Tag Archives: business report

Reorganization of Your Business Concerns

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When your business is trending new of late, re-assessment may not be enough of a solution. If the changes in your market share have been more drastic, then it is likely a re-organization is required.

Some indicators of a needed re-organization are:

1) That your most important decision processes are too vague or too complicated, and waste more resources than they produce.

2) Changes to important personnel either dilute the energy of the company or alter the rhythm of business standards.

3) Competition has become stronger from new sources or a new business model has been adopted by a chief competitor.

4) For three consecutive quarters there has been diminished financial returns. At such a point, some drastic moves are needed instead of the piece-by-piece adjustments you had made previously.

Re-organizations should be implemented methodically and with a positive tone. Despite any panic you may feel, the message and the way it is delivered to your staff must be from the mindset of building and improving.

SIMMS 2013 Inventory Management software can help you achieve the goals you have for your company. Visit www.simmssoftware.com or email sales@kcsi.ca for more information.

Handling Internal Office Supplies with SIMMS

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Detailed inventory control and order processing in your business can be a simple and straight-forward task in consideration of office supplies. SIMMS 2013’s Office Supply Inventory Software can be used as a standalone system complete with multiple locations, inventory tracking, order processing and reporting.

Best Used For:

– Direct Resellers and Suppliers

– Internal Supply Organizations

– Office Supplies Storage/Disbursement

– Wholesale Distributors

With SIMMS 2013’s Office Supply Inventory Software you can:

– Allocate inventory to multiple orders and check status.

– Create a work-group connecting multiple workstations.

– Handle quarantine items and stock returns more efficiently.

– Import Purchase Orders and Pending Invoices for processing.

– Monitor the process of Inventory Items, Purchase Orders and Invoice information.

– Print Pick sheets with bin locations in logical walking sequence.

– Product Inquiries display quantities: On-hand, On-Order, Committed, and Allocated.

– Scan items coming into and going out of inventory.

– Set up multiple warehouses and storage areas to fit your order fulfillment process. – Use detailed reporting.

– View detailed stock and order status screens and set up detailed reporting capabilities.

For more information, email sales@kcsi.ca or visit www.simmssoftware.com.

SIMMS Help With Decisions

SIMMS 2012 Inventory Management software composites information about your business to allow you to make decisions about your business as well as helping you to make changes for its improvement. With the advantage of customizing reports for the more useful collection of financial data on each report, where you hand-pick content that permits your departments to view the precise numbers and trends that are significant.

In addition, SIMMS helps you monitor and manage your transactions with ease and accuracy. Having integrated all types of data from every aspect of your business, SIMMS collects and compiles purchase orders, inventory, General Ledger, kitting, Receivables, sales orders, and item details into the most accurate and complete reporting content on the software market today.

Presentations about your business allow you to see the “big picture” while also helping you find and adjust the small things that can result in choices of vital importance. The dynamic and fastidious attention to detail that you gain the fastest and easiest control over your company than at any other time in its existence. Using deep analysis, transactional precision and immediate access, SIMMS 2012 represents the most comprehensive package for the twin areas of concern — accounting and inventory — in either a multi-level hierarchy or on a simple columnar view.

Visit www.simmsoftware.com today or email sales @kcsi.ca for more information on how SIMMS 2012 can benefit you and your business.

 

 

Checking Stock When It Arrives

Some standard practices are required when your receive items into your holding area, whether it is a large warehouse or a storeroom. When stock is delivered you have a set number of tasks that must completed.

As a delivery arrives, every pallet, carton and item grouping must first be positioned for review. Next, all containers must be checked off against the invoice according to store policy, taking specific note of the following:

  • Goods should also be checked for quality and use-by dates.
  • Complete cartons can be counted unopened. Mixed cartons should be opened and the contents examined.
  • Damp or damaged cartons should be opened and the contents should be checked for damaged items and breakages. If cartons have been tampered with, their contents should also be checked.
  • Confirm that number of containers is correct (count them).
  • All discrepancies must be recorded on the invoice according to your security policy.

All this should be done before the delivery docket is signed.

Do not let the delivery driver or anyone else hurry or interrupt while checking the contents and conditions of the delivered items. It is the employee’s job to thoroughly check all deliveries.

If a store receives multiple deliveries at the same time, each delivery should be checked separately and in an orderly manner. All inventory must be accurately recorded and checked against the original order documents. All missing, over-orders, shortages and damaged goods should be noted on the delivery invoice and the original order documents, and the sender is to be contacted as soon as possible to register all shipment details.

The best system to aid your stock receipt and issue process is SIMMS 2012 Inventory Management Software. To learn more about how SIMMS can suit your company’s needs, visit www.simmssoftware.com or email sales@kcsi.ca today for more information.

Accounting with SIMMS

SIMMS Business Accounting Software is a group of rich-featured modules that cover all areas of accounting business management. Designed for companies with up to 1,000 employees, SIMMS is a comprehensive financial management solution forming the foundation for the entire suite of applications, including fixed asset management, advanced budgeting, currency trader management, multi-currency management, cash management and advanced allocations.

More SIMMS Accounting Software Features:

Accounts Receivable: Gain complete control of your receivables and invoicing processes and add automatic calculations to your procedure to avoid errors and duplicate entries. SIMMS Accounting Software effectively automates and manages any business’s collection process thus improving cash flow and customer satisfaction.

Accounts Payable: SIMMS Accounting Software has several options that will streamline the approval process, automate vendor related tasks and simplify voucher entries to make any business run more efficiently.

