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Technology in the Medical Distribution Industry

Handling today’s medical distribution challenges By Sean Fowles New Business Sales, Seidor Africa Technology within the medical distribution industry is not new. The medical industry is under constant pressure to ensure attention to detail, adherence to strict methodologies, and regulatory compliance. There is no room for errors. Add to that the burden placed on healthcare ecosystems around the world in 2020 with the outbreak of COVID-19. Shortages of medicine and other healthcare supplies have affected countries globally. In South Africa, …

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ERP for small businesses

ERP is an option for small businesses: Be smarter, faster and automated.

Contrary to popular belief, ERP is a good option for start-ups and small to medium businesses, especially now, following the impact of the pandemic. With COVID-19 having accelerated change, the need for real-time data to enable optimal decision-making and month-to-month planning in a disrupted environment has never been more pressing. It is said that the current best formula for successful business is to be smarter, faster and automated. That’s what makes an ERP system a strategic investment right now to …

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ERP in Healthcare

Why tailored ERP solutions make sense for the healthcare industry

The World Health Organisation declared COVID-19 a global pandemic on 11 March, prompting lockdowns in many countries around the world, including South Africa. Companies in the healthcare sector are usually insulated from economic disruption due to the steady demand for medical products and procedures, but the impact of the coronavirus is different, because of its medical nature. As a result, this has had numerous short, medium, and long-term impacts on the healthcare industry. Why use an ERP system within your …

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Profit margin

Control your profit margins with an ERP solution that goes beyond accounting

Any small business owner knows how important it is to control profit margins. Profit margins show how much money the business is making, as well as the general health of the business and any problems that need attention. Controlling profit margins enables business owners to know how profitable they are and determine if money flowing out of the business is the result of core business activities or expenses. “This is especially important for growing businesses to stay ahead of their …

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Accounting to ERP Step 9

Step 9 – Pick the right long term technology partner

If you are a small business owner who has realised that the time has come to move on from mainly relying on your accounting software to an integrated business management system, you are on the brink of an exciting journey towards the digital transformation of your business. Moving from accounting to ERP. An important step in implementing the right Enterprise Resource Planning (ERP) system for your business is to decide who you will trust to be your long-term technology partner. …

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Business Reporting

Step 7 – Real-time business reporting

Real-time business reporting is essential for survival in the digital age. If you still don’t have an integrated enterprise resource planning (ERP) solution in place, generating reports can be extremely time consuming and tedious. In the past, manual reporting, with the inevitability of human error, meant that many businesses wasted precious time and money generating inaccurate reports.  Of course, today with the transition to an integrated business management system, or ERP system, businesses of all sizes can generate up-to­-the­-minute reports with …

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