I told my team a few weeks ago that I have started learning Arabic. There were a few raised eye-brows and finally, “Why Arabic?” Well, Arabic is so far removed from all the other languages I have learned, and I needed a new challenge. And I can do this on my mobile using Duolingo.
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Topics:
ERP and Analytics,
Education,
Training and Certification,
ERP Education,
ERP and Data,
ERP and Digitization
Nowadays, we take information technology (IT) for granted and simply expect it to be intuitive to use and for it to simplify our lives. IT enables our personal and business processes and actions to help us lead organized and effective lives. But the ins and outs are completely interconnected. You cannot have one without the other, and successful outcomes rely on what’s put in.
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Topics:
Business software,
Technology (or Enterprise Technology),
ERP and Analytics,
ERP and Technology,
ERP and Data,
ERP and Digitization
How does BI differ from ERP?
ERP systems essentially integrate all the disparate functions within your business and overcome the so-called ‘silo mentality’ by creating a single, centralized data architecture. The ERP software collects, stores and manages data relating to business activities. The principal output of ERP software is business efficiency and cost-savings.
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Topics:
Business software,
Technology (or Enterprise Technology),
ERP and Analytics,
ERP and Technology,
ERP and Data,
ERP and Digitization
If I had ever, in my youth, invented an acronym, I believe it would have been ‘GARR’. GARR represents the repetitive processes that countless financial workers have suffered through since the invention of…well…finance. Finance, almost by definition, requires attention to detail, and for a finance worker, the details are in the data. And if you rely on data, then somebody needs to GARR:
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Topics:
ERP and Financial Management,
ERP and Analytics,
ERP and Technology,
ERP and Data,
ERP for Finance
In rapidly evolving markets, businesses today have no other option but to increasingly rely on data and analytics. Inundated with information, and the time is takes to correlate and gather multiple data can be tedious, often leading to errors. We’re only human after all. But with data warehouses, a company is provided with a practical, scalable solution.
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Topics:
Business software,
ERP systems,
ERP and Analytics,
ERP and Data,
ERP for Inventory
Recently I was I lucky enough to take a break from cleaning barnacles off the hull of the good ship SYSPRO to spend the week attending the Microsoft Build conference in Seattle. Microsoft uses this conference to communicate their technology vision and strategy to technology professionals. It’s a great way for nerds to get their creative juices flowing – so, apologies in advance for the long post! Stick with me, and I’ll try to end on a lighter note.
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Topics:
Software development,
Business software,
Cloud computing,
ERP and Analytics,
ERP and Technology,
Digital Business and ERP,
ERP and Digitization
The future for companies that don’t embrace digital transformation and digitization (the digital technology used to enable digital transformation) looks increasingly challenging.
To ensure that your organization can leverage these new solutions, you need to understand what exactly digital transformation is, to then embrace it.
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Topics:
ERP systems,
ERP and Analytics,
ERP and Technology,
Digital Business and ERP,
ERP and Digitization
I’m sorry, Dave. I’m afraid I can’t do that.
Ever since the fictional ‘sentient computer’ HAL 9000 went rogue in ‘2001: A Space Odyssey’, people have been uneasy about the idea of machines being able to think for themselves.
Recent business thinking has come around to the more enlightened view that machines that are exclusively programmed by humans will have inherent limitations in their ability to mine data for insights and predictions. That’s where machine learning comes in – the ability of computers to perform tasks without explicit instructions.
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Topics:
ERP and Analytics,
ERP and Technology,
Digital Business and ERP,
ERP and Digitization
It’s a fascinating time to be in finance, especially for those of us who enjoy a challenge, change, and personal growth. For those who don’t, the way ahead could be tough. Industry 4.0 becomes the prevailing paradigm for manufacturing, finance, new technologies, collaborations and new ways of thinking need to be embraced.
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Topics:
ERP and Financial Management,
ERP for Manufacturing,
ERP and Analytics,
ERP and Technology