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ERP for the Services Industry (Non-manufacturing) RFI/RFP Template
Portfolio and Project Management, Resource Planning and Scheduling, Opportunity, Contact, and Contract Management, Time and Expense Management, Financial Management, Budgeting, Costing, and Billing...
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Discrete Manufacturing (ERP)
The simplified definition of enterprise resource planning (ERP) software is a set of applications that automate finance and human resources departments and help manufacturers handle jobs such as or...
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Budgeting: Beyond Spreadsheets
Financial planning, budgeting, and forecasting can be an endless and arid process for business professionals. Spreadsheet-based planning can prove to be
Beyond Spreadsheets Financial planning, budgeting, and forecasting can be an endless and arid process for business professionals. Spreadsheet-based planning can prove to be confusing and unorganized, which only costs the company more time and money. IBM''s Cognos software can help not only reduce the time spent on planning processes, but also build complex business models and perform ‘what if’ scenarios, enhancing strategic decision making.
Nonprofits and Public Sector: The Latest Hot Market
Many recent circumstances have rendered the nonprofit and public sector accounting markets a land of both opportunity and challenges.
its hand brings more budgeting and financial reporting capabilities to purchasing applications for the public sector. In other words, it is a budgetary tool that enables government agencies to ensure they are within their approved budget with earmarked expenditures. When an agency issues a purchase order for a product or service (e.g., a municipality has to assign budget dollars to an upcoming event or for an equipment purchase), it becomes legally bound to pay the vendor the agreed upon price when the se
Fixed Asset Inventory: A Guide to Getting Started
Implementing a fixed asset inventory solution and performing proper accounting of assets can save time and money, reduce theft, improve planning and budgeting
theft, improve planning and budgeting, eliminate “ghost assets,” and help an organization recover after a natural disaster. However, the importance of tracking and managing fixed assets such as land, buildings, transportation, and manufacturing equipment is often overlooked. This white paper discusses best practices for fixed asset inventory management and suggests tips for implementing a successful inventory process, including how to create an asset inventory process, implement a label and scanning
6 Ways You Can Benefit from Telecom Expense Management
A national health insurance company’s spreadsheet-based telecom management process was leading to time and money wasted as staff tried to make up for lack of
Controlling Telecom Expenses , Budgeting Telecom Expenses , Telecom Expenses Yields , Telecom Expense Auditing , Telecom Billing System , Telecom Expense Analyst . Introduction With almost $4 million in telecom spend and more than 3,000 employees spread across the Northeast, a leading national health insurance company faced growing concerns over its inefficient, spreadsheet-supported telecom management process. Lack of spend visibility and control led to an overstretched staff who was forced to spend far
Essential ERP - Its Functional Scope
ERP applications are designed to optimize an organization''s underlying business processes - accounting/financial, manufacturing, distribution, and human
current cash availability, etc. Budgeting - Involves budgetary controls, budget accounting, budget development, and budget allocation. Treasury management - Monitors and analyzes cash holdings, financial deals, and investment risks. Cost control - Analyzes corporate costs related to overhead, products, and manufacturing orders. It provides a variety of costing approaches such as standard, FIFO, LIFO, average, target, and activity-based costing (ABC). Financial consolidation - Enables individual business
Have You Misclassified Employees As Independent Contractors?
Many companies classify individuals as independent contractors rather than employees, attempting to save money or make things simpler. After all, independent
You Misclassified Employees As Independent Contractors? Many companies classify individuals as independent contractors rather than employees, attempting to save money or make things simpler. After all, independent contractors aren’t on the payroll, don’t enjoy the same benefits given employees, and are typically easier to terminate. However, you can’t simply “declare” someone an independent contractor—failure to make a legally correct categorization can lead to expensive consequences.
5 Tips to Effective Compensation Management
Compensation management systems automate and manage the planning, modeling, budgeting, analysis, and execution of enterprise-wide compensation plans
manage the planning, modeling, budgeting, analysis, and execution of enterprise-wide compensation plans. Organizations that have invested in these systems cite a number of significant benefits. This field guide will explore five critical steps to ensure that you get the most out of your compensation planning investments.
