WMSSoft Blog

Financial Analytics - The Mundane Can Still Be Exciting!

Posted by Gavin Chang on Jun 26, 2017 11:14:54 AM

Smaller Businesses often overlook the importance of having a good budget and forecast and only rarely think about forecasting their cashflow. WMSSoft have just implemented another site using Sage Intelligence to simplify and leverage the enormous wealth of financial information that already exist within their ERP to facilitate insight of their financial status, and view a window into the company's future.

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Topics: Sage

Sage 300 2017.2 - What's New?

Posted by Gavin Chang on May 22, 2017 2:14:26 PM

The second product update of Sage 300 2017 was released a few weeks ago and is packed with new features especially for the web screens, this includes the availability of the OE Shipment and OE Invoice screens and a great change to the existing item finder throughout the system. Here is a list of the new things available to Sage 300c from the latest 2017.2 release.

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Topics: Sage

7 Reasons Why You Should Be On The Cloud

Posted by Gavin Chang on May 18, 2017 9:15:00 AM

The cloud is getting more and more attention nowadays and there are still various heated debates about whether cloud solutions are really better than on-premise ones. We recognise that both solutions have their pros and cons and always agree that the choice between an on-premise or on-cloud infrastructure depends on the business requirements, so we cannot say that a cloud approach is ideal for all businesses. We however compiled a series of reasons below that explains some of the benefits of cloud servers which are often overlooked or misunderstood.

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Intelligence Reporting - Take Reporting To The Next Level

Posted by Gavin Chang on May 8, 2017 1:10:51 PM

One of the bottlenecks of many companies is the genereration of reports for their sales or managerial meetings. Those reports are normally run from multiple sources and compiled manually into one big spreadsheet. Not only is this method time-consuming, but it is also prone to mistakes as it depends on several individual reports (ran at different times of the day) and put together manually. A simple solution provides powerful reporting tools that changes days of report generation to a matter of seconds. Sage Intelligence Reporting (also known as Alchemex Intelligence Reporting) is a reporting product that allows you to take data from any database, from any ERP and displays the result in real-time on Excel worksheets, saving you all the manual trouble.

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Topics: Sage

Financials for Office 365

Posted by Gavin Chang on May 3, 2017 9:15:00 AM

WMSSoft is proud to present Financials for Office 365 (O365), a revolutionary cloud accounting software created for small to medium business and built for growth powered by Microsoft Dynamics. Financials for Office 365, is designed to seamlessly work with your daily applications – Office 365, Skype for Business, Power BI and more with a familiar Microsoft look and feel.

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Financial Analytics - Part 4

Posted by Gavin Chang on Apr 27, 2017 10:53:11 AM

Financial Analytics - Cash Flow Forecasting

It is safe to say that no business can survive long enough without cash to meet its immediate needs. Cash flow is of vital importance to the health of a business. Forecasting future cash receipts and disbursements is the key to cash flow management.

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Topics: Sage

Sage 300c vs Sage 300

Posted by Gavin Chang on Apr 19, 2017 1:39:50 PM

Much effort is being invested into Sage 300c, the new agnostic user experience allowing you to access your data and reports from any web browser, anywhere and anytime. A new release this month has included more screens and more features, making it more user-friendly than ever. Below is a list of frequently asked questions regarding the implementation of the new Sage 300c for both new and existing users.

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Topics: Sage

Financial Analytics - Part 3

Posted by Gavin Chang on Apr 5, 2017 10:40:53 AM

Financial Analytics - Performance Analysis

The ultimate goal of any company at the end of the day is to be profitable. Therefore, it pays off to trace and track the factors that contribute to the bottom line of your business (as discussed previously). There is no "one size fits all" approach as each business faces different circumstances that affect their company’s financial performance in a unique way. Nevertheless, below are a few common examples of financial performance analysis we provide as part of our financial analytics tools and services.

