WBSRocks: Business Growth with Enterprise Software and Digital Transformation

Send us a textWhile ERP systems have done a wonderful job in providing the traceability of transactions in the four walls of the factory, the traceability across the industry is limited. The limitation exists because of so many factors, such as technology limitations, disparate datasets, political control, and data-sharing agreements. Technical concepts such as digital material and blockchain technologies are powerful to help provide visibility for shippers, trade finance companies, or any other stakeholders involved with the end-to-end supply chain transactions.In today's episode, our guest, Arnoud Star Busmann, discusses the importance of Supply Chain at the industrial level. He also discusses the importance of digital material and how that helps track the expensive commodity across the supply chain. Finally, he discusses how blockchain technologies are helping track supply chains across non-traditional datasets where there might be political issues with data sharing.For more information on growth strategies for SMBs using ERP and digital transformation, visit our community at wbs.rocks or elevatiq.com. To ensure that you never miss an episode of the WBS podcast, subscribe on your favorite podcasting platform.

Send us a textIf there are any departments that have seen the majority of automation, they are AR and AP. Most companies, even QuickBooks, would use some form of automation to manage their AR and AP. The automation could be auto-parsing and capturing the PDF documents to manage their entire workflow. The experience around AR and AP processes has changed as well because now, even the customers expect their invoices in one place. So which KPIs do AR and AP need to use to measure their efficiency?In today's episode, we invited a panel of cross-functional experts for live interview on LinkedIn who brings significant expertise to discuss the Top KPIs for AR/AP. We discussed the differences between these roles and how the roles might differ per geography, size of the company, and industry. We also discussed the top KPIs that they need to be successful in their roles.For more information on growth strategies for SMBs using ERP and digital transformation, visit our community at wbs.rocks or elevatiq.com. To ensure that you never miss an episode of the WBS podcast, subscribe on your favorite podcasting platform.

Send us a textBuying software is hard, especially business software. There might be companies that might appear to be rated relatively well by the affiliate sites. But when you look under the hood, they might be completely different. Affiliate sites are not necessarily looking at the demo of the product or are experts at reviewing the ERPs. Software companies are also really smart at not posting their demos publicly, which could be even hard for customers to know if they have a real product. Or if they have an outdated product. These decisions could fire back as bad as not going live. So how does Multiview ERP compare with other mainstream ERP software?In today's episode, we invited a panel of industry experts for a live discussion on LinkedIn to conduct an independent review of Multiview ERP capabilities. We covered many grounds, including their capabilities for service-centric industries such as healthcare and non-profit. We also covered the issues associated with the lesser-known software packages for ERP buyers.For more information on growth strategies for SMBs using ERP and digital transformation, visit our community at wbs.rocks or elevatiq.com. To ensure that you never miss an episode of the WBS podcast, subscribe on your favorite podcasting platform. 

Send us a textAI is changing the world. You have an infusion of AI at every step in the process, whether you talk about the first mile or the last mile. Whether you talk about AI being used to intelligently and automatically capture paper-based invoices or to enrich, augment, and predict incomplete data. But you can’t get results from AI if you have data silos. In fact, AI initiatives might fire back if you trained your models with the wrong data.In today's episode, our guest, Claus Jepsen, discusses why AI and ML solutions are less effective if businesses still have data siloed. He also discusses Unit4 stories and their unique approach to the cloud. Finally, he discusses issues with the first and last mile of AI and how they each offer unique challenges.For more information on growth strategies for SMBs using ERP and digital transformation, visit our community at wbs.rocks or elevatiq.com. To ensure that you never miss an episode of the WBS podcast, subscribe on your favorite podcasting platform.

Send us a textThe hate of ERP systems is not new. Every time a new kid in the town challenges how they are making the ERP systems easier. There are some companies that have approached this in the right fashion, such as Odoo or Acumatica, by understanding how ERP systems work and why they need to have layered complexity. The others have simply eliminated the necessary details for them to have a scalable data model. These systems are great poor man's ERP solutions as you might not be able to afford the consulting dollars and change management at that stage. And that is OK when you are small. But you can't go very far with them without understanding how to model your customers, vendors, items, BOMs, and chart of accounts to get the tangible business benefits with costing, inventory, supply chain, and scheduling.In today's episode, we invited a panel of industry experts for a live discussion on LinkedIn to conduct an independent review of Katana Manufacturing ERP’s capabilities. We covered many grounds, including their strength and weaknesses and where they fit with their target market. We also convered their capabilities on the MRP, their approach for costing and allocation, their data model, and how that drives which customers would be the right fit for them.For more information on growth strategies for SMBs using ERP and digital transformation, visit our community at wbs.rocks or elevatiq.com. To ensure that you never miss an episode of the WBS podcast, subscribe on your favorite podcasting platform. 

