Global ERP aims to integrate a company's operations onto a single ERP system and database. This allows standardization of processes, consolidation of IT costs, and improved management visibility. However, achieving true global ERP faces impediments including disagreement on standards, resistance to change, and implementation challenges. Selecting software flexible enough to support global needs and using a phased approach can help overcome barriers to achieving the benefits of global ERP.
The document discusses how companies are extending their ERP implementations beyond core functionality. It finds that while ERP vendors have expanded their offerings, integrating extensions remains an important consideration. The top factors for ERP vs. best-of-breed decisions are functionality, integration, and impact on upgrades. Most companies purchase extensions from their ERP vendor for easier integration. Large companies consider similar criteria as small companies but may choose separate vendors for some extensions.
Erp articles compilation by salman hanzalaSalman Hanzala
The document provides information about Enterprise Resource Planning (ERP) software. It defines ERP as software that allows organizations to integrate business processes across departments like manufacturing, sales, accounting, and human resources. The document discusses the history of ERP, outlines common ERP modules like supply chain management, customer relationship management, and financial management. It also examines current ERP technologies like deeper integration between systems, mobile ERP accessible on smartphones and tablets, and the rising popularity of cloud-based ERP systems.
ERP a research & study paper by ejaz ahmed bhattiEjaz Bhatti
1) Enterprise Resource Planning (ERP) systems aim to integrate all departments and functions across a company onto a single computer system that can serve all those different departments' particular needs.
2) ERP systems evolved from earlier systems like MRP and MRP II that focused only on manufacturing and production planning. Modern ERP systems encompass many business functions including finance, human resources, customer relationship management, and more.
3) Key components of ERP systems include centralized databases that can be accessed in real-time by employees and sometimes also customers and suppliers. ERP systems also aim to standardize business processes across a whole organization.
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.
Introduction
ONE: WHAT WAS ERP?
TWO: WHY ARE WE CHANGING FROM ERP TO BUSINESS MANAGEMENT SOLUTIONS?
THREE: THE CHALLENGES OF CHANGING A GENRE CONCLUSION
SAP, Oracle, MS Dynamics. Market share and KPIsVladimir Ivanov
The document provides a summary of an independent report that compares the three major enterprise software vendors: SAP, Oracle, and Microsoft Dynamics. It outlines their histories and core product offerings. Key findings from the report include:
1) SAP has the largest market share at 22% based on survey responses, followed by Oracle at 15% and Microsoft Dynamics at 10%.
2) SAP is the most commonly short-listed vendor but Oracle and Microsoft Dynamics have higher selection rates when short-listed.
3) On average, Oracle implementations take 18 months to complete, two months longer than planned, while SAP and Microsoft Dynamics take 17 and 13 months respectively, two months longer than planned.
Is your erp doing well to your businessCeline George
Is your ERP doing well to your business? This blog defines you the key signs that signify it’s time for your business to move to another ERP framework.
The document discusses how companies are extending their ERP implementations beyond core functionality. It finds that while ERP vendors have expanded their offerings, integrating extensions remains an important consideration. The top factors for ERP vs. best-of-breed decisions are functionality, integration, and impact on upgrades. Most companies purchase extensions from their ERP vendor for easier integration. Large companies consider similar criteria as small companies but may choose separate vendors for some extensions.
Erp articles compilation by salman hanzalaSalman Hanzala
The document provides information about Enterprise Resource Planning (ERP) software. It defines ERP as software that allows organizations to integrate business processes across departments like manufacturing, sales, accounting, and human resources. The document discusses the history of ERP, outlines common ERP modules like supply chain management, customer relationship management, and financial management. It also examines current ERP technologies like deeper integration between systems, mobile ERP accessible on smartphones and tablets, and the rising popularity of cloud-based ERP systems.
ERP a research & study paper by ejaz ahmed bhattiEjaz Bhatti
1) Enterprise Resource Planning (ERP) systems aim to integrate all departments and functions across a company onto a single computer system that can serve all those different departments' particular needs.
2) ERP systems evolved from earlier systems like MRP and MRP II that focused only on manufacturing and production planning. Modern ERP systems encompass many business functions including finance, human resources, customer relationship management, and more.
3) Key components of ERP systems include centralized databases that can be accessed in real-time by employees and sometimes also customers and suppliers. ERP systems also aim to standardize business processes across a whole organization.
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.
Introduction
ONE: WHAT WAS ERP?
TWO: WHY ARE WE CHANGING FROM ERP TO BUSINESS MANAGEMENT SOLUTIONS?