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Topics: Sage

An Introduction to Sage CRM - Part 2

Posted by Gavin Chang on Mar 29, 2017 9:40:00 AM

An Introduction to Sage CRM - Flexibility & Mobility

We have previously seen how Sage CRM can manage your sales pipelines and your sales forecasts (read more). Sage CRM is filled with features allowing you to be in control of all the activities between you and your customers and prospects. But did you know that Sage CRM is designed to be customised and moulded into the perfect customer relations tool for your business model.

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Topics: Sage

Financial Analytics - Part 2

Posted by Gavin Chang on Mar 27, 2017 11:09:01 AM

Financial Analytics - Budgeting & Forecasting

Most mid-tier ERP solutions would provide you with the facility to enter multiple set of budgets against your financial accounts. It is a simple but powerful tool that allows you to make quantitative projection of your expenditures, revenues and financial position. Comparing your current financial progress with the budget gives a timely indication on your potential issues and opportunities. Our financial analytics tools (as discussed in my previous post) offer a more advanced and sophisticated way of handling your budgets and forecasts and works directly with the budget features in Sage 300.

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Topics: Sage

Financial Analytics - Part 1

Posted by Gavin Chang on Mar 24, 2017 12:22:14 PM

Financial Analytics - Discover Insights. Unlock Growth

We live in a data-driven world that is more competitive than ever. It has become imperative for businesses to be in control of their financials and ultimately, the bottom line. Unfortunately, businesses often do not have access to the information they require to put them on top of their game. With the right mix of financial expertise and in-depth product knowledge, WMSSoft assists businesses to strengthen their financial reporting and enhance their bottom line. WMSSoft provides financial analytics with that goal in mind and recognizes the value hidden within your data that has the potential of making a difference.

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Topics: Sage

Sage Summit 2017 Highlights

Posted by Gavin Chang on Mar 16, 2017 3:41:30 PM

Sage Summit 2017 - Sage 300 and Sage CRM Highlights

The Sage Summit 2017 took place earlier this month in Melbourne. The summit was the perfect opportunity to review what Sage has achieved throughout the year and at the same time getting more insight on what Sage is planning to do and offer over the next few years. The Sage Summit was a unique chance to connect to the Sage experts, the partners and the third-party add-ons that are available for the growth of your business.

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Topics: Sage

An Introduction to Sage CRM - Part 1

Posted by Gavin Chang on Jan 10, 2017 9:42:55 AM

An Introduction to Sage CRM - Sales Pipelines

Sage CRM is a highly customisable CRM solution designed to suit the needs of small to medium organisations at its core. It offers a cloud-based solution coupled with a modern web interface which can get you started within minutes, allowing you to access your CRM database at any time, anywhere in the world. Sage CRM provides efficient and effective tools that can be immediately utilised to unlock your business growth potential by reinforcing your sales pipelines.

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Topics: Sage

Sage CRM Workflow

Posted by Gavin Chang on Dec 22, 2016 11:04:49 AM

Improve your Workflow with Sage CRM

As the famous quote goes: "to err is human", but as any business in the world, we aim at eliminating errors and manual entries while improving the efficiency of our business process to maximise profits. As a means to reduce duplicate entries and benefit from a more efficient, consistent and reliable process, Sage CRM offers various features to firstly tailor itself around your business in order to do exactly what you require from it and more importantly to automate and control the most crucial parts of your business workflow.

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Topics: Sage

ERP for an SME

Posted by Robin Ellis on Dec 10, 2016 5:54:19 PM

Small business must be faster and sharper than the competition. In today's business landscape, no business is too small for an ERP solution. ERP allows small business to appear, act and operate like an enterprise-scale business.

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Topics: Sage

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WMSSoft is an energetic team who understand about delivering a solution and defining the problem through ‘analysis’. Through our extensive experience and leadership across multiple industries and technologies, WMSSoft is able to develop your strategy, and deliver a solution architecture that is aligned with your business strategy.

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