Business Automation and Software Blog

Your ERP manufacturing system already contains some form of AI. Certain types of artificial intelligence (AI) have been used for the past several years to augment ERP manufacturing systems, enabling them to process documents and transactions efficiently, and provide predictive analytics. What’s new to these systems is generative AI (GenAI), which provides intuitive, conversational interfaces. Integrating all three types of AI with your ERP manufacturing system brings many opportunities to tap into the data within the ERP to improve process efficiency, forecasting abilities, and automation.

Sage 300 2024 updates were released to customers starting in September 2023. These updates included new features, such as eInvoicing and HR integrations, as well as improved web screens, project and job costing screens, and much more. Below is an overview of the latest Sage 300 updates.

Enterprise resource planning (ERP) for manufacturing provides powerful software to maximize sales opportunities. One such opportunity lies within your company’s data. ERPs collect a large amount of data from everywhere in the company, enabling 360-degree visibility into all aspects of production, operations, sales, and distribution.

However, leveraging such data to find untapped sales is something that many manufacturers neglect. Are you leaving money on the table by not using your ERP for manufacturing to its fullest?

Artificial intelligence (AI) has changed the business landscape and how people work. This cutting-edge technology is responsible for transforming company operations, improving decision-making, and creating more personalized customer service. Specifically, AI positively impacts the CFO’s work in several ways and can potentially boost the company’s return on investment (ROI). Continue reading to discover how CFOs can use AI to make a difference in their organizations.

For some people, the idea of artificial intelligence (AI) in the workplace immediately brings to mind negative thoughts. They picture a scenario where "the machines have taken over," similar to the plot of the Terminator films. The truth is much more favorable for humans: we are collaborating with AI to perform several jobs, but there is no reason to believe that we must worry about Cyberdyne Systems running everything and humans having to go underground in real life.

Replace Accounting Software That Can’t Keep Pace as Your Company Grows

Your business is in a good place. New customers are coming on board, the number of orders is up, and the manufacturing division is growing. These are exciting times, but expansion presents many challenges, too. As the operation scales up, you will likely need to consider upgrading your manufacturing accounting system.

In the post-COVID era, many distributors find several factors squeezing their profitability. Hiring and retaining employees continues to be a challenge. Demand for products varies, and as well as lead time to replenish necessary stock varies, leading to shortages. Rising inflation pressures distributors to stay profitable due to consumers' increased demands and higher supply costs. The business environment for all distributors is good news; those focusing on operational efficiency outperform their competition. 

The right warehouse training encourages workers to commit to the company, inspires loyalty and creativity, and increases productivity. Warehouse team members’ training should take a two-pronged approach. First, it should give workers the skills they need to operate the machines and warehouse equipment they need to perform their job functions. Second, an effective training program must demonstrate to employees how their work is essential and required for the company to succeed.

Congratulations on choosing your customer relationship management (CRM) system! The next step for your company is to ensure that your team members complete CRM training. The training involves much more than ensuring that your team members have names and passwords so they can log in. Learning to use the CRM system effectively is a crucial step toward improving customer experiences and satisfaction rates. Teams must familiarize themselves with all of your CRM’s features to get the most out of this powerful software option.

When a company introduces ERP (enterprise resource planning) to manage day-to-day operations, it's a sign the business has moved on from startup mode. The business is generally well-established, with a steady stream of customers. A successful ERP implementation project requires setting the proper budget.

ERP implementation budgeting must carefully account for changes as the project evolves. The budget should include funding for research and getting quotes, any customization needed, maintenance and support, training, and a contingency fund to pay for unexpected costs.