The electronics industry is faced with the most dynamic challenges of any industry. With fierce global competition these firms must compete with how rapidly they can develop and launch new products, especially when they are faced with constant change. In order to be competitive and effective, the firm must incorporate change as a normal business procedure. Implementing a highly-flexible ERP solution can help make some of these day-to-day challenges a little bit easier and therefore creating a more efficient workplace.

 

Published in blog

A good enterprise resource planning system needs many different moving parts working together to ensure success. Those with ERP experience know that having the support of top executives and getting them to buy into a change or upgrade early on is crucial. Complete and current documentation of business practices is needed on a practical level as well. This makes sure that the ERP partner working with a business is helping to select the right platform and the correct components to boost efficiency and visibility and improve return on investment.

Training and education is another key for a good, useful and long-lived ERP system. Here's a run-down of concepts that businesses need to focus on to make sure adoption and knowledge among employees is as strong as possible:

Consider all the parts of ERP learning: A great ERP partner will help provide the technical education that employees need to access and use a system competently and offer ongoing support and troubleshooting. What an ERP partner can't do is encourage adoption and understanding in the long term. This task necessarily falls on the managers, executives and ERP transition team at a company. Businesses need to start this process before a new system is close to being ready for use. Simply put, major upgrades or an entirely new ERP platform can cause concern and frustration among employees. After all, they have to learn new and different processes, make changes to daily routines and deal with the additional training efforts potentially taking up part of their already busy schedules.

Because of the potential for employees to view the addition of a new ERP system as a negative because of the perception that it creates more work, business leaders have to show their staff the positives of a new system. Acknowledge that there will be more work in the short term, but streamlined workflows, better visibility into business data and other advantages will make their jobs easier for years to come after the new platform has been installed. This is where the implementation team and company leadership need to understand the difference between technical training and employee education related to the benefits of a new system on an individual level. Generating employee buy-in makes it much easier to get the most out of ERP and start realising ROI.

Make sure there's enough time: ERP education can take up a lot of time between technical training and convincing employees to embrace the change. The implementation team at a business needs to make sure that they've built in enough time for all the educational efforts needed. Trying to squeeze training activities into a short period of time or overloading employees is a good way to sour the general opinion of a new system and make adoption and successful daily use much bigger battles than they have to be. This is a relatively minor consideration that can be handled by creating an educational schedule, but can be overlooked in the face of larger or more immediate concerns.

Know that not everyone learns the same way: People have the most effective learning experiences in different ways - some people learn best through visuals, others through hearing and still more from reading or taking notes. Tech Target pointed out that a lack of educational options means it's harder for some staff members to learn. Businesses need to use their resources to provide things like cheat sheets and instructions, hands-on learning demonstrations and other supplemental materials and events. These are the materials that will get the message across to employees regardless of their preferred learning styles.

Published in blog

This Blog details how investing in ERP software can improve your Company’s decision making process.

We buy tools to make products and to increase the work capacity, we install machines and for designing and selling products, we hire people; because we know they are needed for the business growth. Information Technology and software has become a basic need in our day to day life and when it comes to run a business, whether a small or medium sized, one way or the other we are dependent on them.  As long as you can manage spreadsheets and other basic software like Sage for invoicing, account management, you avoid spending capital on other software or technology to materialise the similar need. (That can make your work much easier and quicker).

Enterprise Resource Planning (ERP) software has become very popular among large Industries as they use to run their businesses through it. If you think ERP Software is not affordable or you are not aware of its real benefits then this article will help you to know why ERP is real value for the business.

It is important to highlight a few things about ERP and its utilisation in the business process. ERP is business management software which is developed to manage typical enterprise; it is an integrated application that improves the business decision by creating information from every part available to throughout your business operations. Company’s use to handle and store data from every level of business, starting from product, planning cost development, invoicing, accounting, marketing and sales order entry, manufacturing, shipping and payment, financial, warehousing, payroll. ERP software has the collective source of master data which tracks the record of customers / buyers, vendors, product bill, manufacturing work processes and many other records. By maintaining such records help company to improve consistently with the same set of Information. Most of the small sized companies are used to work on Sage and spreadsheets but as the business grows these software starts impacting business results in actual ways which affects the bottom line i.e. lost data, missed shipments, invoicing and so on.

Although Sage provides solutions to many small businesses and it is the most users friendly software but it has certain limitations and still far from being integrated ERP with proper control of auditing and scale the end to end business operations. 

Here are more benefits of ERP:

  • It uplifts sales performance.
  • It improves the visibility of organisation’s financial growth.
  • It helps in managing business operations.
  • It reduces labour costs.
  • ERP improves product’s delivery on time.
  • By consistent business processes and polices throughout the organization it improves customer services and profitability.
  • It upgrades control and planning record

 

ERP software is cost effective, affordable and can be easily customised according to the nature of business i.e. General Manufacturing, Retail, CPG, Life Sciences, Process, Distribution, and Service Industries.

