Lexi Wood

Avatar of Lexi Wood Lexi Wood is a staff writer who covers a variety of software and technology trends for Software Connect. She has a BA in creative writing from UW-Eau Claire. She has written marketing and technical content for web, radio, and print, specializing in business software since 2020. She once worked for Disney and hasn’t stopped talking about it since.

Order to Cash Process: Understanding O2C

Order to cash (O2C or OTC) is how your business deals with customer orders. Discover the steps of the OTC cycle to improve your operations.

Updated January 30th, 2023 • By Lexi Wood
On-Premises ERP Software vs. Cloud Solutions

Wondering how Cloud ERP is different from an on-premises solution? Find out the pros and cons of on-premises and cloud-based ERP software.

Updated January 30th, 2023 • By Lexi Wood
The Best Enterprise eCommerce Platforms

Businesses are usually defined by their size. There are small businesses, mid-market companies, and at the very top are enterprise-level corporations. There are several criteria to be considered an enterprise-level business.

Updated January 30th, 2023 • By Lexi Wood
The Best Warehouse Execution Systems (WES)

Warehouse execution systems (WES) are logistics software suites made for managing on-site product picking, distribution and storage.

Updated January 30th, 2023 • By Lexi Wood
The Best Multichannel eCommerce Software

Multichannel eCommerce software allows online stores to advertise their products and services over a variety of websites and social media outlets. This solution allows for ad coordination between channels like Amazon, Twitter, Google, and more.

Updated January 30th, 2023 • By Lexi Wood
The Best Capital Project Management Software

Capital project management software streamlines the long-term development and maintenance of large-scale capital assets through organizing operations and calculating costs.

Updated January 30th, 2023 • By Lexi Wood
The Best Shopping Cart Software

The virtual shopping cart forms a vital part of the eCommerce website shopping experience.

Updated January 30th, 2023 • By Lexi Wood
The Best Procurement Software for Small Businesses

Is your small business looking to automate procurement? Explore the 6 best procurement solutions for small businesses and learn about 5 free or low cost options.

Updated January 30th, 2023 • By Lexi Wood
The Best Global Trade Management Software

More businesses than ever are expanding into global enterprises. Thanks to the Internet, even small companies with a local footprint can now engage with international corporations.

Updated January 30th, 2023 • By Lexi Wood
Inventory Management vs. Warehouse Management: Which Do You Need?

Inventory and warehouse management systems have a lot of similarities. Yet it’s important to understand the key differences before implementing one at your business.

Updated January 30th, 2023 • By Lexi Wood
The Best Payroll Software for Accountants

Payroll software helps businesses with payroll processing tasks such as wage calculation, tax filing, and more.

Updated January 30th, 2023 • By Lexi Wood
Top 5 NetSuite Competitors in 2023

NetSuite ERP cloud-based software is one of the most deployed enterprise resource planning (ERP) solutions in the world.

Updated January 27th, 2023 • By Lexi Wood
Shopify vs. Wix: Which is Best for Your Online Store?

eCommerce sales are continuing to grow all around the globe. Building a high quality eCommerce store online is often a requirement for companies hoping to expand their sales in the modern age.

Updated January 27th, 2023 • By Lexi Wood
SAP vs. JD Edwards: ERP Software Comparison

SAP and JD Edwards both offer incredibly popular, Tier I enterprise resource planning (ERP) software, designed to help businesses with balancing financials, sales, supply chain management, human resources (HR), and more.

Updated January 27th, 2023 • By Lexi Wood
How New Technology is Rebuilding the Construction Industry

Construction technology is always advancing, with BIM and drone surveys making work faster than ever before. Discover all the ways new tech can enhance your work.

Updated January 27th, 2023 • By Lexi Wood
What is a PERT Chart? Program Evaluation and Review Technique Guide

An integral part of project management is establishing an accurate project timeline before any work begins. Otherwise, missed deadlines can quickly snowball and derail the entire project.

Updated January 27th, 2023 • By Lexi Wood
Appfolio vs. Propertyware

AppFolio and Propertyware are both popular property management software which are made to handle in-house accounting, schedule maintenance requests, facilitate unit inspections, automate tenant...

