5 Advantages of ERP Software

If you want an all-in-one software for all workflow across your business’ departments, ERP Software Systems is definitely the solution for you! Whether you import raw materials (manufacturing) or retail products from abroad, your company will surely be better off with ERP solutions. Here are the reasons why:

• Integration to a Single Software Application.

  All the processes in all departments like Finance, Accounting, Human Resources, Logistics, and Marketing/Sales will be shown to you on one screen.

• Easy Functions.

  You will be able to check orders, track inventory, see improvements in revenues and sales, and more. This is especially important to import and export clients who need to always be on the lookout for more income and minimize on unnecessary expenses.

• Unified Reporting System.

  With all the work across all departments in one application, you will have a better working knowledge of what is going on and can better analyze statistics.

• Collaboration Across Departments.

  ERP solutions will give you better visibility across all departments and will enable faster and smarter work output. Your employees can work smarter instead of harder and you will thank ERP for enabling them to do so.

• Business Intelligence Functions.

  Now your ERP system will be able to give insight for you to have better decisions. It will give you insight on how to improve a current business process, as well as identify areas for improvement.

Running a business can be difficult at the start, but if you run it smart, you can focus on growing it more than running it. Getting smart tools to aide you will allow you to earn more with less effort. If you’re looking for ERP solutions, ERP Consulting LLC can help grow your business!

We offer Microsoft Dynamics GP in Pataskala Ohio that overlooks all including Financial Management, Languages, Business Intelligence and Reporting, Human Resource Management, Supply Chain Management, Configuration and Development, Customer Relationship Management, and Project Management.

About ERP Consulting LLC

We offer dynamic ERP solutions in Pataskala, Ohio. Our President and Manager, Michael J. Taranto, has had 25 years of success in the consulting business where he offers his experience in all aspects of running a successful business. For more information about us, check out our Web site at erpconsultingllc.com or give us a call at 740-951-0220. Let us know how we can help you grow your business and earn more today!

Fundamental Costs of Start-up Business

The country’s economy today heavily relies on various corporations, partnerships and sole proprietors. Owners, partners, directors and stockholders of these business establishments and the government practice a mutual relationship. These businessmen provide employment and basic needs of the community’s citizen while the government protects their businesses through passing statutes which regulate the mechanism of trade. Hence, every business idea will be useful to the community and to the entrepreneur who earns money through that idea. Also, businesses are essential in the country’s economic survival. Despite these benefits and advantages, not all business ideas become applied and come into existence. No matter how novel and noble an idea is, it would be in futile if you do not have the capital to start-up the application of such. So, what are the possible costs you will incur once you want to start your own business? Here are some of the costs you should consider as enumerated by ERP Consulting LLC.

• Research Cost

  Nobody would want to go into a battle unprepared; and this is the very reason why every business idea should undergo a long period of rigorous, accurate and detailed research. The research necessary before beginning your business is not entirely about your proposed product or service per se.

  Before entering the market, you should also check the financial condition of your target market, the economic status of your community and the need for the particular product or service you are about to launch.

  If you fail to conduct a well-versed research, you will be preparing to fail.

• License and Permit Fees

  Whatever your business idea is, if you are serious and are willing to pursue it, you have to be prepared of the requirements laid down by the government. Whether it is a product or service, the government will conduct inspections on the place where you are to manufacture, distribute or carry out your product or service.

  Moreover, starting-up of any business has a corresponding license and permit fees provided for by the applicable statutes in your location. You will have to file the required documents plus the fees before you can begin your business operations.

  This is one of the consequences of the mutual relationship between business owners and the state.

• Supplies and Equipment Expenses

  No business establishment can operate without the basic materials at their place of business. In fact, even service-providers need office supplies before they can start to work.

  For this reason, you should also take into account the amount you will need to pay for the pieces of furniture, machineries, raw materials and all other things you would need to create your product or offer your services to your clients or customers.

  In choosing supplies and equipment, you should remember to not just look at the price but also their durability and quality.

• Marketing Expenses

  What is a product without an end-user? What good is a service without a client or customer?

  A product, if not purchased, is nothing. Each service, without anyone who appreciates it, is for naught. Thus, every establishment shall capture their market through various marketing strategies like advertising and promotions.

  To persuade people to purchase what you offer, you have to take into consideration the fundamentals of marketing:

  • You should offer a need.
  • If not, you have to make them need it.
• Employee Fees

  Even if a business sells product alone, the owner would still need manpower to do certain acts in the furtherance of manufacturing or producing the object to be sold. More so, service-providers would necessitate employees who will be trained to carry out specific tasks for the company’s clients.

