Ascend’s Post

Are you struggling with the siloed workflows that makeup your organization's Accounts Payable, procurement, and settlement functions? 😵💫 Wondering what will happen when it's time for your organization to expand, merge with a new company, or acquire one? Join us for a lively discussion on how to tackle these challenges during our next live coffee chat at 1 p.m. CT on Wednesday, June 12. With the help of our partners at Stormloop Technologies, a top-notch Workday advisory, planning, support services provider, we'll talk about the challenges that organizations face when their AP, procurement, and settlement operations are decentralized. We'll also chat about the benefits of centralizing payables operations and what you can do if that's not an option for your AP team. As an added bonus for registering, Stormloop is offering your AP team a chance to win a Review-and-Recommend onsite consultation to ensure that your organization is maximizing its use of Workday. We'll send the contest form after you complete your registration form using a valid business email address. Can’t join the discussion? Register anyway and we’ll send you a recording of our conversation after the live coffee chat. Mark your calendars, and save your spot 👇👇👇

Accounts payable is like competitive rowing — when everyone’s movements are synchronized and moving in the same direction, the team can travel great distances quickly. 🚣🚣♀️🚣♀️ If each person in the boat is only focused on their task and moving at their own pace, the team must work harder to reach their destination. The same can be true for decentralized AP teams that use different software solutions and have their own processes and workflows. If this sounds familiar, don’t miss our live coffee chat at 1 p.m. CT tomorrow, where we’ll discuss ways to optimize your AP operations. In collaboration with Stormloop Technologies, a leading provider of Workday advisory, planning, and support services, we'll explore the challenges organizations encounter with decentralized AP, procurement, and settlement functions. We’ll also walk through the advantages of centralizing payables processes and offer alternatives for teams that can't take this approach. As an added bonus for registering, Stormloop is offering your AP team a chance to win a Review-and-Recommend onsite consultation to ensure that your organization is maximizing its use of Workday. We'll send the contest form after you complete your registration form using a valid business email address. Can’t join the discussion? Register anyway and we’ll send you a recording of our conversation after the coffee chat. Don't delay! Save your spot 👇👇👇

#Seniorliving management has its own variety of software to take care of #finances, scheduling, clinical operations, etc. With all these different systems, it’s easy to lose sight of the big picture. By integrating them together with an #ERPsolution, long-term care facilities get cross-platform visibility of data and processes with a snap. #digitaltransformation #cloudERP #ERP

Attention ERP Selection Advisors, PE firms and organizations leading an evaluation; we are pleased to announce a series of updates to Sage Intacct following a great week at #SageTransform.    Moving forward our customers can expect more seamless data integrations and AI-powered features to help mid-size businesses modernize processes and improve productivity. New features include: ✅ AI-Powered PO Match for AP Automation ✅ AI-Powered Professional Services Automation ✅ New Global Fixed Assets Management ✅ Data Flows for Seamless Connectivity ✅ User-friendly Forms and Operational Flows ✅ Nonprofit Forms and Operational Flows ✅ Construction Advanced Bid Management ✅ Expansion into Germany ✅ AI incorporated into Distribution and Manufacturing Operations workflows   What a great week meeting with our partners, customers and colleagues!! Read the full feature enhancement list: https://lnkd.in/gF23Y-d5 #erpselection #erpsoftware #accountinginnovation #sageintacct

After the initial announcement of an acquisition settles, the truly exciting phase begins – post-merger integrations, particularly in the realm of enterprise resource planning (ERP) systems.   It can be a daunting process. But like any journey, there are roadmaps. Here are a few markers that I tell clients to be sure are on theirs: 1. Early planning and assessment: Align ERP platforms well in advance, evaluating both systems for integration efficiency. 2. Data harmonization: Standardize and govern data to prevent post-merger conflicts and disruptions.   3. Change management and training: Invest in employee readiness for new ERP processes. 4. Data security and compliance: Prioritize compliance in regulated industries. Monitoring and improvement: Monitor and enhance ERP performance for ongoing efficiency.   ERP integrations might not be the flashiest part of M&A, but steps like these determine how successful the merged enterprise will be over the long haul. Be sure to put in the work.