Updated January 27th, 2023 • By Lexi Wood
Top 5 Property Management Software Benefits

Real estate management can be incredibly lucrative, yet renting out commercial property or selling residential homes is difficult in the best of circumstances. How do you find the best tenants to fill vacancies?

Updated January 27th, 2023 • By Lexi Wood
6 Types of Project Management Methodologies and Which to Use

Finding the right project management method is crucial to modernizing your business processes. Explore agile, lean, and more styles to find the best fit.

Updated January 27th, 2023 • By Lexi Wood
The Best Tribal Government Software

Tribal software is designed to support tribal governments with financial management, enrollment of tribal members, land development, and more operations.

Updated January 27th, 2023 • By Lexi Wood
What are Flexible Manufacturing Systems and How Can You Use It?

Flexible manufacturing systems (FMS) are those designed to allow manufacturers the ability to make sudden changes to production plans. Learn how FMS modernizes manufacturing methods.

Updated January 27th, 2023 • By Lexi Wood
How Much Does ERP Cost?

Wondering if you can afford an ERP for your company? Use this ERP Pricing Guide to learn how much you can expect to pay for an ERP (and what you can save).

Updated January 27th, 2023 • By Lexi Wood
Quality Compliance vs. Management: How Compliance Leads to Quality

Quality compliance and management seem to go hand-in-hand. Yet how are they different? And which quality assurance system is best for your business?

Updated January 27th, 2023 • By Lexi Wood
The Best Spend Analysis Software

Spend analysis software reviews past purchases in order to find ways to save in the future. Sometimes referred to as spend management solutions, the software looks at the three fundamental parts of spending: Visibility, Analysis, and Process.

Updated January 27th, 2023 • By Lexi Wood
What is a CMMS? And How Does it Work?

Computerized maintenance management systems (CMMS) streamlines maintenance operations at all sorts of businesses. Improve your maintenance work with CMMS.

Updated January 27th, 2023 • By Lexi Wood
Work Order vs. Purchase Order: What’s the Difference?

Work orders and purchase orders both play an important role in business interactions. With a lot of different definitions, learn what makes these two types of orders separate.

Updated January 27th, 2023 • By Lexi Wood
The Best Mobile ERP Apps

Compare cloud-based ERP apps for mobile devices: NetSuite · Acumatica · Odoo · SAP Business One · Sage X3 · DELMIAWorks · Bitrix24 · SYSPRO · Microsoft Dynamics 365

Updated January 27th, 2023 • By Lexi Wood
The Best Learning Management Systems (LMS)

Learning management systems make it possible for corporate and educational facilities to provide classes, lessons, and training programs online. Learning management system (LMS) software allows for remote e-Learning for schools and businesses alike.

Updated January 27th, 2023 • By Lexi Wood
The Best Enterprise Risk Management Software

Enterprise risk management (ERM) is the identification and assessment of common and critical risks which could cause delays or cancellations of regular business processes. [[toc]] ## What is Enterprise Risk Management (ERM) Software?

Updated January 27th, 2023 • By Lexi Wood
The Best Project Accounting Software

Project accounting software offers many ways to optimize your financial reporting to increase your overall profitability. Find the right software for your business.

Updated January 27th, 2023 • By Lexi Wood
Fleet Telematics Explained

A vital part of fleet management, vehicle telematics provides a comprehensive overview of fleet performance using GPS tracking, dash cam recorders, and other sensors.

Updated January 27th, 2023 • By Lexi Wood
How to Make a Balance Sheet: Step-by-Step Guide

A balance sheet is a snapshot report detailing assets, liabilities, and shareholder equity. Calculate your balance sheet to review your company’s financial health.

Updated January 27th, 2023 • By Lexi Wood
The Best Data Analysis Tools

Data analysis tools are designed to assist companies with reviewing, visualizing, and modeling their important data in order to inform better decision-making.

