UlTImATE SUccESS GUIdEent financials, invoicing, trouble tickets, and many more. Typically, a
robust PSA has the capability to run your business using one system.
Having standalone Customer Relationship Manager (CRM), marketing,
financial, project, inventory, procurement, and time and expense track-
ing software makes it difficult to track and manage “the big picture”
because they’re separate systems. When you use PSA, all these com-
ponents are integrated. Using PSA helps you manage all the important
aspects of your business in a streamlined and efficient way.
For manufacturing or industrial-type companies, the best BAS to use
is Enterprise Resource Planning (ERP) software. All your operations
and different departmental functions are all rolled into a system that
cross-communicates. This makes it easy to manage your production,
and monitor costs, sales, customers, inventory, and much more.
Regardless of what industry you’re in, PSA or BAS solutions will help
streamline you company’s operations. There’s nothing more frustrating
than using systems that don’t talk to each other, plus it makes your work
more challenging because additional time is spent with redundant data
entry. This can be avoided with PSA or BAS.
4 - shoW Me the MoneY!
in business, haPPiness is a Positive Cash floW.Do you believe that happiness is a positive cash flow in a business? I
believe it! If you don’t have a positive cash flow, then most likely you’re
depressed and stressed out. To make sure you manage your cash flow
and track your business finances, the most important tool to have is a
good accounting system. There are many accounting solutions available
to businesses, including SAGE, Microsoft Dynamics (formerly known
as Great Plains), and the one that might be the most popular, Quick-
Books. It’s important to keep abreast of your business finances using an
accounting system to track revenues, assets, investments and expenses.
Along with a good accounting system, you must have a credit card pro-
cessing system or PayPal to make it easy for your customers to pay you.
A payment processing system will help you collect payments quicker.
Once payment is processed through your credit card processor of choice,
you can easily track it with an accounting system. In business, happi-
ness is a positive cash flow, so make sure you track it. Your accounting
software will help show you the money!