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Justification of ERP Investments Part 1: Quantifiable Benefits from an ERP System
Studies that surveyed manufacturers about the impact of ERP systems on firm performance indicate that company size and industry do not affect the results

erp benefits  available for other uses. ERP Benefits on the Income Statement A simplified, summary income statement for the same $10 million manufacturer is shown in figure 3.2. For many manufacturers, the cost of sales ranges from 65 to 75 percent of sales (the example will use 75 percent). Using industry averages for each major benefit, the improved business processes and associated information system almost double the current pretax income. Inventory Reduction . A 20 percent reduction in the current inventory of $3 Read More
Mining Industry (ERP & CMMS)
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Documents related to » erp benefits


The Benefits of Next-generation ERP
Rapid changes in the market and in customer needs mean small to medium businesses (SMBs) must work harder to stay competitive. Setting and achieving goals in

erp benefits  way of investing in ERP The benefits ERP implementation is known to be expensive, time consuming, resource intensive and difficult to manage. With Unity on Demand, you can invest incrementally and benefit from immediate progress. Unity on Demand starts paying you back in months. How about others? Broad coverage of Enterprise Functionality — Cost effective, fast implementation and improved organizational productivity. Process oriented — Responsive and highly adaptable to changes. Highly scalable — Read More
How the Mining Industry Benefits from ERP Systems
Integrated enterprise resource planning software normalizes the reporting requirements for a mining company’s various departments. This article loosely shows

erp benefits  standard measure. A modern ERP system meets these business needs, and provides other benefits as well. When preparing to implement an ERP system, a mining company should determine key performance indicators (KPIs) and the business intelligence (BI) functionality required by each department, as well as other research or reporting facilities. The ERP system needs to be tailored to each revenue- and expense-producing entity (mine site) by providing approved conversion rules for producing standard costs. The Read More
The Benefits of CRM/ERP Integration
Superior customer service is the best way for companies to stand out. That’s made customer relationship management (CRM) software more important than ever, so

erp benefits  that a lot of ERP vendors are integrating CRM functionality into their solutions. In this Sage-sponsored interview, CRM analyst Raluca Druta explains how that helps companies automate workflows, improve communication, and enhance the customer experience. Read More
Justification of ERP Investments Part Two: The Intangible Effects of ERP
The intangible or non-financial benefits of an integrated enterprise resource planning (ERP) system can be viewed from several perspectives. For illustrative

erp benefits  excerpt on Justification of ERP Investments is presented in four parts: Quantifiable benefits from an ERP system The intangible effects of ERP Costs of implementing an ERP system Replacing or re-implementing an ERP system Reprinted with permission of McGraw-Hill. Effects on Accounting With a common database from ERP, accounting no longer requires duplicate files and redundant data entry. Product costing, for example, can be performed using accurate and up to date product structures. Product costing Read More
Sage 100 Standard ERP for Distribution ERP Certification Report
Sage 100 Standard ERP (formerly Sage ERP MAS 90), v. 4.5, is TEC Certified for online evaluation of distribution solutions in TEC's enterprise resource planning

erp benefits  100 Standard ERP for Distribution ERP Certification Report Sage 100 Standard ERP (formerly Sage ERP MAS 90), v. 4.5, is TEC Certified for online evaluation of distribution solutions in TEC's enterprise resource planning (ERP) Evaluation Center. The certification seal is a valuable indicator for organizations relying on the integrity of TEC research for assistance with their software selection projects. Download this report for product highlights, competitive analysis, product analysis, and in-depth Read More
Glovia G2 for Discrete Manufacturing (ERP) Certification Report (2011)
Glovia G2 is TEC Certified for online evaluation of discrete manufacturing enterprise resource planning (ERP) solutions in the ERP Evaluation Center. The

erp benefits  (ERP) solutions in the ERP Evaluation Center. The certification seal is a valuable indicator for organizations relying on the integrity of TEC research for assistance with their software selection projects. Download this report for product highlights, competitive analysis, product analysis, and in-depth analyst commentary. Read More
Fatal Flaws in ERP Software Create Opportunity for Niche Software in CPG Companies
ERP software may fail to meet critical business requirements. When companies find that their ERP doesn't meet all of their business requirements, they should

