We are now only two years away from the FMD (Falsified Medical Directive) coming into force in the UK. In the US, in accordance with the Drug Supply Chain Security Act (DSCSA) the deadline is November 2017. This means that all manufactures of drugs are required to mark packs with a product identifier, serial number, lot number and date of expiration.
Here at Oakley ERP, our primary aim is to help growing businesses from all industries to streamline their business processes, increase productivity, and with this, increase profitability. This all seems very simple when written in a sentence, but how difficult is it to achieve these objectives?
All too often when we speak to businesses about using ERP Software we hear the same objections; “Oh our business isn’t big enough for software like that” or “Software with that level of functionality is very expensive!” Both statements are in fact, in most cases, myths. That’s why we have put together this blog post to help bust some of these very common ERP Software legends.
Often in business it’s easy to just carry on doing what you have always done because, well that’s the way it’s always been. But if you take a step back and look at the processes and systems you have in place, you may find that you have outgrown them and now they are holding you back.
One of the processes that you can’t afford to let this happen to is your accounts.
In the early years of business, it is wise to use entry-level accounting software that will often more than meet your needs, after all, why spend precious pennies on features you won’t use? However, as your business grows you may find that your accounts software is limiting you, it might be causing your team headaches when trying to run detailed reports or struggling to integrate with other vital business applications, among other things.
The following article explores the 5 key reasons businesses replace their accounting software and takes a look at 7 deadly sins to avoid during a new implementation.