Published in blog

Profitsflow.com is pleased to inform that it’s technology partner, Nottingham based Exel Computer Systems plc, celebrates 30 years in operation this year. Established in 1985, Exel is a leading force in the provision of integrated business solutions for manufacturing companies and field service providers.  Profitsflow.com is proud to work in conjunction with the innovative firm, serving an increasingly diverse customer base, which includes medium and large manufacturing and field service companies. As authors of the EFACS E/8, Eagle Field Service and Eagle Facilities Management systems Exel and Profitsflow.com are well positioned to assist their customers to achieve competitive advantage through the deployment of a state-of-the-art business solution.

It was back in 1985 that Dr John Ellis, Exel's founder and current Chairman, established Exel Computer Systems having recognised a distinct market need for capacity planning systems whilst working on research projects at PERA. This led to the development of the first version of EFACS, a Unix and Informix based software solution for capacity planning and manufacturing. Over the last 30 years EFACS has grown from a capacity planning and production solution into a fully integrated comprehensive business solution, incorporating full ERP, Financials, CRM, Field Service, Document Management, Business Intelligence, Workflow, and Mobile Applications.

Profitsflow.com’s emphasis they place on continued product development and understanding real business needs through continuous support of, and close partnerships with their client base. In Ireland, Profitsflow.com provides local expert support and development services to a number of companies on Exel’s platform.  These companies span many diverse industries. It is testimony to our commitment to their customers that all of our earliest customers have upgraded to the latest version in order to benefit from our investment in technology and the new features available. 

Published in blog
Tuesday, 24 February 2015 00:00

ERP Solutions that Work

Enterprise Resource Planning (ERP) is a constantly evolving field. Every year we hear about new features, support models, and deployment options. But when it comes time to get a new ERP system, what is the best ERP platform?

ERP investments have a long life, typically 15 to 20 years. In order to determine which ERP system is best, we must explore each and every phase of the ERP lifecycle. We have to consider what drives people to actually acquire the ERP system, what leads to success during the deployment, and then we have to consider what IT leaders need to do to administer and maintain the system.

Obviously, an appropriate system has to be able to meet the base requirements of the enterprise. A manufacturing company, for example, must have the appropriate manufacturing modules. The best products, however, have features that address the problems that we see at each stage of the ERP project.

What are the differentiating features?

Data Integration: The ability to incorporate data from across the business.

Workflow: The ability to create and manage business processes.

Financial Consolidation: Functionality to incorporate data from different operating units and from different countries. These capabilities are key to both supporting executive projects and to supporting enterprise growth.

Budgeting: This presents a challenge for many ERP platforms. Budgeting processes require business leaders to review actual data and to make commitments on future spend and performance. Since this data isn’t just a record of an actual transaction, it can really stress rigid data models.

Data Management: Finally, a system should encourage clean data. Dirty data frustrates reporting, business growth, end users, and executives!

Published in blog

Unable to get data from your system

Your business needs to make important decisions, Poor reporting capabilities can delay a business and waste valuable time in improving the business.  Limited reporting capability can lead to a poor user experience which inhibits roll out and adoption of new products. Poor reporting capability also relates to vendor enablement - usually there is no simple way of getting all your suppliers on the system. And poor data which is heavily reliant on the data provided by suppliers.

 Old, “clunky”, unintuitive screens

Today’s global business world is more complex and interconnected than ever, constantly posing new challenges on productivity and business agility. There is therefore a growing demand among companies for enterprise applications that are intuitive and easy to use. ERP providers must improve their software in order to meet these demands.

  Lack of visibility of customer data

Nowadays, it’s all about Customer Relationship Management (CRM).  Do you have it? Is there effective communication with your business customers? Can your business specifically target markets with a marketing/email campaign? Is there inadequate customer contact and call centre support? Are there inadequate service options offered to your customers?

  Old systems cost more to maintain

Old ERP systems can take away the innovation from your company’s IT budget. How much of your business IT budget is devoted to innovation rather than maintenance? The mobile workforce can’t perform efficiently with an outdated ERP System.  Old ERP doesn’t satisfy the appetite for real-time information. Old ERP systems generally make reporting an onerous and error-prone exercise – leaving organisations to manually generate reports and create budget or forecast spreadsheets. To compete, businesses need modern ERP designed for today’s needs.

 Lack of or Poor support

Very often older products go “end of life” with no backup support available.  Sometimes, support can be made available via freelancers, old distribution agents for the product, or groups of individuals coming together with the objective of providing a support service in return for a secondary income.  Do you really want to put your business on the line?  These people may not be available when most needed.  And for those cases where there still is “official” support, it is often the case that one or two “seasoned” support consultants are retained to service the few remaining clients on that product or version.  New entrants to the support team are only trained on current products.  This can mean increased cost, lack of availability when most needed, and ultimately longer down time.

Published in blog