Latest news with #ERP
Time Business News
16 hours ago
- Business
- Time Business News
Axolotl vs Traditional ERP: 7 Reasons to Ditch Legacy Systems
Enterprise Resource Planning (ERP) systems are the digital nerve center of any modern business. Yet, many companies continue to rely on outdated, traditional ERP systems that are clunky, slow, and incompatible with today's fast-paced, cloud-powered business environments. As business models evolve and competition stiffens, sticking with legacy systems can become a liability. Enter Axolt, a next-generation ERP solution that leverages the power of the Salesforce ERP platform to bring modern, agile, and intelligent ERP features to growing enterprises. From enhancing inventory visibility to streamlining supply chain operations and automating workflows, Axolt ERP is engineered for the complexities of today's manufacturing and distribution industries. Traditional ERP systems are notorious for their complexity, high maintenance, and lack of adaptability. These systems were designed for an era when software updates were rare and business processes were static. As a result, they are often riddled with outdated code, bloated modules, and a dependence on IT teams for even the simplest of configurations. Businesses that continue to operate on legacy ERP platforms find it challenging to scale or respond to changing market conditions. Manual processes, delayed reporting, and limited integrations severely impact efficiency. With customer expectations rising and competition intensifying, clinging to traditional systems is not just inefficient—it's risky. Unlike legacy ERP solutions that were designed for on-premise deployment, Axolt ERP is built natively on the Salesforce ERP cloud platform. This modern infrastructure allows for instant scalability, real-time data visibility, and seamless integration with other cloud applications like CRM, finance tools, and ecommerce systems. The cloud-native architecture of Axolt makes it inherently agile and secure. Businesses can access the system from anywhere, manage remote teams, and leverage continuous updates without downtime. With Salesforce's trusted infrastructure as its backbone, Axolt ERP ensures enterprise-grade reliability, compliance, and uptime. Legacy systems struggle with inventory accuracy and transparency. Stock levels may be updated once a day—if not manually managed in spreadsheets—leading to frequent stockouts or overstocking. For businesses with complex warehousing or multi-location needs, this becomes a nightmare. With Axolt, inventory management is precise, real-time, and automated. The system offers visibility into every item across warehouses, production lines, and distribution channels. Whether you're running a manufacturing ERP workflow or managing retail operations, Axolt allows you to track, forecast, and replenish inventory based on actual demand. Traditional ERPs often fall short in supply chain management. Their rigid architecture and siloed databases result in poor communication between procurement, logistics, and production teams. This fragmentation leads to delays, increased costs, and missed delivery windows. Axolt ERP revolutionizes supply chain coordination by connecting all stakeholders on a single platform. Vendors, partners, and internal departments can collaborate in real-time, share documentation, and monitor the status of every shipment or purchase order. The result is a supply chain that is faster, smarter, and more resilient. In a world where product customizations, just-in-time production, and compliance are the norm, manufacturing ERP solutions must go beyond basic automation. Legacy ERPs often require custom coding or third-party modules to handle these complexities, leading to high costs and maintenance issues. Axolt ERP is purpose-built for manufacturers. Whether it's discrete, process, or hybrid manufacturing, Axolt supports production planning, bill of materials (BOM) management, shop floor tracking, and quality control—all in one unified dashboard. With visual workflows and drag-and-drop configurability, teams can adapt quickly to new requirements without needing IT support. Implementing a traditional ERP can take years and cost millions. Customization, hardware procurement, and training requirements significantly inflate budgets. Worse, businesses are often locked into costly maintenance and upgrade contracts. Axolt, on the other hand, offers a streamlined implementation process thanks to its cloud-first model and pre-configured modules. Businesses can go live in months, not years. With no need for hardware, minimal IT involvement, and automatic updates, Axolt ERP drastically reduces total cost of ownership and accelerates return on investment. One of the most significant limitations of legacy ERP systems is the lack of real-time reporting and analytics. Decision-makers often have to wait days for updated reports or rely on data that is siloed across different modules. Axolt eliminates this bottleneck. Built on the Salesforce platform, it offers dynamic dashboards, AI-driven insights, and predictive analytics. Whether you need to monitor production KPIs, track inventory turnover, or forecast demand, Axolt ERP provides up-to-the-minute data that empowers strategic decision-making. Legacy ERPs often create silos between departments—sales, finance, operations, and customer service all use different tools or modules that don't communicate well with each other. This fragmented ecosystem results in misaligned goals, poor customer experience, and operational inefficiencies. Axolt bridges these gaps. Every department—from procurement to accounting—works off the same dataset. This single source of truth ensures transparency, improves collaboration, and increases accountability. As a result, teams become more aligned, agile, and productive. Change is the only constant in business. Whether you're expanding into new markets, launching new product lines, or responding to regulatory changes, your ERP must adapt quickly. Traditional systems are notoriously rigid, requiring costly development cycles for every tweak. Axolt ERP is inherently flexible. Built on a configurable platform, it allows businesses to modify workflows, fields, and reports without writing code. You can introduce new features, integrate third-party tools, or create automation—all through a user-friendly interface that evolves with your needs. In today's customer-first era, ERP and CRM can no longer function in silos. Traditional ERPs typically offer limited or outdated customer data, making it hard to deliver personalized service or proactive support. Since Axolt is native to Salesforce ERP, it offers seamless CRM integration. Sales, support, and service teams can access