At first glance, keeping track of the value of your company's fixed assets looks like a simple task. Dig a little deeper, however, over a longer period of time, and you will notice how much your fixed asset values fluctuate. There are a host of factors that contribute to this fluctuation, and you’ll see that sometimes they’re a bit arbitrary – no two categories of assets depreciates at the same rate and even assets in the same categories can depreciate at different rates.
To simplify th
e process of fixed asset valuation, many managers think about assets as having a life cycle, much like that of a frog or a fish. Just like animals have unique life cycles that are shaped by their environments, assets have unique patterns of value and depreciation that are also shaped by their environments.
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Topics:
Sage,
depreciation calculations,
fixed assets,
sage fas,
john shepperson,
oates co,
life cycle,
asset valuation
If you feel that you don’t have the time or resources for in-depth surveys with numerous questions, you could use the Net Promoter Score (NPS) instead.
The NPS is based on the idea that the answer to a single question will give you all the information you need to determine how satisfied your customer are.
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Topics:
john shepperson,
oates co,
detractor,
nps,
promoter,
customer satisfaction,
survey,
net promoter score,
passive,
loyalty
If you are a business, you have customers. Are you a small, medium, or large business? Do you sell to businesses, consumers, or both? Guess what. It doesn’t matter – you still have customers.
Another thing you have if you are a business: the desire to be successful. But what’s the best way to be successful?
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Topics:
john shepperson,
oates co,
customer service,
likert scale,
nps,
customer satisfaction,
survey,
net promoter score
Discover how easily you can simplify sales and use tax compliance, reduce audit risk, streamline exemption certificate management, and release audit contingency reserves back into your bottom line. Register for this free webinar and learn how automation can:
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Topics:
100 ERP,
compliance,
sales tax,
Avalara,
john shepperson,
oates co,
avatax,
webinar,
sales tax compliance
Discover how easily you can simplify sales and use tax compliance, reduce audit risk, streamline exemption certificate management, and release audit contingency reserves back into your bottom line. Register for this free webinar and learn how automation can:
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Topics:
100 ERP,
compliance,
sales tax,
Avalara,
john shepperson,
oates co,
avatax,
webinar,
sales tax compliance
The way you manage the inventory process flow in your warehouse is critical. Even if you have the best product on the market, you won’t be in business very long if your warehouse misplaces or loses merchandise. Making sure that your inventory flows smoothly in and out the door means managing your warehouse with a few best practices in mind:
Define What You Have
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Topics:
shipping,
inventory management,
inventory,
john shepperson,
oates co,
moving,
receiving,
warehouse,
inventory process
Sage 100 ERP’s upgrade to the 2014 version is projected to be available in March 2014. This release connects businesses to the cloud, providing them with better web access and stronger mobile capabilities. Sales and service professionals will now be able to access customer information, send invoices, and collect payments – all while in the field. Inventory management has been upgraded with a feature that provides more in-depth visibility, and things like invoicing are now electronic, with only problems and special circumstances requiring manual attention.
Some of the enhanced features of Sage 100 ERP 2014 include:
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Topics:
Sage,
enterprise resource planning,
Sage 100,
Sage 100 ERP,
john shepperson,
oates co,
sage 100 erp 2014,
enhanced features,
ugrade