Midway Dental is a second-generation company and the fastest-growing full-service dental supply company in the United States. This growth has come from the consolidation of the industry and Midway supplying much larger customers. It is also a result of Midway having greater visibility of its data, which was achieved by adding Epicor Data Analytics (EDA), powered by Phocas, to the company’s Epicor Prophet 21 (P21) backbone.
Read moreTopics: Case Study, ERP - Epicor Prophet 21, partners
Midway Dental is a second-generation company and the fastest-growing full-service dental supply company in the United States. This growth has come from the consolidation of the industry and Midway supplying much larger customers. It is also a result of Midway having greater visibility of its data, which was achieved by adding Epicor Data Analytics (EDA), powered by Phocas, to the company’s Epicor Prophet 21 (P21) backbone.
Read moreTopics: Case Study, ERP - Epicor Prophet 21, partners
While most executives understand that their data is an asset, many haven’t harnessed the valuable insights accessible with a data analytics solution. The immense amount of data you generate may seem impossible to understand, but data analytics will transform it into clear, actionable information. Another way at looking at data, if you closed your doors tomorrow, what would the new owner be most interested in? – the products on your shelves or the insights into your customers?
Read moreTopics: Business Intelligence Basics, Job Role - Executive, Job Role - Marketing
In the course of daily operations, companies often generate a great deal of data that can be leveraged to gain a significant advantage over their competition. This data includes information about sales, marketing, inventory, financials, employees and more.
Read moreTopics: Business Intelligence Basics, Industry - Wholesale Distribution, Job Role - Executive
A customer relationship management (CRM) system gathers and consolidates raw data from customer interactions into a single database. CRM systems then combine this raw and contextual data to evaluate and classify customers. Because a CRM system offers limited analysis, implementing a business intelligence (BI) solution along with your CRM creates a powerful tool for customer-centric companies. In this blog, we will discuss how combining a BI solution with a CRM delivers faster decision-making.
Read moreTopics: Business Intelligence Basics, Job Role - Marketing, CRM
Your seemingly unimportant data can be used to help your company lower costs which increases profits. When companies gain more experience in analyzing data, the real costs to serve become more visible. Instead of cutting costs at random, data analytics provides insight to make strategic adjustments. Companies who can quantify gains from analyzing data report an average 10% reduction in costs each year. In addition to lowering costs, data analysis helps companies invest capital more efficiently.
Read moreTopics: Business Intelligence Basics, Job Role - Executive, Job Role - Inventory/Operations, Job Role - Marketing
Many businesses use Excel for good reason. Excel is a best of breed tool for spreadsheets and can be great for a number of things — lists, charts and tables, simple budgets and storing data. However, relying on Excel alone is not enough for reporting needs and business intelligence. If accuracy, saving time and data security are important to your business, you may want to consider using a business intelligence solution in addition to Excel.
Read moreTopics: ERP - Microsoft Excel
Having a pulse on everything that is going on across sales, inventory, accounting and warehousing is critical to a growing and connected company. The ability to use data to answer questions about virtually every aspect of operations helps eliminate the gut feel from decision-making.
Read moreTopics: Case Study, Industry - Wholesale Distribution, Industry - HVAC/Plumbing
Phocas has a new partnership with Acumatica, provider of an award-winning cloud-based ERP system, that will extend our data analytics solution to Acumatica customers globally. The new deal helps Acumatica customers turn raw data into insights.
Read moreTopics: Company Updates
Whether you work for a retail, distribution or manufacturing organization, selling more product at the highest profit margin is a constant goal. Companies understand that the rise in e-commerce technology presents an opportunity to sell more on a global scale and deliver products faster and easier to more customers. Smart businesses are keeping up with the interplay between experiential and transactional to remain competitive.
Topics: Industry - Manufacturing, Business Intelligence Basics, Industry - Wholesale Distribution, Industry - Retail
In the age of data, choosing not to invest in a quality business intelligence (BI) solution can mean your sales team are losing market share to your competitors.
Read moreTopics: Job Role - Sales
