Interchange Optimization

What is Interchange?

Being able to accept credit cards is a vital part of a
merchants’ business today, and there is a cost associated with
doing so. The cost of running a credit card, known as interchange,
is passed by the card brands. Interchange fees have a direct
correlation with how cards are being accepted. To be sure you are
being charged the lowest rate possible, you want to make sure your
transactions are optimizing.

How does Interchange Optimization Help My
Business?

Interchange optimization means obtaining the best rates for
business to business (B2B) or business to government (B2G)
purchases by passing all information about each transaction. Some
of these factors can include transaction size,
processing method,
 card type, and merchant industry. For the
best chance of achieving this optimization, you need to send as
much data as possible to the card issuer. The reason behind this
logic is fairly simple – the less information passed, the higher
the risk the transaction becomes.

 

Do I Qualify for Interchange Optimization?

The first thing to ask yourself when reflecting on this question
is what type of customers/clients you work with primarily. They
need to be using B2B or B2G cards to qualify for interchange
optimization. Next, the best way to ensure you are hitting
Level 2/Level 3
rates is by using a gateway
that supports it. If you are not sure, call your gateway to find
out. Finally, you need to find out what type of pricing structure
you are on. If you are on a flat rate, tiered rate, or billback,
you may not be receiving the lowest rate possible. If your
transactions are optimizing, the “interchange plus” pricing
model, otherwise known as “cost plus,” would ensure you are
getting the best rates.

The post
Interchange Optimization
appeared first on ERP Software Blog.

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An Overview of Microsoft Azure and Your ERP | Pizza as a
Service Example

As more and more businesses are turning away from their
on-premise data centers, they’re choosing Microsoft Azure,
Microsoft’s cloud computing platform, as their cloud vendor.
Using Azure, companies are able to build, scale, or store their
business applications.

To understand how Azure can benefit your business, it’s
important to understand what it is and how it’s used, all of
which we’ll discuss below. You’ll also learn how JourneyTEAM
can help you migrate from your outdated data center to the
versatility and flexibility of the cloud.

The Definition of Cloud Computing

Understanding the basics of cloud computing provides a better
understanding of what Azure is and how it works. The simplest
definition of cloud computing is the delivery of various services
through the internet such as data storage, databases, servers,
applications, networking, and software. With cloud computing, you
have access to these tools and resources directly through the web
rather than on a hard drive or on-premise device. This essentially
allows you to access business tools, software, and applications
from anywhere with a reliable internet connection. Google Drive and
Microsoft OneDrive are examples of cloud computing.

The Basics of Microsoft Azure

Microsoft Azure is Microsoft’s public cloud platform. Within
this platform, you can build and deploy applications and services
using the tools and resources within the platform. You can pick and
choose which tools you’d like to use to scale new applications or
run existing ones within the  cloud. Azure features a large
database and directory of services available to users. This
includes file storage, database, virtual machines, services for web
and mobile apps, and backups.

 

Azure provides three different levels of cloud
computing:

  • Infrastructure as a Service (IaaS): This is an
    instant computing infrastructure that runs directly on the cloud
    rather than on a traditional on-premise data center. With IaaS,
    users can run operating systems and applications on the systems
    with little maintenance and low operating costs.

 

  • Platform as a Service (PaaS): This service is
    a total development and deployment environment that features
    resources to help you build and deploy anything from simple
    cloud-based applications to sophisticated programs. You’re able
    to pick and choose which resources you need from the cloud provider
    and only pay for what you need.

 

  • Software as a Service (SaaS): This is a
    complete software service that allows users to connect to use and
    cloud-based apps on the internet. Microsoft 365 is an example of
    SaaS.

The Pizza as a Service Example

To explain how cloud computing works in comparison with
on-premise data centers, Albert Barron created the Pizza as a
Service example:

 

  • Made at home: When you make a pizza at home,
    you have to assemble the entire pizza. From gathering the
    ingredients and preparing it, to baking it. On-premise computing is
    similar to this. Your team is responsible for your entire
    infrastructure from the networking stack to the data center and
    everything in between.

 

  • Take and bake: When you order a pizza from
    Papa Murphy’s, you can choose from their list of ingredients
    which they’ll assemble, but you’re responsible for baking it
    and providing a place for it to be eaten. IaaS is similar to this
    method. Managing the operating system is your responsibility while
    the cloud vendor manages services like networking and
    virtualization.

