February 16, 2017
Are you in the middle of launching new ERP software or planning an implementation in the coming months? Without effective communication guiding your rollout, even the most powerful, useful platform will go unused. Set your implementation up for success by creating an effective launch communication plan. Let these 5 questions guide you.
- How will this system make the lives of my colleagues better?
- What influencers can I ask to champion the rollout?
- How will we educate people about using this new tool?
- How will we set expectations for day of go-live?
- How will we sustain engagement on our new ERP system?
February 2, 2017
Countless small businesses rely on QuickBooks to manage their finances. This software has served your company well in the early stages of growth, but it may be showing signs of wear as you continue to expand. So, when is the right time for you to upgrade to more advanced Enterprise Resource Planning (ERP) software? The short answer: when everyday accounting tasks become complicated for your team to perform. Here are 5 common moments that signal it's time for you to move on from QuickBooks. 1. When you're struggling to track your growing inventory You've got an exciting problem on your hands. Product demand is out-pacing your ability to keep tabs on your current inventory. Maybe you're even adding a warehouse to meet your growing needs. Inventory tracking is now more critical for you than ever. How can you know what you have in real time so that you fulfill customer orders fast? And what about tracking backorders? ERP software offers all this and more. 2. When your customer data causes QuickBooks to crash Those mumblings of mutiny you're hearing in the accounting office are no joke. When file sizes get too large for QuickBooks, that causes instability and program crashes. This means lost work and lost time, which translates to a frustrated accounting team. The more customer accounts you earn the more transactions you need to enter, causing file size to increase. With QuickBooks’ Enterprise tier, the file size limitation is 1.5 GB. To regain file size, you need to delete history. When you’re hovering near max file size, you’ll notice problems like reports taking too long to load, random error messages, or all out crashing. ERP software databases have more capacity and also support transaction archiving, which you aren’t able to do in QuickBooks. 3. When reporting has become a major challenge Though QuickBooks handles reporting, these features aren’t robust or easy to use. Does your team rely on 1 or 2 QuickBooks reporting gurus to generate the right reports for your company? Are people having to export data from QuickBooks and then manipulate it in Excel to produce the reports you need? If so, it's time to upgrade to an ERP that makes creating and publishing reports, charts, and dashboards fast and easy for everyone. 4. When you need fully integrated CRM functionality With QuickBooks there’s an add-on CRM solution but it’s not a complete integration and there isn’t any drill down capability. With good ERP software, you get CRM functions integrated throughout the entire application. You can manage your customers everywhere in the system, rather than in a separate module. 5. When you need an easier way to maintain GAAP compliance QuickBooks as standalone software is not GAAP compliant. You’ve likely struggled to build your financial statements using data from QuickBooks, a network of spreadsheets, and even other systems. GAAP compliance is either expected or mandatory for:
- Securing VC funding
- Getting bank loans
- Filing your taxes
- Your company’s valuation
- And more
Summing it UpWhen a company has gotten used to any software, it’s challenging and even a little painful at first to make a change. But what you’re gaining from ERP software—the scalability, flexibility, time savings, and increase in features and integrations—will provide huge returns on your new investment. Is your company outgrowing Quickbooks? Register to attend an overview demo on SAP's Business One platform, geared for companies just like yours. Click here. Read more
January 24, 2017
The digitization of the modern marketplace necessitates the use of digital tools to stay relevant. As the 21st century continues to change in favor of technology, this fact becomes even more true. For this reason, many midsize companies, as well as some small and large companies, have found that evolving their system to incorporate enterprise resource planning software (ERP) to help organize their operations.Read more
January 9, 2017
Cloud-based business planning software used to be a solution that was associated with smaller businesses. However, in recent years, the viability of using a cloud-based enterprise resource planning software (ERP) has exponentially increased, to the point where surpasses the effectiveness of on-premise ERP, and allow your midsize business to cut major costs.Read more
January 4, 2017
