IV&V (independent verification and validation) is all about quality control. The process can identify issues and reduce costs. Ensuring the development of products, services, and software within the bounds of compliance and desired functionality is the goal. …But what projects stand to benefit from IV&V? While a host of different industries can (and do) utilize IV&V in various forms, the most …
The Future of ERP
The Future of ERP The future is tough to predict, but by looking at trends – especially in technology – we can get a sense of where ERP is headed. We may not be able to foresee all of the potential changes. In fact, it’s even likely that new developments will change future ERP in completely unexpected ways! Outside of …
Cloud ERP in the SCM Sector
Supply chain management is central running an efficient operation. A supply chain involves numerous vendors, multiple departments, and any number of employees – all working together to make sure supplies, raw materials, and stock are in place to meet customer needs. More and more companies are recognizing the benefits ERP software can provide in the SCM sector. As technology continues …
What is Independent Verification and Validation (IV&V)
Systematic quality control is essential for meeting customer and regulatory standards. With that very need in mind, Independent Verification and Validation (IV&V) is a method of meeting requirements and establishing assurance of quality. To understand the two components simply: • Verification is the evaluation that a product, service, or system is compliant with regulations, legal requirements, etc. • Validation is …
The Effect of ERP on ROI
For all the considerations a given company might have to make… From product quality to community outreach, continuing education to guiding principles and so much more… One factor remains a central part of every business: MONEY. No matter how you slice it, finances play a huge role in the operation of any organization. Even with higher missions, service to customers and …
How to Select The Right ERP System
If you’ve made your way to this article, you’ve taken the first step toward an ERP system in your business… Now you’ve got the hard part to deal with. What system will you choose? Selecting an ERP system is no small undertaking. Not only do you have many factors to consider, you also have a learning curve and training to …
ERP in the Financial Sector
All industries rely on resources. Those “raw materials” can include people, models, intellectual property, and so on – not just commodities or fuel. Managing resources of all kinds is a critical part of running a successful organization. Today, we’re looking at how ERP can be implemented in the financial sector to keep track of the unique “resources” of the industry. …
Challenges of Implementing an ERP
The benefits of ERP systems are numerous. Whether it’s obvious improvements to organization, or slightly more “hidden” advantages like reducing overhead or inspiring more collaboration – if you look for the good stuff, you’ll find it! Every ERP provider is more than ready to give you a list of benefits… But what about the Challenges of Implementing an ERP? Implementing …
Cloud ERP in Manufacturing
Manufacturing today is no small undertaking. With rising costs of labor and materials, evolving technology, and more informed consumers than ever, manufacturers are walking a tightrope of managing expectations, overhead, a global customer base, and countless other pitfalls. For all of these challenges, cloud-based ERP systems provide solutions. It ultimately comes down to data management – exactly what ERP software …
Cloud ERP vs. On-Site ERP
When choosing an ERP solution, you’re faced with two main options: on-site (or on-premise) software, or cloud-based software. Before making a choice, it’s important to understand the differences between the two types of systems, and see the strengths and weaknesses of each so you can make an informed decision. The big difference is how each system is “delivered.” With on-site …
