1. Key Strengths of Sage X3 Flashcards

(32 cards)

1
Q
  1. Key Strengths of Sage X3
A

Let’s look at the Key Strength of Sage X3.
Since 1999, Sage X3 has continued to expand its Global footprint with over:
- 6000 Customers
- 80 Countries
- 620,000 Users,
- 16 Legislation packs for the following countries:
Angola, Austria, Australia, New Zealand, Belgium, Brazil, Canada,
France, Germany, Poland, Portugal,
Saudi Arabia, South Africa, Spain,
Switzerland, United Arab Emirates,
United Kingdom and the United States.
There are more Legislation packs that are available from partners:
Algeria, Argentina, Bahrain, Botswana, China, Czech Republic, DRC, Egypt, Ethiopia, Ghana, Hungary, India, Italy, Iraq, Jordan, KSA, Kenya, Kuwait, Lesotho, Malawi, Malaysia, Mauritius, Morocco, Mozambique, Namibia, Netherlands, Nigeria, Oman, Qatar, Republic of South Sudan, Romania, Singapore, Somalia, Slovakia, Swaziland, Sweden, Tanzania, Thailand, Tunisia, Turkey, UAE, Uganda, Zambia and Zimbabwe.

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2
Q

Sage X3 by Numbers

A

Sage Business Cloud X3 provides faster, more intuitive and tailored business management solutions than conventional ERP for organizations looking to retain their competitive advantage by increasing their agility and embracing change.

620,000 EndUsers Worldwide,
6,000 Customers,
1,300 Certified Consultants,
480 Partners Worldwide,
80 Countries,
50 ISV Partners,
18 Industry Verticals supported
16 Legislation Packs.

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3
Q

Sage X3 Vision and Value

A

Vision: Sage X3 helps product-centric businesses to thrive and stay competitive in the face of growing complexity by transforming how they manage processes, operations and people globally.

Value: Sage X3 provides faster, more intuitive and tailored business management solutions than conventional ERP for organizations looking to thrive and retain their competitive advantage by increasing their agility and embracing change at speed.
Tailored - Intuitive - Faster!

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4
Q

Sage X3 help product-centric businesses embrace change

A
  • Thrive and retain your competitive advantage. Manage your business with a solution that is faster and more intuitive than Enterprise Resource Planning Software.
  • Choose the deployment and commercial solutions that fit your business needs.
  • Tailor behavior, user experiences and automate business processes and operations.
  • Drive improved customer experiences and reduce costs through continuous improvement processes.
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5
Q

Sage X3 Customers can react more quickly to their changing customer demands while maintaining control

A

With Sage X3, Customers can:
- Achieve faster response time.
- Maintain one system of record.
- Maintain local compliance
- Streamline international transactions.
- Automate tax declarative processes.

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6
Q

Customers can enable their teams to work smarter and more efficiently with a Modular and flexible system that will grow.

A

With Sage X3, Customers can:
- Configure their solution to support their Industry-specific processes.
- Create personalized user experiences for their teams.
- Build a custom solution by accessing speciality applications.
- Choose to run their Solution in the Cloud.

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7
Q

Customers can stay Competitive in the face of growing complexity using an end-to-end solution to manage their operations and people.

A

With Sage X3, Customers can:
- Streamline core processes.
- Reduce business complexity
- Drive continous improvements with Quality management.
- Improve Cost management.
- Quickly adapt procedures to changing regulations.
- Stay productive from anywhere with intuitive mobile applications.

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8
Q

Customers can increase their customer satisfaction and remove administrative burden with faster, more flexible and more efficient processes powered by data.

A

With Sage X3 customers can:
- Generate insight with data
- Give their teams personalized information
- Create customizable scoreboards.
- Distribute consistent reports across their organization.
- Stay compliant with their local data regulations.

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9
Q

Target Market and Industry Overview

A

Sage X3 Targets Customers with:
- 200 to 5000 Employees
- 35million pounds or 44million USD Revenues.

Sage X3 Works perfectly well for 5 distinct primary business Industries or Sectors:
- Discrete Manufacturing,
- Process Manufacturing,
- Distribution,
- Business Services, and
- Agriculture.

Sage X3 Core strengths is in Discrete and Process Manufacturing with over 60 to 63% of customers in that Sector, followed by Distribution with 20% of our customers.

