Category: Report Writer
- What Is a Financial Dashboard? Do You Need One?
- Customer service
- Human resources
- Customers: Your dashboard could include customer-related data such as the total number, demographics and more that assist you in tailoring your approach.
- Revenue: This includes data related to your total income alongside your monthly expenses for future budgeting.
- Net profit: This measures your net profit by product, month and employee by deducting all expenses.
- Operating cash flow: This is the amount of money generated during your day-to-day business operations to ensure you have sufficient funding.
- Accounts receivable turnover: This determines how quickly you’re getting paid for goods or services you sell on credit, tracking any significant delays in payment.
- Debt-to-equity ratio: This measures business funding growth to ensure you’re not too dependent on credit.
- Working capital: This assesses what resources can be converted to cash for payments if needed.
- Gross profit margin: This indicates whether you’re managing your labour and production supplies.
- Operating profit margin: Your company’s income is deducted from overhead costs.
- Total asset turnover: This shows whether you’re using your assets effectively.
- 6 Smart Reasons to Use Reporting Templates
- Do You Need Alert Reports for Your Business?
- More efficient delivery times with optimised travel routes
- Better management and communication with drivers
- Reduced costs for your business because drivers are travelling more direct routes
- Less time wasted on non-delivery
- Improved customer experience due to a more exact delivery time
- Happier customers who become loyal fans of your business
- Instant notifications can be shown to your entire team via large screens that can be installed around your production area or offices
- Operator specific messages can be sent about bank overdraft limits to individuals and displayed on screens or data panels
- Smartwatches have become a popular way of sending personal alerts, using vibrations or messages displayed on the screen. This is also a great way to be able to see notifications while you are in a meeting or unable to look at a phone or computer.
- Push notifications sent to mobile phones are a popular choice as they can be viewed no matter where you are, and can include visuals or graphics
- SMS is still an option depending on your demographic
- Email can also be used effectively – although it can take longer to read if the person is in a meeting or away from their computer for a while.
- Overdue payments from customers
- Bank overdraft within limits
- Customers that have been put on credit hold
- Training that needs to be renewed
- Flagging abnormally high numbers of sick days taken
- Customer complaints
- Any internal or external issue
- 5 Essential Business Reports to Keep Your Finger on the Pulse
- My reports have a clear title and a logical flow of information
- The information contained in this report is entirely factual
- My report clearly indicates dates and time periods
- My reports are timely and prompt
- Remarks or additional notes are included for time-sensitive information
- Visual reporting using graphs and charts make complex data easier to understand
- Data comparisons are accurate and meaningful
- The format of the report remains consistent
- An easy drag & drop system to build your unique screens and export immediately
- Data grouping is a simple drag and drop function
- Set up your columns the way you like them by dragging and dropping
- Locate source documents with a click
- Import or export data from spreadsheets
- Click to sort columns
- Build your own relevant screen fields
- Daily, weekly, monthly, or yearly reports are all instantly available
- Choose from over 300 report options in the Omni library
- Create alerts that flag certain events as they happen
- Simple and Accurate ERP Reporting Starts Here
- An integrated system
- A common database
- Real-time operation
- On-premise, cloud-hosted or SaaS (software as a service) deployment
- A common user face across all applications
- Ongoing support
“Dashboards are effective tools for ensuring shared financial comprehension and engagement among board members.” – Forbes
Tracking the financial health of any business, from small-scale start-ups to global corporations, is key to business survival. A financial dashboard is one of the most effective ways to achieve this. It illustrates key pieces of fiscal data in a graphical format, making it easily accessible to all stakeholders, regardless of their background.
Here we explain a financial dashboard, how they work, and why you need one.
What is a financial dashboard?
This is effectively a visual representation of your company’s finances, showing whether the company’s key performance indicators (KPIs) are being met. This data visualisation tool provides chief financial officers (CFOs) and various organisational stakeholders with financial details in a user-friendly format, such as a graph or chart. It’s also available in real-time. This means that any discrepancies are quickly identified and rectified.
The data is drawn from several departments, including:
What are examples of financial dashboards?
There are many ways that financial dashboards are used within an organisation to keep stakeholders constantly updated about their financial health. Here’s a look at some examples and how they’re providing insight for CFOs and more.
