Making mistakes is part of life and business and can often lead us to make better decisions and smarter moves in the future. But some mistakes are costly, frustrating, and better off avoided - like those that often happen during ERP implementation.
If you're trying to improve your personal financial position, one of the most popular tactics is tracking your spending. You carefully monitor each dollar that comes in and out of your account and pay attention to what you're spending your money on. Seeing this makes it easier to change your spending habits and prioritise what you buy, and when.
It’s no secret that data is the driving force behind business. It can tell you when there’s a good opportunity to upsell, when to improve customer service, or when a customer is at risk of not meeting their payments. It can tell you when to take that risk, and when to hold back.
Upgrading your business software is a big decision. Particularly for smaller businesses, who are likely making a big investment in the hopes it will boost their capabilities, operations and – ultimately – profits.
It’s safe to say that digital transformation is one of the buzzwords of the year. It sounds complex, but the premise is quite simple: using technology to automate processes and deliver better information. The process doesn’t disappear; it’s just done electronically rather than manually.