The entire point of an audit – whether focused on processes, payments, security, or anything else – is to identify problems. Performed internally or by a third party, an audit is capable of digging into the fine details of the way a business operates, and that usually means uncovering practices and policies that aren’t working, gaps in training, or operational …
What Is ERP?
Perhaps you’ve heard the term “ERP” floating around your online circles. Maybe you’ve heard it mentioned by someone in your organization. With increasing popularity (and huge benefits for businesses of all kinds), it’s no surprise that ERP is making its way into water cooler chats and strategy sessions. So, in case you aren’t already familiar with what ERP is – …
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. …
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 …
Tips for Implementing HR Software
Maybe you can remember the time when taking care of employee issues was simply looking around the office, making a few decisions about employee time-off, sick days, hours worked and occasionally advertising for and hiring a new employee. Then, because your business grew before your eyes, those previously simple tasks became complex, and time-consuming. This is where HR Software steps in …
The Need for Effective Hospital HR Management
The value of human resource management is often overlooked by many healthcare firms. However, the effect of a properly managed department can have a tremendous impact on the overall health and performance of the facility. Investing in a hospital HR management system is one of the best ways to increase productivity and enhance overall administration. If you are an acting hospital HR manager, here …
Integrating ERP and Supply Chain Management
Integrating your ERP and Supply Chain Management can make a world of difference. Consider this scenario: The Supply Chain Director shows up at your desk asking who manufactures that cable. He wants to know how many we usually order, too. Your reply startles him. You tell him the company you buy the cable from doesn’t manufacture it, they’re a 3rd party …
Taming the Vendor Returns Monster
The vendor returns “monster” can be quite a formidable foe, and we’d bet many of you have found yourself pitted against him. Consider this familiar scenario: The administrative assistant comes over to your desk and asks if the office supply company applied $100 credit to the company account. You’re behind on your payable work load today and tracking that credit requires an …
How HR Software Will Boost Productivity
Without a doubt, skilled and experienced personnel are necessary for any business that wants to prosper and thrive for the long-term. However, in this day and age, technology is becoming increasingly important to the bottom line of most companies. Here are some of the ways HR software will boost productivity. Streamlining Processes One advantage of HR software is that it …
PeopleSoft Human Capital Management In Universities and Hospitals
On October 28th, 2015 it was confirmed that Ohio State upgraded to Oracle’s new PeopleSoft Human Capital Management 9.2 and successfully deployed the PeopleSoft Interaction Hub. These systems are going to help the university comply with the Affordable Care Act and other tax regulations. This is just one example of how PeopleSoft can be implemented to help advance institutions from …