1. Sales and marketing financial dashboard
Sales and marketing leaders are constantly looking for ways to solve strategic challenges and formulate campaigns that will drive business growth. Through a financial dashboard, they’re able to see whether they’re on track with the next quarter’s revenue goals or not, as well as determine ways to improve performance. This is immediately evident through the KPIs on the constantly updated financial dashboard.
2. Profit and loss financial dashboard
In addition to individual departmental financial dashboards, you get an overview of your financial health with a profit and loss dashboard. This indicates whether your company is generating any revenue, allowing you to track metrics related to items like gross profit, and operating and net profit margins.
3. Customer health financial dashboard
The customer experience is key to any business’s financial health, which is why this financial dashboard is so insightful – particularly for subscription-based companies. Using this dashboard, CFOs are better able to communicate with individual teams about what challenges are facing the company, and which strategies are working.
4. Employee health financial dashboard
Just as you can’t run a business without customers, you can’t run a business without employees – and that’s where this financial dashboard comes in. Using KPIs, you can determine the revenue per employee, the costs related to hiring and training employees, and the company’s employee retention. This indicates areas where you could improve the workplace for all staff.
5. Business health financial dashboard
This provides you with a great overview of your business operations, what’s working and what’s not in financial terms. While this won’t provide you with the detail-focused insight that you get from departmental-level financial statements, it gives you a good understanding of the company’s general financial health.
What are the financial dashboard metrics?
There are many metrics that are used to assess the financial health of your organisation. Logically, these differ from company to company.
Here are some of the most notable metrics used for assessment.
What are the benefits of a financial dashboard?
Tracking your company’s financial health on a dashboard is incredibly beneficial for operations in a number of ways. By incorporating effective software that allows you to create financial dashboards, you will immediately enjoy a number of benefits.
Swift, automatic data import using software to create your financial dashboard removes the need to manually gather data. This means that you and your employees are saving time that is better spent on other business-related tasks.
Data used to create a financial dashboard is incredibly valuable, and you’ll need to share it easily with stakeholders on a regular basis. While you could go with emailing or constant meetings for data sharing, financial dashboards make this process much simpler and more effective. Everyone will have access to this valuable information in an easy-to-read format.
When you use software to create financial dashboards, you’re not relying on manual data collection. This not only saves time but also reduces the risk of human error. Just one simple input mistake can have a massive knock-on effect that will result in poor decision-making based on inaccurate data.
The shift to digital operations, the arrival of social media, and the growth of global businesses mean that there is a wealth of daily data coming in from many sources. With a financial dashboard, you’re able to consolidate all this important data in one place. This can minimise inaccuracies and give you a holistic vision of the business’s health. Easily review and share this information with all relevant stakeholders.
With a financial dashboard, you’re able to effectively track the performance of your company at any given time. You can also compare this to previous performance to ensure you’re growing and developing. All of this takes a matter of seconds!
Now that we know what a financial dashboard is and why we need it, why not get in touch? We are industry leaders who can get you started right away.
6 Smart Reasons to Use Reporting Templates
Have you ever caught yourself in the midst of a tedious task, thinking, “There must be an easier way!” Well, we have good news!
If procrastination is getting in the way of preparing your data, then reporting templates might be the answer you’re looking for.
Keep reading to learn why report format is important, and find out how to turn boring and mundane into efficient and painless.
Work Smart Not Hard
Do you keep reworking the same tired old documents? Recycling them over and over, shuffling data until it feels about good enough? Admit it, your work deserves better than mediocrity.
Rather than settling for adequate, or wasting time trying to fit new data onto old spreadsheets, give your work an edge. It’s time to consider a report writer such as the Omni ERP Module.
Here are a few key features that our report writer provides:
Functionality such as drag and drop systems makes it much easier to create your reports based on your specific data. This means you can build your own screens, group data, and instantly export your work to popular formats such as Excel.
You don’t need to waste time figuring out your columns or adding your own parameters. These are all sorted within a few clicks. Moving columns around as you want them is the easy part so that you can spend more time on the content you put into them.
Omni report writing software helps you locate source information easily. For example, by double-clicking on a line, the source document gets pulled up immediately.
Exporting and Importing
It’s effortless to import or export your data as needed. Our report templates are partnered with popular spreadsheet programmes for your convenience.
You’ll need report writing templates for a wide variety of typical business documents. These documents include financial reporting, year-end reports, and staff performance among others.
It’s also helpful to have suitable options for status report templates. This means that everyone can communicate the progress of projects in real-time.
