Advanced ERP Insights Blog
ERP Software. What difference can a CEO make?
In a typical organization CEO/President/Owner provide the vision; strategy and execution tactics for their organization to grow and thrive for all the stakeholders. The buck stops here. And to succeed they need access to the real facts driving the business metrics....
Avoid the nightmare trying to manage Subscription Billings without good ERP software
Subscription Billing is growing by leaps and bound. More and more companies use creative pricing strategies to gain competitive advantage over their competition. Look at the explosive growth of Netflix, Amazon Web Services; Salesforce, IBM Cloud. Complete business...
ERP Software. What difference can a Professional Services Director (PSD) make?
In a typical organization PSD’s report directly to the VP of either Operations or Manufacturing. PSD have 2 different roles depending on the type of business. For a Project Company (in charge of professional services) and for a Product Company (in charge of Field...
What Considerations do the Finance Lead have before buying ERP software?
In a typical organization, Controller reports directly to the CEO/President/Owner. And in most companies the IT department reports directly to the Controller. Here is a graphical view of the reporting structure of a company. What are the principle value add roles...
Equipment rental revenue to hit $49.4 billion for 2017
Not only that but The American Rental Association's (ARA) five-year forecast estimates average annual growth rate of 4.3 percent resulting in revenues to top $56 billion in 2020. Scott Hazelton, Managing Director, IHS Markit, the forecasting firm hired to produce...
Acumatica and Rental360 Offer Seamless Solution for Rental Equipment
The rental industry is extremely competitive and can be very profitable for those companies who are equipped with the latest cloud-based software technology. As the economy changes, companies need to change their model to reduce capital equipment costs. Estimates in...
All-in-One Software Reduces Costs for Equipment Rental Companies
The success of any business depends on the competence of the technology it is based on. Acumatica solution Rental360 provides the technological platform that your rental business needs to run with enhanced efficiency reducing costs significantly. This cloud based...
Tying Rental Activity with Back Office Systems Is A Game Changer
Owning a rental business can be very lucrative but it is a very competitive industry. Staying competitive requires accounting software that can handle billing, invoicing, tracking expenses and other tasks, but it has its limitations. A cloud-based equipment rental...
Equipment Rental Companies can increase profits with cloud-based Enterprise Resource Planning
According to the American Rental Association, the equipment rental industry is expected to record revenue growth of 4.9 percent in 2017. The future of this industry is certainly bright, estimated to reach a whopping $ 55.6 billion in revenues by 2019. Imagine the...
Any software that does not have “REact” early warning capability is not worth investing?
This picture (Fig. 1) is a very good representation of a “day in a life” of Property Managers. The work related activities fall in two categories: “recurring” or “one time”. One time activity could be setting up a new Lease/Rental Agreement. Recurring would be...
Proper cybersecurity measures can indeed reduce severe losses to the bottom line.
In May 2016, the New Jersey Business and Industry Association’s (NJBIA’s) organized Cybersecurity Summit. It was well attended and included: Mike Mullin, President of Business Technology Solutions firm Integrated Business Systems (IBS), Fernando Reiser Manager of...
Taking the Cloud to a New Level for Commercial Real Estate
Ever since smart phones became ubiquitous, opportunities that software technology solutions provide are increasing exponentially. The core business drivers of “sell” “deliver” “collect” have not changed. What has changed is multi cloud architecture that is providing:...