The document compares different ERP packages and provides guidance on evaluating ERP vendors and systems. It discusses factors to consider such as software tier and features, deployment methods, customer satisfaction, costs, and whether a system meets business needs. The conclusion emphasizes that ERP systems significantly impact business success and growth, and manufacturers are benefiting from ERP in ways like increased collaboration, responsiveness, simplicity and mobility. Careful selection is important given the large impact of an ERP system.
The 2012 ERP Buyers Guide from Software Shortlist provides an overview of leading ERP providers, together with expert commentary and advice to help you make the right decision, including articles on:
> A business-driven approach to software selection
> Benefits & pitfalls of ERP systems
> Advice for a successful ERP implementation
The Buyers Guide also includes detailed profiles of 20+ leading ERP vendors.
Accelerate your selection process by downloading the ERP Buyers Guide from Software Shortlist.
Sap erp and oracle erp alternatives for small manufacturersMRPeasy
On many occasions, the most recognized systems with the highest market share, such as SAP ERP or Oracle ERP, are the chosen ones. But at the same time, there are many alternatives that can offer cost-effective solutions for small manufacturers.
#saperp #erp #mrp #mrpeasy #manufacturing #manufacturingsoftware #oracleerp #smallmanufacturing #erpsoftware
Future directives in erp, erp and internet, critical success and failure factorsVarun Luthra
This ppt explains Future Directives in ERP, ERP and Internet, its critical success and failure factors, Hit 'Like' button if the ppt turns out to be useful for you in any way. Enjoy :)
Enterprise Resource Planning (ERP) is no longer just about financials. Clients now expect smarter tools for data management and integration.
Info-Tech reviews the leading solutions with a step-by-step guide on evaluating how they will provide value in YOUR environment
The 2012 ERP Buyers Guide from Software Shortlist provides an overview of leading ERP providers, together with expert commentary and advice to help you make the right decision, including articles on:
> A business-driven approach to software selection
> Benefits & pitfalls of ERP systems
> Advice for a successful ERP implementation
The Buyers Guide also includes detailed profiles of 20+ leading ERP vendors.
Accelerate your selection process by downloading the ERP Buyers Guide from Software Shortlist.
Sap erp and oracle erp alternatives for small manufacturersMRPeasy
On many occasions, the most recognized systems with the highest market share, such as SAP ERP or Oracle ERP, are the chosen ones. But at the same time, there are many alternatives that can offer cost-effective solutions for small manufacturers.
#saperp #erp #mrp #mrpeasy #manufacturing #manufacturingsoftware #oracleerp #smallmanufacturing #erpsoftware
Future directives in erp, erp and internet, critical success and failure factorsVarun Luthra
This ppt explains Future Directives in ERP, ERP and Internet, its critical success and failure factors, Hit 'Like' button if the ppt turns out to be useful for you in any way. Enjoy :)
Enterprise Resource Planning (ERP) is no longer just about financials. Clients now expect smarter tools for data management and integration.
Info-Tech reviews the leading solutions with a step-by-step guide on evaluating how they will provide value in YOUR environment
If you want genuine ERP software development service provider in Greater Noida then Softgains is the best place where you can get best ERP software development services at best prices and softgains is also the place you can trust as softgain has an excellent record for providing ERP software development services to its coustomers without coustomer facing any problem
https://www.softgains.com/best-erp-software-company-delhi-ncr.php
Gartner created the abbreviation ERP in 1990, which conventionally has been a complicated software containing several incorporated applications to run multifaceted business procedures. ERPs requisite thorough preparation and substantial means to execute, therefore accompanying expenditure and efforts are extraordinary.
Abas business software big erp solution for small businesses (en)Muresan Rares
ERP software for manufacturers
abas Manufacturing provides the tools you need as a manufacturer to optimize your business processes — from make-to-order and make-to-stock to series and mass production.
IT Management - Analyzing BI and ERP - ENSonny Brabez
An analyze of BI and ERP done for a project at my school.
