SBS Group Named One of Consulting Magazine’s Fastest Growing Firms of 2017

Leading Provider of Microsoft Cloud-based Business Solutions was named No. 55 on the List

SBS Group, a leading technology firm and industry innovator, was selected by ALM’s Consulting Magazine as one of the fastest growing firms in the consulting industry. At a gala awards dinner at New York’s Yale Club on Thursday, November 2nd, SBS Group was named as the No. 55 Fastest Growing Firm.

“To be honored as a Fastest Growing Firm by Consulting Magazine is a great testament to our commitment to evolve as a business,” remarked James Bowman, President and CEO of SBS Group. “The continued market growth of Microsoft’s cloud solutions, especially Dynamics 365, has afforded us a tremendous opportunity to grow our organization by delivering innovative, cloud-based business management solutions in an increasing number of markets.”

This year, 75 firms qualified for the ranking, which requires a minimum growth rate of 20 percent to be eligible. The Fastest Growing Firms will also be featured on http://www.consultingmag.com, as well as in the November issue of Consulting Magazine.

“With mind-numbing growth, there’s absolutely no doubt these 75 consulting firms are disrupting the industry from the bottom up—they are the profession’s Fastest Growing Firms for 2107,” said Joseph Kornik, Publisher & Editor-in-Chief of Consulting magazine. “Consulting’s Fastest Growing Firms recognition and award is aimed squarely at these up-and-coming firms that all too often fly below the radar because they’re not the biggest or the best-known firms. We want to bring these fast-growing firms to the forefront since they are the future of the consulting industry.”

About SBS Group
SBS Group is a Microsoft Master VAR and Indirect Cloud Solutions Provider (CSP) specializing in Microsoft Dynamics solutions and services for companies of all sizes. With more than 3,000 active customers served by over 300 employees across 40 locations in North America, SBS Group is a recognized leader in cloud ERP, CRM, productivity and business intelligence solutions. We simplify the cloud experience and help our customers realize business value faster with SBS Group AXIO solutions for Dynamics 365 and our streamlined RightPath approach. SBS Group is headquartered in Edison, NJ and has been a recognized leader in Microsoft business solutions for over 30 years. http://www.sbsgroupusa.com

About Consulting Magazine
Consulting® magazine is the flagship publication of the consulting profession featuring the latest information on consulting careers, thought leadership and corporate strategies. In addition to providing industry insights, Consulting® hosts award dinners as part of our Achievement Awards series – honoring Women Leaders in Consulting, The Top 25 Consultants, Social & Community Investment and Rising Stars of the Profession.

About ALM
ALM, an information and intelligence company, provides customers with critical news, data, analysis, marketing solutions and events to successfully manage the business of business.
Customers use ALM solutions to discover new ideas and approaches for solving business challenges, connect to the right professionals and peers creating relationships that move business forward, and compete to win through access to data, analytics and insight. ALM serves a community of over 6 million business professionals seeking to discover, connect and compete in highly complex industries. For more information, visit http://www.alm.com.

3 Things You Must Know BEFORE Moving Microsoft Dynamics to the Cloud

Business management technology has made a giant leap into the cloud, including Microsoft Dynamics. Moving legacy systems to the cloud offers many advantages from time and cost savings to mobility to improved data security. However, it isn’t as straightforward as many vendors would have you believe. Before you move Dynamics to the cloud, download 3 Painful Mistakes to Avoid When Moving Dynamics to the Cloud and learn how you can avoid these 3 common, costly mistakes.

Modern business management systems are involved and require the insight and support of your skilled IT team and experienced providers. Even with Microsoft Dynamics already in place, moving to the cloud isn’t as simple as you may think. You must still carefully evaluate cloud services to ensure the cloud you choose will support your unique business needs and goals long-term. Rushing this decision can lead to any one of these mistakes:

  1. Taking the ‘standard’ cloud package: There is no cloud package that can support your exact business needs right out-of-the-box. There are many cloud providers and cloud options. From public and private clouds to hybrid cloud solutions, you need to weigh each option carefully and understand how your choices will impact your business.

