February 28th, 2012 | | Comments Off on The Transformational CFO: Integrative SaaS and the Power to Change
The leaders of Finance are more and more becoming leaders of their companies. By no means are CFOs, controllers, or VPs of Finance taking over corporate leadership en masse. But they are increasingly being charged with being a part of that leadership, strategically and tactically. Internally, Finance as a department or group is responsible for the most critical aspects of any firm. Externally, Finance is the face of the firm to regulators, lenders, partners and, in many cases, the public at large. In severe economic situations, Finance has the responsibility for establishing, managing, or restoring public trust in a firm.
Every business operates at a different level and grows at a different rate. Because each organization needs software to meet their financial tracking needs, QuickBooks offers a number of different packages with various options and amenities. Which one is right for you?
You know best what you need from your business if you are really going to take control of your finances and keep them organized and easily accessible. It’s important to take this assessment and use it to consider your needs before purchasing your accounting software.
February 28th, 2012 | | Comments Off on Top Tips for Selling the Right ERP Solution
In the business world, customers are faced with an overabundance of enterprise software choices. The selection of an enterprise resource planning (ERP) solution is a critical decision that could provide numerous benefits or be less than an optimal selection. As ERP sales professionals, it is our job to offer potential customers the expert guidance needed to ensure that the right ERP solution is determined and selected based on the client’s needs.
February 28th, 2012 | | Comments Off on Modifying and Maintaining ERP Systems: The High Cost of Business Disruption
Today’s enterprise resource planning (ERP) systems are challenged to provide the architectural agility necessary to support businesses in a high-change, global environment (e.g., to accommodate merger and acquisition [M&A] activity, new financial or regulatory requirements, organizational restructuring, or new business processes). A recent IDC survey shows that the negative impact of business disruptions attached to ERP modifications is simply too high: a 20.9% decline in stock price, a 14.3% revenue loss due to delayed product launches, and a 16.6% decline in customer satisfaction.
February 27th, 2012 | | Comments Off on VAI: Smith Drug Company
By implementing VAI’s S2K for Distribution, Smith Drug Company enhanced existing, and acquired new and valuable technological capabilities. Due to S2K’s user-friendly interface, employees can quickly create reports and retrieve customer and order information. As a result, calls to Smith Drug Company’s IT department dropped 75 to 80 percent, noted Isaac Rogers, Vice President of Operations. This allows personnel to make better use of time, focusing on exceptional customer service and accurate inventory management.
Smaller organizations have unique financial management needs. With online accounting software, they can enhance operations by streamlining and automating transaction processing and other critical financial activities.
With a number of software packages, management of customer account is not particularly simple. For a simple process, QuickBooks makes searching databases and finding customer information quick and easy, allowing the micromanagement of customer accounts among many account managers.
February 27th, 2012 | | Comments Off on What Is SQL and What Does It Have to Do with Accounting Software?
Entry level Accounting products such as MYOB and Quickbooks are great for businesses of a certain size – and up to a point. When a business is growing, adding employees, increasing the number of transactions they process and is becoming more complex, it needs a more robust business system.
February 27th, 2012 | | Comments Off on What to Do When You’ve Outgrown MYOB
Entry-level software such as MYOB and Quickbooks has done wonders for small businesses. These small business accounting systems let SMBs perform quickly what was previously a full time bookkeeping and accounting role. While they are great for start-ups and very small businesses, companies that want to move to the next level must have software in place to support, not hinder, intended growth.