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10
Q

FITs a Customer’s industry

A

No matter what the industry, Sage X3 is a fit for a businesses’ multi-legislation and multi-country, multi-site, multi-currency, and multi-language needs, helping businesses stay compliant with all legislation requirements.

Businesses can pre-configure their industry specific conditions, legal settings and pre-set languages, multiple currencies and location in the system.

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11
Q

The Sage X3 Customer Profile:
Business Characteristics

A

Business characteristics of a product-centric business may include:
- Has Revenues of above 35million pounds or 44million USD.
- Has a high degree of Industry-Specific business processes
- Uses technology for a strategic or competitive advantage.
Has fast growing processes (may be experiencing Acquisitions, new branches, etc.
- Has local, national, and global presence requires scalability.
- Operates in high growth industries like: Manufacturing, Distribution, Business Services, and Construction
- Has complex business requirements, (Internal and External procedures)
- Needs multi-company, multi language, or multi-site organization with expansion into new countries.
- Requires insightful, in-depths reporting across enterprise operations for better decision making .
- Requires integrated solutions such as tax, document management and e-commerce.
- May have regulatory compliance requirements.

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12
Q

The Sage X3 Customer Profile:
Technology Characteristics

A

Technology Characteristics of a product-centric business may include:
- Needs to unify technologies across the company.
- Desires flexible implementation options (public cloud, private cloud, on-premises)
- Requires customisation for industry-specific work flows.
- Needs a scalable and customisable solution.
- Wants to leverage all the benefits of the cloud to more efficiently manage the business.
- Needs digital transformation of business processes
- Places a premium on data security.
- Has legacy systems that no longer support the business
- Uses old software and have not upgraded systems in 5 to 10 years.

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13
Q

Financial Characteristics

A

Financial Characteristics of a product-centric business may include:
- A system which supports high transaction volumes
- A need to drive real-time management of business data.
- Requires support for sustained growth with minimal interruption to business
- Needs deep, insightful business intelligence
- Operate in multiple currencies
- Needs comprehensive, inter-company functionality
- Is a maturing business with more than 5 to 10 years in their market
- Multi-country operations require new payment and or reporting methods.

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14
Q

Sage X3 Solution Overview:
Financial Management

A
  • Budgets & Accounting
  • Fixed Assets
  • Financial Reporting
  • Dashboards

Financial Management capabilities of Sage X3 automates the business’ Accounting and financial processes from Jounal entries to Invoicing, accounts payable, accounts Receivable and Procurement.
It reduces the complexity of managing multiple sites, business units and product lines with multidimensional functionality.
It helps business to stay compliant.
It manages fixed Assets.
It gives businesses personalized information with access to live dashboards customized for specific business roles to manage performance and alert them to abnormalities within the business.

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15
Q

Sage X3 Solution Overview:
Supply Chain Management

A
  • Purchasing
  • Inventory and Warehousing
  • Sales
  • Customer Service

The Supply chain management capabilities of Sage X3 enables faster production cycles and response times while efficiently managing the Supply chain.
Businesses will maintain optimum stock levels and deliver on customer commitments by easily identifying dependencies between work orders and material availability.
Businesses effectively manage logistics, control warehouses and track key information.
They will run best in class operations with continuous improvements programs.

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16
Q

Sage X3 Solution Overview:
Production Management

A
  • BOM and Production Planning
  • Shop floor control
  • Quality Control
  • Non conformance

The Production Management capabilities of Sage X3 automates the business’ Production processes and help the business to respond faster to customer demands, improving predictability across the manufacturing process.
Sage X3 customers maintain agile Production cycles with advanced Biil of Materials management, Production Planning and Shop floor control, resulting in reduced costs, improved customer experiences and driving Quality and performance improvements with Non compliance and Non conformance management.

17
Q

Sage X3 Solution Overview:
Project Management

A
  • Project Definition
  • Project Execution
  • Time Sheets
  • Financial Tracking

The Project Management capabilities of Sage X3 ensures the business knows the actual or why of their initiatives in projects.
It helps businesses to respond faster to customer inquiries and optimize profitability with accurate Project costing and pricing.
Businesses can improve costs Management and gain better control of Project profitability.
This solution includes defining and maintaining Project schedules forecast costs managing times sheets and track Financials.
It ensures accurate tracking of all tasks and dependencies to optimize profitability and keep projects on schedule.
Businesses can consolidate multiple projects and snapshots any financial comparisons as well as report on KPIs such as sales margins, budgets and commitments.

