It’s time for your company to invest in growth, and you need to make your case. This is never easy to do, and for small and mid-sized companies especially, capital has to be allocated judiciously. You have to be able to provide sufficient support for investment in your proposed initiative in order for the executive team to get on board. Real data is invaluable in this situation, making a business intelligence solution crucial to your cause. Company investments are intended to have cost savings or ROI benefits: you need to show that you can either streamline the organization or drive profitable growth. When looking for evidence to support your case, the best place to start is your own data. You can use it to provide a snapshot of the current state of your company and to model the range of implications associated with the initiative you’re proposing. Business intelligence solutions from SAP have the features you need to start with the reality of your company and evaluate strategic alternatives. Access data from across your organization’s systems, develop rich and complex reports quickly, and then use them to demonstrate the potential of your proposed initiative. Instead of walking through comments on a PowerPoint slide, you’ll be able to make your points powerfully with reliable information and detailed insights. The purpose of business intelligence is to improve and accelerate decision-making. Evaluating the investment cases around new initiatives is where you’ll see this concept in action. Anecdotes and instinct help, but nothing compares to having data and analysis in your hands. Use business intelligence solutions from SAP to support your key points, and you’ll demonstrate the tangible benefits of faster, smarter decision-making.
Use Business Intelligence to Make Your Case More Powerfully
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Instinct has a role in business decision-making, but it should never be used alone. Rather, pairing it with data from your company provides the context and insights necessary to make instinct more effective. Yet, data alone isn’t enough. You need to know that it is reliable, that it reflects the true state of your company, and provides an accurate view of your market. Implement SAP BusinessObjects Edge BI, and you can make decisions confidently, knowing that the analyses you conduct are based on the realities of your business.
Data quality is among the greatest risks involved in the decision-making process. Using unreliable data is tantamount to not having any data at all, and the fundamental misunderstandings that are possible can lead to flawed strategies that aren’t aligned with your company’s objectives. An ineffective start results in suboptimal execution, with an outcome unlikely to be what you’ve anticipated. If you don’t have confidence in your data, how can you have confidence in your decisions?
SAP BusinessObjects Edge BI can help you overcome the challenge of data quality. Instead of having to pull information from multiple systems manually, you can use this powerful business intelligence solution to automate the process, leading to faster analysis with a lower level of risk. As your company creates and reviews reports to support strategic and tactical decision-making, users will know that the data can be trusted—and that the ensuing courses of action set will be more productive.
You shouldn’t have to wonder if you can trust the data in a report. SAP BusinessObjects Edge BI gives you better access to data you can rely on, enabling faster, smarter decisions. You don’t have to use instinct without information. Put both together to maximize your results.
To see how BusinessObjects EDGE helps you with fast, flexible decision making, check out this video we created:
Improve Data Quality, Make Better Decisions
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To keep pace in an increasingly competitive world, your business needs to run as efficiently as possible. Korey Lind, CEO of Third Wave Business Systems, recently shared 10 tips she has assembled to help businesses work more efficiently, cut costs, improve customer satisfaction, and stay ahead of the competition in 2011.
We’ve loaded her presentation on to SlideShare so you can access it freely at:
http://www.slideshare.net/twbs/10-ways-to-increase-it-efficiency
We hope you’ll take a look and find some useful ideas!
10 Ways to Do More With Less: Leveraging Your Business Managment Systems
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To keep pace in an increasingly competitive world, your business needs to run as efficiently as possible.
Join Korey Lind, CEO of business management system provider, Third Wave Business Systems, as she shares 10 tips to help your business work more efficiently, cut costs, improve customer satisfaction, and stay ahead of the competition in 2011.
10 Ways to Do More With Less
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When you’re using a solution that’s not PCI compliant to process credit cards, you’re subjected to higher transaction fees and penalties – not to mention the increased exposure to fraud. Whether you’ve received compliance notices yet from your bank or not – you should be aware that there is now a PA-DSS Certified Credit Card Solution for SAP Business One.
Third Wave’s credit card product is the first Business One solution to receive PA-DSS certification. You can see which solutions are on the approved list by visiting PCI’s website under Validated Payment Applications.
Type in Third Wave Business Systems to find our approved application for SAP Business One.
PCI Compliant Credit Card Processing for SAP Business One – We Are PA-DSS Certified!
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Korey and the team at Third Wave would like to thank you for working with us this year. In the spirit of the holiday, we wish the good things in life be yours in abundance, at Thanksgiving and throughout the new year.
Now, take a little break and check out Thanksgiving “by the numbers”…
Thanksgiving by the Numbers
Find out how many turkeys are raised for Thanksgiving, how many pounds of potatoes Americans consume around the holiday, and how many pies will be produced
242 million
The number of turkeys expected to be raised in the United States in 2010. That’s down 2 percent from the number raised during 2009. The turkeys produced in 2009 together weighed 7.1 billion pounds and were valued at $3.6 billion.
