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So far has created 56 blog entries.

Benefits to Automating Your Accounts Receivables: Part One

Many aspects of businesses can now be automated to streamline many processes, including accounts receivables (AR). By automating these financial processes, you can make a huge difference to both your business and its clients. Accounts receivables can often be challenging for many firms that are still doing their accounting the manual way.

Here are a few reasons why automating your AR can be beneficial for your company.

1. Standardize Your Collection Processes
Each member of your accounting team may have a different process for handling accounts receivables that come in. Your business can easily suffer from inefficient processing of payments if there is no adequate coordination in place. Having an automatic process for your records through your business’s ERP system can streamline the whole plan, and make it simpler for your company to be paid on time, every time.

2. Time Saved
Having an automated AR system in place can significantly lower the number of […]

4 Work Scenarios That Warrant Automation

Business are always on the lookout for ways to streamline their activities, and for many, the first step is putting a fully-integrated enterprise resource planning system (ERP) in place. Doing this can dramatically change the way businesses operate, making their practices more efficient.

But things can be made even easier when the system is automated. By combining automation with an ERP system, your company can get a big leg up in your industry.

Her are a few scenarios where automation just makes sense.

1. Lack of Accountability Among Employees
Many employees have a lot of integrity, but some don’t. If you have some employees on your staff that make mistakes and are not known for taking responsibility for them, automation of your ERP system could work well.

Automation helps companies assign an owner for each step of a specific process. Employees can be given certain permissions related to their role in the company so that […]

Oil and gas products reseller finds financial answer

Chetwynd Petroleums Ltd., a high-volume fuels distribution business operating in remote northern British Columbia, needed reliable integrated business management financial tools fast. It isn’t uncommon for the company to process 300-400 fuel sales a day or more – amounting to over 10,000 transactions a month for their on-account customers.

 

Yet the company was running accounting and billing on proprietary software from a local supplier that was about to go out of business.

 

The fuel distributor’s customers typically roll in to tank up from all corners of The District of Chetwynd, set in the eastern foothills of the Rocky Mountains. Rich in oil, gas, coal and timber, it is the natural transportation hub of the mighty Peace River Country.

 

Fortunately, Chetwynd Petroleums found that rare mix of the right tools, set-up, training and support for managing their finances. Within three weeks of calling Oneir Solutions Inc, a Toronto- based provider of scalable Enterprise Resource […]

Ceramic Tile Retailer/Wholesaler Cuts Losses, Expands Business with Industry Specific ERP Software

Ton Holten began in the ceramic tile industry driving tile-laden tractor-trailers for a Dutch forwarding company from the far reaches of two continents back to his native Holland. In the 1980s, the Holten family moved to Canada and began Tilemaster, a retail and construction industry supplier in Aurora, Ontario, where it provides a vast array of metal, stone, slate and marble tiles, as well as countertops and related products.

Early on at Tilemaster, Holten moved company accounting from paper ledgers to the computer, where Vigilant point of sale and inventory control software helped Holten control his business for over 20 years. But faced with a growing demand for tile fueled by a boom in local house building and a healthy economy, Holten moved Tilemaster from its original location to another in Aurora and opened a second store in Barrie, about 25 miles away.

In 2005, Holten upgraded Tilemaster’s accounting software to Oneir […]

ERP software helps metal supplier grow

NEW YORK — With a growing number of manufacturers, machine shops, tool and die makers and contractors in the Delaware Valley around Philadelphia requiring metal parts, business is good for Metal Stock Inc., a small-quantity metal supplier.

Most metal vendors and distributors in the region consolidated service centers and catered mostly to those buying large volumes. In contrast, Philadelphia- based Metal Stock kept its focus on smaller buyers who need fast, efficient service and a wide selection.

Its business has boomed so much so that in 2004 president Ken Bell ended his company’s 10-year relationship with a franchiser and set the metal supplier on an independent course.

By fall 2005, both Bell and his controller, Corinne Wightman, knew that to handle the company’s swelling sales volume profitably they needed enterprise resource planning (ERP) software with more power and capacity to manage key business functions through one shared information database.

They called in computer consultant […]

Petroleum Products Reseller Finds Financial Answer

Chetwynd Petroleums adds ERP software integration with automated sales, inventory control with financial management tools

Chetwynd Petroleums Ltd., a high-volume fuels distribution business operating in remote northern British Columbia, needed reliable integrated business management financial tools fast. It isn’t uncommon for the company to process 300-400 fuel sales a day or more – amounting to over 10,000 transactions a month for their on-account customers.

Yet the company was running accounting and billing on proprietary software from a local supplier that was about to go out of business.

The fuel distributor’s customers typically roll in to tank up from all corners of The District of Chetwynd, set in the eastern foothills of the Rocky Mountains. Rich in oil, gas, coal and timber, it is the natural transportation hub of the mighty Peace River Country.

Fortunately, Chetwynd Petroleums found that rare mix of the right tools, set-up, training and support for managing their finances. Within three […]