White Papers

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Modern Finance In The Digital Age: Plan and Predict Best Practices

The “3rd platform” continues to be a driving force of change within the global business economy and investors are increasingly more interested in businesses that can leverage big data. For the financial well-being of a company, implementing best practices for planning and prediction based on big data is crucial.

All aspects of business must keep pace and respond to changing forecasts and markets, creating value with the use of digital technologies. In developing uniformity of high-quality... Read More

Modern Finance in the Digital Age: Measure and Respond Best Practices

Leveraging big data and social media is crucial not only in order for businesses to remain relevant and competitive in today’s global marketplace, but also in order to develop and maintain a new successful business model capable of responding quickly to market behaviors. Businesses need to respond to these powerful and important sources of data found within the “third platform” of online social interaction, cloud technology, mobility of customers, and information sharing. This digital data, combined... Read More

Differentiate and Grow with Profitability Insights

While digital data can provide information that can be important to profitability margins, it can also easily surpass the capacity of your current analytic tools due to the sheer volume now available to businesses. Current analytical systems may not be able to deal with the vast amounts of data now available, compromising resource allocation. New cloud-based enterprise resource planning (ERP) tools are easy to upgrade and deal with large volumes of data effectively, allowing analytical tools to... Read More

Is an ERP Cloud Solution on Your Horizon: Five Signs You Are Ready to Make the Move

Globally expanding businesses have new needs and must face the challenges and demands of international markets. This is especially important for midsize companies, which require the ability to rapidly adapt to new markets. As businesses expand to international markets, accounting operations and systems must provide support for complex growth in international transactions. These demands mean changes or even replacements to entry-level based accounting systems, along with constant upgrades as needs... Read More

Real-Time Versus "Right-Time" Decision Making: A New Competitive Advantage

In this day and age, the ability for a company to utilize information quickly and effectively is more important than ever before. But faster access to increasingly large amounts of data doesn’t always mean that good real-time decisions are being made.

Finance has to be involved in the selection and use of new analytic tools which rapidly define and filter data from a variety of sources. Selecting and sorting information into what’s vital to decision making and what isn’t allows for better... Read More

Using ERP for Process Manufacturing Quality Management

  • Source: IFS
  • Written By:
  • Published:
Today, process manufacturing executives need to think about more than core batch and recipe management capabilities when considering software solutions like enterprise resource planning (ERP). Due to both regulatory and market factors, quality management and documentation of the quality and content of goods produced is essential. Advancing environmental awareness and the ability to handle recalls both factor into this increased focus on quality.

Customers have high expectations of manufacturers... Read More

From VAR to Solution Provider: Five Strategies for Business Transformation

The traditional value-added reseller (VAR) business—comprised of companies that add features or services to an existing product and then resell it as an integrated product or complete solution—has become more challenging, with declining product margins, increasing competition, and lower-cost alternatives to proprietary products. The pressures are causing many VARs to grow their businesses from simply selling products to offering more comprehensive solutions built on a richer set of services and... Read More

Understanding the Challenges of Business Intelligence: What You Should Know Before Deploying a BI Solution

To attain, sustain, and further their competitive standing in a dynamic marketplace, companies need to be agile and responsive in the face of market conditions. Business intelligence (BI) can help executives make better decisions with reliable and timely information.

BI refers to a set of methodologies, processes, and technologies that transform raw transactional data into meaningful and useful information easily accessed and explored by business users. For most companies, information... Read More

The Top Challenges Facing Manufacturers in Construction-driven Markets

The construction market is a key driver of the economy, both global and domestic. The Great Recession of the last decade had a tremendous effect on construction activity, which in turn severely impacted several economic sectors, including manufacturing. But over the last few years, construction has begun to rebound, and so has manufacturing.

While the demand for construction is rising, manufacturers whose products are driven by the construction market are facing particular challenges in... Read More

Leveraging CRM to Drive Trade Revenue

Consumer package goods (CPG) companies manage multiple complex distribution channels. Because the industry operates through intermediary channel players, out-of-the-box customer relationship management (CRM) solutions are typically inadequate. In fact, account and trade management teams could dispense with a CRM system’s traditional sales funnel capabilities. But the CRM system needs to be more than an expensive contact manager.

Account and trade management teams may benefit from trade... Read More
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