Read more on "Why We Offer More Than Just Software" »
From the beginning, we at TGO recognized that if we were going to truly help our customers, we had to offer more than just software systems. We had to offer the expertise, guidance, and financial systems know-how to turn those software systems into real solutions, tailored for each and every business we worked with.
That’s why we have a different methodology than many other firms. We spend lots of time at the beginning of each client interaction delving into the business challenges you want to address. Then, we can offer an efficient, effective solution.
So what’s a Gap analysis anyway? Well, it’s actually pretty straightforward: a Gap analysis analyzes and documents the differences between your business’s current performance with your desired performance.
This can be done from the viewpoint of various departments or systems. You can have an information technology Gap analysis, which would focus, of course, on your IT capabilities and aspirations. You could have a business processes GAP analysis, which would focus on how your business processes can be improved.
Or you could go the business direction route, which is what we at TGO offer. A business direction Gap analysis focuses on the overall direction in which you want to take your business, and the issues that are preventing you from getting there.
In TGO’s Business Direction Gap Analysis, we focus specifically on your financial systems. In this collaborative engagement, our team of consultants works closely with your senior management team to see what elements are making it harder for you to reach your business goals.
Because we collaborate heavily with your own team, we are able to gain a full, in-depth view of your business processes, while offering the objective viewpoint of outside consultants.
At the close of the analysis, our consultants have a deep understanding of your business objectives and are able to bring clarity to the gap between actual and desired performance. In addition, together with your senior management team, we are able to create a roadmap to success.
You know how you take your car in to the mechanic every several thousand miles to get an overall check-up? This is like that—except for your business’s financial systems.
With this assessment, TGO’s consultants do a thorough check on your financial systems hardware, software, and implementation. We highlight areas of weakness, as well as points that have the highest potential risk of failure. We also make recommendations to improve your systems’ performance. The end result is a plan that can help you run your business in a more cost-effective, efficient manner.
With this package, TGO offers you quick, streamlined support for all your financial systems issues. If a problem arises, all you have to do is call TGO—we’ll immediately document your call, and pass the issue along to one of our experienced financial systems support specialists.
They’ll get back to you quickly, as we recognize how urgent these issues are for your business. Our specialists will clarify your concern, and then stay with you to move the issue toward a quick, effective solution.
Having Financial Systems Assurance can give you greater peace of mind, knowing that if an issue does arise, you’ll be able to resolve it with minimal disruption to your business’s operation. Plus, we can help you avoid future issues with our pool of expert financial systems knowledge.
Luckily, 2015 has seen no shortage of great business books (and great non-business books, too—but that’s a topic for another post).
Covering fascinating stories and issues like the global financial crisis, gender equality, and the Bitcoin scandal, here are our choices for 2015’s best business books for CFOs.
Unfinished Business, by Anne-Marie Slaughter. When Anne-Marie Slaughter penned her now-famous, some might say infamous, essay in The Atlantic titled “Why Women Still Can’t Have It All,” women—and men—all over the world took notice. The essay discussed the challenges that women still face when it comes to balancing career development with taking care of a family, despite the successes of 1960s feminism.
In Unfinished Business, Slaughter expands on this essay, exploring the gender gap among C-level executives and arguing—convincingly—that until the workplace changes, parents who step back from paid work to focus on childrearing will be valued less than parents who continue to give paid work their all. The topic is an important and timely one, and since Slaughter’s a great writer, Unfinished Business is both enjoyable and educational.
Digital Gold: Bitcoin and the Inside Story of the Misfits and Millionaires Trying to Reinvent Money, by Nathaniel Popper. The story of Bitcoin, the virtual, hard-to-trace currency that found proponents ranging from billionaires to criminals, is a colorful one. Filled with eccentric characters, criminal investigations, and lofty potentialities for the future of money, Digital Gold is a page-turning true story that’s relevant not just for techies, but for anyone in the world of finance.
Superforecasting: The Art and Science of Prediction, by Philip E. Tetlock and Dan Gardner. In 2005, Tetlock, a Wharton School of Business professor, showed through a major study that even experts’ predictions of the future are just slightly better than chance. However, there are a few people who truly are good at forecasting, and Tetlock and Gardner wrote this book to explore why, and more importantly, how.
Drawing on research and the results of something called the Good Judgment Tournament, which puts regular people in a competition to forecast global events, Superforecasting offers practical, effective ways to improve our predicting power and enhance our decision making skills.
Hall of Mirrors: The Great Depression, The Great Recession, and the Uses and Misuses of History, by Barry Eichengreen. This Oxford University Press title is, as its publisher would suggest, quite educational, but it’s also highly interesting. In Hall of Mirrors, Eichengreen compares the Great Recession and the Great Depression—in fact, this book is the first detailed comparison of these two financial crises.
By focusing on both the U.S. and Europe, and offering anecdotes about key players in each crisis, Eichengreen manages to offer not just an illuminating exploration into the two global events, but a fun glimpse of history, too.
