Posts tagged: Enterprise Resource Planning

What is ERP? & How it Can Help Your Business

ERP – it stands for Enterprise Resource Planning — but the problem with this definition is that it doesn’t illuminate what is possible with the system. And that’s a problem – because there are many users of ERP who don’t realize the full potential or nuances of a good ERP program. So let’s dig a little deeper.

??Let’s suppose there’s a business that wants to buy a good that you sell. In this typical business-to-business (B2B) transaction, the ERP program allows your organization to take the order while checking to see if there is inventory in the stock ledger. But it’s more than an order taking and inventory system. The ERP also allows for the timing and planning of payment requests. In this example, when the order is fulfilled, the system can generate a request for payment through an invoice and account for the payment via a cash receipt.

These accounting capacities are all part of the finance function within an ERP.??So as you can see – there is a great amount going on within an ERP just by the sheer accounting function alone. It allows for your business to plan ahead and schedule key action in the organization without the need to have multiple Excel sheets or other various programs to keep track of various customer information and purchase data.??In essence, an Enterprise Resource Planning program is managing all the areas where there is a commitment to act.

ERPs differ dramatically from their less complicated cousin, the Customer Relationship Management system. The CRMs track speculative actions such as Marketing and Sales. An ERP, on the other hand, manages all the areas where there is a commitment to act such as purchasing, distribution, manufacturing, warehousing, shipping, and accounting. When there is a promise to fulfill on the part of the customer, the ERP is the system that makes for a smooth delivery of those promises among the many actors in all but the smallest organizations (when there are only one or two people involved, they can get away with lightweight ERP systems such as QuickBooks).

As a result of an evolution without a design-in-mind, in many businesses, you will find that there are typically multiple systems to track the accounting and fulfillment functions. As you can imagine, this causes a lot of headaches – so much time is spent tracking down and pulling together lists, performing information lookup, or creating reports, that valuable time and money is lost.

In many cases, businesses hire employees to keep track of the information that can easily be stored and managed in an ERP system.??

What makes an ERP system so important is precisely this: it is more efficient and it is more cost effective to track your fulfillment and accounting functions in one system. And ERPs also allow owners to plan these communications and work ahead of schedule – for example, if you have a monthly subscription program, the system can automatically handle recurring credit card charges while creating future orders to fulfill in a fully-automated fashion.??A quality ERP system allows for the planning of your future growth. QuickBooks,for example, works for a very small business. But the QuickBooks design breaks down when there are 15 or more employees; it’s not the right tool as you grow; — think of it as using a shovel to dig a swimming pool when you really need a bulldozer. Most any organization that has experienced significant growth has at least contemplated or captured the value offered in an ERP system.

Copyright © Marty Zigman 2011

Importance of SAP ERP Certification in Career Development

ERP (Enterprise Resource Planning) is advanced modern day tool, which is design to support complete business management of any organization, no matter whether they are small or large. SAP is the largest ERP solution provider organization. 70% of the Forbes 500 companies and millions other companies across the globe run their business with the help of ERP provided by SAP.

An organization which runs it’s business on enterprise resource planning platform needs quality professionals to handle the entire process; along with that the ERP system needs to be properly maintained by highly-skilled professionals according to the ever-changing need of the organization.

So, there is a huge requirement of ERP professionals across the globe. Keeping an eye to this demand SAP has introduced a certification program, which is delivered by different organization around the world.

Being a SAP certified professional one can act as enterprise resource planning systems management, Functional specialist or as a Technical specialist. An enterprise resource planning systems manager has to play a role in implementing and managing ERP for different department of an organization. A functional specialist finds a place in an organization to configure and implement different module of SAP to satisfy the unique need of the different department of the same parent organization. A Technical Specialist is given the duty to design and develop blueprint of implementation. A person want to pursue SAP ERP certification has the freedom to choose any of the three above mentioned discipline according to his taste and skill.

The main thing that allures student from varied background (like MCA, B Tech etc.) to pursue SAP certification program is the huge appetite of the corporate world for SAP ERP professionals. Being ERP certified professional, it’s most easy to find a suitable job than any other certification course.

The challenge the job offers to the professional is huge and exciting. As the integral part of a business house, one gets the opportunity to participate in wider scope of business and to take different kind of role responsibilities as the situation demands.

One other thing that ERP certified professional enjoys is the international exposure, the job offers. As the ERP certified professionals now required almost everywhere of the globe, so being an ERP professional one can choose any part of the world as his/her work field. Apart from that business houses sends their SAP ERP professionals to other part of the world to muster knowledge and get the global exposure.

Finally, the thing everybody works for is money. And the money or salary awarded to a SAP ERP professional is by far best than any other certification program, as there is always huge demand exist in the system for SAP ERP professionals. Even a fresher can expect a six digit salary.

