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Improving Strategic Decision Making for Financial Managers with the Right Technology

Posted By Vision33, Friday, August 15, 2014

It’s been several years since the economic downturn hit the world market. At that time, concerned managers were faced with finding new ways to stay competitive during the trying times. Some consolidated their operations, some closed their businesses, while others sought new ways to stay competitive; turning to their financial managers for answers. Since cash flow is considered the lifeblood of an enterprise, it makes sense that financial managers were involved with strategic decision making. After all, financial managers have insight into a company’s operations like no other. Back then, it was the hope of senior managers that their controllers, financial analysts, and CFOs could help tighten negative cash flows.

During these trying times, the financial manager took on many non-traditional roles – strategy and crises management. While many companies have since returned to a level of business normalcy in recent years, many of the additional duties managed by financial managers have not. A recent survey of Fortune 1000 CFOs indicates that if anything, financial managers’ ambition is to continue their high level of involvement with strategic decision making.

With a new expectation for strategic engagement comes an increased need for the right technology to help access real-time information and business integration. It is no surprise then that SAP Business One has become the financial managers Enterprise resources planning (ERP) application of choice. With an increased propensity for technology and value it can provide businesses, the CFO has become technology evangelists – leveraging it to support their desire for more strategic engagement. Here are a few of the key areas where financial managers are finding value in the SAP Business One application:

Real-Time Reporting

SAP Business One provides financial managers with access to real-time business data that can be analyzed with advanced reporting capabilities of SAP Business One. Each report empowers the financial manager to delve into deeper level of analysis as needed to support decision making. Learn more.

Big Data Analytics

Another area that financial managers see value in adopting SAP Business one is big data Analytics. With SAP Business One now leveraging integrated in-memory analytics of SAP HANA large volumes of data can now be analyzed providing new data insights that can provide value across the entire business with live scenario planning for instance. Learn more.

The Cloud

Vision33 offers SAP Business One in the cloud through Amazon Web Services (AWS) which also supports the CFO’s ability to deliver value to their organization for a number of reasons: it offers a predictable cost structure, it enables scalability, and provides data accuracy – key for financial reporting. Learn more.

To find out how Vision33’s longstanding customer, Mark Weighall, CFO of IES Engineering, has leveraged the advanced technology provided by SAP Business One to support his employer’s business growth and further his career as a financial manager, download Vision33 Spotlight on Chief Financial Officer, Mark Weighall. 

Tags:  ERP System  Financial Managers  SAP Business One 

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Moving to the Cloud? Here’s 4 Reasons Why You Don’t Need To Go It Alone

Posted By Vision33, Friday, August 15, 2014

As more and more small to midsized enterprises (SMEs) explore the benefits of the cloud, many have already realized a fast, efficient, and cost effective deployment option for business software. But beyond offering an alternative to traditional on premise solutions, the cloud offers a strategic platform for innovation and a new engagement model for your customers, vendors, and other stakeholders. Indeed, companies that embrace the cloud, have the advantage of deploying their enterprise resource planning (ERP) solution via reliable web service providers like Amazon Web Services (AWS); giving them added freedom to experiment with new technologies that were once beyond their reach. With a more flexible technical infrastructure offered by the cloud, companies gain the ability to adapt to the demands of today’s ever changing market much more quickly.

Despite the shift to the cloud, SMEs nonetheless rely on implementation partners to help them navigate the implementation process. Indeed, moving to the cloud with the right partner can save your company time, money, and effort. Here’s how:

1)      Advanced Analytics

An experienced partner leverages the cloud’s analytic capabilities to provide you more insight into your business. Being able to access company data, dashboards, and reports from virtually anywhere gives you the information you need to provide additional value to your customers and remain agile in your market.

2)      Efficient Deployments

An ERP partner has more experience deploying your chosen solution than any in house IT employee does. By leveraging the cloud, your partner can ensure quick and effective deployments and upgrades of your ERP solution without being on premise. This allows you to enjoy the benefits of your solution faster and with fewer roadblocks.

3)      Reduced Time to Value

The cloud shortens the distance between the engineer and the end user. The right partner can help your company ensure that the employees who need access to your secure data can do so flexibly without being confined do their desk, allowing them to enter or access accurate information whenever they need to.

