Showing posts with label business. Show all posts
Showing posts with label business. Show all posts

Sunday, March 19, 2017

ERP Business Process Problems and Solutions

ERP Business Process Problems and Solutions


Common Business Process Problems and Solutions

By:  Taylor Farnsworth

Tekoa ERP
www.TekoaERP.com

There are several problems relating to business processes in todays enterprise. According to cmswire.com although many of these problems may be quite simple to take care of and eliminate, there seems to be five problems that continue to persist.

These five problems are: Bottlenecks, Paper Trails, Copies, Preparation, and Business Agility.


Problem 1: Bottlenecks

These information bottlenecks occur from "a lack of consideration of the value of particular information, or content, and its relevancy in the business process."

Possible Solution:
Research done by cmswire.com has found that enterprises must examine who needs this info, what info is essential, and whether or not it is needed in the current business process. Research also finds that enterprises must index or organize all of this information, and find a way to store the other information not being used.

Problem 2: Paper Trails

Today, enterprises are still using paper documents in their business process, which leaves valuable information vulnerable to loss, errors, and data theft.

Possible Solution:
The research done by cmswire.com "recommends a planned conversion of paper documents and records into digital information that can be entered, or taken out of business process, as needed, and which can be more easily found in the event of audits or other legal processes." This is an excellent solution to this problem because in today’s world, with technology being so advanced and becoming easier to understand and use, simply switching your business to a digital format rather than paper makes things much easier to keep in order and to keep back-ups of.


Problem 3: Copies

So many enterprises today are keeping several copies of certain documents, whether to be safe or because they believe these documents to be vital to their business processes. With this, response time is slowed and business process agility decreases.

Possible Solution: Businesses that are keeping all of these extra copies, whether digital or paper, just need to stop. "They need to create business processes based on single documents, or to create minimal copies that are tracked and regulated within the processes. To do this, cmswire.com states, and I agree that a centralized, electronic storage that provides company-wide accessibility must be utilized.


Problem 4: Preparation

Research shows that many companies are only prepared for what they believe they will have to deal with. In turn, when something unexpected happens, companies are not prepared to respond without considerable business disruption.


Problem 5: Business Agility

Several businesses suffer from not being able to get the right information to the right people in a reasonable amount of time. This is mostly seen by those businesses that struggle with effective and efficient storage methods.

Possible Solution:
To be a business with effective and efficient storage, according to cmswire.com, "enterprises should optimize workflows so they are able to flex with the changing needs of their company."

In Summary:

As you can see from the problems listed above, having an effective and efficient business and business process is not terribly difficult to accomplish. Many businesses just need to buckle down and take care of these little problems that keep occurring and slowing them down. If they are to take care of these simple-to-fix problems, they will be a much more effective, efficient, and in turn a more profitable organization.


Taylor Farnsworth is an accounting and business specialist at Whitworth University




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Thursday, March 16, 2017

SolveigMM Video Splitter Business 6 1 and Key

SolveigMM Video Splitter Business 6 1 and Key


SolveigMM Video Splitter Business 6.1 full
SolveigMM Video Splitter Business 6.1 full is a video editor to work with MPEG-2, AVI, WMV, ASF, MP3, WMA. This editor does not lose quality and quickly remove unwanted portions of your video with just a few mouse clicks-cut and combine video and audio perfect.

SolveigMM Video Splitter can cut any AVI format, MPEG, MKV, M2TS, WebM video FLV file, or into smaller parts for portability and easy distribution. The program offers different cutting methods, including file size, file number, and time. In addition, you can also use this tool to put together in one large file with any number of smaller video files, as long as the ?u?c split with the same format.


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SolveigMM Video Splitter Business 6.1 and Key

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Saturday, March 4, 2017

ERP Business Process Management

ERP Business Process Management


Essentials of Business Process Management (BPM)

Tekoa ERP
www.TekoaERP.com
 
By:  Jesse Salzwedel


While running a business, there are several objectives an owner needs to do while attempting to gain a profit. One of the most important things is being able to multitask and supervise at all ends of the spectrum. Whether that be sales, marketing, or communications, it is crucial that an owner is aware of his company at all times.

