Cloud Based Business & Finance Management Solutions For Modern Enterprise

inspire1.jpg

Ahead In The Cloud

The Business Solution Partners Blog

NetSuite Enables Medical Device Manufacturers To Comply With Labeling Regulations

The primary objective of Medical Device labeling is to ensure that patients in need, and practitioners providing care, can access clear, accurate and understandable instructions for use. But medical device labels serve many other important purposes, and as such, are closely regulated by the FDA. Today, medical device manufacturers continually strain resources in pursuit of FDA Label Requirement compliance. They are feeling the pressure and taking a more comprehensive look at managing complex labeling needs.
Read More

TED Tuesdays: A Healthy Economy Should Be Designed To Thrive, Not Grow

on Nov 13, 2018 9:25:00 AM By | Business Solution Partners | 0 Comments | TED Tuesdays
"I am a renegade economist, dedicated to the rewriting economics so that it is fit for tackling the 21st century's grand challenge of meeting the needs of all people within the means of the planet" Oxford Economist Kate Raworth in this Ted Talk explains how we can move countries out of the whole, where people are falling short on life's essential, and create regenerative, distributive economies that work within the planet's ecological limits. 
Read More

Validating Your ERP: What is Required & Recommended For Medical Device Manufacturers?

Medical Device Manufacturers know... All processes associated with designing, manufacturing, packaging, labeling, storing, installing, or servicing a finished device intended for human use must be validated.
Read More

Software Publisher or SaaS Certified Partner: Who Should Your Company Turn To?

Just a decade ago, companies depended on packaged software with huge, intimidating, training manuals tucked away in boxes. The bigger the business, the more training manuals and software they’d have. While the business landscape has changed dramatically, companies still depend on software to get things done, only now you won’t find their storage space shelves filled with CD’s, manuals and data. With the advent of cloud, businesses are turning to Software as a Service (SaaS) to quench their software needs—to no longer have their operations rely on legacy systems, to have access to data anytime, anywhere, and most importantly, to enjoy financial savings.
Read More

Five Dangers That Bad Cash Forecasts Pose for CFOs

on Oct 25, 2018 11:33:00 AM By | Erik Bratt | 0 Comments | Kyriba Treasury Management
Proper cash management and forecasting is vital to any organization for a number of key reasons, including effective liquidity and risk management. Most treasurers understand the importance of timely and accurate cash forecasting -- even if they are not always able to get them -- but do their CFOs? Many senior financial executives accept cash management and forecasting provided by treasury at face value. However, here are five consequences of not being deeply engaged on ensuring accurate cash forecasts on a global basis for CFOs...
Read More

TED Tuesdays: How To Get Empowered, Not Overpowered, By AI

on Oct 23, 2018 8:03:00 AM By | Business Solution Partners | 0 Comments | TED Tuesdays
"The technology we're developing has the potential to help life flourish like never before, not just for centuries but for billions of years" - Max Tegmark Scientist and Author Max Tegmark argues in this Ted Talk that artificial intelligence (AI) has the power to change life for the better. Tegmark also argues, that as a society, we should take concrete steps to ensure that (AI) ends up being the best, rather than the worst thing to ever happen to humanity. Tegmark also debunks the myths of AI, and outlines both the truths and lies of artificial intelligence. 
Read More

What is the Role of Enterprise Resource Planning (ERP) in Quality Management Systems (QMS)?

on Oct 18, 2018 2:24:35 PM By | Business Solution Partners | 0 Comments | NetSuite Enterprise Resource Planning (ERP)
Companies in the Medical Device field rely heavily on the accuracy, consistency and transparency of the Quality Division. This vital department is not just responsible for regulatory compliance; the QA team must support the entire product lifecycle. From the acceptance of raw materials to the handling of returns - the Quality team is interwoven into every aspect of the medical device companies' organizational structure. So how does this vital team manage a monumental QA task load? 
Read More

Advantages of Cloud ERP vs. OnPrem Solutions for the Medical Device Industry

on Oct 11, 2018 3:28:00 PM By | Craig Cook | 0 Comments | Healthcare & Lifesciences Enterprise Resource Planning (ERP)
Aging populations around the world have underpinned the growth in the medical device industry in recent years. KPMG forecasts that this trend will continue with global annual sales rising from nearly $500 billion in 2020 to approximately $800 billion in 2030. This growth is occurring despite potential headwinds from strict regulatory requirements, governments trying to control health care costs and a rapidly changing competitive environment. Companies that don’t want to get stuck in the middle of the value chain or with a commoditized product, need to adopt technology, such as cloud-based enterprise resource planning (ERP) systems, that could give them an edge. Already there’s been a notable shift from building IT to consuming IT.
Read More