Skip to main content

Achieve Business Growth with Wise ERP Management

Business Growth with Wise ERP Management

By: Ian Wanamaker

The best problem you can have in business is that your company is getting big, bigger than you ever imagined, too big maybe. This is the "problem" that Goldbelt Incorporated is currently facing. For the last two summers I have worked as an intern with Goldbelt, most recently in the accounting department, Goldbelt is a regional Alaska Native Corporation formed under ANCSA (the Alaska Native Claims Settlement Act). Goldbelt made it's start as a corporation in 1971when the federal government issued them a chunk of land, a lump sum of cash, and many shareholders. From those humble beginnings Goldbelt has grown into an international Corporation based in Alaska but with headquarters in Virgina, and subsidiaries around the U.S and some in South America.

TEKOA ERP Software


The reason it is an "issue" that Goldbelt has gotten so large is that a serious overhaul is needed to get all of their subsidiaries to localize and centralize their information in a central ERP. There are many reasons this is necessary but here is one such example: One company that Goldbelt owns is the Mt. Roberts Tramway in Juneau, Alaska. The tramway is a tourist attraction with 3 major departments; ticketing. retail, and a restaurant. Each of these departments is run on a separate software with retail using Microsoft Point of Sale, the restaurant using Squirrel software, and ticketing using a ticketing software. Each of these 3 departments' book keeping is done at Goldbelt Headquarters using Sage 100, however the managers of each department attempt to run their own business analysis.

As you can imagine, it gets a little hectic. That's why Goldbelt is opening a central service center. This central service center will provide book keeping. and business and management analysis, as well as provide a service center for life insurance and other benefits. While this center is still in the development stages management is planning to operate in the cloud so that each subsidiary and each department can have real time access to information they need. This will also eliminate the inconvenience of sending physical file folders, or emails containing zip file on top of zip file (as I had to do many times as an intern).

In conclusion, by operating in the cloud, and centralizing their ERP Goldbelt is going to be able to manage it's growth, upgrade their ability to analyze information, and probably save themselves some money (as well as a headache) in the future. This overhaul is still taking place, but it is a big step in the right direction.

Comments

Popular posts from this blog

How To Connect Sage 100 to Excel

Pull data directly from Sage 100 into Microsoft Excel for business intelligence analysis without any 3rd Party Add-Ins. By: Tekoa Software Sage 100 ERP MAS90 MAS200 data can easily be pulled directly into Excel.  Excel can perform this functionality without any third-party add-ins or tools.  Use the Excel built-in data tools to pull live Sage 100 ERP data into a spreadsheet, then analyzed the data and write reports using Excel. This allows you to use Excel to: Create Pivot Tables of Sage MAS data Quickly Filter and Sort Sage 100 data Easily Analyze data Build Excel Worksheets that reference live Sage 100 ERP data 1. Open a new Excel spreadsheet and go to the Data tab.  Select the From Other Sources dropdown and select From Data Connection Wizard. 2. Select ODBC DSN. 3. Select SOTAMAS90, which is the Sage 100 ERP ODBC driver name. 4. Login to Sage 100 using credentials that have access to the ODBC files you want. 5. Select any Sage 100 datafile nam

TEKOA ERP Mobile Warehouse Management System | WMS

Increase Accuracy and Inventory Controls with Mobile Inventory Management By: Tekoa Software Product inventory represents one of the largest investments for a Distribution or Manufacturing business.  TEKOA ERP Mobile Warehouse Management helps you increase the accuracy and efficiency of inventory quantities so you can increase the control of inventory procedures and better manage inventory values. Here are some of the advanced features of TEKOA ERP Mobile Warehouse. Mobile Inventory Item Inquiry Designed for quick access to product information, the Item Inquiry function gives mobile users the ability to scan or enter inventory Item Codes and see essential information related to the product.  Helpful for warehouse staff, but also good for mobile salespersons when they need to know the real time availability of product in your warehouse. Quickly and easily lookup Inventory Items to view the Quantity On Hand, Quantity Available and Standard Price

Digital Tools and Digital Practices for Success

It has become somewhat obvious in recent years that technology is essential for the advancement of businesses. However, what's the best way to advance? A study recently conducted by Google and Deloitte Surveying, affectionately called, "The Study," found that online advertising and digital business tools have done a lot to improve the productivity of small business across the globe. In most cases the tools increased productivity by 300% . Deloitte surveyed businesses that implement Facebook, Twitter, YouTube, Instagram, and Pinterest to see if there was any difference in their productivity. This entailed the social media side of the survey. The other side of the survey analyzed the effects of things such as websites, analytics, online marketing, cloud-based communication, and other digital channels. Before diving into Deloitte's study, it would be a good idea to separate the alternate realities of social media and digital tools. According to the Meriam Webste