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How to Deal With Growth in your AP Department

Growing pains in accounts payable

Growth is great. It means more revenue, more employees, and more
opportunities. However, along with growth come growing pains. A typical growing
pain for most companies is having to switch accounting systems to keep up with
the additional volume of invoices and complexities of your business. But how do you deal with growth in your AP department?

 Changing something that is at the core of your company’s operations is definitely not a small order, which is why our solutions are designed to grow with you. Since our solutions are SaaS-based, we can accommodate for large increases in invoice volume and payments. Also, as your company grows we realize that there will be more people that need to be involved in your accounts payable process and more locations where you will operate. Our solutions are designed to meet the needs of multiple approvers, and since you will have taken the paper out of your process, it doesn’t matter how many locations you have because you will have 24/7 access to your information from anywhere at anytime. So, you can switch to automated accounts payable processes without having to ditch your accounting system.

7 Ways Procurement and Forecasting Software Optimize Inventory Levels

forecasting software

Managing inventory effectively is the most critical job for the success of any distribution and manufacturing company. So how can procurement and forecasting software help better manage your largest and most costly asset - your inventory? Managing inventory is often a challenge but implementing procurement and forecasting software helps to reduce inventory carrying cost and increase margins. As warehouse management software (WMS) consultants we have countless examples how our clients significantly increase profitability through improved inventory management. In fact, when your inventory levels are optimized, your bottom line is impacted often much faster than by increasing marketing and sales efforts. So why not do both?

iCepts Technology Group offers a new series of tools in Advanced Forecasting and Procurement, for Microsoft Dynamics NAV, that can help distributors and manufacturers more accurately forecast inventory resulting in lower inventory levels, lower carrying costs, and less demand on credit lines.

7 Ways Procurement and Forecasting Software Optimize Inventory Levels

Advanced Forecasting and Procurement for Microsoft Dynamics NAV helps you:

What Makes a Good EDI Provider?

EDI Provider

Picture appears courtesy of Duncan Hull.  I posted this question recently and got a few responses.  I am unable to provide direct quotes, as everyone wanted to remain anonymous.  Names have been changed to protect identities. The question was, "What makes a good EDI provider?"  The answers were not surprising.  Hearing from the horse's mouth what our prospective and current customers want will certainly help us to tailor our services to those wish lists.

Supply Chain Management as a Service to Grow

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As manufacturing and other industrial operations in the U.S. are bolstered by low domestic energy costs and increasing labor costs in underdeveloped markets, expect to see supply chain as service revenues grow as memories of the recession are still fresh and organizations look to decrease capital expenditures, doing more with less across all processes.

3 Sage BusinesWorks Migration Options: Protect Your Investment

Sage BusinessWorks migration options

Like many Sage customers, you may have purchased Sage BusinessWorks in the past and are considering BusinessWorks migration options. If your business is experiencing growth or requires more functionality, this is a great time to leverage your Sage investment by taking advantage of the Sage Investment Protection program. The Investment Protection program allows you to benefit from your initial Sage “family” investment with significant upgrade credits. As  your business grows, your needs may change and if BusinessWorks doesn’t provide you with the latest technological advances you need, you can easily trade it in and receive a credit from Sage to upgrade to a new ERP system (including Sage 100 ERP – formerly MAS90) or Sage X3 ERP. For your reference, we have listed 3 Sage BusinessWorks migration options outlined below.

Within the Sage Investment Protection program you have three options: buy now and implement another Sage solution, buy now and implement later, or buy later and implement later.

3 BusinessWorks Migration Options Available:

1) Purchase and implement another Sage solution

Through Sage’s investment protection plans there are incentives to protect your Sage investment now.

Sage 100 ERP Consultant Tip: How to Setup AP Expense Distribution Tables

Sage 100 ERP Consultant Accounts Payable I

As Sage 100 ERP consultants, resellers and solution providers we get a lot of questions from our clients on how to use Sage 100 ERP (formerly MAS 90 and MAS 200) more efficiently. In this blog we will cover a popular question we get on how to enable and setup Accounts Payable Expense Distribution Tables. Using Sage 100 ERP Accounts Payable Distribution Tables will speed up invoice data entry and efficiently allocate expenses.

Cloud Accounting Software Adoption: 4 Lessons from Jurassic Park

cloud financial software Arxis

Cloud accounting software didn't exist in the 1990s, but there are lessons to be learned that go back as far as the dinosaur age. If you worked through the 1990s, it’s hard to imagine how we lived without all the modern conveniences we now have with mobile technology. How did we ever live without smart phones, the internet, Google, and even cloud technology? The 1990s, however, did have one of the best action blockbuster movies which many would appreciate still today. "Jurassic Park" Is filled with more heart stopping, eye-popping suspense and amazing special effects than you can shake a fossilized stick at and it quickly caught on with audiences around the world. It’s still a movie classic to this day. After all, any time you can combine Jeff Goldblum, Samuel L. Jackson, Wayne Knight and dinosaurs into one film, you know you've got cinema gold on your hands.

ERP Implementations for Manufacturing: Cloud First, Mobile First

ERP implementations fo manufacturing

ERP implementations for manufacturing are finding the cloud first, mobile first world has created new opportunities to support complex manufacturing environments.  As the mobile world is driving change in semi-conductor and computer chip production machines are becoming more intelligent while the cloud enables the Internet of Things.

Microsoft Dynamics NAV Inventory Management: 4 Key Advantages

Microsoft Dynamics NAV inventory management

Microsoft Dynamics NAV inventory management is a proven ERP (Enterprise Resource Planning) solution for small to mid-sized companies, especially if you are a wholesale distribution or manufacturing company. Microsoft Dynamics NAV’s latest enhancement, NAV 2013, has many new features for better inventory management. We will highlight some of the inventory management features in part 2 of this blog series. Most wholesale distribution and manufacturing companies are all looking for one big thing when considering moving to a modern ERP system: a way to better manage their Stock Keeping Units (SKU’s).

NAV 2013: The Ideal Warehouse Management Solution

WMS, Warehouse Management System

The supply chain in Microsoft Dynamics NAV 2013 extends into the warehouse. Through the ERP's warehouse management functionality, users can manage items down to BIN level.

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