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With an increasingly widespread business development, companies are starting to look for various business strategies that can help them to keep up with these developments. In addition, many companies have begun to switch to using an ERP software such as Acumatica Cloud ERP to support a good business growth strategy.

Many companies have admit that with the use of this ERP software, it can improve their business processes. But what is ERP software?

erp software

Briefly speaking, ERP software is a system that allows us to plan and optimize the entire business through the collection, interpretation and analysis of vital business data.

ERP Software For Strategic Planning

Strategic planning involves making blueprints for the future of the company. In today’s business scope, companies need knowledge to build a good strategy and that’s what ERP software does for companies. ERP software can provide companies with critical data, enabling companies to be able to make informed decisions, manage day-to-day operations, develop and implement strategies with confidence.

ERP software for strategy execution and management

With data that has been collected by ERP software, management can prepare the entire business process that has been optimized in various levels. ERP software can also keep all management staff constantly getting the latest information they need to make the right management decisions and implementations to control and optimize the strategy.

ERP software as the heart of business strategy

With the power of ERP software, companies can do things that can improve and grow business growth. With the help of every feature of ERP software like Acumatica Cloud ERP, companies can optimize their business processes and manage every aspect of their business such as finance, accounting, distribution, manufacturing and so on

Are you looking for something in your business that is able to provide more profit, increase productivity, simplify business processes and save costs? Then Enterprise Resource Planning (ERP) Software is the right answer for those question.

What is the purpose of ERP?

If every department in the company has a software or system that does not interfere with the use of other departmental software, then you will experience problems that can hinder the flow of information and analysis, employee productivity, and sales progress.

ERP Solution

The purpose of ERP is to eliminate those problem. ERP software connects software from every department (finance, HR, marketing, logistics, etc.) to an integrated system that enables workers to capture, manage and share important information easily and efficiently.

What can ERP do for your business?

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The use of ERP (Enterprise Resource Planning) Systems is vital to ensure that internal processes within the company are running according to standards in order to improve productivity and better workflow.

Like most systems, ERP systems also need to be maintained regularly. But unfortunately, many companies fail to realize this until something goes wrong and their data is lost.

the company erp system

There are various threats faced by ERP systems, these threats can occur either from external factors or from within the company ERP system. Some of these include employees, lack of knowledge, lack of security, hackers and the complexity of the system itself. However, by following some of the following tips can help you in optimizing the functionality of your ERP system. Read more

Fixed asset management may not be something that companies typically list their priorities to, but having an effective fixed asset management can provide a variety of benefits that can not be missed.

It is understandable that many companies fail in this area because fixed asset management is something that not only requires a lot of effort but also requires the right process to be done effectively.

fixed asset

Let’s look at the common challenges the company facing , key considerations for managing fixed assets and the benefits of fixed asset management. Read more

In the scope of rapid business development, decision makers must be able to make important decisions that can impact business development. The HRIS system offers many administrative advantages and strategies for HR planning (Human Resources) and appropriate decision making.

The HRIS system lets you analyze HR data so you can be responsive to the state of the market and turn your horizons into real business growth.

HRIS system

Initially, HRIS’s system is only used as a resource that enables data input and storage capabilities. But lately the HRIS system has evolved into a software that supports analytics operations. Read more

If you are considering the use of an ERP system for your business, chances are you will be faced with so many options. When you consider that option, one of the important decisions you should make is whether you will be using a cloud ERP or ERP that is installed on your computer (on-premise)?

on premise vs Cloud ERP

The basic difference between on-premise and cloud ERP is very clear, on-premise ERP is installed on your computer and server devices that are then managed by your IT staff, but cloud ERP or commonly known as SaaS (Software As a Service) where all data is managed over the internet and accessed by using a web browser. Read more

While there has been considerable progress in the management of assets over the past few years, many companies still adhere to the inadequate use of Excel spreadsheets and other manual practices when tracking their fixed assets.

Fixed-Asset

Fixed Asset Management offers a wide range of solutions such as tracking location-based assets, calculating fixed asset transaction records, enabling acquisition of new assets through the purchasing process (eg supply chain management), eliminating duplication of work and producing good management reports that can satisfy business needs and replace Use of spreadsheets or other manual practices. Read more

Most small businesses start their accounting systems manually, then they start using QuickBooks or Excel when their expenditures start getting harder to track. Therefore, you should start considering the use of an accounting system that can grow in line with your business.

accounting system

If you are not sure about what software should be used, it’s a good idea to consult a software consultant to assess your business needs and recommend some appropriate accounting software. Read more

Inventory management is all about knowing what you have in your warehouse and where your inventory is. But if not integrated with your back-office system, and simply relying on inventory management systems alone can not effectively optimize your inventory, or ensure the value of inventory assets in your financial statements match what is in the physical stock – at least not without intervention and reconciliation manually.

inventory management

To optimize inventory management, leading companies usually integrate their inventory software directly with back-office systems as well as accounting. This integration provides a competitive advantage with the ability to plan effectively and minimize the costs and possible errors associated with manual reconciliation. Read more

For retail companies, inventory is one of the most important aspects of business. But it’s also one of the most difficult things to track. Every day, new sales, returns, receipts and forgery affect your inventory levels. Keeping track of everything in real time is one of the most important tasks to keep your business moving.

retail management

This is why your retail business needs specialized inventory management software.

The Benefits You Get From Inventory Management For Your Retail Business

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