  Therefore, as an owner, you should also take into account the probable costs of hiring your employees. You can start with reading the applicable labor laws on the matter to know the minimum price of hiring the people you need, as well as their rights which you need to consider.

Manpower is the best asset of every business, you should take care of yours even before you start-up your business operations. Being an entrepreneur could be very fulfilling, financially and morally. However, you should monitor your business well; otherwise your efforts would be pointless. To help and guide you in monitoring your business, you can seek the help of experts of ERP Consulting LLC, your provider of Microsoft Dynamics GP in Pataskala Ohio and your professional partner for growth.

Steps to Pricing Your Imported Items

Distributors and manufacturers deal with landed cost every day. The Business Dictionary defines landed cost as “the total cost of a landed shipment including purchase price, freight, insurance, and other costs up to the port of destination.” Landed cost may also include other taxes involved in the shipment such as customs duties and VAT. Landed cost is an important factor in coming up with a pricing strategy for products manufactured. It is crucial for companies who import goods for distribution or raw materials for product manufacturing to understand how much landed cost is or how it should be calculated in order to gauge profitability and pricing margins. Here are the steps to pricing your imported items with careful consideration of the landed cost:

• Ensure you have all your costs accounted for. This pertains to all costs associated with getting your products from the supplier up until they reach your warehouse. You will be surprised with all the costs involved in your shipment. These are just few of the costs you will encounter:
  • Freight charges
  • Handling fees
  • VAT
  • Payment fees
  • Custom duties
  • Document fees
• Determine the landed cost. As defined above, your landed cost is the value of your goods, which is the supplier price multiplied by the rate of exchange (ROE), plus all the shipping fees, duties, ancillary costs, handling costs and associated costs.
• Make use of this formula to determine you selling price: (Cost of goods x ROE) + freight and shipping costs + duties and fees + markup + VAT = selling price

However, if you are a company that deals with numerous shipments abroad twice or thrice every few weeks, tracking of the costs manually would take ages for you to finish. You would need an ERP software to make things easier for you. ERP Consulting LLC is a company that provides an ERP software, Microsoft Dynamics GP in Pataskala Ohio. Microsoft Dynamics GP is an enterprise resource planning (ERP) software systems for SMEs or small and medium-sized enterprises. It is a solution provided by ERP Consulting LLC to help businesses manage their financial transactions, inventory and operations. If you want to make use of the Microsoft Dynamics GP in Pataskala Ohio today, call ERP Consulting LLC at 740-951-0220 or email your queries at mtaranto@erpconsultingLLC.com.

Does Your Business Need ERP Software? (Part II)

Because having the need to assess the performance of our business is a must, ERP Consulting LLC, an expert of utilizing Microsoft Dynamics GP in Pataskala Ohio, wants to share with you additional warning signs if your business processes are in need of a quality and reliable ERP software. So without any further ado, here are more signs and symptoms if your business needs ERP Software.

• Impressing the customers are now almost impossible

  A growing business is the dream of every business owner alive but when the company grows, it will be harder to reach out to the needs of each and every one of the trade’s customers.

  If you are the customer, you want things fast because you still have other things to do. Making these important clients wait in line or delivering their goods and services late is a crime. What better way to keep the production, services and even delivery fast than to go for Microsoft Dynamics GP?

• Having an awfully complex and time-consuming IT

  One of the biggest letdowns of having loads of systems across your business is when the IT management becomes an outlandish battlefield. Having to customize a system, while integrating and maintaining them at the same time, is easier said than done.

  Rather than going for more software to use, why not utilize one that is efficient in becoming all of those software. Such is the wonder of using Microsoft Dynamics GP. It will not only save you the complexity but also the time needed to process everything.

Being in a business takes a lot of time and experience. There are times when your methods prevail and there are also moments when these procedures fail. All business owners need to stand the demands of time. But in a world lead by technology, we can now go beyond our capabilities through utilizing various devices to make our production, sales and services faster and more proficient than ever before. If you have ever experienced the troubles we listed above and on our previous blog, you need to switch to an easier and more effective system, which is the ERP System. But what is the most suitable program to use? ERP Consulting LLC recommends you to go for Microsoft Dynamics GP, a steadfast ERP System that only fails if you do not give it a chance. Speaking of giving this program a chance, you can ask us for help if you find using it difficult. We are available 24/7 if you access our website at www.erpconsultingllc.com.

