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Microsoft Dynamics vendors provide comparisons and opinions to professionals in the ERP/Accounting software selection process

 
 

Posts Tagged ‘Legacy Accounting’

4 Tips for Choosing the Right Manufacturing ERP Solution

4 Tips for Choosing the Right Manufacturing ERP Solution It’s no secret that enterprise resource planning (ERP) solutions for manufacturing tend to be more expensive than ERP solutions for other industries. In manufacturing, organizations tend to face more involved technical integrations and require higher levels of customization to achieve the results desired from an ERP […]

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5 Ways ERP Helps Manage a More Agile Manufacturing Process

Manufacturing agility is the ability to respond quickly to unpredictable changes in demand. In today’s market, agility is not only the hallmark of the most competitive manufacturers, it’s also a requirement for day-to-day survival. With a few exceptions, those manufacturers that survive in this market must be able to change direction at a moment’s notice, […]

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5 Ways ERP Simplifies Reporting

Finance and accounting departments are familiar with required, standard financial reporting. It’s normal corporate governance. An enterprise resource planning (ERP) system, when tailored to a business's individual processes, takes care of the requirement.   Senior management needs to see how the company is doing between periods, so customizable reports from an ERP database are critical. […]

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How ERP Changes the Competitive Landscape for Small and Midsize Manufacturers

Small and midsize manufacturers used to manage all of their operations through spreadsheets or accounting software. For a while, that solution worked just fine, but as better technologies have been introduced to manufacturing over the past few decades, many of those smaller manufacturers have found that management method lacking. Manufacturers in today’s markets need more […]

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Signs Your Company is Ready for a New ERP Solution

Most companies starting out can usually track, and manage, their operations in spreadsheets and off the shelf accounting packages. As they grow, they typically add specialized applications as needed and when budgets permit, all while continuing to work in spreadsheets. This works for a short time, until the company starts growing and realizes the manual effort, and cost, involved […]

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5 WAYS ERP HELPS SMBs PREPARE FOR LONG-TERM GROWTH

WAY #5 - Less Hassle An enterprise resource planning (ERP) system is important for gathering key data from around the company. Large companies cannot run without a good ERP system. Small and midsize businesses (SMBs) might be able to get by with simple accounting packages and dozens of spreadsheets—obviously not as efficient as an ERP […]

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5 WAYS ERP HELPS SMBs PREPARE FOR LONG-TERM GROWTH – Pt 5

5 WAYS ERP HELPS SMBs PREPARE FOR LONG-TERM GROWTH WAY #5 - Less Hassle Despite the problems in implementing an ERP system, the result is fewer problems and a stable platform to grow from. Finance and accounting people can be redeployed to be more helpful, interacting with other departments in the company. People in other […]

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5 Ways ERP Helps SMBs Prepare for Long-term Growth – Pt 4

WAY #4 - Security analysis and testing Small business accounting systems are good at tracking money coming in and going out but not a whole lot more than that. People end up using spreadsheets to make up for the lack of financial management and operational business processes.   Typically the data needed for these spreadsheets […]

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5 Ways ERP Helps SMBs Prepare for Long-Term Growth – Pt 3

WAY #3 - More locations, products, people With business growth comes more people, locations and processes. The ability to collect data becomes more difficult and time consuming. It doesn’t take long for SMBs to realize that they’re spending too many hours producing financial reports. This takes time away from what’s really important in the company […]

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ERP for SMBs – More Than Numbers

5 WAYS ERP HELPS SMBs PREPARE FOR LONG-TERM GROWTH WAY #1 - More Than Numbers Most SMBs have to encounter a lot of pain before they decide to buy a new business application.   Buying large business software takes time away from peoples' real jobs. It’s a political minefield, too. Comparing different applications during the […]

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