Our report writing software holds a library of around three hundred standard reports. You can also configure these templates to your specific reports.
Advantages of Reporting Templates
If you’re not convinced that reporting templates will totally change your life for the better, then it’s time to take a closer look at their advantages.
Here are six smart reasons you should be using reporting templates.
1. Headache-Free Efficiency
Using a report template that is already set up saves a lot of time and feels a lot less laborious. You don’t need to expend a thousand and one clicks on cutting and pasting at the risk of throwing your formulas out. With a robust report template solution, the framework is ready and waiting for you to populate and customise.
2. Cost and Time Saving
Templates save you time and money. When you have a pre-built structure, you can focus more on the data content. So, you worry less about re-inventing elaborate report structures every time you need to do a proposal. With reporting software, you can even create helpful reminders in alert reports.
With customisable templates, you have greater control over the format and content of your reports. Reporting software capabilities include changing your fonts and using free format text. You can also insert calculated fields.
What if you and your colleagues set up your own reports? If you don’t work from a common reporting software, you’ll come up with vastly different methods for reflecting similar data. This gets confusing and looks unprofessional.
Using a template means that your reports will have a similar format. So you can present information in a structured, consistent way. When your format is organised, your reports, proposals and checklists will create the impression you want.
When you present the information to clients or executives, consistency doesn’t just make your work look smart. Uniformity also means your facts will be easier to read when it comes to the actual presentation part.
5. Information Accuracy
It’s no secret that boring work often lends itself to mistakes that are easily overlooked. Report writing is no party. However, templates prevent mistakes.
Templates make it harder to omit mandatory information accidentally. By simplifying the process, templates make reports more consistent and accurate. Plus it’s easier to see when you’ve left something out.
6. Real-Time Sharing
Report writers often allow real-time sharing. This means new data is instantly available. Having the most up-to-date information is key for decision-making. It’s also particularly helpful in a project status report.
Maybe you’re thinking that you could just set up a report from a free download site such as Canva. It might seem as though you can construct a perfectly good document on public programs. However, the capabilities of these sites are significantly limited.
True, you can get better features on the paid-for versions. Bear in mind though, sites such as Canva are more for design and less for information purposes. You’re much better off spending that money on a reporting template software package.
Plus, you have to wade through hundreds of un-suitable designs before you finally find one that almost works. Or worse yet, you might start on one only to find halfway through that it doesn’t support all the parameters you need. Who likes starting over?
Let’s run through the facts.
What is a reporting template?
Put simply, it’s software that helps you put your reports together. There are many template options that will help you deliver your data in a simple and concise way. The main point is that you don’t have to create an entire report from scratch every time. Reporting templates should ultimately save you valuable time and money.
What is the best format for a report?
The best format will vary based on the type of report you are doing. Much will depend on the field of business you’re involved in and the nature of your reports. For example, financial data will populate very differently from marketing analytics.
Are there report templates in Word?
Yes, you can get free templates from Microsoft Word. However, these are often very generic. If you work with complex, specific information, you may find a general one-size-fits-all approach a little fussy (or a lot fussy). Not to mention limited in their capabilities.
If you’re determined to give free report template downloads a try, just make sure that your business reporting templates can do these things:
– Simple drag & drop functionality to build your own screens, move columns, group data, and instantly export your work
– Locate source documents with a click
– Import or export data from spreadsheets
– Sort columns with a click
– Easily configure screen fields as you need them
– Instantly available daily, weekly, monthly, or yearly reports
– A host of user-friendly report template options
– Set up alerts as notifications for important updates
Yes, Canva and Microsoft Word offer free templates. But you might end up spending more resources in the long run. You’ll be working harder, not smarter!
Don’t Do Drab
Professional business reporting templates are a solution that can make the world of difference to you and your company!
Reports can be time-consuming and frustrating. Especially when the end result looks a little… sad. You want something that will reflect all your effort and hard work. Your reports should look as spectacular as the person creating them!
If you need advice on the best report writer bundle for your buck, contact Omni here.
Do You Need Alert Reports for Your Business?
Would you rather deal with an issue in your business before it began to affect your business or cash flow?
Of course, you would!
Being able to access information quickly and efficiently is a big part of the daily running of any business, and this is why alert reports have become so important. These reports are simple notifications that are sent to the relevant person or people letting them know of an event that has occurred.
