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10 Tips to Get the Most Out of Your Accounting/ERP Software Solution

10 TIPS TO GET THE MOST OUT OF YOUR ACCOUNTING/ERP SOFTWARE SOLUTION 1 REVIEW YOUR CURRENT SOFTWARE SOLUTION Evaluate the functionality, capabilities and ROI of your current solution and how it fits with the direction of the business and its growth goals. DEFINE A PURPOSE Clearly define the purpose of having an accounting or ERP solution to ensure the business gets the most out of the investment. Ask yourself 3 questions: "What do we want to achieve by having an accounting/ERP solution?" "What are our business goals?" "What issues can be solved by implementing an accounting/ERP solution?" 3 ASSIGN A SOLUTION CHAMPION Assign a Solution Champion: To promote quality control and consistency, assign a solution champion that oversees and controls all aspects of the accounting/ERP solution and interfaces with the implementation partner. 4 QUALITY DATA IS THE BEST DATA Customer, supplier, distributor and employee data is the most valuable asset to any business. Ensure that all data entered into the solution is accurate, relevant, up-to-date, easy to decipher and value-added. 5. KEEP YOUR PROCESSES SIMPLE Use descriptive and accurate labeling, field values,categorization and reporting principles so that entering, retrieving and exporting data is streamlined and easy to perform. !! 6 LEVERAGE YOUR INVESTMENT WITH CUSTOMIZED SOLUTIONS Most Accounting/ERP solutions are developed as a one-size fits all solution and lack the functionality to meet the businesses industry-specific needs. Look to implement customizations such as integration with other solutions, e-commerce platforms and customer self-service portals to meet the unique needs of your business. LOOK TO THE FUTURE Grow with your accounting/ERP solution; keep it in line with your business's growth strategy. Keep your solution updated to the latest version, extend functionality further by integrating with an e-commerce solution, implement a customer self-service- portal, or seek customizations to leverage the value in your investment. 8 TRAINING, TRAINING, TRAINING Get your employees involved with your accounting/ERP solution to improve the adoption rate by offering training opportunities such as training webinars, live class-room sessions,demonstration videos, product release reports, newsletters and in-office training sessions. 9 EVALUATE THE ROI OF YOUR SOLUTION Evaluate the amount of time, effort, manpower and cost required to maintain your solution and then identify the main areas that are costing your business the most and develop a plan to lower those costs. 10 KEEP IT CLEAN Analyzing and scrubbing your data is essential for keeping your solution optimized, efficient and running smoothly. Keep your solution free of junk data by performing daily, weekly, or monthly audits and remove any data that doesn't add value to the solution or your business. For more information about how to get the most out of your Accounting or ERP Software solution, or if would like to learn more about SAP Business One, download Vision33's Free SAP Business One Intelligence Kit full of product brochures, whitepapers, eBooks, customer success and much more! If you have any questions/comments please Contact Us Vision33 CHAMP

10 Tips to Get the Most Out of Your Accounting/ERP Software Solution

shared by Vision33 on Mar 03
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Get the most out of your Accounting/ERP investment with these 10 helpful tips.

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Vision33

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