Playing like the big boys / Punching above your weight

The great thing about running a small business is that you can be lean, swift and make things happen. Being a small business owner provides the freedom to get stuff done. Larger companies often seem to be bogged down with processes and bureaucracy, and often the lack of speed and agility to react or change. This is why new companies can succeed in new or emerging markets where established rivals don’t.

But there is another side to the story. With the freedom and flexibility, small companies often lack any formalised systems (computerised or manual) and internal communication can be haphazard. When there are just a few people in a company,each person can keep all of their tasks and information in their head, and everyone can still have a good idea of what their colleagues are doing.

As the company grows, these informal ways of working start to get strained and fail to deliver. When one employee is out of the office, others might not be able to help a customer because no one else knows what is going on with that account. When one person used to handle a client from start to finish, the service was good and personal, but as more staff members handle different aspects of the customer or client interaction the need for internal communication grows. When communication is not good customer satisfaction drops.

We are all familiar with these growing pains. How many times have we been the dissatisfied customer told by a company that “they are a victim of their own success”? They are not a victim, they have simply failed to run their business properly as it expanded.

Big companies manage their data and processes across their organisation with big, integrated systems from providers like SAP, Oracle and Microsoft. These systems are referred to as “enterprise resource planning” software or ERP software. And this sort of software can cost tens of thousands or even hundreds of thousands of pounds. They are not only out of reach for smaller companies, they are the proverbial elephant gun to shoot a mouse.

Small, successful and growing businesses have the following dilemma: how to structure business process and share data within the organisation without losing the agility they have enjoyed in the early stages?

Over the last twenty years computers on each desk have helped but only up to a point. There are different programs to different things and these can help with individual tasks but they don’t really make the business function as a whole. One part of the business may be using spreadsheets to track information, the accounts department may have Sage or other accounts package, sales may have a contacts database like ACT!, but none of these programs share information easily with the others.

Although each department is now doing its own task a little better internal communication is bad, and there is a lot of duplication of effort (for example re-keying of contact details and order details from sales to accounts). Mistakes still occur and then rectifying them takes more time and can be costly in terms of lost customers or lost stock.

Enter Brightpearl

Brightpearl is an online business service that can be used by a company as small as a one man band and can scale to support a medium sized company with tens or hundreds of users. It helps bring all of the key business processes together so that they work in harmony.

Being an online business service means you can access Brightpearl from any web browser, anywhere there is an internet connection. You don’t need an IT department to set it up or keep it running.

With Brightpearl, all your business processes can be integrated seamlessly together in one service, meaning that each part of the business has access to exactly the same, always up-to-date information. Companies can use whichever of Brightpearl’s modules are suitable for their business, but typically, information about prospects and customers flows into the customer relationship management (CRM) module as sales or support staff use the system or from contact forms on the integrated website or ecommerce store module. Data then flows from the CRM and stock modules into the quotes and orders module. When quotes become orders the data flows into the accounts system which updates the stock module and can trigger action in the purchasing module. The integrated help desk module ensures good support and lets other parts of the organisation know when there are problems or other interactions with the customer. At every point everyone in the company with authorisation can see all of the information they need to deliver on your company’s promise.

Finally Brightpearl allows an SME to start and stay organised, with a service that aids their agility rather than hinders it and will serve the company for many years to come as it goes from success to success.

Integrated v Internal Business Suites

Ben Kepes at Diversity Limited was recently talking about whether online business services that contain modules for all business functions in one package are going to do better than solutions that integrate a number of “best of breed” applications into a sort of suite.

Obviously there are strong arguments for both approaches and ultimately this is not necessarily and “either or” situation as it is still possible to have an application which does a number of tasks well and integrates with other applications for specialised tasks.

There are lots of good SaaS applications out there to address all sorts of different needs including ecommerce, accounting, form handling, email marketing, support, customer relationship management (CRM), project management and so on. Developers can concentrate on these products and lavish them with every imaginable feature and function. So if your business consisted entirely of this one activity and you need all of the bells and whistles then these solutions are going to appeal.

On the other hand there is little point in having all of those extra features if your business really only needs the basic functionality. There may also be an overhead in integration in terms of reliability, switching between interfaces, timely sharing of data, multiple billing, multiple accounts to sign into and so on.

When other functions and modules are considered, the company has to decide if they want a single supplier solution or whether they need various specialised application that are integrated together.