 

  • Pizza delivered: When you order a pizza, the
    only thing you’re responsible for is providing a place for it to
    be eaten. With PaaS, your IT team is responsible for managing your
    business data and applications while the cloud provides you with
    numerous networking services and tools.

 

  • Eating out: When you go out to eat and order a
    pizza, everything is delivered right to you. SaaS is similar to
    eating out. The whole technology stack is provided to you via the
    cloud vendor.

How Azure is Used

Microsoft Azure is a cloud computing platform that is fast,
flexible, and affordable. This makes it one of the most popular
platforms on the market. Because of its agility, there are a number
of ways to put the solution to work in your organization. This
includes:

 

  • Replacing or segmenting your on-premise service
  • Analytics
  • Storage
  • Virtual computing
  • Build and scale mobile and web applications
  • SQL databases
  • Enhance and implement disaster recovery and backup
  • Innovate with IoT solutions

 

As new technology emerges, Microsoft will continue to add more
services, tools, and resources to Azure to help you do even more in
the cloud.

The Benefits of Microsoft Azure

According to one statistic, about 90% of Fortune 500 companies
are using Azure to run their business. The success companies have
seen from using the tools and resources available in Azure are just
some of the reasons organizations have chosen the solution for
their business. Additional benefits of using Azure include:

 

  • Leading IaaS and PaaS capabilities: The IaaS
    services available within Azure allow organizations to outsource
    their entire infrastructure on the cloud while PaaS enables them to
    build and deploy applications without buying and maintaining the
    underlying groundwork. Each of these services are helping
    organizations accelerate their growth.

 

  • Scalability: When an app is created, it can
    easily scale from just a few users to millions without additional
    coding.

 

  • Hybrid capabilities: If you’re still using
    some of the services on your on-prem server, Azure creates a
    reliable platform between both servers. Few solutions provide the
    range of hybrid capabilities, which includes content delivery
    networks, VPNs, and ExpressRoute connections.

 

  • Cost efficiency: Microsoft Azure is a
    pay-as-you-go platform. You only pay for the services and tools you
    need, which cuts down on IT administration costs.

 

  • Security offerings: Azure was designed on the
    leading security process system Security Development Lifecycle
    (SDL). With this platform, data is safeguarded, secure, and
    protected. Plus, Azure is the first solution to use ISO 27018,
    which is the new standard for cloud security.

Work with an Award-Winning Microsoft Gold Partner as you Migrate to
the Cloud

No matter your reason for adopting Microsoft Azure, JourneyTEAM
can help you integrate the solution with ease. Our team of
professionals can help you navigate these services and put them to
work for you. Contact us today to get started with Azure.

 

SEE
THE FULL ARTICLE HERE

 

About JourneyTEAM

JourneyTEAM has more than 20 years of experience in delivering
IT solutions to businesses. As a Microsoft Gold Certified Partner,
we’ve worked closely with Microsoft to carefully provide
organizations with Microsoft products, including SharePoint, Azure,
Office 365, Dynamics 364, SL, AX, GP, NAV, and CRM, and make them
work for you. Whether you’re in need of a collaboration,
marketing, sales, or productivity solution, JourneyTEAM can help
you find the right technology for your business. To learn more
about our team, visit our website at www.journeyteam.com.

The post
An Overview of Microsoft Azure and Your ERP | Pizza as a Service
Example
appeared first on ERP Software Blog.

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IDC Names IFS a Leader in Field Service Management
Applications for Manufacturers

Over the course of the last few years, the increasing demands of
customers have led manufacturers across industries to
embraceservice-oriented
products and solutions
 to improve customer satisfaction,
increase profit margins, and diversify offerings and revenue.
At IFS, our technology is
built to uniquely balance the diverse needs of industrial
enterprises and service companies, making us the ideal fit for
manufacturers looking towards servitization for their future
success.

service

Don’t take it from us, though—in their most recent
MarketScape on Worldwide
Manufacturing Field Service Management Applications
, IDC named
us a leader, both in terms of our capabilities, as well as the
depth of our ability to execute. Here is a video from Aly Pinder,
Program Director – Service Innovation & Connected Products at
IDC Manufacturing Insights at IDC:

At IFS, we’ve always known that we uniquely have the breadth
of capabilities, and depth of functionality to allow businesses to
recognize the completeness of their service strategy without
compromise, and to prepare themselves for whatever the future of
service holds. If you want to see how we make that a reality for
manufacturers, download
the full report here!

