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Unifying Your Tools: How an ERP System Improves Collaboration and Communication

Business seems effortless when you have excellent communication and collaboration. Teams work well together to complete projects on time, nothing goes over budget, staff are happy and productive – and your business thrives. If this isn’t happening in your business, then maybe you could benefit from using a unified business tool, like an ERP system. …

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Scaling for Success: How an ERP System Boosts Wholesale Distribution Businesses

NetSuite, News & Updates / By ClaireK

Growing distribution companies need a future-proofed ERP system that can scale with them. Entry-level systems aren’t good enough to manage their growth potential as they don’t offer the functionality required, nor the scalability. Wholesale distributors must equip themselves with the right technology to cater to every step of their journey if they want to achieve …

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Maximising Efficiency: The Benefits of Transitioning to NetSuite ERP

NetSuite, News & Updates / By ClaireK

An efficient business employs time-saving processes that help its staff to work effectively, allowing them to meet customer demand and deliver overall profitability. Maximising efficiency is important, because any unaddressed inefficiencies can compound to become far more serious issues that cost you money in the long run. Here we look at some of those ways …

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Thinking of Switching ERP provide How NetSuite ERP Can Revolutionise Your Business

Thinking of Switching ERP provider? How NetSuite ERP Can Revolutionise Your Business

NetSuite, News & Updates / By ClaireK

Do you have an ageing ERP system that no longer meets your requirements? Or are you considering upgrading your current system but want to see which other options are available? If you are thinking of switching ERP provider, then have a look at NetSuite. With a single, integrated suite of applications, it’s a cloud-based business …

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Why Small Businesses Need ERP Software

NetSuite, News & Updates / By ClaireK

Recent statistics show that only 24% of UK enterprises run ERP software. And while take-up among larger companies is around fairly high at 80%, only 30% of small businesses employ ERP software. But small and medium-sized businesses could increase their competitiveness and productivity by implementing business software to run the entire operation. ERP solutions can manage all aspects of a company’s business – …

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How Businesses Can Boost the Supply-Chain 2021 Review

Leave a Comment / B2B, NetSuite, Wholesale Distribution / By Eva Caballero

As businesses digitally transform to the cloud for benefits such as gaining real-time updates on business operations on the go, they are not only generating a competitive edge for today, but also creating an infrastructure for tomorrow.

NetSuite Developments for 2021

NetSuite, News & Updates / By ClaireK

The latest release for NetSuite – the 2021 Release 1 – is beginning to roll out to customers. We’ve already covered the new module, SuiteProjects, for professional services firms. Here’s a rundown of some highlighted innovations in NetSuite 2021 Release 1, including enhancements that are of particular benefit for several industries. Smart Financials and Automation …

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NoBlue Achieves Oracle NetSuite 5 Star Partner 2021 Award

NetSuite, News & Updates / By Eva Caballero

Oracle NetSuite has recognised us again with 5-Star Partner Award for Fifth Year in a Row. Big thank you to all our customers and team for making it possible since 2016. At NoBlue, we are specialists in implementing Oracle NetSuite and developing solutions around the system. So, we’re delighted that Oracle NetSuite announced that we have been recognised as 5–Star …

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ERP Implementation Challenges and How to Avoid Them

ERP Implementation: The Challenges and How to Avoid Them

NetSuite, News & Updates / By Editorial Team

Implementing an ERP system can be a daunting task, with challenges for any company, large or small. If you are aware of the main challenges though, you can prepare and plan for them. The result will be a successful implementation of your ERP, giving you a business management solution that runs your whole company, bringing …

