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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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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ERP Software Guide For Small And Medium-Sized Businesses

Often, Small and Medium-sized Businesses (SMB) get their start using home-grown systems and those they’ve pieced together for specific purposes within their operations. However, as time passes and the organization grows, those same systems don’t scale and can hinder a business’ competitiveness because of poor performance. That’s where Enterprise Resource Planning (ERP) comes into the picture. An ERP system is one that integrates all your business’ essential operations into one interface, connecting the data you need to the departments that need it.

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Encompass And Avalara Meet-Up At Melt Kitchen and Bar

Encompass Solutions’ Greensboro office had a great time last night meeting with Avalara to reconnect after the new year and discuss integration opportunities with clients in need of automated tax compliance in the form of an end-to-end solution.

Melt Kitchen and Bar was the venue, which served up some exceptional appetizers and beverages throughout the evening. The restaurant is known for their crispy Brussels sprouts and after ordering a few plates for our own research purposes we can definitely agree they are a must for anyone visiting. Sampling the craft brews on tap alongside good conversation kept the night’s event flowing smoothly at this local hot spot many of us will be revisiting in the future.

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Top 10 Automation Trends in 2018

Automation has experienced a substantial boom over the past several years and things are only gaining momentum. We couldn’t possibly cover all the latest updates and emerging trends, so here are the 10 we believe to be the most exciting emerging trends in automation for 2018.

1. Industrial Internet Of Things (IIoT) Technology Bringing Down Overhead

Lower cost and higher value products with the capability of connecting to existing infrastructure and relaying relevant performance data in real-time will continue to cut automation costs for operations, at scale. Higher-performance processors, detailed sensor equipment, more robust analytics software, ultra-precise vision systems, and cloud computing are only a few examples of IIoT tech that are shaking up automation in Industry 4.0.

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Emerging Technologies In Manufacturing And Industry 4.0

Manufacturers and distributors have access to data on a scale that has never existed before and the two are leveraging the insights gleaned from that access to pursue new innovations in automation and systems that are reshaping the face of these industries. Pairing innovations like these with a robust ERP solution is the most effective way to ensure your business is prepared to address emerging trends that can reshape your industry overnight.

Industry 4.0

First, there was industry 1.0, the emergence of mechanization, as well as water-, steam-, and fossil fuel-powered systems. This was followed by mass production of goods, assembly line manufacturing, and electricity powering it all in Industry 2.0. With 3.0 came computers and automation using robotics. Today, we’ve reached the next milestone in revolutionizing Industry. Connecting established trends and emerging technologies between automation and data exchange in manufacturing is Industry 4.0. Also referred to as the fourth industrial revolution, it is focused on bringing cyber-physical systems into the mainstream and placing them at the forefront of the manufacturing industry.

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