With the advancement of cloud technology and the constant innovations, businesses are constantly changing, some willingly and some not so willingly. When the change or changes are constant or large and involved major process changes, based on our experience, it is important to implement a change management system that works alongside the program.
â€œChange management is making and executing a plan to implement a change in your business, with specific focus on helping employees to adjustâ€ Unleashed
Why is change management so important? According to Small Business Trends, there are two key reasons why change management is so important, the first being the employee s resistance to new software.
The adaption of cloud technologies and applications for both small are large businesses is growing rapidly every year, and according to The Australian 2015 was the biggest year to date.
The reason for the cloud push is the tangible cost and performance benefits and 2016 is predicted to see further growth in the cloud market within Australia.
With the support of the Prime Minister Malcom Turnbull, the government is pushing an innovation package that promotes the growth and adoption of new technologies. With this push for innovation, The Australian has predicted five major trends for the cloud in 2016
The cloud is becoming the new way in the business world with the number of small and large businesses moving IT systems to the cloud increasing every year.
There are though two types of clouds, the public and the private and the choice of cloud varies depending on the size of the organisation and what works best when it comes to integration and security.
Large companies across the globe such as Spotify and Netflix have moved their entire IT system to the public cloud according to Information Week . Spotify discovered that they could perform tasks and receive network services with google data platforms, giving the company a significant advantage as it heightened their performance level. Netflix on the other hand moved to the public cloud to assist with their rapid growth, they needed more storage and the ability to add new features in a cost effective and efficient way.
According to Information Age, cloud technology has reached a new level of maturity, and 82% of organisations consider the cloud to be a key part of their IT strategy.
Although the approach to the cloud is maturing along with the applications available, there are still two existing concerns that are deterring organisations from getting on the cloud train; these being security and integrations. There is no doubt as to why these are still major concerns, however they can be eliminated from the get go if there is an initial investment when setting up the cloud.
Good inventory management starts with a solid business understanding of inventory best practices and the relationship between this and day-to-day inventory operations. Step One is really knowing the types of inventory your business supplies.
For example, businesses with fast moving inventory will generally need to maintain a higher level of inventory than slower moving inventory. To identify this, businesses can use techniques like the ABC analysis (or Selective Inventory Control), which provides a mechanism for identifying items that will have a significant impact on overall inventory cost, while also providing a mechanism for identifying different categories of stock that will require different management and controls. Within best practice inventory management systems, it is possible to create custom product groups and categorise inventory in line with this ABC analysis.
After attending another Xero Roadshow I attended with interest the session on Exploring the Ecosystem. The session gave the audience a taste of four ecosystem partners:
With 500 ecosystem partners currently available within the Xero ecosystem, Xero clients are spoilt for choice in terms of the business solutions, which can integrate with Xero.
Is your business starting to prepare for an annual stocktake? Do you have a slight sense of panic? If so, here are some tips to help you survive and plan forward to make the experience as smooth as possible.
We are pleased to announce that the latest DEAR Inventory release includes a number of frequently requested enhancements, which will certainly improve your daily operations!
DEAR systems is a software specially designed for cloud inventory management, which integrates seamlessly into Xero. We believe the latest release will make it even more easier for our clients to manage their inventory.
If you own a small business and you don t know what Xero is, you need to get yourself familiar with it. Xero, a cloud-based accounting software company, is potentially the greatest thing to happen to small to medium business owners since the launch of the world wide web.
As a tradie you work hard during the day, and when you re running your own business you probably find yourself working hard in the evenings and on weekends too. Along with meeting your clients needs, running a business also involves a lot of admin, from invoicing to preparing quotes, keeping your books up to date and more.
Many tradies feel like they are running themselves into the ground trying to do everything at once and this can impact their family life and health. If you can t keep up with the admin demands of the job, things can also get missed. Invoices that go out late or don t go out at all can seriously affect your cash flow, and quotes that take too long to prepare could see your potential customers going to your competitors. (more…)