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The right finance to fit the situation: How manufacturing companies can adapt faster to change

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For manufacturers to adapt to change, they need to be able to innovate successfully and promptly.

Using new equipment, scaling up to larger factory facilities, and hiring enough personnel trained in the latest technologies can all help. To provide the means for factories to adapt to change, it’s sometimes necessary to take on borrowings to do so.

Here are several types of funding options available depending on what it’s required for. [Read more…] about The right finance to fit the situation: How manufacturing companies can adapt faster to change

Rootstock Software appoints two executives to foster and accelerate customer success with its Cloud ERP

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Rootstock Software, a leading provider of cloud Enterprise Resource Planning (ERP) solutions built on the Salesforce platform, has appointed two executives to continue bolstering customer success.

The appointments include Zach Feige to Vice President of Professional Services and Scott Johnson to Senior Vice President of Customer Operations. Both Feige and Johnson will report to CRO David Stephans.

Stephans says: “We’ve always had a strong customer-centric culture. [Read more…] about Rootstock Software appoints two executives to foster and accelerate customer success with its Cloud ERP

Sole Source Capital acquires Peak-Ryzex and Optical Phusion

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Sole Source Capital, an industrial-focused private equity firm, has acquired Peak-Ryzex from Keystone Capital and Optical Phusion from its founders, two leading providers of automatic identification, data capture and factory automation solutions.

The companies will be merged and led by Peak-Ryzex CEO Juliann Larimer, CFO Michele Adams and Optical Phusion president Tony Rivers. Terms of the transactions were not disclosed.

The combination will yield significant technological and operational synergies as well as deliver enhanced cross-selling opportunities to a broad set of clients ranging from small and medium sized businesses to Fortune 500 companies – all seeking supply-chain logistical support. [Read more…] about Sole Source Capital acquires Peak-Ryzex and Optical Phusion

Outbound Technologies acquired by Vinci Energies

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Mergers and acquisitions services provider NuVescor Group has successfully completed the sale of Outbound Technologies to Vinci Energies.

Outbound Technologies – an industrial controls company with headquarters in New Hudson, Michigan, and offices also in Indiana and Ohio – provides project management, controls integration and engineering services for clients in a wide variety of industries.

Vinci Energies is a global firm that focuses on connections, performance, energy efficiency and data to fast-track the rollout of new technologies and support two major changes: digital transformation and the energy transition. It has more than 80,000 employees in 56 countries. [Read more…] about Outbound Technologies acquired by Vinci Energies

Things to Consider When Starting Up an Online Business

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When starting up a business, it’s important to do everything you can right from the beginning.

Taking your time and establishing it properly, it’s going to improve its chances of success. With that being said, here are some things to consider when starting an online business. [Read more…] about Things to Consider When Starting Up an Online Business

How can businesses capture the value of their APIs?

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Applications Programming Interfaces (APIs) have evolved to become the connective components in almost all business operations.

They are helping businesses to cut operational costs and improve the efficiency of their transactions. In addition, they (businesses) are reaping big from data monetization, forging partnerships, and easily finding the path to growth and innovation.

This has been made possible by the use of APIs. [Read more…] about How can businesses capture the value of their APIs?

10 Ways to Make Sure Your Business is Ahead of the Curve

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When it comes to business, it’s often going to be the case that you want to be able to get ahead and find success. But how can you do that?

With so many other online businesses out there, how will you stand out?

You know that you want to get ahead of the curve and become a leader in the field – but how exactly can you do that? [Read more…] about 10 Ways to Make Sure Your Business is Ahead of the Curve

Here’s How to Avoid Chargebacks and What To Do If You Caught One

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Chargebacks are integrated into the banking system to protect customers from fraud, but they can cause problems to honest merchants too.

Cardholders don’t always know the full description of a chargeback. Usually, they remember that it’s a form of refund that lets them get the money back quickly without returning the purchased item.

Online store owners, who use merchant chargeback protection services, rarely face the problem, but they all came through it before the solution arrived. Below is a to-do guide that will help you protect yourself in the future. [Read more…] about Here’s How to Avoid Chargebacks and What To Do If You Caught One

Sensors and other telematics: How data collection informs good business decisions

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Telematics is wide in scope, but most commonly associated with the transport industry — an area of business that is forever looking to be more efficient and maximize the quality of service.

Information collected via telematics covers a lot of ground, whether we’re talking about sensors capturing a vehicle’s fuel usage, instrumentation outlining variables and diagnostic inputs, or even wireless communications facilitating the seamless transition of data.

In this article, we dissect the wide-ranging uses of telematics. [Read more…] about Sensors and other telematics: How data collection informs good business decisions

Using technology to boost business efficiency

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These are challenging times for small businesses, with everything moving online and teams needing to work remotely.

Operational efficiency is a top priority — but how can you maximize it? In the end, your biggest asset is technology.

The rising technological tide lifts all boats, of course, as is immediately obvious to anyone who’s followed the immense success of home theater equipment and gaming consoles. [Read more…] about Using technology to boost business efficiency