General Ledger: The SIMMS General Ledger features allow any business to process internal transactions, establish flexible accounting periods and budgets and perform future postings. SIMMS Accounting Software puts a business in control of financial data by providing quick access to critical data.

Banking, Bank Reconciliation and Cash Management: This module of SIMMS Accounting Software allows for automatic cash transactions and secure record keeping. This accounting software allows for quick and accurate reconciliations of all bank accounts as well as performs bank transactions with accuracy.

Canadian Payroll: Easypay Payroll is a Canadian software product developed and supported in Canada. Easypay is ideal for small to medium-sized businesses and SIMMS Software offers a direct interface to this Canadian Payroll solution.

Quickbook Links: QuickBooks users can view SIMMS Invoices, Credits, Sales Summary, Payments, Bills, and other transactions for any linked contact.

Multi-currency Management: Maintain an unlimited number of currencies and exchange rate schedules, leveraging the ability to update exchange rates daily, and post realized and unrealized gains or losses due to currency fluctuations.

SIMMS Accounting Software is fully customizable and flexible and can meet any business’s needs whether a small or large business. SIMMS Accounting Software works in conjunction with existing software.

Book a SIMMS 2012 demonstration here.

SIMMS 2012’s Analytics

SIMMS 2012‘s Analytics give you access to important data to help you make business decisions by giving you valuable reports that are completely customizable and flexible for your company’s information demands.

Financial data can be included or restricted from your report contents so that those who need, or don’t need, to see your organization’s numbers. You can access deep analysis by organizing information with multi-level reporting, and define the information that is important to your business and analyze financial data by whatever criteria you apply.

Transactions are easily accessible and analyzed with precision across your entire organization with seamless integration with all accounting features in SIMMS 2012.

Discover more about the SIMMS 2012 Inventory Management Program and download a free, fully-functional 15-day SIMMS Inventory Software trial copy.

Does Your Software Save You Time or Slog You Down?

Every inventory program‘s interface must be easy to navigate, with most tasks and functions listed in a single menu or panel. Ease should also be available when adding specific items, customers, locations and suppliers. Ask yourself: how easy is to use the software to actually take inventory? Help menu access is always at your fingertips and the process of printing your current stock counts and then updating them should be simplicity itself. Support for barcode scanners can lessen the amount of time you spend updating your actual stock numbers, as well providing you with information as to where your stock precisely is located and making the tracking of it very simple.

Combined with checking on your prices, sales made on a weekly business or monthly, and your bottom line, your package needs to provide all these to you easily and quickly. SIMMS 2012 helps you plan for growth and adjust to limitations that may occur.

Check it out here.

The Need for the Quarterly Business Review

Businesses no matter what the size succeed or fail for many reasons. Persistence, hard work, the appeal of a product/service, marketing, customer demand or need can all play a part. Some say it is about luck; others say it is about ‘right time, right place’.

Most companies, divisions and departments fail because they have not thought through their strategic business plan after writing it, and instead merely put it on the shelf to never be looked at again. Many business owners and company leaders get tied up working “in” their business rather than working “on” their business, and therefore never really taking the time to plan the future.

For the successful organization, it not only needs a strategy followed by a practical business plan, but also requires the creation of a vision and a subsequent mission statement, to be followed by the implementation of that plan and regular checks of results throughout the year. Your best gauge of this progress is a Quarterly Business Review.

The Quarterly Business Review starts with analysis of the goals of the business:
a) Are they being accomplished?
b) What is the dollar impact?
c) Who is accountable?

Next a review of the organization is warranted:

1) Operations (new development, waste and production)
2) Sales and marketing
3) Talent and time management

Based on the results of the review, companies should have a good understanding of where they are stand and what still needs to be achieved. It is important to develop your plan and check each quarter that the business is meeting the stated goals. The wise suggestion is to examine the strategic plan every three months to confirm that the business is on the right track. If it is not, there is still the opportunity to correct it rather than waiting for year-end to be unhappily surprised.

Stock Analytics Help Your Business Grow

Your best choice for stock management must start with reliable and robust analytics that work in parallel with its practical purchasing and sales tools.

The analysis of your profit margin, pricing rates and overviews of your day-to-day sales are crucial needs for you to stay competitive. Combining this with reducing expenses, you are certain to be able to track how your revenue has improved. Critical assessment and planning for the growth of your company come through the ability to transform information into practical decisions.

Ultimately, you need a comprehensive inventory management package to handle the specifics of your industry, whether it is manufacturing, apparel, warehousing, aerospace, or various other fields. A software package based on years of experience and practical application in numerous types of enterprises is the minimum requirement.

Both customizable and rich in features, take a look at SIMMS Inventory Management software today and you’ll discover that your needs are met with room to spare.

Why is My Stock Missing?

Suppose you’re in the need for a checkup…not for your health but for your business. Was something that was needed for the next order to a customer been suddenly moved someplace else and the movement has now caused a delay or forced you to reorder another piece? Do you often find that stock you thought you had is oddly missing from where it’s supposed to be?

The solution is to acquire an inventory software package that monitors ALL your stock EVERYWHERE it may be and, better yet, prevents such losses or movements from occurring.

SIMMS Inventory Management software solution is just the answer for your business, large or small. No matter the particular twists of your industry or the size of your stock locations, SIMMS fits itself to your needs easily and quickly while saving you enough time and money to blow off some steam. Visit www.kornyk.com today to keep your stock where you need it.