SAP Business One allows users to easily provide a schedule from Aging Reports that supports the GL account balance(s) on the Balance Sheet as of any date.
After a 1-year break where Sage focused on small regional events, Sage Summit is back! In 2019 Sage plans to hold 2 events; Sage Summit West will take place in San Diego from Feb. 13-15 and Sage Summit East will take place in Atlanta from May 13-15. With the goal of two events being the reduction of travel time and costs, the two Summits will likely be duplicates so most customers and partners will need only attend the one most convenient for them.
The annual SAP User Group meeting was held in Orlando on October 22-24. The conference was filled with great content, networking and learning. This was the second year the user conference was run by Eventful Conferences, a professional event planning group owned by ASUG, and the results showed.
As the annual SAP Business One user’s conference approaches in just two weeks it is time to start planning your agenda. This year the Biz.One conference includes new ½ day workshops on Wednesday which are sure to provide more in-depth learning than ever before. There is also a demo theatre where you can get group presentations of the latest third party solutions. This makes Biz.One a greater value to companies looking to maximize the value of their ERP investment.
With the ever increasing compute power and improved business management software, companies have more access to data than ever. Successful companies turn data into insights and insights into action.
As a small business owner or a mid-sized business manager you already have enough on your plate to have to deal with cyber security issues. Unfortunately, recent statistics show that 61% of small and medium sized businesses suffered a Cyber Attack in 2017, up from 55% in 2016 according to the Ponemon Institute. The same report noted that the average cost due to damage or theft of IT assets and infrastructure increased from $879,582 to $1,027,053. The average cost due to disruption to normal operations increased from $955,429 to $1,207,965.
For decades we have been talking about the ever increasing pace of change in business. Long term plans have shortened from 10 years to 3 years. Back in the 60’s we got Moore’s Law predicting that the power of computing doubling every year and it has solidified into our whole economy.
I have the good fortune to be able to attend strategy sessions with some of the greatest technology partners on the planet. At these meetings I get to hear prognostications, thought leadership and corporate direction of people and companies which are much smarter than I. The messages about the future of technology, the omnipresence of the cloud and the impact of machine learning are consistent and insightful. One of the messages is always about how all this technology must be customer centric.
Once the GDPR was officially adopted on April 27, 2016, it was important to translate the GDPR’s legal requirements into business requirements that were specific to I-Business Network. Although I-BN is solely based in the United States we have customers globally, many of which do business with and within the European Union. Accordingly we are taking steps to ensure I-BN is in compliance with all laws and regulations which can affect our mutual operations. Some of the actions we have taken and are taking include:
Distributors know the importance of effective inventory management to meet customer demand and prevent dissatisfaction. As businesses grow, order volumes increase, and multiple warehouses emerge, inventory control becomes more difficult. If you are one of those managers who have to extract data from your accounting software into spreadsheets to manage your inventory, you need to consider upgrading to a platform like SAPDistribution.com powered by SAP Business One. If you don’t have tools that provide the kinds of answers listed below, you may want to consider a change.