THREE: THE CHALLENGES OF CHANGING A GENRE CONCLUSION
SAP, Oracle, MS Dynamics. Market share and KPIsVladimir Ivanov
The document provides a summary of an independent report that compares the three major enterprise software vendors: SAP, Oracle, and Microsoft Dynamics. It outlines their histories and core product offerings. Key findings from the report include:
1) SAP has the largest market share at 22% based on survey responses, followed by Oracle at 15% and Microsoft Dynamics at 10%.
2) SAP is the most commonly short-listed vendor but Oracle and Microsoft Dynamics have higher selection rates when short-listed.
3) On average, Oracle implementations take 18 months to complete, two months longer than planned, while SAP and Microsoft Dynamics take 17 and 13 months respectively, two months longer than planned.
Is your erp doing well to your businessCeline George
Is your ERP doing well to your business? This blog defines you the key signs that signify it’s time for your business to move to another ERP framework.
The 12 cardinal sins of erp implementationPoonam pandey
Introduction
Enterprise Resources Planning (ERP) is an outgrowth of Product Requirements Planning (MRP) initiated in the 1970's as a new computer-based technique to planning and scheduling of material requirements and inventory, featuring the time-phased order point. MRP developed to MRP II (Material Resources Planning) the "closed loop" procedure, to Business Requirements Planning (BRP) and eventually to ERP. As MRPII entered into vogue in the late 1970's and early 1980's, software companies began to establish software packages around MRPII principles.
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
This document discusses the need for ERP systems to move from tightly coupled architectures to more loosely coupled, agile architectures. It outlines several trends driving this change, including demands from business units for more flexible, domain-specific solutions. The challenges of integrating these new systems into the existing ERP core are also examined. Finally, the document provides recommendations for organizations to develop a more agile ERP approach through defining objectives, roadmapping transformations, adopting mature technologies, standardizing integration patterns, simplifying processes, and prototyping emerging technologies.
The CIO is facing pressure to resolve issues with the company's ERP system's inability to effectively manage orders. The ERP system lacks the flexibility and capabilities needed for tasks like accommodating new products, orchestrating complex global orders, and integrating new e-commerce sites. A new order management solution called EDGE is proposed that can be deployed quickly via SaaS or on-premise models, integrates easily with the existing ERP system, and provides the advanced order management functionality required by sales, marketing, and other groups. EDGE has enabled other companies to address their ERP shortcomings and improve key metrics like order rework rates and customer satisfaction.
What Is ERP
ERP includes "Enterprise Resource Planning". For ERP, we can state that an information system in which all information and organizational procedures are incorporated into a single point. In general, ERP programs include a variety of components, consisting of software and hardware. Many ERP systems utilize a combined database to keep data from various functions that they can integrate within the enterprise.
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.
This document provides a summary of key considerations for choosing and implementing an ERP system. It discusses the value of ERP systems in integrating business processes and providing real-time data. It also compares on-premise versus cloud-based ERP solutions, noting advantages of cloud solutions like lower costs, automatic updates, mobility, and scalability. The document provides questions for evaluating different ERP options and identifies factors that indicate a business could benefit from a cloud-based ERP system.
Why is Org Strategy important, what are the possible org patterns and what are some of the benefits and challenges to consider? This 12-page long white paper describes different org existence models, trade-offs, design best practices, and assessment approach. Please leave your comments.
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.
The document discusses enterprise resource planning (ERP) software. It defines ERP as software that integrates all departments and functions of a business. The document then provides details on ERP modules for various business functions, such as product lifecycle management, inventory management, production planning and quality control. It also discusses the benefits of ERP software, such as cost savings, improved efficiency and customer satisfaction.
The document compares cloud ERP systems to on-premise ERP systems. It notes that upgrades can disrupt business for on-premise systems, taking time and resources. However, cloud ERP systems like NetSuite allow for automatic upgrades that are faster and less disruptive. The cloud system ensures access to the latest features without needing to make a strong case for an upgrade or dedicating extensive time and resources to the process.
Parallels Remote Application Server (RAS) allows organizations to support a remote workforce by enabling employees to access applications and data from any device. It provides a superior user experience across different operating systems and platforms. Parallels RAS also enhances data security with policies that limit access based on user permissions and devices. It helps reduce IT expenditures and total cost of ownership compared to other solutions.
Traditionally accounting has been treated as one of the dull and unexciting aspect of a business. However, as the business evolves the accounting department will become arguably one of the most important components in the success of that business. Accountants are perfectly positioned to be some of the most valuable informational resources in a company. They know the ins and outs of how the organization operates and are intimately acquainted with the organization’s current and projected financial position. It is critically important for the financial health of an organization to provide the accounting team with the tools they need in order to effectively monitor these factors.
