Thursday, October 17, 2019

What is erp system software in the business management process?

In general, what are erp system software work and purposes in business management? ERP or Enterprise Resource Planning is the management software of business process that allows a business or organization to use the integrated system applications for managing the business and automatically many functions of back-office features that related with human resources, technology, and services.

The erp system software application 
The erp system software is considered a type of enterprise application. This means this is software that designed to use by larger business and often the user needs dedicated teams for customizing and analyzing data and for handling the deployment and upgrades in the software application. There is also small erp system software business application that contrast application that uses a solution for lightweight business management software, often it customized for specific business industry. 
Recently, the erp system software system use as replacement for the legacy software or incorporate the ERP applications because there is no current system that exists. There are some reasons why an organization applies erp system software:
  • To replace the out of date erp system software 
  • For replacing the homegrown system 
  • For replacing the accounting software 
  • To replace other known- erp system software or had no system 
The benefit of ERP system
The purpose of using ERP system software is to improving efficiency, to streamline the process and improve the collaboration culture of the organization. The final result from using ERP system is the minimizing cost and increasing productivity that lead to the better bottom line. Here are the benefits of the ERP system. 
  • Increase efficiency. The parts of a business process such as sales, marketing, accounting, production, and inventory that integrated with one platform or ERP system will be easier to collect and access the data from the organization and streamline of cross departments workflows. 
  • Promote more organize and collaboration. The ERP system will breakdowns the departments between. The ERP system extends the collaboration between the headquarters with remote teams through internets. The data silos are will be integrated and process the superhighways links to make together workstations locally. The setup will allow the team that used the system to operate in vacuum easily collaborate with another team in an inside of ERP system platform. 
  • Low cost operational. The company can cut down the cost with ERP system. When the process gets streamlined and the key metrics are disrupted, closely monitored and controlled, anticipating to delays and breakdown it will bring better management. The ERP system allows production, customer service, engineering, and many other business sections to work closely with real-time data and resolve when a problem appears. 
  • Make forecast more accurately. With a centralized database, the ERP system will lend the company’s disparate business solution into the standard process, and it also enhances data integrity ultimately. The ERP system reporting tools use advanced analytics and filer for sifting inconsistencies data. 
  • Improve data protection. The ERP system has restriction controls and firewalls that guard to a data breach. When you have single warehouse data, it means the access points are monitored tightly and the security will be concentrated. 
With the benefit and what is erp system software feature in business, and then it is crucial for companies and business owner to use and apply the system to their business.

Thursday, March 28, 2019

ERP Software for Business

what is erp in business? This is a question which might be asked by the small business owners because they consider using it for supporting their business. It is better to have a proper understanding of this system so people can use it properly for improving their business management.

ERP Software for Business

There might be so many benefits which can be offered by the ERP software for the business. However, people must know this software first. It is actually the information system which is used for managing all business aspects by integrating it. The business aspects which can be managed using this software include the customer's service, planning, production, manufacturing, purchasing, distribution, sales, as well as accounting. For the small businesses, there are various reasons why the ERP software must be used. The primary reason is usually for improvement across departments communication and for optimizing the process in the business.

ERP Types
After understanding about what is erp in business, the next thing which people should do is to identify the types of ERP software which can be suitable the most for the small business. There are some types of software which can be chosen. The first one is the industry-specific one which is made for the specific industry such as automotive or retail. It is used mostly by the large businesses for responding to the requirements which are more complex. There is also the web-based software which can also be considered as the cloud-based ERP software.

It is hosted by the open source or vendor which allows the business to access the software remotely. It is not as complex as the first one especially for the setup and the installation. That is why it is a great choice for small businesses. The last type is the small business one which is made for helping the small business with the HR and order management. The ERP functions are limited so it can be the most affordable options of ERP solution.

Licensing Models
Every business has specific needs and future goals. That is why they need to find the best option of ERP software by considering the licensing model available. They can consider the open source ERP small business which comes with the available source code. There is also free proprietary ERP small business which comes with the limitation of the fully functional proprietary one. Last but not least, there is a proprietary ERP small business which is the full paid version.

Essential Features
There are various features which will be offered by the ERP software which can be considered by the small business. Nevertheless, they need to find the ERP which comes with the essential features for making sure that it can really provide the best support for managing the business. The important features which must be found include the accounting, HR, business intelligence, management of inventory, CRM, manufacturing, management of the supply chain, integration, as well as analytics and reporting. Those features should be useful for helping people understand more about what is erp in business.

