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.
What is an ERP and how can it help you?
We spend a lot of time talking about different ERPs, but we never really talk about what an ERP actually is. What should your ERP be capable of? Why do you even need one or how do you know if you need one?
Are you in Technology Debt?
You might have heard the term Technology Debt buzzing around, and thought to yourself, well what is that, and maybe even thought, that’s not good. But what exactly is Technology debt? Technology debt is defined as a software problem that may lead to hidden costs, substantial technology failures in the future, or eroding productivity that may not be evident until it is very costly to fix. Like with most things, there are good and bad with technology debt, but regardless of that, it does have an impact on your business.
CDFI Conference
Last month Polaris Business Solutions attended the Opportunity Finance Network Annual Conference in New York City. The Opportunity Finance Network is a group of Community Development Financial Institutions (CDFIs) whose main goals are to help bridge the wealth gap from those in low-income, food deserts, and rural areas to those in cities with higher incomes. The purpose and goals of CDFIs are very empowering and important, and the time we spent at the conference was eye-opening in many different ways.
CDFIs are lenders with a special mission to help provide a fair, responsible financing opportunity to rural, native, and other communities without typical finance options. Although this may seem risky, there is a large opportunity to help those who need it most. Unlike a traditional bank, a CDFI lends to individuals, community organizations, and businesses in underserved areas all while coaching, educating, and helping build wealth – giving more than just money.
While attending the conference, we learned a lot about what the CDFIs are using for technology to track their loans, manage their AP/AR, and keep their overall businesses intact. Many CDFIs have several systems they use to track the same things within their industry leading to confusion, duplication, and errors in data. Polaris Business Solutions hopes to help CDFIs with their technology needs as we are continuing to educate ourselves about the growing and quickly changing industry.
We are eager to start on this journey and help an industry that helps so many other people. A trip to the Big Apple is always great, but a trip where we learned so much is even better!
Appointment Scheduling in Acumatica with 2022 R2
Acumatica has the ability to integrate with several different ISVs, including those that help with the scheduling of service appointments. These add-ons to Acumatica are a great way to enhance the use of Acumatica. With the release of Acumatica 2022 R2, appointment scheduling has been enhanced and the functionality has been optimized.
The new release has some essential features that help to enhance how Acumatica can work for scheduling appointments. Acumatica now has the ability to consider a staff member’s skills and abilities when they are being assigned to an appointment. When a user runs the process for scheduling an appointment a new form titled Optimize Appointment Scheduling has more information with specific users skills. The system will then allow a user to assign a staff member to a job based on the skills they hold, not just based on their calendar availability.
Above is a screenshot of the new form used to manage schedule optimization based on skills.
There are a few things that have to be selected to ensure this form is filled out properly:
- The type must be selected
- The branch, location, and date have to be selected for the appointment
- The checkbox labeled “consider skills” must be checked to ensure skills are taken into consideration
If you think your company could benefit from the new appointment optimization in Acumatica, please reach out to Polaris Business Solutions at info@polaris-business.com.
Who is LeaseQuery?
What is LeaseQuery? It is a lease accounting software made by accountants for accountants. LeaseQuery provides the calculations and functionality that are necessary to comply with reporting standards.
Top 5 Blogs: 2021
As the year draws to a close we take a look back at some of the blogs we posted. Here are our Top 5 Blog posts this year!
Autonomous Endpoint Protection with SentinelOne
Technology has changed a lot over the last couple of decades, but one thing that remains consistent is hackers. Traditional security software looks for something that is known – which means your protection is good until hackers ultimately use enough masking techniques to bypass security software. Recently a new type of technology has become available that analyzes behavior to identify suspicious activity on execution. Endpoint detection and response (EDR) monitors for these types of activities to prevent them from spreading. SentinelOne Endpoint Protection Platform (EPP) offers organizations real-time, unified endpoint protection that unifies prevention, detection, and response in one platform managed via a single console.