4)      Streamlined Business Operations

A dedicated partner knows how to unlock the full potential of using the cloud. Your partner will work with you to leverage the benefits of the cloud and reduce the complexity of your business processes. With the help of your partner, you can integrate disparate systems and consolidate your data into a single, user friendly platform.

The cloud allows companies to enjoy the benefits of an ERP solution that is both cost effective and scalable. With the right partner to guide them, companies unlock the full benefits of the cloud more quickly and efficiently. If you would like to receive more information about how moving to the cloud can benefit your company’s next ERP deployment, please contact us.

Tags:  cloud computing  ERP System  SAP Business One 

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Recognition Matters. Submit Your Nominations TODAY!

Posted By Erik Mitisek, CEO, Tuesday, July 8, 2014

Recognition Matters.  Submit Your Nominations TODAY!

 

It is our favorite time of year – the time of year we start the process to recognize the best of technology in Colorado.  Each year we get great nominations for our APEX Awards – and are always in search of the best ideas, leaders, projects and inspiring stories to lift the Colorado technology community to the next level.

 

But, nominations take time.  Effort.  And can be burdensome to get submitted.  We get it.  You are busy.  And with the best of intentions, sometimes our best nominees never make it into the process.  Well this year – we want to change that.  We want to help the Colorado technology accelerate and thought it would be great to share why this is so important. 

 

Why It Matters to Take the Time to Nominate for APEX Awards:

1)      Great work needs to be shared.  Every day in Colorado, within each of our companies we have rockstar employees, rockstar projects and rockstar ideas.  As ideas start to be shared – they take flight and can inspire others to achieve the same level of success.  But, it has to be shared.  Great things need to be shared with the community for all of us to celebrate, be inspired and amplify.  Share and prosper.

2)      We can learn a lot from leaders.  Normal people do extraordinary things, everyday.  They are called leaders.  Sharing the details of a successful project, the come from behind win, the great idea that accelerated the company, or the failure and recovery back to success – are the lessons within the community we cherish.  The chance to learn from those great moments – is fuel for us all to succeed.

3)      Colorado has talent!  Colorado is the state where the educated choose to live.  Let’s showcase the intellect, the breakthrough thinkers and inventors who are in our great state, defining industry.  Often those who are the most focused on their craft are the furthest from the spotlight.  Let’s take the time to seek them out – and celebrate their genius.

4)      Recognition breeds recognition.  Like breeds like.  Same with kindness and recognition.  If we look into the community to recognize the standout leaders – they will be the first to recognize the next generation of leaders within technology.  Let’s show them that we notice how great their work is – so they notice how great the work of others is.  Give, give.

5)      People build the tech community, not machines.  Although we are surrounded by the latest in technology, and as great as Watson is becoming, we still have not replaced the human emotion of gratitude and recognition.  Let’s celebrate the humans, the intellect and the real people behind the machines that are taking the state to the next level.

So this year, take the time to recognize someone, some company, some project or some achievement for all of us to celebrate.  Taking the time to submit your nominations improves the community and recognizes those who inspire us all.

 

It is the best 10 minutes you can spend.  Submit now.  And recognize those who deserve it most among us.

 

All the best,

Erik

Tags:  APEX  Tech Awards 

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XperienceSTEM Conference

Posted By Wendy Nkomo, Colorado Technology Association (CTA), Thursday, June 26, 2014
The XperienceSTEM conference allows educators to get direct 1st person experiences in STEM learning that are designed to be extraordinary, personally relevant, and operate on intellectual, physical, and emotional levels-- precisely what high quality STEM education looks like. It’shands-on, minds-on, inquiry based learning at its best.

At the conference, we will break down the nature and pedagogy ofthese experiences using a series of powerful yet simpleresearch-based tools that educators can apply in the classroom rightaway. These including tools for the design, improvement, andassessment of experiential STEM learning approaches as well asinformation about how to align experiential learning strategies withNGSS and Common Core. Plus, educators can get academic andcontinuing education credit for this conference.