Thursday, March 21, 2019

Top ERP for Small Business

Today’s market offers you with all values of ERP for small organization or operator, especially when you come to the niche segments. While these companies need the same type of resources management which bigger organizations, they also need some adjustments to ensure that their specific needs were met. You can find top ERP for small business with these guides. There is some standout ERP software that offers you with the best class depend on the market sector and size of the organization.

This open source ERP was designed to support small business at the twenty or even fewer employees. This company offers you with the cloud and on-premise operation. The major functional values including inventory management, GAAP accounting, production distribution, sales management, and supplier-chain management. This system receives some manufacture modes range from the process manufacturing, discrete manufacturing and engineer-to-order manufacturing up to the products are made based on the order. This software gets online support for all of the customers during the business hours.

BizAutomation Cloud
This ERP software was designed to support smaller business around 10 or fewer employees. It offers the users with the SaaS, therefore it gives a low price. There are some major functions, such as inventory, GAAP accounting, order management, sales commission, customer relationship management, project management, material purchase planning, and e-commerce. This product was more focused on small distributors or wholesale, retails sales and so on. This software was priced based on the per-user and per- month base.
Top ERP for Small Business
Blue Cherry
This provider offers you with ERP values for mid-size business which operates in the production and textile design market. This product is the perfect suit to the mid-size apparel companies and range from 50 to employees. Offer the users with the cloud-based and on-premise deployment. There are main functional values, such as product development, design, planning, materials source management, product development, sales processing, workflow management, tailored reporting production management, actual costing, financial management and so on. The data will be represented in graphs, charts or in a summary form that can be sent throughout email, web browser or even text message as well. The price was based on per module along with user license fees.

This software initially designed for pure accounting software, over the time, after been acquired by Oracle then this software had developed as more advanced ERP system. This product will send as the SaaS value and fully capable to manage 50 to 100 employees. The main functionalities, such as GAAP accounting, financial management, supply chain management, integrated analytics, inventory management, billing management, and payment management.

This is the cloud-based inventory platform which specifically designed to make the commercial operation more efficient. All of the inventory management operations, purchasing, critical business apps, and sales could be managed just in one app if you connect it to your sales channels This software also offers you with the B2B e-commerce that allows you to sell the wholesale directly to the retailers. The users will receive the notification and upgrade in real time for better analysis. Are you ready to select top ERP for small business?

Thursday, January 10, 2019

The Best ERP System Software Free Download

erp system software free download surely becomes the solution which is needed by people who are running their business. ERP system is necessary because of various benefits which can be offered but it does not mean that a lot of money is needed for applying this system to the business. In this circumstance, people can use the open source option which can be downloaded for free.

The Best ERP System Software Free Download

The very first option of ERP open source which is used a lot by many people in the world, Dolibarr ERP must be the answer. There is no doubt that this ERP system becomes a popular option because it comes with everything people need from the ERP system. It comes with the support for the accounting, HR, CRM, and also modules for inventory. There is also a possibility for the users expanding functionality based on their requirement because there are also apps offered through the Dolistore. They even can just build their very own ERP system for meeting their requirement the most. It is very popular and this ERP system has a pretty constant update with an active user forum. It means that users are able to make a general discussion as well as troubleshooting with other users. Of course, it must be included in the list of the best erp system software free download.

If people are looking for the open source solution for the ERP system, they can consider ERPNext which is made by considering the modern users. This system is created for the business with the small and medium size. It is offered in the apps series after all. There is no need to worry because the system is made for making sure that people who are not too technical can use the system easily. The simplicity which is offered by this system can be great because it can be set up pretty easily. With the clean interface which is user-friendly as well, people can get familiar to the system pretty quickly. However, it will be difficult for expanding the system so it can fit the requirements of the business which is larger and more complex. Five users can use this online hosted system for free. Any size of business can use it for free when the system is installed on the business servers.

Next, people can also choose iDempiere which is a system which is fully fledged. It can be used for helping anything in the business including, invoicing, POS integration, management of the warehouse, and forecasting. It might be true that this product is an open source but people need money for installing the system based on the size of the business. Since it is an open source system, the troubleshooting will rely on the community support. That is why that it is possible for the business calling in the experienced specialist on this system. More setup might be needed for using this system but it will be worth it since this open source is considered as one of the most robust erp system software free download.

