Are You Losing Money with Inefficient Warehouse Operations?
Whether you’re a small distributor, a mid-size manufacturer or even a large retailer, warehouse optimization should be the top-most concern as no other area of the business can deliver greater gains in efficiency, accuracy, speed, customer service, and ultimately profitability….
Rebate Management: the “Secret” Ingredient for Driving Growth
Rebate programs are powerful tools for B2B companies in a broad swath of industries, particularly those where margins are tight and pricing strategies can make all the difference. When properly structured and implemented, they can establish market differentiators, create purchasing…
Acumatica Cloud ERP Training Video: Month End Processing
In this video we will cover how to perform month end processing inside Acumatica. We’ll look at closing each module such as banking, receivables etc. and what go over what are the best processes. Contact us if you have any…
How to Install and Manage Sage X3 Add-Ins in Microsoft Office
When you enable an add-in, it adds custom commands and new features to Microsoft Office programs that help increase your productivity. In this blog post, we’ll review how to install the Sage X3 Add-In for MS Excel and what to…
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…
