Many finance teams still grapple with disconnected processes, particularly in budgeting and planning, due to constrained financial data insights. A recent survey by McKinsey found that only 14% of companies have fully integrated their financial data into a single source of truth, highlighting the widespread challenge of data fragmentation. These inefficiencies not only hinder collaboration…
Here is a scenario: 1,000 calibrachoa cuttings just arrived in your greenhouse. But they’re in really bad shape. What to do? How do you notify your purchasing team so they can buy more? How many cuttings do you already have in inventory? Can you use possible substitutes? Will a different variety be OK? If you…
Accurate and reliable financial data is the backbone of any successful organization. It ensures that decision-makers have the information they need to make informed choices, maintain regulatory compliance, and drive strategic initiatives. However, many financial leaders face the challenges of data silos, manual errors, and delayed insights due to poor financial data quality. These issues…
Data is at the heart of every successful business decision today. Whether forecasting demand, streamlining supply chains, optimizing field service teams, or improving customer satisfaction, organizations rely on accurate, timely data. Despite its importance, many businesses face challenges due to outdated data management systems that hinder growth. Modern Enterprise Resource Planning (ERP) systems can be…
Questions asked during online meetings and around the office are revealing and insightful—into the health of the firm and adequacy of systems used to manage operations. A typical professional services firm structures its business processes around the personas involved e.g. Project Managers have defined a role with responsibilities as will other roles such as Resource…
If you’re a current user of Microsoft Dynamics 365 Business Central (BC), you’re likely familiar with its robust capabilities to manage everything from financials to supply chain operations. But as Microsoft continuously updates the platform, it’s easy to overlook some of the powerful new features and enhancements being introduced. These updates are designed not only…
Microsoft has recognized Velosio as a FastTrack Portfolio Partner, an invitation-only Microsoft customer success program that provides Velosio access to FastTrack guidance and support directly from Microsoft’s product engineers. With FastTrack’s Centers of Excellence, Velosio has access to best practices, resources, tools, and advice directly from the Microsoft Dynamics 365 Product Engineering Team, ensuring successful…
Effective decision-making is the lifeblood of modern businesses, especially for C-level executives striving to stay ahead in competitive markets. At the heart of this process lies the Enterprise Resource Planning (ERP) system, a critical tool designed to consolidate, manage, and provide actionable insights from your business data. When functioning effectively, an ERP empowers businesses to…
Your ERP system is the backbone of your organization, connecting critical operations like finance, sales, supply chain, and customer engagement. Yet, we find that traditional ERP systems fall short of their potential for many businesses. Data silos prevent collaboration, poor data quality erodes trust, and slow reporting hampers decision-making. These challenges result in operational headaches…
Background Since 2004, an emergency medical services organization has used a highly customized version of Microsoft Dynamics GP, with many ISV’s and standalone applications. Over time, GP was no longer managing the organization’s highly complex pricing, rebates, and commission processes with large volumes of transactions, and did not provide them with an enterprise-wide data and…
