In the USA alone, in June 2021, companies carried more than $2 trillion worth of inventory in their warehouses and distribution centers; other estimates say as much as 90 percent of that was stationary for the month. When it sits for a longer time, that inventory could quickly become a loss for those companies. Your [...]
An ERP system that is fully integrated allows you to run your entire business operation, including your accounting and finance departments, with a single system. Using one system saves you time, as it eliminates the need to cross-reference and re-enter the same data into multiple systems and spreadsheets. A fully integrated system increases the accuracy [...]
Despite the fact that e-commerce solved a global need to acquire products, even services, without risking contagion businesses had to rapidly transform. For this reason, regardless of the industry to which it belongs, all companies are technological. It is important to clarify that being a digitized company implies a reconfiguration of the business model to turn [...]
Investing the proper resources in project management is important for service companies. A good cloud-based project management system will help service companies streamline their operations and get jobs running through their shop more smoothly, with fewer hiccups and delays, meaning more jobs will be completed and delivered on time. With effective project management, you can [...]
Entrepreneurs know that the best startups are built as lean, efficient operations. Working to maximize the potential of a new idea with as few resources as possible, startups of all sizes require the ability to remain organized yet nimble in order to respond to changing market demands. One of the most important challenges successful startups [...]
With the unprecedented global impact of COVID-19, it’s no surprise that most businesses have been forced to develop their online operations. People have embraced social distancing as a means of slowing the virus spread, and now, more than ever, there has been a huge upturn in online transaction volume presenting challenges to businesses reeling from [...]
The revolution brought up by the digital transformation has caused businesses and customers to significantly change several working parameters. While there is an increasing number of customers, there is also an increase in the number of issues arriving at a company’s helpdesk. Because of this, customers have to face lengthy queues and call holds to [...]
What is case management software? Case management software allows for a more efficient and more complete customer service strategy. Any interaction with a customer is considered a “case,” and these kinds of systems allow businesses to track all of these cases and collect them together in one place. This means that, whether the interaction came [...]
You know it’s time to explore an alternative to Sage Intacct when your finance team has an unhealthy dependence on spreadsheets to support financial processes and reporting. Manual data entry and re-entry take hours and cause errors. Lack of visibility into business metrics inhibits decision-making, and the system runs oh-so-slow. Despite the obvious drawbacks, the anxiety of [...]
In today’s busy world, businesses in every sector rely on different types of inventory goods. Products, materials, components, and even cleaning products and packaging, are all classed as controllable physical assets within a modern inventory stream, and understanding how to manage them all is a critical part of day-to-day operations. Below, we are taking a [...]
