COA Solutions – Business Accounting Software

Think small and you will undoubtedly get left behind. The increasingly global nature of business means organisations must look beyond the local or even national boundary.

A couple of years ago, everything had gone green. You couldn’t move at conferences for analysts bemoaning the power demands of data centres and vendors claiming to have the latest, greatest technology solution.

You’ve just received a vital email with a crucial attachment, so what do you do?

Chances are you’ll rush to print the attachment if AIIM’s research is anything to go by – apparently as much as 62% of important documents are still being archived in paper format (see further reading, below).

Put simply, enterprise resource planning (ERP) is the building blocks for your business – a system that integrates technology operations in a single environment.

Since the early 1990s, organisations have used ERP to control key activities, such as sales, billing and resource management. Organisations, both small and large, still use and rely on ERP.

If 10-day payment terms seem tight, how about meeting your supplier’s invoice demands in five days?

As outlined in the previous blog posting, the UK government has created guidelines to help public sector organisations pay their contractors in a timely fashion – and those guidelines just got tougher.

As a supplier during economic challenging times, there’s one thing that’s worse than seeing your amount of work reduce – and that’s not being paid for work you’ve already completed.

Large businesses, smaller firms and single contractors all innovate to speculate; they use the cash they earn to create new opportunities. Late payments create cash flow concerns that lead to a range of problems.

Even the most optimistic of your employees is likely to concede it has not been an easy twelve months.

Sales are down, the UK economy is in debt and unemployment is rising. In hard times, how far would a depressed employee go? Would one of your workers commit fraud?

Research from the UK’s fraud prevention service CIFAS suggests an economic slowdown and a rise in fraud certainly go hand in hand, with a 40% increase in people being falsely impersonated last year compared with 2008.

From electronic data interchange (EDI) to customer relationship management (CRM), IT directors were keen to talk up the importance of their latest three-letter acronym-based project. Top of these initiatives came enterprise resource planning (ERP), an all-encompassing approach to resource management.

My mother is full of age-old wisdom and sayings. One that was often heard through-out my teenage years was ” You will be judged by the company you keep”, mainly used to discourage me from falling into the wrong crowd and to get me to concentrate on where I wanted to be in the future.

Ever fancied a bit of horsing around whilst learning more about how document management can to add value to your bottom line? Perhaps not! However, Version One’s business partners will have this very opportunity on Monday 20th April at the company’s Annual Partner and Race Day at Wolverhampton Race Course.