Small Sat Conference 2024: A Glimpse into the Future of Space Technology
The Small Satellite Conference, often referred to as the Small Sat Conference, has long been a hub of innovation, collaboration, and inspiration for professionals, researchers, and enthusiasts in the space industry. The 2024 edition of this event lived up to its reputation, offering attendees a deep dive into the latest advancements, trends, and challenges in the rapidly evolving world of small satellites.
SL Leap Year Functionality
Did you know 2024 is a leap year? That means there is some verification that will need to be done during February to ensure that the last day of the month is updated to 2/29 in your Dynamics SL system. Below details the few steps needed to do this:
A Note from the President
This past month marked a significant milestone for Polaris Business Solutions as we celebrated our 17th anniversary! Reflecting on our journey since 2007, it’s been a remarkable evolution. As the song goes, “What a long, strange trip it’s been.”
Who is Polaris Business Solutions?
Polaris Business Solutions’ birthday is coming up, so what a better way to start the week then with a re-introduction of who we are and what we do!
Life Cycle of a Loan in AcuLoan
The all-in-one loan management tool built for Acumatica has several components that make it a great fit for many different types of loans for companies in various industries. AcuLoan is built to serve both debtor and creditor types of loans making it a versatile loan management tool seamlessly integrated into Acumatica.
The life cycle of a loan is completely managed within the AcuLoan system. The loan is first entered into the system as a loan account with the “applied for” status. Users then leverage the Acumatica CRM system to assess the application and any documentation associated with the loan. Loans are then approved within the system and users make the payment within AcuLoan. All contact information for the loan account is held in the system for an easy user experience.
The all-in-one tool that Acumatica has for managing loan accounts makes it easy to see all information related to the loan and see how this information ties to accounting details. There is no longer a need for both a loan management program and an accounting program.
If you think your company could benefit from a single system to manage your loan accounts, contact Polaris Business Solutions for a demonstration of AcuLoan. Please email info@polaris-business.com.
Creating a Report in AcuLoan
Like Acumatica, AcuLoan has several built-in reporting features that come out of the box. Reporting is essential to the management of loans and many of the reports in AcuLoan show vital information for keeping loans up-to-date, payments processed, and ensuring loans are transacting in the proper way. Some of the reports that are included with AcuLoan are the loan summary, loan schedule, and transaction history report. Above is a full view of the inquiries and reports available in the AcuLoan workspace.
These reports are run in the same way Acumatica reports are run. For example, below you read the steps on how a user can create a report in AcuLoan.
- Users will select the report or inquiry they choose to run. In this example, we will take a look at the Age Analysis Inquiry.
2. Once this loads on the screen, users will select the parameters for running the report.
3. Some of these selections in the header could include branch, loan type, payment frequency, dates, report group or sub group.
4. After selecting the necessary parameters, users will run the report.
5. This will populate on the screen information for users to analyze.
Information in AcuLoan is updated in the same way Acumatica is updated. Real-time data in taken into account when reports are processed throughout the system. Reports and inquiries throughout both Acumatica and AcuLoan can be exported to Excel for further manipulation. Running reports in AcuLoan is a simple, single-system process. Users of AcuLoan access reports from one screen without having to leave Acumatica, this is a great benefit of the AcuLoan integration with Acumatica.
If you think your loan management process could benefit from an integrated reporting process, please reach out to Polaris Business Solutions. We would love to show you a full demo of AcuLoan and all of its great features; aculoan@polaris-business.com.
Measuring Success with an ERP
ERP software is a powerful tool that can help businesses streamline their operations, reduce costs, and increase efficiency. However, to truly reap the benefits of an ERP system, it’s important to measure its success. In this blog post, we’ll explore how to measure success with an ERP and how to use these measurements to drive continuous improvement.
FAQs about ERPs
As businesses adopt ERP systems, they often have several questions about how it works, what benefits it provides, and how it can be implemented. In this blog, we’ll explore some of the frequently asked questions (FAQs) about ERP and provide answers to help businesses understand this powerful tool.
Types of ERPs
In our previous blogs in this series, we have gone over, how to start your search for the right ERP and what an ERP is. Another important factor to understand is the types of ERPs. Having an ERP solution that works with your company, and has the right tools is important, but figuring out of what type of ERP is the right one isn’t always the easiest task.
Invoicing when taking the Asphalt Price Index into Account
Using the asphalt price index can be complex when used to calculate the amount and quantity needed for an invoice. Polaris Business Solutions has worked to build functionality suited specifically for Acumatica. Formulas embedded right into Acumatica have created a simple and easy-to-use system when considering the asphalt price index. The process can easily be streamlined for quoting, invoicing, and revenue recognition.