, and the Accountant Accountants have always been the number crunchers of the company, but there’s an emerging trend of marrying both accounting data and other data from within a company to inform business decisions. ERP systems such as Sage EM (formerly known as Sage X3) and Sage 300cloud (formerly known as Sage 300) provide companies with powerful data. Accountants are in a unique position to help them harness and analyze that data. Income sheets, balance sheets, and cash flows remain important reports for any company. In addition to those standbys of the accounting world, new data reports added to these basics can provide an enhanced picture of the company’s financial health. An in-depth analysis of all of the data can give your company’s managers the information they need to make smarter business decisions Accountants and financial professionals have the skillsets to analyze complex data problems and distill valuable information from them. By adding your skills to the data picture, you can help drive good decisions. The Right […]

04
Jan 2017
Wednesday

Using Manufacturing ERP Software to Meet the Next Revolution Manufacturing ERP software paves the way for companies to enter into this new fourth era of manufacturing. Yes, we’re entering a brave new world of manufacturing, powered by technology, driven by data, and serving a global community. The Industrial Revolution kicked off manufacturing as we know it today, but we are now entering uncharted territory. The first wave of manufacturing was, of course, that famous revolution that saw innovations in manufacturing everything from clothing to shoes. New steam and water-powered engines fueling vast weaving machines made manufacturing faster, producing less expensive goods for public consumption. The second wave of manufacturing was ushered in by Henry Ford, who positioned the assembly line as the new method of manufacturing consumer goods quickly and inexpensively. Now we are leaving the third wave of manufacturing and entering the fourth. The third brought us automated systems: information technology, computerized processing, and robotic assembly lines that transformed how manufacturers build products. The fourth wave or revolution of manufacturing uses cyber-physical systems to bring goods to customers with more precision and accuracy than ever before. It’s an exciting time for manufacturers throughout North America and, indeed, throughout the […]

28
Dec 2016
Wednesday

Change is in the air with the new year. It’s time to embrace Sage ERP software and surrender the spreadsheets. If your company has recently purchased Sage EM (formerly known as Sage X3) or Sage 300cloud (formerly known as Sage 300), you’re in good company. Hundreds of businesses trust these software systems for accurate, reliable data. They reduce time and effort spent on data entry and make reporting a breeze for many companies. Yet, despite all the promise found in software like Sage EM (formerly known as Sage X3) and Sage 300cloud (formerly known as Sage 300), some people cling to their spreadsheets. We love what we know, and business people are no different from the person who has always purchased a certain brand of soap or paper towels and refuses to change when the shop no longer has them in stock. Many people forget that spreadsheets weren’t invented for the complex and often complicated reporting we force them into. It takes considerable time and effort to key data into the spreadsheet, set up charts and graphs, and run them accurately. Tracking down a mistake in a spreadsheet that leads to an erroneous graph can take a long time. Spreadsheets, while […]

21
Dec 2016
Wednesday

Inventory Accuracy is Just One Hallmark of a Great Inventory Management System Does your inventory management system have what it takes to boost your business next year? Inventory accuracy is just one part of a great inventory system. Systems such as Sage Inventory Advisor have all the right stuff to maximize profits, minimize losses, and manage your inventory like a pro. Let’s look at some of the characteristics of a terrific inventory management system. Why is a good inventory management system important? For most companies, inventory represents a hefty investment of capital. Products remaining idle and collecting dust in the warehouse are costly. Not only does a business pay to produce laggards, it must also pay to warehouse and maintain them. Good inventory management reduces excess goods, maintains adequate stock, and optimizes warehouse space by thoughtful placement of shelves and bins. Inventory management is both an art and a science, fueled by accurate data from inventory systems married to your company’s ERP systems and more. The right inventory management system can help your company control costs and maximize profits no matter what industry you are in. Five Characteristics of Terrific Inventory Management Well-organized inventory: Inventory that is organized well is […]

14
Dec 2016
Wednesday

Customer-centric enterprise software is the latest buzzword, but it’s more than a fad: it’s a competitive strategy to set your business apart. With customer-centric enterprise software, you can focus on adding value to every transaction to build customer relationships. In an age in which information flows freely through electronic devices, customers are a lot savvier about finding vendors with the best price. Competing solely on price offers little when customers can always find the next option online. To truly make your business indispensable to customers, you need a customer-centric approach. Enterprise software that helps you build a customer service-based business model can help you add that special touch to every transaction that keeps customers coming back for more. A new white paper from IWI Consulting, Customer-Centric ERP: Integrated Systems for Satisfied Customers, is available at no charge to help demystify the concept of customer-centric enterprise resource planning and to help you consider the many benefits to your business. Using Your Enterprise System for Maximum Benefit While all ERP systems offer many benefits, there are specific actions you can take to maximize the benefits of your current enterprise software. Three benefits stand out: Data entry at the point of activity. Standardized […]

