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Tag: Sage X3

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Tag Archive: Sage X3

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Using Sage X3 for Successful Customer Relationship Management

While most CRM packages were developed to interface with legacy business systems, Sage X3 CRM was designed from the start as a robust, fully integrated module within Sage X3. A Broad and Integrated Approach Sage X3 CRM allows salespeople and…

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Rebate Management: the “Secret” Ingredient for Driving Growth

Rebate programs are powerful tools for B2B companies in a broad swath of industries, particularly those where margins are tight and pricing strategies can make all the difference. When properly structured and implemented, they can establish market differentiators, create purchasing…

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How to Install and Manage Sage X3 Add-Ins in Microsoft Office

When you enable an add-in, it adds custom commands and new features to Microsoft Office programs that help increase your productivity. In this blog post, we’ll review how to install the Sage X3 Add-In for MS Excel and what to…

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The Potency of Sage X3 for Food Manufacturers

In food manufacturing, the concentration of an active ingredient is defined as its potency and is usually expressed as a percentage of a batch. For example, a product with an active ingredient that has a potency of 75% indicates that…

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How Your Company Can Tame the Tail Spend Beast

What Is Tail Spend? Is your company familiar with the concept of tail spend? Even if you’re not familiar with it, you have it. Simply put, “tail spend” refers to approximately 20% of non-core procurement transactions that are largely left…

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Rebates 101: What is Rebate Management?

The rationale behind them is simple: rebates help drive interest in a manufacturer’s products and, if handled properly, can build brand loyalty. However, most rebate programs are structured in such a way that can take months for rebates to be…

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Revenue Recognition in Sage X3 V12 for ASC 606 and Beyond

There are various accounting standards that provide guidelines on how to handle everyday accounting interactions. One in particular – accounting standard codification 606 (ASC 606) – specifies how companies should recognize revenue from contracts with customers and provides a standard…

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New Time-Saving Feature Added to Sage X3 V12: Multi-Company Period Opening (TRTPERMC)

As the beginning of the year approaches, do you dread opening periods for each and every company? Do you shy away from only opening one month at a time because of the effort involved? It can be quite tedious and…

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Key Ingredients for Efficient Recipe and Formula Management

If real estate is about “location, location, location,” recipe and formula management is all about “consistency, consistency, consistency.” As a food and beverage processor or distributor you know how critical it is to exercise precise control over recipes and formulas…

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Using the Sage X3 Product Configurator

The Sage X3 Product Configurator is an optional module within Sage X3 that guides users through a series of rule-based questions to produce the technical specifications of the product to be sold and/or produced. It can be used for several…

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