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ERP Software Selection

Formal ERP Software Selection Guide

Evaluating enterprise software solutions and/or enterprise resource planning (ERP) software is not an easy undertaking. If you’re evaluating enterprise resource planning solutions for the first time or thinking about replacing your legacy systems or a rigid, costly ERP, you’ve come to the right place.

Here are 10 steps to selecting ERP software that can guide you through the process for a successful selection that will, in the long run, benefit you and your organization. Continue reading

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    Insurance Finance Accounting Systems

    Why the “If It Ain’t Broke, Don’t Fix It” Philosophy Is Silly for Finance Accounting Systems

    My fellow colleagues and I attended IASA 2013 last week in Washington DC.  This was our 4th year at the conference, but it was my first time going.  It was an excellent opportunity to talk to people in the Insurance industry and hear about their challenges and their thoughts on technology.  I also touched base with editors from some of the leading trade publications and heard some of their views on emerging trends.

    Between these conversations and walking the floor of the exhibit hall I was struck by a strange contrast:

    • Throughout the hall, there were booths plugging social media and promoting new ways to connect with customers.  It was clear that the insurance industry wants to make strategic use of new technologies.
    • Yet at the same time, many people described to me how incredibly old their finance accounting system was.  One person said they were using a “new’ system they had put in place to prepare for Y2K! I also heard that some insurance companies are pushing to have COBOL training in schools so there will be people around to maintain their ancient green screen systems! Continue reading
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      UNIT4 Connects 2013

      UNIT4 Connects 2013 – A Week of Firsts

      I’ve just finished looking through the event surveys for UNIT4 Connects 2013 and, to quote our keynote speaker Giovanni Rivera, “WOW”.

      We’ve had overwhelmingly positive feedback and as executive sponsor, I am delighted that our customers enjoyed their courses, the networking opportunities, and of course all the dancing.  I had an inkling way back in January that this would be a really special event; as the first combined conference with Coda and Agresso customers, we knew it would be almost doubling in size.  When we sold out for the very first time, I knew we could look forward to a highly-engaged group of customers. And when I saw the enthusiasm of our customers – either at registration desk trying to get into another session, or at the Welcome reception desperately filling out one last bingo square, I gave a sigh of relief and finally relaxed.

      For readers who weren’t able to attend (or if you are not yet customers and just curious about our events) let me share some highlights: Continue reading

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        IBM AS400 Accounting Software

        A Trip Back to the 80’s –AS/400 & Accounting Software Evolution

        Introduced as the Application System/400 (AS/400) on June 21, 1988, the AS/400 is celebrating its 25th anniversary this year with a legacy of being one of the world’s most popular business computing systems.

        Think back 25 years – a gallon of gas was just 91 cents, the first Die Hard movie made its debut and George H. W. Bush replaced Ronald Reagan as president! Now, a quarter century later the AS/400 is known as the IBM i and continues to be recognized as a high-performance integrated business server for mid-market companies.

        UNIT4 Business Software has been along for this 25 year ride developing accounting software specifically for the IBM Power Systems. As an Advanced Business Partner we’ve worked in close collaboration with IBM to bring our technologies closer to simplify implementation, upgrades and usage for our joint customers. Continue reading

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          UNIT4 Connects Innovation Excellence Award Winner

          Innovation Excellence Award: a Celebration of Creativity

          UNIT4 Business Software solutions are uniquely designed to address unexpected business changes. They are built to change. Once implemented, UNIT4 solutions enable organizations to go beyond their current requirements and apply any changes directly to the financial management and ERP systems with no extra external consultation costs.  This allows organizations with imagination, and enthusiasm to create their own innovative solutions to solve problems.

          Last week, close to 400 customers in North America attended UNIT4 Connects in San Diego, our largest conference and training event of the year. Since our products offer more opportunities to face a growing range of challenges than prescribed solutions, UNIT4 Business Software introduced – for the first time – the Innovation Excellence Award. The award celebrates a customer’s innovation and original thinking to embrace change within their organization that translated into outstanding practices, accomplishments or specific solutions they have built within UNIT4 products to make a difference in their business. Continue reading

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            Accounting System for Insurers

            Insurers: Accounting Systems Can Be Sexy Too

            At this year’s ACORD LOMA Forum, the insurance industry event for technology, business and networking, the diversity in software exhibitors on the floor wasn’t the only thing apparent.  According to a recent Insurance Networking News article, top industry challenges highlighted during the analyst panel suggest there are broadly differing views about what will affect future technology strategies.

            The underlying theme that I took away, not only from the panel discussion but from discussions on the exhibitor floor, is that insurance companies are experiencing change on multiple levels. As such, they rush to accommodate change the operational level and continue to look for best practices in technology, whether it is in claims management, underwriting or revenue management applications. Continue reading

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              Travel Technology

              Technology & Innovation in the Heart of Travel

              From the Travel Technology Exchange (TTX) (formerly TMU), The Sabre  customer conference is a must-attend event for the travel industry – with four main tracks tailored to products and challenges for agencies, developers, leisure suppliers and travel executives – to drive customer loyalty and power business performance.

              As a strong partner of Sabre® in the back-office space, we were excited to attend the Agency track and learn about innovative ways that travel professionals could differentiate their services to meet this new set of demands. We got to hear great questions from the audience and of course gained some new insights into how customers are using Sabre successfully. Sabre also launched some cool new products and ideas this year. It was great to hear the latest on the Sabre® Red™ App Centre, and also to learn about the future of the Sabre Red Mobile Workspace. This marks an all-new frontier in travel agency technology with higher speed, versatility, simplicity and performance. Continue reading

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                Retail Accounting and Social Media

                Retail’s Social Media Trends and How Accounting is Relevant

                Retailers rely heavily on social media to stay innovative and competitive. The question is: How are social media channels contributing to a retailer’s major objectives such as increasing revenue, improving profitability and improving return on capital? We’ll take a look at the latest social media trends today and how retail accounting software plays a critical part in determining multi-channel success across retail organizations.

                Some of the latest social media platforms that leading retailers are embracing include:

                Instagram: Retailers have taken to Instagram fast and furious. Instagram is an artsy, social media mobile app that helps people transform photos into swankier photos that can be shared on the platform. Instagram uses hashtags to combine like-minded content and allows users to find new followers and share photos with more people. Some well-known retailers such as Nike, Starbucks and Burberry use Instagram to display their products and services. Continue reading

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                  Gaining Financial Control of Your Transportation & Logistics Enterprise

                  Mergers and acquisitions are a trend in transportation and logistics companies today as the industry faces a period of fierce competition followed by consolidation. As a result, many businesses are challenged with complex structures to handle multi-entity, multi-country and multi-currency issues.

                  So how do you effectively manage the many financial aspects of a global enterprise that include multiple – locations, countries, currencies, taxes and languages? Continue reading

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                    Snow, Smiles and Non-profit Technology

                    Not only did I see a baseball game in the snow (probably the last time I will do this at an outdoor park), but I also met a lot of great people and organizations at last week’s Non-Profit Technology Conference in Minneapolis. The conference’s clear theme was fundraising and donor management which, given the pressure non-profit organizations have faced the last few years, was no surprise.

                    Fundraising requires a number of direct and indirect applications to be successful. Donor management and the means to reach them are clearly critical. In addition to the numerous CRM, donor management and marketing automation companies were groups like Invested.In  (in the booth beside ours) that provides a crowdfunding platform that integrates with social media. Continue reading

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