Does Your Business Need ERP Software? (Part I)

Now that your business is growing and many people rely on you for employment, different kinds of problems start to emerge. Rather than being solid figures, the forecasts of your sales will be more inclined to your instincts and guesses. The order volumes coming in and items going out to be delivered seem annoyingly endless. Your warehouse looks more of like a junkyard and you do not have any clue and do not want to have an idea about the quantity of your inventory. If you have lost most of your sleep and peace of mind trying to figure out what is wrong with your system, then you should start venturing on the ERP Software. Read on down below to discover what are the different signs and symptoms your current business venture has in order to remedy it with the ERP system.

• Having diverse software to process your transactions and productions

  If there are a variety of systems and programs that run wild in your business’s processes, you need to consolidate them in one method so that you and your employees can record transactions and go about work smoothly.

  Microsoft Dynamics GP, the ideal ERP software for your trade, has the capability to function as different kinds of systems and processes so that your business function will only rely on one database. With this, you do not have to go about hopping from one software to another.

• Obtaining easy access to different data about your business still remains a problem

  Are there times when someone asked certain information about your business, let us say your sales margin, and you panic as you search in the vast sea of information stored in your system? And when you do find the needed info, you found out that you wasted a lot of minutes or even hours looking for it.

  With Microsoft Dynamics GP, the pace of your business will be a hundred times faster.

• Accounting takes forever to process One technique to know if your trade needs reliable ERP software like Microsoft Dynamics GP is to check on your accounting department. Do your employees find the process difficult? Are the clients waiting in a long line? Step up your game. You do not have to keep everything manual. Get them automated!

Those are just some of the signs and symptoms you need to look out for in order to tell if you need to level up the way you do business. If you have questions on how to use Microsoft Dynamics GP in Pataskala Ohio, ERP Consulting LLC is the right mentor for you. Go to our website at www.erpconsultingllc.com.

4 Benefits of Microsoft Dynamic GP’s Collection Management

Collections can be a really tedious process and, when mishandled, can cause a major financial trouble. Good thing, Microsoft Dynamics GP, a solution that we, at ERP Consulting LLC, a company that implements Dynamics GP in Pataskala Ohio, has a feature called Collections Management, a tool that will streamline collection process and reports.
 Here are some of the ways your company can benefit from the Collection Management system:

1. Decrease DSO
Days Sales Outstanding (DSO) is a necessary statistic in determining your Accounts Receivable, the money debtors owe you. DSO determines your sales and how fast you get paid for it, therefore it’s a way to know how efficient your collection process is. Microsoft Dynamic GP’s collection management feature will help you keep track of it in order to easily realize your Return of Investment.

2. Keep Payments History and Notes Centralized
Collections Management has a centralized area for tracking notes, arranging follow-ups, and setting actions on invoices. With Microsoft Dynamics GP, everything is there, from creating actions to keeping histories and notes on customer invoices. Having a centralized area for contact and collections information will boost your company’s efficiency.

3. Automate Follow-Ups and Collections A feature called “Collections Plans” will suggest all the customers you need to contact, as well as, automate all the steps in the collection process. It helps reduce your time searching for customers, creating e-mails, and manually attaching invoices. This system has a sequence of actions that are automatically suggested according a particular invoice’s due date. With this, you will significantly reduce the time to be allocated in organizing data and communicating with your clients, and be able to concentrate on other aspects of your business.

4. Simplify Reports Generation It provides a summary of Account Receivables and enables you to view information by collector, by national account, or by a group of customers. It also includes “SmartList”, a tool to dissect data, and a performance report for every collector. All these things will deal with the problems that customers have and the inefficiencies of the collectors.

The points above explain how the Collections Management feature of Dynamic GP, a business solution that we offer here, at ERP Consulting LLC, the leading source for Dynamics GP in Pataskala Ohio, enables you to enhance your cash flow and prevent financial mismanagement resulting to bad debts. Timely collection of receivables is very important in business as it promotes better cash flow. With Dynamics GP, you can be sure to have a more efficient and productive collections process. To get Dynamics GP in Pataskala Ohio, schedule an appointment with us, at ERP Consulting LLC, anytime. Call us at 614-207-1782.

The report has a reference to a dimension called main account category using Management Reporter

I was trying to run a report for a client in management reporter. I received and error I had not come up against. The message was the report has a reference to a dimension called main account category. I then looked at the row definition and found that it referenced not only the GP categories but also had a column referring to AX.






To fix this I opened the row layout. I then went to edit - row links and deleted the reference to AX. Report ran fine. Hope this helps.

