The Potency of Sage X3 ERP for Food Manufacturers
In food manufacturing, the concentration of an active ingredient is defined as its potency and is usually expressed as a percentage of a batch. For example, a product with an active ingredient that has a potency of 75% indicates that…
NetSuite 2020 Release 2 Helps Fortify Warehouse and Ecommerce Operations for Wholesale Distributors
Warehouse operations is one of the key differentiators for wholesale distributors and, as many distributors suddenly find themselves with excess inventory, managing those goods will be more important than ever. Meanwhile, Bank of America expects Amazon Business to capture 10%…
Acumatica Outside Processing for Manufacturers
In the Acumatica Manufacturing Edition, one of the newer features is Outside Processing. This feature is extremely helpful for those manufacturing shops that do part of the manufacturing themselves but have outside vendors assist with other parts of the production….
2020 ERP Market Trends, Data and Analysis
An enterprise resource planning (ERP) system is the key to integrating different business functions across an organization. The widespread growth of ERP system adoption illustrates the importance of ERP to successful businesses. Why have ERP systems gained such popularity? Because…
How Your Company Can Tame the Tail Spend Beast
What Is Tail Spend? Is your company familiar with the concept of tail spend? Even if you’re not familiar with it, you have it. Simply put, “tail spend” refers to approximately 20% of non-core procurement transactions that are largely left…
Rebates 101: What is Rebate Management?
The rationale behind them is simple: rebates help drive interest in a manufacturer’s products and, if handled properly, can build brand loyalty. However, most rebate programs are structured in such a way that can take months for rebates to be…
Acumatica Quick Tip: Import Scenarios
Do you know that you can do more with Acumatica Import Scenarios than just imports? With Import Scenarios, you can execute many menu commands. Below is an Import Scenario that deletes a Sales Order with execution. Contact us if you…
Best Practices for Selecting an ERP System
ERP selection can be overwhelming, with so many options to consider around features, functionality, pricing, and hosting. To ensure the best outcome, consider these basic tenets during an ERP evaluation. DUE DILIGENCE All ERP vendors are not created equal. Some…
Revenue Recognition in Sage X3 V12 for ASC 606 and Beyond
There are various accounting standards that provide guidelines on how to handle everyday accounting interactions. One in particular – accounting standard codification 606 (ASC 606) – specifies how companies should recognize revenue from contracts with customers and provides a standard…
6 Signs It’s Time to Update Your IT infrastructure
No business wants to stagnate. But treat your IT infrastructure like an afterthought and you could be severely limiting your company’s potential. Let aging systems continue operating as is, and they could quickly turn into a business liability. Yet there…
Acumatica Reporting Tips Video: Financial Reporting Training
In this video we cover how to set up reports definitions in Acumatica Cloud ERP. This will allow you to modify report such as profit and loss, balance sheet, and more. Contact us if you have any questions or would…
How to Configure User Security in Acumatica Cloud ERP
In this video we cover how to configure user security in Acumatica Cloud ERP by looking into security preferences, Roles, Access History and much more. These setting allow you to choose how often an employee has to change their password…
New Time-Saving Feature Added to Sage X3 V12: Multi-Company Period Opening (TRTPERMC)
As the beginning of the year approaches, do you dread opening periods for each and every company? Do you shy away from only opening one month at a time because of the effort involved? It can be quite tedious and…
Acumatica Cloud ERP Platform Enhancements to the Management of the Automation Schedule History
For those who are using Automation Schedules in Acumatica Cloud ERP, you need to use the Automation Schedule History Screen in Acumatica 2020 R1, so you can view the history of the schedule executions, review any errors, and delete particular…