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
A Comparison of Cloud based ERP SystemsNakul Patel
This document provides a comparison of 7 major cloud-based ERP software packages (Plex Online, NetSuite, Epicor, Infor, SAP Business ByDesign, Microsoft Dynamics, Oracle) by describing their features, pricing, support, and modules. It analyzes the advantages of cloud-based ERP systems like reduced costs, improved scalability, and faster implementation compared to on-site ERP. Common ERP modules discussed include finance, supply chain, manufacturing, materials management, sales, project management, CRM, and HRM.
This document provides an overview of Enterprise Resource Planning (ERP) systems from Oracle and SAP, the leading ERP vendors. It defines ERP and discusses top trends like mobile and social ERP. It profiles Oracle and SAP as major ERP vendors and describes their cloud-based ERP solutions, including Oracle Financials Cloud, Oracle's Procurement Cloud, and Oracle Project Portfolio Management Cloud. The document outlines the qualifications and experience of the author in implementing Oracle and SAP ERP systems.
This document discusses the benefits of cloud computing for finance organizations. It notes that most mid-sized businesses are running outdated versions of their on-premise ERP systems due to the difficulty of upgrades. Cloud ERP solutions allow automatic upgrades to the latest version without customization issues. The key benefits identified are lower total cost of ownership through reduced IT costs, anytime access to data from any device, and easier upgrades. Common concerns about cloud solutions like security, data ownership and customization are addressed. Overall, cloud ERP is argued to provide better security, availability and innovation than traditional on-premise models through vendor economies of scale and specialization.
Enterprise resource planning (ERP) software integrates core business processes across an organization. It allows companies to use a single system for functions like product development, manufacturing, sales, marketing, customer relationship management, finance, human resources and more. ERP implementation is important for streamlining processes, improving collaboration, gaining efficiencies and compliance. Companies must choose between cloud-based or on-premise ERP systems which have tradeoffs in areas like scalability, costs, customization and mobility. Leading ERP providers include Microsoft Dynamics and Profitty which offer solutions tailored for different industries.
The 12 cardinal sins of erp implementationPoonam pandey
Introduction
Enterprise Resources Planning (ERP) is an outgrowth of Product Requirements Planning (MRP) initiated in the 1970's as a new computer-based technique to planning and scheduling of material requirements and inventory, featuring the time-phased order point. MRP developed to MRP II (Material Resources Planning) the "closed loop" procedure, to Business Requirements Planning (BRP) and eventually to ERP. As MRPII entered into vogue in the late 1970's and early 1980's, software companies began to establish software packages around MRPII principles.
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
This document discusses the need for ERP systems to move from tightly coupled architectures to more loosely coupled, agile architectures. It outlines several trends driving this change, including demands from business units for more flexible, domain-specific solutions. The challenges of integrating these new systems into the existing ERP core are also examined. Finally, the document provides recommendations for organizations to develop a more agile ERP approach through defining objectives, roadmapping transformations, adopting mature technologies, standardizing integration patterns, simplifying processes, and prototyping emerging technologies.
The CIO is facing pressure to resolve issues with the company's ERP system's inability to effectively manage orders. The ERP system lacks the flexibility and capabilities needed for tasks like accommodating new products, orchestrating complex global orders, and integrating new e-commerce sites. A new order management solution called EDGE is proposed that can be deployed quickly via SaaS or on-premise models, integrates easily with the existing ERP system, and provides the advanced order management functionality required by sales, marketing, and other groups. EDGE has enabled other companies to address their ERP shortcomings and improve key metrics like order rework rates and customer satisfaction.
What Is ERP
ERP includes "Enterprise Resource Planning". For ERP, we can state that an information system in which all information and organizational procedures are incorporated into a single point. In general, ERP programs include a variety of components, consisting of software and hardware. Many ERP systems utilize a combined database to keep data from various functions that they can integrate within the enterprise.
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.
This document provides a summary of key considerations for choosing and implementing an ERP system. It discusses the value of ERP systems in integrating business processes and providing real-time data. It also compares on-premise versus cloud-based ERP solutions, noting advantages of cloud solutions like lower costs, automatic updates, mobility, and scalability. The document provides questions for evaluating different ERP options and identifies factors that indicate a business could benefit from a cloud-based ERP system.
Why is Org Strategy important, what are the possible org patterns and what are some of the benefits and challenges to consider? This 12-page long white paper describes different org existence models, trade-offs, design best practices, and assessment approach. Please leave your comments.
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.
The document discusses enterprise resource planning (ERP) software. It defines ERP as software that integrates all departments and functions of a business. The document then provides details on ERP modules for various business functions, such as product lifecycle management, inventory management, production planning and quality control. It also discusses the benefits of ERP software, such as cost savings, improved efficiency and customer satisfaction.
