In our How to Build and Maintain an Effective Budget post, we discussed how to build a budget using your ERP’s budgeting functionality combined with Excel worksheet templates and ERP file import. Most companies today prepare some sort of financial budget. Budgets can be built at a very high level (Sales, cost of sales and…
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Background A multigenerational family-run business headquartered in California, the team at Westerlay Orchids has a simple mission: to grow the most stunning and highest quality orchids. Westerlay’s path to producing some of the finest orchids available stretches back generations of horticulturists to the greenhouses of Holland. Company founder Joop “Joe” Overgaag was a greenhouse farmer…
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This is the fifth 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 Implementation…
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Selecting the right field service software for your company has far-reaching consequences. In today’s service-centric business world, it only takes a couple of bad reviews for customers to pass up a new prospective service provider. Your field service software is the backbone of your operations, orchestrating various tasks, from work order intake to dispatching technicians,…
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An accurate budget is the basis of effective financial and operational management. Today, most companies prepare a financial budget. Some build budgets at an extremely high level (e.g., sales, cost of sales and expenses), others build a detailed budget (e.g., sales detail by type, expenses by department, capital spending, projects). Companies may also budget the…
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Curious about Dynamics 365 Business Central and Oracle NetSuite – which one is right for your company? Dynamics 365 Business Central, crafted by Microsoft, emerges as a comprehensive ERP solution tailored to the needs of growing businesses. Over the past six years, it has undergone substantial development to encompass a wide spectrum of functionalities, from…
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To get to this point in your ERP implementation, you’ve gone through a lengthy sales process, selected your solution provider and set your project’s overall goals and objectives. You’ve also commenced a formal kick-off meeting. In the meeting, the project plan was developed including organizing tasks, assigning resources, and setting the project ground rules. If…
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An ERP is more than just a tool for managing resources and orchestrating processes. It’s the backbone of your company’s entire digital strategy. The problem is, if you don’t know what you’re doing, finding the right ERP vendor amid today’s crowded enterprise tech landscape is about as easy as finding a needle in a haystack.…
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The medical device industry faces unique challenges when it comes to supply chain management. Suppliers and manufacturers must navigate strict regulatory requirements, ensure product quality and safety, and maintain a reliable flow of critical medical devices. To get ahead of these challenges – and those just now appearing on the horizon – medical device companies…
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For medical device companies, track and trace software plays a crucial role in ensuring regulatory compliance, enhancing supply chain visibility, and facilitating efficient recall management. These platforms capture details about a product or asset, so you can track its status across the entire value chain. It’s similar to the concept of establishing provenance for historical…
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