Black Horse Ride: The Inside Story of Lloyds and the Banking Crisis, by Ivan Fallon. Another tale of the Great Recession, Black Horse Ride uncovers the inside story of the English bank Lloyds and its ill-fated takeover of the Halifax Bank of Scotland. The takeover resulted in a government bailout for Lloyds, and in Lloyds chairman, Sir Victor Blank, becoming a publicly-hated symbol of the problem with banks and bankers.
Fallon, however, argues that the hatred of Blank and of Lloyds was unfair, and he does so with excellent storytelling rather than dry economic treatise. Black Horse Ride is a good choice for anyone wanting to understand more about how the 2008 financial crisis played out on the other side of the pond.
Read more on "How TGO Can Customize an ERP for Your Company" »
TGO Consulting has been in the business of improving businesses for nearly three decades. Through the dot-com boom and the rapidly growing and changing world of information technology, they have been at the forefront of innovation, helping companies find ways to increase performance and enhance productivity.
While TGO can help with virtually any aspect of business, from customer service to market data to budgeting and beyond, the ever more important support of ERP (enterprise resource planning) software is central to their strategy. This software has been a game changer in the business world, allowing organizations to automate many functions that once required massive paperwork and bookkeeping.
TGO specializes in the top names in ERP technology: Microsoft Dynamics, Sage, and others, not only to give your business a choice, but to allow you unprecedented flexibility, so you get the system that fits your business, no matter how unique your needs or specialized your clientele. TGO’s support team and trainers, with your help, can craft the perfect ERP solution for you.
TGO is dedicated to helping your business achieve greater heights. The process always begins with learning about your organization and its unique needs. It’s important that any technology solutions developed not only work for you, but with you.
The first consultation is a Business Direction Gap Analysis session, where TGO gets to know your business. Only after that does the work of finding what will best enhance your business begins. TGO creates a comprehensive, value-driven plan. Value-driven means no hidden costs, no surprise changes in scope or timeline, and a guarantee to make sure all work is done in a timely and professional manner, to your satisfaction.
Is Customization Really Necessary?
Customized ERP is not a necessary requirement for many businesses. Off-the-shelf options are just fine for them. But there are also a great number that have some kind of unique feature, service, or function that does not fit the usual business models. That’s where a customization solution comes into the picture. TGO can structure an ERP package that addresses your specific needs, no matter how specific they are. It’s possible to shoehorn in add-on packages and get an approximation, but that can be like the difference between wearing a suit off the rack and having one tailor-made. The latter fits better, and more comfortably, and it shows.
TGO makes the customization process painless by fully assessing what you need and explaining what needs to be done before any changes are actually made. It is important to make sure everyone who will interact with your new ERP system is fully ready to make the transition and learn the new system even as it’s being installed. Accessibility is an important factor in every solution TGO provides.
For those big changes, TGO offers training to get everyone up to speed, so your day-to-day work can continue smoothly, even during the transition. Support doesn’t end afterward, either. TGO is there for you with support after the work is done.
Under Your Control
Of course, you know your business better than anyone else, which is why TGO uses a process that deeply involves your company on every level. Every aspect should be something you want, and you can understand and use. It’s not just customization that benefits your business, but the right amount of customization. Not enough, and your ERP system might as well just be the standard off-the-shelf system. But if it’s too different, it will be that much more difficult to use, even obviating the good qualities that customizing was supposed to bring in the first place.
This is why TGO creates a comprehensive plan that can only proceed with your approval. They’re not creating a system to show their skill, but to help you and your people enhance their skill. If there’s some customization that looks good, but will offer little benefit, TGO will make sure you are aware of all the pros and cons of a particular change in the course of action, so every decision you make is fully informed.
TGO welcomes any questions you might have about your ERP solutions, even before being hired. If you’re considering a new ERP system or upgrading what you already have, TGO can craft the ERP solution you need. Each project begins with the vision of what you want, both short-term and long-term, so your solution can be built from the ground up, starting small, then moving to the bigger parts, so you can see progress from beginning to end, on every level.
Read more on "4 Reasons Why PNMSoft Sequence Will Improve Your Business" »
When it comes to directing workflow, a traditional organizational strategy is simply no longer an option for mid- to large-sized companies. Times have changed, and so should your workflow software!
Each department in your organization, in carrying out its unique or shared task, should be able to stay on point at all times. But wait… how can you eliminate inefficiency, inconsistency, and confusion, without sacrificing productivity?
Here are four reasons why Sequence is the tool you need to transform your business:
1. Optimize Your Business Processes
The days of troublesome, time-consuming manual tinkering with workflow models are over.
PNMSoft Sequence provides businesses with an out-of-the-box, easy-to-use software that integrates perfectly with the Microsoft stack. Existing ERP, CRM, email/file systems, Mainframes, and Oracle DB can easily be operated within this intuitive BPM workflow software, giving you superior control over every facet of an operation.
