Project Accounting Best Practices

Wiki Definition: Project accounting (sometimes referred to as job cost accounting) is the practice of creating financial reports specifically designed to track the financial progress of projects, which can then be used by managers to aid project management. Other famously used BUZZ words for project accounting are: Construction In Progress accounting (CIP), CAR, Planning, etc. Typically, people…

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How Legal Compliance Drives ERP Adoption

Many business factors drive ERP software adoption, not the least of which are the desire to control costs, to make better and more up-to-date information available to decision-makers, and to provide world-class customer service. But a new and important driver has surfaced in the past decade – the necessity to be in compliance with increased…

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CLOUD VS. ON-PREMISES: COST COMPARISON (PART THREE)

In Part One of this blog, we talked about your general approach to a cloud vs. on-premises evaluation, based on your business environment.  In Part Two, we listed some of the software costs that play a part in such an evaluation. In Part Three, we continue listing those factors, beginning with…

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CLOUD VS. ON-PREMISES: COST COMPARISON (PART TWO)

In Part One of this blog, we talked about your general approach to a cloud vs. on-premises evaluation, based on your business environment.  In Part Two, we’ll discuss many of the factors that play a part in such an evaluation. Those factors are listed below but don’t stop there.  Try…

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THE RELATIONSHIP BETWEEN YOUR CRM SOFTWARE AND YOUR ERP SYSTEM

Customer Relationship Management (CRM) software is customer-centric, and allows you to communicate effectively and consistently with your customers and prospects.  An ERP (Enterprise Resource Planning) system allows you to handle your financial affairs, your inventory and billings, and even to manage and track your manufacturing processes.  So, should these systems…

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Rebuttal to InformationWeek: VP Rob Preston’s “SORRY, BUT OUTSOURCING ISN’T EVIL”

Rob Preston, VP and Editor in Chief of InformationWeek, recently posted the commentary “Sorry, But Outsourcing Isn’t Evil”.  To read the full article  CLICK HERE. I have objections to his commentary, some based on the content and some based on the style.  First, my style objections.  Mr. Preston said that…

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