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The increasingly competitive landscape is putting intense pressure on manufacturers, who still rely on traditional processes and legacy systems.
Consequently, becoming more agile in their response to customer demands in a complex, ever-changing, global supply chain.To effectively embrace digital technology, it is critical for manufacturing organizations to understand the challenges they face along the digital transformation journey:#1 Outdated Processes: With everything connected digitally, it is challenging to rely on traditional paper-based processes and operate in silos; there is no longer a place for manual, time-consuming processes.
To be efficient and provide employees a flexible approach to work seamlessly, organizations (manufacturers) need a modern and agile digital solution that replaces outdated and error-prone paper-based processes and converts them to digital.
#2 Organizational Resistance to Change: Where does your organization sit on change?
Most employees are so entrenched in traditional processes of daily duties that, when the time comes to improve processes and incorporate new technology, they resist.
To achieve this, organizations should employ digital technology that provides exceptional efficiency within their existing legacy systems.
To create a record report in Quickbooks, log in to your account and click on the “File” menu.
Next, choose “Reports,” followed by “Balance Sheet.” You’ll then have the choice to customize the date range.
When creating a record of the Balance Sheet report in QuickBooks, the software will automatically use the present date by default.
