What is ERP It's a business brain

What is ERP?

The Best Business Decision Most Businesses Ever Make What Is ERP? ERP stands for enterprise resource planning, which is multi-purpose business software that can take the place of most or all of the applications used to run a business today. It is designed to help you consolidate all of your company’s business functions into a…

MRP Will Turn Your Business into a Manufacturing Powerhouse

Material Resource Planning Provides Manufacturing Power

       What is Materials Resource Planning (MRP)? Material Resource Planning (MRP) A material resource planning system is used by manufacturing firms to provision material, machinery, and labor for the completion of manufacturing jobs. MRP relies on bill of material data, inventory, purchasing, and the master production schedule to calculate requirements for materials. MRP…

ERP Jargon Defined

What Does the Accounts Receivable Module Do in an ERP Solution?

Accounts Receivable (AR) Module is a Key Element of Customer Management Accounts Receivable An accounts receivable (AR) application records and tracks invoices to clients. Additionally, a receivables module allows you to apply interest and manage collections. What can Accounts Receivable do for me? With this application, you can easily track late payments and interest rates.…

Accounts Payable EPR Module

What is an Accounts Payable Module in an ERP Solution?

A Key Element to Managing Your Cash Flow, Accounts Payable Doesn’t Just Cut Cheques Anymore Accounts Payable Module The accounts payable (AP) module of an ERP solution records invoices received from vendors for purchases of products and services. The AP system helps you schedule payments of those bills including issuing checks or other forms of…

Selecting the right erp for your business

Which ERP is Right For My Business?

How to Evaluate and Select the Right ERP Solution March 20, 2018 You Know Your Options You’ve felt the pain points, you’ve done the research, and now you’re convinced that implementing a new ERP system is the right step for your organization. The next step is evaluating ERP and determining which solution is best for…