The only hurdle one may face to pursue the certification program is the sum one has to spend to be a SAP professional. But the salary and facilities one gets after being placed, makes the investment a sensible one.

Be a SAP professional and make your career future-proof.

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Take Care Before Choosing Best ERP For Your Organization

In the world of wonderful business growth, Indian business channels are facing so many problems. A business house can face problems regarding manufacturing, supply, finance, customer relationship, human resources or decision-making. On the other hand, these companies are formulating new solutions to various business problems. ERP (Enterprise Resource Planning) is a key to many business problems.

Two noteworthy elements of ERP system are

  • Common database and
  • Modular software design

The implementation of ERP can change the way the business is viewed. An efficient ERP platform would enable anyone to get overall

picture of business by just clicking one button without having to go through complex exercise of collecting and analyzing data from various sub systems and then making it compatible for study.

Sometimes going for a new ERP can be a wise decision as a new ERP can boost up scale of business growth by reducing costs in effective way. You have so many ERP software options in the market, one have to be very choosy regarding the acceptable ERP. A business house should make a proper strategy before going for any appropriate ERP. A business house must be able to pin point problem generating modules as well as strength points.

The second step after analyzing weak points and strength point is evaluation of the technically best-fit ERP. This can be done with the help of the market review. The evaluation study includes cost and risks study analysis. Correct cost estimation embraces implementation charges, hardware up gradation, and maintenance. After the cost estimation, develop a realistic and the best-suited CRM is implemented.

Implementation can be done partially or it can be a total transform of the old system to the new CRM.

A university in the Southwestern U.S. is one of best learning institutions that have taken advantage of ERP offerings from IBM by putting ERP in practice.

The university wanted to replace their old administrative operations system, and add a Web-based interface. Their new ERP system would have to have the capacity to handle student administration, expansion, funding and payroll, all as quickly and efficiently as possible and they selected PeopleSoft for Higher Education software to run on IBM servers, IBM Global Services was brought in to implement software modules and incorporate them with their existing software. As a result, the new system removes the difficulties of the older system and increase efficiency and performance.

There is one more example of such implementation is Icreon, an Offshore Outsourcing Software Development Company in India offers two ERP solutions to organizations across domains: Microsoft Dynamics NAV – a business management solution that integrates all facets of a business – Planning, Finance, Materials, Sales, Marketing, Manufacturing, Human Resources etc. and SAP Business One Solutions – an integrated and affordable business management solution that is specifically designed for small and midsize businesses.

In the crux, I can sum up my article by giving these following tips that should be taken care, while choosing a suitable ERP solution for your organization:

  1. First , know what you really need in ERP software.
  2. Choose the most qualified ERP software vendor.
  3. Recognize the uniqueness of your business.
  4. Give attention to ERP software implementation.
  5. Invest in ERP software for the long-term

NetSuite

NetSuite Exact Syspro Accpac Epicor and Excel ERP system have capabilities to centralize all business process into single database and provide better control. Read brief information about all these enterprise software below:

1. Net suite

Net suite ERP solution is one of its kinds. It is the only on-demand ERP solution which can manage and control back-office operations. It is an all-inclusive business suite that can support operations like financials, order fulfillment, purchasing, inventory, time and billing, payroll, employee self-service, Web presence, etc. It is best suited to diverse enterprises and nonprofit organizations, which need to customize their systems for specific needs. It can be installed immediately.

2. Exact Software

This revolutionary ERP system is best for organizations that crave for impeccable connectivity. Exact Software equally connects both internal and external links and employee of a business. It teams up conventional ERP with a number of operations such as customer relationship management (CRM), business activity monitoring, electronic workflow management, project management and business intelligence. It helps in analyzing and predicting the business operations and the results can be used to formulate future plan of action. Thus, it eliminates complications from the processes.

3. Syspro

Syspro is among the leading enterprise resource planning software vendors. SYSPRO solutions’ enable companies to exercise complete control over different aspects of their workflow by directing planning and management functions. It permits the organizations to create their own exclusive manufacturing process that can successfully meet all their needs and new challenges that arise in the industry.

4. Accpac

The Sage Group has designed Accpac ERP software to suit the business requirements of the small and medium sized enterprises. This software can accomplish tasks like accounting, Customer relationship management and business management. USP of Accpac is that it employs Web Services as basic foundation for operating business applications.

5. Epicor

Epicor is a comprehensive ERP solution providing a number of real-time business utilities. It is targeted to manufacturing, distribution, retail, hospitality and services companies located in U.S. It offers business- specific solutions as it consists of ground-breaking service-oriented architecture (SOA) and Web services technology.