Accounting teams are facing challenges in keeping up with the growing demands of technology integration and business transformation. A survey conducted by Zuora, a recurring revenue software provider, revealed that 68% of accounting and finance leaders feel they lack the necessary technology to meet the demands of various departments such as sales, marketing, and operations. These pressures are compounded by the complexity of new go-to-market models and product pricing, as indicated by 76% of respondents. While accounting teams are recognizing the need for increased focus on analytics and business partnering, 74% attribute their inability to do so to a lack of automation. Furthermore, accurate data confidence is low, with only 44% of respondents being highly confident in their revenue data. Many accounting teams are advocating for more automation, as 53% believe the absence of automation hampers their productivity due to manual tasks, and 74% require daily manual interventions for transaction processing. Despite the promise of enterprise resource planning (ERP) systems, many find them inadequate, with 60% stating that ERP revenue models do not fully support business requirements, and 79% still relying on spreadsheets to supplement their ERP revenue models. #automation #accountants #technology #challenges

Why work with KVP-Solution? KVP-Solution is supporting Construction and Building Materials companies since 1999. With multiple mergers & acquisitions we have strengthened our position in the market. We are the leading providers of SAP, Acumatica, Microsoft, HubSpot, Salesforce and other solution providers.  Certified with the highest quality, we work with the leading solution providers across the world to guarantee the best service and support for your local or international roll-out projects, ERP optimisation projects and cross-border nearshoring. Part of KVP-Group We are part of a group of companies. With more than 500 employees in our Group of companies, we have what it takes to make your IT project successful. Solution Capabilities 👉Enterprise Resource Planning An intuitive Cloud ERP system to power your business. Embedded with analytics. 👉CRM and Customer Experience With our CX solutions, you can connect e-commerce, marketing, sales, and service data.  👉Powerful Financial Management  Take advantage of real-time insights, quick month-end closing, and so more. 👉Multi-Entity & Intercompany Accounting Accounting and reporting across multiple entities, reduce errors and inaccuracies. 👉Project Accounting Management Manage budgeting, inventory, change orders, time sheets, billing, profitability, and more. ���Reporting, Dashboards and BI Gain greater insights into your organization and accelerate decision making. 👉Inventory Management System Inventory with flexible item management, traceability, and robust replenishment. Warehouse Management System Streamline warehouse operations to reduce errors, automate processes, and increase productivity. 👉Construction Management System A solution built for today’s digital and connected construction industry. 👉Manufacturing Management System Drive efficiency and develop future-proof agility with our robust manufacturing management software. 👉Service Management System Dispatching and boost revenue by scheduling the right people at the right time, and see data for work taking place in the field. 👉Human Ressource and Payroll System Robust HR & payroll solutions designed to manage all facets of payroll management, procurement, and workforce performance. just get in touch to get us started www.kvp-solution.com

📣 Auditoria.AI and Workday expand partnership to help transform finance functions with ai innovations! By offering Auditoria.AI SmartBots for Workday, customers can gain access to Auditoria’s AP Helpdesk and AP Accruals use cases to further simplify and streamline the work of accounts payable that is integrated with Workday Financial Management. Read the press release: https://lnkd.in/e2JaHgc9 #WDAYPartner #WorkdayPartner

5 tips for effective time management with GeoClock & SAP SuccessFactors by Josef Daniël (Jodan) Alberts from EPI-USE Labs ⏰ #AFSUG #EPIUSELabs #GeoClock #SAPSF #SAPSuccessFactors

Ever wondered why managing financials and inventory feels like juggling knives? Could it be because you're using separate systems for each? Imagine the daily grind. You're toggling between two systems, inputting data twice, reconciling discrepancies, and spending countless hours generating reports that, let's face it, are outdated by the time they're printed. Not to mention the sheer complexity of it all leaves you more prone to errors, which can have serious financial implications. Now consider a different scenario, one where your financials and inventory are managed in one integrated system. Information flows seamlessly between the two, eliminating the need for double data entry and minimizing errors. Real-time visibility into your business's key metrics becomes the norm, not the exception. Scaling up or expanding to multiple locations? No problem. The system grows with you, adapting to your changing needs. So why do businesses continue to juggle these separate systems? Some fear the task of overhauling existing systems, while others worry about the costs involved. But think about it. The time and resources wasted on maintaining separate systems and the potential losses from errors and inefficiencies could far outweigh the costs of integration. If you're struggling with limited visibility, functionality that can't keep up with modern requirements or an inability to scale, it's a sign your separate accounting and inventory systems might be failing your business. And what about that inventory management add-on you bought for your accounting software? Sure, it promised advanced capabilities and seamless integration, but if you're constantly calling IT for support, struggling with limited and outdated reporting, or lacking supply chain forecasting and budgeting capabilities, it's clear that this Band-Aid solution isn't cutting it. The reality is an add-on inventory management solution can't replace a true enterprise resource planning or ERP system. That's where an SaaS ERP comes in. SaaS ERP offers a unified suite of applications that spans your entire business, linking key business processes together on the same platform. By having your inventory and financial data on the same platform, you can plan effectively, execute predictably with customers, and minimize labor costs and errors associated with manual reconciliation. So stop juggling knives. Consider unifying your financials and inventory with an integrated system. Because in this fast-paced world of business, you need a system that keeps up with you, not one that holds you back. #financialaccounting #erpsolutions #businesstransformation #founder