--------------------------------------------------------------
Une analyse de BI et ERP faite pour un projet d'école.
Free Gartner Report: Aligning Supply and Demand for IT Services
Cloud computing is transforming how IT manages costs and standards, but its impact extends into how IT itself is managed as a business. Public cloud computing puts pressure on the entire IT cost structure to become wiser and more efficient about balancing the supply and demand for IT services.
While cloud commoditization is driving down prices, IT is forced to manage resulting increases in consumption. The report recommends steps CIOs should take to improve the maturity of their approach to IT service management, installing:
• Benchmarking and chargeback to manage demand for cloud services
• Expand their strategic vendor management and IT procurement practices
• Become a broker of services, including external cloud computing.
Consider using IT cost transparency improvement as a cultural change agent to transform the IT organization from a focus on “speed and quality” to one of “IT cost and business value”.
For more cloud management insights visit http://vmware-erdos.com
Read how Lenovo configures a pricing makeover and aims for greater organizational consistency and market responsiveness with SAP Price and Margin Management by Vendavo
As a leading Open Source enterprise software development company in USA, Corelynx provides high end software solutions based on the requirements of the client global.
Enterprise Resource Planning (ERP) is a type of software that firms use to manage their day-to-day business activities like accounting, procurement, project management, risk management, compliance, and supply chain operations.
CARGOES Runner from DP World offers leading edge technology, in easy-to-use formats, to deliver significant improvements in control, visibility, transparency and cost efficiency right across freight forwarding operations, end-to-end.
Enterprise Resource Planning (ERP) software has become an indispensable tool for companies seeking to streamline their operations, enhance productivity, and make data-driven decisions. However, with a myriad of ERP solutions available in the market, selecting the right one for your business can be a daunting task. This blog aims to guide you through the ERP selection process, helping you find the perfect fit for your unique needs and objectives.https://www.captivix.com/blog/erp-selection/
If you want genuine ERP software development service provider in Greater Noida then Softgains is the best place where you can get best ERP software development services at best prices and softgains is also the place you can trust as softgain has an excellent record for providing ERP software development services to its coustomers without coustomer facing any problem
https://www.softgains.com/best-erp-software-company-delhi-ncr.php
Gartner created the abbreviation ERP in 1990, which conventionally has been a complicated software containing several incorporated applications to run multifaceted business procedures. ERPs requisite thorough preparation and substantial means to execute, therefore accompanying expenditure and efforts are extraordinary.
Abas business software big erp solution for small businesses (en)Muresan Rares
ERP software for manufacturers
abas Manufacturing provides the tools you need as a manufacturer to optimize your business processes — from make-to-order and make-to-stock to series and mass production.
IT Management - Analyzing BI and ERP - ENSonny Brabez
An analyze of BI and ERP done for a project at my school.
--------------------------------------------------------------
Une analyse de BI et ERP faite pour un projet d'école.
Free Gartner Report: Aligning Supply and Demand for IT Services
Cloud computing is transforming how IT manages costs and standards, but its impact extends into how IT itself is managed as a business. Public cloud computing puts pressure on the entire IT cost structure to become wiser and more efficient about balancing the supply and demand for IT services.
While cloud commoditization is driving down prices, IT is forced to manage resulting increases in consumption. The report recommends steps CIOs should take to improve the maturity of their approach to IT service management, installing:
• Benchmarking and chargeback to manage demand for cloud services
• Expand their strategic vendor management and IT procurement practices
• Become a broker of services, including external cloud computing.
Consider using IT cost transparency improvement as a cultural change agent to transform the IT organization from a focus on “speed and quality” to one of “IT cost and business value”.
For more cloud management insights visit http://vmware-erdos.com
Read how Lenovo configures a pricing makeover and aims for greater organizational consistency and market responsiveness with SAP Price and Margin Management by Vendavo
As a leading Open Source enterprise software development company in USA, Corelynx provides high end software solutions based on the requirements of the client global.
