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The 7 Irresistible Qualities of Cloud ERP
Learn why ERP tools are an critical component for many businesses.
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Learn why your company needs a business continuity plan.
Ransomware 101
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ERP for Distribution Companies
/in Blog, Distribution Industry, ERP Software /by Chris HigginsDistribution companies are eyeing the future with a bold, new outlook. Modern ERP solutions are beginning to change the way these businesses operate. Cutting-edge, cloud-based software is changing the game in the way distributors operate — in what is known as one of the world’s most pervasive and complex industries.
By implementing cloud-based ERP software, companies are better able to manage supply chain and logistic activities, which includes warehouse management, inventory management, and order management (sales and purchase orders), and integrate these activities with the company’s financials and sales.
ERP software that is built for wholesale distribution leaders, can help drive business due to improved customer satisfaction, reduction in order times, and cost control across the entire supply and distribution chain.
Insurance for Supply Chains
Today’s business environment is very much a global one with bigger audiences, and further-reaching vendors hitting previously untapped markets. There is great reward for companies that are able to reach worldwide, but with that comes substantive risk.
Half of all businesses experience more than one supply chain disruption per year, and almost 55% of such events cost more than $25 million; further, one-in-five costing over $500 million, according to the International Risk Management Institute.
Needless to say, there are not many companies that could shoulder such a hit — most would end up shutting doors and closing up shop indefinitely. What should a company do? The best bet is to try to circumvent such an occurrence from the offset.
Modern ERP software can help to prevent risky disruptions, keeping manufacturers armed with powerful analytics capabilities and data-driven insights that will help them to steer clear of trouble and costly mistakes.
Cross-Channel Visibility
Breaking down silos between work teams can prove beneficial to distribution companies; however, employees will need a data management system that can do the same. Bringing departments together connects partners, countries, cultures, and also currencies. Integrating software capabilities connects financial and operational matters in cross-border commerce with key metrics that can be viewed and digested via dashboards.
Transparency isn’t only beneficial to those working for the business, but also for customers and partners, as well. Relaying information to clients through fulfillment notifications before and after delivery is a great customer satisfaction strategy. Field work and remote reporting is on the rise, and companies that make working off-site easier will reap the benefits.
Mobile access requires all workers to be able to access inventory levels and include real-time updates that can add value for the entire team. All that’s required for mobile login is a Wifi signal or a browser that allows for Internet access. With this helpful feature, employees won’t feel tethered to their desks or limited by typical 9-to-5 office access, to complete tasks in a timely manner. It may make the difference in sealing a deal, beating out less agile competition.
Automate for Efficiency
Workforces that are optimizing to modern ERP systems will likely see an evolution in their internal competencies. Software such as this is created to make working easier. This means, staff will be able to learn how to benefit their job flow, using the time it saves to focus on other efforts that increase efficiencies and also grow the business.
Distribution includes many moving parts — manufacturing and safely delivering product doesn’t have to be a cumbersome, manual process. That’s now a thing of the past!
Thanks to automatic notifications, processes move much more smoothly. An ERP system is fast at work to ensure that all is optimized and products are moving through the supply chain efficiently. A new sale or return sets matters in motion with data transmitting to the appropriate parties for follow up or sign off. Everything is documented within the system, so users and departments can be tracked or identified as need be.
Seamlessly defining data and having it readily available to be be shared across various operational areas moves a company’s performance leagues above those that are not working with an ERP solution.
Getting Started
Realizing when a company is ready for a cloud-based ERP is the first step of the journey. The award-winning Acumatica Cloud ERP offers its Acumatica Distribution Edition, which includes Advanced Inventory, Requisition Management, Purchase Order Management, Warehouse Management System, and Advanced Financials. The system integrates fully with Acumatica’s CRM, Manufacturing, Field Service, and Project Accounting software —- providing clear visibility across the complete business.
The ideal partner should understand a company’s capabilities, as well as how to improve efficiency to optimize growth. CCS Technology Group brings cloud expertise, developing, implementing, monitoring, and supporting effective cloud-based solutions.
Read testimonials and contact us to learn more about implementing a cloud-based ERP solution that will take your company into the next decade and beyond!
Calculating the ROI of Moving to the Cloud
/in Blog, Cloud, ERP Software /by Chris HigginsStreamlining resources and investing in the valuable time a company spends around efficiency means increase in the valuable time employees have to perform substantive work. This can also lead to a reduction in paperwork that can, otherwise, be redundant at most. The implementation of ERP software can smooth processes within a business, improving the overall ROI (return on investment) of an organization.
With an automated control system that enables businesses to manage core processes around finance, human resources, services, etc., a business can contribute to the increased efficiency of the workforce by utilizing time more effectively. While the thought of implementation of an ERP system may raise brows across the finance department, it’s important to remember that such a system also can greatly benefit a company’s bottom line.