18
Q

Sage X3 Solution Overview:
Human Resource Management

A
  • Personnel Administration
  • Time Management
  • Payroll and Expense Management

The Human Resource Management capabilities of Sage X3 is focused on Sage’s Human Resources and Payroll which is localized in 26 different countries.
Most of these are in Africa, the Middle East and Southern Europe.
So this course will now specifically focus on the capabilities associated with that area of the solution.

19
Q

Sage Business Cloud Sage X3
Supports Compliance requirements in 80 Countries as follows:

A

Sage X3 is now used in over 80 Countries around the world and support both global and regional compliance requirements.
Here are examples of how we help customers to meet their local and regional compliance requirements.
Click the dots to reveal some of the capabilities Sage X3 delivers to support that particular region’s compliance requirements:

  • North America: ACH Format, Reports improvements.
  • Portugal: SAF-T improvements
  • United Kingdom: VAT box management for UK VAT declaration, Payment practices reporting.
  • France: Tax on Company Cars,
    Ability to create invoices in non-closed previous month,
    Payment practices reporting.
  • Switzerland: ISO 20022 bank file,
    VAT updates 2018.
  • Poland: Bank and Cash register in the core, Split payments.
  • Germany: DATEV export improvements, VAT updates 2018,
    GoBD export modifications.
  • GDPR (28 EU Countries):
    The General Data Protection Regulation (GDPR) standardizes data protection law across all 28 EU countries and imposes strict new rules on controlling and processing Personally Identifiable Information (PII).
  • Australia: BAS and GST Reporting.
20
Q

Responsive User Experience

A

Sage X3 provides all users with a responsive user experience regardless of where they are working or what devices or browser they are using.
This is a true device egnostic and browser egnostic user experience.
The page layout adapt automatically to the size of the screen, from mobile to a desktop taking in account the size of the fields and the corresponding titles to get the best use of the available space and works all the pages including classic pages.
A simple page and screen designer that replaces the previous authoring node adapts to the fit of the organization.
This ensures this mobile application framework written in HTMI file and Java script supports mobile applications that are optimized for touch screens and small screens.
The Sage X3 mobile platform supports multiple devices and operating systems including Smart Phones and Tablets, Windows, Android and Apple IOS.
Click on the circles to find out more:

  • Streamline all workflows and accelerate the management of business functions from Procurement to manufacturing, inventory, sales, customer service and Financials.
  • Access dashboards personalized for each role to monitor performance and get alerted of anomalies affecting your business in real time.
  • Analyse the business with customisable scoreboards for each role and navigate up and down the Audit trail to manage risks.
  • Access data and process inquiries right from your IOS, Windows or Android devices.
21
Q

Microsoft Integration

A

Sage X3 includes a suite of Microsoft office add ins for PowerPoint, Excel and Word.
The simple price of sharing of documents, these add ins provides live links between Microsoft Office documents and Sage X3 data including Excel tables, PowerPoint tables and charts.
The links are saved as part of all Microsoft office documents that can then be circulated reopened and refreshed as necessary.
The add ins are available from Microsoft Office 2010, 2013, 2016 for PC.
They are also available from 365, when installed on a PC.

22
Q

Sage Business Cloud Sage X3 Vision and Value Question.

Sage Business Cloud X3 provides a ……….,more………Business management solutions than conventional ERPs for organizations looking to thrive and retain their . …. by increasing their agility and embracing……………

Fill in the Gaps.

A

Sage Business Cloud X3 provides a faster, more intuitive and tailored Business management solutions than conventional ERPs for organizations looking to thrive and retain their competitive advantage by increasing their agility and embracing change at speed.

23
Q

Knowledge Check
Matching Descriptions with numbers:
Number of Sage X3 Customers
Numbers of Business Partners Worldwide
Number of Industry Verticals
Number of Certified Consultants
Number of end-users Worldwide
Number of countries used in.

A

Number of Sage X3 Customers - 6000.

Numbers of Business Partners Worldwide - 480.

Number of Industry Verticals - 18.

Number of Certified Consultants - 1,300.

Number of end-users Worldwide - 620,000.

Number of countries used in. - 80.

24
Q

Knowledge Check

Sage X3 provides add-inns that integrate with which of the following Microsoft applications?
Select all that apply.

