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Infor LX Tips, Infor LN Tips, BPCS Tips, Baan Tips, Infor M3 Tips & Infor ERP News

Crossroads Connections

Infor ERP Tips & News from the Experts

Infor LX | Infor LN | BPCS | Baan | Infor M3

Crossroads RMC to Exhibit at Inforum 2016

Crossroads RMC 0 28687 Article rating: No rating

Inforum 2016  returns as a three and a half-day event of educational seminars and workshops focused on the future of enterprise software and your business. This event is Infor’s premier event for 2016, and Crossroads RMC is excited to sponsor the event! Come see us in Booth 173 to learn about Crossroads MES and Analytics Dashboard solutions for the shop floor, our Services for Baan/LN and BPCS/LX, and see a demo of our latest solution, Analytics Dashboard, which can be connected to any ERP to provide up to the minute sales analysis data.

    
 

If ERP is plumbing for the Enterprise - How do we unplug it and keep it from making a huge mess?

David Dickson 0 38124 Article rating: 5.0

I have been working with ERP in various roles for over 30 years, directly involved in over a hundred implementations, while my company has been involved with over 400 more. Of course, in many ways the systems we use today are completely different from what we used in the ‘80s – back then it was green screens, simple transaction entry forms, and cumbersome updates (at best) to link what one department did with all the other areas that needed access to that information. Then there were those planning programs that took all the information along with various parameters the users needed to set and told us what to do.

The More Things Change, the More They Stay the Same

BPCS/LX TIP OF THE WEEK: GETTING A HANDLE ON DOWNTIME

Anthony Etzel 0 49270 Article rating: No rating

It is essential to capture a reason and duration for each downtime incident to enable the team to effectively prioritize and focus.

Start simple, and make sure every reason is clear (when compared with other reasons) and describes symptoms (as opposed to attempting to diagnose root causes). Remove reasons that aren’t regularly used and add reasons.

 

Baan/LN Tip of the Week: Getting a Handle on Downtime

Kathy Barthelt 0 87048 Article rating: No rating

It is essential to capture a reason and duration for each downtime incident to enable the team to effectively prioritize and focus.

Start simple, and make sure every reason is clear (when compared with other reasons) and describes symptoms (as opposed to attempting to diagnose root causes). Remove reasons that aren’t regularly used and add reasons.

BPCS/LX Tip of the Week: What Should I Consider When Analyzing my Sales?

Anthony Etzel 0 52150 Article rating: No rating

From a recent article published by M4B Marketing:

When analyzing your sales performance consider the following: 

  • Pricing changes eg. price increases or discounting
  • Competitors – competitors entering or exiting the market
  • New product or service launch growing sales
  • New product or service cannibalizing existing product or service sales
  • Customers moving between products or services
  • Changes in customer demand eg. increasing or decreasing
  • The segments and distribution channels you operate in
 

Baan/LN Tip of the Week: What Should I Consider When Analyzing My Sales?

Kathy Barthelt 0 2762229 Article rating: No rating

From a recent article published by M4B Marketing:

When analyzing your sales performance consider the following: 

  • Pricing changes eg. price increases or discounting
  • Competitors – competitors entering or exiting the market
  • New product or service launch growing sales
  • New product or service cannibalizing existing product or service sales
  • Customers moving between products or services
  • Changes in customer demand eg. increasing or decreasing
  • The segments and distribution channels you operate in
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Tips:  LX | BPCS | M3

Tips: LN | Baan

Kathy Barthelt
/ Categories: Infor LN & Baan Tips

Baan/LN Tip of the Week: Financial Year End – Have you done all you need to do?

Came across an article online from Lauber CFO’s, and thought I would share. Here is a checklist for things to consider in order to finish out the year and help you plan for 2016:

  • Is your accounting records up to date so that you can make a projection of how the current year will turn out?
  • Are all account reconciliations currently up to date to facilitate the closing of the books after year-end?
  • Are there accounts receivable that should be reserved for or written off prior to the end of the year?
  • If your business carries inventory, do you need to plan a physical count as of the end of the year?
  • Has depreciation on your fixed assets been recorded during the year? Have you considered depreciation on current year additions?
  • Have all new asset purchases and bank loans been recorded on your books?
  • Are there any liabilities, for example, pending legal actions or warranty issues, which will need to be recorded prior to the year-end? 
  • Do you have a plan in place to properly “cut-off” revenue at year-end to properly match revenue and expense?
  • Will there be bonuses, profit sharing contributions, or discretionary retirement plan contributions paid prior to the end of the year? How will these payments affect cash flow?
  • Will you be in compliance with your bank covenants at year-end?
  • Do you need to make arrangements to receive statements as of the end of the year for the cash value of life insurance, loan balances, etc.?
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