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When you implement a new ERP solution, you need to ensure that you migrate all your data to the new system. This can present a challenge, because you may need to move data from several different sources, making certain that it is all correct. About ERP Data Migration ERP data migration is the process of moving all your company’s data into the new system. Because an ERP system runs across your operations, this will include data such as: customer information, sales orders, invoices, financial reports, staff information human resources Operationally, other aspects can apply, according to the type of business you run. If you run a warehouse selling physical stock, data to be migrated will include SKUs, stock levels and specific detail about the goods you hold, perhaps weights and sizes, or batch numbers. If you’re a professional services company, you’ll want to migrate data about your billable staff and their clients, past timesheet information Before employing a new ERP system, this information will be held in several different databases. Maybe you are already running a CRM and a human resources package alongside your accounting software, for example. Then there are other sources of data, like spreadsheets, and perhaps even other, non-digital sources, like paper-based information. All this disparate data needs to be fed into your new system, taking care to ensure nothing is duplicated and that all the data is accurate, formatted uniformly and is not duplicated. Data Migration Steps The key steps in ensuing that data migration is successful need to be methodically undertaken. Firstly, you need to carry out a detailed audit of all the data in your company so that you can plan the process. Then, when it comes to the migration, for each data source, you need to inspect and assess the information to check for suitability and to decide how it needs to be handled. Then, you extract the data, clean and deduplicate it, before converting or reformatting it in preparation for importing it into the new ERP system. To efficiently carry out a data migration programme, you need to incorporate these steps into a detailed plan. It’s important to get stakeholder buy-in, so that all those affected, from right across your business, can have an input and involvement. You will also want to create a team to drive the project and to implement the data migration, so that it is carried out effectively and on time, and that the results can be assessed and validated. The Challenges of Data Migration A primary objective of a data migration project is to get accurate data into your new system, in a timely way so as not to delay the deployment of your new ERP system. If you plan this well, you will also have the opportunity to clear up your data, deleting out-dated or disused data. But there are challenges that you may come across, and which you need to be mindful about. - Resources. It takes time, money, people and knowledge to run an effective data migration project. You need to make sure all these are available so that your data migration does not hold up your ERP implementation. You will want to allocate enough budget to guarantee that your data is adequately extracted, cleaned and rationalised. ERP Focus warns that even simply moving data from one system to another – without restructuring it - can increase the total ERP implementation costs involved by 10–15%. - Data integrity. Different parts of your business may each maintain records on your customers and your products or services. So, there are probably duplicated records, with fields that are categorised and formatted very differently, and they will be held in different databases or applications. You cannot simply import all the data from all your different sources. Not only do you need to make this data identical in format, but you must also check that the data corresponds for each record. For example, the sales department may hold a mobile phone number for a purchasing contact at your customer, while finance holds the landline number for a different contact in the accounts department. These are both valid, so one cannot replace the other during your migration; they would need to be merged and correctly categorised. - Senior management agreement. Your board colleagues each have their own responsibilities, and data migration will probably not feature in their priority list. But you need to ensure that all the senior stakeholders in the company are bought in to the data migration, so that any internal differences can be readily resolved. With departments used to entering their data differently, one consistent method will be needed, so ensuring everyone collaborates and agrees on the single, consistent format of the data. - Regulatory aspects. There are many different regulations that will have a bearing on how you store and process the data you hold. UK companies need to be mindful not only of national laws, such as GDPR, but also international ones if they trade with overseas customers or suppliers. Different regulations will apply depending on your industry too. You need to ensure compliance with all applicable legislation. Conclusion These challenges can make data migration problematic and demanding for businesses when they plan to implement a new ERP system. But with a solid plan, you can ensure you succeed. In our next blog, we’ll look at some best practices you can employ to help you with your data migration, as well as giving you some tips and steps to follow to build a robust data migration strategy. For a free business consultation or tailored quote, book an appointment now or contact us today. Our consultants can help you assess government grants and initiatives, audit your current system or advise on the best choice of ERP software.

The Challenges of ERP Data Migration

NetSuite, News & Updates / By ClaireK

When you implement a new ERP solution, you need to ensure that you migrate all your data to the new system. This can present a challenge, because you may need to move data from several different sources, making certain that it is all correct. About ERP Data Migration ERP data migration is the process of …

The Challenges of ERP Data Migration Read More »

Unifying Your Tools: How an ERP System Improves Collaboration and Communication

Scaling for Success: How an ERP System Boosts Wholesale Distribution Businesses

Maximising Efficiency: The Benefits of Transitioning to NetSuite ERP

Thinking of Switching ERP provider? How NetSuite ERP Can Revolutionise Your Business

Why Small Businesses Need ERP Software

NoBlue Achieves Oracle NetSuite 5 Star Partner 2021 Award

ERP Implementation: The Challenges and How to Avoid Them

The Challenges of ERP Data Migration

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