By 2018, Gartner predicts that half of large organisations will be using Business Intelligence (BI) and advanced analytics. As businesses toil against uninformed decision-making, BI functionality is becoming more desirable.
Business Management software has gone from being a luxury item to a necessity. Whether you’re a small- to medium-sized business or a global conglomerate, having the right accounting and business management system can make or break you.
Your business has outgrown your current system and you’ve decided enough is enough. You need to change.
Now you’re searching for the solution that will solve some business problems and you’ve decided that an ERP system is the way to go. However, before you get started you might want to know about some common ‘gotchas’ to avoid.
Insight-driven inventory management lets businesses move on from the reactive processes of the past and become forward looking and proactive. This approach can result in substantial reductions in cost of goods sold and a marked increases in gross margin return on inventory.