Enterprise Resource Planning (ERP) is a type of software that firms use to manage their day-to-day business activities like accounting, procurement, project management, risk management, compliance, and supply chain operations.
CARGOES Runner from DP World offers leading edge technology, in easy-to-use formats, to deliver significant improvements in control, visibility, transparency and cost efficiency right across freight forwarding operations, end-to-end.
Enterprise Resource Planning (ERP) software has become an indispensable tool for companies seeking to streamline their operations, enhance productivity, and make data-driven decisions. However, with a myriad of ERP solutions available in the market, selecting the right one for your business can be a daunting task. This blog aims to guide you through the ERP selection process, helping you find the perfect fit for your unique needs and objectives.https://www.captivix.com/blog/erp-selection/
Evaluation of ERP software is a very challenging and tedious task. Organizations are very cautious because the ERP they chose has a long term impact on the organization and organizational productivity. A wrong choice can easily land an organization in a mess which they will find difficult to come out of. As people say 'ERP is like a marriage'; Once you start to use an ERP and have your Business Data on the ERP for some time, it will not be an easy task to switch over to another ERP.
ERP solutions manage a multitude of business processes and enable the flow of information among them. Moreover, by gathering a firm’s shared transactional data from various sources, enterprise planning systems delete data duplication and offer data integrity with a single source of information.
Critical Features all Enterprise Application Software must haveBJIT Ltd
Enterprise application software has become an essential tool for businesses, regardless of their size or industry. With the increasing demand for efficiency and productivity, it is imperative for organizations to have a comprehensive software system that caters to their specific needs. In this regard, critical features are necessary to ensure that the software is capable of fulfilling its purpose. This article will discuss some of the key features that all enterprise application software must-have.
Read more: https://bjit.medium.com/critical-features-all-enterprise-application-software-must-have-2a1cfd2b87e5
A detailed presentation related to ERP Systems in Oracle. It is very popular for any firm/organization to work in their platform and solve the business work and provide solution. Software development processes helps to built software using Agile models.
A complete guide of Oracle ERP System. It is the most advanced system of current market scenario. A brief written content with the help of researchers, scientists and engineers. Oracle is targeting the current ERP market and increasing their productivity and providing a better solution for Organizations to improve there business.
In this presentation, we will analyze the strength and weakness of ERP systems. Implementation cost, investment required, hidden costs and benefits of implementing ERP will also be covered in this presentation. We will discuss advantages and disadvantages of ERP and analyse the reason behind the failure of ERP in some specific projects.
To know more about Welingkar School’s Distance Learning Program and courses offered, visit: http://www.welingkaronline.org/distance-learning/online-mba.html
Pros & cons in house software vs outsourcedCeline George
Both in house ERP development and Outsourcing have their own advantages and disadvantages in store. Cautious thought must be taken by the general business population
Oracle ERP – Leading Businesses to Success.pdfbasilmph
Modern ERP systems like Oracle ERP offers flexible deployment options along with improved security, sustainability, privacy, and customization. It can also build continuity as well as resiliency into a business and its processes, while ultimately preparing your business for the future.
Navigating ERP Selection_ 5 Vital Factors to Consider.pdfRexoERP
We are an ERP software development company. Here we are presenting our product which is Rexo. We are not some random bunch of software developers. We are "REXO". The name Rexo evokes eagerness, audacity, and responsibility. And here is RexoERP which is for all industries. We are a leading smart ERP solution & service provider from central India, comprising a team of enthusiastic IT professionals keeping the experience from 20+ years to many, continuously working to help society with the optimal use of IT for life and work.
SAP ABAP support by bob panic www.rockstarconsultinggroup.combob panic
Enterprise resource planning (ERP) is a system that integrates all of these functions into a single system, designed to serve the needs of each different department within the enterprise. ERP is more of a methodology than a piece of software, although it does incorporate several software applications, brought together under a single, integrated interface.