However, one section tends to get looked over, and because of this, problems often occur. Business process management (BPM) is a section that each company should be improving on a day-to day basis. This section is responsible for defining a companys problems, and creating ways to get rid of these complications.

There are a number of business process problems that occur in todays world, and it seems that although companies grow more aware of them, they dont do much to stop them. The following paragraphs will list some of the problems that modern businesses face:

Lack of technological improvement:

Nowadays, many companies are refusing to input all documents on some sort of e-file, and continue to keep their information on physical paper. Although this isnt a bad idea, it can lead to data theft, human error, and even lost files. If a company switches to digital information, it can be accessed from multiple locations and organized in a much simpler way.

Defensiveness:

This may sound like a confusing statement, but its meaning is crucial to a business. A company needs to be defensive and prepared for when things dont go as expected. Many companies take huge hits when they arent prepared and their plan is disrupted. In order to cope with this action, it is wise for a company to create some sort of plan or method to act on when the worst occurs.

Speed:

One of the most important aspects in any business is giving the client or customer whatever they want in the quickest and most efficient way possible. This being said, many companies are unaware that their speed of delivery could improve. Not only could the speed of delivery to the client be improved, but other aspects within the company can be enhanced as well. In order to increase efficiency, companies should create plans that can adapt easily to the constant change of the business world.

Identification:

It is vital for companies to pay attention to what stakeholders want and need, because these individuals have a big impact on the firms financial position. Many businesses arent aware of a stakeholders needs when in reality this should be a top priority. Because they play such a crucial role, it is important to keep them satisfied to prevent concerns from appearing that can ultimately throw off the potential of a specific implementation or business action.


Jesse Salzwedel is a business and accounting specialist at Whitworth University.



 
 



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Friday, March 3, 2017

Managing A Multi Location Business with Technology

Managing A Multi Location Business with Technology


Location Collaboration with Business Technology


by: Dalton Crosby

?
Tekoa ERP
www.TekoaERP.com

In order to keep up in today’s ever-changing business landscape; it is paramount to keep a mentality of expansion, but with this new growth comes plenty of challenges that will require creative, technological solutions.


Here are 4 of the most common business process issues that occur when operating multiple offices and their possible solutions:


1. Meetings.

In a traditional office, when a meeting needs to happen, everyone can just walk down the hall and sit in a conference room together. Often seen by the employee as a waste of time, a meeting must be done with extreme efficiency to be worth its time value of money. Adding an additional location can make this an even harder task as being in a separate physical setting might only add to the employee’s case of a meeting being worthless. In addition, if it becomes necessary to see work in real time, it could be expensive for a company to fly employees to a location to conduct meetings.


Solution: Implementing an effective system of communication for online meetings allow companies to meet face to face in an online conference call. It even allows employees to view each other’s desktops, making collaboration simple and safe with its built in security features. This technology is used by companies who have “$50,000 in travel savings” each year according to the Senior Director-International Finance.


2. Everyday Work.

In conjunction with meetings, it is the everyday work that becomes increasingly difficult to manage when operating a multi-office enterprise. In a traditional office, a worker could walk ten steps and ask their coworker a quick question about a projects progress, but when there is a physical distance, it becomes a time-consuming nuisance to try and always respond to an email.


Solution: Investing in a quality VoIP (Voice over IP) system allows employees to utilize simply picking up a phone and having direct communication with their coworkers. It also allows conference calls and the ability to transfer someone to different departments with the push of a button, which can make effective communication a lot easier.


3. Project Status.

Most jobs require multiple employees to work together to complete a common task. When you are in the same office, this is fairly simple as you know where to access data and what other employees have accomplished, but when you are across the country from your team, it becomes complex to know exactly where and how to access information and progress.


Solution: Installing an Enterprise Resource Planning System(ERP) that is right for your business can help cut costs and confusion by providing a central location for all of your company’s data. This can mean that everything from sales, to product costing information is available at the click of a mouse, allowing employees to understand their assignment and complete it in the timeliest fashion possible. Fast growing companies use an ERP system to manage their “real-time availability of data”, and as a company that has grown from 5 employees to 2,200 in less than 10 years, it is crucial to maintain this growth through their ERP system.