The document compares cloud ERP systems to on-premise ERP systems. It notes that upgrades can disrupt business for on-premise systems, taking time and resources. However, cloud ERP systems like NetSuite allow for automatic upgrades that are faster and less disruptive. The cloud system ensures access to the latest features without needing to make a strong case for an upgrade or dedicating extensive time and resources to the process.
Parallels Remote Application Server (RAS) allows organizations to support a remote workforce by enabling employees to access applications and data from any device. It provides a superior user experience across different operating systems and platforms. Parallels RAS also enhances data security with policies that limit access based on user permissions and devices. It helps reduce IT expenditures and total cost of ownership compared to other solutions.
Traditionally accounting has been treated as one of the dull and unexciting aspect of a business. However, as the business evolves the accounting department will become arguably one of the most important components in the success of that business. Accountants are perfectly positioned to be some of the most valuable informational resources in a company. They know the ins and outs of how the organization operates and are intimately acquainted with the organization’s current and projected financial position. It is critically important for the financial health of an organization to provide the accounting team with the tools they need in order to effectively monitor these factors.
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
A Comparison of Cloud based ERP SystemsNakul Patel
This document provides a comparison of 7 major cloud-based ERP software packages (Plex Online, NetSuite, Epicor, Infor, SAP Business ByDesign, Microsoft Dynamics, Oracle) by describing their features, pricing, support, and modules. It analyzes the advantages of cloud-based ERP systems like reduced costs, improved scalability, and faster implementation compared to on-site ERP. Common ERP modules discussed include finance, supply chain, manufacturing, materials management, sales, project management, CRM, and HRM.
This document provides an overview of Enterprise Resource Planning (ERP) systems from Oracle and SAP, the leading ERP vendors. It defines ERP and discusses top trends like mobile and social ERP. It profiles Oracle and SAP as major ERP vendors and describes their cloud-based ERP solutions, including Oracle Financials Cloud, Oracle's Procurement Cloud, and Oracle Project Portfolio Management Cloud. The document outlines the qualifications and experience of the author in implementing Oracle and SAP ERP systems.
This document discusses the benefits of cloud computing for finance organizations. It notes that most mid-sized businesses are running outdated versions of their on-premise ERP systems due to the difficulty of upgrades. Cloud ERP solutions allow automatic upgrades to the latest version without customization issues. The key benefits identified are lower total cost of ownership through reduced IT costs, anytime access to data from any device, and easier upgrades. Common concerns about cloud solutions like security, data ownership and customization are addressed. Overall, cloud ERP is argued to provide better security, availability and innovation than traditional on-premise models through vendor economies of scale and specialization.
Enterprise resource planning (ERP) software integrates core business processes across an organization. It allows companies to use a single system for functions like product development, manufacturing, sales, marketing, customer relationship management, finance, human resources and more. ERP implementation is important for streamlining processes, improving collaboration, gaining efficiencies and compliance. Companies must choose between cloud-based or on-premise ERP systems which have tradeoffs in areas like scalability, costs, customization and mobility. Leading ERP providers include Microsoft Dynamics and Profitty which offer solutions tailored for different industries.
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.
An ERP system integrates various business processes like inventory, order management, accounting, human resources and customer relationship management into a single system. Cloud ERP solutions provide various benefits over on-premise systems like lower costs, easier upgrades, mobility, flexibility and scalability. Businesses are moving to Cloud ERP for cost savings, flexibility, mobility, automatic updates, security and compliance. The document examines factors to consider when choosing between on-premise and cloud ERP and concludes that cloud ERP now provides opportunities for businesses of all sizes.
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
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
Understanding the then and now of Enterprise Management Systems.pdfAnil
Enterprise Management Systems (EMS), also known as Enterprise Resource Planning (ERP) systems, have evolved significantly over the years. Understanding the "then" and "now" of EMS can provide insights into the transformation of business processes and technology.
The document provides tips for achieving a successful ERP implementation:
1. Remember you are buying business processes, not just software, and must implement the vendor's out-of-the-box processes.
2. Check any cloud fine print to understand pricing and support relationships.
3. Get all stakeholders on the same team to avoid cost overruns and delays.
4. Involve users early to develop an accurate project plan and avoid post-implementation issues.
5. Track potential benefits to ensure you achieve expected cost savings and revenue gains.
6. Seek objective advice from industry experts and peers to validate your selection and approach.
Taking Advantage of R12 Functionality with a Single Chart of Accounts and a S...eprentise
Oracle describes R12 as "the global business release," and much of the focus has been on improving the ability of EBS to better manage complex global businesses, especially where organizations are centralizing their applications into a shared service environment. Some of the key enhancements include the introduction of a Common Accounting Engine with Subledger Accounting (SLA) and Multi-Org Access Control (MOAC). This article examines how to best use a single chart of accounts and a single instance to leverage R12 functionality to meet the globalization challenges.