Enterprise resource planning (ERP) systems integrate primary business applications; all the applications in an ERP suite share a common set of data that is stored in a central database. A typical ERP system provides applications for accounting and controlling, production and materials management, quality management, plant maintenance, sales and distribution, human resources, and project management.
The Challenges of Implementing ERP Software.pdfSmartinfologiks
ERP Software helps streamline business operations via a centralized platform to help businesses in every facet from inventory management, accounting, customer relationship management, human resources, asset management, project management, task etc.
India's top 3PL company uses Fleet management system(FMS) for its operations .Fleet management system will oversee all the fleet performance and fleet maintenance to run the business smoothly.The implementation of the fleet management system will help to increase the productivity of the company.
Students, digital devices and success - Andreas Schleicher - 27 May 2024..pptxEduSkills OECD
Andreas Schleicher presents at the OECD webinar ‘Digital devices in schools: detrimental distraction or secret to success?’ on 27 May 2024. The presentation was based on findings from PISA 2022 results and the webinar helped launch the PISA in Focus ‘Managing screen time: How to protect and equip students against distraction’ https://www.oecd-ilibrary.org/education/managing-screen-time_7c225af4-en and the OECD Education Policy Perspective ‘Students, digital devices and success’ can be found here - https://oe.cd/il/5yV
Operation “Blue Star” is the only event in the history of Independent India where the state went into war with its own people. Even after about 40 years it is not clear if it was culmination of states anger over people of the region, a political game of power or start of dictatorial chapter in the democratic setup.
The people of Punjab felt alienated from main stream due to denial of their just demands during a long democratic struggle since independence. As it happen all over the word, it led to militant struggle with great loss of lives of military, police and civilian personnel. Killing of Indira Gandhi and massacre of innocent Sikhs in Delhi and other India cities was also associated with this movement.
Synthetic Fiber Construction in lab .pptxPavel ( NSTU)
Synthetic fiber production is a fascinating and complex field that blends chemistry, engineering, and environmental science. By understanding these aspects, students can gain a comprehensive view of synthetic fiber production, its impact on society and the environment, and the potential for future innovations. Synthetic fibers play a crucial role in modern society, impacting various aspects of daily life, industry, and the environment. ynthetic fibers are integral to modern life, offering a range of benefits from cost-effectiveness and versatility to innovative applications and performance characteristics. While they pose environmental challenges, ongoing research and development aim to create more sustainable and eco-friendly alternatives. Understanding the importance of synthetic fibers helps in appreciating their role in the economy, industry, and daily life, while also emphasizing the need for sustainable practices and innovation.
The Art Pastor's Guide to Sabbath | Steve ThomasonSteve Thomason
What is the purpose of the Sabbath Law in the Torah. It is interesting to compare how the context of the law shifts from Exodus to Deuteronomy. Who gets to rest, and why?
We all have good and bad thoughts from time to time and situation to situation. We are bombarded daily with spiraling thoughts(both negative and positive) creating all-consuming feel , making us difficult to manage with associated suffering. Good thoughts are like our Mob Signal (Positive thought) amidst noise(negative thought) in the atmosphere. Negative thoughts like noise outweigh positive thoughts. These thoughts often create unwanted confusion, trouble, stress and frustration in our mind as well as chaos in our physical world. Negative thoughts are also known as “distorted thinking”.
How to Split Bills in the Odoo 17 POS ModuleCeline George
Bills have a main role in point of sale procedure. It will help to track sales, handling payments and giving receipts to customers. Bill splitting also has an important role in POS. For example, If some friends come together for dinner and if they want to divide the bill then it is possible by POS bill splitting. This slide will show how to split bills in odoo 17 POS.
The Indian economy is classified into different sectors to simplify the analysis and understanding of economic activities. For Class 10, it's essential to grasp the sectors of the Indian economy, understand their characteristics, and recognize their importance. This guide will provide detailed notes on the Sectors of the Indian Economy Class 10, using specific long-tail keywords to enhance comprehension.