Wednesday, December 19, 2018

6 Benefits of Cloud ERP

Cloud ERP and on-premise ERP each have their benefits. The best choice for you will depend on your organization’s structure and business strategy. While this post focuses on the benefits of cloud ERP, it is by no means superior to on-premise software or hybrid cloud environments. The benefits you realize from any technology will depend on your project execution before, during and after implementation.

6 Benefits of Cloud ERP

Here is a technology-agnostic perspective on the reasons some organizations choose to implement cloud ERP:

1. Better Business Intelligence
Cloud technology allows organizations to access data remotely without complex technical configuration or robust IT staffing. Over the past two years, the number of organizations deploying business intelligence (BI) in the cloud has doubled. Cloud BI adoption is especially prevalent among sales and marketing departments as they rely on real-time data to understand and improve the customer journey.
When it comes to data access and data storage, cloud ERP has several advantages over on-premise ERP. Cloud technology is more scalable for storing large amounts of data and can provide access to data gathered by IoT technology.

While researching cloud ERP systems, you’ll likely run across many lists of “top ERP systems.” These lists are often based on the amount of research and development vendors are investing in their products. The most innovative ERP vendors are heavily investing in cloud BI.

2. Faster Implementation
Cloud ERP systems are faster to implement than on-premise ERP systems. The technical environment for cloud technology can be configured in as little as 24 hours.
This gives organizations more time to focus on the business side of transformation. Change management and business process management require the same time and resources whether you’re implementing cloud or on-premise ERP.

3. Ability to Focus on Your Core Competencies
Many organizations lack sufficient IT staffing or cannot afford the same resources and infrastructure as cloud providers. While an organization may be decently skilled at IT, it’s not necessarily its core competency.
Cloud technology allows organizations to outsource their IT function and focus on their core business. Retailers, for example, typically like to dedicate more focus to the customer experience than IT maintenance.

4. Cost Savings
The initial cost of cloud technology is lower than on-premise technology. While subscription costs add up over time, many CFOs are more concerned about minimizing capital expenditures than reducing operating costs. These CFOs may opt for a multi-tenant cloud to minimize long-term costs.
For smaller organizations, the long-term cost of cloud ERP may actually be less expensive than on-premise ERP – the fixed infrastructure costs of on-premise ERP can’t be spread over enough volume to justify the cost.

5. End User Buy In
Cloud technology tends to be more modern and easier to use than on-premise software, so employees may be quicker to embrace it. This does not mean organizations won’t need end-user training and a communications plan. It just means they might experience less resistance. Some organizational cultures are more accepting of cloud ERP than others.
In any technology initiative you should communicate with employees about the benefits of new technology, emphasizing how their jobs will become easier. Are you implementing robotic process automation in conjunction with cloud technology? Focus on how these bots will streamline menial tasks and enable employees to work more efficiently.

6. Strong Data Security
To avoid security breaches, many organizations turn to cloud ERP as cloud vendors tend to have very secure hosting environments. Some CIOs still worry about the security of the cloud, but they don’t realize how vigilant cloud ERP vendors can be when it comes to security because the stakes are so high. Cloud vendors have a lot to lose – with multiple customers, they are popular targets for security breaches. This may sound like a disadvantage, but in many cases, it forces vendors to develop sophisticated security.
Cloud ERP Best Practices
While there are very compelling reasons to implement cloud ERP, all technology initiatives entail significant risk. Before jumping into a cloud implementation, you should first understand your business strategy and digital strategy. The deployment model you choose should align with these strategies.

6 Ways to Mitigate Software Implementation Risks

Software implementations carry significant risks, including budget and duration overruns and implementation failures. Often, these risks can be mitigated with proper planning at the beginning of the project. Instead of making decisions based on fear, you should feel confident you’re addressing the potential pitfalls of ERP projects.

Here are six ways to mitigate risk before beginning the software implementation process:

Understand Your Business Strategy Objectives
Clarifying your business strategy requires collaboration among all stakeholders. During these discussions, define what customer success looks like and determine what’s working and what’s not. Most importantly, clearly articulate your objectives – do you want to create new business models or generate new revenue using ERP software?

These discussions will help you achieve organizational alignment. Ultimately, executives and middle management should be aligned around what changes are needed to improve your organization’s competitive advantage. With organizational alignment, you can reduce the risk of selecting the wrong software system. When you know your long term goals, you know what technology your organization needs.

Set Realistic Expectations
ERP failure is often caused by unrealistic timelines and budgets. Understanding what benchmarks are realistic for your industry and company size will help you set realistic expectations. While you may need to adjust expectations throughout the project, starting with a realistic estimate will make these adjustments less surprising to executives.