Updated January 26th, 2023 • By Lexi Wood
The Best KPI Dashboard Software

Key performance indicators, usually shortened to KPI, measure the success of your business. KPIs can be customized based on your specific industry needs.

Updated January 26th, 2023 • By Lexi Wood
The Best Predictive Analytics Software

Predictive analytics is a way for businesses to reduce risk and prepare for the future. It is, essentially, a decision-making tool.

Updated January 26th, 2023 • By Lexi Wood
Intro to Lawson ERP Software | History, Acquisition, Alternatives

Lawson Software, started in 1975 before being acquired by Infor Global Solutions in 2011, offered one of the largest enterprise resource planning (ERP), general ledger, and human capital management (HCM) solutions after SAP and Oracle.

Updated January 26th, 2023 • By Lexi Wood
Cloud vs. On-Premise: What’s the Difference?

When you're searching for software, you've probably encountered terms like "SaaS", "cloud-based", "hybrid", and "on prem" before. Wondering what makes them different? And more importantly, trying to figure out which one would benefit your company?

Updated January 26th, 2023 • By Lexi Wood
Warehouse Automation Systems | Benefits and Best Practices

Warehouse automation is the growing process of replacing human workers in the supply chain with robots, vehicles, and other automated technology systems.

Updated January 25th, 2023 • By Lexi Wood
Appfolio vs. Buildium - Property Management Software Comparison

Appfolio and Buildium are both online property management systems designed to assist property managers, landlords, and real estate owners with accounting, maintenance requests, inspections, tenant communication, and reporting processes.

Updated January 25th, 2023 • By Lexi Wood
Commercial and Residential Property Management Trends of 2023

Property management is an incredibly high growth industry. Yet there are a lot of potential pitfalls facing real estate managers. From collecting rent to securing new tenants, there's always work to do in property management.

Updated January 25th, 2023 • By Lexi Wood
Shopify vs. Squarespace

More and more businesses are expanding their sales to the online marketplace. Two incredibly popular website builders available are Shopify and Squarespace. Each can be used to build easy-to-use, customizable eCommerce sites.

Updated January 25th, 2023 • By Lexi Wood
EHR vs. EMR: What are the Differences?

The healthcare industry relies on using electronic data to streamline and improve medical services now more than ever.

Updated January 25th, 2023 • By Lexi Wood
RFID Asset Tracking: How Radio Frequency ID Transforms Business

RFID asset tracking uses radio signals between tags and readers to track the physical location and condition of items, from retail products to medical equipment.

Updated January 25th, 2023 • By Lexi Wood
Purchase Orders vs. Invoices: Key Differences and Similarities

Wondering what the difference is between purchase orders and invoices in the procurement process? Learn the key distinctions (and similarities!) now.

Updated January 25th, 2023 • By Lexi Wood
Is QuickBooks for Nonprofits? An Accounting Software FAQ for NPOs

Intuit QuickBooks is a popular accounting software for automating business processes at a low cost. Yet is it right (and affordable) for your NPO?

Updated January 24th, 2023 • By Lexi Wood
What is Field Service Management: Understanding FSM

Field services refers to work performed “in the field”, such as a residential or commercial location. The management of these tasks ensures remote technicians have support.

Updated January 24th, 2023 • By Lexi Wood
Preventive vs. Predictive Maintenance: What's the Difference?

Preventive and predictive maintenance methods have a lot of overlap, yet it’s important to understand the difference before you implement either at your business.

Updated January 24th, 2023 • By Lexi Wood
What is Cycle Counting?

Cycle counting methods are one way to improve your inventory and warehouse management by taking audits of small samples rather than full physical inventory.

Updated January 24th, 2023 • By Lexi Wood
The Best Pharmaceutical Distribution Software

Compare the best pharmaceutical distribution software, including Blue Link ERP, GoFrugal, and Acctivate, for traceability, inventory control, and compliance tools.

Updated January 24th, 2023 • By Lexi Wood
What is Procurement? The Procurement Process Explained

Wondering how the procurement process works? Learn the 4 stages and key steps for optimizing your sourcing and purchasing process to improve your business.

Updated January 24th, 2023 • By Lexi Wood