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Top 6 Benefits of using Microsoft Dynamics 365 Business Central with Progressus for Engineers

Engineers will continue to face challenges in 2024 including rising material costs, inflation, supply chain volatility, and skilled-labor shortages, while still needing to respond quickly to customer demands. Speed and quality are the two top priorities that customers expect from their engineering and construction partners. To meet these demands, engineering firms must invest in Industry…

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ERP Software for Project-Driven Organizations

ERP Software for Project-Driven Organizations

For project-driven organizations, every hour lost from designing or planning projects impacts the bottom line. Even so, many project-driven organizations still operate with a bevy of spreadsheets in a siloed environment. Homegrown or legacy solutions do not allow these organizations to consolidate and analyze data, stay on top of change orders, or collaborate effectively. Many…

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Top 5 Ways Businesses Can Collect Payments Faster in 2024

The ability to collect payments faster is more significant than ever. The economic landscape is increasingly volatile, with fluctuations in market conditions and currency values. This unpredictability makes it crucial for businesses to maintain a steady cash flow to ensure stability and resilience. Secondly, the rapid pace of technological advancements has raised customer expectations. Consumers…

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What is Project Accounting?

Project accounting is an overly broad term. Its most general definition is processing financial transactions by project including costs, billings, and revenue. In reality, project accounting can be much more than that. What constitutes project accounting in a company is based on several factors including company type, the number of projects and company size. Companies…

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Financial Forecasting: Why Budgets May Not Be Enough

In our How to Build and Maintain an Effective Budget post, we discussed how to build a budget using your ERP’s budgeting functionality combined with Excel worksheet templates and ERP file import. Most companies today prepare some sort of financial budget. Budgets can be built at a very high level (Sales, cost of sales and…

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Microsoft Dynamics 365 Business Central and Greenhouse Grower Case Study

Westerlay Orchids Blossoms Digitally with Velosio and Microsoft Dynamics 365 Business Central

Background A multigenerational family-run business headquartered in California, the team at Westerlay Orchids has a simple mission: to grow the most stunning and highest quality orchids. Westerlay’s path to producing some of the finest orchids available stretches back generations of horticulturists to the greenhouses of Holland. Company founder Joop “Joe” Overgaag was a greenhouse farmer…

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Finding Your Perfect Fit ERP: Microsoft Dynamics 365 Business Central & Oracle NetSuite

Finding Your Perfect ERP: Dynamics 365 Business Central and Oracle NetSuite

Curious about Dynamics 365 Business Central and Oracle NetSuite – which one is right for your company? Dynamics 365 Business Central, crafted by Microsoft, emerges as a comprehensive ERP solution tailored to the needs of growing businesses. Over the past six years, it has undergone substantial development to encompass a wide spectrum of functionalities, from…

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Requirements Gathering Determining What You Need

To get to this point in your ERP implementation, you’ve gone through a lengthy sales process, selected your solution provider and set your project’s overall goals and objectives. You’ve also commenced a formal kick-off meeting. In the meeting, the project plan was developed including organizing tasks, assigning resources, and setting the project ground rules. If…

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6 Selection Criteria to Consider When Choosing an ERP Vendor

A Comprehensive Guide to Choosing an ERP Vendor

An ERP is more than just a tool for managing resources and orchestrating processes. It’s the backbone of your company’s entire digital strategy. The problem is, if you don’t know what you’re doing, finding the right ERP vendor amid today’s crowded enterprise tech landscape is about as easy as finding a needle in a haystack.…