A

PowerPoint
Word
Excel

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Challenges Businesses face as they grow:
In this lesson, let us understand the challenges that clients face as they grow.
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Challenges faced by Clients as they grow: Agility and Scalability.
Agility: - May Lack Agility. Mid sized companies often lacks Agility to compete against smaller more responsive businesses. Scalability: - May not benefit from scale, lower marginal costs. - May not provide personal service. - May not have brand recognition - May not get the tax breaks of small businesses. - May not benefit from loopholes. - More regulated. - May not have numerous advisors. - May hinder growth and expansion. At the same time they may not benefit from the scale, lower marginal costs and capital like larger competitors. They may not provide the tailored personal service a small business can deliver. And they may not have brand recognition of a large company. They may not get the tax breaks as small businesses are getting. And they may not benefit from loopholes that corporations can take. They are more regulated than small businesses. And they may not have numerous advisors to help them navigate through regulations. These challenges may hinder mid sized companies to grow and expand. Sage has conducted an internal survey amongst existing clients to understand what these challenges are.
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Challenges - As per the survey that was conducted by Sage in US and UK:
Survey of 301 executives in the US and UK-based companies with 100 to 2000 employees, commissioned by Sage. The Most important factors contributing to our company's growth: #1. The cost and agility of our information system (41%) #2. The speed of our internal processes (39%). #3. Access to analytics and ease of managing business across multiple locations (35%). 1% Executives considering this factor as extremely important to the company growth. The least Satisfactory attributes of our information system: #1. The cost of our system management and maintenance (2.9). #2. The ability to scale without complexity. (2.8) #3. The ease of management of our IT System. 2) Least Satisfactory attributes on a scale of 1(satisfied) to 5 (extremely dissatisfied) out of 21 attributes tested.
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Challenges to be addressed:
Sage X3 addresses specific challenges common to product-centric businesses who are looking to grow their operations while keeping overhead costs low. Sage X3 is designed to solve these market problems to compete in the global economy. Click each circle to reveal more: 1) Efficiencies: Inefficiencies are spreading and undermine our profits and growth potential. - To reduce Inefficiencies Sage X3 integrates more of the financial and business processes into a one cohesive system and database. This eliminates redundancy and its easy to manage. 2) Slowness and Complexity: Our processes have become complex and are slowing us down, we have lost our agility and responsiveness. To improve up on slow and complex internal processes, Sage X3 accelerates all business work flows and enables more users to collaborate with their departments in real time. 3) Poor Integration and Insight: Our management tools are poorly integrated and we lack Insight into out operations. To increase Insight across operations, Sage X3 gives everyone in the organization access to the data when and where they need it. This provides everyone the ability to make informed decisions. 4) Implementation Cost and Difficulty: Business management systems implementations are too long and difficult to complete. They are also too costly. Sage X3 aims to eliminate implementation difficulty and high costs usually associated with typical business management solution systems.
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Let's View Case Studies: How Sage solved the clients' problems.
Let's take a look at 3 case studies. Click each logo to reveal each customer's unique business challenge and how Sage X3 solved their business problems. Take note of each customer's business requirements and how Sage X3 help solve their issues. Gap Personnel Group: - Empowering people. - Aligning the business. - Boosting success. The other system did not allow the huge transactions to be captured into the system. Used to dealing with queries manually. 2) Lykki.com: Scaling with the right technology. Sage handles inventory and all the processes well. Be Sage. Build on. 3) Jupiter Group: Cultivating a team. Growth through accuracy. Run multiple companies on the same system.
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Knowledge Check: GAP, Lykki, and Jupiter Group. Matching. Matched them as follows:
Gap: - Current system did not support a significant increase in transactions. - Unable to get the data needed to make the right business decisions. Lykki.com: - Figuring out a way to use just in time inventory to deliver on their mission of having one order, one delivery, and one invoice all on one truck. Jupiter Group: - Need to run multiple companies off the same system. - Everything they do can be controlled from a central office, with accuracy.
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Knowledge Check: Matching as follows.
1) Sage X3 integrates more financial and business processes into one cohesive system and database. Matched with: - reduce Inefficiencies and cost. 2) Sage X3 accelerates all business workflows and enables more users to collaborate with their departments in real time. Matched with: - Improve on slow and complex internal processes. 3) Sage X3 gives everyone in the organization access to data, when and where they need it: Matched with: - Increase insight across business. Make informed decisions.
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Knowledge Check Choose the solutions that Sage X3 offers.
Provides real-time and accurate information. Provides visibility to production. Support to clients' existing models Rapid Implementation.