Did you know your SyteLine ERP system can be set-up to use Positive Pay and/or ACH transactions through your bank? Reduce fraud, speed up transaction times, lower costs! Contact us to find out more.
Price increases are an integral part of maintaining your bottom line. But if you are experiencing price competition, internal discounting could be overriding your price increase. VEITS Group’s Price Tracker solution allows you to see where your price increases are sticking and where they are falling short.
Interested in learning more? Click HERE.
The increasing costs of fuel and raw materials, supply shortages, inflation, and sales channel discounts are squeezing the bottom lines of many manufacturers. Adding a surcharge is one way of helping to offset these costs. However, SyteLine does not currently have a configuration to handle surcharges outside of precious commodities. VEITS Group has developed a customizable solution to enhance your SyteLine system to allow for surcharges that follow specific parameters. VEITS Group can set up surcharges by:
- Customer (exclude or include certain customers)
- Product
- For a Specific Time Period (surcharge goes into effect on a certain date)
- Shipped Goods (only charge for the portion that has shipped for partial shipments)
Contact us at VEITS Group to find out more!
See if your business is vulnerable to noncompliance with a risk assessment from our partner, Avalara.
The first step to avoiding noncompliance starts with identifying where your business has nexus, or where you need to collect and remit sales tax. But with ever-changing rules, the different types of nexus can be confusing, and harder still to comprehend what they mean for your business. Historically, nexus required having a physical presence in the state, such as a store or warehouse. Over time, states extended sales tax nexus to common business practices such as employing remote staff, attending trade shows, and using drop shippers or third-party fulfillment services. Under these new rules, it’s easy to exceed nexus thresholds in one or more states without even knowing it.
The Avalara Sales Tax Risk Assessment helps identify where you’ve triggered nexus so you can meet your U.S. sales tax obligations. Avalara provides a downloadable report assessing where your business has physical or economic nexus, along with other resources to help you stay compliant.
For a limited time, Avalara is offering you a risk assessment for $3,000* (usually costing $4,500 — a savings of $1,500!)
*Discount valid through March 31, 2022
According to Rueters, the U.S. manufacturing industry is facing a shortage of steel. Check out the article to find out more!
Check out the Association of Equipment Manufacturer’s article on 5 Manufacturing Trends to Watch in 2021.
https://www.aem.org/news/5-manufacturing-trends-to-watch-in-2021
According to the Institute for Supply Management (ISM), manufacturing activity accelerated in October. Check out the article for more!
https://www.cnbc.com/2020/11/02/ism-manufacturing-october-2020.html
Are your CSI (SyteLine) licenses always tied up? Check out VEITS Group’s License Timeout Solution to help free up idle licenses! Click here to ask for a brochure!
According to IndustryNet, the Manufacturing Industry hit a 21-Month high in August. To learn more, check out their article here! https://www.industrynet.com/blog/us-manufacturing-activity-expands-in-august
Check out Industry Week’s survey: The Coronavirus Crisis: What manufacturers are saying – and doing. See the survey results buff.ly/2yb8I9Q
