Process manufacturers do not have the sophistication of converting back their end product into base components, but there are more complexity associated with process manufacturing. Here are the 6 challenges that process manufactures face and how an ERP solution like Sage Enterprise Management (EM) can help solve it.

Inventory Management plays a crucial role in businesses but also poses many challenges. But with an effective inventory management solution you can overcome this as well as many unknown factors that pose a threat. Learn how you can streamline your inventory management in seven ways using Sage EM

Here at IWI Consulting Group we believe in providing customers with the highest quality enterprise research planning (ERP) software solutions for efficiency and growth. Our consultants can help you transition into better ERP solutions and get you set-up with the right technology from the get-go. We also provide IT and networking services for your business as well as custom development ERP solutions.

Looking for the best enterprise resource planning (ERP) software available to manage your growing business? Here at IWI Consulting Group we can simplify your business operations by getting you set up with Sage Business Cloud Enterprise Management (formerly known as Sage X3), the next generation of business management software solutions.

An enterprise resource planning system is essential for increasing growth and efficiency in today’s marketplace. Sage is a leader in ERP packages that can help your business integrate operations, collect and use data, plus stay current, backed-up, and secure in the cloud.

A new year is here, and it’s an ideal time to review your business practices in addition to your personal goals. The retail industry has seen many changes in the last decade, and whether you’re running a brick and mortar store or an online shop, there are always a few key areas to keep an eye on.

Non-profits by their very nature face specialized issues and circumstances that require mission-focused management and strong teambuilding. Utilizing the help of enterprise resource planning (ERP) system can help immensely with the nitty-gritty of operations, financial management, human resources, donations, and more. While running a successful non-profit or non-governmental organization takes a wide variety of skills and competencies, there are a few core areas to strengthen to form a solid base on which to build.

New small businesses face unique financial management challenges because they don’t share the same advantages that larger corporations do in the marketplace. Cash flow is a primary concern. Even with a promising product or service that is performing well, and deals being made that will pay out in the future, there is still a limited amount of cash on hand to pay for current expenses. Owners may not receive a steady income for an uncomfortable length of time because paying employees and the bills come first.

The early stages of a start-up are an exciting time filled with hopes and fears alike. You have an idea that people really need and will find greatly useful. Planning and executing your innovative, unique, and possibly risky idea can be thrilling, but it requires a delicate balancing of sober preparation and careful management with bold moves and forward momentum. Accessing the right resources and expertise, research, and finding the best people are the foundation for success.

Expanding into global markets is an exciting prospect that comes with many advantages, but it can feel intimidating and overwhelming. There are always fears attached to new ventures. Thankfully, good preparation and accessing the right resources can make things much easier. By embracing the help of consultants, you can reap the benefits of their knowledge and experience with success.

Whether you’re a start-up that wants to jump on international opportunities early in the game, or you’re an established business that has found it’s finally time to go for it, using an enterprise resource planning system, doing proper research, and organizing logistics are key areas to focus on to make your expansion go smoothly – from planning to execution to daily operations.

At IWI Consulting Group, we’re business management software experts assisting Canadian businesses and non-profits to use enterprise resource planning and customer relationship management systems to improve their current operations and expand into new markets. These software solutions can be custom-fit to suit your company’s needs, now and in the future, with consulting support and resources.

Focal Points For Expansion:

Utilize An ERP Solution. An enterprise resource planning system can help your business expand into new markets plus increase overall efficiency and departmental integration. With a solution like Sage EM (formerly known as Sage X3) you can better collect, analyze, and utilize data to help prepare you for growth and expansion. Receive insight into relationships with current and potential customers; support for growing business into new locations, languages, and currencies; and improve employee access to shared tools for increased productivity. Shared knowledge is a key part of an ERP system and being able to share insights across multiple business locations, internationally and through the cloud, is possible with Sage software.

Make Wise Partnerships Along The Supply Chain. The specifics of your business will dictate what types of relationships you’ll need to make, such as distribution partners, materials suppliers, importers/exporters, etc. Moving goods through customs in a timely manner, for example, can cause a lot of hassle, particularly for certain types of goods, i.e., technology or controlled goods. You may need a Non-Resident Importer of Record that can assume the risks of international shipping, prepare all the proper documentation correctly and in a timely manner, and that can move your products through customs without costly delays.

The nations you’re expanding into will have their own laws and regulations related to your business that may also affect your supply chain choices. Contacting a consultant and other experts who work in the country that you’ve set your sights on, and/or in nations that you’re planning to buy and ship from, can save a lot of time and money.

Conduct Cultural Research. A key part of your market research, development, and other exploratory activities should be a deep dive into the culture where you plan to set up shop. This goes beyond language translation and currency. Learn about cultural elements directly related to and seemingly unrelated to your product. Look at daily life, entertainment, food, leisure time, art, technology, and more to get a feel for the place and its people. What are the cultural trends, political, and social climate like? Which businesses and industries are succeeding and failing? Where are there gaps and needs? You may need to adjust your product or service slightly – or dramatically – to suit the needs of this new market.

To learn more about IWI Consulting Group and our full suite of Sage Software Solutions, give us a call or email us any time. Our team of experts is available if you have questions about Sage EM (formerly known as Sage X3), Sage 300cloud (formerly known as Sage 300), or Sage Intacct solutions in Toronto to help your business succeed.