ERP vendors may not have a realistic view of the resources and internal requirements necessary for a successful software implementation. It’s up to you to create a realistic software implementation plan based on your organization’s unique situation. This is an area where independent ERP consultants can be helpful.

Prepare Employees for Organizational Change
It is human nature to resist change. Change resistance causes implementation delays, quality problems and reduced productivity. If employees don’t adapt to change, your digital strategy will not lead to lasting business transformation.

Obtaining buy-in from executives first is a good way to obtain buy-in from team members and employees. If executives are excited for change, this attitude will be contagious. You can obtain buy-in from all stakeholders by communicating the nature of upcoming changes and the reason for change. Communication should be guided by a change management plan, which is informed by readiness assessments and user acceptance testing.

If your employees aren’t using new software day to day, you will have to postpone go live until they accept change. However, if you obtain buy-in early, you reduce the risk of project delays. The sooner employees start using software, the sooner you’ll realize business benefits.

Optimize Your Business Processes
An ERP implementation is a good opportunity to optimize your business processes. While most back-office processes can be optimized based on standard software functionality, some processes should be redesigned independent of software. Processes that provide competitive advantage shouldn’t be constrained by an ERP vendor’s “best practices.”

Optimizing your processes before ERP selection minimizes risk because you’re ensuring you select software that meets your current and future needs. Optimized processes help you develop demo scripts for ERP vendors to ensure they focus on your unique needs. If you were to select an ERP system without knowledge of your future-state processes, the software might require extensive customization.

Why bother with business process reengineering? Employees at most organizations work in silos and have different ways of performing similar processes. This creates duplication of effort and makes it difficult to gather and analyze data. Improving the customer experience via software implementation requires real-time data, so you should break down silos as much as possible.

Plan for Data Migration
With every software implementation, there is the risk that ERP software will not enable the organization’s strategic objectives. To mitigate this risk, reliable and actionable data is essential. As soon as you select a software application, you should start preparing for data migration. Most legacy data is not ready for new systems. Data is usually spread across multiple sources with various structures and formats.

To account for this complexity, you should document and establish a data strategy. For example, you will need to cleanse data to resolve duplicate data and other common data quality issues. You also should define future nomenclature for items, item descriptions, units of measure, etc. Successful data migration requires involvement from four key groups: data owners, the functional team, the data migration team and the project team.

Limit Software Customization
Once you start down the path of software customization, it’s difficult to stop. You might receive customization requests even after you’ve made it clear there will be no further changes. After the final round of customization, you should only approve customization requests that truly benefit your competitive advantage.

Strong project governance and project management ensure the implementation team doesn’t over-customize the ERP software. Investing in business process reengineering also is a good strategy for limiting last-minute customization.

Technology-focused Projects are Inherently Risky
There is a distinct difference between technology-focused and business-focused projects. Technology-focused projects neglect activities that align people and processes with new technology. Business-focused projects, on the other hand, focus on change management and business process management. Guess which type of project is less risky.

Wednesday, November 21, 2018

How to Improve Your Sales Processes and Boost Your Revenue

Improving sales isn’t about bringing in better salespeople. Instead, you need to understand how you generate leads and convert those leads into sales. In other words, improving sales is about improving your business processes.

How to Improve Your Sales Processes and Boost Your Revenue

Think About Your Sales Funnel
The first step to improving your sales processes is documenting them. Your sales funnel is good place to start. Document how you attract leads and eventually convert them into customers.

How many steps are in your sales process and what are they? More importantly, what purpose do they serve? Answering these questions will make it much easier for you to improve your processes. Consider using value stream mapping, a technique that focuses on removing waste and identifying opportunities for improvement.

Establish KPIs
Key performance indicators (KPIs) are metrics that can provide you with tangible goals for improving your sales processes. You need to establish KPIs for each step in your sales funnel and measure your conversion rates over time.

When setting up targets, make sure you’re being realistic, and allow some flexibility to make changes along the way.

Automate Some of Your Processes
The next step in your journey to optimize your sales processes is to get the right tools. More specifically, you’re going to need a CRM system – or an ERP system with CRM functionality.

A CRM system can make your sales team more efficient. For example, it can track who is responding to your marketing material, and help you identify which leads are more likely to turn into customers. You also can learn about people’s demographics and interest profiles and use this information to help you sift through your leads and move those less likely to turn into sales towards the bottom of the list.

