Cloud computing is now firmly established in the enterprise computing landscape. IDC the analyst firm says that public IT cloud services spending will grow to more than $127 billion in 2018, representing a compound annual growth rate of 22.8%, which is about six times the rate of growth for the overall IT market. But many companies find themselves excluded from the cloud revolution because they are economically, operationally and technically shackled to inflexible and highly customized legacy systems.
Upgrading an ERP system presents a number of challenges to many organizations. However, many of these challenges can be alleviated by integrating a Business Intelligence (BI) solution during the upgrade process. This is especially true if the BI solution is based on a data warehouse and implemented using a data warehouse automation platform.
Microsoft yesterday announced the upcoming release of Microsoft Dynamics NAV 2016, and they made clear that it's a new NAV deeper in the cloud, easier on integrators and of course, on users. Microsoft had previously code named the release "Corfu" leaving open whether it would be a minor release as 2012 R2 or a major release.
Inventory is what drives your company, but managing and keeping it at optimum levels is hard to do if you don't have the right tools. 42% of customers rates stockouts as one of there primary inventory concerns, while 37% worry they have excessive capital invested in inventory. Stockout of high demand items result in unhappy customers. Netstock can help you manage your inventory better, reduce your costs and grow your business.
For most businesses, it makes good sense to get started with basic accounting software. Then, as financial and customer service requirements demand, you can move to more sophisticated business systems. A logical approach.
The challenge is in recognising the right time to make the switch. When you are immersed in the day to day operations, it’s easy to ignore the red flags of trouble ahead. We wrote this white paper to help you. The stories that follow are based on real companies. Real people, just like you who were having problems because they kept their entry or legacy accounting system a little too long.
Article by The NETSTOCK Mentor
When it comes to risk, we often have little factual information to work with. Even when we are aware a supplier is “risky”, we may only have a very subjective perspective and are influenced by opinions and emotional factors. Our decisions are often biased on the basis of hoped for results with little fact to back it up.
When the end of the month rolls around, you know ensuring accuracy and efficiency in your close often means long days and late nights. It doesn't have to be that way, or at least not as bad. Use the latest enhancements to the BlackLine and incorporate the following three process improvements to save time, every time you close your books.
Nestling within the thousands of tasks and activities comprising the financial close is the reconciliation process. Reconciliations fall into two main categories, namely, high transaction volume reconciliations such as local bank reconciliations, and secondly, the more specialised and intricate reconciliation of balance sheet movements.
Using big data to steer organisation change
In this eBook, Investing in Insights: Getting the Most from Your Data, CFO Publishing shares key strategies for taking advantage of big data and driving ROI from your technology investments. CFO also helps answer tough questions about the practical applications and potential of Big Data, while offering concrete examples of how finance departments are making it manageable, actionable, and valuable.