A Great Experience
Having the ability to access information anywhere at any time is just one of the many (probably the biggest) advantages of cloud computing and SaaS solutions. Business owners and individuals alike are starting to understand and enjoy how cloud computing is going to change the face of information sharing into the future and life as a whole. Through this virtual server option you will experience more security and flexibility than ever before. Cloud computing is on its way to making all… Continue reading
Computing in the Clouds?
Many people have heard the term cloud computing but few totally understand what exactly it is. Here is a brief explanation of this new hot thing….
Cloud computing is the method of storing and computing data through a virtual server. Individuals and businesses are able to purchase (actually rent) the service for a low cost and have access to any and all information wherever they are. In fact, cloud computing means connecting to and working on a remote computer, which is… Continue reading
Agile has become a really popular term recently in many fields in business life. You probably have heard about Agile software development or Agile project management… Today more and more companies employ it in many different areas of their operations. What what actually Agile is? This is a special kind of methodology for managing different projects, used the most in the IT fields (application development and IT projects), but applicable in many other areas. The Agile methodology is built upon 12 agile principles and… Continue reading
ERP software is relatively new. It has firstly appeared several decades ago, and for that short period of time it has dramatically evolved. The first form of ERP systems appeared around 1960s. They were simple accounting and financial software applications that helped companies keep track and plan only their financial resources. Then, in the 1970s, material planning was involved in the process, this is how MRP 1 was born. In the 1980s, ERP companies and business owners realized that it would be a good ideas… Continue reading
ERP in the cloud has become a major trend in the industry. More and more companies prefer this business model because of the big advantages it has over the traditional license buying. If you need to learn some of the major pros and cons of cloud ERP solutions, you can check our post on that matter here: advantages and disadvantages of cloud ERP. Having in mind all the advantages it has, I can say that this will be the new way of selling software… Continue reading
Today, cloud solutions have become the way of doing business for many companies. This is what happening in the ERP industry, too. Most of the major ERP vendors offer SaaS ERP solutions, because this turned out to be a really successful business model. Why? Cloud based solutions have some major advantages over traditional ones. Here are some of them:
Main Advantages of Cloud ERP Solutions
1. Cost effective – actually you just rent the software, paying a relatively (to the whole price of the system)… Continue reading
How an ERP system is implemented? What stages do you have to go through? These are probably some of the questions many managers ask themselves, when planning an ERP project. Although different ERP vendors have their own and specific implementation methodologies, there are some common stages every project goes through. These are:
1. Analysis – analyzing the business processes and the requirements which have to be met.
2. Building an implementation model – having all the information form the analysis stage, now we have to… Continue reading
Some Basic Stuff About BI (Business Intelligence)
What is BI? This abbreviation is usually used when talking about a special kind of software for analyzing the information a business collects and manages. And what’s the big deal about it? The big deal is that this software is specially designed for creating mind blowing reports with it. Below is an infographic showing some basic stuff about business intelligence software. If you are new to BI, it will help you understand why and how exactly it can… Continue reading
Software as a service, also called simply ‘SaaS‘ is getting more and more popular each day. But what exactly is this? It’s simply a new way for using and delivering software application. While the traditional model of using software includes buying a license for it and installing it on your own computer, SaaS software is usually sold on subscription basis and it is also sold on a working server. You rent the software, instead of buying it. This way the software… Continue reading
SAP stands for: Systems Applications and Products in Data Processing
The acronym is also used when referring to the most popular ERP system on the market today. It’s simply called SAP and it’s developed by the… Continue reading
There are thousands, even tens of thousands ERP vendors in the world. If you are looking for an erp solution, it’s really important to know the biggest players in the game. Most of them have become so big not by an accident and it might be a good idea starting from their solutions. On the following infographic you can see some statistics about the market share of the top 10 ERP systems in the world. These are the biggest names and the percentages of the… Continue reading
The abbreviation ERP stands for enterprise resource planning. In simple worlds that means planning all the resources (employees, money, inventory, machines, etc.) in a company. ERP is a conception, an ideology that teaches how these resources can be planned the best. It’s an extension of MRP (material requirements planning), but while MRP only refers to materials, ERP refers to all resources.
The acronym is often used as the name of a business management software that has this… Continue reading
Business intelligence or just BI is a term that is widely used in business world. It may sound a little strange, because intelligence is more related to CIA or KGB than business, but this word is completely on its place. So, what does it mean? BI is usually referred to a special kind of business software used especially for analyzing all the information in a business and creating reports based on it. This software is simply for analyzing business data.
Example of BI in action… Continue reading
These are some worldwide statistics about the average cost of implementing an ERP solution/system. They were collected by Panorama Consulting and show the average budget companies spend when implementing ERP. The data was collected from more than 190 companies during the last year (2013) and the beginning of the current. On the table below you can also see some more interesting information regarding the average duration of ERP implementations and customers’ satisfaction after the implementation.
We are happy to announce that the site: www.whatiserp.eu has a new design. It’s much better than the previous one and we hope you find it more convenient for you, too. We have been working on the new look for some time now and we gave our best to create it.
Some functionalities of the site may be not working after the update, so please excuse us if so. If you find something like this, please contact us and we will fix… Continue reading
It’s not all over after a successful ERP implementation. You will surely need a maintenance contract and after implementation support. And this could cost you about 8% – 15% yearly from the total project price. This is a significant expense and a manager should make the appropriate steps to minimize it. It is good at the beginning of the implementation, an ERP team to be formed. These guys should participate actively in the project, so draw on ERP consultants’ experience. This way they will… Continue reading
We can’t say that it would be expensive to buy and implement an ERP software in your company, nor can we say it would be cheap! It is all about good or bad investment. Your company could spend big amount of cash on an ERP project and also get good return on it! So this is not an expense, but it could be if you think it is so. The truth is that you could have a decent return, and below is a simple example… Continue reading
First let’s start with the following sentence: Successful ERP implementation is time consuming process. What this means is that there are no ‘one week’, ‘one month’, not to mention ‘one day’ implementations. Second – the most important part of it is to make your employees active participants in the process. They are the ones who will mostly have to use the software, and they are the ones that know best how their departments work. They have to be psychologically prepared for a change, because… Continue reading
You should consider buying reliable hardware for your ERP software. This is really important because it will ensure the normal functioning of the system and will secure your data. First of all, you have to check what the system requirements for your ERP vendor are. The server/s is/are one of the most important part of the system, because this is the place, where all operations will be processed. Make sure your server configuration has enough resources like: processor capacity, memory, etc. so it is… Continue reading
There are plenty of ERP developers on the market today, offering many different products. Choosing the optimal solution might, and probably will be a tough task. You should know that once you buy and implement an ERP system, your company gets married to it! You’d better realize that sooner than later… It is a big headache, waste of time and extremely expensive if you decide that ‘to divorce it’, because you don’t like it, it’s not working for you, or you simply you want… Continue reading