As businesses grow, the need for being agile in business processes has become of importance. This need for being agile has caused many companies to embrace cloud-based business models as their IT infrastructure. This, in turn, has led to the rapid growth of the ERP market. With the ERP market rapidly growing, prospective buyers have more options to select from but with more options making a decision can be a very difficult task.
The rise of technology has changed processes for several industries, but have you considered what it has changed for your industry? Wholesale, distribution and retail businesses revolve around their customers. So, how does technology impacts the demands of customers?
Every business depends on a consistent cash flow. One in four businesses won’t successfully make it through the first year of business, and more than half of startups will not make it to year five. With such a high failure rate, it is important to maintain a stable cash flow. Here are some ways to prevent a decline in your cycle.
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