Christina Wild

The Benefits of Cost Accounting in Project Management

To be successful, business leaders need to have a good understanding of the total profits and losses for their organization. For even greater success, detailed visibility into profits and losses for every profit center, department and project within the business is critical. Thankfully, with cost accounting functionality in a modern Enterprise Resource Planning (ERP) system, …

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Construction Documents

Why Construction Businesses Need to Invest in a Digital Strategy for Growth

Like most industries, the events of 2020 took a toll on construction and engineering. Fortunately, businesses in these industries have been able to respond to the economic downturn faster than others due in large part to the preparedness of the industry as a whole. After the devastating impact of the 2008 recession, engineering and construction companies were set …

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NexTec Participates in the BDO Alliance USA’s Vendor Marketing Program

NexTec Group is excited to announce its recent inclusion in the BDO Alliance USA, a nationwide association of independently owned local and regional accounting, consulting and service firms with similar client service goals. As part of the Vendor Marketing Program, NexTec will now be providing its consulting services to clients and independent members of the …

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Discrete Manufacturing KPIs

KPIs for Your Discrete Manufacturing Business

Tracking manufacturing Key Performance Indicators (KPIs) allows companies to produce affordable goods without compromising quality. The discrete manufacturing industry is constantly changing to adhere to new product demands. To produce affordable goods while still remaining profitable, manufacturers must closely track metrics and KPIs to help them make faster, better decisions. This can be accomplished most …

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Overcoming Field Service Challenges with the Right Software

Overcoming Field Service Challenges with the Right Software

If you’re in the field service industry, you understand the challenges and inefficiencies that come along with conducting work outside the office. Between a lack of communication with field teams, no visibility into project costs and manual, time-consuming processes that create unnecessary mistakes, ensuring customer success and profitability can be tough. Fortunately, Enterprise Resource Planning …

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Sustainable Manufacturing

Sustainable Manufacturing and ERP Software

Manufacturers face increasing pressure to maintain sustainable business practices. To respond to evolving customer and public demands, manufacturers need business software solutions that help reduce costs and support sustainable manufacturing. With Enterprise Resource Planning (ERP) software, businesses can better manage recycling, inventory and transportation costs, compliance and operational efficiency. Here’s a closer look at how …

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InBios International Improves Inventory Management with Acumatica Cloud ERP

InBios International Improves Inventory Management with Acumatica Cloud ERP

InBios International (InBios) has been a leader in infection disease diagnostic research since 1998. It was first to market with a Zika diagnostic test and now, in the wake of the COVID-19 pandemic, the company has recently developed two tests that have received emergency use authorization from the FDA. In 2019, InBios worked with NexTec Group to implement …

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Balancing Simplicity with Detail for Better Budgeting

Balancing Simplicity with Detail for Better Budgeting

It’s an age-old dilemma: too little detail in budgeting can result in overlooked expenses and missed business opportunities, whereas too much detail can distract from an organization’s strategic business objectives and key growth drivers.  It’s an art and science to strike the right balance between simplicity and detail in a business budget. Budgeting tools like …

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How ERP Helps Field Service Businesses Gain a Competitive Edge

How ERP Helps Field Service Businesses Gain a Competitive Edge

Whether you’re managing installations, providing a service or performing repairs, good customer relationships are essential to any field service business. Having the right tools at your fingertips is crucial to managing processes, technology and field technicians to ensure that you are providing superior customer service while keeping costs down and helping your business remain profitable. …

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Five Ways ERP and CRM Help Manufacturers in Challenging Times

Five Ways ERP and CRM Help Manufacturers in Challenging Times

The COVID-19 pandemic has significantly impacted businesses across all industries, and manufacturing is no exception. A survey by the National Association of Manufacturers revealed that 78.3% of manufacturers anticipated a financial impact this year, even at the beginning of 2020. To survive it, manufacturers need to think of ways to streamline their businesses.  Here are five ways …

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