In the world of enterprise software, there are countless ERPs (Enterprise Resource Planning systems) available. These so-called "dime-a-dozen" ERPs often built broadly covering the generic business processes. So they may not cover the specific business needs. This one-size-fits-all approach can create significant challenges, forcing businesses to engage teams to customize these solutions to meet their operational and statutory requirements. ERP…
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As a startup, every enterprise will have an accountant or might outsource their accounting function. Since the amount of transactions will be limited, it will be easier to have the view of the overall financial status. But as the enterprise grows, it gets complex. As a competitive manufacturing industry, the role of a Chief Financial Officer (CFO) extends far beyond…
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Vacuum cleaner Clean house The Purpose of a Vacuum cleaner is "clean house". Like wise ERP is "access to Accurate and real time data". Make no mistakes. We've all seen the commercials: a powerful vacuum cleaner effortlessly sucks up dirt, leaving a pristine carpet in its wake. Yet, even the most advanced vacuum cleaner can't guarantee a truly clean house…
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Imagine this: You've invested heavily in a large, global ERP system. Sales, purchasing, inventory, and accounting are finally humming along. But there's a problem. By the time these core functionalities were implemented, your budget was stretched thin and deadlines blown past. Management is frustrated, and a crucial area – Production Planning and Control (PPC) & Quality Control (QC)– is left…
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Absolutely, achieving a balance between Body, Mind, and Spirit is essential for overall harmony, and this concept can be effectively applied to the success of ERP (Enterprise Resource Planning) projects as well. Here’s how the analogy works in detail: Body (ERP System and Data): Just as the body forms the physical aspect of a person, the ERP system and its…
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My railway experience People who are in their 50s can relate to this more easily. In my childhood days (40 years ago), the train journey was always an adventure. Right from getting a seat, food, or even water for an overnight journey was a nightmare. Those days out of 15 coaches, almost 12 coaches were unreserved. No one knows what…
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Thank you for all attending this audio event. Especially for Sam Graham and Peter Robinson for validating this session as relevant and the issue is global. This particular series is all about why there are very mixed experiences on most of the ERP projects? I have said that the ERP projects are like badly maintained Public toilets. People outside are…
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First of all my sincere apologies for using these words. I thought about it many times, but could not find appropriate words for this topic. In this article, my preference is more towards the manufacturing industries of all verticals and based out of India For almost all the businesses, the audit for the year 22-23 has been completed now. For…
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We all know India is unique in its cultural aspect. This uniqueness has its own advantages and disadvantages. While we should keep our uniqueness intact, it is also equally important to remove the huddles making it relevant for the times in order to achieve growth and progress. (My knowledge is only limited to the Indian market) “Insanity is doing the…
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Enterprise Resource Planning (ERP) implementation can be a complex and challenging task. While many organizations have successfully implemented an ERP system, others have failed. The Management of the client team has to be aware and sensitive to these aspects in order to mitigate the risk of failure. Here are some of the top reasons why ERP projects fail: Not a…
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