ElevatIQ Blog
Helping Executives With the Latest Insight on Digital Topics
18
Nov 2020
ERP System Price: How Much Does ERP Software Cost?
ERP system price is complex to understand, with several variables impacting not only your costs but the outcome of your project.
18
Oct 2020
Document Management: A Need for Manufacturing ERPs
Inefficient document management processes can lead to major inefficiencies with your operations. Read on to learn how ERP makes it efficient.
09
Oct 2020
A DIY ERP Implementation: Do You Need Consulting Help?
The DIY ERP implementation is on the rise. Before considering it, read on to understand the risks associated with this approach.
21
Sep 2020
You Need to Read This Before Buying QuickBooks' WMS Add-On
If you are a warehouse-centric business such as distribution or manufacturing, automating your warehouses using bar-code scanners is a must-have for growing small companies. If you are currently researching a WMS add-on for QuickBooks, Read on to learn your ERP options and their benefits.
14
Sep 2020
A Comprehensive Review of ERP Purchase Process
Finding the best ERP system for your company and going through the long ERP purchase process could be stressful and frightening. If you are looking for a new ERP System for your industry such as manufacturing or distribution, read on to understand the ERP selection process and how to buy an ERP System
13
Sep 2020
Your New ERP No Longer Requires You to Lose Valuable Historical Data
Migrating ERP historical data has never been easier. Traditionally SME businesses such as manufacturers and distributors sacrificed it. Read to learn why it is no longer an issue for some ERP publishers such as Infor and why it should be a factor with your ERP evaluation matrix or ERP checklist.
07
Sep 2020
Six ERP Features the Event Management Industry Uniquely Needs
Exhibit, event, or trade show management companies require unique ERP features. Lack of strong support for mixed-mode manufacturing and engineering scenarios, including project-based manufacturing makes the ERP system unsuitable for their needs. Read along to learn why the six unique ERP features they need.
07
Sep 2020
Five Ways the Exhibit Management Industry Benefit From ERP
Exhibition or a trade show management companies have a lot of moving parts with their projects in managing their complexity, read along to learn how ERP systems benefit your industry in enabling breathtaking customer experience, seamless collaboration, and tracking costs of your project-based manufacturing.
27
Aug 2020
Ontario Automotive Modernization Program Grants for Manufacturing Innovation
When automotive manufacturers or suppliers introduce new lean manufacturing initiatives or technology such as an ERP, SPC, PLM, Quality Management system to your organization’s operations, you can qualify for government funding through the Ontario Automotive Modernization Program (O-AMP). Read along to learn more
26
Aug 2020
Sticking With EPICOR Was Always Risky but Now Could Be Riskier
Once a strong contender as a mid-market manufacturing and distribution ERP, Epicor ERP seems to be a sinking ship. The recent news about KKR puling their investment off further validates the challenges ahead for Epicor ERP. Read on to learn about the their challenges and what Epicor ERP prospects need to know
25
Aug 2020
Fake Clouds Are Worse Than Fake News - A Comprehensive Review
Buying a fake cloud ERP system could be worse than not considering a cloud ERP system at all. Whether you are inclined towards on-prem or cloud, they both could be great ERP options. However, deploying an on-prem ERP system on cloud, also known as a fake cloud, is highly inefficient. Read along to learn why
24
Aug 2020
You Need to Change the Way You Measure Retail Performance
Traditional retail and brand metrics and KPIs are becoming obsolete in today's fast-changing digital retail environment. COVID-19 has not only accelerated this obsolescence. Read more to learn about this change and what retail and e-commerce executives need to do instead.
23
Aug 2020
You Are Likely to Forget Scripted ERP Demos After Reading This Article
ERP demos suck. While a scripted ERP demo reduce the transition for ERP buyers, they are not best suited to identify the best ERP software for your business, which is the core purpose of an ERP demo. Read along to understand why and what could your alternatives that help in selecting best ERP system for your industry
16
Aug 2020
Why You Should Start Your ERP Project TODAY
Making decision about when to implement an ERP system for your business, especially you are a startup or a SMB manufacturer or distributor, is never easy. Learn why delaying your ERP implementation is not worth it and why you should start your project sooner than later
16
Aug 2020
Are You Ready for a New ERP?
If you are unsure of whether you might need a new ERP, reviewing your competitors would be one way to find out. There are several reasons why companies upgrade. E.g. outgrowing their current ERP systems such as QuickBooks, Macola, or Point.Man, read on to learn the reasons when companies upgrade their current ERP
16
Aug 2020
Acumatica Changes the Way We Think of ERP Systems
Unlike other business management or ERP systems such as SAP or Oracle, Acumatica is easy. You get the user experience of simpler accounting systems such as QuickBooks while automating your processes end-to-end including inventory, warehouse, and accounting. Read on to learn what makes Acumatica so different.
15
Aug 2020
What Are Your Risks of Choosing a Financially Unstable ERP Publisher?
