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Successful ERP Strategy for Reducing Commodity Trading Risk

If the outcome of the UK referendum is any indication, there remains significant uncertainty in the global economy. Today, businesses face risk that stems from many origins: everything from political change, climate related factors such as draught in East and Southern Africa, and the Zika virus in Latin America. Recent forecasts reveal commodity price uncertainty […]

Categories: ERP for distribution, ERP for manufacturing, ERP Functionality

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Pricing Options in Microsoft Dynamics AX

There are several different ways to enter pricing of a particular material in Microsoft Dynamics AX, depending on the client’s nature of business. In this blog post, I will list three options that are outside of a manufacturing environment and margin based pricing, along with their drawbacks and benefits. I will demonstrate through a purchasing […]

Categories: ERP Functionality, Microsoft Dynamics ERP Solutions

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Custom Products, One-Off Purchases in Microsoft Dynamics AX – Do You Really Need a Separate Item Number for Each?

A requirement that almost every client I have ever worked with has, but AX does not offer an actual menu item for, is handling one off purchases, custom products they might acquire for a customer’s request. These are items that need to be on inventory, as they might be listed on BoMs, consumed into production […]

Categories: ERP Functionality, ERP Software Implementation Tips

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Survey Of Financial Executives Offers Insight Into ERP Implementations

CFO.com conducted a survey of 160 senior financial executives to gain insight on real world experiences with enterprise resource planning (ERP) implementations. These experts shared their stories with the intent of preventing other businesses from making similar mistakes. As discussed in “ERP: Lessons from the Field,” posted by Chris Schmidt on CFO.com, here are three […]

Categories: Business Intelligence, Choosing an ERP VAR/Partner, Cloud Based ERP, Compare ERP Software Packages, Cost of ERP Software, Epicor ERP Solutions, ERP Functionality, ERP Software Implementation Tips, ERP Software Information, ERP Software Selection Tips, Financial management

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Don’t Wait Too Long To Let Go Of Legacy Management Systems

Years ago, many businesses invested heavily in creating customized business management systems that addressed specific business situations. These legacy management systems were necessary for capturing the data that businesses needed to manage day-to-day operations. Unfortunately, these rigid systems can’t grow and change as your business grows and changes. Don’t wait to replace burdensome outdated systems […]

Categories: Business Intelligence, Choosing an ERP VAR/Partner, Compare ERP Software Packages, Epicor ERP Solutions, ERP Functionality, ERP Software Information, ERP Software Research, ERP Software Selection Tips, Financial management

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There’s Work, Then There’s Busy Work – There Is A Difference

You may be surprised to learn that according to a recent survey, employees indicate that they only spend about 45% of their work day on primary job tasks. Consider that you’ve hired specific people to perform tasks that captures their expertise and talents and puts them to good use toward satisfying customers and driving growth. […]

Categories: Business Intelligence, Epicor ERP Solutions, ERP Functionality, ERP Software Information, Financial management

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Streamline Complex Operations With The Right ERP Solution

A growing business often leads to growing complications – new business operations, more employees, demanding customers, and an increase in transactions that are difficult to manage efficiently with entry-level or inadequate business software.  Streamline these complex changes by replacing inadequate technology with a stronger enterprise resource planning (ERP) solution. New businesses often deploy entry-level solutions […]

Categories: Choosing an ERP VAR/Partner, Epicor ERP Solutions, ERP Functionality, ERP Software Implementation Tips, ERP Software Information, ERP Software Research, ERP Software Selection Tips, ERP Software Upgrade

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Are You Getting Paid On Time?

Sure your customers are paying, but are your receivables coming in faster than your payables? If you aren’t able to closely track accounts receivable or payables in real-time, then it may be time for a new business management solution. Like any other business, you gladly accept cash payments and likely also offer terms for your […]

Categories: Business Intelligence, Cost of ERP Software, Epicor ERP Solutions, ERP Functionality, ERP Software Information, Financial management

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Tired Of Waiting For Month-End Figures? Upgrade To Epicor ERP

Tapping the desk waiting for the month-end financial reports to appear on your desk?  The sooner you can analyze your financial data, the sooner you can make the prudent business decisions that drive growth and profits.  Stop waiting for numbers to appear.  Implement a better business management solution and monitor the real-time data you need, […]

Categories: Choosing an ERP VAR/Partner, Cloud Based ERP, Epicor ERP Solutions, ERP for distribution, ERP for manufacturing, ERP for sales process, ERP Functionality, ERP in the Cloud, ERP Software Implementation Tips, ERP Software Information, ERP Software Research, ERP Software Selection Tips, ERP Software Upgrade, Financial management, inventory control, Supply chain management (SCM)

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Optimism Leads To Confidence Which Can Lead To Positive Business Outlook

In “NAM Survey Shows High Level of Business Optimism,” an article posted on MDM.com, a recent survey of manufacturers revealed high levels of optimism with their company’s outlook.  American manufacturers are making higher volumes of high quality products more than ever before.  This upward trend can lead to new jobs and business growth.  However, concerns […]

Categories: Epicor ERP Solutions, ERP for distribution, ERP for manufacturing, ERP Functionality, Financial management, inventory control

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