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Key Benefits of Managed Services and IT Outsourcing

12/13/2023

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IT Outsourcing
In the world of technology, Managed Services is a term that often surfaces, but the intricacies of what it is and how it's beneficial are not always clear. In this article, we'll dive deeper into the concept and shed light on what Managed Services entails and how it can benefit your organization. Keep in mind that Managed Services is a broad field, and what we cover here is just the tip of the iceberg.


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Benefits of Outlook Integration for Sage CRM

6/28/2023

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Sage CRM Outlook Integration
Integrating Microsoft Outlook with Sage CRM (Customer Relationship Management) can deliver numerous benefits to your business. Here are 5 key advantages of integration.


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Understanding 3 Main Types of Accounting Software Integration

10/5/2022

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Accounting Software Integration
When it comes to accessibility and easy use of data, integrated accounting software makes sense. However, the term integration is often misused, and it is difficult to get people to agree on one definition.

In this article, we'll take a closer look at 3 main types of Accounting Software Integration.


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Named License vs Concurrent License (What's the Difference?)

8/9/2022

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erp software named vs concurrent license

Understanding Two Common Types of Software Licenses

One way that software publishers license and monetize their solutions is based on the number of users that access their application. Authenticated user licenses protect intellectual property by limiting access to paid and non-paying subscribers alike. License specifications also help software companies manage volume and behaviors that indicate patterns and usage trends that benefit artificial intelligence use cases.

While the concept of software licensing is straightforward, understanding the difference between a named user license vs concurrent user license can be confusing for first-time buyers. Here are some common questions that new buyers often ask.


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The Power of Employee Performance Analytics

9/10/2021

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employee analytics
As long as there have been business transactions, there have been dozens, if not hundreds of ways developed to evaluate, manage and make a profit from the process. It can be argued that human capital is as important as the financial capital is to an organization’s livelihood. Thus making an organization’s human capital, its employees, and their performance, critical.
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Steps to Improve Employee Performance & Engagement

4/20/2021

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Employee performance and engagement tips

Why Take the Time to Motivate Employees?

According to Gallup’s State of the American Workplace report, 51 percent of the American workforce is not engaged. Why is this important? That same report shows that engaged employees have a 41 percent lower rate of absenteeism, and 17 percent higher rate of productivity. Highly engaged employees are also less likely to job hop, which translates to lower a turnover rate. In most cases, employees who are not engaged are simply looking for inspiration, something that triggers them to perform at a higher level.

With that in mind, here are some steps to improve employee performance and engagement at your company.


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Work in Progress (WIP): Over/Under Billing on Construction Jobs

2/10/2021

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Construction Project Billing
In construction, the process of determining whether your jobs are over billed or under billed each month (or year) has a big impact on the financial statement. If it’s the end of the tax year, it can impact how much you own in taxes, as well.

  • Do you have to wait until March or April 15th to know whether you were profitable or not?
  • What does 'over billed' or 'under billed' mean anyway, and why is it important when running a construction company?

Overall, the idea of these reports is to review the progress of the job and confirm you’re on track to meet your profit goals. From the accounting standpoint, it’s a way to smooth out the ‘timing’ problems with costs and billing.

Let's explore ...


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How and Why To Replace Paper Timesheets with Mobile Devices

10/13/2020

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Sage Field Mobile Time
You’ve seen it – those awful and illegible paper timesheets; cell phone pictures of handwritten job numbers and hours, faxes, or paper dropped off in the shop. The dreaded weekly routine of trying to enter the right job with the right time for the right person, just to make the payroll deadline. Then, tracking down the Supervisors to get missing information and confirm hours.

There’s a better way – let the field enter time on their mobile devices, then pull that info into your accounting software to process payroll. So how does that work, and what do you need to know so you pick the right solution?
So glad you asked …


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Performance Goals for Remote Employee Success

6/10/2020

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Remote Employee Working
Aligning employee focus with organizational goals and objectives is more relevant today than ever before.  Historically, for most employers, employees worked with colleagues in office buildings and/or at job sites.  In recent years, telecommuting, distance and remote working gained popularity within many industry sectors. Unexpected global events in 2020 rocked the workplace paradigm.  Employees who drove to a central location to work and returned home at the end of the business day now have a new ‘normal’.  Here are some tips for establishing performance goals for remote employee success.


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5 Keys to Choosing the Right Performance Management Software

2/10/2020

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Performance Management Appraisal
Over the past decade, the average number of reporting employees has doubled, making it increasingly difficult for HR managers to keep up with paperwork. Luckily, the use of Performance Management Software software can simplify employees appraisals and performance reviews.  Here are the top 5 things you should be looking for in performance management software.


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Creating Customized Filtered List Views in Sage Intacct

3/8/2019

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Sage Intacct Filtered Lists
There are times when it's useful to view financial information – such as transactions or records – in a list format.  That's where the Lists feature in Sage Intacct comes in, enabling you to sort, filter, and even create new lists to view only the items that are most important to you. Let's take a closer look at how to create customized filtered list views in Sage Intacct.


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Is Sage CRM a Good Fit for Small Business?

6/26/2018

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Sage CRM Price
Sage CRM is ideal for companies that want to streamline processes between departments or provide customer-facing staff with financial information, including the ability to create orders through the Sage CRM interface that pass through to the Sage accounting system.  The Sage CRM workflow engine and ability to integrate with accounting are both very powerful.

But is Sage CRM a good fit for small businesses? Let's examine that question a little more closely.


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Introducing Sage 300 Construction 17.1

10/12/2017

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Whats New in Sage 300 CRE 17.1
Sage 300 Construction and Real Estate (CRE) Version 17.1 is now available. This is one of the most significant new releases in a long time and it represents the first major milestone in the re-architecture of the software which will take place over the next several years. Here’s a closer look at why this release of Sage 300 CRE is so important.
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3 Metrics Credit Managers Need to Beat Bad Debt

8/22/2017

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AR Invoices Paid
While the role of a credit manager is variable in its scope, he or she is usually charged with managing the credit department and make decisions concerning credit limits, acceptable levels of risk, and terms of payment to their customers – in other words, reducing bad debt and collecting on customer invoices due. In this article, we’ll examine 3 metrics that are critical in helping credit mangers do just that.
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5 Lessons About AR Collections Learned from Raising Kids

6/28/2017

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Valuable lessons for accounts receivable and collections management can come from some unusual places.  Any parent who has raised kids may recognize the defiant behavior that some customers display when called on by your collections department. So let’s take a look at 5 important lessons about A/R collections that some of you may have already learned as a parent – and how they can be applied in your business.
Accounts Receivable Collections Lessons

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