ERP

Understanding FASB Standards for Cloud Accounting / ERP

By | 2017-06-21T18:25:55+00:00 June 21st, 2017|Cloud, ERP, ERP Clarity, FAQ, Financial Planning, White Paper|

Capitalize on FASB Updates Make sense of the accounting and cost management changes for cloud-based systems. Get Your eBook Now Your privacy is important to us. We'll never send spam or resell your information.  Topics Covered in This eBook Understand the current definition of the update. Learn how these updates might change your current approach. Based on this change, cloud providers are impacted too. About the Author Mike Kean Mike Kean is a partner for the firm’s technology practice with more than 25 years serving clients nationally and in the northeast region. Early in his career as a CPA, he focused on auditing manufacturing and wholesale distribution firms. Mike spent the first 10 years of [...]

7 Game-changing Cloud Trends for Small to Mid-Size Businesses

By | 2017-07-10T16:39:51+00:00 June 5th, 2017|Cloud, Dynamics 365, ERP, ERP Clarity, ERP Security|

Business management merely ten years ago is nigh unrecognizable compared to how we do business today. For starters, mobile devices alone have changed how we interact with customers and manage operations. But with the rise of cloud-based applications, businesses are playing an entirely new game. These changes are not fads, they are most definitely trends. Many of these trends can significantly impact your business successes. Microsoft identified seven of these trends as truly game-changers for small to mid-size businesses. Is your business ready to adopt these trends and give your company an additional competitive advantage? Keeping pace with a mobile workforce. Having access anywhere to relevant business data (inventory, account status, purchase history) is the new normal. Your customers don't demand it; they expect it. IT moves to the background. Businesses no longer have to make decisions based upon current technology in [...]

How the Cloud Levels the Playing Field for Small and Mid-Size Businesses

By | 2017-07-10T16:40:11+00:00 June 5th, 2017|Cloud, CRM, Dynamics 365, ERP, ERP Clarity, ERP Security, Office 365|

Taking your business 100% mobile is no longer a dream for the future. Businesses today require mobility to be successful. Mobile devices are not simply part of our everyday personal lives; they do nearly everything a desktop or laptop can do, all in the palms of our hands. Startup and growing businesses need mobility now more than ever to compete with bigger, older companies, give workers the tools they need, and most importantly, better connect with customers. Mobility doesn't mean that the company allows its employees to bring mobile devices to the workplace. Companies need a mobility strategy to connect employees, data, and business systems in a way that pushes sales growth, reduces costs, keeps customers happy, and outpaces the competition. Fundamentals of a Winning Mobile Solution Small and mid-size businesses have better access to mobile solutions than ever [...]

Transforming Relationships with Customers, Trading Partners, and Competitors in the Context of Industry 4.0

By | 2017-06-20T19:48:24+00:00 May 18th, 2017|Azure, Chemical Manufacturing, Dynamics 365, ERP, Industry 4.0, Manufacturing, Process Manufacturing|

When you take your Industry 4.0 initiative to customer relationships and the product portfolio that you offer, you benefit from your sharpened focus on customer value and the insights gleaned in your proof-of-concept project. Until Industry 4.0 becomes the de facto standard in the specialty chemicals industry, you can enjoy the distinction of digital leadership. That gives you a unique position to launch product and service innovations that rely on the strategic, connected use of digital technology. Own digital leadership The transition from an internal focus of Industry 4.0 to turning the spotlight to customer relationships can be gradual. The operations of many production companies in the specialty chemicals industry are similar to their customers’, and there will often be significant commonalities in the challenges businesses need to address. If, for instance, you successfully use live data from the internet of [...]

Preparing Your Specialty Chemical Manufacturing Operation to Benefit from Industry 4.0

By | 2017-06-20T19:48:37+00:00 May 18th, 2017|Chemical Manufacturing, ERP, Industry 4.0, Manufacturing, Process Manufacturing|

For specialty chemical manufacturers, Industry 4.0 offers the promise of wide-ranging enablement more than a disruption of their business. In bridging digital systems and physical entities and processes, they can find new ways to create value for customers, become more competitive by launching digitized products and services, and optimize their processes and operations. Most specialty chemical manufacturers already own at least some of the building blocks that make an Industry 4.0 initiative feasible. They typically rely on ERP systems to manage their operations, run complex production machinery with at least some digitized controls, and use business insight and analytical tools to better understand their markets and take control of their supply chains. A practice, not a product Technology vendors and analysts sometimes claim that a certain product or practice is transformative and gets companies moving toward Industry 4.0. Many newer [...]

Dynamics 365’s Digital Landscape Offers New Ways to Move Your Business Forward

By | 2017-05-17T17:16:31+00:00 May 9th, 2017|Cloud, CRM, Dynamics 365, ERP, Office 365|

No matter the industry, companies within are looking for ways to better improve their relationships with their customers, whether it's from reshoring or simply updating their business systems to better serve their customers. Many of these companies already have a type of CRM or ERP software system in place, but these are often older systems that are siloed, overly complex, and quite outdated. To free businesses from these constraints, Microsoft developed Dynamics 365 to connect companies to all parts of their operations seamlessly via the cloud. Since this system does operate through the cloud, businesses can start with as little as they need for operations and grow as the business grows. Microsoft reports that since they rolled out Dynamics 365 in July 2016, they've had HP, AccuWeather, Ecolab, Helsana, and the Renault Sports Formula One Team "transform their businesses" with Dynamics 365. Of [...]

Scalable Cloud Analytics Bring Wide-Ranging Insight to Your Reshoring Initiative

By | 2017-05-09T16:52:51+00:00 May 9th, 2017|Azure, Business Intelligence, Cloud, CRM, Dynamics 365, ERP, ERP Clarity, Office 365, Power BI, Reshoring|

Globalized industry conditions affect manufacturers in multiple ways. Emerging competitors from almost anywhere can rapidly enter your market and go after your customers. A complex, cross-border supply chain network of existing and potential trading partners may offer better economies than doing business with companies in your region alone, but you may need to take some extra steps to ensure that deliveries happen on time and the quality of the goods meets your standards. On the other hand, even after you reshore operations to be closer to customers in North America, you might still position at least a subset of your product portfolio to an international audience. Strategic initiatives require intelligence Reshoring may intensify the already demanding requirements for manufacturing intelligence, because you undertake a business-critical project that may be unique in the life of your company. At the same time, [...]

Modern, Mobile ERP in the Cloud Helps You Build a Workforce That Aligns With Your Goals

By | 2017-05-09T16:50:19+00:00 May 9th, 2017|Cloud, Dynamics 365, ERP, Manufacturing, Reshoring|

Many reshoring manufacturers have ambitious goals for their transition. For them, it’s not primarily about saving costs or simplifying logistics and compliance processes. They want to get closer to their customers through greater responsiveness and direct collaboration. They aim to profit from fast-moving, high-value innovation. An educated, motivated workforce is essential in achieving these goals. For some manufacturers, that will mean learning how to attract and retain the best people. In many offshore locations, economic necessity and the relative scarceness of good jobs may make it easy to recruit outstanding professionals. In the reshore operation, that may be more of a challenge. The people you want expect you to provide contemporary technology to help them succeed Mid-career professionals as well as younger workers will expect you to provide a professional work environment that helps them grow in their careers and [...]

You Can Create a Better Customer Experience When Reshoring Builds on Cloud-based ERP and CRM

By | 2017-05-09T16:50:24+00:00 May 9th, 2017|Cloud, CRM, Dynamics 365, ERP, Office 365, Reshoring|

In North America and Western Europe, many companies have reshored call centers, support functions, and inside sales operations because the customer experience was abysmal. Operators in the offshore locations often did not understand the mentality of demanding customers and may have lacked the training and product knowledge that would have made them more effective. Offshoring savings in terms of labor costs translated into expenses when customers left or broadcast negative reviews on social media, or when managers had to commit to expensive next-day shipping or other remedies to retain a dissatisfied customer. Reshoring manufacturers have rarely made those kinds of experiences. Most of them long ago worked out any kinks and inefficiencies in their supply chains and logistics to meet customer expectations. As long as offshore operations could be held to clearly defined product specifications and measurable quality standards, they [...]

Cloud-based ERP Makes the Lives of Reshoring Manufacturers Easier

By | 2017-05-16T19:36:25+00:00 May 2nd, 2017|ERP, Industrial Equipment Manufacturing, Manufacturing, Reshoring|

When manufacturers think about reshoring operations to North America from an offshore location in another region, business management technology may not always be treated with the priority it deserves. In addition, some manufacturers do not give enough strategic consideration to reshoring and its opportunities for creating a leaner, more customer-centric, more innovative business. As a consequence, companies may replicate the technical environment, workflows, and processes of the offshore operation in their reshoring initiative, including inefficiencies and bottlenecks. Avoiding high technology costs and process inefficiencies in reshoring One outcome of poor reshoring planning is high spending on software solutions and hardware systems, with uncertain results. Companies implement complex, expensive ERP and other systems at the same time as reshoring is underway, bringing disruption to an already challenging undertaking. Traditional ERP deployments that are concurrent with reshoring projects have a high likelihood [...]

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