ERP Archives – Musato Technologies
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ERP

Enterprise resource planning software for businesses

Enterprise resource planning software (ERP) was once solely the province of large corporations looking to run their entire operation from a single software framework. Today, the cloud allows small to midsize businesses to take… Continue reading

3 key steps for selecting  ERP systems for your business

What is an ERP system? It’s a software package that manages key functions in your business with a shared information database.

ERP systems allow you to automate and efficiently… Continue reading

5 Enterprise Resource Planning (ERP) Trends to Know in 2018

Enterprise resource planning (ERP) requires many components and many different tools. In this piece, we examine five ways ERP is evolving to make your implementation easier.Enterprise resource planning

Most businesses that have moved beyond the startup phase are likely looking into acquiring enterprise resource planning (ERP) software. Whether you’re trying to get a handle on how your customer relationship management (CRM) efforts are impacting your bottom line, or if you’re tracking revenue from point-of-sale (POS) to research & development (R&D), ERP can be an asset to your company.

Although ERP is one of the older segments of the business software landscape, ERP vendors are consistently evolving to become more powerful, more affordable, and less complex. Mega-vendors such as Oracle and SAP have a major share of the ERP market, but newer companies are nudging their way into the space with Software-as-a-Service (SaaS) options that are changing the game. In this piece, we’ll examine the most important trends to expect from the ERP industry in 2017. Continue reading

The modern approach to choosing an ERP system

Today’s ERP System landscape offers more options than ever before. Here’s a look at how two companies took a strategic approach to choosing the right software for their needs.ERP system

The number of options that companies have when choosing an ERP system has changed in a big way. Just take Stratus Ventures Group, which invests in early-stage startups. When the company decided to deploy an ERP system that would be used to run three of its portfolio companies, it started with one overarching requirement: The software had to be cloud-based, and it could not be an Oracle or SAP product.

“They are slow-set in concrete,” Ofir Baharav, general manager of Stratus, said of the biggest names in legacy ERP. “You build them, and then you can’t really move much unless you have a sledgehammer.”

The changing definition of ERP

A seismic shift has occurred in the ERP landscape. The term ERP once evoked a years-long, multi-million dollar deployment followed by a 20-year commitment to an inflexible product and for good reason — that’s what an ERP implementation typically required. Yet that’s changing for companies both large and small. Today’s ERP can be whatever a company needs, from isolated pieces of back-office functionality to full-blown cloud-based suites tightly integrated with customer-management systems. Continue reading

Choose the best ERP software for your organization

Whether you’re a business looking to consolidate processes or looking to reduce overhead, getting the right ERP system is crucial. Find the best ERP software for you.ERP software

ERP systems come in many different forms, so it is important to find the best ERP software to help you achieve your business goals and optimize your systems and processes. Since ERP is one of the most difficult systems to implement because of its end-to-end impact on corporate systems and operations, the success of your ERP implementation is as important as the ERP system itself.

Not every company is the same. Choosing the best ERP software isn’t just a matter of looking at the features and offerings of different vendors. It’s a matter of looking at those features and seeing how they best fit your company.

While every ERP software vendor has essentially the same functions, each one caters to a certain industry and company types. Here are several common ERP use case scenarios in which you might find yourself, as well as the products that might help you resolve issues and achieve goals. Continue reading

Microsoft Dynamics 365 for Finance and Operations

Microsoft Dynamics: Business Edition Software Overview

Microsoft Dynamics 365 for Finance and Operations, Business Edition is a cloud-based accounting system that’s Microsoft Dynamics 365easy to navigate and tightly integrated with Office 365 and other Microsoft cloud applications. It’s a solid offering but may lack features that some small and midsize businesses (SMBs) require.

Formally launched in November 2016 and still something of a work in progress, Microsoft Dynamics 365 for Finance and Operations, Business Edition (Dynamics 365) joins other current Microsoft Dynamics enterprise resource planning (ERP) applications, including Dynamics GP and Dynamics NAV, among others.

What Microsoft Dynamics 365 brings to the table is a focus on small and midsize enterprises (SME) and a cloud-only deployment model. Prices start at $40 per month per user, though each “Team Member” (users that only need to observe but not enter or change information) pays only $5 per month. As with most SME ERP and accounting systems, you’ll have to deal with a Microsoft Partner to obtain the app, so you’ll only get a final cost once that entity has added its charges.

While Dynamics 365 was a solid offering, its current lack of CRM, payroll, and project management (PM) capabilities keep it behind our current ERP Editors’ Choice winners Oracle NetSuite OneWorldLearn More at Netsuite and Syspro$199.00 at Syspro, at least for now. Continue reading