Manufacturing, distribution, and service-oriented companies are facing critical challenges in today’s marketplace. To service the new global economy, companies need to be continuously reinventing themselves by rapidly adding new products and acquiring new businesses. They need to build new partnerships and expand their channels of business, because they will not be able to depend on the same set of suppliers tomorrow that they do today. Simply put, businesses cannot expect to do business the same way as the world changes around them. For these reasons, enterprises large and small need a new kind of ERP; one that's faster to deploy, and contains these characteristics:Read more
December 30, 2016
ERP is not a new thing, and has been around for the better part of 40 years. However it used to be a technology that, due to capital constraints, was typically limited to large, multi-national corporations. However, over the last 10-15 years, business enterprises have been adopting ERP technology. Now, with the cloud literally everywhere around us, it makes sense that our critical business data should be with us wherever we are, and accessible whenever we want it, thus making cloud-based ERP a must-have for rapidly growing small & large businesses.Read more
December 29, 2016
The global marketplace is not something that is known for standing still. Every year, many businesses get left behind in a market that rapidly changes, and one that demands innovation and evolution. Small-to-midsize businesses need to be prepared to tackle the tide of technological advancement, or else get washed away in the storm. Essentially, not going digital in the modern marketplace is dooming your company to mediocrity. According to Digitalist Magazine, every company is a tech company in a global marketplace like this one. The only way to maintain and grow market share is to innovate, digitally. This is why real-time, integrated ERP systems are becoming the norm in the contemporary marketplace. There are a handful of reasons that digital innovation is so crucial, and why it is absolutely necessary to digitize in the way that cloud ERP can help you accomplish...Read more
December 19, 2016
Between the rapidly-changing tech world and the shifting needs of small businesses, employees today need to be flexible. One company may transition between three different software systems within a year or two. There’s software to manage client contacts, software for editing documents, software for project management, as well as programs for finances, accounting, sales, and inventory. As a manager, your hardest job is acquiring efficient software, then putting it into action effectively in your workplace. Some employees will quickly learn and adapt to new software. Others will have to be dragged kicking and screaming.
Tips to Make Your Transition Easier
- Explain the overall benefits to them. No one wants change just for change’s sake, and they certainly don’t want it to adversely affect them. Explain the reasoning for the transition, and how it will affect the whole company in a positive way. Once the new software is rolled out, measure positive changes and share the victories that it enables. Celebrate the good moments and reflect a positive attitude.
- Give some extra time to employees so that they can play around with the software without feeling like they’re wasting time or about to screw something up. You can even consider rolling out a beta version and giving employees some exercises to do. The trouble with new software is that most of us will just learn a couple functions, and never expand past that to learn about what amazing capabilities and access they have.
- Get official, professional training for everyone. Navigator offers professional on-site training as part of our setup. Having a specialist on hand for the launch to explain it to employees gives everyone firsthand knowledge. This is much better than getting training from third-hand sources that are just learning themselves.
- Offer additional training for a few select employees in the office. You might choose the department heads, or just open up additional training for anyone who’s interested. Make sure that you’ll have a few people distributed around the office who can help others comfortably with the software. You might also think about mixing younger employees in with older employees, since the younger generation is more likely to be comfortable adopting new tech.
- Most important of all, choose your software wisely so you aren’t constantly switching to new systems. Investing in a good platform now can save you a lot of grief down the road. You’ll want a program with room for expansion and growing needs. Make sure that you have a plan in place before you launch the new software.
December 1, 2016
More and more small-to-midsize businesses are recognizing the value of real-time information that is enabled by cloud ERP systems. Further, many of these companies are adopting mobile/smart device strategies, thus enabling employees and executives to gain access to the information they need, when they need it. However, access to real-time information is not the only reason that companies are making this move. Real-time access delivers at least seven additional benefits that can help make a business more competitive in the contemporary marketplace.Read more
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