You’re just about to launch or you have recently started your business for cultivating, processing, distributing, or selling cannabis products. With all the capital you’re investing in land, buildings, and equipment as well as staffing up your team, you might be tempted to cut costs when it comes to the operational software you choose for…
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…
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…
As the market uncertainty in the cannabis industry continues—and the competition grows fiercer— growers and processors need to maximize profits to protect their bottom line. By deploying an automated ERP solution like SilverLeaf running on Microsoft Dynamics 365 Business Central in the cloud, managers can gain access to key performance indicators that identify areas where…
Growth and Change When a vehicle maintenance, repair and tire replacement organization approached Velosio for help, they had experienced tremendous change. They were bought by an equity firm and many key individuals departed the company who were superusers on its Microsoft Dynamics GP ERP solution. Moreover, the organization was growing at a rapid rate—organically and…
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…
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…
According to a report by Precedence Research, between 2021 and 2030, the global commercial greenhouse market size is projected to grow more than 125% at an annual rate of 9.52%. If you plan to expand your horticulture business to seize on this trend, a great place to start is an end-to-end business management solution. The…
As cannabis evolves into a more heavily regulated space, companies are increasingly turning toward so-called “seed-to-sale” solutions to maintain compliance and mitigate risk. Seed-to-sale software keeps detailed records on your crop – from when you plant the seeds, until they grow into mature plants, and from there, morph into gummies and vape pens ready to…
Many small greenhouse growers dismiss the idea of implementing an end-to-end business management solution, also known as Enterprise Resource Planning (ERP) tools. They may think that modern technologies running in the cloud are meant only for large businesses. But by taking a forward-looking perspective and investing in technology that allows your business to gain greater…