View the original Blog post: http://www.eprentise.com/blog/r12/taking-advantage-of-r12-functionality-with-a-single-chart-of-accounts-and-a-single-instance/
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Ensure your data is Complete, Consistent, and Correct by using eprentise software to transform your Oracle® E-Business Suite.
Enterprise Resource Planning (ERP) systems integrate data and processes across an organization into a unified system using a shared database. ERP aims to standardize, streamline, and integrate diverse operations and information flows. Key benefits include improved productivity, quality, and competitiveness through optimization of resources and processes. However, ERP also faces limitations such as high costs, risk of loss of competitive advantage from process re-engineering, and dependence on proper training and use of staff.
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.
The document discusses new functionality in Oracle E-Business Suite Release 12 that allows companies to streamline operations and financial reporting. Key features highlighted include the use of ledgers and ledger sets to consolidate sets of books into a single instance and chart of accounts, enabling automated cross-ledger transaction posting and consolidated financial reporting. Additionally, multi-org access controls allow centralized management of customers, suppliers, and processes across operating units from a single global instance.
Release 12 of Oracle E-Business Suite allows companies to streamline their global operations through new functionality. It introduces Subledger Accounting and Multi-Org Access Controls which allow businesses to consolidate sets of books into a single ledger and instance. This provides automated financial reporting and enhances controls across operating units. Release 12 reduces the complexity of global financial operations through a common accounting engine and standardized rules.
This document provides guidance for CFOs considering moving an organization's ERP system to the cloud. It begins with definitions of cloud computing models and terms. It then discusses potential benefits of cloud ERP, such as cost savings, improved scalability, and enhanced security. Common concerns with cloud ERP are also addressed, like data security, ownership, and control. The document provides 35 questions for CFOs to consider in evaluating cloud vendors and solutions to understand related costs, capabilities, risks and flexibility.
Similar to White papers why and how to achieve global erp (20)
4 best practices_using finance applications for better process efficienciesKaizenlogcom
The document discusses the need for modern financial applications to improve process efficiencies and data accuracy for CFOs facing increasing demands. It outlines challenges such as legacy systems relying on manual data entry and inability to access timely and comprehensive data. The document then provides best practices for identifying financial applications including regularly assessing legacy systems, focusing on automation and integration, considering cloud-based systems, using single integrated systems, and automating the financial close process. Implementing appropriate applications can result in immediate impacts like accelerated ROI, greater productivity, improved reporting and analysis, stronger financial controls, and a more responsive finance team.
Infor CloudSuite Corporate is a cloud-based ERP solution that provides financial management, procurement, human resources management, and analytics capabilities. It aims to help companies modernize their business operations with a flexible system that offers lower costs than traditional on-premise ERP through benefits like automatic upgrades, mobile access, and reduced IT workload. The solution claims to improve productivity, cost savings, and growth opportunities for organizations through its unified platform.
White papers selecting erp for oil and gas industry contractors and vendorsKaizenlogcom
This whitepaper discusses enterprise resource planning (ERP) software options for contractors and vendors serving the oil and gas industry. It notes the industry is facing cost pressures and demands for greater accountability. It recommends ERP systems that can harmonize processes, standardize quality practices, and provide real-time risk management across engineering, fabrication, project management and aftermarket services. Specifically, it suggests ERP features important for different business models, such as project planning for engineering, procurement, construction contractors, and integrated engineering and purchasing for complex manufacturers.
White papers why and how to achieve global erpKaizenlogcom
Global ERP aims to integrate a company's operations onto a single ERP system and database. This allows standardization of processes, consolidation of IT costs, and improved management visibility. However, achieving true global ERP faces impediments including disagreement on standards, resistance to change, and implementation challenges. Selecting software flexible enough to support global needs and using a phased approach can help overcome barriers to achieving the benefits of global ERP.
White papers selecting erp for performance based logistics contractingKaizenlogcom
This document discusses the requirements for suppliers to take on performance-based logistics (PBL) contracts with the Department of Defense. PBL contracts shift traditional defense supply chain and maintenance functions to suppliers, who are then paid based on guaranteed levels of system performance. To succeed with PBL contracts, suppliers will need business systems that can handle the ongoing maintenance and support services required over the life of the contracts, which can last decades. Specifically, suppliers' ERP systems may need to integrate additional modules for predictive maintenance, risk management, and service management. Legacy ERP systems designed for manufacturing may not have the necessary maintenance functionality or ability to separate government data to meet PBL contract requirements.
