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Making the right decision at the right time requires that the data should be available at internet time not
after the event when it is too late to do anything. So the need for a web portal has been increased in order
to support decision making in the different organizational levels at internet time by providing features
such as, customization, personalization, support for collaboration and notification that support managers
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versionโ data store that contains data from legacy ERP system after applying the ETL tools over it. Also
the Data marts will be used in order to shorten the response time of queries generated by the users.
ERP integrates business of an organization through a centralized database. The organizational data and transaction data are stored in the database. This data is a rich source of information. There are many software tools that would process the data and discover useful patterns. These techniques are referred to as data mining. The data from an ERP system may not be directly usable by data mining tools. The data may have to be pre-processed and made ready for data mining. A data warehouse is created from the ERP data that makes the data ready for data mining. An organization needs to interact with their suppliers for obtaining the raw material or semi-finished goods. They also need to interact with their retailers and dealers. These interactions may happen using EDI technology. Supply chain management (SCM) refers to managing suppliers and retailers. Customers are the reason why a business exists. The focus has changed from providing customer a product to providing a service built around the product. Customer relationship management (CRM) is the technology that helps an organization to manage its customers. CRM and SCM both integrate with ERP system and are collectively referred to as ERP-II.
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Name Clause: This clause states the name of the company, which should end with words like "Limited" or "Ltd." for a public limited company and "Private Limited" or "Pvt. Ltd." for a private limited company.
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Registered Office Clause: It specifies the location where the company's registered office is situated. This office is where all official communications and notices are sent.
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Capital Clause: This clause specifies the authorized capital of the company, i.e., the maximum amount of share capital the company is authorized to issue. It also mentions the division of this capital into shares and their respective nominal value.
Association Clause: It simply states that the subscribers wish to form a company and agree to become members of it, in accordance with the terms of the MOA.
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Constitutional Document: It serves as the company's constitutional document, defining its scope, powers, and limitations.
Protection of Members: It protects the interests of the company's members by clearly defining the objectives and limiting their liability.
External Communication: It provides clarity to external parties, such as investors, creditors, and regulatory authorities, regarding the company's objectives and powers.
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Binding Authority: The company and its members are bound by the provisions of the MOA. Any action taken beyond its scope may be considered ultra vires (beyond the powers) of the company and therefore void.
Amendment of MOA:
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1. #1 ERP for Construction: Decision-
Making Made Simple
In the dynamic world of construction, making informed decisions is critical to success.
The integration of enterprise resource planning (ERP) systems has revolutionized
industry decision-making processes. This blog post explains how ERP simplifies
construction decision-making and provides a comprehensive guide for stakeholders
navigating this transformation journey.
1. Centralized data management: See how ERP integrates data from different
departments into an integrated system. Emphasizes the importance of having real-time
access to critical project information. Discuss the impact of centralized data on faster,
more accurate decision-making.
2. Optimized project transparency: Explains her ERP's role in providing a holistic view
of ongoing projects. Learn about features like dashboards and reporting tools for real-
time insights. Learn how increased project visibility supports proactive decision-
making.
3. Data-driven decision support: See how ERP analytics enables data-driven decision-
making. Highlights the role of predictive analytics in predicting project trends. Discuss
the importance of historical data in guiding strategic decisions.
4. Optimizing resource allocation: Learn how ERP helps you manage your resources
efficiently. Learn about tools to track and optimize your work, equipment, and
materials. Here are some examples of successful resource allocation in construction.
5. Real-time financial insights: See how ERP impacts your financial decisions. Discuss
budget tracking, cost management, and financial reporting in real time. Highlight how
accurate financial data influences strategic decision making.
2. Axolon ERP solutions UAE technology-driven company that provides billing, payment,
and delivery solutions to small and medium-sized businesses.