Many people believe that non-profit organizations, or NPOs, are less complicated than commercial enterprises and, therefore, have little—if any—need for sophisticated, integrated ERP software. However, this isn’t true. Yes, while NPOs are not typically involved with manufacturing or inventory management, they have to process payroll and purchase goods and services. NPOs do not have traditional customers or accounts receivable; […]
Did you know that the food manufacturing industry is one of the fastest-growing industries? It is also one of the most dynamic and unpredictable. Not only do they have to deal with safety and recall issues, but there are also requirements for packaging/labeling, managing their recipe/formula, lot tracking/tracing, weights/measurements, and so much more. In addition
ERP, or Enterprise Resource Planning, systems contain all pertinent information regarding a company’s operations—from cash flow to inventory management to overall financials. However, though ERP systems are critical for any organization, they occasionally need to be supplemented for specific departments, such as analyzing the ERP financial data. Finance and accounting teams must often extract the
Integrating ERP with Accounting and Financial Management Software Read More »
The primary function of an ERP solution, or enterprise resource planning, is to incorporate business procedures and coordinate reporting across all departments. Of course, the right solution varies based on the industry and the particular needs of a business. An ERP system improves efficiency in your business operations because each department will be able to get its
Over the years, you’ve probably seen many high-profile corruption and accounting scandals come over the news. Now, there has been an increase in various financial laws and regulations that businesses are required to comply with. These regulations provide incentives for businesses to minimize errors by implementing processes to collect and report information. The most significant
The only way a customer-centric business will succeed is by providing its customers with excellent customer service. Companies realize this and have started shifting their focus to the customers and ensuring their customers have a wonderful experience. Businesses must learn to make themselves stand out from the crowd to survive, and the best way to
How an ERP Solution Can Improve Customer Service Read More »
As online business is becoming more popular and brick-and-mortar business is becoming less relevant, ERP commerce functionality is critical. By integrating your e-commerce platform with an ERP solution, you can: Increase productivity Retain customers Boost revenue In this article, we’re going to explore some of the benefits of ERP integration into your e-commerce platform and
Since the 1990s, manufacturing has relied on Enterprise Resource Management (ERP). At that point, ERP managed human resources and accounting. Today, it is a fully customizable tool used in various business areas, including retail/sales, finance, and operations. As a result, many professionals question whether they should switch to an ERP system for their business. Benefits
Which Industries Can Benefit From an ERP System? Read More »
