Errors in Accounts Payable can be costly! The AP department needs to ensure that accurate payments are being made each time, and manual data entry systems can result in paying a vendor too much or too little, resulting in late fees, penalties or cost increases. However, AP Automation solutions like MetaViewer can eliminate those potential issues by: Reducing Overpayments Overpayments arise when a company pays more funds than owed to a supplier or vendor, often due to duplicate payments, inaccuracies in invoice data entry, or failure to apply negotiated discounts. AP automation addresses these ..read more

In today’s dynamic business landscape, effective marketing isn’t just about reaching out to potential customers; it’s about engaging them in meaningful ways, nurturing relationships, and ultimately driving conversions. To achieve these goals, businesses need robust marketing solutions that offer flexibility, scalability, and integration capabilities. Dynamics 365 for Marketing emerges as a powerful tool, empowering organizations to streamline their marketing efforts and deliver personalized experiences at scale. Understanding Dynamics 365 for Marketing Dynamics 365 for Marketing is a ..read more

In the fast-paced world of logistics and supply chain management, staying ahead of the curve is paramount. Businesses are constantly seeking innovative solutions to optimize their warehouse operations, reduce costs, and enhance customer satisfaction. In this quest for efficiency, MetaWMS emerges as a game-changer, offering a comprehensive Advance Warehouse Solution that revolutionizes the way warehouses are managed. Let’s delve into the key benefits of MetaWMS – Advance Warehouse Solution and how it can transform your warehouse operations. Key benefits of MetaWMS Exact Order Plannin ..read more

Safety stock is the extra product businesses keep on hand to avoid running out of vital inventory at critical times. The additional stock is used as a buffer to mitigate risks like supplier delays, sudden increases in consumer demand, or inaccurate inventory forecasting. While extremely useful, safety stock can tie up resources, so it's essential to get it right. Part 1 of this post discussed the importance of safety stock and why your business needs inventory management software for Dynamics 365 BC. In Part 2, we'll discuss: What inputs should you consider when selecting inventory levels? Yo ..read more

The importance of food safety cannot be overstated. Nearly half a million people die each year from foodborne illnesses, many of them preventable. Industry leaders are striving to ensure that everyone along the supply chain has access to the most cutting-edge technology and innovations in food safety. MediaPlanetUSA's campaign informs readers about recent developments in the food industry and the organizations protecting food safety. MediaPlanet's Campaign MediaPlanet partnered with chef and TV personality Gordon Ramsay and technology leaders for the MediaPlanetUSA Food Safety Campaign to high ..read more

In today’s fast-paced e-commerce world, efficiency and accuracy are king in the warehouse. Traditional, paper-based systems just can’t keep up with the demands of modern inventory management. This is where a Mobile Warehouse Management Solution (WMS) comes in. What is a Mobile WMS? Think of a WMS as the brain of your warehouse operation. It centralizes and streamlines all your essential tasks, from receiving and put-away to picking, packing, and shipping. But a Mobile WMS takes it a step further. It puts this functionality into the hands of your warehouse workers, accessibl ..read more

At StockIQ, we’re not just providing inventory management solutions; we’re about embarking on a journey with our customers, celebrating their triumphs, and tackling challenges together. It’s a partnership where success is a shared destination. A Voyage of Efficiency Just a few days ago, I had the privilege of visiting one of our clients. Their story isn’t just impressive; it’s a testament to what’s possible with the right tools and a dedicated team. Managing nearly 200,000 SKUs and juggling dozens of vendors, this client's operations are steered by a lean crew of three full-time individuals. I ..read more

Team Member licenses are designed to give users with limited permissions access to the tools they need to perform their job tasks within Microsoft Dynamics 365 Business Central (BC). They are an excellent choice for users who don't require the full capabilities of Essentials or Premium licenses. When used effectively, Team Member licenses can significantly reduce your business's total licensing cost. We'll outline what these licenses for Business Central include, but first, let's look at the three types of licenses available. Business Central License Types The first two types, Essentials ..read more

In today’s fast-paced business landscape, efficient supply chain management is crucial for success. StockIQ stands out as a game-changer, offering seamless integrations with various ERP systems. Let’s dive into how StockIQ can revolutionize your supply chain planning: 1. ERP Systems Powerhouse StockIQ bridges the gap between your supply chain and ERP systems. Whether you’re using Microsoft Dynamics (Business Central, Finance and Operations, GP), Oracle NetSuite, Acumatica, Epicor ERP, or other industry-leading ERPs, StockIQ ensures smooth integration. Say goodbye to da ..read more

What Are Inventory Turns and What are the Benefits of Improved Inventory Turns?  Inventory management is a critical aspect of any distribution business. Efficiently managing inventory can significantly impact a distributor’s bottom line. One key metric that distributors should pay attention to is inventory turnover or inventory turns. Inventory turns simply represent the number of times a distributor sells and replenishes its entire inventory within a specific period (usually a year). It’s typically  calculated as: [ \text{Inventory Turns} = \frac{\text{Cost of Goods S ..read more