All businesses are going to have certain needs such as accounts and CRM. And using a system that intimately binds these aspects of the business is going to give a clear advantage over companies where the left hand does not know what the right hand is doing.

To a business an all-in-one solution is very attractive. It saves them effort in terms of researching all of the various possible modules from different vendors, it does not require as much set up or custom development and there is a single company responsible for making sure it all works properly.

From the vendor side there are a number considerations. Integrating with an outside application may save the effort of developing the module, but integration still takes some work and there will be a loss of the revenue that would come from that function or module. There are technical considerations such as how much data can be shared, how and when that data is transferred and whether the applications can work well enough together to make it a viable solution.

Establishing links to other applications will mean having a relationship with the other application vendor, either passively or actively. The other application is going to have an independent upgrade cycle, it may not be around forever, it will change over time, its billing model may change. All of these factors have to be weighed into the equation when building links.

For the customer the ideal solution is an online service that handles most of the core internal functions that the business needs with tight integration between modules and selected links to best of breed external applications to serve needs that may not be applicable to all businesses. This works best where the external application has a large customer facing element (rather than being a purley internal function).

Buy choosing partner applications well the main service can make the integration as smooth and painless as possible to the customer and deliver superior functions both to the core function and the specialist application function.

For instance, MailChimp has been perfecting its email marketing services for years and if a company is going to be running email campaigns it is going to benefit greatly from using a good service. Not only is this sort of service client facing there is a clear bottleneck where contact data flows in and out of the core system but all of the mailing activity can happily reside on the MailChimp side of the link.

Another example is Eventbrite, which allows events to be organised and registrations to be made and paid for. This activity can tick over outside of the main system, and then at a certain times the contact data can flow back to the core system.

How to sell more online with GoogleBase and Pearl

Here’s how to set up your Pearl ecommerce webshop to maximise the FREE Googlebase product search, and track your results all the way back to your accounting.

How does it work?

Google can be set up to collect a product feed from your website automatically. Sign up at http://www.google.com/base/

Set up a Lead Source in Pearl

Visit Contacts : Marketing : Lead sources and create a new one for your Googlebase feed. This allows you to track incoming leads and clicks from other websites. Pearl will insert a Lead source ID into the Googlebase data, so you don’t need to set up a lead source domain. You can see from this screen shot how the sales and new leads (customers) are being tracked.

Set up a Googlebase lead source

Set up a Googlebase lead source

Configure your web settings

Pearl will produce a file for Google to collect. We’ll insert the lead source tracking ID into the product landing URL so that each customer and purchase is tagged with the “Googlebase” lead source. Visit Website: Setup and open the Googlebase tab.

Set up your Googlebase URL

Set up your Googlebase URL

Next, go back to your Google Merchant Center account and insert the feed URL.

Use the filename “gbase.txt”

Google Merchant Center

Google Merchant Center

Either upload the file manually, or create a schedule for Google to collect automatically:

Googlebase schedule

Googlebase schedule

Enter the URL from your Website:Setup page, it will be like http://www.mydomain.com/index.php?p=gbase

That’s it! Google will soon be listing your items in search results. See the two listings here for one of our clients, “Eco kitchens”:

Googlebase search results

Googlebase search results

Users are taken directly to the product landing page. A cookie is placed on the user’s computer, and if they go on to buy online then the contact and sale are both tied to the “googlebase” lead source you created.

Googlebase landing page

Googlebase landing page

Bingo! More sales and an easy way to get your items listed online. If you want to preview or edit a spreadsheet with all your products for manual upload to Googlebase, then you can find it in the Products area:

Googlebase export products to Excel

Googlebase export products to Excel

Pearl Wednesday Webinars and Bristol Workshops.

The Wednesday Webinar (starting on 5th August)

In response to popular demand, we are holding a 1 hour webinar every Wednesday at 11am GMT. The Wednesday Webinar is free and will include a brief talk by one of the Pearl team or a guest speaker, such as Doug Richard (Dragons Den), a short demo of Pearl and time for Q&A.

The Wednesday Webinar is your opportunity to find out how cloud computing can save your business time, money and give you at-a-glance access to key business information and put questions directly to the Pearl team.

All you need to do is sign up on the Pearl Events page, grab a coffee, sit back and watch. Easy.

Pearl event calendar

Pearl event calendar

Pearl Workshops

We are also running a series of Workshops in Bristol where you can meet the Pearl team in person and find out why Doug Richard ranked Pearl as the “best web-based software for growing businesses”.