The post
IDC Names IFS a Leader in Field Service Management Applications for
Manufacturers
appeared first on ERP News.

Learn How To Reduce Commitments During Uncertain
Times

Are you looking for a customer or #vendorportal, AP
#invoiceautomation, or employee #expensemanagement app but don't
want to have to commit to a long term agreement? DynamicPoint
#Office365apps allow you to sign up month-to-month. Learn more:

https://www.dynamicpoint.com/reducing-commitment-in-uncertain-times/

The post
Learn How To Reduce Commitments During Uncertain Times
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ERP Buying Advice: Find the Best ERP for You

Shopping around for the right ERP is a confusing and complicated
task. It is a big decision that will impact your business greatly
no matter the decision. If you are feeling overwhelmed or lost,
you’re not alone. That is why we’ve compiled a
collection of short videos with proper ERP buying advice
that
you need to know. Even if you do feel confident, there’s always
something more you can do to ensure you‘re making the best
possible choice. All areas are covered, from common mistakes to
hidden costs.

Keep reading for a brief description of the ERP buying
advice each video provides. That way, if you see a particular video
that interests you, you can jump right to it.

 

Know When to Replace Your Current ERP

For those looking to replace what they currently have, you’re
facing a tough decision. Many questions arise when thinking about
this. Will it be worth the implementation costs, is my current ERP
outdated, and many more. Eventually, keeping your ERP or accounting
software past its prime does more harm than good. Do you know when
it’s time to move on from that old ERP system? In this brief
video our experts give you five simple things to look for.

Common ERP Buying Mistakes

It’s always wise to learn from others that came before you.
That is why we have compiled the top ERP buying mistakes that
people just like you have made. These mistakes, however
unintentional, can leave you with a system that doesn’t fit your
needs or your business. This video discusses the most common ERP
buying mistakes and simple tips to help you avoid them.

Hidden Costs from Delayed Upgrade

Most people think the cost of doing nothing is zero. But this
couldn’t be further from the truth. Waiting too long to upgrade
your ERP can have long term consequences. This video showcases some
sneaky, yet shocking ways the decision to cling to an outdated ERP
can shrink your bottom line.

Legacy and Cloud ERPs

You will come across both Legacy and Cloud ERPs while doing your
research. This video explains the main differences between the two,
so you can make the choice that’s right for you.

How the Cloud Saves You Money

The cloud has been around for a decade now, but many people are
still not taking full advantage of the economic benefits it offers.
Watch to learn ways cloud technology can help you boost your
business.

Nucleus Research

Nucleus Research is a trusted analyst firm that focuses on
giving businesses like yours the information they need to make an
informed software buying decision. One of the most helpful
documents they post each year is ERP value matrix report. This
video shows you how to work this matrix and properly interpret the
data you will see.

What to Look for in Your ERP Implementation Partner

You’ve chosen, your ERP, or at least created a shortlist of
the top 2 or 3 you’re most interested in. But what about your ERP
partner, do you know what qualities to look for? Afterall, an ERP
implementation project is a long process that requires a
trustworthy and educated partner. Watch this video to learn six key
things to look for in yours.

Demo Benefits

You will save yourself a lot of time if you know how to take
full advantage of ERP demos. They are not something you should
overlook. Learn what other benefits you can reap by watching this
video.

Once you’ve watched our playlist of short videos of ERP buying
advice, you will be ready to move forward in your journey with
confidence. Still have questions? Schedule
your free consultation
.

By: Laura Schomaker, Intelligent Technologies Inc., a South
Carolina Microsoft partner. www.inteltech.com

The post
ERP Buying Advice: Find the Best ERP for You
appeared first on
ERP Software
Blog
.

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Get an Instant Budgetary Quote For Microsoft Dynamics
ERP

If you’ve put in the time investigating ERP (Enterprise
Resource Planning) software systems, and Microsoft Dynamics
ERP
solutions have made their way to the top of your
shortlist.

You know about the robust features and how Dynamics ERP
solutions can enhance your business processes, provide you with
invaluable BI (business intelligence) for successful
decision-making, and give your employees tools that will be
familiar and intuitive. What’s the next step? Find out how much a
Microsoft  Dynamics ERP solution will cost.