Highlights of Microsoft Dynamics GP

Microsoft Dynamics GP, the solution we promote here, at ERP Consulting LLC, a trusted consultancy firm that implements Microsoft Dynamics GP in Pataskala Ohio, is an accounting software and ERP solution that is designed to meet the needs of companies, especially the small and medium scales, to make their systems more efficient and help their business grow successfully. Microsoft Dynamics GP helps improve every aspect of your business, including financial management, supply chain management, reports, smart decision-making processes, and more.

Microsoft Dynamics GP is packed with features, familiar and new, that meets all the needs of your business to grow and improve and that is why we, at ERP Consulting LLC, choose to promote Microsoft Dynamics GP in Pataskala Ohio for our clients to have the best ERP solution for their businesses. The following are some of its key features:

Familiar and Easily Adaptable

Microsoft Dynamics GP provides you with robust out-of-the-box functionalities that are very easy to learn and use as they are designed similarly and works with other Microsoft applications that people, and your employees, use every day, such as Outlook, Word, and Excel.

Boosts Productivity

Microsoft Dynamics GP allows you to integrate and automate all your financial and operational processes quickly and smoothly. As a result, the ability of your employees and customers to exchange and share data will be greatly enhanced. This boost in productive is mostly because of the following reasons:

• It is highly scalable, with a proven scalability to at least 1,000 users and provides you with robust functionality across financials, manufacturing, service, distribution, and integrated Customer Relationship Management.
• Recent Studies conducted by Nucleus Research show that 87% of the clients implementing Microsoft Dynamics GP achieved a positive Return of Investment from their deployment.
• The software provides users with an individualized and role-based experience so they don’t have to worry about learning more things other than the navigations and functions relevant to their tasks which would otherwise be a waste of training time and costs.
• It provides the users with detailed and up-to-date reports, as well as notifications on what specific actions they have to perform, in order for them to make smart decisions quickly and effectively.
• Every single record and information can be sharable to avoid miscommunications and conflicts.

Enables Better Decision-Making

Because it provides the administration and decision-makers great visibility of the business and all the processes involved, it will enable them to make smarter decisions towards improvement and efficiency of the business.

Managing and growing a company can be simpler, having an ERP solution that provides you will all the major assistance you need. To get Microsoft Dynamics GP in Pataskala Ohio, you can set an appointment with us, at ERP Consulting LLC, by calling 614-207-1782.

Advantages of Microsoft Dynamics GP vs. Other ERP Solutions

Today, there are a number of ERP software available in the market. However, to promote your business’ growth and efficiency, it is imperative that you choose the best ERP solution that will provide you and your employees with features and functionalities that altogether brings in productivity and company growth. That is the kind of business solution provided by Microsoft Dynamics GP, an ERP Solution we implement for our clients at ERP Consulting LLC, a reliable consultancy firm that implements Dynamics GP in Pataskala Ohio. Here are some of the features that makes Microsoft Dynamics GP better than most of its competitors.

Variety of Deployment Options

Unlike most ERP solutions that only offer one deployment option, which is not very appropriate for a growing or constantly changing company, Microsoft Dynamics GP will let you control your deployment options and data. You can decide between running your system in an on-demand environment or on-premise, and even a combination of the two. Furthermore, you can decide to change the deployment option of your choice any time, bringing your data with you, if your business requires it.

Comes with More Powerful Functionalities

Compared to other ERP solutions, Microsoft Dynamics GP has almost all of the applications needed by companies for them to have a great advantage. These applications include Payroll, Budgeting, Fixed Assets, Manufacturing, Project Costing, and Multi-National Accounting.

Complete with Customization Tools

Microsoft Dynamics GP gives you a wide range of customization options, beginning from end-user customization to system integration and customization, unlike other ERP solutions that will disable you from controlling neither the software nor your data.

User-Friendly

Microsoft Dynamics GP has a familiar design that is similar to and works like other Microsoft Office applications, such as Outlook, Word, and Excel. This will enable the users to be comfortable and familiar with the software, increasing the rate of their adaption to the new system and reducing training time and expenses.

Larger Number of Certified Partners

Unlike most of its competitors, Microsoft Dynamics GP has more than 2,000 implementation partners worldwide, including us, at ERP Consulting LLC, a trusted firm that implements Dynamics GP in Pataskala Ohio, so you can be sure that you will have the quick and quality support you need before, during, and after the ERP deployment.

Those are just some of the things that gives Microsoft Dynamics an edge over any other ERP solutions. If you are looking for a company that implements Dynamics GP in Pataskala Ohio, look no further than ERP Consulting LLC and we will surely give you the support you need. Call us at 614-207-1782.