White Papers on topics relating to business and accounting software issues.
Better Inventory Management through Lot Tracking
Why the laws and regulations surrounding consumer protection and health issues necessitate ever speedier, precise and efficient item tracking.
Simple, effective daily tracking of a product (by batch or lot) is a business necessity, which is especially true for food and pharmaceutical distributors where high quality control is critical – but equally important for any distributor. Why is this so?
Compliance with global and trade regulations, consumer protection legislation or agricultural bioterrorism laws make it imperative for distributors to have complete, accurate inventory tracking.
Efficient and timely tracing of an item’s origins and buyers during a product recall can make – or break – a company. Effective lot tracking software can be the ultimate tool in providing this necessary information with minimal downtime.
Many distributors fail to effectively track products because of the extra time and expense necessitated by manual record keeping. In addition to the probability of human error, these records are physically cumbersome, needing maintenance and storage space. An automated lot tracking system not only tracks items throughout the distribution chain, but also provides cost tracking and basic Return Material Authorization (RMA) – all error-free, with minimal space and maintenance requirements.
Click here to download a free white paper on Better Inventory Management through Lot Tracking
Business Intelligence for the SME
Business Intelligence is becoming important to small and mid-size businesses in order to enhance fast and effective decision making. So why do small and mid-sized businesses find it so hard to understand the value that BI provides?
This White Paper will explain the barriers and benefits of Business Intelligence and will highlight the four basic stages: information; technology; “intelligence”; and implementation and communication of Business Intelligence that will lead to its ultimate success inside the business.
It will show that SMEs that don’t adopt BI technology will run the risk of making poor decisions, will be unaware of company inefficiencies, and will base decisions on accurate but inappropriate data. However, for the SME competing in an increasingly data-driven market, the ability to access and process information with speed and accuracy is critical.
Ultimately, making effective use of Business Intelligence will be the hallmark of the well-managed SME, showing that it is an enterprise that can always answer crucial business questions, ensuring timely, accurate, information-based business decisions.
Click here to download a free white paper on Business Intelligence for the SME
Save Time and Money When Buying Software
Upgrading or replacing business or accounting software is a continuous and necessary component of today's business budget. In fact, "software applications... were due for upgrades in 2004 by 40 percent of those recently surveyed," according to International Data Group.
Software developers continuously enhance their offerings, often forcing an overhaul of computer systems in order to properly work the improved versions. Business owners find they must update or replace software every 30 - 50 months. But knowing this, and actually making the decision - investing research time, and reworking the budget - is not easy. The need is for a simple, comprehensive and adaptable plan to deal effectively with the recurring situation.
Integrity and Reliability = Trustworthy Accounting
Recent accounting scandals, highlighted by cases at Enron, Arthur Andersen, WorldCom and Qwest, have emphasized the need for corporate governance, especially responsible corporate accounting.
Integrity and reliability are increasingly an essential part of all business components - in people, transactions, and software. Microsoft recently addressed the issue with its 'Trustworthy Computing Initiative' . It is essential that businesses not only use responsible accounting methods, but also that they can rely on those methods to be accurate.
Build a Truly Profitable Business...
...by understanding and trapping your true costs.
Landed costs are those sometimes hidden costs that are involved in making goods available for sale. Typical landed costs might include freight, duties, handling fees, and other charges that, if ignored, would distort the cost of the product being sold. While many software systems include basic landed cost tracking, a new breed of software systems is evolving to provide business owners with greater control over how landed costs are applied...
Click here to download a free white paper discussing how to stay on top of your true costs.
