So many things go into building a powerful ERP solution. Security, user experience, functionality, and more make up the many reasons that a company opts to use such a solution. However, it goes much further than that, according to a recent report from Technology Evaluation Centers. This report, Enterprise Resource Planning Solutions: How to Get … Read more
Features and benefits. Functionality and usability. Innovation and ability to execute. It’s so easy to look at software, company financial statements, and analyst reports to answer a variety of questions. These reports are out there to help you understand whether a vendor can provide what you need, whether or not the vendor is financially solvent … Read more
Construction is an interesting and diverse industry. It’s also an extremely competitive one that both drives and relies heavily on a strong economy. While construction companies still do work in bear markets, those who get the most work and turn the most profit are also the ones who are able to deliver the most value … Read more
With the cold weather, short days, and snowy weather in the forecast, it’s officially slow season for the construction industry. Though we’re only a month or so from seeing business ramp up, you’re probably getting a bit stir crazy waiting for this to happen. We get it. However, you shouldn’t be letting this time go … Read more
2020 is upon us. Not only does this mean a new year, it also means a new decade. However, while there are many articles looking forward at the big trends in the coming year, we’d like to take a moment to look back. Two years may not seem like a lot of time for a … Read more
Fabrication companies face an onslaught of challenges. Offshoring, recruitment, commodity fluctuation, and more—but one of the most pressing issues? Many are falling behind technologically. From marketing to management, the phrase “digital technology revolution” is a top priority for fabricators. Why Digital Technology is Right for Fabricators There is good reason for this: the increased presence … Read more
Take a look at your desk. What do you see? A stack of invoices, receipts, or other paper? Open your inbox. How many emails have an attached spreadsheet that needs to be edited? For growing businesses, the use of paper and spreadsheets is common, but as you grow, continued reliance on these is going to … Read more
When you think of the concept of quote-to-cash, there are many steps that go into the process and many areas for improvement. From the initial configuration and pricing to the contract creation and negotiation to sending the invoice, everything needs to move forward quickly and accurately. Following our last blog on the quote-to-cash process discussing … Read more
Revenue is at the heart of your business. You can make the best product or provide the best service in the world, but if you’re not bringing in money, you won’t be in business for long. Few—if any—businesses can survive for long providing a poor buying experience for their customers, and as your business grows, … Read more
For many fabrication businesses, back-office software is often just something that is “there.” It satisfies your basic business needs, offers finance professionals information, and may facilitate a few processes. However, much of these only meet your needs for so long before they become a hindrance. Whether your business has grown or your software has aged, … Read more
Those in the fabrication industry have unique needs—both in the form of project management, materials planning, and contracts, often needing more than a traditional manufacturing-focused ERP can provide. In an industry like yours, change is frequent—whether those are design changes, contract changes, or anything of the like, you need to remain agile enough to adapt … Read more
When you look at ERP solutions, it pays to ask questions. You want to ensure that you make the right decision and find a solution that works for your business not only today, but in the future. For many businesses, the best place to start looking is the financial management module, the core of your … Read more