Send us a textWhich spend categories should procurement control would always be debatable. Most companies may have a budget threshold where they might dictate the involvement of procurement. But this approach might not be suitable for every category. Some categories may be so strategic, even if the budget threshold may not be as high, that the business might want to take over because of the cross-functional implications or risks. These categories might also have very unique workflows and processes that require unique designs compared to the other categories.In today's episode, our guest, Sudhir Bhojwani and Yuan Tung discusses the best practices for managing unmanaged spend. They also discuss the disconnect between procurement and business and the scope of procurement. Finally, they describe where ORO labs fit in the enterprise architecture and how it compares with other workflow automation tools, P2P, CLM, etc.For more information on growth strategies for SMBs using ERP and digital transformation, visit our community at wbs.rocks or elevatiq.com. To ensure that you never miss an episode of the WBS podcast, subscribe on your favorite podcasting platform.

Send us a textWhile there are several process manufacturing solutions out there, they all differ in their capabilities. Some are designed for growers and processors, while others are friendlier for distributors and DTC companies. The process manufacturing verticals have unique nuances, such as the hierarchy of serial and lot numbers. The serial numbers need to be managed at the UoM, case, and license plate levels. The pharma distribution may also have requirements such as DSD and route accounting with e-signature required for the delivery and then e-signature required at each process step for pharma compliance. So where does ECi Deacom fit, and how is it different from the other process manufacturing solutions in the market?In today's episode, we invited a panel of industry experts for a live discussion on LinkedIn to conduct an independent review of ECi Deacom’s capabilities. We covered many grounds, including their depth with pharma and process manufacturing capabilities with features such as lot and serial number traceability, DSD accounting, recipe, and nutrition label printing. We also covered some of their weaknesses, such as multi-entity accounting and rigid structure for their chart of accounts.For more information on growth strategies for SMBs using ERP and digital transformation, visit our community at wbs.rocks or elevatiq.com. To ensure that you never miss an episode of the WBS podcast, subscribe on your favorite podcasting platform. 

Send us a textThe needs of the services industry might differ substantially, especially when you think of subscription, revenue recognition, and ASC 606 compliance capabilities. The ERP systems designed for the service industry might be very deep with grant and fund accounting, having payment terms and multi-element allocation at the line item level on the contract, and HIPAA compliance capabilities. These industries also have very unique requirements, such as the integration with best-of-breed CRM and project management software flavored with the capabilities of these industries. And that’s where Sage Intacct really shines.In today's episode, we invited Mike O’Brien from Sage Intacct from the ERP community. We discussed the target market and its capabilities for many different industries. We also discussed their roadmap and which features and capabilities their customers can expect in the next few years.For more information on growth strategies for SMBs using ERP and digital transformation, visit our community at wbs.rocks or elevatiq.com. To ensure that you never miss an episode of the WBS podcast, subscribe to your favorite podcasting platform.

Send us a textIs the controller a lead accountant? Are they responsible for preparing financial reporting for a business unit? Are they responsible for planning, budgeting, and spending? Do they work with the CFOs to manage both strategic and tactical activities? Are they also responsible for IT projects such as ERP implementation? Are they also responsible for FP&A? Is there a difference between a controller and a comptroller? Does the role vary depending on the size of the organization and geography? But most importantly, what are the KPIs that a controller needs to serve their responsibilities?In today's episode, we invited a panel of cross-functional experts for a live interview on LinkedIn who brings significant expertise to discuss the top KPIs for controllers and the VP of Finance. We discussed the differences between these roles and how the roles might differ per geography, size of the company, and industry. We also discussed the top KPIs that they need to be successful in their roles.For more information on growth strategies for SMBs using ERP and digital transformation, visit our community at wbs.rocks or elevatiq.com. To ensure that you never miss an episode of the WBS podcast, subscribe on your favorite podcasting platform.

Send us a textWhile ERP consultants might put all process and food verticals under one umbrella, there are massive differences among these verticals. And some of these verticals require substantially different capabilities. The food vertical that also caters to growers and processors are very different from plain vanilla food distribution. Grower accounting is unique and may require DSD accounting as well. So which customers would be the right fit for Aptean bcFood?In today's episode, we invited a panel of industry experts for a live discussion on LinkedIn to conduct an independent review of Aptean bcFood’s capabilities. We covered many grounds, including how the needs of growers differ from other food and beverage companies and why you would need grower accounting built as part of the package. We also discussed concepts such as catch weight, scale integration, and the compliance requirements around weight management.For more information on growth strategies for SMBs using ERP and digital transformation, visit our community at wbs.rocks or elevatiq.com. To ensure that you never miss an episode of the WBS podcast, subscribe on your favorite podcasting platform.