Category: Uncategorized

The Only Financial Management Software You’ll Ever Need

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.

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Streamline your Business with Sage Enterprise Management

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.

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Sage Enterprise Resource Planning Support is Here

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.

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Brush Up on Retail Best Practices This Year

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.

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Three Core Ways to Enhance Your Non-Profit Management

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.

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Empowering Small Businesses with Financial Systems

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.

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Three Essential Tips For Start-ups

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.

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Focal Points For International Expansion

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.

international expansion

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.

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The Benefits of Cloud-Based Services for Media Companies

Consumers stream massive amounts of content for entertainment and information purposes, for work and leisure; scalable, flexible, and reliable cloud capabilities have made this possible. They want to enjoy these services from many locations and on a wide array of devices. Binge-watching the latest dystopian sci-fi series at home and composing a tweet-storm during the morning commute are both cloud-based functionalities that require reliable services and connection.

Social media platforms, entertainment streaming services like Netflix and Hulu, live streaming events, and virtual meeting spaces, to name a few, wouldn’t be possible without the cloud. Media companies need to stay on the cutting edge of technology and they were some of the first enterprises to realize the potential of the cloud. Maintaining big data processing, ingesting, transcoding, and transferring huge files in several formats – and doing so securely – is made much more efficient with multi-cloud solutions. There can be sudden spikes in demand, and the ability to scale up to meet this and other unanticipated events is invaluable.

Some Benefits Include:

  • Companies that are expanding, or ones that are downsizing, benefit from the scalability of cloud computing services.
  • There is no need to hire IT staff to install, upgrade, and maintain in-house servers with virtual solutions.
  • The cloud is more secure than physical infrastructure to protect sensitive information and sources.
  • Employees have access to information they need from various locations which allows for work to be done at home, in other cities or countries, or during travel.
  • Staff in different departments can access company-wide insights and data they need instantly.
  • Enterprise Resource Planning (ERP) can also be handled much more efficiently with a cloud-based system in place.

The benefits of Sage 300cloud which was formerly known as Sage 300cloud (formerly known as Sage 300) to media companies are numerous. Access to real-time data allows for accurate decision-making. Administrative, financial, and accounting information is at one’s fingertips. Human resources management, including recruitment and onboarding, is accessible and streamlined. Customer relationship management is easily accessible to employees where and when they need it to serve current and potential customers. All maintenance, upgrades, and security is provided by Sage, trusted third party experts and leaders in the industry.

For media and entertainment businesses with physical inventory, manufacturing and distribution can also be managed from the same integrated platform.

And, for those who prefer an on-premise ERP solution, IWI Consulting Group can tailor a system to suit those specific needs. Plus, when ready, we can help businesses adopt the cloud and maximize its benefits and functionalities. We can customize any choice of Sage software to fit an organization’s operations and challenges.

IWI Consulting Group helps media companies, non-profits, distributors and manufacturers, and other enterprises maximize their ERP for efficiency and growth. We’re a client-focused company committed to understanding your needs and exceeding your expectations with our blend of technological expertise and industry knowledge. Our consulting team is here to help every step of the adoption process.

To learn about us and our multiple Sage software solutions, visit the rest of our website or give us a call at 1-866-916-3851.

If you’re already a Sage-user, we can provide Sage 300 (Accpac) support and assistance with a variety of other ERP software solutions.

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3 Key Business Growth Strategies to Close Out 2018

The end of the year is in sight but it’s not time to slow down. The final months of a year is a great time to reflect on successes, consider areas that need improvement, and continue ongoing brainstorming for new initiatives and plans. There’s always room for growth; key areas to work on are market research, social outreach, and resource management and planning.

IWI Consulting Group offers IT and Sage consulting services for enterprises who are looking to improve their efficiency and growth, plus transition from traditional practices to the digital realm. With over 100 plus years of combined expertise in various industries and with combined technological knowledge, we can help your business implement Enterprise Resource Planning and Customer Relationship Management solutions for a competitive advantage. Below are three areas that are important to not only keep an eye on but to make pillars of your company’s entire growth strategy.

  1. Include Trend-watching in Growth Marketing

Your market research already includes competencies in areas like targeting your demo, testing and feedback, sales, advertising, pricing, distribution, and more. It’s important to add trend-watching to this list to help bolster the others.

Before developing or launching anything new, take the time to study trends in your niche area, and in adjacent and related ones, to see what customers, influencers, competitors, and companies from which you’re trying to differentiate yourself are talking about, moving away from, and excited to buy.

Get to know the average lifespan of trends and develop an eye for quality ones that show a substantial shift in culture, ways of thinking, and innovations, versus a hot trend that will quickly burn out. Make this an ongoing and seasonal process. Good places to start are your social platforms like Instagram.

  1. Improve Your Social Strategy

It’s well-known that utilizing social media platforms is a necessity in 2018 and in the future. Yet using social platforms effectively is still elusive for many.

It’s not enough to simply open a Facebook and Twitter account: you need to increase your following and engagement to grow your brand and reach new customers. Providing quality content is the cornerstone of a social feed people will want to follow. Consider why customers would want to follow a brand. Receiving useful information through regular posts, helpful tips through reading blogs, interesting and entertaining media, access to special deals and opportunities, and learning about what’s next.

Monitor your channels and respond to people and take part in community-building activities. Though it’s wise to register your brand name on all platforms to reserve and protect the name from being taken by someone else, it isn’t necessary to actively use all social media sites. Know which couple platforms your target customers use and spend time and resources making those great.

  1. Enhance Your Enterprise Resource Planning

With Sage Enterprise Management software which was formerly known as Sage X3, you can integrate your departments and processes, create a coherent system of workflows, access centralized data, monitor inventory and orders, review and approve expenses, and easily create reports using one program.

Risk and costs are simpler to manage and it’s easier to identify opportunities with improved insights. And, with cloud capabilities, you aren’t confined to the office computers, nor are your employees.

IWI Consulting Group can help you make sense of your data and create strategies for customer engagement and growth. Your customers are fully digitized as should your enterprise be. You can call us to learn more about our whole suite of ERP and CRM software solutions.

Growth is all about accessing the right information, applying it to your situation, reaching customers and engaging with them, and tightening up the efficiencies of your operation. Digital resources can help you achieve all these goals, and IWI Consulting Group is here to help you achieve them.

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