International Financial Reporting Standards (IFRS) are worldwide “principles-based” accounting standards for general purpose financial statements, issued by the International Accounting Standards Board (IASB). With over 80 countries/regions currently allowing or requiring the preparation of financial statements in accordance with IFRS, and others in the process of adopting the standards, worldwide adoption of IFRS as the [...]
continue reading...Archive for July, 2011
Microsoft Dynamics AX and IFRSS for First Time Adopters: Part 1 of Financial Excellence in Microsoft Dynamics AX 2012
The IFRS presents a single set of high quality, understandable, enforceable, and globally accepted financial reporting standards based upon clearly articulated principles. The IFRS is developed by a global body called the International Accounting Standards Board (IASB) – a body formed in 2001. The globally accepted part of the IFRS makes it most appealing. The [...]
continue reading...The Meaning of Partnership in ERP Software Space: Microsoft Dynamics ERP Fits the Bill
As a Microsoft Gold Certified ERP Partner, we feel we have a good understanding of what being a partner really means, and should mean. We recently achieved three awards for Microsoft Dynamics excellence and take pride in what we do as a company. What really sets the stage for this strong held belief is our [...]
continue reading...ERP Software Blog Members Win 2011 Microsoft Partner of the Year Awards
In June Microsoft announced the winners and finalists of the 2011 Microsoft Partner of the Year Awards. Some of our members at ERP Software Blog received honors, including: Rose Business Solutions Inc.(Rose ASP), a finalist for Microsoft Dynamics Cloud Business Excellence Partner of the Year InterDyn AKA, a finalist for Microsoft Dynamics ERP Partner of [...]
continue reading...Microsoft Dynamics Partners Adapt to the Challenges of the Cloud
According to a recent article in Redmond Channel Magazine, “How Microsoft Dynamics Partners Are Evolving with the Cloud” by Barb Levisay, Microsoft Partners are indeed finding ways to adapt to changing business models. As many businesses prepare to make the leap into the cloud, they are leaving behind the traditional business software model, licensing, and [...]
continue reading...Harry Potter Ends But Dynamics GP Is Still Going Strong!
This weekend marks the much anticipated conclusion of the extraordinarily successful Harry Potter movies with the release of the eighth and final film in the series, Harry Potter and the Deathly Hallows – Part 2. It is an incredibly rare and possibly even unique accomplishment for one story to have captivated and kept the attention of [...]
continue reading...True Story: When Fixed Price Dynamics GP ERP Software Implementations Go Bad
Everyone has heard horror stories about project budgets for ERP software implementations spiraling out of control. So many companies feel that the best way to avoid this nightmare is to insist on a “fixed bid” or “fixed price” cost proposal for implementing ERP software such as Microsoft Dynamics GP. In theory, the idea is good. [...]
continue reading...7 Real Benefits a Multi-Million Dollar Distribution Company Achieved Using SalesPad with Microsoft Dynamics GP
Two years ago, Amax, the office products division of Stanley Black & Decker, decided to spin off as a separate company. This successful distribution company chose a hosted “cloud” Microsoft Dynamics GP core financial/ERP system with Vsync for EDI and SalesPad for the sales and customer service users. SalesPad has proved to be a key [...]
continue reading...Is On-Premises Software Going Away in the Next ERP Lifecycle?
With the recent hype around the online and Software as a Service (SaaS) options, you may think that on-premises ERP software could be phasing out. But the short answer is ‘it’s not going anywhere’. BUT this is a blog and should be longer than one sentence, right? So here’s why we believe on-premises is here [...]
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