4. Manager Supervision.

As a manager in a traditional office, it is easy to see your employees and be able to manage their everyday operations, such as getting to work on time, and handling work hours appropriately, but when you are unable to physically be in the same office, it become hard to control.


Solution: To solve this issue, it is best to implement the mixture of the previous 3 solutions. By having meetings over a communication system, installing a VoIP structure, and by using ERP software, it becomes much easier to keep in touch with other locations. Even though you may not be able to physically be there, a high level of technological communication allows you to manage employees like you were.


Ultimately, the higher level of technology you implement in your business, the more successful you can be in managing a multi-location enterprise.
 
For more information about Cloud ERP Systems for Todays Enterprise, visit www.TekoaSoftware.com.

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Saturday, February 25, 2017

How To Use ERP Data in Business

How To Use ERP Data in Business


ERP Data Is Growing At Phenomenal Rates - How Do We Use It?


By: Aleksandr Solodyankin

Tekoa ERP
www.TekoaERP.com

Such a question seems impossible to answer, given 2.5 quintillion bytes of data are added daily. But who cares? It’s not like there is a way to standardize that information in a way that’s usable. But wait, there is, such software is available and is beginning to be utilized by companies to better their business. Big data gives rise to potential questions such as:

  • · What is big data?
  • · Why use big data?
  • · Who uses big data?

What is Big Data?

Short answer: super-specific information about individuals.

Big data is exactly the opposite of what the name infers. It is not that the data is itself large, but that data is increasingly more specific. A company is no longer limited to general information such as what sites an individual visits. The data being recorded now includes what pages within the site are visited, for how long, what they look at, what they even think about clicking. Even the individual’s profile can now includes whether or not they are a bad customer, not only information of conversion rates and returns.

Why use Big Data?

Short answer: A better targeted audience, retain more customers, increased conversion rates.

It should be clear by now that the previously mentioned benefits give rise to expanded possibilities. Every experienced marketer understands a targeted audience reduces wasted advertisements, thus saving money. Not only can a company better target their audience, they can also predict.

Prediction is critical because there are always certain types of customers that are more likely to abandon the company. Big data analytics allows companies to identify patterns in these customers, calculate which ones are statistically significant, and give a pin point description of what customers are most likely to be unsatisfied and when they will discontinue their purchases.

A targeted audience and prediction is good and dandy, but can big data help us increase conversion rates within the targeted audience? The short answer is yes. The better answer would be to give an example. One company in particular was able to use big data to discover that over 5% of visitors were lost if they hesitated two to three milliseconds in the middle of a step. A simple solution to this problem was to deliver an inspirational message, such as “Low rates are just a few clicks away.” The result was an increased conversion rate by 30 to 40%!

Who uses Big Data?

Short answer: Companies of all sizes.

Such a plethora of information would be extremely difficult to standardize in a usable fashion. For this reason, software that has these capabilities is far too pricey for small businesses. Companies such as IBM sell this software costing from hundreds of thousands to millions of dollars. Yet a study showed 8 out of 10 airline companies use such a software to have a competitive advantage.

But how can small companies utilize big data? Unbeknownst to many, one does not need this unaffordable software to have a competitive advantage in their marketplace. Smaller companies can look to Google Analytics, Alexa, Facebook Insights, and Quantcast. This software is free or very affordable for small companies. It will give them insight as to what keywords to use in Google, what websites have a certain amount of traffic, what do the customer think of specific products, what do they think about the prices of specific products, and much more.

Mr. Solodyankin is a business analyst at Whitworth University.

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Saturday, February 18, 2017

Grow Your Business With Cloud ERP

Grow Your Business With Cloud ERP


Technology Growth Means Change in Business Processes?


By: Drew Broesamle

Tekoa ERP
www.TekoaERP.com
A current process problem businesses have experienced is working to adapt their strategies towards the current culture of demanding everything right now through the internet. This includes the recent shift toward mobile browsing on phones and tablets. There are a lot of businesses created in an era where everything was brick and mortar. Now they have been forced to shift their process or fail. More and more people don’t want to leave their house to get what they need. They want everything at their fingertips. There has been a dramatic shift to online and mobile shopping. Companies like Blockbuster have had their entire business model made obsolete by Netflix and online streaming of TV shows and movies. This has resulted in Blockbuster announcing the closing of their stores earlier this month. While companies like Amazon have thrived off the shift and exists entirely online. Currently there are two main disadvantages to shopping online: waiting for the product to ship along with the cost of shipping and not being able to test out the product before buying. Programs like Amazon Prime have been introduced to cut down ship time and only charged one lump sum for all shipping each year.

