A Great Experience At NetSuite’s Grow Live Event In Charlotte

The Encompass team had a fun and eventful time at Grow Live Charlotte! The speakers, cocktails, and networking were a great way to wind down the week. A special thank you to everyone who attended.

We did have a sub for Larry Johnson as he was not available. Muggsy Bogues was more than a sufficient alternate!

Dirk Beverage gave an exceptional talk, as well. We’d recommend anyone that has the opportunity to see him speak take full advantage of the opportunity.

a photo of encompass team members with Muggsy Bogues.

The Encompass Team Meets Muggsy Bogues At Grow Live In Charlotte.

We’ll see you at SuiteWorld!

About Encompass Solutions

Encompass Solutions, Inc. is an ERP consulting firm that offers professional services in business consulting, project management, and software implementation. Whether undertaking full-scale implementation, integration and renovation of existing systems, or addressing the emerging challenges in corporate and operational growth, Encompass provides a specialized approach to every client’s needs. As experts in identifying customer requirements and addressing them with the right solutions, we ensure our clients are equipped to match the pace of Industry.

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Small And Medium Business’ Secret Weapon

Small and medium enterprises (SMEs), also often referred to as small and midsize businesses (SMBs), have a tremendous advantage over larger enterprises and many don’t even know it. Because of SMEs’ energy and agility, they are more able to adapt to changes in the marketplace, adopting and implementing ERP solutions and emerging technologies to give them an operational advantage over larger enterprises.

SMEs are not subject to the same bureaucratic processes that corporations and other large enterprise have adopted over the years. Winning customers over with a more modern sensibility and customer-centric approach, SMEs can perform when they need to and turn on a dime when the market demands it. With larger enterprises, the adage of a big ship takes longer to steer fits appropriately alongside industry examples. Their size makes them far more able to weather storms, but less capable of maneuvering. Therefore, SMEs should be getting on board with ERP software platforms and modern automation tools to make their jobs easier now, before their current systems are outgrown at a time when operations can’t afford to be put on hold for an implementation.

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NetSuite Structures Human Capital Management To Fit The Build

When it comes to your human capital, managing your resources and putting them to use in the most efficient manner can become a cumbersome task, especially as operations scale. Fortunately, managing the needs of all departments within an organization becomes more fluid as automation of tasks and administrative duties, calculation of taxes, payroll, and peripheral finances are streamlined. The instances of human error and financial losses incurred from inaccurate data are reduced significantly while performance soars with unified business systems, like NetSuite.

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SMEs In Industry 4.0: IIoT Cybersecurity, Automation, And Cloud-Based ERP

Manufacturers are implementing technological advancements to enhance automation processes every day. We call this latest wave of rapid development Industry 4.0, the fourth industrial revolution. While modernization presents numerous opportunities for growth and process enhancement, experts are increasingly aware of their need for heightened security in an increasingly insecure digital landscape. Manufacturing and other industries are taking a closer look at cloud-based ERP and unified systems to address vulnerabilities.

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What Every CEO Should Know When It Comes To An ERP Implementation

When it comes to directing the future of a company, CEOs have to understand the necessity and difficulty in choosing the right ERP solution for their business. Not only does the solution need to fit the industry, but it must be one that a workforce can adapt readily to avoid any lull in services being delivered to customers.

a photo of a checklist being marked with a red pen.

The Implementation Journey Is An Exhaustive One And The More Preparation In Place, The Better.

The journey is an exhaustive one and the more preparation that can be put in place prior to an implementation, the more likely your success. To help avoid banging your head against the office wall in frustration, here are a few suggestions that will help ensure you make the right decision when it’s time to upgrade to a quality ERP solution.

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Small And Medium Businesses Turn To Cloud ERP For Agility In Operations

When the goal is to be agile both on the shop floor and in the marketplace, manufacturers need tools that allow them significant maneuverability. ERP systems have traditionally been the biggest component of operational adaptability when circumstances change behind the scenes. Cloud ERP is one recent example of innovation in Industry 4.0 that has reinvigorated the manufacturing space for enterprises of every size. A survey by Technology Evaluation Centers revealed Epicor ERP ranked as the top solution for growing small and medium businesses.

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Epicor Ranked Best ERP System For Small Businesses By TEC

A recent comparison of Epicor ERP, NetSuite, and Infor SyteLine in the small business category revealed that in 10 of the modules tested, Epicor ERP outscored the competition. A Vendor dedicated to proving powerful capabilities alongside ease of use, Epicor seeks to redefine the relationship workforces share with ERP. This includes the visualization, interaction, and information consumption for organizations.

The three vendors were compared across 10 main modules that include 2500 features and functions. After Epicor received top marks for five of the 10 main modules tested – General Ledger, Accounts Payable, Accounts Receivable, Job and Projecting cost, and Sales Management – Technology Evaluation Centers’ (TEC) Vendor Showdowns placed Infor SyteLine and NetSuite in second and third place respectively.

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Mead Manufacturers Positioned To Benefit Under NY State Licensing

Traditional honey-wine, more commonly known as mead, is fast becoming a popular drink of choice among many New Yorkers. The ancient beverage has a growing following as well as a small but dedicated contingent of manufacturers in the north-eastern state. Governor Andrew Cuomo has recently proposed an allowance for mead producers to take advantage of an NY state “farm beverage license”. The provision allows these beverage manufacturers to enjoy the same benefits afforded to wineries, breweries, and distilleries, which have experienced a significant economic boom because of their commitment to using New York-sourced ingredients.

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The KPI That Satisfies Both Customers And Stakeholders

When it comes to delivering on your stakeholders’ expectations, there is only one action that defines success in the world of commerce. That is getting the right products to the right customers at the right price. Completing the trifecta while keeping costs to a minimum and efficiency to a maximum are what manufacturers, distributors, and retailers strive for. In the case of many enterprises, only a quality ERP solution can tackle each of these challenges head-on.

The commerce ecosystem, whether it be in traditionally grounded retail or exclusively an online operation, is a delicate one that relies equally on manufacturers, suppliers, and retailers to deliver the product to customers the way they want it, when they want it. Order fulfillment is the key performance indicator that illustrates when these systems are operating in harmony and out of order.

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New Tax Cuts For Brewers, Distillers, And Vintners Paves The Way For Expansion

For those unfamiliar with the Craft Beverage Modernization and Tax Reform Act, the recently passed tax reform applying to alcoholic beverage manufacturers, the short of it is that the legislation offers two years of heavy relief from federal excise taxes applied to one of the most severely taxed industries in the US. So, what are craft brewers, distillers, and vintners going to do with it? For most, the word is grow.

The tax breaks will translate into substantial annual savings for these craft beverage makers, between $20,000 and $100,000 to be more precise, and allow them to hire more staff, expand operations, and invest in marketing to build their brands.

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