ERP SOS – Data Security an Impending Risk

    Preventable security issues have brought down many businesses. With the right security practices, you can reduce their likelihood of data breaches and minimize the damage if one occurs.   The importance of…

ERP SOS – Stock Outs leading to Lost Opportunities

    Effectively managing inventory promotes more efficient use of precious working capital, helping to maintain optimal stock frees working capital and prevents losses due to stock-out.   The primary benefit of…

ERP SOS – Shrinking Margins increasing Risk and Exposure

  Growth can be detrimental to company health, customer satisfaction, and accuracy as the company struggles to keep up with demand.   Maybe you’ve expanded beyond your original product line to diversify your business.…

ERP SOS – Changing Market affecting Sales and Planning

    Since globalization shrinks the market for many sectors, it is critical to seek all instruments to provide your company with a competitive advantage. For many companies, this is achieved through the use of ERP.   With…

ERP SOS – Disruption and Delays hindering Growth

    While you can’t control the outside forces disrupting your business, you can adapt your business to increase your own resilience.   The World Economic Forum says the magnitude of this unprecedented crisis…

ERP SOS – Lack of Time hindering Strategy and Growth

  Every company leader has goals for the future, and the right ERP system can be the difference between meeting those goals consistently or constantly playing catch-up.   Our economic system engenders corporate growth. It’s…

ERP SOS – Higher Costs chewing into Profitability

  In today’s competitive, volatile and financially challenging world, reducing operating costs has become a need of the hour to run a lean and efficient organization.   ERP (Enterprise Resource Planning) software is…

ERP SOS – Fraud wiping out Profit

    Fraud and corruption are realities of our time. It is naive to believe that any institution or organization is immune.   The old adage “prevention is better than cure” most definitely rings true. Prevention…

ERP SOS – Credit Exposure Impacting Cash flow and Bad Debt

  The escalating challenge posed by mounting bad debts underscores the necessity for conducting comprehensive credit risk analysis for every customer seeking credit-based transactions.   Credit management isn’t just…

ERP SOS – Competition is reducing Sales

  To stop losing customers to the competition, you need to make your customers feel valued, understand who your competition is, and offer your customers more value.   At the nucleus of competitive selling, there’s a…