The conference is small enough that educators have the opportunity toclosely interact with leaders and speakers, including the presidentof the LEGO Foundation, leaders from Discovery Education, REI, GoPro,IBM, Nat Geo, NPR's Story Corps, and yes, even Discovery Channel’s"SurvivorMan" Les Stroud.

But perhaps most significantly, educators will join a community oflike-minded professionals seeking to increase their expertise inproviding relevant, extraordinary, and personally powerful STEM
hands-on learning experiences that will inspire their students in measurable ways



 Attached Thumbnails:

Tags:  Ed  STEM 

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What to Do with Decommissioned IT Equipment

Posted By IT Liquidators.com, Monday, June 23, 2014

You've decommissioned your company’s unwanted IT equipment. Now what? The typical solution for many companies is to recycle the excess technology, but recycling is just one of the available options for decommissioned IT equipment. As a smart IT professional, your priority is to find the most efficient and cost-effective solution for your company. In this article, we’ll look at the three best ways to handle your excess technology.

Recycling Decommissioned IT Equipment

In the best case scenario, recycling your decommissioned IT equipment brings with it several benefits. First, it is an environmentally friendly solution for your unwanted technology. Second, depending upon the services provided by the recycling company, it can be an efficient solution. Many recycling companies offer free pick-up, and will transport your equipment to their facility to be recycled. With these services, recycling can be a fast and simple option for your IT asset disposition.

However, in the worst case, a recycler can prove to be a huge liability for your company. In the hands of an unethical recycler, the data on your technology is not safe. It is not uncommon for unscrupulous recyclers to illegally export your old IT equipment, with your exposed data, to ChinaGhana, or other overseas locations. In these countries, your equipment is disassembled in unregulated conditions, irreparably damaging the health of the local people and polluting the environment. No company wants to be connected to such activity. This is why, if your company does choose to recycle your old technology, you should partner with a certified recycler to ensure that your technology is ethically and responsibly recycled.

Ultimately, choosing to recycle your end of life technology is all about convenience. It is efficient, but as we will see later, it is not the most cost-effective option.

Donating Your Decommissioned IT Equipment

Another option for your decommissioned IT equipment is to donate the technology to a local charity or nonprofit organization. However, you cannot simply hand over your old technology to your favorite nonprofit; they may not have a use for it. To donate the equipment in a helpful way requires a little forethought. First, you’ll need to find a nonprofit organization that could make good use of the technology. Second, you’ll need to make sure that the old equipment is in working condition. If you give nonfunctional IT equipment to a nonprofit organization, it will only become a financial burden for them and waste their already limited resources. To make the most of your donation, it is best to test and refurbish the equipment before donating it.

This process takes work. If your company is looking for a more efficient way to donate your excess technology, it will be best to partner with a company or organization who can facilitate this kind of donation. Ultimately, donating your decommissioned IT equipment may not be the most efficient or cost-effective solution, but the social good produced by aiding the local community outweighs these considerations.

Partnering with an IT Asset Recovery Company

The most efficient and cost-effective solution for your decommissioned IT equipment is to partner with an IT asset recovery company. Many IT asset recovery companies offer the same convenience as a recycler – they will pick-up and transport your equipment off-site, free of charge. The key difference is that IT asset recovery companies specialize in getting you the highest return for the IT equipment that still has value. These companies will purchase your excess corporate technology from you. With the funds generated by this new revenue stream, you can decrease the total cost of ownership (TCO) of your technology, creating a more cost-effective decommissioning process for your company. This combines the efficiency and simplicity of a recycling service with the cost-benefits of a new revenue stream. By utilizing the services of an IT asset recovery company, you can redeem funds from your old technology, and implement a truly efficient and cost-effective strategy.

If you have decommissioned IT equipment, we can help. Partner with us, and we'll manage your IT asset disposition every step of the way, from pickup and transportation, to certified data destruction and ethical recycling. Get started with a free IT equipment valuation.

Tags:  Green IT  IT  technology  technology industry 

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The Census Bureau has released their 2013 population estimates!