For more information, visit-www.vavaclasses.com
Read| The latest issue of The Challenger is here! We are thrilled to announce that our school paper has qualified for the NATIONAL SCHOOLS PRESS CONFERENCE (NSPC) 2024. Thank you for your unwavering support and trust. Dive into the stories that made us stand out!
2. INTRODUCTION
Capitalizing on new digital business models and the growth opportunities they
provide are forcing companies to re-evaluate ERP’s role.
Made inflexible by years of customization, legacy ERP systems aren’t
delivering what digital business models need today to scale and grow.
Legacy ERP systems were purpose-built to excel at production consistency
first at the expense of flexibility and responsiveness to customers’ changing
requirements.
By taking a business case-based approach to integrating Artificial Intelligence
(AI) and machine learning into their platforms, Cloud ERP providers can fill the
gap legacy ERP systems can’t.
3. INTRODUCTION
Companies need to be able to respond quickly to unexpected, unfamiliar and
unforeseen dilemmas with smart decisions fast for new digital business
models to succeed. That’s not possible today with legacy ERP systemsThat’s
all changing fast.
A clear, compelling business model and successful execution of its related
strategies are what all successful Cloud ERP implementations share.
Cloud ERP platforms and apps provide organizations the flexibility they need
to prioritize growth plans over IT constraints.
Many have taken an Application Programming Interface (API) approach to
integrate with legacy ERP systems to gain the incremental data these systems
provide.
4. INTRODUCTION
New business models thrive when an ERP system is constantly learning.
That’s one of the greatest gaps between what Cloud ERP platforms’ potential
and where their legacy counterparts are today.
Cloud platforms provide greater integration options and more flexibility to
customize applications and improve usability which is one of the biggest
drawbacks of legacy ERP systems.
Designed to deliver results by providing AI- and machine learning insights,
Cloud ERP platforms, and apps can rejuvenate ERP systems and their
contributions to business growth.
5. ERP
• Enterprise Resource Planning software (ERP) packages are complex systems
that accommodate a variety of business functions across departments such
as accounting, inventory, order processing, purchasing, contact management,
warehouse management and customer communication. Although most ERP
systems will provide similar functionality, due to the complex nature of
sophisticated ERP, it can be difficult to compare them, especially when
evaluating more than 2-3 potential vendors. Aside from basic inventory and
accounting functionality, ERP systems also include features geared towards
specific industries and you will find that there are different types of ERP
depending on whether or not your business is in manufacturing, wholesale
distribution or service. To help you find the fight solution, the following are
several ways you can differentiate between software offerings:
6. Software Tier
• First and foremost, it is important that the systems you’re evaluating are directly
comparable. Trying to compare introductory software such as QuickBooks to true
ERP can become extremely dangerous, as the systems are designed to fulfill
different needs and are appropriate for companies of different sizes and
sophistication. Make sure you fully understand the different Tiers of software available
in the market to first determine which is appropriate for your business.
• Introductory systems are geared towards small businesses as the first solution
implemented in an organization. Introductory systems are typically designed to
accommodate one business process (such as accounting or inventory management)
and will often require integration with other standalone systems to provide
functionality across multiple departments.
• To be considered true ERP software, the system will be able to accommodate a
variety of business processes across the organization. ERP replaces all standalone
solutions as an all-in-one system. Not all vendors abide by the same definition of ERP
as it is technically defined rather loosely. However, there are certain features inherent
in true ERP solutions:
7. • ERP systems share a database
• Information flows between different areas of the software – accounting,
inventory, sales orders etc.
