CenterPoint Accounting customer, Velmer Green, from Green Meadow Farms, is one of four recipients who was honored by World Dairy Expo for his innovative leadership and commitment to the global dairy industry. Velmer received the Dairyman of the Year award as reported in the September 10, 2013 issue of Hoard’s Dairyman. Congratulations Velmer!
Janet has been with Red Wing Software for almost ten years, helping customers with their Customer Care Membership renewals. If you are a Red Wing Software customer, you’ve probably spoken with Janet! She has worked in the customer service field for years, including working at The Toro Company and Polaris Industries, both Minnesota grown companies. I asked Janet to put together something, so the many customers she speaks with every day can get to know her better. Here’s what she had to say!
“You may have noticed by my Minnesota accent, I was born and raised in Minnesota. Living in Minnesota is truly interesting and the climate is always changing, from 13 inches of snow on May 2nd to almost 99 degrees on September 9th, all in 2013. In my spare time, I like to garden, and that sometimes includes removing buckthorn off my property in Red Wing….which isn’t easy. I have two daughters, with the oldest one getting married next year. As you all know, wedding planning isn’t easy and getting everyone on the same idea is next to impossible. Hopefully, the weather will cooperate for a May 2014 wedding with no snow.”
“I am an avid outdoor enthusiast and animal lover. Arabian horses are my first passion with Bon Jovie being born on my farm 27 years ago. He is still as full of life as the day he was born. Bon Jovie was a top ribbon winner in Arabian halter for years, and he’s now a loving pasture pet. Last year my husband Tom and I purchased a Border Collie named ‘Boots’. What a smarty he has turned out to be. It is true they are a very smart breed of dog, never a dull moment at our house with Boots! I also love to kayak and fish on the Flambeau River in Wisconsin and eat fresh walleye. At our cabin on the Flambeau River, there are always family and friends stopping in. The biggest problem is catching enough walleye to feed everyone. ”
By Adam Bluemner
Adam Bluemner is the Project Specialist Manager for www.FindAccountingSoftware.com, a service providing free software selection assistance. Over the last decade Adam has spoken with over 10,000 companies, helping them achieve business success through intelligent software investment. Adam writes extensively on ERP and business software.
What's the part of your job you enjoy the most? I can tell you mine. But first let me ask you this: Have you had a time where you faced a slew of challenges, but just making one great decision completely changed things for the better? As you think about that, let me explain that my favorite part of my job helping companies find great software is that I get to be a part of that process every day. When a business software decision is done correctly, it not only can be, but it will be transformative.
How much of our daily work these days takes place within the software systems we use? Quite a bit of course. Having capable and intuitive tools is a game changer. The effects are felt not only qualitatively in ease of use and the ability to overcome challenges, but quantitatively in increased efficiency and ultimately overall profitability.
Software is a specific kind of business tool, though. It's no accident that business software options are referred to as software "systems." There is a certain level of complexity to contend with. Software isn't a tool that you just pick up and start using. It is a tool whose benefits rely on proper configuration and user training.
Here's another reality related to purchasing software: A solution that costs more than the problem it solves is no solution at all. So in order to make a good decision the educated buyer should be looking at all costs critically. One cost that often sticks out is the cost related to having a software provider assist with implementation and set-up. When a buyer looks at a software proposal, it's only natural to wonder do I really need to pay 20, 30 or 50 percent of the overall costs to have the software provider work with me to help set this up? It's a good question! After all, accessing professional implementation assistance is a significant cost. It raises the question: Is it worth it? In order to answer that question, let's take a look at a number of the benefits of working with your provider to have your software professionally implemented.
5 Benefits of Getting Assistance with Your Software Implementation
Time savings related to converting existing data.
New software means bringing over existing data. Manually doing a conversion can be extremely time consuming. Think about payroll software, for instance. Just to start, you need to set up all the employee data (name, address, bank account for direct deposit, social security number, benefits, other deductions, etc.). And, typically, you also need to load in pre-existing payment histories in order to stay on top of overall tax liabilities. That's just scratching the surface of the data set-up required for one application.
