Business Automation and Software Blog

Quality management (QM) is the series of steps that ensures activities required to make products are performed to the highest possible standards. QM requires a commitment from everyone involved in the company, from the executive suites to the shop floor, to follow the stated quality policy. As a manufacturer interested in introducing QM to your facility, you need to know the specific strategies needed to make it a success.

As we begin 2024, we see a mixed bag of conditions for U.S. businesses. While the global pandemic has officially ended, it doesn’t mean we have returned to “business as usual.” Businesses of all types are trying to cope with the continued shortage of qualified employees. At the same time, artificial intelligence (AI) tools are being used more often in the business world. It’s difficult to predict precisely how 2024 ERP trends will develop, but there is no doubt it will be an exciting year for business owners.

Before your company embarks on an Enterprise Resource Planning (ERP) implementation journey, it’s crucial to build a business case to calculate the potential ERP ROI (Return on Investment), Taking this step will shine a light into all the corners of the business to reveal the challenges and pain points that are holding the business back.

In the AI age, reskilling workers has become necessary to prepare employees for new career opportunities. Modern automation is creating a change in the employment landscape of a type we have never encountered before. According to the Harvard Business Review, millions of people are likely to be impacted by this latest technological development. As modern software takes over more and more repetitive tasks, humans are no longer needed to perform them in the workplace. Employers have an important role to play in the new, developing employment situation and it’s not too late for more of them to get on board.

Keeping track of goods is one of the most challenging aspects of running a business that carries inventory. If you have been relying on spreadsheets or another outdated system to manage your inventory records, you have no doubt been finding the process challenging. Deciding to use AI in inventory management means the records will always be up to date, along with several other advantages.

Data is a critical resource for modern companies. The drive for improved access to data-driven tools for making decisions has created challenges for managing and delivering data to users in formats that can easily be used daily. Company owners and managers need ERP business intelligence software to provide access to easy-to-digest reports, charts, etc. Embedded analytics fill this requirement and allow employees to work with fresh data quickly.

Artificial intelligence (AI) has become a transformative force in multiple industries, including manufacturing. AI in manufacturing has introduced a significant change in the industry with its potential to impact production, improve efficiency, and drive innovation.

For today’s manufacturing and distribution companies, inventory management automation is the answer to issues they are having with forecasting, tracking inventory, and fulfilling orders promptly. Access to more real-time data and a higher level of transparency streamlines business processes.

Traditionally, a company’s Chief Financial Officer is responsible for overseeing its business budget, including planning and forecasting. The 2022 edition of Sage Global Planning, Budgeting, Forecasting, and Reporting survey addressed this trend and included details about how leading company CFOs approach these business practices.

Accounting software in the cloud is quickly becoming a common choice for many businesses. According to Gartner Research, the majority of companies plan to implement a cloud-first strategy by 2025.

Changing a company’s financial management and business systems to the cloud may seem like a daunting task. Numerous organizations have concerns about whether they have the right combination of personnel, skills, and technology available to put this type of digital transformation in place.