• Information is available in real-time
• The system and installation is elaborate
8. Deployment Method
The deployment method you choose for your business will have an on-going
impact on costs and necessary resources. For smaller businesses, cloud-
based solutions tend to be the better option, but are not always feasible if you
do not have access to a reliable internet connection. On the other hand,
larger businesses can often benefit from on-premises software if they already
have a dedicated team of IT personnel in-house, and the required server
infrastructure. Do your research to determine which method is best for your
business, and make sure that you compare the total costs of ownership
between the two over a span of several years. A vendor that provides both
options gives you the flexibility to switch down the road as your business
changes.
9. The People Behind the Software
Many ERP systems are similar in their functionality unless they are designed
for a specific industry such as pharmaceutical distribution software. Where
most systems tend to differ more greatly, is in the people behind the software.
Evaluate your experience with the people behind the company to get a feel for
how you think it will be to work with them in the future. This includes sales
staff, consultants, developers and support personnel. The easiest way to do
this is to start by evaluating the person you work with during initial sales
discussions. Are they attentive to your needs? Are they personal and put your
business needs first? Do they understand your industry? Do they ask the hard
questions and sometimes say “no”? ERP is designed to grow with your
business and so it is important that you’re happy with the people behind the
software for when it comes to dealing with after-sale support, customization
projects and upgrades. Ask the vendor to speak with existing customers to get
a feel for their experience
10. The Price
• Another obvious, but dangerous, means of comparison is the price. Certainly,
the price is very important in making a decision but always be careful. Low
costs may be attractive but could also be the result of low-ball figures or an
initial discount, which means you might end up paying more down the road.
High costs are usually a safer bet in terms of functionality and conservatism,
but you may be paying more than you need to. ERP solutions within the same
tier will have comparable price points so instead, the art is finding a balance
between low and high and understanding what the appropriate price is based
on the market. Keep in mind the price is not just about what you pay for
software, but also the cost savings you will gain from having a system that can
automate processes and increase efficiency.
11. Meeting Your Needs (Customization and Software
Fit)
Software flexibility is a great way to compare software. Some vendors offer a
“canned” piece of software that is rigid and cannot easily be adapted to your
specific business. No two businesses are exactly alike and so it is important to
find a system that is able to adapt to your unique needs.
However, implementing a completely customized solution is also not the best
approach. Ultimately you want a balance of both built-in functionalities specific
to your business and industry, and flexibility through customization.
12. Artificial Intelligence Within ERP Systems
AI allows ERP vendors to improve ERP systems using machine learning and
natural-language interfaces. The AI in ERP systems provides actionable data
insights enabling companies to improve their operational efficiency
A good example of an AI-driven ERP solution is SAP Leonardo, which
includes a number of microservices integrated with a cloud platform. Oracle
also has introduced a number of AI-based tools for its ERP solutions, including
digital assistants, advanced access and financial controls, and smart supply
management
13. Company History and Current Standing
• Look at a company’s history to determine viability. The longer they have been
around the better – keeping in mind that ERP software has only been around
since 1990. Also, bigger is not always better as large companies have been
known to dump software products fairly frequently, forcing upgrades or
software upheavals. Instead, look at the company’s success stories, determine
the frequency of updates and be sure that the company is constantly adding to
the system instead of winding it down. And better yet – talk to it’s customers.
• In summary, the best way to compare ERP software is to review the following:
(1) software tier, (2) deployment method – cloud vs. on-premises, (3) the sales
team, consultants, support staff, developers and management of each
solution, (4) the cost, (5) the ability to customize the system, and (6) each
software vendors company history and current standing – is the software in
question still being developed and updated?
14. How to Evaluate ERP Vendors
• Customer Satisfaction
• One of the best ways to get an accurate picture of how a vendor treats its
customers after making the sale is, logically enough, by speaking with current
customers. Try to speak with multiple references in your industry or those who
have similar business processes, and perform background research on the
vendor’s implementation history.
• Sales Process
• Sales processes often vary significantly from one vendor to the next, but some
red flags can be raised during the process. Do they truly understand your
business needs? Have they been rushing you to a demo without adequate
preliminary discussions to find out your needs? Purchasing software is a large
investment and should be treated as such. It is not a decision that should be
made hastily.