YouGov, an international market research firm, implemented NetSuite's cloud-based ERP system to help integrate acquired companies and multiple subsidiaries into a single environment. With NetSuite's automatic cloud upgrades, YouGov avoids the fragmented upgrades of on-premise systems that waste time and resources. NetSuite provides YouGov with a complete and single view of its business without disruptions from upgrading. YouGov increased revenues 53% while adding just six staff, and accelerated its annual budget cycle by two weeks with NetSuite's always up-to-date integrated platform.
The document compares cloud ERP systems to on-premise ERP systems. It notes that upgrades can disrupt business for on-premise systems, taking time and resources, while cloud ERP systems like NetSuite provide automatic upgrades that eliminate these problems. The guide outlines issues companies face when upgrading on-premise systems, such as lengthy upgrades, lack of new features, disruption to operations, costly customization migration, and integration challenges, and how NetSuite's cloud solution addresses these issues through automatic updates, instant access to new features, no additional resources needed for deployment, automatic customization migration with each upgrade, and prebuilt integration with other systems.
A real time comprehensive view of your businessKaizenlogcom
NetSuite provides an integrated cloud-based software suite that allows businesses to gain a real-time comprehensive view of their operations. The software integrates ERP, CRM, HR and other functions on a single database, providing end-to-end visibility of processes. It can be easily deployed in new countries and customized as needed. NetSuite also ensures disaster recovery and business continuity with daily backups and secure servers in the cloud. Customer testimonials highlight how NetSuite improves efficiency, supports growth, and provides real-time visibility across organizations.
Ctac wanted to support its customers' business process innovations with a robust, in-memory cloud solution to provide real-time insights. Ctac deployed SAP HANA on IBM Power Systems to create a new cloud offering for in-memory processing. This solution provides reliable services with less operational support required and allows Ctac to help companies take advantage of real-time analytics.
This technical white paper evaluates how SAP HANA's in-memory database improves cold start performance and quality of service on IBM Power Systems when using IBM Non-Volatile Memory Express adapters. It finds that NVMe significantly accelerates performance ramp-up time after database reactivation by providing very low latency and high read bandwidth. A sample configuration using RAID100 with NVMe in parallel with traditional storage delivers increased resiliency without negatively impacting database read performance.
This document discusses how IBM Power Systems can provide benefits for businesses running SAP HANA and S/4HANA. It identifies four types of businesses that can benefit: 1) those with HANA appliances needing refresh, 2) those on commodity architecture moving to HANA, 3) those with traditional databases and SAP applications on Power Systems, and 4) those on Power Systems not currently using SAP. Power Systems provides flexibility, resiliency, and performance advantages for HANA workloads. It allows for workload consolidation and more efficient scaling. The document argues Power Systems is well-suited for the data-intensive needs of HANA and S/4HANA environments.
Ecogas is replacing its legacy commercial systems with SAP for Utilities running on SAP HANA to prepare for growth in Argentina's natural gas market. Migrating to IBM Power8 servers accelerated payment processing by 73% and compliance reporting by 83%. Implementing SAP HANA is expected to provide even greater performance boosts and enable deeper analytics of customer energy usage and payments.
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2. CONTENT
WHY ACHIEVE GLOBAL ERP?........................................................................................ 1
NO SHORTAGE OF IMPEDIMENTS.................................................................................. 2
STOPGAP MEASURES................................................................................................... 4
CONCLUSION: SELECTION AND IMPLEMENTATION......................................................... 4
ABOUT IFS .................................................................................................................. 6
3. 1
WHY AND HOW TO ACHIEVE GLOBAL ERP
WHY AND HOW TO ACHIEVE
GLOBAL ERP
BY DAN MATTHEWS, CTO
IFS AB
In decades past, only the largest organizations needed to worry about managing a
business across multiple locations, countries or continents. Today, even traditional
mid-market companies are becoming global enterprises. But they lack the expansive
IT organizations and structures of traditional, large scale multinationals.
This means that more and more companies are developing an interest in global
ERP, and are confronting daunting barriers to getting to their goal of a single global
ERP instance. They want to achieve the cost savings and simplicity that come from
operating far-flung business units on a single database, on a single instance of ERP.
Global enterprise resource planning (ERP) is sometimes defined as the integration
of a global, multinational corporation’s business on a single instance of an ERP
product and on a single database. That definition is probably too narrow for many
situations because companies with multiple sites or divisions within a single country
may face many of the same challenges as a multinational, and can also benefit from
standardizing on a single ERP instance.
In this white paper, we will explore the challenges and benefits of achieving
global ERP, and take a close look at why some companies that would very much like
to get to that global instance of ERP just cannot get there.
WHY ACHIEVE GLOBAL ERP?