CRM systems put all your data in one place and make it easy for your team to share information. This ensures organizational alignment, which is critical to digital transformation.

Determine How You’re Going to Improve
There are generally two ways to improve your sales:
  • Increase the volume of each sale
  • Increase the number of customers
Typically, you should be able to make improvements in both areas. Consider offering some promotions that bundle different products together or use your CRM software to send follow up emails to previous customers. To improve your conversion rate, you can do some A/B testing in your CRM system to find out what content is most effective.

Start Optimizing Today
Improving your sales processes to boost revenues is a long process, but it’s one that is well worth undertaking. It will help you improve margins in a sustainable way, so your business can continue growing and maintain its competitive advantage.

About the Author: Kevin Conner is the founder of several successful startups. His current focus is Broadband Search, a service dedicated to helping people find the best value internet service provider in their area. These businesses have given him the opportunity to work closely with many different sales teams, giving him an insider’s perspective on what works and what doesn’t.

Note: The inclusion of guest posts on the Panorama website does not imply endorsement of any specific product or service. Panorama is, and always will remain, completely independent and vendor-neutral. If you are interested in guest blogging opportunities, click to read more about our submission guidelines.

Tuesday, November 20, 2018

4 Tips for Finding the Right ERP Consultant

ERP implementations are frequently run by project managers with little ERP implementation experience. Many of these project managers refuse to contract with ERP consultants. As a result, organizations struggle to differentiate between various ERP vendor proposals. When they do finally implement an ERP system, they struggle to realize the full benefits of digital technology.

4 Tips for Finding the Right ERP Consultant

Clearly, these project managers could use third-party guidance. However, finding a reliable implementation partner is no easy task. Here are four tips for finding a trusted partner for your ERP implementation:

1. Ensure the ERP Consultant is Technology Agnostic
An independent ERP consultant has no financial ties to a particular ERP vendor or ERP system. The implementation partner is only interested in the client’s digital transformation success. Preferred partners, on the other hand, are tied to specific vendors. In other words, a preferred partner’s revenue model depends on selling or servicing particular systems. This is typically the case with any VAR or large consulting firm specializing in just a few ERP systems. When it comes to smaller systems, it is the vendors themselves who sell and implement these systems.

While you may want a large ERP system, like SAP or Oracle, you shouldn’t rule out other systems that meet your business requirements. You’ll never know what you’re missing unless you hire an ERP consultant with the freedom to recommend any system. Another benefit of hiring an independent ERP consultant like Panorama Consulting? These firms typically have a proven vendor negotiation methodology developed from years of experience with hundreds of ERP vendors.

2. Understand the ERP Consultant’s Methodology
When evaluating ERP consulting firms, you should understand their methodologies and where those methodologies come from. Many consulting firms use canned methodologies from various business training organizations. Few consulting firms have taken the time to leverage their learning into their own methodologies. Your consultant’s methodologies should holistically focus on people, processes and technology. As more organizations pursue digital transformation rather than traditional ERP implementations, the need for a holistic approach is becoming clearer. 

You should also consider whether the consultant’s methodology is flexible enough to fit your needs. For example, some organizations need a business process management approach that focuses on improving individual processes. Others need a business process management approach that focuses on streamlining end-to-end processes. Panorama has expertise in both approaches. The truth is, methodologies should evolve as technology evolves. Organizations now expect more from their technology and want an innovative implementation partner.

3. Ensure the ERP Consultant has a Wide Breadth of Industry Experience
A key part of every request for proposal is the section on “prior industry experience.” You might find the consulting firm has experience with organizations similar to yours. However, consultants that specialize in only one market can be myopic in their focus. The ideal ERP consulting firm leverages best practices from many industries. Its consultants are operational experts with hands-on experience tackling the same challenges their clients are facing.

4. Determine the Level of Diversity Within the Consulting Team
People with different backgrounds approach problems from different perspectives. This diversity can help you build competitive advantage. ERP project managers know this and staff their teams with employees from different departments while ensuring they have different skill sets. Why haven’t ERP consulting firms followed suit?

Many consultants bring the same team of resources to each pitch and presentation, regardless of cultural fit. Everyone on the team has worked in the same handful of companies and views the world through the same eyes. Where are the differing opinions and skills necessary to transform your organization? Where is the global understanding needed to improve your competitive advantage? The top ERP consultants use diverse project resources who collaborate face-to-face to help each organization achieve its strategic vision.