15. • Support
• Support can sometimes be the deciding factor when it comes to choosing between
vendors. Some vendors may provide 24-hour support and international support in
multiple languages where others may not. However, larger businesses with 24-hour
support often outsource this process, decreasing personalization. Weigh the pros
and cons of personalized support vs 24-hour support.
• Costs
• ERP software costs should be somewhat similar across comparable vendors. If one
system seems to be significantly less expensive than the rest, further information
should be gathered to determine why this is. Are similar components included? Are
some costs hidden in the fine print? Is the implementation and training process less
thorough or more restrictive? Watch for deceptive tactics sometimes employed to
close a sale — often through low-balling or providing inaccurate cost information.
19. TIER 1:
1. The Tier 1 ERP solutions are basically SAP andOracle
2. They are designed to service the needs of Fortune 1000 companies, which
for the most part are complex, large businesses that have many departments
and global locations
3. Revenues are typically in measured in billions
4. Tier 1 ERP solutions generally take a long time to implement and are
equipped with a wealth of features at a pretty high price.
20. TIER 2
• 1. Tier 2 ERP systems fit well with mid-size companies
• They can be installed and supported by local partners and offer a lower
• Total Cost of Ownership
• 3. The Tier 2 market is the largest of all the tiers in terms of the number of
potential customers
21. TIER 3
1. These products do not offer the functionality of Tier 1 and 2 solutions
2. We get basic accounting abilities with these small business tools.
3. They have a low TCO and are easy to implement.
22. Cloud ERP with AI and Machine learning
Amazon has successfully partnered with automotive manufacturers and has
the most design wins as of today.
They could easily replicate this success with machinery manufacturers.
23. ERP Pricing and the Cloud
• ERP has been around as a software category since the late 1990s. In that
time, it's evolved in a number of important ways, most notably that many have
become cloud-enabled. The benefit to customers here boils down primarily to
cost and scalability.
• Because ERP systems are modular, traditional ERP systems often required
multiple servers to fully function. There may be one server for the financial
module, one for the back-end database, one for the inventory management
system, and so on. Now tack on redundant servers for reliability and increased
performance and you're soon looking at a hardware and infrastructure price
tag that can exceed the cost of the software. To market this technology
effectively to SME customers, vendors are using the cloud to power their
solutions and the Software-as-a-Service (SaaS) model to deploy it.
24. • That means customers have very little (often zero) upfront hardware costs—all of the
servers are in the cloud. That can be a huge reduction in overall total cost of
ownership (TCO) of an ERP solution. But, as an added bonus, this deployment model
also allows for immediate and highly cost-effective scalability. If your business runs a
web retail operation, it might opt for an e-commerce module in its ERP solution. But
during the holiday season, traffic through the e-commerce system might spike. In a
traditional infrastructure setup, that company would need to purchase extra servers
and configure them as redundant clusters to handle that increased traffic. Then, when
the holidays are over, those servers would simply be shut off and the company would
have to eat the cost of an unused hardware investment. Via the cloud, customers can
simply spin up new servers in the cloud to handle this increased load, pay for use
only during the holiday period, and then dissolve them once the holidays are over
(thus paying only for what they need when they need it).
25. Featured ERP Software
• Oracle NetSuite OneWorld
• Pros: Solid customer relationship management features. Broad enterprise
resource planning features apply to wide variety of businesses. Excellent
drilldown capabilities from several system views. Simple reporting. Custom
process workflows. Easily navigable, hierarchical dashboards.
• Cons: Confusing help system. Difficult to configuring system for specific roles.
Broad but complex feature set.
• Bottom Line: Oracle NetSuite OneWorld is written for the cloud, focusing on
ease of use and modularity. It is a solid financials platform that can be easily
expanded to meet other business needs simply by buying additional
functionality through the cloud.
