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The digital age has put online businesses at risk from malware, phishing attacks, and ransomware. Use 7 best practices to protect your ERP software.

Enterprise resource planning (ERP) software creates a system of business applications designed to streamline and automate the back office functions of your organization--including accounting,...

An accounting system will only handle one area of your business (financials), while an ERP is supposed to handle all aspects of running your business. Despite these differences, there remains a misconception that leaves many people sharing the terms interchangeably.

Enterprise resource planning (ERP) systems are a critical part of any modern business.

Up to 75% of all ERP implementations fail. Failures can lead to lost revenue and even lawsuits. Here is a list of the 11 most notorious examples of ERP failures.

Business intelligence is a technological infrastructure that compiles, parses, and turns data into actionable information. Learn how BI works and view examples.

Amortization writes off the cost of an intangible asset over its useful life, while depreciation tracks loss in value for tangible assets—view formulas, examples, and differences.

Calculate manufacturing overhead costs by summing up your facility’s indirect expenses. View examples and formulas and learn how to calculate predetermined overhead rate.

Jumpstart your dashboard with these eight Power BI examples, then learn nine best practices for building a clean and concise design with actionable insights.

Inventory shrinkage occurs when actual inventory levels are lower than your accounting records. Learn about causes, prevention, and how to calculate shrinkage rate with examples.

Dropshipping is where a retailer relies on a third-party supplier for inventory and order fulfillment. Find out how you can leverage this low-risk business model for your store.

Depreciation is an accounting practice of allocating the cost of an asset over its useful life.

Quality control is a set of procedures that ensures mass-produced goods meet predefined quality standards. Learn QC benefits, methods, and its role in quality management.

A variance report is a planning document that compares budgeted amounts for expenses and revenue to actual results. View examples and learn how to write a report.

A master production schedule is a plan manufacturers use to determine product types, quantities, and output. Learn how to prepare an MPS, view examples, and download templates.

Software testing is the process of assessing a software application to evaluate its functionality and verify that it meets user expectations. Review common types and techniques.

Rough-cut capacity planning (RCCP) helps manufacturers determine whether they have the necessary labor and raw materials—or capacity—to meet planned production.

Enterprise resource planning (ERP) has a long and storied past, stretching from manufacturer's ledger books in the 1940s to the integrated suite of business applications we know today.

A master production schedule (MPS) is a plan based on independent demand, and MRP determines production based on dependent demand. Read on for definitions, examples, and diagrams.

Software Connect has collected over 50 ERP statistics you need to know to fully understand the potential benefits, costs, and drawbacks.

Successful ERP implementations take between 4 and 6 months on average. Projects take longer depending on company size and customizations.

We surveyed 158 construction businesses and shared the results in our 2018 construction technology trends report. Find out how contractors are investing in the future.

Enterprise resource planning (ERP) software is a popular method for managing business operations, particularly those which involve financial management.

Most workplaces depend on an ERP to handle all sorts of business processes. Yet what exactly is ERP? Find out how an ERP system can help your business flourish.

Too many manual processes putting the hurt on your financial management efficiency? Find out how to find and evaluate the right software to improve automation.

Learn about the construction industry's accounting methods, such as accrual and cash, to handle long-term contracts and revenue recognition like CCM and PCM.

The very short version is: ERP covers primarily financial processes while CRM is focused on external customer communication. Find out which your business needs.

There are always ways to improve your business operations. Two popular types of software for streamlining business processes are enterprise resource planning (ERP) tools and manufacturing resource planning (MRP).

Do your needs require an industry-specific ERP? Or will mainstream ERP products provide the features you need? We survey 25 popular products to find out.

Enterprise resource planning (ERP) software typically comes packaged à la carte. Customers can choose components to add or remove functionalities as needed.

How much time will it take to transfer business data from one system to another? What's involved? What are the stakes? We connected with an implementation expert to get answers.

In today's age of digital transformation, the top ERP vendors are: This is because more and more businesses are taking advantage of the benefits of enterprise resource planning (ERP) software.

Enterprise resource planning (ERP) software offers many benefits to businesses. As a software suite, ERP includes many popular features for customizing your company operations across multiple departments.

Dynamics GP is an accounting software developed by Great Plains Software Inc. of Fargo, ND, and acquired by Microsoft Corporation in 2000. Learn the history and future of GP.

Gain a better understanding of the manufacturing execution systems (MES) and software which make it possible to turn raw materials into finished products.

How are today's most successful fundraisers using technology to succeed? Find out how software, communication channel, and payment acceptance decisions impact fundraising success.

Process manufacturing involves using a formula to create a product, while discrete manufacturing involves assembling distinct individual parts into a product.

QuickBooks by Intuit is a well-known accounting software designed to help small to medium-sized businesses manage their finances. Learn more about QuickBooks products.

Construction billing isn’t easy. Learn about the three top methods of advanced, progress, and arrears to get a better understanding of your own processes.

The world of the ERP software market overview has existed in some shape over the last 40 years, and the competitive landscape continues to grow every year.

You don't have to choose between keeping your on-premises solution or implementing a new cloud-based one: a Hybrid ERP combines on-premises ERP and cloud-based software, creating a solution that is the best of both worlds.

Computerized maintenance management systems (CMMS) and enterprise asset management (EAM) both optimize the maintenance of equipment and assets.

Demand forecasting is the process of developing the best possible predictions of future consumer demand. Businesses can optimize inventory levels and pricing strategies using historical data, customer surveys, and expert opinions.

Enterprise resource planning (ERP) solutions, an integrated suite of business applications, allow organizations to streamline and optimize their business processes, such as financial, sales, and...

Enterprise resource planning (ERP) and enterprise performance management (EPM) solutions help companies automate and improve business processes. More specifically, ERP solutions streamline management of day-to-day business processes and transactions.

Supply chain management (SCM) is the active coordination of goods and services to the end destinations. The goal is to reduce production costs by streamlining operations.

Maintenance, Repair, and Operations (MRO) inventory refers to all items necessary for maintenance work and day-to-day operations.

All licensed recreational cannabis establishments must use a seed-to-sale tracking system. These systems track the cannabis life cycle and monitor compliance.

Marijuana dispensaries buy their weed from commercial cannabis growers or they grow it themselves.

To pursue this in-demand career, property managers need several things, including accreditation, knowledge of real estate markets and property management software.