Best Buy has made a dramatic shift to incorporate price matching in their stores. In recent years many shoppers have gone to Best Buy to try a product and once the right one was picked out they could go home and buy it for cheaper online. With the price match shift Best Buy believes they can regain the advantage by providing the same price as online shopping while also allowing the customer to take the product home on the same day without having to wait a week or so for the product to ship online. Similarly other companies are working to offset the disadvantage of having to wait for a product to ship by allowing the customer to pick it up for free at a store location.

When looking at businesses that have had success in this shift surprisingly is Netflix. They have had their share of missteps but recently they have experienced a large rebound. However going back a couple years their decision to provide streaming options for videos they changed an entire industry. By allowing people to watch the movies they wanted without having to go to the video store or wait for a disc to ship they gave people the best of everything. It also had its own advantage over TV by not having any commercials or ads to annoy the viewer. It was the best service they could possibly provide. This strategy was also able to translate to mobile phones and tablets through the use of their app giving people the option of watching on the go or at home. Their success eventually led to Netflix overestimating themselves and alienated a large portion of their customers but by sticking to their model they slowly have risen back up. Now their next focus is producing their own TV shows that normally would air on HBO or AMC. Netflix wants to shift the way people watch TV by releasing all the episodes at once and allowing people to watch at their own pace. The price to buy these shows is not cheap and can cost as much as $100 million. The success of this venture will determine if this is the trend of the future or another flop that sets Netflix back.

For more information about growing your enterprise with improved business process automation using technology, visit www.TekoaSoftware.com .

Drew Broesamle is a business student at
Whitworth University in Spokane, Washington.       

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Thursday, February 16, 2017

How To Solve Common Business Problems with Technology

How To Solve Common Business Problems with Technology


How To Solve Common Business Problems with Technology


by: Kramer Kembel



Businesses face many business process problems in today’s enterprises. Technology is a vital piece for every company and can differentiate their business from their competitors. Many companies are making the connection between strong IT investment and improved business performance. According to the 2012 SMB Routes, 85% of small businesses planning to increase their technology investments are more likely to anticipate higher revenue. This can all be related through their specific business process and making the company efficient. Mobile applications, ERP data analytics, cloud storage, mobile security, and web teleconferencing are five technologies that are helping to solve common small-business problems.


Problem 1 – Mobile Applications

Many small businesses face the problem of being away from the office. This makes it very difficult for employees to share data and to be available to customers.


Solution: According to the Mobility Edge Report, about 94% of small business users believe that mobile devices enable them to be more efficient. Smartphone’s and tablets are continuing to grow, which can be used by the employees of the business. There are many applications that can be used, like  Tekoa ERP.  This app is a mobile sales device that works on any smartphone, which accepts credit cards anywhere with an Internet connection.


Problem 2 – Analytics

Businesses are noticing that social media is where their customers are located. The problem they face is how they know if their marketing is effective.


Solution: A SMB study states that companies who can figure out how to turn data into insights most effectively will achieve a major competitive advantage. Different applications such as Tekoa Data Cache Manager is a specific dashboard that use different services, which enables users to see web traffic next to their own sales figures.

Problem 3 – Cloud Storage

Businesses can have a major lack of resources and time for IT and can cause many problems for small businesses.


Solution: The SMB study said that about 52% of small and medium-sized businesses are using cloud services to outsource their IT tasks. Dropbox and Microsoft OneDrive are applications for sharing documents, photos, and to replicate files on multiple devices and systems.


Problem 4 – Mobile Security

Since many businesses are relying heavily on smartphones, lost and stolen devices are a major security concern.


Solution: The mobile devices need to be secured by using encryption or data wiping methods to prevent thieves from accessing business information. Lookout Mobile Security Premium is the Editor’s Choice for Android security, which enable users to remotely lock, wipe, and locate devices. Apple is also equipped with Find My iPhone, which enables the user to lock, wipe, and locate the device similar to the Android app.

