Finance leaders are under increasing pressure to deliver accurate reports, manage financial risk, and provide financial insights faster. But manual reconciliations, outdated systems, and disconnected data slow progress and leave little time for strategy. Many teams still rely on spreadsheets or legacy tools that limit flexibility and scalability, making it difficult to see the full…
Choosing the right enterprise resource planning (ERP) system isn’t just about ticking boxes on a feature list — it’s about finding a system that fits your business goals, industry, and growth strategy. With so many options on the market, it can be tough to cut through the noise and understand how each platform truly compares.…
AI isn’t just for IT or data science teams anymore — it’s becoming an essential tool for finance leaders who want to improve accuracy, increase efficiency, and deliver strategic insight at scale. But where do you start? If you’re exploring how to apply AI and automation in your finance function, these seven essential steps will…
When consulting firms start out, they usually deploy foundational applications such as PSA and Accounting. As the firm grows, they typically implement additional applications: CRM to manage sales & quoting processes; HR to manage Resources; Robust Analytics solution. The firm might also tap into external data sources to track and forecast customer and industry trends.…
As consulting firms grow, it’s easy for project team members to feel burned out. With multiple projects going on at the same time and projects comprising different team members, communications can bog down. Documenting progress, finding information, and confirming task status all take up too much time. As a result, the various team members—from marketing…
Despite economic turbulence, the $230 billion consulting industry has boomed in recent years, with over 50% of firms seeing revenue growth over the last three years. This is no flash in the pan trend – over the next few years, the industry is expected to experience double-digit growth assisting clients with some of their greatest…
In today’s fast-paced digital landscape, efficiency is the name of the game. Microsoft 365, a powerhouse suite of tools, has become the go-to solution for businesses and individuals aiming to streamline their workflows. But are you truly harnessing its full potential? Our experts here at Velosio, offer time-saving tips and tricks designed to transform your…
Background When a management consulting firm first approached Velosio, manually driven processes hindered their ability to maintain the highest level of client care and professionalism. With an aging Microsoft Dynamics SL back-end ERP and NetSuite for CRM, the team resorted to sticky notes and Excel spreadsheets. There was little to no visibility into its consulting bench…
The global supply chain continuously evolves—striving to achieve the most significant advantages in efficiency, cost reduction, and customer satisfaction. However, it faces increasing complexities due to growing customer expectations, rapid market fluctuations, and a rising need for sustainable practices. Microsoft Copilot can assist in Supply Chain Risk assessment. Supply chains have been a prime area…
ERPs are traditionally associated with supply chain management tasks—managing inventory, production schedules, suppliers, fleets, and so on. And yeah, ERPs dynamics do deal with all those things—but they can also do a whole lot more. At its core, an ERP is a shared database for managing resources—which covers an expansive list of business activities including…
