Top Features & Improvements in the Latest Acumatica 2023 R1 Update Acumatica, the cloud-based ERP system, has released its latest version, Acumatica 2023 R1, with several new features and improvements. This new version is designed to make business management more efficient and effective, and to help users streamline their processes and improve their bottom line. … Read more
ERP Industry Categories: A Look at Who Benefits Most There’s a board game from the ’90s in which players advance by guessing the commonality between three seemingly disparate things – a shark, a saw and a gear, for example (answer: they all have teeth). If you were playing the business edition of this game, you … Read more
Crestwood Associates is looking forward to delivering the latest solutions to our clients from Microsoft Dynamics 365 Business Central Wave 1. The latest features will add immediate value to your ERP functionality. Upgrades include: Improved Business Central integration with Power Platform to increase productivity. Application features are added to increase productivity, create better overviews and … Read more
ERP systems enable businesses to manage day-to-day activities through centralized and secure data. Think of it as bringing all users of the software under one roof so that everyone from the CFO to the human resources team are is unified through common processes, connectivity and insight into centralized information. We broke it out into a … Read more
When researching any business purchase, price is an important factor. But some investments are difficult to quantify with an exact dollar amount. More importantly, in the business world, cost is not directly related to value. Think of some high-priced executive salaries or inflated costs of luxury cars. Are they worth it? Maybe, maybe not. When … Read more
Congratulations! Your business has made the choice to implement an ERP system. Now comes the most important element of that massive undertaking: selecting the right ERP consultants to help you bring the system to life. ERP consultants are critical for your business, especially when the goal is to scale your organization to the next level. … Read more
Sometimes when starting the journey of planning an ERP implementation, it helps to read about how other companies found success working with consultants to execute the project. How do we measure success? Each project will have specific KPIs of course, but overall, a successful ERP implementation demonstrates that we’ve gone ‘live’ on time, on budget … Read more
If you do not have an existing eCommerce platform, or you have an eCommerce platform that does not interact with products, operational or accounting systems, you might be stuck in a time loop circa the 1990s. But not in the good, grunge rock Nirvana way. No, if your B2B company does not have eCommerce systems … Read more
The words ‘ERP implementation’ can give even the most experienced IT leaders, CEOs and CFOs a headache, as they consider the variables to balance: budget, training, testing, leaving old ways behind and, above all, time. This is a major undertaking and often involves a degree of change management. Many people in your business will be … Read more
In a competitive and unpredictable market, wholesale distributors must ensure their ERP systems can handle complex demands. B2B products and services are expected to meet shrinking delivery timeframes thanks to automated supply chains. It should come as no surprise that changes in distribution and supply chain models are happening industry-wide. Customer expectations are influenced by … Read more
Demand forecasting is the process of making future estimations in relation to customer demand over a specific period. Generally, demand forecasting will consider historical data and other analytical information generated through machine learning (ML) and artificial intelligence (AI) to produce accurate predictions. The right ERP system gathers data through these applications and generates precise demand … Read more
We know the power of ERP systems is multifaceted, providing your business with greater efficiency because your people are seamlessly connected and automation of essential functions. Business Intelligence (BI) propels this a step further when integrated with your ERP, providing real-time data analysis and insights. As your ERP works hard to tie together business processes … Read more
Technological advances in ERP and CRM systems have nearly eliminated guesswork and provided unprecedented muscle to operations. But one thing technology can’t do is read customers’ minds. The good news, though, is that if you know where to look, there’s no magic needed. You can use voice of the customer (VoC) analytics within the right … Read more
Since 2020, product distribution companies have faced rolling waves of worker shortages and supply chain disruptions, all amid a global economy that can best be described in one word: unpredictable. It should come as no surprise, then, that product distribution companies would increasingly look to ERP capabilities such as process automation to bridge gaps and … Read more