Enterprise Resource Planning

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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