15 Benefits of ERP for Businesses in 2022
If you’re just beginning to consider adopting an ERP system, one of your first questions is likely how this software can help your business. An ERP system serves as a central database for your entire company, offering…
7 Key ERP Implementation Challenges and Risks
An enterprise resources planning (ERP) system can improve business productivity and efficiency by automating processes and providing a centralised source of data for all teams at your company. But an ERP…
Buying an ERP System: Features, Benefits and Reasons You Should
For a business to take advantage of market opportunities, its information must be consistent, accurate, updated in real time and actionable. As businesses grow and operations become more complex, executives often…
Choosing the Right Global ERP System for Your Business
As businesses expand into multiple countries, geographies, and subsidiaries, company leaders need to ensure that their ERP systems are able to support and enhance their new business models. This means identifying…
ERP Implementation Best Practices
No matter what type of business you're in, implementing an ERP solution is a critical project that must be taken seriously. From concerns about cost and demonstrating ROI, to practical considerations about who will…
Getting Your Finance Processes in Shape for FASB's New Revenue Recognition Rules
What do Apple, Best Buy, NetSuite and Sears all have in common? They all sell multi-element products, whether it's a refrigerator sold with a maintenance contract, a smart-phone sold with "more than…
Going Global: Is it time to streamline your ERP?
Almost all reasonable size organizations use some software system to integrate and control various business operations. And as businesses expand through M&A activity, JVs, etc., they tend to start dealing with a…
Logistics for Business Defined: Importance Role & Benefits
The movement of goods is the physical manifestation of a transaction. Logistics is a business’ lifeblood — and here’s how to keep it pumping…
Inventory Management in the Cloud
Inventory management is about knowing what products to have on hand and when to have them on hand. It's about understanding what you have in your warehouse and where your stock is located. It means maintaining…
NetSuite Modules Guide: Key Modules, Pricing & FAQs
NetSuite modules provide added features to NetSuite as business needs arise, ranging from financials and commerce to manufacturing and project…
Number Crunching in Finance Defined
Most people have no doubt heard the phrase “number crunching.” It conjures up images of processing large amounts of data to make some sort of conclusion. Like crunching the numbers to determine a monthly…
Pros and Cons of ERP Consolidation & Best Practices
This guide explains how ERP consolidation works, the costs associated with it, and how it pays off with improved efficiency and…
Revenue Recognition in the Cloud
Staying on top of revenue recognition is a major challenge. Getting it right means keeping pace with fast-changing licensing and distribution models, managing the complexities of multi-element contracts…
Scaling to Grow: Financial Consolidation in the Cloud
Virtually every company wants to grow—it's the nature of business. But with expansion comes the growing pains of financial consolidation that can encompass multiple divisions, subsidiaries and locations…
Supply Chain Defined
A supply chain is a coordinated network that includes all the companies, facilities and business activities involved in sourcing, developing, manufacturing and delivering products. Each business relies on its supply…
The Benefits of Integrating Your Inventory Software with Your Accounting and Back-Office Processes
Inventory management is about knowing what you have in your warehouse and where your stock is located. However, unless it's integrated with your back-office systems, an inventory management system alone can't…
Top Five Signs Your Business is Ready for an ERP System
It's taking longer and longer to reconcile financials at the end of the month. Your sales forecasts are based more on guesswork than solid figures. Your business is having trouble keeping up with its order volume…
Using the Cloud to Manage a High-Performing Workforce
The business world is constantly changing and companies are continuously thinking about what to do next. Where should the company invest next? Which company should be acquired next? Where should the…
What is a Perpetual Inventory System
Inventory management may not sound sexy, but the ability to track goods or materials is essential to the health of any business. Accurate information about inventory helps managers reduce waste, meet…
What is an Order Management System?
Achieving a single view of demand, inventory and supply is one of the most vexing and problematic challenges for businesses. Order management systems provide a way to not only increase efficiency, improve fulfillment…
What is ERP?
When you search for "ERP" on the web, the sheer amount of information that comes up can be overwhelming—not to mention a little confusing. Every website seems to have its own definition of ERP, and one ERP…
What Is NetSuite and How Does It Work?
In the late 1990s, “cloud” was not a word most people associated with technology. It was certainly not recognised as the future of software.
What Is SaaS (Software-as-a-Service)? Advantages, Challenges, and FAQs
SaaS delivers compelling cost, speed, security and agility advantages over on-premises and hybrid software. Here are critical decision points for all-size companies.
