Enterprise Resource Planning (ERP) and Customer Relationship Management (CRM) are two sides of the same profitability coin. ERP and CRM are similar in many ways, as they are both used to increase the overall profitability of a business. These systems overlap in some areas, and can be completely integrated in others.
At its most basic level, ERP software integrates these various functions into one complete system to streamline processes and information across the entire organization. The central feature of all ERP systems is a shared database that supports multiple functions used by different business units.
Finance is a field that deals with the study of investments. It includes the dynamics of assets and liabilities, (known as elements of the balance statement) over time under conditions of different degrees of uncertainties and risks. Finance can also be defined as the science of money management.
J.D. Edwards World Solution Company or JD Edwards, abbreviated JDE, was an Enterprise resource planning (ERP) software company. Products included World for IBM AS/400 minicomputers (the users using a computer terminal or terminal emulator), OneWorld for CNC architecture (a client–server fat client), and JD Edwards EnterpriseOne (a web-based thin client).
Microsoft Dynamics NAV If your business is growing and ready to take on more opportunities, Dynamics NAV can help. An easily adaptable enterprise resource planning (ERP) solution, it helps small and medium-sized businesses automate and connect their sales, purchasing, operations, accounting, and inventory management.
PeopleSoft Financial Management Solutions (FMS) and Supply Chain Management (SCM) are part of the same package, commonly known as Financials and Supply Chain Management (FSCM). PeopleSoft Campus Solutions (CS) is a separate package developed as a student information system for colleges and universities around the world.
When Fitrix Purchasing is integrated with Fitrix Inventory Control, Replenishment, Production Order Processing, Order Entry, Accounts Payable, and General Ledger you have a comprehensive purchasing system that will track your purchases from the moment they are ordered to the moment your vendor invoices you.
Sales and Marketing: two terms we oftern hear together when working with mid-size companies. In some ways, this is logical because the two need to work together. But in fact, Sales and Marketing are two very different functions and require very different skills.
SAP R/3 is the former name of the enterprise resource planning software produced by the German corporation SAP AG. It is an enterprise-wide information system designed to coordinate all the resources, information, and activities needed to complete business processes such as order fulfillment, billing, human resource management, and production planning. The current successor software to SAP R/3 is known as SAP ERP Central Component.
Businesses that already utilize multiple stand-alone supply chain management systems stand to benefit from the integration and implementation of an ERP system that offers cross-platform access to the inventory, financial and manufacturing information needed to design a SCM process that will offer superior performance.