customer histories, orders, payments, and support tickets in one place. This 360-degree view enables faster response times, better cross-sell opportunities, and more meaningful relationships with customers. One of the major risks of legacy ERP systems is their inability to scale. As your customer base grows or you expand operations globally, these systems can buckle under the pressure, requiring expensive upgrades or complete replacements. Axolt ERP is designed with growth in mind. Whether you're adding new users, opening new facilities, or expanding your product catalog, Axolt can scale instantly. Its modular structure means you can implement only what you need now and add features later as your business grows. Compliance is a top concern in industries like manufacturing, healthcare, and distribution. Traditional ERP systems often leave compliance tracking to manual processes, increasing the risk of errors, fines, and reputational damage. With Axolt, compliance is integrated into the system. Whether it's ISO standards, FDA requirements, or local tax regulations, Axolt ERP helps you track, document, and report on compliance automatically. You can create audit trails, enforce approval workflows, and monitor user access to ensure full regulatory alignment. Legacy ERPs were designed for desktop users in office environments. In today's mobile world, that's no longer acceptable. Field staff, warehouse teams, and remote employees need real-time access to ERP systems from anywhere. Axolt ERP is mobile-ready out of the box. Teams can manage orders, check inventory, approve workflows, and run reports right from their smartphones or tablets. This enhances responsiveness, boosts productivity, and supports hybrid work models without compromising on security or functionality. More and more businesses are ditching traditional ERP systems and switching to Axolt—and for good reason. Whether it's a mid-sized manufacturer or a multinational distributor, companies are realizing that agility, integration, and intelligence are key to staying competitive in today's marketplace. Axolt ERP not only meets these demands but exceeds them by offering a platform that's scalable, intuitive, and future-proof. It's no longer a question of 'if' you should migrate, but 'when.' Modern businesses need more than just automation—they need visibility, control, and strategic insight. Legacy ERP systems simply aren't built for this reality. From slow updates to poor usability and limited customization, they pose more challenges than benefits. Axolt, on the other hand, unlocks your true business potential by turning your ERP system into a strategic asset. With unified data, intelligent workflows, and unmatched flexibility, Axolt ERP drives better outcomes across every facet of your organization. TIME BUSINESS NEWS
Geek Wire
3 days ago
- Business
- Geek Wire
Acumatica CEO on the secret sauce behind company's growth — and its next chapter with Vista
Acumatica CEO John Case. (Acumatica Photo) Make the software easy to use. Find key partners to drive sales. Lean on a community of users to help improve your product. Those are some of the ingredients fueling growth at Acumatica, the Bellevue, Wash.-based enterprise software giant that will be acquired by Vista Equity Partners in a deal announced Thursday. Founded in 2008, the company has grown steadily since it was acquired by EQT Partners in 2019. EQT generated a 5X multiple on its invested capital, according to Bloomberg, which reported that the new deal with Vista values Acumatica at about $2 billion. Acumatica specializes in enterprise resource planning, or ERP. Its software is used for accounting, inventory tracking, supply chain operations, and more. The company targets mid-market customers — businesses with 25-to-1,000 employees — across an array of industries. 'Tens of thousands of companies fit that description and they're hunting for new digital technology to run their business,' said Acumatica CEO John Case. The ongoing AI boom is a tailwind for Acumatica, which has introduced a range of automation capabilities to help speed up data extraction, demand forecasting, business workflows, and more. 'The mid-market customer, they don't have big AI teams,' Case said. 'They're looking to buy systems and run on systems that are going to benefit from that technology in a very pragmatic way.' Acumatica has carved market share in a competitive sector that includes Microsoft, Oracle, and other ERP vendors — but it differentiates by focusing specifically on mid-market. Case, who joined as CEO in 2022, pointed to three aspects of the company's business that has helped drive growth. Platform architecture: Since its inception, the company built software with easy integration capabilities and configuration, Case said. 'We do all this extra work to make the platform incredibly functional for the average customer,' he said. Since its inception, the company built software with easy integration capabilities and configuration, Case said. 'We do all this extra work to make the platform incredibly functional for the average customer,' he said. Go-to-market model: Acumatica works with hundreds of partners in a reseller network that help with implementation and in-person service. 'That channel is incredibly hard to build and replicate,' Case said. Acumatica works with hundreds of partners in a reseller network that help with implementation and in-person service. 'That channel is incredibly hard to build and replicate,' Case said. Community engagement: The company has more than 30,000 active members in its community that vote on potential new features. 'They want us to build the product that they want to use,' Case said. 'That is a really helpful virtuous cycle that helps shape our future — and insulate us from some of the challenges other businesses might have.' Case said Acumatica talked to a number of private equity firms over the past several months. 'Vista was most convicted about our business model and how we go to market,' he said, adding: 'This is a growth story. They're wanting to fuel and accelerate that growth.' The company plans to boost headcount and reach about 750 employees globally this quarter. About 10% of its workforce is based in the Pacific Northwest. Acumatica moved its headquarters to the Seattle region from the Washington, D.C., area in 2012. It opened a new HQ in Bellevue last year. Vista, an Austin, Texas-based firm with more than $100 billion in assets, recently acquired Bellevue-based enterprise software company Smartsheet in an $8.4 billion deal with Blackstone. Vista also acquired other Seattle-area tech companies including IT cost analysis software firm Apptio in 2019 (Apptio sold to IBM in 2023) and tax software giant Avalara in 2022.