If you need to make changes to your existing business process structure on the fly, HotChange technology will allow you to do so with ease. Operating inside all levels of Sequence, HotChange allows organizations the most flexible means of shifting focus from one new goal or strategy to the next.
2. Communicate Better With Your Team
One of the biggest failings of an organization is for the left hand to have no idea what the right hand is doing. With multiple departments carrying out various procedures, the process of rounding team members up and keeping them on task can be practically impossible.
PNMSoft Sequence solves the problem by including Social Collaboration, a feature that allows team members to keep in constant communication, whether sitting at their desks or on-the-go over mobile devices – it’s a great way to encourage the kind of collaboration that will boost your business’ efficiency!
3. No Expertise Required
Great news – PNMSoft Sequence should pose no challenge to anyone computer literate enough to interact with the Microsoft Suite!
Process modelers can develop the workflow structure on a digital canvas through a simple drag-and-drop method, allowing for rapid creation and editing.
That’s right – no programming skills are necessary. Simply model, build, and execute, all within a central end-user interface allowing for the management of hundreds, even thousands of employees with a single click.
4. Save On Labor Costs
Certain necessary tasks within the workflow chain can be excessively time consuming, demanding far too much attention from you and your employees. Fortunately, PNMSoft Sequence workflow software already has a track record of conquering these issues.
Let’s talk about an example of this with a PNMSoft client: AutoNation. With their old system, AutoNation found that it took months to cancel and refund their customers’ orders. But Sequence changed all that by transforming the grueling, labor-intensive process into a far more streamlined, automated system.
Since they began using Sequence, AutoNation reports savings of $500,000 on labor expenses, thanks to the centralized structuring of the innovative workflow software – how awesome is that?!
Pretty awesome, if you ask me.
Bottom Line: PNMSoft Sequence is the Workflow Software You Need
Your business exists today in an era of rapid development in productivity, so why not act like it? If you’re interested or would like to learn more, contact us today.
Read more on "5 Signs Your Business Could Benefit From Microsoft Forecaster" »
If you’re a finance executive or accounting professional, you probably shudder when you hear the words budgeting and planning. Ugh.
Why? Because those horrifying words force you to recall painfully long stretches of time attending to the rigorous task of designing a budget that adequately met each of the goals of your organization – an accomplishment rarely achieved with ease. Inaccuracies, errors, and limits of time were constant constraints.
Often, by the time the budget was approved, the plans within it were already obsolete… yikes!
But, as daunting a task as budgeting and planning may be, it has to be done. A business simply cannot flourish without proper budgeting and planning.
That’s where Microsoft Forecaster comes in. A powerful application designed specifically for budgeting and planning, Forecaster can relieve the agony of the budgeting process in a way only an intuitive software can.
Here are 5 signs your business could benefit from all that Microsoft Forecaster has to offer.
1. You Need to Plan Flexibly for the Future
Microsoft Forecaster allows your business to create a predictive budget based on valid data and precise assumptions about the future.
The input methods offered by Forecaster allow for customized reports and detailed calculations. The most important information for your budgeting and planning process is indicated through color highlighting and visual clues to explain their significance.
This means you can make more accurate predictions, and make changes where you see fit.
2. You Want a Familiar Program with Added Benefits
New users need not worry when using Microsoft Forecaster for the first time. Based on the functionality and structuring of Microsoft Office Excel, budget administrators can work in a familiar environment.
Microsoft Forecaster’s user interface has simplified navigation and carefully crafted, intuitive functionality that works in concert with Microsoft Excel itself, creating a friendly and accessible budgeting and planning process.
3. You Need More Security for Your Budget Plans
Microsoft Forecaster includes security features that will help safeguard critical, sensitive information.
Within Forecaster, you can create groups with users of varying responsibility and access. “Power users” have administrative control but can be limited so that no user has the ability to accidentally overwrite or undo work already completed.
For maintenance or security purposes, budget administrators can choose to lock all users out of the system if necessary.
But, because Microsoft Forecaster is built with Microsoft Windows authentication as well as its own authentication, you can use the same login information you use to sign into Windows. You know what that means… no more keeping track of a list of passwords and passing them around the office!
4. Your Business Needs Customized HR Planning
Because employee costs are some of the highest expenses in a company budget, you need a program that provides you with the customization necessary to account for all of your employees.
Microsoft Forecaster has advanced salary grade options that can link individual employees to specific salary and benefit settings, allowing you to eliminate errors in payroll.
You can plan ahead for salary increases and decreases across planning periods, and even manage workflow within Forecaster.
5. You Need a Complete Budgeting and Planning Package
Above all, your business needs a program it can rely on across the board. By providing a database-centric approach, allowing for auditing, workflow and human resource planning, data security, and predictive modeling for capital and revenue, Forecaster is that complete package.
Microsoft Forecaster will allow you to take control of your budgeting and planning by deploying data throughout your organization with precision and efficiency. You’ll always know where your budget is and where it will be in the future.
If you want to learn more about Microsoft Forecaster and other budgeting and planning solutions, our team is here to help. Contact us today!