3 Myths About Cloud ERP Software Debunked!

Posted by Brian Radford

Mar 10, 2015 10:56:53 AM

Unfortunately, there are several myths floating around the Internet about cloud-based tools, especially cloud ERP. The problem is that the owners of small- and medium-sized businesses (SMBs) miss out on 
the amazing benefits of these tools  because they unnecessarily fear untruths.

It’s time to dispel these myths! Here are three of the most common misunderstood facts about cloud ERP software, and why  it makes no sense to continue relying on outdated, legacy systems .
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Topics: cloud ERP, cloud-based financial software, erp software

Ask These 5 Questions Before Making Any Cloud ERP Customizations

Posted by Dale Schlagel

Mar 9, 2015 2:09:17 PM

In the early 1900s, Henry Ford sponsored a way to mass-produce cars using an assembly line. For the first time in the history of the world, regular people could afford their own set of wheels.

Likewise, small and medium-sized businesses (SMBs) must take advantage of cost-saving techniques available today. If something can be made or delivered without costly customizations, it’s going to be cheaper to buy.

The same idea applies to cloud ERP systems. If SMBs are able to successfully use these tools without paying a vendor to customize the offering — or, completely rebuild the system — they’re going to save lots of money. Embracing an out-of-the-box solution is absolutely ideal from a cost standpoint.

This is why SMBs must find a vendor offering an affordable cloud ERP system that has built-in workflows, integrates with your current systems, performs all of the necessary functions and moves the business forward. Here are five questions to ask before going forward with any ERP customizations.

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Topics: cloud ERP, erp software

Why Migrating To Financial Accounting Software Makes “Cents”

Posted by Samantha Merrill

Mar 5, 2015 2:28:12 PM

Financial accounting is complex: Accuracy is paramount, but accounting software is expensive. You shouldn't be forced to choose between profitability and precise calculations. You need a solution that's cost-effective so you're getting the most accurate data, the best reporting and the smartest analysis without breaking your business budget.

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Topics: cloud ERP, financial accounting

How Distribution Software Solves These 4 Common Fulfillment Problems

Posted by Brian Radford

Mar 4, 2015 4:00:00 PM

From sales and invoicing to warehouse management and inventory tracking, distribution is a very complicated endeavor. As a wholesale distribution company, you're well aware of the challenges associated with fulfillment – you encounter them on a daily basis. Find out how distribution software solves these common problems and helps your business run smoothly.

1. Your customer places an order, but you can't fulfill it.

When your customer places an order – no matter the channel – you're tentatively promising that you're able to fill it. But your inventory is inaccurate or your warehouse is mismanaged, so you're unable to process and fulfill orders as they come in. Your customers, who assume that your product availability is accurate when they place the order, are upset. You've lost their trust and all but eliminated the possibility that they'll return in the future.

How does distribution software help?

Distribution software utilizes data-capture technology to accurately track every item in your inventory. This warehouse management system is linked to barcode scanners, laptops, smartphones and mobile devices, so every item that comes in and out of your warehouse is tracked. Your overall business management system is integrated, so all the tracking data that's captured is immediately synced to the ERP software. This grants you real-time inventory control and visibility into your omnichannel transactions.

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Topics: order management software, distribution software

5 Questions To Ask Before Choosing Your Next Payroll Software Provider

Posted by Brian Radford

Mar 3, 2015 3:00:00 PM

Payroll processing  is difficult and time-consuming, so it's no wonder why many businesses have chosen to  outsource payroll  tasks. Unfortunately, it's often nerve-wracking to put your business's important payroll functions in the hands of someone else.  Payroll software is the solution: It offers all the benefits of outsourcing payroll (eliminating the burden on your resources) and all the control of performing payroll in-house.  Before you start your hunt for a new  payroll solution , arm yourself with these questions to ensure the choice you make is the right one for your business. 
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Topics: HR and payroll

Reporting: 5 Reasons Financial Accounting Software Is a Must-Have

Posted by Brian Radford

Mar 2, 2015 5:00:00 PM

With several departments generating their own numbers using their own complex Excel formulas, it’s no wonder that small- and medium-sized businesses (SMBs) often struggle with finding a single clear version of the truth.

Who has the right numbers? Nobody knows!

The ability to communicate accurate financial data to lenders and stakeholders is critical. But how do you know which version of the truth to rely on? Excel and require manual actions, which can create issues and can be error-prone. They also can’t capture the discussions between managers about the results of reports. Nor do they contain automatic alarms that trigger management actions based on a threshold.

In order to achieve a single version of truth and process high-quality reporting actions, SMBs absolutely  must use financial accounting software. It’s only with powerful tools like this that an entire company has full confidence in the numbers.

Here are five additional reasons why  financial accounting software is the best way to generate financial reports for your company.
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Topics: financial accounting, cloud-based financial software, accounting solutions

There's Got To Be A Better Way: Cloud-Based ERP Software

Posted by Brian Radford

Feb 27, 2015 9:00:00 AM

There are a lot of business software vendors on the market today. You know you need to migrate to the next level of operational efficiency, but how do you ensure you’re adopting the right ERP software for your small to mid-sized business?

Although all ERP software systems offer a way to integrate a range of processes and functions, traditionally, these systems were created for enterprise businesses and are considered costly and time-consuming to set up. Luckily, in the last 10 years, cloud-based ERP software offers businesses an affordable and accessible alternative.

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Topics: cloud ERP, erp software

The Evolution of ERP Solutions: From In-House To Cloud-Hosted, Part 2

Posted by Brian Radford

Feb 26, 2015 9:00:00 AM

Traditional on-premise ERP solutions, as discussed in our previous post, are fast becoming obsolete. They're still being used by many small and mid-sized companies, but it's unrealistic for smart, strategic business executives to continue overlooking the huge functionality gaps in the on-premise model.

The next stage in the evolution of ERP is the hosted approach. Hosted ERP software is a popular and attractive option: Young SMBs build new business management solutions from scratch, and well-developed businesses overhaul their current systems to be more flexible, functional and accessible. Here's what a hosted ERP system looks like:

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Topics: business software, business management solutions, erp software

The Evolution of ERP Solutions: From In-House To Cloud-Hosted, Part 1

Posted by Brian Radford

Feb 25, 2015 9:00:00 AM

Enterprise software has gone through quite an evolution throughout its lifetime; the ERP solutions of today hardly seem to be of the same lineage as traditional versions.

Since their inception, ERP solutions have been traditionally hosted in-house. Businesses spend quite a bit of their budgets building an IT infrastructure and purchasing the equipment upfront to run the business management system as a whole.

On-premise ERP software is both a thing of the past and a thing of the present: Its technology is outdated, but it's still in use by many small and mid-sized businesses today. Let's investigate the components and typical structure of a traditional ERP system:


Hardware is one of the biggest costs plaguing setup of on-premise ERP software. You need to purchase expensive hardware and equipment – all of which is difficult and costly to maintain.

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Topics: cloud ERP, business management solutions, erp software

4 Important Trends Microsoft Dynamics Users Should Know

Posted by Michael MacDonald

Feb 24, 2015 1:00:00 PM

As technologies continue to advance exponentially, savvy business owners, executives and decision-makers must begin to look toward the future and recognize emerging trends before they become mainstream. Your strategic planning process starts with your business management system, and those using the powerful Microsoft Dynamics suite should keep a keen eye on a few important trends:

#1 - The Internet Of Things

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Topics: cloud ERP, Microsoft Dynamics GP, business management solutions