6. Excel ERP

Excel ERP is amongst the most user friendly ERPs. It requires trouble-free, organized and risk free implementation. Moreover, it can be customized as per the short/long term goals and objectives of the company.

Oracle ERPs vs. Microsoft ERPs

Oracle and Microsoft are big players in the field of ERP system. They provide software application for various segments. Read important points to know which application is best suitable for your organization. This content deliver brief information about Oracle and Microsoft ERP software.

Since from a decade, Oracle provides the solutions to the customers in the field of database, Customer Relationship Management, Supply Chain Management and Enterprise Resource Planning. In the success of Oracle ERPs the most important factor is the close alignment with the customers along with rapid implementation, lower TCO (Total Cost of Ownership) and higher quality.

Oracle Center Of Excellence (CoE) is created to improve constantly the services given to the customers. CoE also focuses on upgrading the oracle technologies and also works on the frame work and designing the new tools. With the help of Oracle CoE, now it has become possible to deliver:

* Provide access to a wider pool of great talent.
* Leverage global best practices for organization.
* Predictable service levels to customers for better satisfaction.

Where as Microsoft ERPs are very easy to handle. It is helpful in customer relationship management, supply chain and for financial. The people who work for the company successfully are the key to the success of company.

People used to make important decisions with full confidence with the help of this Microsoft ERPs which is a line of integration and the solution for the adaptable business management. It is very easy to adopt and familiar to other Microsoft products. Microsoft ERP reduces the risk to implement a new solution. These solutions are automatically applied and supply chain, stream line financial and customer relationship are processed in such a way that business is driven successfully. Several software products which are unique also constitute the Microsoft dynamics which is needed by almost every business.

Today business is facing an unprecedented opportunities and challenges. It is very essential in present environment to take rapid action that means to have updated information. It is also necessary to embrace the world with full ability and full confidence where there is a continuous acceleration in pace of change. Enterprise resource planning software helps in doing all this impossible things to possible. In today’s world the thriving attitude of dynamic business capitalizes every opportunity to compete in this new world of business where the new breed is required by the growing business. Migration of data is the important activities in implementing the ERPs software. Before the implementation of ERP it is necessary for the organization to perform thoroughly the business process analysis. The scope of application of ERP, Microsoft is very wide within the business so it is typically very complex. The length of implementation of the Microsoft ERP depends on the size of the business. Microsoft is committed to customers to drive their business with full confidence and to move forward.

Copyright © Ryan Mutt, All Rights Reserved. If you want to use this article on your website or in your ezine, make all the urls (links) active.

Information on Microsoft, SAP And Infor ERP Software

Microsoft, SAP and Infor are the leader in ERP (Enterprise Resource Planning). ERP software revolution ushered in an era of data centralization and seamless flow of integrated information within the organizations. Today, from small, medium to big companies belonging to diverse fields use ERP software to efficiently and cost effectively manage their information and business processes in lesser time. An array of ERP software is available in the market but before choosing any of those you must know which would be the best and easiest for you to install and operate. You will be in a better position to find out which ERP would fulfill all your needs if have clearly defined your requirements beforehand. Lastly, you must analyze what extra benefits the new ERP would give you over your existing management system.

1. Microsoft Dynamics AX 2009

Microsoft Dynamics AX 2009 is the best ERP software for mid-sized and larger companies. It is an effective business management tool that works by consistently and drastically improving the productivity of a company. Especially, Microsoft fans would love using it as they would be able to manage it with ease. It has a user-friendly interface that allows accurate and reliable decision making. By flawlessly connecting employees, customers and partners, its synchronization tools effectively help in information sharing and business planning.

2. SAP R/3

SAP R/3 was developed and introduced in the ERP industry by SAP AG. It is also known by the name of SAP ERP. This integrated enterprise resource planning (ERP) system can be successfully implemented in midsize and large organizations. Its collaboration tools helps in linking the internal and external publics in a better way. Its unique features and tools helps a company stand out in global marketplace as it can support important business operations without any hassles. It helps in safety management by letting the teams study changing market and industry trends and warning the company about possible risks. It offers a secure platform for other products of the company to function upon.

3. SAP Business One

SAP Business One successfully connects accounting, inventory control and human resource within an organization. It is tailored to meet the specific software needs of both small and medium sized enterprises. Its 15 core module structure includes every important module from Administration to e-commerce.

4. Infor ERP XA

Advanced ERP software Infor ERP XA has been developed to fulfill the unique requirements of distinct manufacturers only. It is an IBM System i-based solution. The latest version has prominent features like upgraded inventory management processes and mixed-mode processes that include repetitive, engineer-to-order, configure-to-order, manufacture-to-order and assemble-to-order. Most importantly, it also contributes to high system speed offering enhanced service and quick maintenance procedures to the company professionals.

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