January 1, 2020
SAP system software enterprise resource planning

5 Differences SAP Business One Has Compared to Other ERPs

When business owners start shopping around for their own enterprise resource planning (ERP) software, one product name is sure to come up: SAP Business One. It was first launched as […]
December 25, 2019
hand pointing on ERP concept

6 Ways an ERP System Can Improve Your Business

The term enterprise resource planning (ERP) as we currently know it was coined fairly recently in 1990. But systems that lived up to the spirit of today’s ERPs have actually […]
December 18, 2019
hand typing on a laptop

What Is an Integrated Accounting System and How Can It Help Your Company?

In simple terms, an integrated accounting system is a software package that consolidates several major financial accounting processes. Whereas businesses were once dependent on keeping separate books and files for […]
December 11, 2019
writing at notebooks and working on laptop

6 Tips on How to Negotiate with Your Suppliers More Skillfully

In the midst of dealing with other priorities, businesses tend to give negotiations a back seat. It may be the case that they put full trust in the first pricing […]
December 4, 2019
Girl writing on clipboard

How Materials Requirement Planning Can Help Improve Your Inventory Management Process

Materials requirement planning, or MRP for short, is the term for a computerized system that helps businesses manage the inventory control, production schedule, and purchasing schedule of manufactured products. Previously, […]
November 20, 2019
ERP Systems

Understanding the Differences between ERP and MRP Systems

When you’re considering the installation of software to complete vital business processes, two of the most common acronyms you’ll encounter are ERP and MRP. MRP stands for material requirements planning, […]
November 13, 2019
Cost

Understanding the Concept of Cost Modeling in Your Procurement Process

Cost modeling is a key purchasing strategy that helps companies understand what factors determine the cost of their products. Even if this is the first time you’ve heard of the […]
November 6, 2019
Self-Serve Kiosks

6 Advantages of Installing Self-Serve Kiosks for Your Retail Business

If you’ve seen more self-serve kiosks pop up in retail businesses around you—such as in a local fast food chain, a supermarket, a drug store, or other multichannel store—there are […]