erp benefits  Flaws in ERP Software Create Opportunity for Niche Software in CPG Companies Fatal Flaws in ERP Software Create Opportunity for Niche Software in CPG Companies Featured Author - Bill Friend* - April 24, 2004 Overview After companies purchase an enterprise resource planning (ERP) system they may discover that the ERP software fails to provide all of the functionality their business requires. These shortfalls have been characterized as fatal flaws . If a company uncovers a fatal flaw in their ERP Read More
Four Reasons Why You Need to Consolidate Your Various ERP Packages
If your business is running more than a single enterprise resource planning (ERP) software package, you need to consolidate down to one. In this white paper, we

erp benefits  to Consolidate Your Various ERP Packages If your business is running more than a single enterprise resource planning (ERP) software package, you need to consolidate down to one. In this white paper, we’ll provide you with four good reasons for making this move, and how to get around the various organizational barriers to doing so. Read More
Don’t Forget to Factor In Mobile ERP When Selecting a New ERP System
A 2011 study of mid-market manufacturers sought to understand the nature of demand for mobile access to enterprise resource planning (ERP) and other enterprise

erp benefits  to Factor In Mobile ERP When Selecting a New ERP System With the proliferation of smartphones, tablet computers, and other mobile computing devices—and the associated increase in applications designed for them—the obvious question is when users of enterprise solutions including enterprise resource planning (ERP) will be able to access company-wide solutions from their mobile devices in meaningful ways. In mid-2011, as IFS prepared for the release of IFS Touch Apps , its mobile ERP initiative, IFS Read More
35 Questions Every CFO Needs to Ask About ERP Software in the Cloud
Your enterprise resource planning (ERP) system monitors the status and progress of the business drivers that determine the profitability of your business. And

erp benefits  Needs to Ask About ERP Software in the Cloud Your enterprise resource planning (ERP) system monitors the status and progress of the business drivers that determine the profitability of your business. And as CFO, you have more insight into the balance of all those business drivers than anyone in the organization. But given that the shift to cloud-based business technology has started, is cloud-based ERP the right choice for your organization? Let us help you decide. Read More
IFS Applications (v. 7.5) for Process Manufacturing ERP Certification Report
IFS Applications (v. 7.5) is TEC Certified for online evaluation of process manufacturing enterprise resource planning (ERP) solutions in the ERP Evaluation

erp benefits  7.5) for Process Manufacturing ERP Certification Report IFS Applications (v. 7.5) is TEC Certified for online evaluation of process manufacturing enterprise resource planning (ERP) solutions in the ERP Evaluation Center. The certification seal is a valuable indicator for organizations relying on the integrity of TEC research for assistance with their software selection projects. Download this report for product highlights, competitive analysis, product analysis, and in-depth analyst commentary. Read More
Oracle JD Edwards EnterpriseOne 9.0 for ERP for Process Manufacturing Certification Report
Oracle JD Edwards EnterpriseOne 9.0 is now TEC Certified for online evaluation of process manufacturing solutions in the enterprise resource planning (ERP

erp benefits  Edwards EnterpriseOne 9.0 for ERP for Process Manufacturing Certification Report Oracle JD Edwards EnterpriseOne 9.0 is now TEC Certified for online evaluation of process manufacturing solutions in the enterprise resource planning (ERP) Evaluation Center. The certification seal is a valuable indicator for organizations relying on the integrity of TEC research for assistance with their software selection projects. Download this report for product highlights, competitive analysis, product analysis, and Read More
ERP Discrete Vs ERP Process
To compare process ERP solutions head-to-head based on your organization's needs and characteristics , visit TEC's process ERP evaluation center.

erp benefits  Discrete Vs ERP Process ERP Discrete vs. ERP Process People often ask what's the difference between process and discrete ERP? Here's a rough overview of the difference. A quick definition from APICS (The Association for Operations Management) describes discrete manufacturing as the production of distinct items such as automobiles, appliances, or computers, whereas process manufacturing covers production that adds value by mixing, separating, forming, and/or performing chemical reactions. It may be Read More

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