There was a time when only large organizations would utilize ERP or enterprise resource planning software. But over the previous few years, ERP systems are experiencing massive transformations. Now, small businesses can even choose to implement ERP for small businesses as these no longer carry a complex infrastructure. Since the technology of automation is powering…
Accounting Software: When companies start out newly, they often feel pleased to use basic accounting software programs such as QuickBooks or sometimes even MS Excel. It may come to you as a surprise but there are a number of companies that are doing just fine using basic accounting software programs. However, this only lasts for…
Enterprise resource planning or ERP is a business process management software that enables an organization to use a system of integrated applications for business management through automated functions. These functions include assisting back-office functions of technology, services, and human resources. These are 6 ways to optimize organization performance using ERP. Various organizations across sectors have…
With countries like India and China propelling consumerism, there is a lot of activity on the e-Commerce front. New start-ups are being formed every day and there is a lot of activity when it comes to retail marketing. E-commerce companies have found a new lease of life thanks to venture capitalists and angel investors, all…
Every company must strive towards maintaining quality standards that are par excellence. This is necessary to remain in business and also to innovate and to grow further. An ERP will ensure that business processes are automated so that existing resources can be diverted towards quality management. Here is the caveat. ERP can actually help you…
There are a number of ERP vendors today and each one is moving towards offering cloud ERP, while gradually phasing out older legacy versions. Thankfully, this is one of the changes that must be welcomed. Cloud ERP saves money, reduces the need for infrastructure and also makes software programs available on demand. All that a…
When a company invests in ERP, it makes a major decision. It not only involves investment in the form of money but also time and other resources. Naturally, one would want to see if the return on investment has been positive. One of the hallmarks of ERP success is to actually track the ROI and…
ERP systems have evolved from traditional on-premise systems to hosted systems and to cloud ERP system consequently. This change is more relevant to small-scale businesses that focus more on saving direct cost, the convenience of use, and the functionality of the system without an investment of time. On the other hand, large scale organizations still…