Tip: Instead of taking a standard cloud package, ask an experienced cloud provider to show you the latest cloud technologies. Then, work together to choose the right cloud options for your specific business needs.

  1. Feeling pressure to decide fast: Sure, you want to boost productivity and find new ways to reduce waste while increasing profits. However, the cloud isn’t a full turnkey solution. Moving Microsoft Dynamics to the cloud must support strategic plans and business operations which is why this process takes time and deliberate planning. Don’t let promotions or unrealistic timeframes distract you from the goal at hand.

 Tip: Instead of being pressured to make quick decisions based on the latest-and-greatest technology, choose a provider that will take the time to understand your strategic goals and provide support as you begin your cloud journey. 

  1. Making across-the-board decisions: Your business generates a variety of data—some private, some proprietary and sensitive customer information. Each department, workload and dataset must to be evaluated separately. Consider compliance obligations, security measures and the ability for employees, vendors or customers that may need access to certain information.

Tip: Instead of making sweeping decisions, consider whether there are advantages to keeping certain data in a public cloud while using a private cloud for other workloads or sensitive data.

Plan A Successful Move to the Cloud

Moving Microsoft Dynamics to the cloud isn’t a simple decision or a one-size-fits-all solution. Evaluating your cloud options and how they will impact your business takes deliberate planning and careful consideration. Plan a successful move to the cloud by downloading the infographic and contact SBS Group for guidance and support as you move legacy systems to the cloud.

SBS Group Presented with 2017 BI360 Platinum Partner of the Year Award

Leading Business Intelligence Software Firm Recognizes SBS Group for Excellence in Delivering Solutions

Solver, Inc. named SBS Group as the 2017 BI360 Platinum Partner of the Year Award winner. Solver honored their top partners for demonstrating significant customer impact by delivering the BI360 Suite to help customers optimize their corporate performance management processes.

Solver honored 8 companies for their achievements in 2017, across various partner categories both globally and regionally. Of the more than 300 partners worldwide, these partners were nominated and selected for their excellence in customer service and innovation.

“We are especially excited to announce and recognize our top-achieving partners both in the U.S. and abroad, as last year was deemed our Year of the Partner and we are now starting to see the results,” said Nils Rasmussen, Solver CEO. “Our strong partner channel is the main reason we are expanding domestically and internationally, faster than ever. BI360’s success has everything to do with the partner relationships we have built along with committed, hard-working product experts. On behalf of Solver’s global family, I would like to congratulate and thank our award winners for their achievements in the past 12 months and for their continued dedication and support of Solver and the BI360 product suite.”

“BI360 has been a tremendous solution that cuts across all types of financial and operational reporting, budgeting, and analytics with capability to scale from our smallest to our enterprise level clients”, noted Eric Forgo, SBS Director of BI and CRM. “Because of the integration to each of the four Microsoft Dynamics ERP platforms, the ease of deployment is high and has yielded a very satisfied group of customers. We look forward to growing with Solver to serve our customers and deploy best of breed cloud-based solutions.”

About SBS Group
SBS Group is a Microsoft Master VAR and Indirect Cloud Solutions Provider (CSP) specializing in Microsoft Dynamics solutions and services for companies of all sizes. With more than 3,000 active customers served by over 300 employees across 40 locations in North America, SBS Group is a recognized leader in cloud ERP, CRM, productivity and business intelligence solutions. We simplify the cloud experience and help our customers realize business value faster with SBS Group AXIO solutions for Dynamics 365 and our streamlined RightPath approach. SBS Group is headquartered in Edison, NJ and has been a recognized leader in Microsoft business solutions for over 30 years. http://www.sbsgroupusa.com

About Solver
Solver provides BI360, the leading cloud and on premise Corporate Performance Management and Business Intelligence suite for Microsoft Dynamics, Sage, SAP, Intacct, Acumatica, NetSuite and other ERP systems. Solver is a Microsoft Gold ISV Partner and the winner of the Microsoft BI Partner of Year Award and has a presence on the Gartner Group CPM Magic Quadrant. BI360 is sold through a worldwide network of partners and is ideal for companies looking to find a user-friendly, yet highly functional Strategy, Forecasting, Budgeting, Reporting, Dashboard, and Data Warehouse solution to give them deep insight and actionable information across all facets of their organization. For any questions, visit Solver’s website or contact Solver at info@solverglobal.com.