There are really two reasons so many companies would very much like to get to a
global instance of ERP. The most universal reason is that consolidation of enterprise
software and associated hardware and human resources can drive down overall IT
cost. It is costly to run multiple enterprise software applications with multiple license
agreements, different support agreements in different countries and different hard-
ware. From a cost standpoint, global ERP allows consolidation of these IT resources
in one location where you can build centers of excellence, consolidate license manage-
ment and achieve more negotiating leverage with vendors.
To achieve many of these cost efficiencies, it is not necessary to run on a common
database, but rather run out of a common data center. An alternative strategy (which
we support these days by deploying IFS Applications on Windows Azure) is to deploy
into a globally standardized cloud service. Then you have the same agreements for
licensing and management regardless of where geographically the instance is actually
located.
4. 2
WHY AND HOW TO ACHIEVE GLOBAL ERP
But over and above IT resource consolidation, global ERP can allow for process
consolidation across far flung and diverse business interests in different geographies.
Running the same instance of an enterprise application is one way to ensure that
consistent processes are being used to achieve consistent quality results. In fact, quite
often the main driver for single instance is to force alignment of business practices
across different countries or divisions. It also allows for efficiencies across a global
organization by eliminating things like duplicate part numbers and streamlining
intra-company transactions.
The global instance also provides senior management with enhanced visibility and
control of the organization by standardizing on one data model across all enterprises
and entities. The company can serve customers better once it can refer to a customer
by a single customer number no matter what geography they are in.
So simply put, achieving global ERP is one way for a senior management team to
drive down cost while driving up business value.
NO SHORTAGE OF IMPEDIMENTS
As is the case with any worthwhile venture, there are different challenges to over-
come when moving toward that single global ERP instance. The greater the degree
of consolidation, the greater the benefit and the greater the challenge, with the
ultimate gold standard being consolidation of IT assets down to a single enterprise
application release and a single database that supports the entire enterprise, typically
through multi-company or multi-site views.
Sometimes the ideal solution may turn out to be a single data center with a couple
of different databases but one application code where you can handle different divi-
sions or collections of divisions that have radically different data models and are dif-
ficult to consolidate on the database level. But at the very least, the goal ought to be
consolidating down to a very small number of databases and data models and a sin-
gle application instance—or a couple of application instances at most—that support
all of your different operations.
Five to 10 years ago, when we talked a lot about global single instance, the technol-
ogy was there to support it, but only in major cities in developed countries around
the world. While it requires careful planning, at this point, a company can get the
bandwidth with maximum latencies required
to connect users from wherever they are in
the world. Certain parts of the developing
world still have some challenges with connec-
tivity, but most locations where a company
might set up a distribution hub or a manufac-
turing facility, or where a sales manager may
need to access customer relationship manage-
ment (CRM) software, are adequately served.
The global instance also
provides senior management
with enhanced visibility and
control of the organization
by standardizing on one data
model across all enterprises
and entities.
5. 3
WHY AND HOW TO ACHIEVE GLOBAL ERP
Regional barriers including multiple languages, time zones, currencies and units of
measure are typically handled effectively by a modern enterprise software product.
There may be limits to the number of languages and currencies supported by some
products, and that ought to be a factor in selecting ERP for a global instance.
The biggest challenges turn out to be not difficulties with hardware, software or
connectivity, but rather with the people involved in the process.
One concern is whether or not all of your different divisions can agree on a
common set of standards like product nomenclature, customer naming conventions,
customer views and credit management policies across different divisions around the
world. As you move into a single data model, each entity has some ability to make
adjustments to deal with their regional issues, but fundamentally, you are dealing
with similar processes and a common set of master data. From a business standpoint,
this can be a very positive thing, but each division may find it unappealing to, for
instance, renumber hundreds or thousands of parts or restructure some of their
supply chain or remanufacturing data to comply with a new corporate data standard.
In implementation, people resources and software architecture can also be a
barrier to global ERP. While most enterprise software vendors have a certain degree
of global reach, many of them implement through different resellers or partners in
different parts of the world. This can increase project risk and present challenges
when it comes to ensuring consistent processes globally. A vendor with strong global
services teams and strong partnerships with global consultancies will be a more
secure choice. Software architecture also needs to enable a phased implementation.
This allows a management team to implement subsets of the functionality to
address immediate business needs, and roll out additional functionality once the new
processes are fully absorbed by the organization. It also allows them to roll software
out at one or two business units, locations, divisions or countries at a time. This helps
mitigate project risk and limit business disruption. Why bite off more than the organi-
zation can chew if you can cut the global ERP project up into more manageable pieces?
Other impediments are inherent in how the different divisions or entities want to
use the software. Most software today like IFS Applications is highly configurable
and flexible, and can be modeled to conform to various business processes within an
operating unit. But there is often a limit to how much variability you can achieve
with a single instance of an application.
