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Have you ever found it difficult to approach the subject of implementing a CRM system within your organization because of fear of lacking executive sponsorship?
This is a common fear users face and even suffer from post implementation when management still isn’t involved!
Certainly, we don’t want this to happen at your organization. This post walks you through some seriously spooky facts about CRM’s effectiveness in 2019 to shock your boss with.
Get them on board the CRM bandwagon this year! Pass these incredible facts along to empower your team to succeed with leading CRM technology.
1. “Social Customer Relationship Management (CRM) market worldwide is projected to grow by US $204.3 billion, guided by a compounded growth of 52.8%.” (“Social Customer Relationship Management (CRM) – Market Analysis, Trends, and Forecasts”, 2019)
2. “91% of businesses with 10 or more employees now use CRM software.” (CRM Magazine, 2019)
3. “The average return on investment a company using CRM has is $8.71 for every dollar spent.” (Nucleus Research, 2018)
4. “CRM software can increase sales conversion rates by up to 300%.” (Cloudswave, 2019)
5. “65% of companies adopt a CRM system within their first five years of business.” (Nutshell, 2019)
6. “Effective sales organizations are 87% more likely to be consistent users of CRM or another system record.” (Nutshell, 2019)
7. “47% of CRM users said their CRM had a significant impact on customer retention and satisfaction.” (Nutshell, 2019)
8. “74% of CRM software users said their CRM gave them improved access to customer data.” (Nutshell, 2019)
9. “24% more sales reps achieve their annual sales quota with mobile access to their CRM.” (Nutshell, 2019)
10. “13% of companies say that investing in a CRM system is a top priority for their sales team in 2019.” (G2Research, 2019)
If these impressive stats still don’t convince decision-makers at your company to start the CRM research and awareness phase that comes before implementation, use our Featured Resources to guide your conversation!
Together with your executive sponsors, you can start to affect the positive change your organization is capable of, using leading technology like CRM to succeed.
Learn more about different CRM solutions your organization may benefit from here.
RESOURCES:
The post 10 Seriously Spooky Facts About CRM’s Effectiveness to Shock Your Boss! appeared first on Ledgeview Partners.
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The legacy Web Client has been deprecated as of September 2019.
What does this mean?
Microsoft has set the 1st of October 2020 for when the Web Client will no longer be available. If you are still using the legacy Web Client, you will need to transition to the Unified Interface by this date.
Microsoft will still provide support, security and other critical updates to the Web Client until the 1st of October 2020.
There will be reminders and scheduling updates sent from Microsoft leading up to the cut off date.
It is now less than a year until the Web Client is deactivated, so make the change sooner than later!
The dates were referenced from: https://docs.microsoft.com/en-us/power-platform/important-changes-coming
If you want to know more about the Unified Interface, take a look at our blog “Why I Love the New Microsoft Dynamics 365 V9 Unified Interface and You will too”.
Also look at this blog on how to set the Unified Interface as default:
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In this episode of “Steve has a Chat”, I catch up again with Steven Guggenheimer “Guggs” to get the latest on the ISV Connect program. I also had a few surprises for him. Enjoy!
BTW, don’t forget, Mark Smith (@nz365guy) and I do PowerUpLive every Wednesay at 4PM EST, click here to be alerted, and here’s a link to the replays!
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Facing the truth can be hard - especially when it means you will have to welcome something "new" into your life. But if there's signs you've outgrown Netsuite item commitments, it's time to face the facts. If the following apply to you, it may be time to switch to the NetSuite 2019.2 new feature Supply Allocation.
-Do you regularly re-commit inventory to ensure sales and/or work orders can be completed?
-Do you need to consider future orders but not ALL future special orders?
-Do you need to commit items in different ways (standard orders vs replacement orders)?
-Are you manually entering transfer orders after reviewing a search?
Item Commitments | Supply Allocation | |
With the preference Perform Item Commitment After Transaction Entry active, NetSuite performs automatic inventory allocation when new item quantities become available. NetSuite will automatically remove available quantities from sales orders, work orders, and transfer orders in limited scenarios | When you enter demand orders such as sales or transfers, the allocation engine also considers planned inventory orders, such as transfer orders and work orders, to match supply with demand based on the date that supply is required. When Supply Allocation matches demand orders that have future ship dates to supply orders with future receipt dates, on-hand inventory remains available to fill immediate demand orders.
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Item commitments can be done manually, by order priority, by expected ship date, or by transaction date. | Supply allocation calculations assess current and future inventory supply and determine the best ways to allocate supply to the demand on orders.
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If multiple orders are changed and a large amount of inventory is removed, your setting determines which orders are affected and which orders get items allocated first. Quantities will be de-committed based on the quantity is reduced on the transaction with a committed quantity and the oldest transaction date. | Create an allocation strategy to define the rules used to allocate particular inventory. You can create multiple strategies, then choose them on demand order lines to specify the way inventory is allocated to respond to that demand. These calculations are based on the allocation strategies defined on order lines. |
Supply Allocation is one of many enhancements NetSuite offers to make your Supply Chain seamless. To learn more ways NetSuite can enhance supply chain - and your business - send an email to our NetSuite experts.
Employers have been tasked with complying with the Affordable Care Act (ACA), but many have bought into the notion that it won’t be enforced or it will be repealed before any enforcement actions begin. IRS Letter 5699 gives the employer choices on how to respond regarding their filing situation. The letter asks the employer if they:
These letters have been going out to employers whom the IRS identifies as potential non-filers of the required ACA Information Returns (Form 1094-C and 1095-C). On the June 6, 2019 IRS Payroll Industry call, the IRS identified that for the 2016 tax year, 8,194 letters were mailed to employers. This went up to 8,752 letters for tax year 2017. Those letters were to be sent between May 15, 2019 and July of 2019.
Even if an employer complies with the requirement to offer compliant coverage to required individuals, failure to file the required forms will result in penalty. For 2019, that’s $540 per eligible employee. Read more about IRS enforcement of the ACA here.
Have you received a IRS Letter 5699 and need help moving forward? Contact us and we’ll be happy to assist. Also, please visit acafluent.com to get up to speed on all things ACA.
Written by Integrity Data