Find out the bottom line

Getting a budgetary price quote for Microsoft Dynamics GP,
Microsoft Dynamics SL, or Microsoft Dynamics 365 is fast and easy.
Get an instant price quote for Microsoft Dynamics ERP solutions in
less than five minutes with the ERP Software Blog Quick Quote
Wizard.

Here’s how the Quick Quote Wizard works:

On the right-hand side of each page of the ERP Software Blog,
you’ll see an orange bar labeled: Request an Instant
Dynamics ERP Quote.

Click on the orange bar, and you’ll land on the Quick Quote
form.

Just click on the options provided for Functionality Required,
Additional Functionality, and Level of Support. Then fill in your
contact information along with the number of projected users. Click
submit, and a comprehensive proposal will appear like magic in your
inbox moments later.

The proposal will contain a budgetary estimate and provide
detailed information about cloud versus on-premise options,
implementation services, data migration, training, support plans,
video testimonials from current Microsoft Dynamics users, and
more.

You get all of this without spending time on the phone with a
Microsoft Dynamics partner or scheduling long meetings with sales
reps.

With this proposal in hand, you can begin to make an independent
and informed decision about the viability of these products for
your company. And if it looks like a fit, then you can invite a
local partner to meet with you whenever you’re ready.

Find a
Microsoft Dynamics ERP partner in your area
.

There’s no obligation; the information and price quote is a
free service that we offer to our readers.

The Quick Quote Wizard is easy, and it’s free. Why
not try it
now
?

By ERP Software Blog Writer,www.erpsoftwareblog.com

 

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Get an Instant Budgetary Quote For Microsoft Dynamics ERP

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Dynamics GP Hosting Versus on Premise Deployment: a Cost
Comparison

With so many people working from home these days, Dynamics GP
cloud hosting has never been more popular. And, out of all the
questions we’ve gotten from potential hosting clients over these
last months, a couple come up more often than any other:

  1. How does the cost compare to traditional deployments?
  2. Is it secure?

So, in today’s blog, I want to take a few minutes to share the
answers to these questions with our readers. If your new to
Dynamics GP hosting and want to learn the difference between it and
on-premise deployments,
check out this popular post we wrote on the subject
.

 

Let’s talk cost On Premise Deployment (Capital Expenditure)

  • You buy and maintain your own server on which to run Dynamics
    GP.
  • You buy your Dynamics GP software licenses upfront.
  • You pay a yearly maintenance fee for access to the latest
    software updates.
  • If you don’t have your own internal IT team to handle
    software updates, you must pay an outside consultant an hourly fee
    for their services to assist with this.

 

Hosted Deployment (Operating Expenditure)

  • There is no hardware to buy. Your hosting provider owns and
    maintains the server on which your software runs.
  • It breaks the cost of user licenses up into predictable monthly
    fees.
  • There is no separate yearly maintenance fee for the software.
    Your hosting provider rolls it into your hosting service
    price.
  • Your hosting provider handles Dynamics GP software updates for
    you. So, there’s no need for the help of an outside consultant or
    your internal IT team.

 

Now that you can see how the cost structures for the two most
popular Dynamics GP deployment options differ, I hope you’re one
step closer to deciding which one is the best for business.

What about security?

If yours is like most small businesses, you have at most one or
two internal IT staff members, which means you have limited
resources to spend on keeping your data safe. By contrast, hosting
providers are IT experts, for whom keeping customer’s data safe
is one of their staff’s top concerns. So, the security measures
they provide far surpass what a SMB can do alone. For more on how
cloud hosting can help keep your business safe, read the white
paper, “Seven Serious Business Risks Eliminated by Cloud ERP”
is a must read!


Download now

 

Still confused? Want one-on-one advice on whether Dynamics GP
hosting is right for you? Schedule
your consultation
with one of our experts. In this brief call
we’ll discuss your needs, options, budget, and timeline
recommending technology to help you reach your business goals.

 

By: Laura Schomaker, Intelligent Technologies Inc., a North
Carolina Dynamics partner.

www.inteltech.com

The post
Dynamics GP Hosting Versus on Premise Deployment: a Cost
Comparison
appeared first on ERP Cloud Blog.