The workshops will be run by the Directors of Pearl so it will be super interactive. We will show you how Pearl allows a business to run its entire operation from within one easy to use, cloud based application helping you speed up administration, making business more efficient.

The first two workshops will be in Bristol on 10th August. To sign up or find out more more information visit the Pearl Events page.

The workshop is designed for those who have been running businesses for some time and face specific problems with their IT systems such as the frustration of running a patchwork of isolated systems to manage finances, contacts, orders, projects, website, customer helpdesk, stock control and more. We will discuss the problems faced every day by business owners/managers and will demonstrate how Pearl replaces a patchwork of isolated systems with a single and easy to use cloud based application.

Doug Richard BBC Dragon joins board of Pearl

Doug Richard Joins Pearl

We’re delighted to announce that Doug Richard from Dragons Den has joined the board of Pearl!

Doug is a successful entrepreneur with over 20 years’ experience in the development and leadership of technology and software ventures, Doug featured in the first two TV series of Dragon’s Den. Pearl has set new standards in cloud software for SMEs so we are really chuffed to have Doug as part of the Pearl team at a time when the web-based software market is booming.

Doug Richard said: “One of the biggest challenges facing UK startups is trying to find integrated software that delivers CRM, accounting, e-commerce and everything else they need all in the same place. Companies should no longer be running on traditional desktop software. I looked at more than 30 different cloud software products and decided that the only one that fit the requirements was Pearl… it’s the only one that offers a complete web based package at a decent price.”

We’re also pleased to announce that Chris Chapman, an experienced CFO who has worked with Doug for many years, is also joining the board. Chris helped Doug with the assessment of the web-based software.

Chris says “As soon as I saw the Pearl product I immediately knew that they were setting the bar for others to aim for. In reality, nobody came close to providing the same breadth of offering that was priced very attractively and that addressed so many small business processes under one roof. The sheer power of Pearl made the decision easy for us.”

Recently added features

The eagle eyed amongst you all will have noticed a number of handy new features in your Pearl account. Here’s a summary of what’s new:

Contacts

The default credit limit and credit terms for new contacts is now defined by the settings in your main company contact. To edit this, visit Setup – Options – Defaults, and click the blue link.

Import all your contacts from Outlook with the import wizard. Outlook has some funny characteristics that has meant that we’ve had to put a lot of work into this feature – if your data throws up a hiccup, let us know. Always tag imported contacts so that you can identify them later!

You’ll have spotted that Groups are now Tags – expect to see the Tag concept rolled across the rest of Pearl in the near future. You can batch add and remove tags using the options in the left hand side of the CRM screen.

Batch email – to send an email out to a number of contacts, use the batch email feature in the left hand side of the CRM screen. This does use email credits, from 0.6 pence each. You can also use the more powerful email marketing features, which will soon have full stats and analysis in place.

Batch process for large numbers of contacts – gone is the threshold of 750 contacts … you can now choose to perform an action on a much larger group of contacts without having to display them all on screen first. There’s a handy little “display/perform” menu in the advanced search filter on the CRM screen

Sales and Invoicing

We’re pleased to say that the new PDF system that we put in place a few weeks ago is proving much better, and has resolved the issue of failing PDFs. All PDFs now go out with a “view online” link – which will introduce your customers to your web portal, which will mean that they (hopefully!) go to get information themselves rather than hassle you for re-prints, statements and so on.

If you want to give your customers the ability to pay their invoices online, you need to set up one of the following payment methods: PayPal, Protx (now SagePay), Secure Trading.

Credit card payment – you can take card payments from customers from within your Pearl account – visit the Setup – Payment screens in your admin area for a full walk through on setting up the Secure Trading console.

Accounting

Whilst entering quick invoices, you can quickly add a new customer or supplier without leaving the invoice entry screen – look for the link on the right hand side of the screen.

Any of your nominal codes can now be set as a “bank account” – change your settings in the Chart of accounts setup screens.

You can export your Chart of Accounts by using the Export Trial Balance, with “include zero balance” ticked. Handy if you are setting up multiple Pearl accounts and want each of them to have the same chart of accounts.

Lock accounts to one user – very handy for your accountant to lock the accounts for their exclusive access whilst you continue to enter transactions on a day to day basis. Have a look at the Accounts – Setup – Year end screen.

Products

You can now add up to 15 sub products in a bundle – it was just 6 before.

If you want, you can edit the value of stock in your stock table, using the Products – Stock – Stock report screen.