Geek Wire
3 days ago
- Business
- Geek Wire
Vista Equity Partners to acquire Acumatica in latest Seattle-area enterprise software deal
Acumatica's lobby at its Bellevue-area headquarters. (Acumatica Photo) Vista Equity Partners is swooping up another Seattle-area enterprise software player. The private equity firm announced Thursday that it will acquire Acumatica, which specializes in cloud-based enterprise resource planning (ERP) technology. Terms of the deal were not disclosed. Founded in 2008, Acumatica helps companies automate processes including financial management, payroll, CRM, and more. It sells to various industries and sectors, and competes against tech giants including Microsoft, Oracle, and SAP, among others. Private equity firm EQT Partners acquired Acumatica in 2019. Vista said EQT will no longer be an investor in the company. Bloomberg, which reported on the deal Wednesday, said that acquisition could value Acumatica at $2 billion. Acumatica is led by John Case, the former CEO of Unify Square. Case took over in 2022, replacing Jon Roskill, who moved into an advisory role with EQT. 'With Vista's support and track record of growing software companies, we believe we're positioned to accelerate product development, deepen partner engagement and extend our impact,' Case said in a statement. Acumatica moved its headquarters to the Seattle region from the Washington, D.C., area in 2012. It opened a new HQ in Bellevue, Wash., last year. It employs almost 700 people worldwide, according to LinkedIn, which is up from 265 employees in 2019. Vista, an Austin, Texas-based firm with more than $100 billion in assets, recently acquired Bellevue, Wash.-based enterprise software giant Smartsheet in an $8.4 billion deal with Blackstone. Vista also acquired other publicly traded Seattle-area tech companies including IT cost analysis software firm Apptio in 2019 (Apptio sold to IBM in 2023) and tax software giant Avalara in 2022.
Yahoo
25-05-2025
- Business
- Yahoo
Trimble Unveils New Software to Enhance Construction Material Cost Control
On Thursday, US technology company Trimble Inc. (NASDAQ:TRMB) launched its new software solution called Trimble Materials. This end-to-end purchasing, inventory, and accounts payable solution is designed to enhance contractors' control over material costs. Trimble Inc.'s (NASDAQ:TRMB) vice-president and general manager of construction management solutions, Lawrence Smith, stated that Trimble Materials offers a cohesive solution by connecting material ordering, inventory, and accounting, which is particularly valuable given potential changes in tariff policy. Trimble Materials integrates seamlessly with Trimble's existing ERP solutions, which include Viewpoint Spectrum and Viewpoint Vista. A worker at a remote location using Automated Application Technology with their tablet and scanner. With Trimble Materials, field users can search for & request materials, view inventory, record received materials, and communicate effectively with the office. For office users, the software solution enables more efficient control, approval, & processing of orders, among other uses. Trimble Materials will be showcased at this year's Construction Financial Management Association National Conference and will be available as part of the Trimble Construction One software suite for North American contractors. While we acknowledge the potential of TRMB to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than TRMB and that has 100x upside potential, check out our report about the cheapest AI stock. READ NEXT: and . Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
Associated Press
23-05-2025
- Business
- Associated Press
Innovia Consulting Acquires Lloyd Business IT Solutions NAV Operations, Expanding Its Microsoft Dynamics Presence In Canada
ONALASKA, Wis., May 23, 2025 /PRNewswire/ -- Innovia Consulting, a leading Microsoft Dynamics 365 Business Central partner, is pleased to announce the merging of Lloyd Business IT Solutions, a respected provider of Microsoft Dynamics services based in Ontario, Canada into Innvoia Consulting North America operations. This change strengthens Innovia's position in the Microsoft Dynamics ecosystem and enhances its ability to deliver exceptional service and support to clients across Canada. Lloyd Business IT Solutions has built a strong reputation for delivering ERP solutions and outstanding customer service. Dan Kaltiainen, the founder and owner of Lloyd Business IT Solutions, will be joining the Innovia Consulting team. Daniel will continue to work closely with clients and contribute his deep industry knowledge and technical expertise to Innovia's growing team. 'We are thrilled to welcome Daniel and the Lloyd Business IT Solutions team to the Innovia family,' said Alan Wyne, CEO of Innovia Consulting. 'Their commitment to excellence and customer success aligns perfectly with our values, and we look forward to achieving great things together.' Both companies' clients can expect a seamless transition and continued dedication to high-quality service, innovation, and support. For more information, please visit or contact Alan Wyne - [email protected] View original content to download multimedia: SOURCE Innovia Consulting
