Tag: ERP

What To Do When You’ve Outgrown Myob Accounting Software

Entry-level software such as MYOB and Quickbooks has done wonders for small businesses. These small business accounting systems let small business perform quickly what was previously a full time bookkeeping and accounting role.

While they are great for start-ups and very small businesses, companies that want to move to the next level must have software in place to support, not hinder, intended growth. They need software that is for more than just accounting. Growing businesses need software that enables enterprise resource planning (ERP).

So what is ERP? ERP is a business management system that integrates most functions of a business, including quoting, planning, manufacturing, service, sales and marketing. It also covers activities like stock control, order tracking, customer service, finance and staff.

Large organisations use ERP systems to manage every aspect of their businesses. But ERP is not just for the big guys! Growing businesses can reap huge rewards from using an ERP system that has been specifically designed for businesses that have outgrown MYOB & Quickbooks.

Five important facts about an ERP system:

Affordable small business softwareSaves you money on administration ERP ties together all facets of your business Provides proper “Big Business” reporting – essential for any size business At the risk of using a cliche..”if you can’t measure it, you can’t manage it”.Is flexible and will grow with you

Business growth is one of the many reasons SMBs break free from the limitations imposed by basic accounting software and seek out a more sophisticated ERP system to manage almost every aspect of their business.

As a business grows and you start adding staff, entry-level accounting systems start to slow down and lose performance. Data corruption also becomes a concern as multiple people start trying to access the same record at the same time. Larger enterprises often opt for SAP – an ERP solution that is often too expensive and complex for SMBs.

An ideal solution for businesses that have outgrown MYOB but are too small for SAP is ERP software tailored specifically to small businesses. Look for systems:
designed with the needs of a growing SMB in minda quality system framework, anda front-end interface to manage business workflow and processes.

This is a substantial move from running small to medium-sized businesses via standard accounting software.

An ERP system can add value to a business by:

providing quick access to all files and records adding security levels on data for better safekeeping enabling multiple access to the same file without corruption of data time and date stamping every entry so you know who did what, and when not slowing down as you add more users, customers and suppliers letting you create rules that suit your particular business.

Flexibility is another huge advantage of an ERP system. As you change a process or procedure in your business, you can change your ERP system’s workflow rules to match your company policy.

Let’s look an typical small business that is benefiting from using ERP. The company is a large copier dealer specialising in digital document production and management technologies. It was similar to many other copier dealers in that it was looking for a single piece of software to manage a large number of clients under contract.

The software had to have a strong accounting back end, copier-specific reports, as well as an interface and functionality suited to a copier dealer. An out-of-date accounting system, combined with multiple spreadsheets and inadequate reporting were just not cutting it for this business.

The business deployed a small business ERP solution and found that it met all its needs. The company experienced immediate benefits from implementing an ERP system specifically designed for SMBs.

For business that have outgrown MYOB & Quickbooks and don’t have an unlimited budget for SAP, look around and evaluate, there may well be a tailored system made specifically to fit neatly into your growing business.

Microsoft Dynamics AX An Outstanding Business Management Solution

Today’s business management solutions provide an insight view to the business organizations. Microsoft dynamics AX is one such software solution that helps organizations in automating their ERP system.

Businesses are crossing every border these days to grow in their field. Global markets are developing quite rapidly with right kind of business management solutions. Such solutions help organizations in obtaining efficient and quick working environment. The aim of every business is to meet the challenges of global markets. Meeting these challenges require advanced business solutions. Microsoft has developed various business solutions under dynamics family. The two fields of business that are ERP and CRM are focused in this family. CRM, customer relationship management and ERP, enterprise resource planning are the two areas that define success of business. Customer is the main source of business for every organization therefore; a proper customer management portal is required for every organization. This raises the requirement of certain CRM solution. In the same way, effective management of business requires well developed ERP system. This system helps in integrating internal as well as external business information. This information is shared across the organization and at the same time used to develop the outer business connections. The software solution developed by Microsoft helps in managing the ERP system automatically. The CRM solution developed by Microsoft is known as Microsoft dynamics CRM. This software solution helps in managing present, past, and future customers of an organization. This solution helps in organizing and automating various business processes thereby reducing the costs and increasing profit margins of an organization. Due to the automation of processes, various business tasks can be performed quickly and with errors. This helps businesses in obtaining customer satisfaction. CRM solutions also help employees in efficiently dealing with the customers of an organization. This software solution basically focuses on the sales, marketing, and services field. This system provides organizations with an insight in their businesses. A number of strategic efforts can be made by the employees of an organization to provide their customers with effective solutions. Other than CRM, ERP software solution provided by Microsoft also helps organizations in developing their businesses. The Microsoft dynamics AX is an ERP software solution that provides comprehensive set of ERP solutions for financial, human resources, supply chain fields of an organization. This is easy to use software with a wide range of industry specific solutions. This is a business management solution that is adaptable in nature. This software solution also helps organizations in manage business globally. Organizations can work efficiently by taking right decisions for the growth of the business.

