I frequently come across this major faultline in Manufacturing Industries while deciding on their ERP system. I wish to list below the top 4 ERP selection mistakes. Suppose the software does not meet 97% of your business and statutory requirements on day 1. In that case, the obvious consequences will be time and cost overrun, user & management frustration leading…
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Nothing, but the profits will save the company. If you are part of a Manufacturing company that gets free funds to meet your expenses, if profit is not a big deal then this article is not for you. But if your company depends only on customer revenues & profits then you are at the right place. Cost of Goods Sold…
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Except for the Accounting Packages, everything is changed in the last 20 years We should know that in today's technology world, we are just as smart as the Technology that we use. If we are still using Accounting software to run our complex enterprises and struggling for every bit of information that we need, it is sad. This is also…
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Big ERPs must be loosing lots of deals due lower budgets of the clients. Hello Institutions and individuals dealing with Big ERPs, Many growing SME manufacturing industries are looking for ERPs. But they can't afford for large ERP systems as well as handle its complexity and delayed implementation cycles. But they need many of the features that these big ERPs…
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Is your Enterprise carrying the ERP or the ERP is carrying your enterprise? ERP is like a Car and Implementation is driving. So any tampering will lead to accident. Making of car is a design and creativity oriented, while the driving needs skill and focus. A combination Robust car with safe & skilful driving will deliver a memorable travel experience. It is a…
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We all know that the world is yet to come out of the recession. As a result, tight cash flow is the order of the day. Organisations has to keep a close watch on each head of expenses and its ROI for their survival. So ROI in ERP system is not a exception to this. Many of the organisation out…
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I am upset out of my concern for the Manufacturing MSMEs in India, not otherwise. The idea is to share tips of making an ERP project simple & successful for the #MSMEs. When I came across the concept KISS – Keep it simple, stupid (called KISS - principle), I felt why MSMEs should not adopt this for their ERP implementation. How MSMEs…
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Implementation of an ERP system can be equated to a high-way project. The CEOs and the ERP project heads need to know that sanctioning funds for an ERP project, leaving the rest to the team and expect the results to come will be a pipe dream. Let’s see why? Particulars High-way Project ERP project Planning and Timelines Project planning…
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Enterprises while thinking of an ERP they are worried about the following aspects: System suitability for their businessUsability and user acceptanceCostImplementation timeGo-live What is special about the ERP trial offered by Syscon? It is a trial with exclusive data specific to the prospectIt is fully supported to cover every business scenarioThe dedicated consultant & system admin assigned to the Training…
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For a very long time now, the Manufacturing MSMEs in India on the data front has been working with approximation in the absence of proper IT solution. GST is compelling the Manufacturing Industry to build a transparent, accurate transaction data on a daily basis for the compliance. The other challenge is that the Manufacturing MSMEs does not have access for the professional…
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