These alerts may differ based on the industry that you work in, and even within your business depending on the department that needs to be notified and what action needs to be taken. So how do you go about setting these alerts up, and how will they be beneficial to your business?
Keep reading and we will answer some of these questions for you.
Why Do We Need Instant Notifications?
The world that we live in is faced paced and digital, and the infrastructure you have in place needs to support this. Businesses are under pressure to be always at the top of their game, and this means being aware of things that may happen before they happen! If you have prior, or immediate warning then you can prevent loss of production and income. Therefore, departments are closely monitored, and many companies are investing in report writer software.
Investing in software-based report systems means there is no room for human error. If alerts are sent out manually, there is still a time delay and risk that incorrect information is gathered or sent out. While critical issues are different in each business, and within each industry, the need for quick action does not change.
By using an automated system, you ensure that the right information is sent to the right people at the right time. This way the appropriate action can be taken, and delays, downtime or any risk of loss is minimised. Careful integration between systems makes life much simpler – and reduces stress levels!
Fleet Management Benefits
There is nothing worse than expecting a delivery and being told it will be sometime between 8 am and 5 pm! Often you clear your entire day to wait for the driver, only to be told they were delayed, and delivery will now be the next day. This is a sure way to make sure that your customer thinks twice before ordering from you again.
On the other hand, automated systems that are user friendly and offer you delivery management software simplify these processes for everyone. Companies that manage large fleets and production lines benefit from this option when it comes to managing deliveries and vehicles.
Simple Time Saver
So you can stop printing out deliveries for your drivers, tracking them manually in your fleet management, or attempting to predict the quickest delivery route in rush hour traffic. Automated systems mean:
Types of Business Alerts
Each business is unique. We understand that and make it easy for you to choose between several types of alerts, both internal and external. You can alert an entire team or department, or all employees at once or you can send notifications to individuals as needed.
How Do Alerts Affect Production?
By using automated reporting systems, you remove inconsistency in data capture and remove the risk of any problems being overlooked until it is too late. Any significant changes or events can be dealt with immediately and serious crises can be avoided. Every department from HR to manufacturing can benefit from digital monitoring and production alerts in various areas.
If your accounting department is not given the right information, then incoming and outgoing payments can bottle-neck and cash flow can be badly affected. Notifications must be given to the right people, especially for things like
Manufacturing and Marketing
The beating heart of your business is your manufacturing or production areas. If there is low stock, or a delay in materials arriving then the alerts need to be raised as soon as possible so that customers can be kept up to date, or contingency plans can be put in place.
If customers need to be alerted to delivery rescheduling for any reason this also needs to be done as soon as possible. Likewise, if websites are down and you rely on online sales, you need to be able to act as quickly as possible.
Human resources rely on various automated systems from managing leave days to those managing payroll. They are responsible for certification and training being up to date, and employees being compliant in various health and safety areas.
It is beneficial for HR departments to have automated alert reports that integrate with their other systems and keep them always updated with information for things such as:
These are just a few of the areas that benefit from having alert reports and having these notifications in place goes a long way to improving the performance of the company. Critical information is visible and accessible, and risk is reduced which will save you time and money at the end of the day.
By making use of these easy-to-use automated systems, you can improve the way your business deals with crises, as well as improve your day-to-day operations. With alert reports helping you to monitor anything that happens, you will be able to stay ahead of the game.
Would you like to know more about these essential systems? Don’t hesitate to contact us for more information or a demo of our cutting-edge systems.
5 Essential Business Reports to Keep Your Finger on the Pulse
“Data is what you need to do analytics. Information is what you need to do business.” – John Owen
We agree that information is critical in a business setting, but not just any information. We want accurate, current data that is factual and not based on opinion or trends.
Yes, we’re talking about reporting. How else can you improve the present, learn from the past, or forecast the future without this information? How can you identify irregularities or track progress without having all the facts?
Many SMEs, though, struggle with the issue of too much information. While big data is wonderful, it can also lead to overwhelm and dilution of its very purpose. With this in mind, we’re highlighting some of the essential business reports that should form the foundation of your decision-making and management, and one of the easiest ways to create the perfect reporting schedule.
What Are the Essentials of a Good Business Report?
Before we dive into these essential business reports, though, we feel it necessary to unpack what a good business report looks like.
A well-articulated business report will be easy to understand and simple to follow. On the other hand, a poorly crafted report will result in more questions than answers, and potentially, misunderstanding or misinformation.
