February 28th, 2012 | | Comments Off on Modifying and Maintaining ERP Systems: The High Cost of Business Disruption
Today’s enterprise resource planning (ERP) systems are challenged to provide the architectural agility necessary to support businesses in a high-change, global environment (e.g., to accommodate merger and acquisition [M&A] activity, new financial or regulatory requirements, organizational restructuring, or new business processes). A recent IDC survey shows that the negative impact of business disruptions attached to ERP modifications is simply too high: a 20.9% decline in stock price, a 14.3% revenue loss due to delayed product launches, and a 16.6% decline in customer satisfaction.
February 27th, 2012 | | Comments Off on VAI: Smith Drug Company
By implementing VAI’s S2K for Distribution, Smith Drug Company enhanced existing, and acquired new and valuable technological capabilities. Due to S2K’s user-friendly interface, employees can quickly create reports and retrieve customer and order information. As a result, calls to Smith Drug Company’s IT department dropped 75 to 80 percent, noted Isaac Rogers, Vice President of Operations. This allows personnel to make better use of time, focusing on exceptional customer service and accurate inventory management.
Smaller organizations have unique financial management needs. With online accounting software, they can enhance operations by streamlining and automating transaction processing and other critical financial activities.
With a number of software packages, management of customer account is not particularly simple. For a simple process, QuickBooks makes searching databases and finding customer information quick and easy, allowing the micromanagement of customer accounts among many account managers.
February 27th, 2012 | | Comments Off on What Is SQL and What Does It Have to Do with Accounting Software?
Entry level Accounting products such as MYOB and Quickbooks are great for businesses of a certain size – and up to a point. When a business is growing, adding employees, increasing the number of transactions they process and is becoming more complex, it needs a more robust business system.
February 27th, 2012 | | Comments Off on What to Do When You’ve Outgrown MYOB
Entry-level software such as MYOB and Quickbooks has done wonders for small businesses. These small business accounting systems let SMBs perform quickly what was previously a full time bookkeeping and accounting role. While they are great for start-ups and very small businesses, companies that want to move to the next level must have software in place to support, not hinder, intended growth.
February 27th, 2012 | | Comments Off on Why Is a Database Important for a Growing Business?
Databases are significantly more powerful than spreadsheets in the way they are able to process or ‘manipulate’ data. Actions that would be extremely difficult or impossible in a spreadsheet are easily achievable in a database.
February 23rd, 2012 | | Comments Off on Infor “ERP Plus” in Process Industries
Aberdeen firmly believes an ERP implementation should never be viewed as “done”, since business requirements and avaliable functionality continues to evolve.
Many organizations rely on financial management software to meet the challenges associated with managing complex transactions and processes, and complying with increasingly rigid regulations. This article highlights some of the key benefits companies can achieve with financial reporting software.
Is it time for your business to purchase and deploy a financial management software package? Read on to learn more about how to tell if your organization is ready for financial management software.
