When looking at ways to reduce expenses, one of the first categories businesses focus on is operational expenses. Operational expenses are incurred in carrying out an organization’s activities . These expenses can add up quickly and come in a variety of shapes and sizes . While some of the most common expenses are in the form of office rent, insurance and payroll , others are not so easily enumerated.
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No matter your industry, there are myriad opportunities to cut back on paper usage and increase the efficiency of your department and business. Integrated document management systems give users the capability to electronically capture and store documents, access files from mobile devices, streamline business processes using workflow, and automate file output—all of which leads to cost savings.
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Are you fed-up of seeing inactive Customers, Vendors, Items and GL accounts when entering transactions? What if you could hide those inactive items from Sage 300 ERP data entry / finder screens?
Did you know that you could hide all inactive Customers, Vendors, Items and GL Accounts, from Sage 300 ERP transaction entry screens?
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What have you heard about the Cloud? Have you considered moving to Cloud-based software after hearing about its many benefits? Recent talk regarding Cloud computing, its benefits and its impact on today’s businesses has many companies wondering if they should make the move from on-premises enterprise solutions to Cloud-based options. The attractive operational benefits, system flexibility, and promises of cost-savings lure in many prospects who want to improve business efficiency and streamline operations.
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When it comes to your customers, how knowledgeable are you about their behavior and its overall impact on your organization? Can you easily identify the most profitable customers? What about the most unprofitable customers?
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Those who have gone through the implementation of an enterprise resource planning (ERP) system know how complex, difficult, slow, and costly the process can be.
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What business technology trend are you most looking forward to this year? Do you have your eye on any business technology in particular, or are you waiting to see the trends in action before making any decisions?
For CFO's, controllers, and other accountant types, all in one solutions versus best of breed software is a well-established and long-running debate. Organizations are left to wonder whether they would be most successful choosing an all in one integrated solution from a single vendor, or using a combination of best-in-class products from several software vendors.
With Intacct, the choice is clear – gone are the days where an organization is able to meet all of their needs with one single software publisher. Intacct’s best of breed philosophy allows for easy integration, freedom of choice, and increased effectiveness.
The difficulty in using an all in one integrated solution arise when individual applications and module with the integrated solution do not contain sufficient features, not on par with competing best-of-breed applications, not fully integrated, with other applications in the suite, and do not offer consolidated reporting. Vendors are not typically good at focusing efforts in multiple areas and get stretched thin when required to manage multiple solutions of a all in one integrated solution. In addition, R&D money also gets spread thin across a wide range of priorities.
A major appeal with a best of breed approach is functionality and flexibility. Best of breed vendors provide significantly greater functionality, as well as easier deployments. These advantages can stem from a singular focus on a smaller set of features and the reliance of these vendors on customer success stories. As a result, best-in-class vendors often have a deeper understanding of their customer’s needs and pain points, and a dedication to guaranteeing a positive customer experience.
CPA.com recently published a whitepaper, “Match of the Century: Application Suites vs. Best-of-Breed Cloud,” discussing the pros and cons of all-in-one suites versus best-of-breed solutions. The content examines why the cloud has changed everything and gives best-of-breed solutions a compelling advantage over suites.