|
|
|
|
May 2024 - Vol. 5, Issue 5 |
|
|
|
Welcome to the May edition of On The Button!
We have a lot of exciting news to share this month so keep reading!
As always we're thrilled to share the latest insights, trends, and updates shaping the landscape of business, Procurement and IT. In each edition, we aim to curate valuable content that not only informs but also inspires. Whether you're a seasoned professional or just starting your journey as an entrepreneur, our newsletter is designed to keep you ahead of the curve.
As we embark on this journey together, we want to express our gratitude for your continued support. Thank you for being an integral part of our community, and here's to a year filled with growth, success, and shared accomplishments. |
|
|
|
When to Upgrade to a Full Suite ERP Solution - A Comprehensive Guide |
|
|
|
Staying ahead of the curve requires more than just keeping up with the competition—it requires proactive adaptation and strategic investment in technology. One critical decision that businesses often face is when to upgrade to a full suite Enterprise Resource Planning (ERP) solution. This comprehensive guide delves into the key considerations and actionable steps to help businesses determine the optimal time for this transition.
1. Current System Limitations: Start by conducting a thorough assessment of your current systems. Identify any pain points, inefficiencies, or gaps that hinder your operations. Are you experiencing delays in processing orders, inaccuracies in inventory management, or challenges in financial reporting? Document these limitations to gain clarity on the areas that need improvement and the specific functionalities that your current systems lack.
Once you’ve identified the limitations, prioritize them based on their impact on your business operations. For example, if inventory management issues are causing stockouts or overstock situations, addressing this challenge should be a top priority. Engage with stakeholders across different departments to gather insights and feedback on system performance and areas for improvement.
Read the full article here. |
|
|
|
Key Financial Metrics for Business Owners |
|
|
|
Embarking on the dynamic journey of small business management demands a keen understanding and strategic use of financial metrics. In this ever-evolving business landscape, these metrics act as beacons, navigating entrepreneurs through complexities, much like a lighthouse guides ships through treacherous waters. This article explores the intricate world of financial metrics for small businesses, emphasizing how informed decision-making is the cornerstone of enduring success.
Financial Metrics: Why are they necessary?
Financial metrics are key performance indicators of a business, and they convey much more than just numbers. This gold mine of data enables you to evaluate your business’ standing against its goals periodically. Understanding financial metrics helps in early detection of aberrations; this gives you the luxury of time to fix them before the ripples reach your profits. It empowers your business not just to survive, but to thrive and evolve continually, ensuring financial prudence.
Read the full article here.
|
|
|
|
|
|
We strive to keep you up to date and informed about company news, events and updates! We have also featured various upcoming business events going on in the GTA! |
|
|
|
|
|
ProcurePro Launches The Entrepreneuring Show with Jill Button! |
|
|
|
Join Jill Button, Founder & CEO of ProcurePro Consulting and the ProcureHub Marketplace every Thursday at 12pm EST, streamed live on LinkedIn, YouTube and Facebook.
Hear from ProcureHub community entrepreneurs, leaders and business experts as they share their entrepreneurial journey, lessons learned and industry insights.
Read more details here.
|
|
|
|
|
|
|
|
Enter the 'I am an Entrepreneur Contest to Win $1000! |
|
|
|
The “I am an Entrepreneur” contest is designed to help entrepreneurs and SMB (Small and Medium sized Business) with the many challenges entrepreneurs face today including; funding, cash flow, finding resources, customers and great suppliers to help them run and grow their business. We want to shine a spotlight on the incredible diversity of entrepreneurs from all industries, sectors, religious backgrounds, cultures, colors, ages, and abilities across Ontario.
Read more details here.
|
|
|
|
|
|
|
|
Join ProcureHub at the Small Business Show in June and help us celebrate our 1st birthday since launch! We'll be exhibiting so be sure to stop by and say hello! |
|
|
|
|
|
|
|
|
|
One-Stop-Shop for Small and Medium Business Services! By leveraging trusted, verified suppliers, ProcureHub enables SMB buyers to say goodbye to wasted hours scouring the internet for the right supplier. Our marketplace saves you time and money by providing a one-stop-shop for all your business needs. |
|
|
|
|
|
|
|
|
|
We're proud to have the following business join us as a Founding Supplier on ProcureHub Marketplace. To checkout their services and more visit www.procurehub.ca |
|
GrowMyBrand Inc. provides branding and growth strategy consulting services to Canadian Businesses.
Looking to hire GrowMyBrand Inc? Click here to join the ProcureHub Marketplace. It's FREE!
|
|
|
|
|
|
BookTrib Review -
How NOT To Get Screwed By Your Suppliers And SAVE Millions!
Read the review here!
|
|
|
|
|
|
|
|
Practical, Applicable, Sustainable Solutions!
|
|
|
|
|
|
|
|
.png)