Here are a handful of the ways an ERP system can improve ROI for businesses.
Information Sharing
ERP software is built on a single platform, which can be used to monitor various databases controlled by different departments throughout the organization. Users benefit from this integration because it allows better decision making that enables business professionals to improve operations.
Conversely, when data is hosted in multiple platforms, overseeing and managing the system becomes more difficult. When approached in this way, data must be collected and then used to generate reports and data-driven analytics. While the process is much more involved, and requires more time, making an integrated system significantly much more desirable.
Efficiency
Updating and managing data for different functions across an organization can cost a lot of money. It’s an exhausting task that involves a lot of effort from staff, who can be responsible for submitting duplicate entries or various other manual mistakes that can hit a company’s profits.
An ERP system provides a platform that helps to reduce human intervention — and with this, it also helps to eliminate mistakes that can cost the company considerable amounts of money. Savings on the financial side also help to protect resources; employees who are working in better systems with safeguards to protect against error typically have a better work quality and happiness in their positions. Employees that are dedicated to learning a system and working in it are able to fine-tune processes and increase ROI. It’s understandable that ROI will increase over time, due to the performance of the ERP system.
Learn more in How to Improve Efficiency With a New ERP System.
Data and Governance
ERP software has many benefits — the most obvious is that it brings up-to-the-minute results in real time. Information is available to the entirety of the company, on premise, working virtually or in the field. Platform security provides access to reliable data, which allows both leadership and staff to make the most educated of decisions at a moment’s notice. The more agile a company, the better it will perform.
Cloud-based ERP systems offer another significant advantage: mobility. No matter where employees are located, they are each able to access information anytime and anywhere a Wi-Fi or mobile internet connection is available. With personalized dashboards, individuals or departments are able to see insights that reflect the current ecosystem of the business; views are determined by the user and also the functions they serve.
Inventory Management
With an ERP there are an array of areas that can be better managed, such as production, distribution, warehousing, and more. Keeping track of the activities in these areas, through an ERP system, can provide a company with timely information on inventory; for instance, what is in stock, on the way, or needed.
When inventory is under control, there are fewer shortages or interruptions that can cause issues with efficiency. Through insightful enhancements, the software enables businesses to plan future production well in advance.
Cost Reduction
Operating costs can be cut considerably when an ERP is in use. When implementation is given ultimate consideration it is able to perform functionality that can elevate the work a team does. Procurement and payment tools help to reduce material cost, while the software also easily handles improvement around staff allocation in efforts to reduce overtime and labor costs, and additionally knocking down incurred administration costs and other regulatory compliances.
It’s a collection of information that helps to improve ROI for a company, and implementing an ERP system will help to bring results sooner. Look forward to running a more organized business, reducing needed processes such as manual data entry, etc. — all of these points can help business leaders to reduce wasted time and money.
Getting Started
Understanding a business is ready for a cloud-based ERP is only the first part of the journey; the remainder is finding a partner that offers understanding of various capabilities, as well as how to implement efficiently. CCS Technology Group combines its cloud expertise with business continuity insight to develop, implement, monitor, and support effective cloud-based solutions.
Acumatica’s Modern CFO ERP Buyer’s Guide offers ERP insights for business leaders who are ready to take their company into the modern technological age. The easier working is, the more freedom a company will have to achieve its goals. Read testimonials and contact us to learn more about how to implement a cloud-based ERP system to improve processes and efficiencies that can jumpstart a company’s ROI.
Additional Cloud Resources
Are You Fully Committed to Using Cloud?
Choose the Right Approach for Moving Applications to the Cloud
Why SMBs Should Upgrade to the Cloud
Different Kinds of Malware Need Different Kinds of Defenses
/in Blog, Security /by Chris HigginsOne of the reasons information security is so difficult is that there are so many different threats you need to defend against. Malware can take many different routes to get into your systems, and once there, it can do many different things. Keeping your data safe requires protecting against all of those different potential paths and actions.
Malware Can Take Different Routes Into Your Systems
As computers get more and more connected and more of our work and personal lives move online, there are more and more ways for malware to penetrate your defenses. The potential vectors include:
Malware Can Do Different Things
Once malware gets into your systems, it allows the hackers to use your systems and steal your data. Malware has the capability to:
Protecting against all these types of malware requires a comprehensive information security strategy. Tools such as firewalls and antivirus software can help keep dangerous software out of your systems. Training users is key to recognizing phishing emails and other malware that makes it through the automated systems. CCS Technology Group helps businesses develop and deploy complete cybersecurity solutions to protect vital company data. Contact us to learn more about the different threats your data faces and how you can defend against them.
Additional Cybersecurity Resources
7 Common Mistakes That Place Your Data in Danger
Phishing 101: What it is, how it works and how to avoid it
Spoofing: What it is and how to avoid it