The Truth Behind Sales Tax Audits

Repost from Avalara

With the myriad responsibilities involved in running a successful business, it should come as no surprise that preparing for a sales and use tax audit is not exactly a high priority or favorite topic of conversation among business owners. There are only so many hours in a day, and many companies choose to put examining their compliance process on the back burner; at worst, the idea is ignored entirely. Even business owners who are ready and willing to tackle the issue rarely know where to begin. But sales and use tax audits don’t have to be a specter that looms in the mind of every well-intentioned businessperson. Instead, in the same way, we are told the benefits of “knowing thy enemy,” knowing one’s compliance process as it relates to industry-specific audit risk can make all the difference in the world.

First, an important clarification: Auditors are not the enemy in this scenario, audit risk is. The current tax system is, for many, extremely complex and difficult to navigate, but auditors are simply those tasked with ensuring that business owners — with all the tools at their disposal — are honoring what’s owed to the state. Every year, it seems there are fewer states not suffering from a budget deficit, and as a result, states are finding more ways to maximize the number of sales and use tax revenue, including significantly increasing the audit workforce across the country. In short, auditing is easy money. Furthermore, not only are states adding to their audit divisions, but many of those newly hired auditors are setting up shop outside of their home state and auditing out-of-state businesses. With nexus legislation and use tax reporting requirements proving difficult to pass or enforce, it’s no wonder states turn to their audit professionals to save the day.

So, what do you do if you’re a remote auditor charged with bringing home the bacon? Easy: You target companies with an obligation to collect and remit your state’s tax, and you focus on the industries most prone to error when it comes to compliance. That list is shorter than you might think. According to a study Avalara conducted with Peisner Johnson & Company, nearly 60 percent of state audits are spread among just four or five industries: retail, manufacturing, construction, wholesale/distribution, and food service. This reality is the basis of the newest Avalara whitepaper, Sales and Use Tax Audits Uncovered: Who Gets Audited, Why They Get Audited, and the Impact on Companies.

As the whitepaper reveals, certain industries get targeted by auditors due to the nature of how they operate, like how food service companies are frequently audited because they’re cash-based and known to leave cash unreported. Beyond that, the primary reason these industries are targeted is that they historically fail to adhere to state and local sales and use tax regulations. In fact, according to the California Board of Equalization, the number one most frequent error of noncompliance made by businesses typically involves untaxed purchases from out-of-state vendors. Consequently, the data suggests that the bulk of audit assessments resulting from these errors came from use tax not being paid. And these are no small assessments: Avalara’s joint study also found that the average cost of an audit is approximately $114,000 including penalties, fees, and professional counsel. That’s quite a price to pay for something so avoidable.

Ultimately, when it comes to sales and use tax audits, the best offense is a solid defense. In the whitepaper, Sales and Use Tax Audits Uncovered, you’ll learn the most common audit triggers for each key industry, as well as how best to prepare and support yourself before or during an audit. Sales and use tax compliance may be tricky, but with the wealth of tools and information available today, business owners have never been in a better position to eliminate risk and safeguard themselves against a costly audit.

SBS Group is Again Included in Inc. Magazine’s 36th Annual List of America’s Fastest-Growing Private Companies—the Inc. 5000

For the 6th Time, SBS GROUP Appears on the Inc. 5000 list, Ranking No. 3636 with Three-Year Sales Growth of 84%

EDISON, NJ (PRWEB) AUGUST 17, 2017

Inc. magazine ranked SBS GROUP NO. 3636 on its 36th annual Inc. 5000, the most prestigious ranking of the nation’s fastest-growing private companies. The list represents a unique look at the most successful companies within the American economy’s most dynamic segment— its independent small and midsized businesses. Companies such as Microsoft, Dell, Domino’s Pizza, Pandora, Timberland, LinkedIn, Yelp, Zillow, and many other well-known names gained their first national exposure as honorees of the Inc. 5000.

