Trends to Watch in The Cannabis Industry and Medical Cannabis Production

Cannabis Manufacturing Growing cannabis as wells as production of cannabis extracts in industries is against the law in many countries. For that reason, many face prosecution if they engage in any of these activities. On the other hand, anyone trafficking marijuana within regions that do not allow it is liable to a jail term according to the laws of the land. However, there is a shift from prohibition of production and growth of cannabis. As from the previous year, adults in four new states can now use marijuana for recreational purposes. Legal pot sales in North America hit almost $7 billion…

Reordering Lines on an Acumatica Sales Order

A popular requested enhancement to sales orders has just been added to the Acumatica release number 6.10.0472.  This lets you reorder document lines by using any of the following ways: You can drag-and-drop lines to reorder document lines within one page. You can cut a line on one page by using Cut Row in the context menu and paste the line on another page by using Insert Cut Row in the context menu. See below for an example.   A very useful feature that you may have missed in…

Cloud Backup Is Your Best Protection from Ransomware

Ransomware has become the biggest malware threat on the Internet. It gives you a choice between losing critical files and paying the crook who wrecked them. Victims have handed over as much as $17,000 to get their files back, and there’s no guarantee you’ll get them restored even if you pay. The surest defense is an up-to-date cloud backup with a safe copy of all your files. What is ransomware?   Ransomware usually starts with a phishing email message. If you open the attachment, it runs a script that downloads and launches the actual ransomware. It runs quietly in the background, replacing…

4 Ways the Cloud Improves Supply Chain Planning

Supply chain planning used to be more of a guessing game, relying on intuitive managers that, basically, had the inventory and sales data in their heads or on spreadsheets. Advancing technologies have been changing how business processes are: managed, planned, and accomplished – shifting thinking patterns from managing inventory and sales to managing functions and tools within ERP systems. 2017 seems to be the year when a balance will emerge more distinctly; let’s discuss this more by examining 4 ways the cloud improves supply chain planning. #1. Automation: Manufacturers and distributors have many working parts to manage within their enterprise systems,…

Microsoft Power BI Gives Small Businesses Enterprise-Level Analytical Power

Microsoft’s Power BI is a significant advance that can level the playing field for your small business. Small to medium-size businesses often struggle with implementing company-wide analysis programs because of the high cost associated with big data reporting and assessment. Besides the high cost and complexity of implementing analytic solutions, a business owner had to spend money to train someone to be able to read and interpret the information. Affordable High-End Analytics Microsoft Power BI eliminates these barriers, offering the same level of performance analytics that big companies use for a fraction of the cost. Power BI is a cloud-based business data analysis application…

Non-Stock Kits in Acumatica

I have repeatedly been asked if MaxQ had a product that could help get shippers created for kit items that were not in stock.  While we are about to release an Auto-Kit module (more on this later), most of the requirements can be handled by what appears to be a little known feature already in Acumatica’s Inventory Module, Non-Stock Kits. Taken from the Acumatica help: “When a non-stock kit is listed on a sales order as a line item, its stock components are specified on a pick list and shipped to the customer. Upon shipment confirmation, the quantity of stock components…

6 Uses for Microsoft Power BI

Microsoft Power BI is an essential software system for businesses with large amounts of disparate data created during the normal course of business operations. There are many uses for a software system like Power BI (BI stands for Business Intelligence). The following six uses, visualization, server-level management, integrated analytics, streamlined processes, and detail oriented visualization give your business the tools to process information and create quality management systems. Intuitive Visualization Visualization of data is essential for human management of business systems. While computer programs eat data for lunch, business people have rather more varied diets and need to be able…

Business Intelligence Software: Benefits to Combining Internal and External Data

Business Intelligence Finding business intelligence software that gives you a complete picture of everything in your business isn’t always easy to find. It’s one reason maybe you’ve waited to invest in BI software, even though you’re realizing doing too much guesswork about business reality isn’t smart. In today’s more competitive business climate, not knowing everything about your business can end up hurting you in the long run. All it takes is overlooking one tiny piece of information, and it could snowball into a bigger problem financially. Going with a “gut feel” about your company should never be a way to envision the future….

Why Companies Are Shifting to Cloud Backup

Cloud Computing As the need for data storage and backup increases exponentially from year to year it creates a significant challenge for businesses. Since data is the most valuable asset for most organizations, it’s not only important to have adequate backup for digital information, but it’s also important that data be accessible whenever needed and it must be kept secure from threats. Also, because company budgets are tight, organizations are seeking to consolidate technology rather than expand it. Given these facts, the strategy of continually buying more storage devices is not feasible. For most businesses, especially smaller ones with less than…

The Superb Combination of Power BI, IoT, and Azure Stream Analytics.

Power BI If John Greenough, who is a Senior Research Analyst for BI (Business Insider) Intelligence is to be believed, there will be an astounding 24 billion devices comprising the IoT by the year 2020, according to an article by John Greenough and Jonathan Camhi titled How the ‘Internet of Things’ will affect the world.  This monumental development now in play is being called the next Industrial Revolution and is expected to generate $6 trillion worth of spending over the next 5 years. For the business management or high-tech professional in the line of decision making the question naturally becomes, how is…