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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

intangible  Investments Part Two: The Intangible Effects of ERP 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 purposes, the discussion will focus on the benefits for accounting, product and process design, production, sales, and management information system (MIS) functions. From the overall company standpoint, ERP provides a framework for working effectively together and Read More...
Discrete Manufacturing (ERP)
The simplified definition of enterprise resource planning (ERP) software is a set of applications that automate finance and human resources departments and help manufacturers handle jobs such as or...
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Documents related to » intangible


Master Data Management: Extracting Value from Your Most Important Intangible Asset
In a 2006 SAP survey, 93 percent of respondents experienced data management issues during their most recent projects. The problem: many organizations believe

intangible  from Your Most Important Intangible Asset Master Data Management: Extracting Value from Your Most Important Intangible Asset If you receive errors when attempting to view this white paper, please install the latest version of Adobe Reader. Founded in 1972, SAP has a rich history of innovation and growth as a true industry leader. SAP currently has sales and development locations in more than 50 countries worldwide and is listed on several exchanges, including the Frankfurt Stock Exchange and NYSE Read More...
How to Use Data Management Successfully
Find out in the white paper master data management: extracting value from your most important intangible asset.

intangible  become your most important intangible asset . If you aren't managing your master data effectively, you could be opening the door to a host of problems: Part of your company is doing business with a client or account, but other parts of the company aren't even aware of it. Partners and customers refer to parts you manufacture or distribute in a number of different ways, causing problems with order processing and inventory control. Your company has been involved in a merger or acquisition, and you're Read More...
Conviction is the Intangible in a Successful Positioning Process
You need conviction to skillfully handle the inevitable criticism during the positioning process. Otherwise, you're likely to try something different every time

intangible  is the Intangible in a Successful Positioning Process Conviction is an important intangible that can make or break your positioning strategy. You begin to develop conviction through research on your customer, competition, and channel. But that's not enough to give you the conviction you need to stand up to powerful political forces in your company who may shoot holes even in your most compelling positioning statement. Complete conviction in your work comes from a positioning process that includes Read More...
CRM ROI: Creating a Business Case
Companies need to implement serious yardstick work when seeking to evaluate CRM-software investments. This involves creating a cost-benefit analysis

intangible  non-financial metrics (often called intangible benefits) outweigh financial metrics as gauges of technology investment value.(4) In addition, those that use either financial or non-financial metrics are not quantifying key performance indicators, which would provide clear guidance and proof of success. Companies need to implement serious yardstick work when seeking to evaluate CRM-software investments. Metrics are essential, with a formal business-case in place before the project begins, and an Read More...
IFS Joins the Corporate Social Responsibility Fray
While day 1 of the IFS World Conference 2012 in Gothenburg, Sweden was mostly about mobility, day 2 expanded into some other interesting themes and topics. IFS

intangible  both its tangible and intangible benefits), smart companies view CSR as an opportunity to improve their business processes and competitiveness. After all, some regulations will never be repealed. And what if, say, a US company that doesn't have strict local regulations still wants to compete in regions with more affinity for environmental protection and regulations? By closely monitoring the market and working with its customers, IFS has developed fully integrated solutions that can help customers turn Read More...
Optimizing the Lead-to-order Process
A superior lead-to-order (LTO) process is essential in today@s environment of mass customization. Companies striving to build and maintain market share require

intangible  teams might argue that intangible benefits, for example, customer loyalty, offer sufficient justification to upgrade the current LTO process. Quite the contrary: intangible benefits lack the accountability found in quantified ROI analyses used to justify an aggressive implementation effort. There are more than enough direct benefits, including those listed above, to justify the investment and the effort required for success with upgrading LTO. Furthermore, benefits are only one side of the ROI equation. Read More...
Solomon Stands the Test of Time Despite Changing Masters Part Three: Product Differentiators
Of all the MBS' products, Solomon is apparently the purest in terms of a standard Microsoft technology stack, and without any proprietary additions. Furthermore

intangible  to provide services or intangible commodities to their clients. These enterprises focus on project management and tracking, inventory and procurement for office consumables and supplies, human resources (HR) management, project automation and performance management, and to that end, they seek administrative systems that will automate billing functions, track costs, ascertain profitability, measure levels of service provided and so on. To that end, the Microsoft PSA product seems to cover many bases, from Read More...
Human Capital Financials: Understanding the Value of the Human Assets within Your Organization
Many companies are still not fully realizing the ROI on their human capital. While people are often spoken of as assets, they are generally treated as costs

intangible  value on something as intangible as attitude, or even skills and knowledge, proves a little more difficult. Two of the main asset components that help determine an employee’s value are: Behavior —which includes elements such as having a positive attitude (optimistic, motivated, etc.), the ability to build interpersonal relationships both inside and outside the organization (with coworkers and customers), or the ability to attract new customers Knowledge —which includes elements such as personal Read More...
New Approaches to Software Pricing
Hearing the complaints of dissatisfied customers, some vendors are developing customer-centric contracts. HarrisData has even gone so far as to draft a Bill of

intangible  overhead cost decrease) and intangible, non-quantifiable benefits (e.g., employees' satisfaction, smoother processes). The licensing of enterprise software products is undergoing a fundamental shift from traditional up front fees to incremental pay-as-you-grow or success-based pricing . The latter is a popular alternative, especially for small businesses and startups that lack the IT budgets of larger, established companies, as it allows smaller companies to acquire software at a lower entry cost and Read More...

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