There are two important time related questions you'll want to consider before handling your own records set-up. First, do you have the time to take someone off of other duties to do a week or maybe even several weeks of data entry? Second, are you able to handle the opportunity cost of that person not working on their normal responsibilities? Often the answer to those questions is no. Even if you do have the resources to facilitate the data set-up, though, it may be more cost effective to simply outsource it. Software providers have lots of experience (and often even software utilities) that can help them more efficiently handle getting your data established. Working with your provider to understand what's all involved in your data set-up, can help you determine if you should outsource the data transfer to the provider completely or maybe just rely on remote assistance for help with the more difficult points.
Time savings related to configuring your software.
Importing your existing data is important, but it's really only half the battle. There's also a process of configuring your system to meet your needs. What kind of configuration will you need to do? Let's take a look at the payroll example, again. You'll need to handle configurations related to setting period end dates, payroll cycle times, deduction options, direct deposit set-up, basic check template design, and so on. Of course, these are things that you can do internally. But, again do you have the time and how much more quickly could a provider handle these configuration tasks? Again, often times the best approach is to work in concert with the provider, so you learn your configuration options, while also getting help to make configuration a less tedious task.
Improved processes.
An underrated benefit of working with a provider is that you get another set of eyes on the processes your software supports. It's also not just any set of eyes, but someone who understands the full capabilities of the software and has seen first-hand how many other companies have gotten the most out of it. Can certain tasks be successfully batched? Are there approval points in processes that will help you catch errors and get more control? Can certain workflows be optimized for efficiency? Working with a provider to implement software gives you an opportunity to get answers to these questions that are coming from a place of experience and expertise.
Better integration.
Software doesn't exist in a vacuum. And, it's very common that data from one system will need to get passed into another at some point. Even something that intuitively feels like it is somewhat standalone (like a payroll system) can have a number of integration points (for example, with a general ledger, time and attendance, or HR system). Setting up your systems to pass data seamlessly is critical to creating on-going efficiencies, in terms of avoiding the necessity of manually re-entering data on a continuous basis.
Reduced risk.
What kind of risk can be reduced by ensuring proper software configuration and set-up? All kinds, as it turns out. Returning again to our payroll example, having a provider offer assistance with the import of your data can not only be a time-saver, it can help to ensure you are starting from a baseline that will allow you to accurately calculate your payroll tax liabilities. What about employee satisfaction? What's the net effect on employee satisfaction, if there are errors in their paychecks? Also, the quality of your data has a profound effect on the quality of your financial decision-making. Knowing you have taken the right steps to have clean reliable data means having the confidence to make the right business decisions based on accurate info.
By Stephanie Elsen
The Farm Financial Standards Council or “FFSC” is an all-volunteer non-profit group consisting of individuals interested in the improvement of financial and managerial accounting for agricultural producers. The FFSC works to create uniformity in farm financial accounting analysis. Farmers can benefit from paying attention to the FFSC and The Guidelines.
Using The Financial Guidelines for Agriculture provides consistency to third parties such as lenders and consultants. If you understand and follow The Guidelines, your lenders and consultants will have a better understanding of your financial information. With a better understanding of your business, those third parties can help you improve your operation. While you may be using your farm accounting software application to track this information, setting it up correctly is also important, and that’s when you can turn to The FFSC Guidelines.
The FFSC Guidelines are detailed in one document, which is indexed by subject. While The Guidelines are quite lengthy, reading the entire document from cover to cover is not necessary. Rather, The Guidlines should be used as a resource when a specific question arises. For example, there may be a field in your accounting system for you to assign a value to breeding livestock. You may not be aware of how to assign this value, and this situation is a perfect example of when to turn to the FFSC Guidelines and look up the best way do that.
The FFSC was created to promote uniformity and integrity in financial reporting and analysis for farmers. Learn more about their mission and the tools they offer by visiting their Web site: www.ffsc.org.
The web site www.findaccountingsoftware.com (and the services they provide) have been helping people find the right accounting software for many years. They do an incredible job of asking the right questions, so software seekers can get to their ideal results more efficiently. In this short video, they do a nice description of how their service works.
http://findaccountingsoftware.com/video/grow-your-business-with-the-right-software/