Saturday, February 4, 2017

Achieve Business Growth with Wise ERP Management

Achieve Business Growth with Wise ERP Management


Business Growth with Wise ERP Management

By: Ian Wanamaker

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Tekoa ERP
www.TekoaERP.com


The best problem you can have in businessis that your company is gettingbig, bigger than you ever imagined, too big maybe. This is the "problem" that Goldbelt Incorporated is currently facing. For the last two summers I have worked as an intern with Goldbelt,most recently in the accounting department, Goldbelt is a regionalAlaska Native Corporation formed under ANCSA(the Alaska NativeClaims Settlement Act). Goldbelt made its start as a corporation in 1971when the federal government issued them a chunkof land, a lump sum of cash, and many shareholders. From those humble beginnings Goldbelthas grown into an international Corporation based in Alaska but with headquarters in Virgina, and subsidiaries around the U.S and some in South America.

 

The reason it is an "issue" that Goldbelt has gotten so large is that a serious overhaul is needed to get all of their subsidiaries to localize and centralize their information in a central ERP. There are many reasons this is necessary but here is one such example: One company that Goldbelt owns is the Mt. Roberts Tramway in Juneau, Alaska. The tramway is a tourist attraction with 3 major departments; ticketing. retail, and a restaurant. Each of these departments is run on a separate software with retail using Microsoft Point of Sale, the restaurant using Squirrel software, and ticketing using a ticketing software. Each of these 3 departments book keeping is done at Goldbelt Headquarters using Sage ERP, however the managers of each department attempt to run their own business analysis.

 

As you can imagine, it gets a little hectic.Thats why Goldbeltis opening a central service center.This central service center will provide book keeping. and business and management analysis,as well as provide a service center for life insurance and other benefits.While this center is still in the development stages management is planning to operate in the cloud so that each subsidiaryand each department can have real time access to information they need. This will also eliminate the inconvenience of sending physical file folders, or emails containing zip file on top of zip file (as I had to do many times as an intern).
 
In conclusion, by operating in the cloud, and centralizing their ERP Goldbelt is going to be able to manage its growth, upgrade their ability to analyze information, and probably save themselves some money (as well as a headache) in the future. This overhaul is still taking place, but it is a big step in the right direction.
 

Ian Wanamaker is a business and accounting specialist at Whitworth University


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