Author is a Microsoft dynamics CRM development expert. This software solution can be really helpful for the growth of businesses.

Benefits Of Integrated Gym Management Software

Integrated software solutions have relatively long history but only a small number of software vendors provide integrated solutions in the segment of gym management software, limiting the selection of valuable integrated modules to a handful of choices. Thus, even large corporations still utilize different software applications to deal with day-to-day business activities, failing to realize the benefits of integrated software or unwilling to implement integrated solutions that reduce overall business costs and improve inter-departmental communication and efficiency as a whole.

Modern-day integrated modules are capable to deal with various aspects of running a successful gym business, including accounting and billing, marketing, sales, and relationships with current and prospective customers. An integrated solution can also feature social networking capabilities that complement their built-in functionality aimed design of efficient and targeted marketing strategies. Those integrated solutions, suitable for both large chains of fitness centers and single gyms, eliminate the need to install, run, and support numerous business software applications that deal with different business processes and procedures, which in turn results in unexpectedly high return on investment rate within a very reasonable period.

Initially, gym management systems have been designed with only core business processes in mind, before software vendors to start realizing that they can borrow from concepts of customer relationship management (CRM) and enterprise resource planning (ERP) systems and incorporate similar functionality into advanced fitness center management systems. Evidently, gym management applications have more limited functionality compared to sophisticated ERP systems, nevertheless integrated gym management solutions are capable to deal with complex tasks, providing advanced functionality at markedly lower prices. Therefore, integrated business software solutions are enjoying growing popularity among gym owners willing not only to modernize their gym management software but also to witness lucrative ROI rates.

Ease of use is considered a major advantage of all and every business software application and gym management software is not an exception from the rule. Thus, software vendors that offer rich in functionality integrated modules have started to pay more attention to user friendliness and development of easy to use and intuitive interface. Software companies experience fierce competition, therefore integrated solutions in the sphere of gym management now feature rich functionality and carefully designed interface, securing competitive advantages to both customers and software vendors although in different ways.

The price of software for management of fitness centers is essential when owners have to decide whether to invest in new software while it is much harder to evaluate the indirect benefits from gym management system implementation. An integrated gym management solution reduces overall business costs through introduction of functionality usually covered by various business applications such as accounting, scheduling, or marketing software. Furthermore, payroll costs can be lowered because of the high level of automation as well as advanced functionality, like sales force automation (SFA), provided by integrated software. Overall, gyms are allowed to save money on numerous business applications or spreadsheet solutions by implementing an affordable integrated solution that provides functionality covering the full scope of business procedures and all processes involved.

Gym management solutions gradually evolved into fully-functional business management systems, featuring all the functionality required run a successful business in a highly competitive environment. In addition, worthwhile integrated solutions are even more affordable these days for many software vendors offer monthly payment schemes, instead of one-time license purchases, intended to reduce the average cost of investing in gym management software.

Take Your Business Brand At Top With Trade Promotion Management

Today, staying the same in high struggle marketplace for initial business is not an easy. Owning a firm has always worried about management and trading system. It has several significant issues like execution & management, formulating appropriate business map and budget plan. These are the universal problems that every business man often occurs. It is more significant to make good management plan for proper and smooth business run. It is great compulsory for every firm to have some great tools like advertisement promotion to take the business, brand and its product at the top. These systems are important for the success of any business, brand and its products.

These days, many firms are using one or more applications in managing their compound business promotion activity with the improvement and inspired of technology. This management is referred as trade Promotion management. Nowadays, many firms offer quality management application to ease business promotion that would be giving successful result. With the help of professional adviser this department maintains projected budgeting and gives flexible and great solutions according to your business need. Only a good management can help to improve business promotion performance with the help of well approach, technology and process. To stay remain in this cut-throat competition; it is necessary for every organization have to make good business management strategy.

Based on changing business need and analysis, trade management system offered you to crate great promotion graph for improving your business, brand and its products. There are several things to manage in right method to take your business at the top. This management system gives you importance and good result with good choice. It plays an important role to increase growth and the level of earning of organization. For achieving more return on your brand and products you should make sure advanced with the growing technology. Nowadays, several organizations offer you great quality of promotional services. You should make sure before appointing a business promotion organization its services, confidentiality, reliability and security.

These days, several web-based techniques with ERP solutions available that help you to improve and enhance your trade efficiency as your business need. Trade management system is a great application that helps you to use your skill and fund in proper approach. Your business may ruin if you do not have correct and on time information about the running market. Your business brand may spoil, if you do not have correct and on time information. A professional management team helps you to make great decision and supports your business promotion. Nowadays, no any business owner wish to spoil their business, all small organizations as well as big firms are using management software system to take their business, products and brand at the top level.