Microsoft Dynamics for Accounting — What You Need to Know
Modern businesses have complex needs and processes, especially when it comes to accounting. So if you’re not careful, your finance department could quickly find itself in a state of data sprawl, decentralized information and workflows, and obtuse reporting that’s unreadable by anyone without a degree in finance. But as accounting needs have evolved, so has […]
What Is ERP Software? A Comprehensive Buyer’s Guide
As your organization evolves, it will inevitably outgrow the use of spreadsheets and other old-school inventory management practices. To maintain your growth trajectory and continue to deliver for your customers, you need a single source of truth that provides real-time visibility into inventory, your supply chain, and the consumer journey. In other words, you need […]
Accelerating Order Management Cycles with Automation
The Power of Automation Now that you’ve studied the stages of the Order Management Cycle (OMC) and its impact on customer satisfaction and operational efficiency, it’s time to accelerate your OMC with powerful workflow automation. Leveraging automation to optimize your systems creates an ideal workflow that eliminates waste, prevents orders from falling through the cracks, […]
The Power of Order Tracking
Shifting Your Perspective It is common for executives to focus on refining internal processes, but understanding the customer’s perspective is equally important. By immersing yourself in the order tracking process, you can bridge the gap between internal operations and customer experiences. Following an order from the initial stages of planning and entry to its completion […]
Coordinating Responsibilities for a Cohesive Distribution Cycle
Optimizing the Distribution Cycle A well-coordinated distribution cycle plays a pivotal role in achieving both operational success and customer satisfaction. Seasoned executives know that disjointed functional responsibilities create challenges as well as costs. Without clear direction from the top, and open communication from all levels, a company’s distribution cycle cannot thrive. By viewing the cycle […]
7 Examples of ERP Systems (Plus Benefits, Use Cases, and More)
Enterprise resource planning systems — or “ERP systems,” as they are often called — are designed to support a broad range of business functions. With the right ERP software solutions, you can access real-time data, streamline core business processes, and elevate organizational productivity. Perhaps most importantly, ERP software provides you with a single source of […]
Inventory Visibility: What It Is and How to Achieve It
For those trying to keep their operation running smoothly, maintain timely order fulfillment, and keep customer satisfaction high, inventory visibility and inventory management go hand-in-hand. Without a clear understanding of what products you have available and what stage of the order-to-cash cycle they’re in, you’re left with a lot of question marks when customers or […]
Overcoming the Top Three Types of ERP Waste
Eliminating waste in your operation wherever you can is a must. However, there are many moving parts in any business, so it can be difficult to know where to begin. To start, we recommend taking a look at the core foundation upon which your business is built: your ERP. Avoiding ERP Waste Your ERP touches […]
Inventory Management and Workflow: The Perfect Pairing
Executing the steps to achieve an accurate, organized warehouse is one of the best actions you can take to ensure a successful business. The goal is clear, but it’s getting there that makes things complicated. Luckily, we have plenty of advice on how to upgrade your inventory management. Wave goodbye to human error Your greatest […]
Never Let Inventory Slip Through the Cracks Again
Inventory visibility, or knowing the location, quantity, and movement of products, is an essential component of running a successful operation. In its absence, bad inventory data results in inefficiencies like CSRs not knowing what is available to sell, buyers not knowing what inventory they need to replenish, excessive inventory holding costs, and customer frustration. These […]