Although the manufacturing industry employs far fewer Americans than it did 50 years ago, there are still sectors thriving and even experiencing substantial growth. Interestingly, most of these sectors belong to the process manufacturing sphere. As the name implies, process manufacturing refers to the processing as well as combination of raw materials and ingredients to create finished products. To deal with the specific challenges in this field, many businesses turn to process process manufacturing software.
Enterprise Resource Planning
11 Manufacturing KPIs Your ERP Software Should Track
As you likely know, manufacturing is one of the biggest industries around the globe. According to The World Bank, manufacturing added over 12.3 trillion USD in value globally in 2016. While there are many industries within manufacturing, there’s still an enormous amount of competition and pressure to produce goods quickly and cheaply. However, the right manufacturing software (ERP) can help your company track manufacturing KPIs.
BPM vs ERP
According to a 2018 BPTrends Report, 93 percent of companies are involved in multiple efforts to improve their processes. However, only 50 percent of those using a BPM software reported satisfaction with the tool. It’s possible that the other half of BPM users would be more satisfied with a different way of managing their processes, like with an ERP software. But first we need to understand the full breakdown of BPM vs ERP software.
Compare Best Cloud ERP: Which Systems are Winning in 2018
In 2018 and beyond, the factors that drive organizations to compare cloud ERP (enterprise resource planning) systems often begin with a few strong focuses. In particular, product quality, production and process monitoring, an increased use of analytics and business intelligence (BI) applications and the need for greater mobility are becoming necessities for companies adopting new ERP software.
ERP Software Selection Criteria, Process and Vendor Checklist
A good enterprise resource planning (ERP) system should have an impact on every single part of your business. These highly sought after enterprise applications help manage activities including planning, research and development, purchasing, supply chain management, sales, and marketing. There are countless ERP software solutions available, so it’s crucial that you make the right ERP choice that fits your organization. But do you know what the ERP selection process looks like?
Don’t worry if you’re not familiar! That’s the very reason we built this ultra-comprehensive, step-by-step guide on how to choose an ERP system. Packed with tips and recommendations, you can use this article as part of your ERP software evaluation checklist.
The Most Important ERP Features List: A Review of ERP Capabilities
Enterprise resource planning (ERP) ranks high among the most comprehensive, powerful data management solutions available. For many businesses, ERP is an ideal solution for data analysis, automation and full-scale infrastructure integration. Yet, with many systems available, each seemingly tailored to different industries, selecting the right ERP software solution can seem overwhelming. But don’t get lost in the sea of bells and whistle, there are a few core capabilities every ERP should offer.
ERP Functions List and Characteristics
There’s definitely a lot of buzz surrounding ERP software these days. You might’ve heard it’s a necessary tool to stay competitive in today’s market. Or, you’ve heard how efficient it can make your business operations. But first, let’s start with something simpler. Enterprise resource planning (ERP) software is a business solution that integrates all your applications and manages your resources. So what can an ERP do specifically? To answer that question, we need to understand the basic ERP functions.
ERP Requirements Checklist and Template
According to Ed Featherson, VP of Cloud Technology Partners, it’s very common for buyers to spend too little time gathering their ERP requirements. Understandably, many buyers focus on how their current processes will transfer over into the new system. However, ERP software is more than a replacement for pen and paper. It’s quite transformative when used correctly, but the only way to do that is to think about that transformation from the beginning. To accomplish this, it’s important to think about everything an ERP system offers. To help you get started, we’ve created an extensive list of the most popular ERP requirements and features.
Distribution ERP Software Features and Requirements Checklist
Did you know four out of five consumers change their mind about buying a product after reading a negative review online? And since there’s not a lot businesses can do to take down bad reviews, providing great service is one of the first lines of defense against them. This makes distribution support, a core type of ERP functionality, even more important in the digital age. Distribution software is critical for getting products out to your customer base in the most efficient and accurate way possible.
These systems manage the supply chain operations that support the final distribution of goods. But what should you be looking for when shopping for a new system? To help you answer this question, we’ve created a checklist of popular distribution ERP software features and requirements. Use it to create your own list of requirements to help you find a solution perfect for your company.
Epicor vs NetSuite
So if you’ve narrowed down your selection to Epicor ERP 10 and NetSuite OneWorld, you’re in the right place. We’ve put together a comprehensive and detailed comparison of the two systems to help you determine with confidence which is best for your business.
SAP vs Oracle
Top Accounting Software Features in 2018
Accounting definitely doesn’t have a reputation as the most exciting business function, but that doesn’t diminish its importance. Accounting is the process that keeps the world going, both in business and our everyday lives. That’s why it’s imperative users have access to all the accounting software features they need to get the job done. But what accounting features do they need from accounting software?
Accounting Software Requirements Checklist
Thanks to automation and AI, accounting software is one of the most transformative tools a business can adopt. ClientWhys CEO Lee Reams remarks, “Free from the tedious tasks, accountants will be able to focus their efforts on developing KPI’s, budgeting for growth and assisting in improving cash flow: more CFO like advice without the cost.”
But they’re also simple solutions that exist if you’re not amassing a team of mini-CFOs. It’s really up to you to decide what your business needs from your next system. To guide you through this process, we’ve created an accounting software requirements checklist. Use it to determine which accounting software features you need and which you don’t.
Top Tax Management Software in 2018
If you think about all the things that help you make money and cut costs, tax management software probably isn’t the first to come to mind. But while taxes themselves aren’t profitable, there are still plenty of ways to save time and money while going through the process.
Top ERP Software Features Checklist for 2018
When shopping for Enterprise Resource Planning software, you have to know what features vendors are offering and which ones your company will need. There are countless online articles listing the must-have modules, but what they can’t tell you is what everyone is actually buying. So we took some measures to find out.
ERP for the Food and Beverage Industry
Food has always played a highly central and emotional connection in people’s lives. Dating back to the ancient civilizations of Egypt, Greece, Rome, China and India, all were aware of the link between food and health; food and community; and food and life. In today’s fast-paced, modern life that link has not weakened. But, like many other areas in our lives, it’s been through countless iterations and finally transformed into a highly volatile juggling act of ever-changing demands. Issues like health and wellness, shifting lifestyles, changing preferences, food safety, sustainability and technology have all received a heightened amount of visibility.
What are the 6 Main ERP Components?
As anyone who’s shopped for a new car knows, you can’t leave the lot without being asked about add-ons and extras. While these features are convenient (and tempting), a savvy shopper knows to first focus on things like gas mileage, cost of ownership and safety ratings. It’s important to consider a car’s core qualities first before you go broke on custom mud flaps.
Wholesale Distribution Software: Top Recommendations
For wholesale distributors, careful spending is a top priority. It’s essential that businesses balance the expenses produced by their warehousing operations in order to make sure that they’re offset by monthly revenue. This is no easy task, but wholesale distribution software can simplify the process. It helps to track and optimize key details about inventory and its movements.
PLM Systems: The Ins and Outs
Product lifecycle management systems (PLM systems) are powerful enterprise-wide software solutions that manage every aspect of a product’s digital life. These sophisticated systems serve to integrate data, processes, business systems and people in an extended enterprise, facilitating the internal and external collaboration that is demanded by a new manufacturing environment.
Disrupting Distribution Software: Introducing New Technologies
Companies today are constantly striving to improve their distribution systems. However, that process can be complicated because of limitations imposed by distribution software.
This is even more common if the software hasn’t been updated for a while.
This is a situation that many companies today find themselves in. Older software is preventing them from implementing new wholesale distribution practices, which makes it hard to keep up with the competition.
