15 Red Flags that your Business management system is hurting your Label converting business1/3/2018 by Gerry Clement Outgrown system with slowing performance, and frequent data reconciliation issues. Separate systems and databases cause delays and errors with month-end close. Systems lacks activity tracking/security/audit trails and may be vulnerable to fraud. “Surprise” upgrade and training costs with only one source for all support and development. Lack the ability to generate financial statements, at any time, with a few clicks and live drill downs. Cannot auto Reconcile Cash/A/P, A/R and Inventory to financials resulting in long audits/high fees. Limited access to fixed priced software customization to sell the way major accounts want to buy. Inaccurate cost calculations in estimating module and/or separate manual support for special estimates. Slow and Cumbersome Request for Quote to Work Order to Invoice to Cash cycle. Production schedule delays with lack of access to real-time Inventory/Press info. No job cost tracking of actual time and equipment vs estimates by copy change/job/press/finishing/user. Need realtime Open PO, Receipt, Raw Material, Work In Process, Finished Goods and Shipped inventory. Unsupported inventory needs such as Width/Roll/FT/MSI/MSM/LB/KG/MFG Yield conversions. Need Real-time Credit Card authorization/Bank Reconciliation/EDI/UPS/Fedex integration options. Emerging compliance issues with Audit/Affordable Care/ISO/CGMP/GAAP principles and City/County/State Sales Tax exemption certs/reporting. Originally published May 26, 2016
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