Accounting software can be a piece or subset of a comprehensive ERP solution. Understanding this key distinction may influence your buying decisions and allow you to compare products within the same product category.
You’ve probably heard of Software-as-a-Service in regards to subscription-based ERP software, but the “as-a-Service” model has spread far beyond software and data delivery. This is because the model is based on a much larger socio-economic trend away from owning assets and accumulating objects to placing more value on experiences and services.
Dealing with change is standard operating procedure for many companies: employees leave and are hired; new products are introduced and old ones phased out; there are booms, and there are busts.
In order to become a Smart Factory and utilize Industry 4.0 technologies like Big Data and the IoT, you’ll need an integrated ERP & MES solution that allows for real-time data exchange.
We are on the cusp of the fourth industrial revolution, also known as Industry 4.0. With Cincinnati, Ohio declaring itself an “Industry 4.0 demonstration city,” the question isn’t if Industry 4.0 is coming, but rather how quickly.
Legacy budgeting technology is obsolete. Go far beyond the complexities of Excel and legacy software and utilize Smart Budgeting.
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