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…
Background A large insurance company embarked on a journey to modernize its business systems and processes. With the help of Velosio, the company successfully transitioned to Microsoft Teams for both internal communication and their external phone systems and implemented Microsoft Dynamics 365 Business Central (BC) for financial management. The Need for Anywhere, Anytime Access The insurance…
Background Werner Gourmet Meat Snacks, a family-run business, embarked on a journey from its humble origins in the owner’s garage to a well recognized brand in the meat snacks market. Famed for their jerky, meat snacks, nuts, and candies, the Werner family has grown the brand to a national level. For three years, the company…
Business Central makes it possible for you to analyze your data in numerous ways. One tool that provides flexibility and the ability to look at your data from different perspectives is Dimensions. Dimensions allow you to categorize entries in different ways so that they can be tracked and analyzed. Dimensions Overview Dimensions are a core…
For technology service providers, customer churn is a top challenge as we move towards 2024. According to Gartner, through 2025, technology service providers must adapt to changing buyers and buying conditions driven by transformed organizations and technology buyers within them. Business-driven and line of business (LOB)-resident technology buyers will drive more purchases, hastening moves to…
For software developers and publishers, the increased complexity of software projects, time constraints, and lack of resources often lead to frustration for developers on the job. Developers need clear instructions to be able to do their job effectively, and if they’re left in the dark, it can lead to chaos and confusion. This can cause…
Background Fin Feather and Fur, a regional sporting goods retailer, found themselves managing their business with Oracle’s JD Edwards ERP solution, a system not inherently designed for retail. Set up to fit the solution instead of their business processes, they were able to operate their retail business, but it was clear the solution was not…
Engineers will continue to face challenges in 2024 including rising material costs, inflation, supply chain volatility, and skilled-labor shortages, while still needing to respond quickly to customer demands. Speed and quality are the two top priorities that customers expect from their engineering and construction partners. To meet these demands, engineering firms must invest in Industry…
Closing the fiscal year is a task generally performed after your auditor has received your trial balance, and perhaps after they’ve returned adjustments. There’s no requirement that the fiscal year be closed at a specific time, but once it’s done, you can’t reopen it or adjust the accounting periods. Follow these steps to close the…
Since the role of an architect is inherently creative, it is hard to put a price on every dash. However, to keep utilization and billable hours high, architects need to understand how much what they’re designing will cost so that they’re not setting client expectations too high or having to fix blueprints later. Homegrown or…
