Documents » evaluations on accounting software for petrochemical manufacturing.
Abstract: Recent
accounting scandals, highlighted by cases at Enron, Arthur Andersen, WorldCom, and Qwest, have emphasized the need for corporate governance, especially responsible corporate
accounting. Not only must businesses use responsible
accounting methods, but they must know that their methods are accurate. Small and mid-sized businesses must know the limitations of their current
accounting software; understand the possible ramifications of system
accounting balance failure; and take steps to guarantee the integrity, reliability, and accuracy of their systems. This white paper highlights the need to recognize problematic
software accounting methods; minimize errors in account balance integrity, ledgers, and sub ledgers; and reduce the need for expensive rectification, to avoid serious legal ramifications.
PubDate: 8/10/2005 1:29:00 PM
Abstract: Whether you’re familiar with the world of accounting or not, understanding the basic concepts and principles of accounting functions can give you an essential edge in the competitive manufacturing sector. This in-depth guide, complete with glossary, takes you through the step-by-step process of cost accounting for manufacturers—from prototype manufacturing, shipping, and full production, through to financial reports.
Abstract: Adaptiveness in the manufacturing sector depends on being able to push decision making to the shop floor. But that’s often easier said than done. However, manufacturing intelligence dashboards aggregate content from the full range of manufacturing systems into a single view of operations. These role-specific dashboards thus enable employees to manage manufacturing performance, and respond quickly to changes.
Abstract: Not all integrated accounting and point of sale (POS) systems are created equal. If sales prices aren’t updated, or if on-hand stock isn’t managed properly, you will be at a major competitive disadvantage. Fully integrated accounting systems move information smoothly from one module to another—but what does integration as it applies to accounting and POS software really mean?
Abstract: The challenges that face the manufacturing industry today are also opportunities. Manufacturing is being revolutionized in its processes, routines, and ways of doing business through the growing emergence of order driven production methods. This shift towards demand driven manufacturing is emerging in tandem with the larger currents caused by globalization. This cross industry brief focuses on the manufacturing industry from the standpoint of a demand driven IT solution and is aimed at manufacturing and distribution businesses. It describes some major market trends and issues, provides an overview of IBS supply chain solution, and offers details on how the IBS solution for demand driven manufacturing can address current needs of the industry.
Abstract: An integrated steel plant’s manufacturing processes typically encompass three distinct types of manufacturing—flow manufacturing, process manufacturing, and mill manufacturing—making such a plant a mixed-mode manufacturer. Software systems that address the diverse needs these manufacturers have cannot be emphasized more.
Abstract: Hiring the former APICS president to head its manufacturing industry efforts a year ago, the high profile acquisition of renowned manufacturing ERP provider J.D. Edwards this summer, and most recently, the acquisition of demand flow and lean manufacturing software solutions from JCIT, might indicate that PeopleSoft has finally gotten its manufacturing creed. Will these moves finally and lastingly establish it as a serious contender in the manufacturing enterprise resource planning (ERP) and supply chain management (SCM) space?
Abstract: Small businesses often become trapped by their outdated accounting systems, limiting their profits and arresting their growth. How can your business avoid this software trap? Planning and anticipating your business growth will help you minimize this costly mistake. Find the right accounting or enterprise resource planning solution to help your small business continue to expand and remain successful.
Abstract: Recent changes in accounting standards and compliance, along with greater emphasis on managing risk and value, have introduced new key measures of bank performance and made it more important to coordinate the internal and external reporting of financials and risk. To meet these challenges, banks must do their utmost to more fully integrate their accounting data and processes.
Abstract: As apparel and textile companies move to outsourcing production—relinquishing direct control in favor of a more cost-effective manufacturing model—a lean supply chain may appear to be the next logical step for further implementing cost and operational improvement. Not so, however. You can’t have a lean supply chain without lean manufacturing. Regardless of whether you or your partners engage in production, lean manufacturing is the lean engine that drives lean supply chain efficiencies. Accordingly, the business requirement for stability in a constantly changing demand environment motivates the fashion industry’s search for lean supply chain management principles and practices. Intentia, in cooperation with industry experts, have written a series of thought leadership white papers on the concept of implementing lean supply chain in the fashion industry. The second of this series, From Lean Manufacturing to Lean Supply Chain explains how lean manufacturing relates to lean supply chain management and where it differs and sometimes conflicts.
Abstract: Making a list and checking it twice is a particularly good practice when picking a finance and accounting software solution. If you don’t find the right product for your company, you’ll just pay for the mistakes on the back end. But first you need to know which features your small to midsize business must have and which you don’t want. Get some tips that will help you create your finance and accounting checklist.
Abstract: For most companies, changing accounting software is a daunting challenge. Not only is transitioning the accounting function to a new software package tricky in itself, but it is usually catalyzed by one or more business challenges that are (hopefully) solved by the new system. Knowing that, how can you minimize the risks involved in selecting a new accounting application?
Abstract: Architecture bridges the semantic gap between the requirements and software. Application software systems must be architected in order to deal with the current and future needs of the business organization. Managing software projects using architecture-centered methodologies must be an intentional step in the process of deploying information systems ― not an accidental by-product of the software acquisition and integration process.
Abstract: Architecture bridges the semantic gap between the requirements and software. Application software systems must be architected in order to deal with the current and future needs of the business organization. Managing software projects using architecture-centered methodologies must be an intentional step in the process of deploying information systems - not an accidental by-product of the software acquisition and integration process.
Abstract: Architecture bridges the semantic gap between the requirements and software. Application software systems must be architected in order to deal with the current and future needs of the business organization. Managing software projects using architecture–centered methodologies must be an intentional step in the process of deploying information systems – not an accidental by–product of the software acquisition and integration process.
Abstract: Even before the mega merger, PeopleSoft had already set it sights on a bigger manufacturing presence. PeopleSoft’s acquisition of mid-to-large ERP system developer J.D. Edwards this summer, and most recently demand flow and lean manufacturing software solution from JCIT, might indicate some deep though process rather than a number of impulse initiatives from the past.
Abstract: In our new “wired” world, software is no less important than other products and services in our everyday lives. But people are generally more used to buying other products and services than software. In many ways, however, selecting software is similar to selecting other products and services. Find out the key factors and criteria you should include—and what you should leave out—when you’re in the market for a new software solution.
Abstract: Accounting and enterprise resource planning software are not interchangeable solutions. How do you decide which option is for you? Outlining your business structure and considering four key facets of your selection process will help you determine which software meets all your business needs. You can find the right product for your business, whether you need a bookkeeping or all-encompassing business software.
Abstract: Predictions of the death of software are overstated. In reality, businesses are becoming more reliant on technology, not less. What’s changing, however, is the number of options available for managing, delivering, and paying for software applications. Many independent software vendors recognize the benefits of offering software as a service--a delivery alternative that can present long-term benefits for all parties.