Posted By Wendy Nkomo, Colorado Technology Association (CTA), Friday, June 6, 2014
The Census Bureau has released their 2013 population estimates! **
  • Colorado’s total population grew 1.52% to 5,268,367 between July 1, 2012 and July 1, 2013, ranking as the 4th fastest in annual percentage growth and 5th fastest in absolute growth in the nation. The United States as a whole grew .72% from 2012 to a total population of 316,128,839.
  • The Denver-Aurora-Lakewood Metropolitan Statistical Area (MSA) had a total population increase of 50,782, large enough to be the 11th fastest growing MSA in the nation for absolute change and 27th fastest by percentage increase. Greeley is the 13thfastest growing MSA by percentage growth in the nation.
  • Douglas County is the fastest growing county in Colorado by percentage change, up 2.47% (ranking 59th Nationally), while Denver County is the fastest growing in absolute terms, increasing 14,953 (ranking 32nd Nationally). Much of the growth in the State is located on the Front Range in these and other fast growing counties such as Arapahoe, El Paso, Adams, and Weld. Mountain counties, such as Mineral, Chaffee, Gilpin, and Summit all rank in the top 10 for percentage growth within the state.

** from our partners at the State Demographers Office @ the Department of Local Affairs

Tags:  Colorado 

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Involvement = Opportunities

Posted By Erik Mitisek, CEO, Tuesday, June 3, 2014
With summer upon us, now is a good time to think about ways to get more involved in organizations and engage in those you have not been involved with. Summer is a great time to reset. In speaking with members I often get the question, how can I get the most out of being a member of CTA?

My answer, find something of interest to you and get more involved.

With all the components of CTA – community, workforce, policy and economic development – there are many ways to get more involved in helping build a better Colorado technology community.

Why involvement?
Relationships matter. The members and community leaders you meet and get involved in programs with may lead to that next great idea or innovation, a new business deal, or your next career. The more you are involved, the higher the likelihood of opportunities coming your way.

Here are 5 easy ways to get involved in CTA:
1) Attend an Event: CTA hosts over 40 events per year. Find the events you like and attend. Better yet, attend an event that is outside of your area of expertise to expand your network.

2) Volunteer: Working alongside fellow community members to build the community is a great way to meet fellow members and give back. Added benefit - some of the best relationships and partnerships in CTA have come from our volunteers.

3) Support Tech Policy: Technology issues facing our elected officials have never been more complicated. With complication, there is opportunity. Work with and support the CTA advocacy team to build a better business climate for companies in Colorado.

4) Meet with the Staff: CTA staff love to meet with members, learn about your companies and most of all, about you. Feel free to reach out to any of the staff to spark up a discussion and talk tech!

5) Promote Tech Community Activity: Being an active community member on social media uncovers others who share your views, interests and engagement. Promote the Colorado tech community through your social channels and look for ways to connect with those who do the same.

We look forward to helping you get more involved in building the best tech hub between the Coasts. The more you are involved, the more opportunities will come your way – both personally and professionally.

Get involved. Get the best of CTA.

All the best,
Erik

Tags:  involvement  member benefit  public policy  volunteer 

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Tinkering Fundamentals: A Constructionist Approach to STEM Learning

Posted By Wendy Nkomo, Colorado Technology Association (CTA), Wednesday, May 28, 2014

Tinkering Fundamentals: A Constructionist Approach to STEM Learning

Tinkering activities provide a powerful way to inspire students' interest, engagement, and understanding in science. The Tinkering Fundamentals course will help educators and enthusiasts develop a practice of tinkering and making. This course will focus on key design elements of high-quality, science-rich tinkering activities, effective facilitation strategies and environmental organization.

Watch Intro Video

About the Course

The Tinkering Fundamentals course will offer educators and enthusiasts an opportunity to develop a practice of tinkering and making. We see tinkering as a serious endeavor -- one that is generalizable across content and especially good at interweaving disciplines in a way that leads to complex projects and individualized learning opportunities.

Tinkering has recently been introduced into the educational field as a potential driver of creativity, excitement, and innovation in science learning. It is seen by many as an effective means to engage in exploring STEM concepts, practices and phenomena. Tinkering typically blends the high and low tech tools of science along with a strong aesthetic dimension that supports children's (and adults) self expression. For over a decade, the Exploratorium has been developing science-rich tinkering activities. Working with learning scientists, we have identified a set of design principles and indicators of learning that can help you to integrate tinkering activities into your elementary and middle school science programs. This course will focus on key design elements of high quality science-rich tinkering activities, facilitation strategies, and environmental organization. Selected tinkering activities will be centered around circuits for this course. We will review the ways in which tinkering supports science learning through providing opportunities to deepen engagement, intentionality, innovation, collaboration, and understanding. This course will excite you, inspire you, and get you tinkering in no time.

