Crowning glory for SAP Business One as it’s voted the best Enterprise Accounting ERP software.

Crowning glory for SAP Business One as it’s voted the best Enterprise Accounting ERP software.

Teamsoft are pleased to announce that SAP Business One has been voted the best Enterprise Accounting ERP software in the Software Excellence Awards 2017. This fantastic award really is the crowning glory for SAP Business One as the decision was in the hands of the people who matter most: end users. From thousands of user surveys SAP Business One was shortlisted for the achievement of its  developers in exceeding their customer’s needs and making a real impact on the accounting profession. The awards took place last Thursday at The Brewery in London where SAP’s Matt Sinclair, Head of SAP Business One UKI and Paul Martin, SAP Business One Product Specialist were on hand to collect the award from Countdown’s very own mathematical Wizz Rachel Riley who was on hand to present the awards. Teamsoft are delighted to be part of the SAP Business One Partner network, as this award means we are delivering excellence in products, in services and in experiences to the people who matter most; the end...

Teamsoft awarded “SAP Recognised Expertise” designation

Teamsoft awarded “SAP Recognised Expertise” designation Teamsoft are delighted to announce the recent award of the SAP Recognised Expertise for SAP Business One designation. With this recognition Teamsoft now joins a select group of SAP partners meeting strict criteria in solution knowledge and in-house expertise, along with a proven history of delivery capability and excellence in customer projects. The SAP Recognised Expertise designation is awarded by SAP in a formal certification process against strict and transparent criteria including required numbers of SAP-certified consultants and customer reference checks. “This is a significant milestone for Teamsoft, and proves we have invested in the skills and resources to provide the highest levels of professional service to both existing and new customers of the SAP Business One solution”, said Jim O’Reilly, MD of Teamsoft.   For further information or comment please contact; Philip Brown at pbrown@teamsoft.ie or on 01 424 2420   About Teamsoft Teamsoft are veteran ERP providers in the Irish market with over twenty years’ experience of bringing the best in software solutions to the Irish business community. Now a fully certified SAP Business One partner Teamsoft meets the business software needs of customers across the Irish business landscape with this class-leading ERP product and unrivaled experience.   About SAP Business One SAP Business One is a fully integrated ERP system from the world’s leading business software producer, SAP. With functionality covering all the main areas of business activity including Finance, Sales & CRM, Purchasing, Production, Inventory and Service, SAP Business One is a powerful, flexible and affordable system to help SMEs manage and grow their business....

Knowing When Your System Has Reached its Tipping Point

      Having the right software and technology is essential to growing a business – yet many companies feel the constraints of inadequate systems. Outdated applications, manual processes, and countless integration challenges consume time and resources. So how do you know when you’ve reached the tipping point? When do the costs of system maintenance and process limitations become so great that you can’t afford not to update your current systems? Below are 5 tell-tale signs that say it’s time to move to a system that better supports your growing business: • Recurring headaches about reporting • Numerous integration hassles • Rigid systems that limit flexibility • Too many unsupported business processes • Manual processes that drain time and resources Sound all too familiar? If so, there’s a good chance that you’re exhausting valuable time and energy supporting the basic needs of your business. Consider the benefits of moving to a single, complete, scalable solution that supports your needs and can grow as your business grows. One that allows you to start anywhere. One that lets you address your most pressing needs first, then add users, functions, and geographic support as your business expands. Well that one system is SAP Business One from Teamsoft. SAP Business One is designed specifically for growing SME’s, it enables company growth, helps increase profitability and control, and automates your business processes. To learn more about how SAP Business One can help your growing business without having to grow your “to do” list, contact us directly on 01 424 2420 or visit our website www.teamsoft.ie...

High level Business Intelligence Cycle

The Business Intelligence Cycle: Value creation is fundamental to all businesses. We see this as a closed-loop process that drives both strategic initiatives as well as tactical operations. For some this process, or one like it, is well documented while for others it is repeated over and over with little conscious thought. To get the most from your BI investment we recommend implementing the following BI cycle: Discover – Unlock hidden patterns in your data that reveal new insights, opportunities and risks Identify hidden patterns that reveal new or expanded markets and customer segments for marketing Make instant decisions that minimize fraud, risk and losses Identify safe and secure suppliers to protect the brand   Plan –  You must first decide what to do, balance the risks with the rewards, determine how you will measure success, define measurable objectives or KPIs and establish a plan. Your plans and strategies must be thoroughly communicated to all of your employees. Set and translate strategy Create plans, budgets, and forecasts Balance the risks with rewards Define measurement and monitor risk and results   Inform – Once you understand your performance, you need to report out to both internal and external stakeholders. In many cases, there are also requirements to formally disclose financial and regulatory information. Prepare consolidated financial statements for management and regulatory purposes Disclose data to internal and external stakeholders Comply with industry regulations   Anticipate – You must always scan the horizon for opportunities to improve existing processes, new business opportunities and risks. Anticipate customer churn or employee attrition Predict how risk may impact company performance Model and optimize profitability of...

How to prolong the life of your CRM/ERP

Your CRM & ERP systems are valuable assets, especially if users follow best practices. Upgrading to a new system, is extremely costly in terms of new software licences, implementation, training and the reduction of productivity as users learn a new system. Wouldn’t it be better if we could still use your existing systems but get more from them? Now you can. By improving your reporting infrastructure & providing business users with quick access to the information they need most – you can start to improve efficiency, reduce churn and allow staff and managers to make better, informed and fact-based decisions. How? Our businesses generate a huge amount of valuable data via multiple platforms and mediums – such as ERP, CRM, Stock Control, Time Management, Excel sheets and Social Media. This data offers huge potential and can provide key insights such as purchasing trends and key performance figures. Typically CRM and ERP provide some basic reporting but the tools are extremely limited. If your only tool is a hammer, you will not be able to build the same things as if you had a hammer, screwdriver and saw. The same applies for obtaining valuable insights from your data. To get the full potential from the data generated by your CRM/ERP , four key CRM/ERP challenges must be targeted: 1. Doesn’t incorporate data from other sources such as essential company software, excel sheets or even social media 2. A lack of advanced analytical capabilities such as drill downs and predictive analytics 3. A weak set of standard visualizations which don’t allow for interactivity 4. Typically no mobile access By upgrading to a...