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Consumer Grade vs. Enterprise Class Devices in the
Warehouse

It’s something we talk to Insight Works customers about all
the time: Can a consumer grade phone be used as a mobile computer
in a warehouse environment? Essentially, it comes down to a
question of whether a company needs ruggedly-made devices or more
garden variety types, based on the kind of work environment being
taken into consideration. This consumer-versus-enterprise argument
has endured for years but hasn’t been conclusively resolved, and
there are two reasons for this – first, the line between consumer
and more industrial grade devices has blurred, and, perhaps more
importantly, the right choice depends heavily on each
organization’s specific work processes, the aforementioned usage
environment, preferences and budget.

If you work in a warehouse environment or represent an
organization in this sector, the most important factors you should
take into consideration here include:

  • The environment(s) the devices will be used in
  • The processes they will be used for
  • The length of time they will remain in service
  • How much maintenance and downtime are deemed acceptable
  • How much mobile workers depend on their devices to do their
    jobs

The bottom line? You can make the right choice by deciding which
differences between enterprise and consumer devices are most
important in your particular work environment.

Can You Use Your Consumer Grade Phone as a Mobile Computer?

In touching on something we brought up in the beginning of this
post, you must first ask yourself…do I constantly drop my phone?
Drops are the leading cause of damage to mobile computers in
general, resulting in downtime and lost productivity; when
considering your work environment, you’ll get a greater sense of
the devices’ exposure to risk.

Putting it in a simpler context, a handheld device – such as a
mobile phone – that will land on a nice carpeted floor of an
office when dropped doesn’t need to be quite as rugged as one
that will land on concrete. Similarly, if devices will be used
outdoors, the screen should remain visible in bright sunlight; to
this end, environmental resistance and ratings are also important
considerations if the devices will be exposed to rain, snow, dirt,
dust, chemicals or other hazards in the field.

The other “frustrating” issue comes into play when using a
mobile phone’s camera as a barcode scanner. The scanning device
on a purpose made scanner uses a scan engine, not a camera. This
means scanning speeds can be much quicker and accurate. Scanning
can also often be done off-axis. Depending on the device, scanning
distances can range from a few inches to over 70 feet. Scanning
with a mobile phone compared to a purpose-made device is like
accessing the internet with a dial-up 14.4 baud modem vs fiber
optic.

Insight Works Pro Tip:It is worth noting that
just because a device may be “IP
rated
” and supposedly able to withstand the aforementioned
elements affecting its operation, it is not necessarily
“rugged.” What’s more, a non-rugged device is unlikely to
preserve its IP rating if dropped.

The way we see it, deploying consumer grade devices in the
warehouse will ultimately result in much higher replacement costs
in addition to extensive downtime and lost productivity, while
using “ruggedized” enterprise level devices will provide a
lower TCO and higher ROI (return on investment).

Beyond the durability factor, the following should be taken into
account:

  • Device Management â€“ While some consumer
    devices support solutions such as robust mobile device management
    (MDM), many phones and tablets do not, or they include security
    features that make it difficult to centrally provision certain
    applications; enterprise level devices encompass support for most
    MDM solutions and traditional IT provisioning/management
    approaches.
  • Enterprise Application Requirements â€“ Most
    consumer devices like phones can’t handle the requirements of
    high-volume, enterprise grade warehouse applications, while more
    rugged devices have faster, more accurate barcode scanners, longer
    battery life and more.
  • Security â€“ More rugged devices provide
    enhanced security features to allow lockdown of applications so
    users only access what they need to.
  • Safety â€“ Consumer grade devices are often
    not permitted anywhere near hazardous areas, such as those dealing
    with volatile chemicals.
  • Consistency â€“ It is challenging to provide a
    consistent set of hardware and software across all devices in an
    environment for extended periods of time, what with new versions of
    consumer phones and operating system updates occurring
    frequently.
  • Total Cost of Ownership â€“ Consumer devices
    may require separate peripherals for barcode scanning or protective
    cases to improve durability, adding to the overall TCO.

As leaders in taking warehouse operations to the next level
through cutting-edge products and apps, Insight Works can answer any
questions you may have about rugged-versus-consumer devices.

The post
Consumer Grade vs. Enterprise Class Devices in the Warehouse

appeared first on ERP
Software Blog
.