For more information about mobile ready ERP software for todays enterprise, check out www.TekoaERP.com . 

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Monday, February 13, 2017

How To Resolve Common ERP Business Process Problems

How To Resolve Common ERP Business Process Problems


Tips and Tricks for Resolving ERP Business Process Problems

By: SoonKyoo Kwon
?
Tekoa ERP
www.TekoaERP.com

Numerous enterprises today suffer from many different business process problems. These problems can be very damaging since they may result in inefficiency, and possibly in loss of some data.


Business Process Problems - "The Frustrating Five"

David Roe, Covers Document Management, Enterprise CMS, GRC, listed 5 main business process problems (issues) and named them "The Frustrating Five." In this blog, I am going to discuss 4 of the 5 major problems that Roe mentions.


Bottlenecks

"Information bottlenecks are still common and result from a lack of consideration of the value of particular information, or content, and its relevancy in the business process." (Roe, 20 II) When enterprises have too many variables in a process, the process tends to have poor quality.  As a result, error rates will increase, and customers will experience confusion.


The Paper Trail

"Many enterprises still insist on using paper documents as part of business processes and printing that information out, which leaves in vulnerable to loss, errors or data theft." (Roe, 20 II) With todays advanced technology, enterprises (no matter small or large) are definitely able to store and share data online.  Nevertheless, they often choose to keep using paperwork since they have always used paperwork instead of technology.  However, by using technology, enterprises can be much more efficient and safe.


Copies

"Many enterprises are still keeping several copies of particular documents, whether those copies are digital, or paper-based, which reduces response times and business process agility."  Enterprises think that they need to make several copies of particular documents because they are important.  However, we are living in the World of Technology where servers (so that enterprises can just have one copy of each document and share it within the companies) and of course the ERP cloud (so that enterprises can upload one copy of each document and anyone within the companies can share the data) are broadly available.


Preparation

"Many companies are not prepared for the unexpected, which means that when the unexpected happens, companies are not ready to respond and recover without considerable business disruption." (Roe, 2011)  This is probably both the easiest and the hardest of the 5 problems to deal with.  Preparation can be really hard since no one can know for sure what will happen in the future.  However, preparation can also be really easy since all that enterprises have to do in order to be ready for some unexpected events is to make backup files, so that they can respond to the unexpected events and recover without considerable business disruption.


Ways to Resolve Business Process Problems


How To Resolve Bottleneck Problems

To resolve the Bottleneck problems, enterprises should index all information and sort all the data nicely so that they are not putting too much pressure on themselves when they try to get the data they need.


How To Resolve Paper Trail Problems

Honestly, I cannot think of one reason why enterprises should use paperwork instead of technology.  With technology available to todays enterprise, enterprises are well over being able to use the accounting software that they need to use in order to save time and decrease their error rates.


How To Resolve Copies Problems

As I mentioned earlier, we have servers and Cloud today.  ERP Cloud, especially, is very useful because enterprises can store their data Gust one copy of each document instead of several copies for each document), share their data, and do not have to worry about losing their data.


How To Resolve Preparation Problems

In order to be ready for some unexpected disasters, enterprises can make backup files of information so that their data and records can be restored quickly and without disruption.  If some enterprises use the internet to store and share their data, they can make backup files so that they can just replace their lost information with the backup files.  If some enterprises use paperwork instead of the internet to store and share their data, they can make some extra copies of their documents and data so that when something unexpected happens they will not lose everything they have.


For more information about Tekoa Software and ways to improve business processes at your company through technology automation, visit www.TekoaSoftware.com .

SoonKyoo Kwon is a business and accounting specialist at Whitworth University.

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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

?
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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Monday, January 23, 2017

Foxit PhantomPDF Business 8 1 crack

Foxit PhantomPDF Business 8 1 crack


Foxit PhantomPDF Business 8.1 crack
Foxit PhantomPDF Business 8.1 crack allows you to register Foxit PhantomPDF Business 8.1
Its can create and edit PDF files from formatted word and power point. The software simplifies the replacement of pages of documents. and the symbol that image. more security, too, the documents for more editing pdf editing tools other. Foxit Phantom addition also features marked and full-screen navigation.

Main Foxit PhantomPDF Business features

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