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ERP Implementation Cost for Small Business

Posted by admin at September 11, 2015 in ERP Software

As I meet with small businesses considering implementing of an Enterprise Resource Planning (ERP) system, one of the first questions typically asked is, “How much will an ERP implementation cost?” Whilst the real cost of ERP can only be gauged over 5 to 10 years, this discussion focuses on the cash flow spike a small business has to face at change-over or upgrade time. Even if a business moves to a service or subscription model, there is still the cost of implementation and modifications. However asking how much a typical implementation

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ERP versus Accounting? Many Small and Medium Size (SME) businesses are unfamiliar with the difference between an Enterprise Resource Planning (ERP) and an Accounting Software. While there is some crossover with ERP functionality, the two are slightly different. ERP software is a resource management system, tracking tangible and intangible assets, materials, human resources, and financial resources. Financial resources may jump out at you, but note that ERP software covers a range of functionality not generally offered by accounting softwa

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SMEs set to embrace next-generation ERP software.

Posted by admin at December 15, 2014 in ERP Software

No SME business has the benefit of hindsight or the knowledge of exactly what the future holds when it comes to small business accounting or what is better known now, ERP software; however one thing is for certain and that is the existence and increasing rate of change in our marketplace - it is real and somewhat breathtaking. What your software vendor has provided you with up until today is unlikely to be your enabler for the future. The accounting systems that may have served you well over the last 5, 7 or even 10 years are now likely to be

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Our  free financial modelling tool for startups may just be the key to your early startup success. You have to start to tackle this financial issue with a simple financial tool that is easy to use for a non-financial entrepreneur. The inputs need to be consolidated into at one data entry point and framed in a manner that is easy to understand. Our free financial modelling tool for startups is a reliable tool with a logical 3-year projection output that will help any entrepreneur build their own financial plan. It gives a generic framewo

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