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‘ERP Pyramid Model’ for a Successful Project

It is a great advantage to establish a strong and
well-implemented ERP system. If we can create an ‘ERP Pyramid
Model’ just like Maslow’s ‘Needs Hierarchy’, which
categorizes human needs, we can build successful projects with
stronger foundations.

Maslow’s “Needs Hierarchy” is a theory created by
Psychologist Abraham Maslow to study the needs of people. Maslow
has divided human needs into 5 main categories (physiological,
safety, social, respectability, self-realization) and explained the
relationship between them. According to Maslow, firstly, it meets
the needs at the lower levels and then progresses to the needs at
the upper levels step by step. The Needs Hierarchy is still used as
a theory that explains people’s motivation sources and
behavior.

Inspired by this theory, we can create an “ERP Pyramid
Model” to help businesses approach ERP systems. Applications
hosted by ERP (Enterprise Resource Planning) systems
work-integrated and connected. The majority of these links are in
the horizontal hierarchy, while some require vertical progress.

We can describe this structure as levels rising above each
other, resembling the steps of a pyramid. Typically, it cannot be
moved to the next level without meeting a lower level of
requirements and criteria. A healthy ERP adaptation and project
progress will not occur if it continues to the next level without
meeting the lower-level requirements.

Let’s summarize the 6-level ERP Pyramid in the following
headings.

ERP-Pyramid-ModelLevel 1: Concepts &
Standards

Located at the lowest level of the pyramid, this step also
covers the most space. This level does not include an ERP module or
application, it represents the approach of more businesses to the
ERP philosophy. The components of the first level that shoulders a
full load of other digits rising exponentially are:

  • All departments in the business have ERP awareness and basic
    concepts.
  • Task shares in the organization are specific and defined.
  • Uncovering current functions, process steps, and needs.
  • Having a project team and key users to take part in ERP
    transformation

Of course, all the above components don’t have to be perfect.
Some components will be better understood at progressive levels and
will be further deeper across the business. However, the apparent
weakness or lack of components at the first level will cause
disruptions as they move forward at later levels.

Level 2: Basic Data

Basic data are elements that provide input to all applications
in the ERP system. The basic data needed to create
documents/records in ERP modules are mandatory for the effective
operation of the system. For example; to create a “Purchase
Order” in the system; material basic data, supplier information,
purchase price, etc. are needed.

The main categories of Basic Data in ERP systems are:

Material Basic Data (raw material, semi-product, product,
commercial material, etc.)

  • Customer & Supplier Basic Data
  • Cost (Expense) Centers
  • Production Work Centers
  • Product Trees (BOM)
  • Production Operations and Routes
  • Warehouse & Stock Place (Shelf) Definitions
  • Sales & Purchase Price Lists

The design, editing, and management of basic data are some of
the critical success factors in ERP projects. Basic data designed
incorrectly or incompletely transferred to the system will
adversely affect the operation of all other modules. In order to
proceed firmly towards the next steps of the pyramid, basic data
must be properly designed and managed.

Level 3: Main Processes

At this level, we can now start running modules in the ERP
system. The main processes are mainly modules within the classic
frame of ERP. Identification, adaptation, process design,
commissioning activities are carried out for each module. These
processes are fed by well-designed basic data and the first returns
of ERP are seen by commissioning the main processes. After this
stage, our goal should be to achieve the benefits expected from the
ERP system.

Examples of main processes (modules) for this topic are:

  • Sales Management
  • Purchasing Management
  • Accounting & Finance
  • Production & Planning
  • Quality control
  • Warehouse and Inventory Management

Level 4: Top Processes

The upper processes step includes basic data and advanced
applications that are above the main processes. We can give
examples of the modules commissioned at this level as follows.

MRP – Material Requirement Planning:To
calculate material needs through the system; purchase, sales,
inventory management, production modules must be actively in use
and provide up-to-date information.

Standard Cost: For the standard cost that we
can also qualify as an estimated or projected cost account; product
trees, purchase prices, route operations, standard times, unit
activity cost information is needed.

Supplier Assessment: To give our suppliers
points and evaluate certain criteria; supplier cards, purchase
orders, receipts, input quality control processes will be required.
In addition, the calculation of “Realized (actual) Cost”
requires data from other modules to enable the system to be
traceable from start to finish, capacity planning, and further
scheduling processes. Upper processes are structures that feed on
the data formed in the lower steps of the pyramid and rise above
them.