Can you put a check next to each of the following statements?
If you are certain that the format and readability of your reports are on par, then you’ve made your entire reporting procedure a whole lot simpler and side-stepped some potential difficulties. Nicely done!
What are the Five Main Business Reports Every Business Needs?
Now that we know the how, we need to take a closer look at the what. While the metrics that matter will vary from business to business, these five foundational reports are an excellent place to start.
1. Annual Report
Your annual report is a high-level overview of your business. It should highlight business wins and accomplishments over the past year while noting potential issues and threats. An annual report that shows a strong financial position is a great way to flex your business muscles and show your worth to both customers and partners.
2. Sales and Revenue
Sales and revenue reports are one of the most basic, yet essential types of business reports, as they simply list the number of sales during a given time period. Additionally, you can quickly determine your profit margin by comparing these numbers with your expenses and gain a useful overview of sales statistics and trends.
Inventory reports can (and should) be kept as simple as possible. Their purpose is to show at a glance how much stock you are holding and what exactly it is. There are, however, more detailed inventory reports available that will help you to understand how much it is costing you to carry the stock you have, and other key metrics.
You can use your marketing report to measure your advertising and marketing efforts and highlight what is working well. A comprehensive report can quickly show your ROI and where you may need to make adjustments.
5. Online Traffic and Social Media
Is your website working for you? Web traffic reports will pinpoint the pages and information that your customers are finding useful and are engaging with. If you’re making use of social media platforms, these too offer detailed reports on reach and engagement
The Data Dilemma
Yes, the theory is sound and the logic makes sense. The problem is that you have information in various formats on several platforms. This means that getting a report together entails chasing up various team members for their updated numbers, putting it all together so that it makes sense, and hoping that it’s accurate.
That sounds like an awful lot of work that very few employees would volunteer to do.
What you need is a system that does all the heavy lifting for you.
Omni Accounts Report Writer Solutions
We need to preface this section of our article with the confession that there will be a little bit of trumpet blowing.
We know the challenges of tackling daily, weekly and monthly reports, and we know how not fun they are. Understanding these pain points has helped us to create a state-of-the-art report writer that solves your problems before you know you have them.
Here are just a few of the host of available reports and tools that we have built into our systems to streamline processes and keep our customers happy:
How many of these smart functions could you make use of in your business?
Reporting for Duty
“Many small businesses fail because of fundamental shortcomings in their business planning. It must be realistic and based on accurate, current information and educated projections for the future.” This comment made in an article unpacking business failure remains true in our troubled economic times.
Do you have all the information you need to grow your business? Or is report writing a long-winded chore that does not add much real-world value? Can you accurately assess where you’re going based on where you are now?
Future-proofing your business in today’s economy starts with integrating and automating your systems. Once you’ve chosen to partner with the right professionals, those essential business reports will become a useful and powerful product of a well-oiled machine.
We’d like to invite you to contact the Omni Accounts team and let us show you how to simplify the important things.
Simple and Accurate ERP Reporting Starts Here
Enterprise Resource Planning (ERP) software provides businesses with insightful reports that assist in day-to-day operations while also allowing for informed decision-making. Here’s everything you need to know about ERP reporting.
What is ERP?
This is a form of software used by businesses to manage activities related to manufacturing, supply chain, financials, customer relationship management, risk management and other vital operations. Through Enterprise Resource Planning, businesses are able to automate these activities and create a flow of communication between all applications
What Is the ERP Process?
Once implemented, the ERP system will increase your organisation’s operational efficiency by providing:
What Types of Reporting Can ERP Systems Produce?
Through automation and by synchronising all reporting, ERP is able to provide you with significant benefits. In terms of ERP reporting, here’s a look at the types available.
1. Ad-hoc Reporting
With this form of ERP reporting, you can choose the individual data elements that you want to be included in the report. You can also choose the format of either email or web browser. This customised reporting solution allows you to quickly distribute reports as and when needed.
2. Interactive Reports
These are very useful forms of ERP reporting that allow you to view your data in any format. They require as much or as little data as you prefer, starting with a high-level view of data which can be filtered to more relevant details as needed.
3. Ranking Report
This is a very useful reporting format that allows you to make accurate predictions for operations based on existing weaknesses and strengths. This ERP report will let you rank the various aspects of your business, whether it’s product performance, regional performance or any other performance type.