07
Dec 2016
Wednesday

What business systems are most important in the era of the empowered customer? Today’s customers are empowered with information: facts, statistics, industry news, global business reports, and more. Any time customers search the web, they can find information that not too long ago resided in specialized databases scattered throughout the world. Now that information can be accessed by almost anyone, anywhere. With all that information comes new challenges. Customers no longer rely on a favored vendor simply because that vendor provides the most comprehensive information about their products or services. Service now stands out as the sole distinguishing factor between companies. It makes good sense to focus on systems and methods that enhance customer service. Business systems in the age of customer empowerment must serve that purpose and truly make a difference in the lives of customers to enhance competitive advantage. Business Systems for Competitive Advantage: Customer-Centric ERP The new buzzword is customer-centric ERP. Best in class organizations, or those who have consistently demonstrated high revenues, lowered costs, and good service utilize a customer-centric ERP model to make their businesses stand out in the crowded marketplace. To these companies, facilitating customer transactions and improving service is the best way to […]

30
Nov 2016
Wednesday

Systems such as Sage 300cloud (formerly known as Sage 300) help your business grow its revenues while decreasing costs. If that seems too good to be true, then you may wish to download and read the new free whitepaper from IWI Consulting. Customer-Centric ERP: Integrated Systems for Satisfied Customers is available at no charge to help demystify the concept of customer-centric enterprise resource planning and to help you consider the many benefits to your business. In this paper, researchers at the Aberdeen Group discovered that ‘best in class’ companies who use ERP systems and focus on a customer-centric model increased their revenues and decreased costs. They were also able to decrease time to order and improve customer satisfaction overall. Increasing Revenues ERP systems can improve revenues by enhancing worker productivity. Complete and on-time delivery increased substantially in companies using integrated ERP systems. Companies that used a customer-centric ERP solution increased profits 27% compared to similar companies in their industry who increased profits an average of 7%. Increased Sales Where did these revenues come from? Sales to new customers increased as did the upsells and cross-sells to existing customers. The enhanced communication found within the ERP system prevented the sales team from […]

23
Nov 2016
Wednesday

Systems such as Sage EM (formerly known as Sage X3) that impart a customer-centric focus to enterprise resource planning can improve both customer satisfaction and your bottom line. A new white paper from IWI Consulting, Customer-Centric ERP: Integrated Systems for Satisfied Customers is available at no charge to help demystify the concept of customer-centric enterprise resource planning and to help you consider the many benefits to your business. Learn from the Best (in Class) Best in class businesses have higher rates of customer satisfaction and success. Perhaps not coincidently, they are also much more likely to view their ERP system as an important component in a customer-centric model. These are the top performing businesses in the industry, as measured by the Aberdeen Group in criteria explained in the white paper. Such businesses are 51% more likely to use a customer-centric CRM and ERP system to improve their businesses. Companies that can seamlessly integrate data across multiple systems through their ERP compared to others with siloed systems achieved an 88% increase in revenues with a 12% reduction in customer care. They could reduce the costs of customer care while simultaneously improving their company’s value and sales ability, a winning situation for any […]

16
Nov 2016
Wednesday

What is customer-centric enterprise resource planning? What benefit is it to your business? A new white paper available from the IWI Consulting Group entitled Customer-Centric ERP: Integrated Systems for Satisfied Customers is available at no charge to help demystify the concept of customer-centric enterprise resource planning and to help you consider the many benefits to your business. Enterprise Resource Planning Explained Enterprise resource planning is a systematic approach to connect siloed data. Instead of separate and discrete systems for accounting, operations, customer relationship management and so on, these systems feed into one ERP system that provides a comprehensive overview of a company’s business. You can still drill down into each system for details, but the big picture is now available through a companywide dashboard that makes it easier to view and use data. Why Focus on Customer Satisfaction? Companies derive many benefits from enterprise resource planning. Customer satisfaction is perhaps the least recognized, yet the most important benefit, among them. Customers today are empowered with more information than at any time in the past. The internet puts vast resources at their fingertips for instant fact-finding. With so much information so readily available, companies that wish to attract and retain customers […]