Overview Accounts Payable (AP) operates in a demanding environment. The volume of AP transactions is substantial, and the payables processing cycle can be difficult to complete, as AP interacts with nearly every department in the company as well as with outside vendors. To successfully meet its processing goals, AP must rely on both streamlined and…
Who wears the data chief crown at your organization? There’s something of a debate about who rightfully owns that title. Some advocate for the CIO, while others side with the CTO. Yet, an emerging trend among mid-market enterprises, especially those with limited IT resources, highlights a different contender: the CFO. That’s right. You—the CFO—are your…
Background Triumph Express Service Canada, Inc., is best known for expertise in shipping customers’ ocean freight between Asia and Canada. Toronto-based Triumph Express is active at all Canadian ports including Vancouver, Prince Rupert, Montreal, and Halifax. The organization is also well represented in China, the India subcontinent, and SouthEast Asia markets. With three decades of…
Successful ERP strategies begin with a thorough, laser-focused ERP requirements gathering process. This process involves some next-level investigation. You’re identifying and documenting your org’s unique mix of needs, challenges, pain points, and objectives. That includes both immediate, mundane improvements and the pie-in-the-sky stuff vaguely mentioned in your long-term plans. You’re also sizing up functional requirements,…
We’ve said it many times before: every ERP implementation is unique. “Success” can mean very different things to different organizations – even if we’re talking about two companies with the exact same demographics. With that in mind, here are ten critical factors that can help you set the stage for a successful ERP implementation. 1.…
Modern cloud ERPs house everything from core financials, valuable IP, and sensitive data, to the collaboration apps, customer records, and email accounts employees use every day. Having that unified system in place is a prerequisite for any kind of digital transformation. You’ll need an org-wide data ecosystem and deep integration across your entire network to…
On the surface, SAP Business One (B1) and Microsoft Dynamics 365 Business Central (BC) appear to have a lot in common. They’re both popular, all-in-one ERPs for SMBs with baked-in intelligence — made by two of the biggest names in B2B software. In other words, Microsoft Dynamics 365 vs. SAP Business One is a classic…
Given the challenging state of today’s global supply chains and the fast-moving digital landscape, it makes sense that more supply chain leaders now see AI as more than just a smart solution. They know their survival could depend on it, and it’s here to stay. IBM recently surveyed more than 1,600 Chief Operating Officers (COOs),…
Introduction This is the ninth post of a series discussing how Velosio can assist your company in completing a successful ERP implementation. If you want to review the other posts in the series, or learn more about Enterprise Resource Planning (ERP) implementation and how Velosio can help, look at: Make Velosio Your ERP Migration and…
Microsoft Dynamics 365 is a total game-changer for hybrid organizations. It’s a comprehensive ERP platform that does all of the “usual ERP stuff” – managing finance and backend operational functions such as inventory, manufacturing, procurement, human resources, etc. – but also so much more. Dynamics 365 unifies all departments, functions, and line-of-business apps into one…