4. Web Pivot Tables
To get a different perspective on your data ERP provides web pivot tables that let you rearrange the data from any angle. This is a powerful interactive report that lets you analyse and compare data as a way to discover existing trends that can be leveraged.
5. Operational Reporting
To discover what’s happening here and now with business activities, you can benefit from ERP’s operational reporting. This relies on real-time data for up-to-the-minute insights.
6. Analytical Reporting
Unlike operational reporting that looks at current activities, analytical reporting takes a look at your previous data, whether it’s daily, weekly or monthly. This is also a great way to pick up on trends and identify areas of weakness.
7. Cross-tab Reporting
This form of ERP report summarises and compares data by cross-referencing using user-selected column data in a matrix format.
8. Self-service Reporting
One of the major benefits of ERP systems is that they’re user-friendly, which means employees outside of the IT department can access and understand the reports. This is evident by the self-service reporting option which gives users instant access to specified data, allowing them the purchase items.
This allows you to see a complete overview of critical data using graphs, diagrams and maps. This is an incredibly user-friendly interface and is a popular ERP reporting format.
How Can ERP Reporting Improve Operations?
These various types of ERP reporting serve a number of purposes, all of which are geared towards improving business operations by automating, simplifying and unifying. Here’s a look at key ways that ERP achieves this.
In a business that has multiple locations and departments, there are often several spreadsheets with individual charts of accounts. Fortunately, ERP systems will centralise and standardise all accounts for much more accurate reporting. Information consolidation also saves a great deal of time.
– Ability for Self-Service
Through self-service ERP reporting, managers are able to create and run their own reports using elements such as financial data provided by ERP software.
– Accurate Data
ERP software gives companies a single source of data that can be used internally or even externally by regulators when required. Data stored in the ERP system will be uniform without repetitions and mistakes.
What Are the Types of ERP Software?
Once you’ve committed to implementing this business-enhancing software, you’ll have to work with a supplier to determine exactly what type of ERP software will work best with your operation. Here’s an overview of the types:
– Small Business ERP
Small business ERP software will consist of pared-down features rather than providing a fully integrated system that isn’t needed for smaller businesses. This is also known as ‘lightweight’ ERP.
– Generalist ERP
This ERP option is able to adapt to processes across industries through customisation and integration. These are some of the largest ERP solutions available today.
– Open-Source ERP
This allows your business to integrate its apps into the ERP system, increasing usability and supplying a much more customised process.
– Vertical ERP
This is an industry-specific ERP often used by start-ups and smaller companies with a more niche market. Some of the industries that tend to implement Vertical ERP are fashion, supermarkets and construction.
Benefits of ERP Software for All Businesses
The reporting capabilities of ERP is just one of the many benefits of this user-friendly software for business. If you’re still on the fence about implementing ERP, then here’s a look at why it’s really worth the investment.
– Become More Efficient
ERP systems are aimed at automating business operations in order to make them more effective and efficient.
It’s able to take a variety of business processes including accounting, sales, inventory, human resources management and marketing which are then integrated into a single platform, unified and streamlined across inter-departmental workflows. It cuts out the time constraints and errors related to manual inputting of data, while also freeing up employee time, moving away from mundane and repetitive tasks, with focus directed to more valuable tasks.
– More Informed Decision-Making
Because relevant, updated data is readily available at any time, ERP empowers managers and key stakeholders with the information needed to make much more informed decisions. In a time of uncertainty, it’s beneficial for the business to have such valuable data to future-proof itself.
– Enjoy Inter-Departmental Collaboration
A cohesive workplace moving in the same direction is a successful workplace, but where departments don’t communicate with each other, problems will arise. Through ERP, data silos are integrated and remote teams are able to collaborate, driving innovation and encouraging growth.
– Keep all Data Secure
Cybersecurity is one of the biggest risks facing modern businesses. ERP software is able to provide you with assurances that all data is protected through firewalls, restriction controls, and limited user access. There is also scalability in the software, with administrators able to deactivate access and activate access where necessary.
– Reduce Operational Costs
By streamlining all processes, monitoring areas of weakness, and predicting disruptions or delays, ERP is able to help you reduce operational costs and boost the bottom line. A great ERP software provider will also offer you services such as software updates, patches and troubleshooting which means you’re saving on costs related to maintenance as well.
To find out more about the ERP software solutions that could take your business to the next level, contact Omni Accounts today.