Collaboration is a hot topic in this current economic environment. Companies realize that in order to maintain the competitive market advantage they've worked so hard to nurture, they need to become more efficient and reduce costs. One of the quickest and best ways to do so is by maximizing their collaboration with their ERP software.
Sage ERP X3 is a best-of-breed platform that will make it easy to improve utilization and integration across your entire organization.
Topics: ERP, Sage, sage erp x3, automating processes, enterprise resource planning, integration, john shepperson, oates co, collaboration, utilization
Whether you are embarking on the purchase of your first accounting software or replacing a system you have outgrown, serious thought and planning are necessary to ensure that you choose the right software and implement it successfully.
Topics: Sage 100, Sage 100 ERP, accounting software, sage africa, john shepperson, oates co, needs assessment
For many companies, accounts payable is one of the busiest desks in accounting. A well-written Accounts Payable Policy and Procedure document can help prevent many problems. Here are some things you should consider when composing a policy.
Topics: john shepperson, oates co, accounts payable, vendors, discounts, entry errors, posting dates, batch entries
North Carolina is consistently recognized for its outstanding business climate, and a recent story on North Carolina Public Radio made a list to that effect, saying that “the positive rankings North Carolina has received from business media outlets [include]:”
According to the same article, North Carolina passed several bills this year that could affect many of the criteria used to create those rankings. Governor McCrory, at the signing of the bills, stated: “Because of this package, job creators will think about relocating to our great state.”
Below is an incomplete list of the criteria that go into North Carolina’s business rankings:
Topics: North Carolina, NC, taxes, john shepperson, oates co, McCrory, cost of living, workforce, department of commerce, DHHS, infrastructure, government, department of health and human services, business rankings
Let’s talk about cost accounting. Whether you are a contractor, a consultant, or a manufacturer of widgets, costing is a valuable tool for planning, setting prices, and identifying areas that need improvement.
Sometimes the market dictates prices for a service or item. In that case, costing will let you know which product is the most profitable and which one you are subsidizing. Many people view subsidizing in a negative light, although it is not a bad concept – subsidizing a low priced washer may get you’re an order for a special, very profitable bolt that you wouldn’t have gotten otherwise.
Topics: oates and co, Sage, consultant, accounting software, john shepperson, oates co, manufacturing, bill of materials, cost accounting, subsidizing, contractor, manufacturer
What is one of the biggest items on your balance sheet? Your fixed assets. Did you know that you could identify potential savings among your fixed assets through a first-rate fixed asset accounting system?
Topics: depreciation calculations, fixed assets, compliance, fixed asset accounting, accounting, john shepperson, oates co, regulatory compliance
Choosing the right business management software can be tricky. You want to balance efficiency and ease-of-use while still having comprehensive data and a full set of features. Sage ERP X3 is a time-tested enterprise resource planning (ERP) option designed to keep pace with a dynamic and increasingly global economy, where employees require up-to-the-minute information anywhere they are.
Topics: ERP, Sage, sage erp x3, cloud storage, enterprise resource planning, cloud, X3, john shepperson, oates co
Proactively addressing potential issues in your business can prevent future problems, and inventory is especially important, as it is your biggest asset and represents a significant investment of company cash. 
First, what is inventory? Inventory is your … stuff. The stuff you have to make things, the stuff you sell, the stuff you use to run the office – basically, all the things that you use in your business to generate revenue.
Here are two tools to evaluate efficient inventory management.
Topics: inventory management, inventory, john shepperson, oates co, tools, turnover rate, obsolescence, purchasing policies
When you first launched your small business, almost all of your focus was on increasing the turnover of your current assets. You had a product and you wanted to sell it. Now, as your business has begun to grow, you find yourself making long-term investments in fixed assets. Making value determinations on these fixed assets can be much more complicated than valuing your current assets.
Topics: oates, Sage, fixed assets, sage fas, john shepperson, oates co, small business
Small and medium sized businesses often find themselves in the unfortunate position of needing a small, simple enterprise resource planning (ERP) solution but only finding large, complicated options. For a long time the only real choices in this situation were to go without an ERP solution and continue to deal with frustrating inefficiencies or buy into a way bigger solution than was needed.
Topics: ERP, Sage, sage erp x3, efficiency, integration, X3, john shepperson, oates co, quickbooks versus sage erp x3, customizable
