Enterprise Resource Planning

What are the Best ERP Software Integrations?

The oft-repeated phrase “United we stand, divided we fall” is applicable to more than just war movies and superhero TV shows.  It’s also a great summation of why ERP software integration is key to running a successful business.  As Information Builders puts it: “In every ERP implementation, there comes a time where these wide-reaching, all encompassing systems need to communicate with other 3rd party solutions and legacy applications.”  At a certain point, the more you keep your different types of software apart, the more likely it is that data will be inconsistent and your processes will become inefficient.  This can lead to confusion between departments and an ineffective workflow (the bane of any business’ existence).

What exactly is ERP software integration?  In Layman’s terms, it’s the process of bringing together an ERP system with another type of software to maintain consistent information and automate certain processes.  What makes ERP software integration so key is that it provides a single location to find information on everything from ecommerce to HR documents to sales leads, so everyone in an organization stays on the same page.

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It’s Time to Adopt a Hybrid ERP System

I’ve got one seemingly-simple question for you: how well does your ERP system work?  Think about this question carefully — how well does your ERP system actually automate the processes you need it to, and how much manual work needs to be put in for that automation to occur?  If the answer involves more manual work than should be necessary, then your business is suffering the same fate as many other businesses at the moment.

The exclusive use of an on-premise ERP is simply becoming outdated as various needs change for both businesses and their customers.  That being said, completely abandoning your on-premise ERP in favor of a newer cloud-based solution can involve much more effort and money than it’s worth.  The new norm involves adopting a “Hybrid ERP” system.

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7 Critical Functions of ERP Financial Management Software Modules

Financial management software does a lot for businesses. Many of these platforms function as an overall, comprehensive set of resources for figuring out enterprise finances on both a short-term and long-term basis. But there are also specific key things that businesses want out of these software tools.

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Pros and Cons of Open Source ERP Software

With ERP software, as with any kind of software product, there are big questions about how to source software platforms, and how to compare vendor options and other choices.

One evident competition is between specifically licensed ERP products and the collection of options known as ‘open source’ ERP software — ERP platforms that are not built for profit by a particular firm, but maintained with open source licensing, often by communities of users.

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Key Service ERP Industries

Just like many types of production businesses, service businesses can also use Enterprise Resource Planning or ERP software to help manage business processes and provide their services to customers. However, ERP works in a fundamentally different way for service companies — because there’s no product distribution, and a focus on assistance with some need rather than the shipping of products, services ERP has a different focus, and a different set of goals. In addition, the design of ERP for each segment will also differ significantly.

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Unique Industries Served by Manufacturing ERP Solutions

Enterprise Resource Planning software can provide specific applications for many different types of manufacturing businesses. Manufacturing is not a monolithic field — it consists of a whole multitude of different types of production businesses that all function in their own separate ways. Here are some of the specific categories of manufacturing that benefit from the use of ERP tools and resources.

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How to Compare Manufacturing ERP Software

The worldwide market for manufacturing Enterprise Resource Planning (ERP) software is valued at $7.3B in 2016, growing to $7.9B in 2018, attaining a compound annual growth rate of 2.5%. Cloud-based ERP systems are the fastest growing segment, projected to reach a 5.5% growth rate per year through 2018 according to International Data Corporation.

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Key Features of Distribution ERP Software

Distribution support is a core type of ERP functionality for many businesses. Any time a company has the burden of getting products out to a customer base, distribution software tools will become critical for handling the business in a modern, sophisticated way. Here are some of the features that distribution software packages bring to a business.

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Key Differences Between Supply Chain Management and Enterprise Resource Planning

When it comes time to choose or update pieces of a functional enterprise software architecture, procurement people and others responsible for evaluating this technology may be confused about what they specifically need.

One such question is on supply chain management software tools versus enterprise resource planning or ERP software products. What is the difference between supply chain management and ERP?

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Who’s Who in Job Shop Software?

Job shop software is an enterprise resource planning program that automates a variety of scheduling, reporting and tracking tasks. The best programs include manufacturing resource planning, which coordinates orders with manufacturing schedules. Since warehouse management is a challenge for many companies, it is important to understand the benefits of warehouse management software as an inclusion. Many programs today run on the cloud. When you debunk the common cloud ERP myths, managing a job shop with cloud-based software is easier than ever.

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Enterprise Accounting Software Recommendations

Financial information is the fuel that keeps every business growing and moving forward.

A core part of any accounting system is the general ledger, which captures and categorizes the many different types of transactions a business engages in daily. General ledger transaction entries are diverse and cover the core areas of any company’s business. Financial data reported in general ledgers include revenues generated from sales, service and licensing fees, along with the different classifications of expenses, assets, liabilities and forms of equity.

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5 Steps That Simplify ERP Software Comparison

You knew that selecting an ERP wouldn’t be an overnight process, but when you delved into the research and realized the sheer number of products and vendors available, that vacation you took last month seems very, very long ago. Indeed, the number of selections is dizzying. But categorizing the products makes ERP software comparison far easier. Here are a few deceptively simple tips that can narrow down your selection process considerably.

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Myths About Cloud ERP for Manufacturing

Manufacturing is a unique industry with challenges that may seem incompatible with a standard cloud-based ERP solution. Because of this, many companies still misunderstand the cloud and wind up missing out on its benefits. If you’re still on the fence about switching to the cloud, consider how properly-planned ERP for manufacturing busts the common myths.

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Epicor vs SAP vs Infor ERP Comparison

Enterprise Resource Planning solutions are a vital part of today’s business landscape. Any company of significant size or with complicated customer and product rosters needs these kinds of software to help handle many diverse aspects of business management. Here are some comparisons of three popular ERP systems that will help human decision-makers to keep tabs on everything from supply chains to customer relationships.

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The 10 Best Functions of Job Shop Software

Profitability in job shop manufacturing relies on efficiency, accuracy, and above all, organization. Small-scale manufacturing and custom batch jobs present a unique set of challenges, not the least of which being profit management in such an unpredictable space. Job shops must take every precaution to avoid inaccurate information, unforeseen expenses and skewed profit margins.

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