Financial stability of an ERP publisher is critically important for businesses implementing an ERP. Stay with financially stable and profitable ERP publishers such as Infor or Acumatica to avoid any financial implications. Read on to learn about these risks and their implications for you.
14
Aug 2020
Find and Solve Production Bottlenecks with the CME Technology Assessment Program (TAP) Grant
Canadian Manufacturers can receive subsidies covering up to 100% to a max of $25K of eligible consulting assessment costs through the CME Technology Assessment Program for evaluation projects such as ERP, MRP, CRM, WMS, SCM, and digital transformation. Read on to learn more.
13
Aug 2020
What Does Surveillance Industry Need to Know About ERP?
With the changing customer behavior and business model, legacy simpler ERP systems are no longer enough to support the complex evolving business processes of surveillance and security industry. They need a comprehensive and agile cloud ERP system. Read to learn why.
08
Aug 2020
Sticking With an Outdated ERP May Be Riskier Than You Think
There are several dozen outdated ERP products in the market such as Macola, SAP R3/ECC, Point.Man, older versions of Syteline or Epicor, legacy ERP products published by Sage, IBM, Oracle, or Microsoft, and the list goes on. There are major risks associated with not upgrading them. Read on to learn about them.
07
Aug 2020
What CFO Candidates Need to Know About Manufacturing Industry
If you are a new finance leader(CFO/Controller) of the manufacturing industry and have not been exposed to manufacturing accounting or operations yet, it’s very important to understand the nuances of this industry to be successful in your role. Read on to learn more about how manufacturing financial operations differ.
07
Aug 2020
How ETO Manufacturers Can Digitally Transform Their Business Model
ETO (Engineer-to-order) manufacturing practice may be overused in some industries such as sign manufacturing, industrial automation, and machinery. Read on to learn how ETO manufacturers can transform their business processes by utilizing modern ERP systems and combine it with CTO (configure-to-order).
30
Jul 2020
Why CFOs Don’t Buy Into IT Managers’ Next Big Ideas
If you are an IT executive and have been thinking of pitching a digital transformation project such as ERP upgrade to your CFO or business executives and unsure of how to approach, read on to learn specific strategies on what c-suite executives such as CFOs, COOs, and CEOs like to see in an ERP initiative pitch.
29
Jul 2020
Is QuickBooks a Terribly Simple or Simply Terrible ERP System?
There are two camps of QuickBooks users, one that absolutely adore QuickBooks and the other hate. Read on to learn their perspectives and our recommendations on whether QuickBooks would be the right ERP system for you or if you have outgrown it, what should be your options for upgrading your ERP or accounting system
28
Jul 2020
8 Advantages of Working with Canadian ERP Consulting Companies
The Canadian manufacturers & distributors can benefit through programs, promotions & discounts only if they work with a Canadian ERP consulting firms to make ERP implementation cost-effective. Read on to learn about what ERP consultants offer through their knowledge and expertise of local taxes and accounting practices
25
Jul 2020
List of standard ERP features wholesale distributors need
Understanding of standard features help set the priorities and find focus with your ERP evaluations, which will also in turn help reduce the steep learning curve with the ERP implementation process. Read on to learn about the difference between standard and industry-specific features for wholesale distributors
25
Jul 2020
List of standard ERP features retailers need
Awareness of standard features is the first step of ERP implementation process for retailers and e-commerce companies. But what is more important is to understand how they differ from industry-specific features from them and how it will help them prioritize the requirements and define selection criteria.
21
Jul 2020
List of standard ERP features manufacturers need
Knowing what differentiates standard from industry-specific features in ERP solutions is critically important in order to establish accurate selection criteria as well as priorities. This prevents failed implementation and budget overruns. Read on to learn why.
19
Jul 2020
What is an ERP 2.0?
Unless you plan to run your business manually, you need business software to host your processes such as Accounting, Sales HR, and Operations. Most small businesses start with a basic accounting system such as Quickbooks or Xero, or a small CRM such as Zoho or Hubspot, but then they outgrow and need better options.
19
Jul 2020
How do ERP systems work?
ERP is such a broad and deep subject that it’s hard to understand how it works. Historically, the whole idea was to plan the resources in a centralized manner and making them accessible across the enterprise, but they have come a long way. Read on to learn more how they work and how they might benefit your business.
19
Jul 2020
What Frozen Food Manufacturers need in an ERP
While there are plenty of ERP options out there for F&B and discrete manufacturing, none of them resonate with an small-sized frozen food manufacturer. These manufacturers have unique processes and most generic ERP options don't work for them. Read on to learn about what makes them different & what their options are.
18
Jul 2020
ERP System Evaluation Checklist: Questions to ask your ERP consultant
Most ERP solutions may seem to have comparable functionality and it’s hard to choose one. Some businesses choose the most popular option while others prefer the most cost-effective. Read below to learn about the most important factors to discuss with your ERP vendor.
21
Oct 2018
What is a CRM system?
This post helps understand the role of a CRM system in an enterprise and why it's important for a small business to have a CRM system.