26. Acumatica Review
• Pros: On-premises or cloud deployment. Robust amount of costing methods.
Works on many databases. Solid reporting. Non-user-based pricing
accommodates growing companies. Browser-based app makes it easy to use
mobile devices. Navigation is easy.
• Cons: Estimating licensing costs can be difficult. Standard report filters may
need customizing. Reliance on third-party add-ons needed if implementing
ERP for companies outside the manufacturing/distribution vertical. Unusual
pricing structure.
• Bottom Line: Acumatica's intuitive design, enterprise scalability, and flexible
pricing model help make Acumatica an excellent choice for enterprise
resource planning, general ledger accounting, and inventory management.
27. Open Systems Traverse
• Pros: Deep dashboard drilldown. Full suite of ERP creation modules. Good
documentation and Help screens. Available in-house or hosted. Includes
Working Trial Balance report. Screen, forms, and reports customization. Easy
hosted mobile access.
• Cons: No Flowchart/Process navigation. Setting up data entry and reports is
somewhat complex.
• Bottom Line: While Open Systems Traverse is one of the oldest players in
the space, it actually shows its age in areas like UI design. Still it's a solidly
capable mid-tier financial platform that's well worth a look
28. SAP Business One Professional
• Pros: Extensive customization available. Underlying SAP HANA database
allows for complex business analytics. Microsoft SQL Server also available.
Includes Crystal Reports for custom reporting. Can handle multiple currencies.
Benefits administration module. Excellent documentation.
• Cons: Initial configuration and installation usually requires partner or
expensive Value Added Reseller (VAR). Extensive customization necessary.
Only supports Mozilla Firefox browser; testing failed. Ancillary system
applications such as HR have pared-down feature sets.
• Bottom Line: SAP Business One Professional has good features and
flexibility overall, but is designed as an "old school" enterprise resource
planning (ERP) platform. It may be too complex for many users especially
small to midsize businesses (SMBs).
29. Sage 300
• Pros: Mobile access from multiple operating systems using Google Chrome.
CRM available in the 300 product line. Easily changeable dashboard widgets.
Customizable, ribbon-based navigation menus.
• Cons: Payroll and inventory unavailable as 300 components. No hard
timetable for adding modules. No flowchart/process navigation. Limited
dashboard widgets on screen. Missing drill-down or navigation capability.
• Bottom Line: Sage 300 is a mid-range accounting and enterprise resource
planning (ERP) software solution that is easy to use. But its functionality and
expansion modules are limited, and it lags slightly behind the competition in
drill-down and customization features.
30. Microsoft Dynamics 365 for Finance and Operations
• Pros: The Business edition offers extended capabilities and features. Can
produce sales estimates and invoices in Microsoft Outlook, which is reflected
in the accounting system automatically. Launch screen offers a clear view of
critical key performance indicators, open items, and company data, including a
summary trial balance. Very tight Office 365 integration.
• Cons: Lacks comprehensive customer relationship management,
payroll/human resources, and project management features. Only available in
US and Canada. Only inventory costing method is FIFO. Process flowchart
navigation is lacking.
• Bottom Line: Microsoft Dynamics 365 for Finance and Operations, Business
Edition is a cloud-based accounting system that's tightly integrated with Office
365 and other Microsoft cloud applications. It's a solid offering that's easy to
navigate, but some small to midsize businesses may find it lacks particular
features they need.
31. CONCLUSION
An ERP system has a huge impact on the success and growth of organization so
it's important to follow a detailed selection process when choosing your system.
Manufacturing growth today is being empowered by ERPsoftware.
In fact, ERP is driving manufacturing growth in four keyways: Collaboration,
Responsiveness, Simplicity, Mobility
32. CONCLUSION
Deployment Method-This will impact on cost of installation and resources needed.
For smaller business, cloud based solution tends to be better.
The People behind the Software
The Price
Meeting Your Needs (Customization and Software Fit)
Company History and Current Standing