Any organization that contains more than ten employees can benefit from a snugger connection between its financial functions & data and operational data. The more the links are automated, the better the organization will be. This is the idea that follows ERP or enterprise resource planning systems. Choosing and successfully integrating ERP is a daunting…
Enterprise Resource Planning or ERP software is the ultimate asset for most big organizations. Still, ERP transformations are intricate and time-consuming. When ERP deployment is done in an agile manner, an organization can streamline all its ERP projects. However, IT experts have a different view when it comes to connecting ERP systems with agile. They…
If we look at history, numerous cases of ERP implementation failure are visible. But if we call those only failures, it will be a huge understatement. An organization can lose goodwill and reputation to large extents with ERP failures. But a system won’t fail just like that. Either the system is an outdated one, or…
If we look at the primary reasons for investing in Enterprise Resource Planning software, it is for managing internal business processes. These include MRP, accounting, inventory, finance, etc. ERP can manage such operations in real-time from numerous company areas starting from the shop floor to the front office. This is why the impact of ERP…
Every part of a business can operate smoothly when project management is carried out seamlessly. Proper project management enables teams to emphasize crucial work and not on tasks that cause distraction. However, this scenario is apt for pre-COVID times. But since the pandemic in 2020, organizations and their teams are compelled to work remotely. The…
Budget estimation, cash flow management, keeping updated financial data, keeping track of all sales orders are the tasks that indicate healthy accounting and financial management. If an organization fails to maintain order in these mission-critical tasks, it might have to bear a lot. Financial management and accounting is the most important part of an organization…
We are now living in a world that demands the adoption of new technologies for adjusting to the new normal easily. The sector that was badly hit on the striking of the CoronaVirus is the education sector. It actually brought learning and education to a complete halt. Due to this, the academic lives of students…
We live in a world when the worldwide market is an ever changing one. This compels distributors and manufacturers of today’s time to efficiently employ massive data amounts for reaping the benefits of business intelligence. Enhancing profitability, decreasing inventory and boosting operations are some of the things that they constantly reach out for. This is…