Weighing in With a Menu of Culinary Delights
47 million
The preliminary estimate of turkeys Minnesota expected to raise in 2010. The Gopher State was tops in turkey production, followed by North Carolina (31.0 million), Arkansas (28.0 million), Missouri (17.5 million), Indiana (16.0 million), and Virginia (15.5 million). These six states together would probably account for about two-thirds of U.S. turkeys produced in 2010.
735 million pounds
The forecast for U.S. cranberry production in 2010. Wisconsin is expected to lead all states in the production of cranberries, with 435 million pounds, followed by Massachusetts (195 million). New Jersey, Oregon, and Washington are also expected to have substantial production, ranging from 14 million to 53 million pounds.
1.9 billion pounds
The total weight of sweet potatoes — another popular Thanksgiving side dish — produced by major sweet potato producing states in 2009. North Carolina (940 million pounds) produced more sweet potatoes than any other state. It was followed by California (592 million pounds) and Louisiana (162 million pounds).
931 million pounds
Total production of pumpkins produced in the major pumpkin-producing states in 2009. Illinois led the country by producing 429 million pounds of the vined orange gourd. Pumpkin patches in California and Ohio also provided lots of pumpkins: Each state produced at least 100 million pounds. The value of all pumpkins produced by major pumpkin-producing states was $103 million.
If you prefer cherry pie, you will be pleased to learn that the nation’s forecasted tart cherry production for 2010 totals 195 million pounds, albeit 46 percent below 2009’s forecasted total. Of this 2010 total, the overwhelming majority (140 million) will be produced in Michigan.
2.2 billion bushels
The total volume of wheat — the essential ingredient of bread, rolls, and pie crust — produced in the United States in 2010. North Dakota and Kansas accounted for 33 percent of the nation’s wheat production.
736,680 tons
The 2010 contracted production of snap (green) beans in major snap (green) bean-producing states. Of this total, Wisconsin led all states (326,900 tons). Many Americans consider green bean casserole a traditional Thanksgiving dish.
$7.3 million
The value of U.S. imports of live turkeys from January through July of 2010 — 99.1 percent from Canada. When it comes to sweet potatoes, the Dominican Republic was the source of 62.1 percent ($3.4 million) of total imports ($5.5 million). The United States ran a $3.9 million trade deficit in live turkeys during the period but had a surplus of $31.5 million in sweet potatoes.
13.8 pounds
The quantity of turkey consumed by the typical American in 2007, with a hearty helping devoured at Thanksgiving time. Per capita sweet potato consumption was 5.2 pounds.
The Turkey Industry
$3.6 billion
The value of turkeys shipped in 2002. Arkansas led the way in turkey shipments, with $581.5 million, followed by Virginia ($544.2 million) and North Carolina ($453 million). In 2002, poultry businesses whose primary product was turkey totaled 35 establishments, employing about 17,000 people.
$4.1 billion
Forecast 2010 receipts to farmers from turkey sales. This exceeds the total receipts from sales of products such as barley, oats, sorghum (combined) and peanuts.
The Price is Right
$1.33
Retail cost per pound of a frozen whole turkey in December 2008.
Where to Feast
3
Number of places in the United States named after the holiday’s traditional main course. Turkey, Texas, was the most populous in 2009, with 445 residents, followed by Turkey Creek, La. (362), and Turkey, N.C. (272). There are also nine townships around the country named Turkey, three in Kansas.
5
Number of places and townships in the United States that are named Cranberry or some spelling variation of the red, acidic berry (e.g., Cranbury, N.J.), a popular side dish at Thanksgiving. Cranberry township (Butler County), Pa., was the most populous of these places in 2009, with 27,560 residents. Cranberry township (Venango County), Pa., was next (6,774).
28
Number of places in the United States named Plymouth, as in Plymouth Rock, the landing site of the first Pilgrims. Plymouth, Minn., is the most populous, with 72,849 residents in 2009; Plymouth, Mass., had 56,842. There is just one township in the United States named “Pilgrim.” Located in Dade County, Mo., its population was 126 in 2009. And then there is Mayflower, Ark., whose population was 2,257 in 2009.
117 million
Number of households across the nation–all potential gathering places for people to celebrate the holiday
Read more: Thanksgiving: Census Facts — Infoplease.com http://www.infoplease.com/spot/tgcensus01.html#ixzz15kkLgq4G
Thank You!
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A new app is now available from SAP exclusively for SAP Business One on the iTunes App Store. You can download the app for either demo or live use and it is free of charge. With the SAP Business One mobile application, you can view reports and content, process approval requests, manage customer and partner data, and much more!
Download the app: http://itunes.apple.com/app/sap-business-one-mobile-application/id392606876?mt=8
SAP Business One iPhone App: NOW AVAILABLE
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Third Wave Business Systems Again Ranked in Accounting Technology VAR 100 List
Yep, that’s right! Third Wave has done it again. Not that we’re counting, but we’ve been on the Accounting Technology VAR 100 list for seven years straight now. Since 2002, we’ve been named one of the top 100 VARs in the country!
Accounting Technology is a trade magazine addressing the use of technology within accounting while also providing up-to-date information on technology services and products.
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Third Wave Business Systems Again Ranked in Accounting Technology VAR 100 List
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