If you haven’t heard, sales tax audits are on the rise and that trend is likely to continue for some time. In fact with record budget shortfalls, States are discovering that they can tap into additional revenue by auditing existing businesses, looking for loopholes of non-compliance.
You’ve probably heard the old saying “a picture is worth a thousand words.” Apparently Sage Software agrees as evidenced by the multitude of new graphical views and charting tools delivered with newer versions of Sage 100 ERP and Sage 500 ERP. These new charting tools and dashboards convert huge volumes of raw data into visual queues that will help you make more informed decisions and set your business on a course to success. So let’s take a quick look at the value of dashboard‐style reporting and analysis.
If your business still “cuts checks” the old‐fashioned way, you already know that Accounts payable processing can be highly resource‐intensive. But with the roll out of Product Update 2 for Sage ERP MAS 90 and MAS 200 Version 4.4, Accounts Payable has gone online with new features that combine the efficiency of ACH with the security of Positive Pay.
With the upsurge in offshoring and global outsourcing, many companies are extending their supply chain by purchasing goods from overseas. While this change in business philosophy enables goods to be purchased at significantly reduced costs, it introduces additional challenges into the management of the supply chain.
Trading partner reluctance to connect electronically can be so considerable efforts can easily fail, leaving few companies to achieve any significant advantages. Effectively communicating the above benefits and involving partners in the process of establishing the right tools will help breakdown barriers to collaboration. This "win/win" scenario provides the incentive for suppliers to make the process and technology changes that will ensure success for all parties (by Tom Heinricher, Senior Business Consultant).
Ok, it isn’t exactly a news flash that the global economy has slowed to a crawl. You know the story … companies laying off workers and watching sales decline. The question is, what can you do to improve your company’s bottom line when revenue is drying up?
If you carry inventory, your warehousing processes can affect every dimension of your operations from purchasing and order processing to picking and shipping. If you think of your warehouse as nothing more than a cost center, you may want to reconsider because some of your competitors are turning their facilities into a competitive advantage using sophisticated warehouse management systems (WMS). Luckily for you, SWK Technology provides the tools you need to convert your warehouse from an inefficient cost center to a smooth-running profit-making machine.