That means that achieving global ERP
requires overcoming some resistance to
change and overcoming resistance to
commonality.
All of these are management problems
rather than software problems, so they can
be overcome by a strong ERP project team
that has solid management backing.
The biggest challenges turn
out to be not difficulties with
hardware, software or
connectivity, but rather with
the people involved in the
process.
6. 4
WHY AND HOW TO ACHIEVE GLOBAL ERP
STOPGAP MEASURES
Sometimes, the variation between business models within an organization and the
different philosophies on how you run the business make getting to that gold
standard of the single instance impractical. If you have two different divisions in
radically different lines of business, asking them to conform to the same types of
interfaces or data exchange frequencies and accept the same software model may
require too much work. In that case, you may want to have a consolidated IT infra-
structure with a couple of data models that can adequately accommodate both of
them.
If you are running a hybrid model where some divisions are on a global system
and others are not, are running the same application suite enterprise-wide but with
different implementation models or have a multi-product strategy where different
divisions are using different enterprise software products, your situation starts to
get a lot more convoluted.
In these cases, you can build front end portals that provide views into these
different applications across the enterprise. One common way to do this is to build a
data warehouse and extract, transform and load data from these diverse applications
to deliver a common view of data from across these multiple applications. This is
done purely for purposes of information consolidation.
While a data warehouse may offer a tool for consolidated reporting and viewing
of data, it can be difficult to achieve from a technical standpoint and a data modeling
standpoint. Differences between how different applications interpret data mean that
certain quantities, part numbers or structures in your disparate systems may be in
different states and therefore must be interpreted differently. What that means is that
when you get that data into the data warehouse, things do not always make sense.
Another downside of using a data warehouse as a substitute for global ERP is that
this is typically a one-way street. You will be pulling data out of your transactional
systems and into your data warehouse, massaging the data along the way. And that
always opens the door for data consistency problems where the
transactional system says one thing and the data warehouse says something slightly
different. So if you do build that, the ability to move backward from the data ware-
house to the source system for auditability must be a consideration.
CONCLUSION: SELECTION AND IMPLEMENTATION
There is a strong business case for moving to a global instance of ERP. Getting to a
single global instance can reduce cost, increase global visibility, accelerate decision-
making and extend standardized, consistent business processes across a geographi-
cally diverse organization.
Selecting an ERP application for a global instance requires that some specific
questions be asked at the beginning of the process. For instance, can the software
7. 5
WHY AND HOW TO ACHIEVE GLOBAL ERP
handle the “multi-multis” ... the multiple currencies, the multiple languages, multiple
units of measure, multiple sites, multiple manufacturing modes or business models,
multiple organizational structures or hierarchy of sites. Lacking this degree of flexi-
bility, it is unlikely that an enterprise software product can satisfy current, much
less future, needs across a global organization. As issues arise in the business, lack-
ing visibility through ERP, management will be blindsided and unable to make a
course correction in time. Or changes affecting the business may require costly
work from systems integrators to get the application to conform to new require-
ments. The ability of an application to handle diversity and agile business operations
is important in order to achieve global ERP.
It is also important to determine how much experience the ERP vendor or systems
integrator has when implementing across multiple geographies. An implementation
organization must know how to navigate not just the IT challenges, but the human
factors of a diverse implementation.
A successful selection and implementation also requires that the implementation
methodology used supports a phased implementation approach. Global ERP is
typically not implemented all at once. Individual countries or sites are implemented
in steps to reduce the disruption of the enterprise. Your enterprise software partner
must not only offer software that is flexible enough to do this, but needs to be
capable of planning your entire global implementation in advance so that you arrive
at a successful global instance even though you will be rolling out one phase at a
time. Your implementation partner needs to guide you through the process so that
you do not implement one or two sites and then find that your configuration is
incompatible with subsequent sites. It is imperative that the implementation plan
address the entire project holistically from the start in order to avoid false starts,
rework, and cost and timeline over-runs.
Selecting an ERP application and implementing a global single instance can be
challenging, but the benefits and return on investment can be considerable.
As the Chief Technology Officer (CTO) at IFS, Dan’s responsibilities encompass researching,
formulating, and communicating the strategic direction for IFS Applications. Matthews leads
the Research & Strategy unit within IFS and manages IFS’s key technology partnerships.
He has held a number of positions within the company, including software engineer and project
manager. Early in his IFS career, Dan played a vital role in the initial development of a graphical
user interface for IFS Applications. Recently, he has been the driving force behind the innovative
IFS Enterprise Explorer user interface and IFS Touch Apps. Dan holds an M.S. degree in
Computer Science and Software Engineering from the Linköping Institute of Technology.