Tags:  education  STEM  workforce 

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Check Out Computer Science Online

Posted By Wendy Nkomo, Colorado Technology Association (CTA), Wednesday, May 28, 2014
Computer Science Online is a self-funded and non-commercial organization that provides students and lifelong learners with educational, career and developmental information related to the world of computer science. Most recently, we launched a guide about the opportunities for women in the field of computer science. As you may know, women are greatly under-represented in CS, and we set out to produce a resource that helps address this issue and provides resources and tips for women interested in CS.

 

Here are a few notable resources:


- The Promotion of Women in Computer Science:
http://www.computerscienceonline.org/cs-programs-for-women/

- The learning of computer science and coding at a young age. See the "Coding before College" guide:
http://www.computerscienceonline.org/cs-programs-before-college/

- Discussion on the advantages of a master's degree in computer science:
http://www.computerscienceonline.org/degree-programs/masters/

- A field that is eager for diversity - a guide for minorities and computer science:
http://www.computerscienceonline.org/cs-programs-for-minorities/

Tags:  computer science  education  STEM  workforce 

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McCarran Airport Selects iweSocial for social media insights

Posted By Joel Streed, Zunesis, Wednesday, May 28, 2014

McCarran International Airport Selects iweSocial to Provide Social Media Listening, Analytics, and Reporting to Enhance Airport Experience

In-depth social media analytics and reporting from iweSocial allows McCarran International’s staff to better understand travelers’ experiences as they make their way through the airport.

McCarran Airport Terminal 3

McCarran International Airport Terminal 3

'It’s an innovative way of improving the overall customer experience,' states Dr. Evan Escobedo, Practice Principal at iweSocial.

Denver, CO (PRWEB) May 06, 2014

iweSocial, (a Division of Zunesis) and a top-tier provider of social media services based in Denver, Colorado, today announced that its Social Media Listening Command Center was selected by McCarran International Airport in Las Vegas to provide regular Social Insights reports. These comprehensive readouts, which are among iweSocial’s best-selling service options, consist of in-depth social media analytics that allow McCarran International’s staff to better understand travelers’ experiences as they make their way through the airport.

Through proven methodologies and best-in-industry social listening tools, the team at iweSocial is able to quantify and categorize social media conversation, which ultimately provides McCarran International with key insights necessary to develop new strategies regarding overall traveler experience. For example, conversation sentiment is identified and analyzed on concession quality, parking operations, housekeeping, and other various airport services. The data is then identified, assembled, and sent to the appropriate departments for action.

"It’s an innovative way of improving the overall customer experience,” states Dr. Evan Escobedo, Practice Principal at iweSocial. "Our Social Insights enable the team at McCarran to be completely aware of the online conversation surrounding their airport. By categorizing topics of conversation we can identify specific issue areas. Maybe a power outlet in Terminal 3 needs maintenance, or perhaps a restaurant within the airport is under-performing. The end result is an airport armed with better information can provide a better experience for travelers.”

McCarran International Airport also leverages Social Insights to identify positive feedback and top-performers. This ultimately allows the airport to recognize its staff and partners for their hard work and dedication. "Close to 115,000 passengers come through McCarran each day, and learning what travelers enjoy or do not like about our airport is the first step toward improved customer service,” said Rosemary A. Vassiliadis, director of aviation for Clark County, Nev. "Many of our customers share their opinions via social media channels, and we look forward to putting the information gathered by iweSocial to good use for the benefit of Las Vegas visitors and local airport users.”

iweSocial provides services to clients across all industries and verticals. Today’s leading organizations are getting ahead by leveraging iweSocial’s Insights packages to analyze data across the entire public web and turn that data into actionable intelligence to better understand customer sentiment, competitive standing, and brand reputation.

To learn more about iweSocial’s services, visit iweSocial.com.

Tags:  member  social media 

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