Level 5: Management Reports

Management reports and business intelligence applications, which
are among the biggest benefits of ERP systems, are at level 5. Data
created by all users is translated into interpretable information,
summary reports, and a meaningful result. The reports required to
realize this transformation are designed and made available to
management teams. Reporting applications can be supported by
“Business Intelligence” tools so that ERP has a “Decision
Support System”. Let’s take a look at the following scenarios
to better understand the relationship between getting management
reports and other steps:

The barrier to reporting material inventory and amounts
up-to-date may be a glitch for underlying data in the second step.
To accurately calculate the costs that have occurred, it may be
necessary to provide more detailed training to key users in the
first step. The solution to getting an administrative report
correctly can be achieved by eliminating inaccuracies in different
steps. Sample output may be reproduced based on the data in the
different components in the ERP system

Level 6: Continuous Improvement

“Maslow’s Hierarchy of Needs” which we mentioned at the
beginning of the article is valid for individuals and the top step
is defined as “Self-Realization”. The institutional structure
of this level can be seen as the top step in which all the benefits
expected from the ERP system are taken. Activities performed at
this level are:

  • Control of the commissioned processes, process improvement
    studies
  • Control of the data generated in the ERP system and increasing
    the data quality
  • Commissioning the new processes and modules
  • Ensuring that the benefits gained from the ERP system are
    permanent
  • Detecting and correcting what kind of defects at which step
    should be seen as part of continuous improvement activities.

Solution:

An enterprise that is prepared for an ERP journey or wants to
benefit from the existing ERP system more effectively can determine
its targets and strategy more clearly by making an evaluation on
the basis of these levels. Correcting the deficiencies in the weak
steps of the pyramid is an imperative need to move up to the upper
levels.

Establishing a strong and permanent ERP system can give the
business a great advantage. Businesses should strive to build
robust and constantly strengthening ERP systems, rather than
building sandcastles that will be destroyed by the first sea
wave.

Written By:

Kaya Metinkaya / IAS
Ä°zmir Consultancy Manager

The post ‘ERP
Pyramid Model’ for a Successful Project
appeared first on
ERP News.

SAP S/4HANA Named a Leader in Independent Research Firm’s Q3
2020 Evaluation of Digital Operations Platforms for Manufacturing
Businesses

SAP SE (NYSE: SAP) today
announced SAP was ranked a market leader in “The Forrester
Wave™: Digital Operations Platforms for Manufacturing Businesses,
Q3 2020.”

Digital Operations

In the report, SAP S/4HANA was cited as a leader in digital
operations platforms (DOPs) for manufacturing businesses, with the
highest score in the current offering category of all 13 vendors
reviewed.

In this 27-criterion vendor assessment, SAP received a score of
five out of five in the current offering category’s criteria of
finance and accounting, EPM, procurement, execution, inventory,
warehouse management, maintenance, repair and operations, supply
chain management, order management, billing and revenue management,
and internationalization. In the strategy category, SAP received a
five out of five scores in the product road map, partner ecosystem,
and transformation strategy criteria. Within the market presence
category, SAP received the highest possible scores both in the
“number of large enterprise customers” and the “total
revenues in category” criteria.

SAP was shown to be the largest digital operations platform in
terms of revenue and, according to the report, “Historically, the
firm has been a dominant force in the market for large, complex,
global operations’ needs, in addition to offering front-office
solutions and products for midsize enterprises and small and
medium-sized businesses (SMBs).” This versatility stems from the
modern, AI-driven,
flexible, and easy-to-use nature of the SAP S/4HANA product.

The report stated: “SAP has comprehensive functionality for
all major areas of DOP and a modern architecture that’s built for
modularity, flexibility, and intelligence. It’s the number one
finance solution for large enterprises globally by market share.
SAP has some exceptional strengths, such as flexible billing,
in-memory planning, and reports on live data.”

According to SAP, these findings suggest that SAP has
demonstrated its ability to meet the needs of digital businesses
and enterprises of all types while empowering them to be more
resilient.

Learn more about “The Forrester Wave™: Digital Operations
Platforms for Manufacturing Businesses, Q3 2020,” here.

The post
SAP S/4HANA Named a Leader in Independent Research Firm’s Q3 2020
Evaluation of Digital Operations Platforms for Manufacturing
Businesses
appeared first on ERP
News
.