ERP Implementation – Education is the Key to Success

Education or more specifically the lack of education can lead to an ill chosen ERP system, the gross underutilization of an ERP product’s capabilities and unfortunately in some instances ERP implementation failure. If you don’t understand how to select ERP software or you don’t understand how you can use ERP software to operate more effectively… » More

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Collecting Overdue Invoices in Dynamics NAV

One of the most frustrating aspects of running any business is seeing revenues that generate no cash flow.  I’m not talking about margins that are too thin to generate acceptable profits.  Instead I’m talking about invoices that are not paid on time, thus choking off cash flow from what should have been profitable invoices. Collecting… » More

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Online Backup – Supercharge Your Business Continuity Shield

Traditional backup protection may have been sufficient in the past, but the latest in a new generation of Online Backup methodologies moves away from just data protection to full system protection that is designed to keep firms running virtually 24 x 7.  It really doesn’t matter what the risk is.  These new Online Backup systems… » More

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ERP Software Reseller Evaluation – Divorcing Your Reseller

ERP Software Reseller Evaluation is just as important as evaluating the product or products they represent.  Yes, you need to find a product that meets your functional, processing and information requirements, but if you cannot form a solid business partnership with the product’s reseller or that reseller cannot provide the type and level of product… » More

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A New Way to Survive the Onerous Budgeting Cycle – Use KPIs

Budgeting can require the investment of thousands of hours. That’s an effective investment. Right? Well perhaps, but only if there’s a return on this investment, and that’s the real issue. Budgeting is an important exercise, but the instant a budget is published it is no longer accurate and therefore relevant. The problem is really quite… » More

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Business Software System Letting You Down? 12 Key Considerations

Is your business software system starting to give you problems?  Are these issues preventing you from competing effectively today or do you have a sense that you may have problems at some point in the very near future?  What should you do and when should you make a move? The decision to replace your current… » More

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Business Management Software Selection – 15 Ways to Improve Your Performance

OK so it appears as though your current accounting/ERP system isn’t getting the job done.  Maybe that’s obvious to you, but what about everyone else?  Where is the system failing you?  Is there something better?  Is the problem your software or your business itself?  What should you do?  The answer is relatively straight forward.  You… » More

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Business Financial Software – Justifying the Investment

Business financial software doesn’t last forever.  If a critical mass of your employees have decided that your current business financial software might need to be replaced, what’s your next step? Many firms just launch a search, assuming that at some point they will find the best suited business financial software.  Well….there’s just a tiny flaw… » More

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ERP Selection – The Key Role of the CEO

ERP selection isn’t a project that involves only what we commonly refer to as stakeholders.  The role these stakeholders play, particularly the CEO cannot be limited.  The stakes are just too high. In the immediate past ERP selection projects were driven by a combination of the CFO and the CIO.  The CFO was responsible for… » More

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ERP System Selection – Defining Your Requirements

If you have decided to replace your current business management system, there are a number of critical steps you need to take to reach a purchase decision.  Obviously one of the most important ERP system selection steps is defining exactly what you want your new system to do. This requirements document serves two purposes.  First,… » More

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The CFO’s Guide to Selecting Financial Accounting Software

Financial accounting software will need to be replaced from time to time.  It really doesn’t matter why, but the firm’s key executives (CFO, CEO and CIO particularly) need to take charge and help the firm move to a more efficient, effective, competitive and profitable future. Now let’s throw some ice cold water on your assumption… » More

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Accounting Systems Selection – Critical Evaluation Steps

Accounting systems selection (small to mid-sized firms) or ERP software selection (larger and/or more complex firms) is difficult, time consuming and frustrating at the best of times.  Compound that with a less than effective accounting systems selection plan (or a poorly executed selection plan) and you can almost guarantee failure; either failure to achieve many… » More

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Selecting Accounting Software Systems – The Personnel Approach

Accounting software systems selection can be a tricky process even under the best circumstances.  While most accounting and ERP selection projects get the requirements document (functionality definition) somewhat right, the personnel aspects of these projects fall short in far too many instances and that’s one of the primary reasons why software selection projects never seem… » More

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Accounting Software Review and Selection Requires a Step-by-Step Plan

An effective accounting software review must include each of the critical steps you need to accomplish when searching for a new business management system.  Although you might want to move forward with your accounting software review as quickly as possible, history tells us that the failure rate of accounting software selection projects is high.  In… » More

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Web Page Design: The Objective is to Attract Prospects, Not Send Them Running

I think I can say without trepidation that there are good web sites and way too many bad web sites.  Why is it that web page design seems to be an art that was lost before the Internet was even launched? Think about it for a moment.  How often do you browse the Internet?  How… » More

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Cloud Accounting Software: Justifying the ROI

Cloud accounting software is quickly attracting the attention of firms searching for new accounting software or ERP software. While Cloud accounting software hasn’t reached 50% market share, most people see that happening within the next few years. Does this mean firms must include Cloud accounting software products when evaluating their options? No, but the prudent… » More

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Online Accounting Software – Is It Time to Move to the Cloud?

Online accounting software or the Cloud is a term virtually everyone has heard before.  The question being asked is a little more difficult.  What are the implications of online accounting software from a business perspective?  What is online accounting software? How can the Cloud assist firms become more efficient, effective and nimble?  Does it make… » More

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Business Management System Selection – Who Should Lead the Project?

Business management system implementation projects fail far more than they should certainly far more then we feel comfortable.  People have heard of these failures and many are reluctant to do anything until they actually are almost forced to by the failure of their own system.  In this case the system could be so old that… » More

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ERP System Objective: Help People Become More Individually Successful

ERP system selection projects in far too many cases fail to achieve their objectives or fail altogether?  Why?  Absence of executive buy-in?  Implementation failure?  Ineffective communication.  All of these are legitimate and in many instances all three contribute to failure.  However, maybe there’s a fundamental problem that isn’t addressed adequately. The process of selecting a… » More

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ERP Solution: Are You Ready to Make the Leap?

ERP solution route beginning to look alluring?  Business management system letting you down?  If you are not satisfied with your current financial accounting software (or whatever you want to call it), is it time to upgrade to an ERP solution (or whatever you want to call that)?  This is really a two part question.  Can… » More

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