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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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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Manufacturing ERP system is one of the most complex business applications connecting various business functions of the manufacturing industry. These business functions are as follows: Sales and DistributionPurchase and InventoryAccounting (Accounts Payables / Receivables, GL, GST, Trial Balance, P&L, and Balance sheet)PlanningProductionQuality ControlPlant Maintenance Many ERP systems are more complex and very costly. This is a big barrier for professionals…
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Webinar on: Topic: "The Secret sauce of Successful ERP implementation and ROI" Date: 24/01/2023 Time: 3.30 - 4.45 PM Whom to attend: If you are a head or leader of manufacturing industry, this knowledge and tips will be extremely helpful. With our collective expertise of over 150 manufacturing industry ERP implementations, we wish to host a webinar. This webinar will…
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Global ERPs: Look at this article to know why Global ERPs are not suitable and get too costly for Regional Industries. Solution cost: Global ERPs have many features and configurations to take care of a large canvas of business requirements to cover global needs. A regional industry has to pay for such a large ERP system and put up with…
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