Three years ago, COVID-19 triggered a wave of supply chain disruptions that forced the media — and the actual masses — to care about global supply chain issues. Now, we hear about supply chains all the time. It’s embedded in the news cycle and all over our social feeds. Even if you’re not paying attention,…
In our first COA post, Chart of Accounts- Getting the Full Accounting Report Benefits From Your ERP we described COA structures, how they are used to capture and track transactions in the General Ledger and the role that the COA plays in financial reporting. In this post, we’ll discuss the best practices used in setting…
COLUMBUS, OH — JUNE 15, 2023 — Velosio Secures a Spot on the Prestigious “Bob Scott’s Top 100 VARs for 2023” List. The top 100 resellers are selected from an array of enterprises focusing on the sale and execution of Enterprise Resource Planning (ERP) and accounting software. Bob Scott, executive editor of ERP Global Insights,…
Integrating traceability data offers numerous benefits to distributors, including helping them remain in compliance with regulatory demands. For certain industries, such as pharmaceuticals, food distribution, or chemical manufacturing, regulations demand traceability. Organizations in those industries must be able to pinpoint every single step in their processes for safety reasons. Traceability can be an important element…
In today’s fast-paced business environment, efficient warehouse management is crucial for organizations to meet customer demands and stay ahead of the competition. Dynamics 365 Advanced Warehouse Management (AWM) In Dynamics 365 Supply Chain Management is a comprehensive solution that helps businesses optimize their warehouse operations, improve inventory accuracy, and enhance overall productivity. In this blog…
In the fast-paced world of logistics and distribution, accuracy is paramount. Ensuring the right item or variant is picked and shipped to customers is essential for maintaining customer satisfaction and reducing costly errors. However, warehouses COOs often face challenges in avoiding the wrong items or variants being picked during the fulfillment process. In this blog…
From Slack chats and Google Docs to Amazon, Netflix, and Uber Eats (or car), most of us rely on a whole roster of familiar cloud apps and services to run our personal and professional lives. In other words, we’re living in an era where “cloud” has become this “boring” digital default. So, even if you…
Unlike retailers, manufacturers, and distributors that deal exclusively in physical inventory, most field providers run on a service-based model, where expertise, relationships, and hands-on support create the most value for the business. As such, you might assume that inventory management software is a secondary concern for more “traditional” field service companies. While that line of…
Processing bank transactions is an important company activity. Businesses receive and disburse cash and checks daily. Accurate and controlled cash processing assists the company in determining its open Accounts Receivable (AR) and expected cash receipts, Accounts Payable (AP) check processing and upcoming cash obligations and in forecasting it’s cash position. Accurate and timely transaction processing…
In the medical device industry, traceability is essential for ensuring patient safety, compliance with regulations, and minimizing risk. Medical device distributors play a critical role in ensuring that traceability is maintained throughout the supply chain, from the manufacturer to the end user. In this blog, we will discuss the importance of traceability for medical device…