Creating the Business Case to Invest in Automation
Spending money to save money makes sense in the context of large capital assets, including facilities, fleet, plant equipment, and even computers. A lack of
the Business Case to Invest in Automation Spending money to save money makes sense in the context of large capital assets, including facilities, fleet, plant equipment, and even computers. A lack of preventative maintenance affects the shareholders of all companies. Aging assets and reactive maintenance can be financial drains. A complete preventative maintenance program consisting of better business practices and simple tools such as computerized maintenance management software (CMMS) or
Planning, Budgeting, and Forecasting Software Evaluation and Selection Guide
Enterprise planning@budgeting, forecasting, and reporting@is a crucial component of financial management that contributes to companies’ success. However
Cognos solutions for planning, budgeting and forecasting provide small and midsize businesses the same financial flexibility and insight enjoyed by finance organizations at the largest multinationals. Source : Cognos, an IBM Company Resources Related to Planning, Budgeting, and Forecasting Software Evaluation and Selection Guide : Planning (Wikipedia) Forecasting (Wikipedia) Planning, Budgeting, and Forecasting Software Evaluation and Selection Guide Planning, Budgeting, and Forecasting Software is also
Positioning Makes Your Marketing Budget Go Further-and Hit the Target
Many business-to-business (B2B) software companies don''t have a formal positioning process, and it''s costing them time, money, and much more—a marketing message
process, as much as budgeting or even product development. And the better you become at it, the more successful your company will be, because it helps you make sales. Your business process for positioning can have a number of steps depending on your situation. For now, let''s zero in on the problems identified at the start of this piece. You can solve these problems with a business process for positioning that includes the following steps. Select a new team each time you need to position a product, a
What''s Wrong with Application Software? It''s the Economics
Enterprise architecture is a technology problem, not the business problem. The business problem is time, money, and quality. Focusing on modifications as an
s Wrong with Application Software? It''s the Economics Event Summary The recent TEC article, Should You Modify An Application Product resulted in an unusually high number of e-mails. Most agreed (end-users, IT professionals) with the analysis presented in the article and a few agreed (vendors) with the exception of when their favorite product or tool set was used for the modifications. We received a single e-mail that was absolutely hostile towards the position. This e-mail started with Wake up!!!
All Aboard: Effective Onboarding Techniques and Strategies
Onboarding is not a “nice-to-have,” but rather a need-to-have. You spend considerable time and money filling job vacancies@so why not take steps to ensure new
Aboard: Effective Onboarding Techniques and Strategies Onboarding is not a “nice-to-have,” but rather a need-to-have. You spend considerable time and money filling job vacancies—so why not take steps to ensure new hire retention? When you leverage new employees’ experience into competitive advantage, you’ll see greater efficiency, gains in retention and productivity, and the improved company brand that result from an engaged and motivated workforce. Find out how.
LTL Purchasing Best Practices: The 10 Essentials for LTL Efficiency and Cost Reduction
At first glance, less-than-truckload (LTL) purchasing seems like a straightforward process. However, purchasing approaches that save you money in the short term
Purchasing Best Practices: The 10 Essentials for LTL Efficiency and Cost Reduction At first glance, less-than-truckload (LTL) purchasing seems like a straightforward process. However, purchasing approaches that save you money in the short term also introduce your company to financial and operational risk. A truly successful LTL bidding process is data-driven and has very different financial outcomes for shippers, 3PLs, and their customers. Discover more about this and other LTL best practices.
Connected Intelligence: An Aspiring Approach to Planning and Reporting
Most companies are not operating at a high-quality financial management. Budgeting is slow, re-forecasting is infrequent, monthly reports lack key information
a high-quality financial management. Budgeting is slow, re-forecasting is infrequent, monthly reports lack key information, and what-if analyses are incomplete or impossible. With Adaptive Planning, companies can elevate their financial management by creating better connections—within financial plans and reports, between organizations and teams, and among professionals across the globe.
Helping Find the Way to Better Public Sector IT
In the UK, government IT has a poor track record. Too much money is wasted on complex projects which fail to deliver the anticipated benefits. However, it is
Find the Way to Better Public Sector IT In the UK, government IT has a poor track record. Too much money is wasted on complex projects which fail to deliver the anticipated benefits. However, it is possible to deliver IT projects successfully in the public sector if sensible business and technology strategies are combined within strong project management frameworks to promote a spirit of mutual understanding and respect.
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