6 Signs Your ERP isn’t Working Hard Enough
Posted by Elly Mioduszewski and Bryan Powrozek on February 3, 2022
Enterprise Resource Planning is an essential software tool for monitoring all kinds of businesses. No matter how advanced an ERP software product might be, the ROI depends on how well it’s implemented, how carefully your team applies its features to the needs of your business, and how many of your core processes are integrated with it.
Important 2022 Cybersecurity Reminders
Posted by Tevon Campbell on January 4, 2022
With all the statistical data on the increase in cybercrime, and the cost to businesses that fall victim to these attacks, cybersecurity is always top of mind. While it’s important to implement technology to protect your company’s data, here are some steps your employees can take to help with cybersecurity.
Cyberattacks: Your Small Business’s Worst Nightmare
Posted by Elly Mioduszewski on December 27, 2021
Estimates say that cyber breaches can go undetected for about 200 days on average. A lot of damage can be done in the time that companies don’t even realize they have been compromised. If you're wondering if your business should invest in cybersecurity, the answer is a resounding yes and here are just three of the many reasons why.
Digital Transformation: A Catalyst for Growth
Posted by Elly Mioduszewski on November 23, 2021
Today’s middle market companies have the ability for expansive growth. Those experiencing growth are more productive, efficient and secure than the past. They communicate better, react to customer needs faster and enjoy greater bottom-line savings than their competition. How do they do it? By implementing digital transformation strategies into their everyday operations. And it’s a practice you can add to your own facility.
Building Blocks of Revenue Management
Posted by Ben Smith on October 19, 2021
Many companies faced financial and operational challenges due to the pandemic, including production delays and supply chain issues. Despite a record high positive industry outlook, businesses are searching for new ways to understand the relationship between customer demand and available resources.
The Role of Data Analytics in Revenue Management
Posted by Ben Smith on July 20, 2021
The ability to anticipate demand can empower management to make important resource allocation and pricing decisions. While such empowerment is attractive, many companies lack the necessary data collection and analytics processes.
How Data Analytics Drives Manufacturing Businesses Forward
Posted by Clayton & McKervey on May 13, 2021
Numbers matter in manufacturing. They determine your costs and your revenue. They are the foundation of algorithms that move your machines and measure your products to the most precise degree.
Financial Management: 4 Key Technology Transformations
Posted by Ben Smith on April 15, 2021
From shifts towards data-driven strategy to the implementation of new technological tools, the world of accounting and finance is rapidly changing. Here are four trends we are tracking right now and what they mean for your business.
KPIs to Take Your Business to the Next Level
Posted by Clayton & McKervey on March 24, 2021
Listen to this episode of The Sound of Automation podcast and learn what KPIs to track and how they can help your business succeed.
Sales Analytics: A 21st Century Approach to the Consumer
Posted by Ben Smith on February 2, 2021
Monitoring sales is a critical aspect of any high performing business. In the mission to work smarter, sales analytics tools provide a level of optics that help leaders predict and understand critical business trends.
Inventory Optimization Creates Expanded Working Capital
Posted by Jim Biehl on December 14, 2020
Many businesses were caught off guard by the COVID-19 pandemic. Stay-at-home orders and mandatory business closures created significant operational challenges.
Scenario Planning in the Age of COVID-19
Posted by Ben Smith on September 14, 2020
As 2020 has shown, simply saying that “scenario planning is important” is an understatement. Scenario planning is essential. Since March, COVID-19 has changed the world, and in doing so has challenged every modern assumption about enterprise as we know it.
Data Analytics Advice from Ben Smith
Posted by Clayton & McKervey on August 20, 2020
Senior Manager Ben Smith shares his advice about analytics mistakes to avoid. Check out the full article in InformationWeek.
Control Design Article: COVID-19 Impacts
Posted by Tim Finerty and Bryan Powrozek on August 19, 2020
Industrial Automation Shareholder Tim Finerty and Manager Bryan Powrozek share some recommendations to put businesses in the best future position as they navigate the impacts of COVID-19.
The Role of Data Analytics in COVID-19 Recovery
Posted by Ben Smith on June 24, 2020
As more and more states begin to reopen their economy, the COVID-19 conversation is shifting from survival to recovery. Through targeted data analytics, companies can access and analyze data to drive recovery planning. Here is a summary of important details.
Managing Cash Flow through Data Analytics
Posted by Ben Smith and Jim Biehl on June 16, 2020
Every business should regularly review cash flow and optimization opportunities to ensure the highest level of financial vitality. Maintaining a clear picture of this important metric is not only essential to effective decision making but also necessary for managing the unexpected.
Navigating Business Issues During COVID-19
Posted by Ben Smith on April 20, 2020
How data analytics can uncover key trends The Coronavirus (COVID-19) threat has created uncertain conditions for individuals, families, businesses and the broader community. While concern …
Financial Analysis Video: Days Cash On Hand
Posted by Dave Van Damme on April 6, 2020
In light of COVID-19, business owners, CFOs and operations managers are spending a lot of time thinking about cash flow. Now, more than ever, cash is king and understanding how to plan over the next few months and beyond is vital. Watch the video to learn more.
Financial Analysis Video: Gross Profit & Gross Margin
Posted by Dave Van Damme on March 10, 2020
This video discusses the importance of using gross profit and gross margin to determine your company's performance, analyze year-over-year changes, and understand how additional sales can impact gross margin.
Financial Analysis Video: Utilization
Posted by Dave Van Damme on March 3, 2020
Senior Manager Dave Van Damme shares insights on a handful of key performance metrics to help business owners track financial performance.
Driving Efficiency Through Data Analytics
Posted by Ben Smith on February 25, 2020
At the end of 2019, many businesses spent time evaluating performance, establishing profit and growth goals and approving budgets. There was also time spent drilling down on results to understand what was working and where changes needed to be made.
Financial Analysis Video: Revenue By Employee
Posted by Dave Van Damme on January 23, 2020
Senior Manager Dave Van Damme shares insights on a handful of key metrics to help business owners track financial performance. Here, he discusses revenue per employee so that business owners can better understand the relationship between revenues and costs.
Vigilance Helps Defend Cyber Attacks
Posted by Dave Van Damme on February 5, 2019
Situations You’ll Want to Avoid You have undoubtedly heard it before: When it comes to opening emails, clicking links, and browsing – – “Be vigilant.” …