“We are honored to once again be recognized as one of the country’s fastest growing companies,” said James Bowman, President and CEO. “SBS Group continues to see steady revenue growth along with the expansion of our client base, partner network, and our portfolio of innovative cloud and business solutions. Our success is built on delivering exceptional service to our clients and providing our partners and the market with solutions helping companies modernize their businesses and realize business value.”

The 2017 Inc. 5000, unveiled online at Inc.com and with the top 500 companies featured in the September issue of Inc. (available on newsstands August 16) is the most competitive crop in the list’s history. The average company on the list achieved a mind-boggling three-year average growth of 481%. The Inc. 5000’s aggregate revenue is $206 billion, and the companies on the list collectively generated 619,500 jobs over the past three years. Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at http://www.inc.com/inc5000.

“The Inc. 5000 is the most persuasive evidence I know that the American Dream is still alive,” says Inc. President and Editor-In-Chief Eric Schurenberg. “The founders and CEOs of the Inc. 5000 tell us they think determination, risk taking, and vision were the keys to their success, and I believe them.”

The annual Inc. 5000 event honoring all the companies on the list will be held from October 10 through 12, 2017 at the JW Marriott Desert Springs Resort & Spa in Palm Desert, CA. Speakers include some of the greatest entrepreneurs of this and past generations, such as former Ford president Alan Mullaly, FUBU CEO and founder and “Shark Tank” star Daymond John, Dollar Shave Club founder Michael Dubin, researcher and #1 New York Times bestseller Brené Brown, and Gravity Payments’ founder and CEO Dan Price.

About SBS Group
SBS Group is a Microsoft Master VAR and Indirect Cloud Solutions Provider specializing in Microsoft Dynamics solutions and services for companies of all sizes. With more than 3,000 active customers served by over 300 employees in local offices across North America, SBS Group is a recognized leader in Cloud, ERP, CRM, productivity and business intelligence solutions. We simplify the cloud experience and help customers realize business value faster with AXIO solutions for Dynamics 365 and our streamlined “Move to Modern” approach. SBS Group is headquartered in Edison, NJ and has been a technology innovator and leader for over 30 years. http://www.sbsgroupusa.com.

More about Inc. and the Inc. 5000

Methodology
The 2017 Inc. 5000 is ranked according to percentage revenue growth when comparing 2013 to 2016. To qualify, companies must have been founded and generating revenue by March 31, 2013. They had to be U.S.-based, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2016. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2013 is $100,000; the minimum for 2016 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Companies on the Inc. 500 are featured in Inc.’s September issue. They represent the top tier of the Inc. 5000, which can be found at http://www.inc.com/inc5000.

About Inc. Media:
Founded in 1979 and acquired in 2005 by Mansueto Ventures, Inc. is the only major brand dedicated exclusively to owners and managers of growing private companies, with the aim to deliver real solutions for today’s innovative company builders. Winner of the National Magazine Award for General Excellence in both 2014 and 2012. Total monthly audience reach for the brand has grown significantly from 2,000,000 in 2010 to over 18,000,000 today. For more information, visit http://www.inc.com.

The Inc. 5000 is a list of the fastest-growing private companies in the nation. Started in 1982, this prestigious list of the nation’s most successful private companies has become the hallmark of entrepreneurial success. The Inc. 5000 Conference & Awards Ceremony is an annual event that celebrates their remarkable achievements. The event also offers informative workshops, celebrated keynote speakers, and evening functions.

For more information on Inc. and the Inc. 5000 Conference, visit http://conference.inc.com/.


To read the full release, click here.

%d bloggers like this: