Have a look at some of the ERP Blog posts we have published about accounting and ERP software in South Africa and globally. This is where we share news, tips, and useful insights that could change your business for the good.
Could you imagine doing groceries without a shopping list? You might miss a few items, and it's a lot harder to track whether you have everything you need. A bill of materials is like your recipe and
The world can no longer afford to carry any more waste. Ecofriendly is no longer just a buzzword but a moral obligation. Regardless of the industry you serve, a serial number and lot tracking system t
Not all distribution management systems are made equal. At face value, it may seem like most distribution management systems are the same. However, it's not about what the system can do, but rather ab
Job costing & process costing. What is the difference? Four elements differentiate the two. The uniqueness of the product, the size of the job, record keeping, and customer billing. Confused? In this
Nobody enjoys doing the same thing over and over again. Not only is it boring, but it also wastes too much time. There are two key benefits of automating routine manual processes. Firstly, you free up
Forecasts. Using insights from what happened yesterday to make predictions that guide the decisions made for tomorrow. The quality of those decisions is dependent on the quality of the data you rely o
It makes no difference whether you call it stock or inventory. However, it is key to understand the different types of stock/inventory. As well as the difference between inventory management and inven
So, you've had the feeling that you may have outgrown your current accounting system and are looking to change to a more capable solution? Whether it's due to the need to track multiple business units
What do you spend most of your time doing? Compiling your reports or interrogating them? Without the correct systems in place, you might find yourself working in your business instead of working on yo
A call comes in from a prospective customer who then speaks to your sales staff about a promotion they saw. The sales team loads the customer onto a CRM system. When it's time to send a quote, they th
How is your business keeping up with the "new normal"? Between the need for systems that allow your team to work remotely and shifting business models, collaboration lies at the heart of improving you
Several common financial management challenges are overcome through Enterprise Resource Planning systems. A solution that offers a full range of accounting functions like general ledger, accounts paya
The first step to creating and managing a robust fixed assets register is by investing in a complete fixed asset management system. By eliminating manually managed spreadsheets, you reduce the risk of
For businesses to survive in the modern digital ecosystem, customer-centricity is crucial. Nothing weighs down your customer service more than order processes that take too long for the increasingly i
Do you spend a lot of time compiling and formatting reports? Retrospective reports are for damage control. The purpose of reporting is to allow you to make smarter, more proactive decisions. This requ
How does your month-end close look? Do you find yourself scrambling to balance the books at the last minute while trying to compile timesheets, assess the progress of projects, and issue invoices manu
Getting things done is great. But, getting things done in a manner that your customers, staff, and management will enjoy is priceless. By prioritizing return on experience (ROX), you can eliminate def
Transportation and logistics have always been the backbone of many businesses, regardless of the industry within which you operate. Whether it's transporting inventory to and from your warehouses or m
Every rand you save through your purchasing system goes directly to your company's bottom line. Through accurate demand forecasting, better supplier discounts, and group-level purchasing, ERP software
One of the first systems many small businesses invest in is accounting software. We generally start off conducting other operational tasks such as inventory management and customer relations manually.
Optimizing your cash flow allows you to eliminate late payment issues, decreasing margins, and taking on loans to cover monthly expenses. A cash management system empowers you with a complete understa
The quicker you convert the inventory in your warehouse into accessible cash, the better. Optimizing inventory enables you to improve your inventory turnover without compromising stock availability. I
Cut out the guesswork and avoid the risk of turning customers back due to stock-outs. As a modern supply chain professional, it is crucial to leverage the power of digital tools to guide you in creati
Is your business operating at its highest potential? ERP software offers the ability to combine historical and current data to bring forward a clear picture of your organization's financial health, pr
A key indicator of how well your company's operations are performing is the Return on Assets(ROA). In delivering consistent profitability, it is crucial to track your ROA and continuously strive to im
What is a business without profit? The primary objective for businesses of any size is profitability. ERP solutions provide you with a full view of your business financials, allowing you to spot oppor
Getting that email from a customer requesting changes to the scope or direction of a project can be stressful. Many a time, change requests affect the project timeline and budget. Some changes may eve
As your business grows, so do your accounting requirements. It may be easy to realize that you have outgrown manually tracking your business' finances on Excel. It's a little harder to accept that you
Customers want what they want and are very specific about when they want it. Maintaining a balance between sporadic customer demand and the sometimes unpredictable supplier lead times is crucial. Some
There are numerous benefits to employing an integrated project accounting and ERP system. Here is how an integrated solution can save you time and improve your project results.
An integrated marketing solution allows you to seamlessly connect your financials and content management enabling collaboration between your sales, marketing, and support teams. Furthermore, you can e
Business continuity can be a simple as the ability to create invoices on your phone while your daughter uses your laptop to complete her e-learning lessons from home
Spreadsheets have played a vital role in the world of financial management. However, dashboards are the way of the future. You need not be spending so much time compiling data when you could have acce
No matter which industry you serve, there are a few fundamental phases of business that we all have to experience. At first, you might do everything yourself, but we all hope our businesses grow, and
Think beyond the catchy slogans on your company profile. Take it a step further than the vision and mission that you cited on your business plans. Many a time, our teams merely show up to get their jo
You have managed to push this far basing your business decision on intuition. Granted, you are seasoned and highly experienced in your field of business. However, nobody can guarantee what tomorrow ho
It doesn’t make sense to continue spending hours compiling data when you could automate that process and use the time you’ve saved to interrogate the data instead. Many Financial Managers are married
The software your company uses is a direct reflection of your business philosophy. Giving your team the best available tools required to accomplish their tasks seamlessly and collaboratively is vital
Your goals may remain constant, but customer expectations are forever increasing. Integrated Business Solutions can help small and medium enterprises (SMEs) attract new customers, keep existing custom
The decisions we make today impact where we will be tomorrow. For many years business leaders have been traveling with their engine light on and avoiding the ever-increasing pace towards a more digita
Want to compete for new business with accurate estimates driven by complete cost visibility? Reduce workforce time inefficiencies and improve your accuracy? Maintain a constant view of planned vs actu
Let’s take the OMG out of choosing between having a standalone WMS or using an ERP solution with WMS functionality. Ever wondered what the difference is?
Many players in the manufacturing industry are exceptionally cost-sensitive and constantly strive to find new ways to optimize the cost and performance of their assets. We all know that product pricin
In a world where agility is a prerequisite for success, decision-makers need to understand that companies no longer compete with companies. In the new business ecosystem, your supply chain competes wi
If you think far back enough, you will realize how automation has been at the core of logistics since it’s inception. There was a time when the steam train revolutionized the industry. Today we take t
In the rapidly transforming manufacturing industry, the gap between the early adopters and laggards is widening by the day. Some longstanding processes and practices have withstood this ever-changing
We publish content related to accounting, fintech, ERP, and cloud solutions on a regular basis. Be sure to check in once in a while for any new posts. You can also subscribe to our monthly newsletter by filling in the form below. Follow our LinkedIn Page Here!
The ERP blog focuses on topics relating to implementing an ERP solution/ERP system/Enterprise Resource Planning software, streamlining the business process, how to achieve increased efficiencies, industry-specific software solutions, improving your reporting capability, reducing operational costs, and streamlining business operations.
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