Looking at Cloud Based ERP, you may be wondering if it is right for you. So let's see if we can clarify some things for you. The implementation of a cloud-based ERP has become a means to increase a business's growth in revenue and reduce operating costs.
Continuing my blog regarding Cloud Security Myths, we now reveal the next 4:
- Myth: The cloud is bad for the environment
This myth has been perpetuated by Greenpeace campaigns and stories such as the New York Times’ “cloud factories” series, which stated that the “foundation of the information industry is sharply at odds with its image of sleek efficiency and environmental friendliness.”
Project management is the process of ensuring project objectives are met using the application of processes, methods, and skills. More and more companies are investing into project management and are seeing the benefit of it. This results in higher efficiency, lowered costs, and higher client and stakeholder satisfaction, which brings any business at a competitive advantage.
There are five basic phases of project management:
- Project conception and initiation: Examine whether or not it benefits the organization.
- Project defining and planning: Draft out an outline of the project plan and beginning stages of planning by calculating budgets and schedules and what resources are needed.
- Project launch or execution: Responsibilities are delegated and teams are informed.
- Project performance and control: Comparing progress to the outlined plan in phase 2, and adjust schedules accordingly.
- Project close:
The project manager is responsible to ensure quality standards are met in every step before moving on to the next step. This ensures that the project is kept on track every step of the way and will result in a successful implementation of the project.
Project management is increasingly important as projects are separate to usual business activities. Projects usually require people to come together temporarily to focus on project objectives, therefore, effective teamwork is needed to ensure the project is successful. The most important factor from project management is being able to streamline delivery process and cutting costs. If a project has gone sideways, it may cost more to the business to try to fix the issues that have gone wrong which may be avoided in the first place with project management practices in place. As stated in “In State of the PMO 2010”, 84 percent of the 291 project professionals responding stated that their companies have a project management department and has been demonstrating steady growth from 77 percent in 2006 and 47 percent in 2000.
Project management has a proven track record of being beneficial to the success of every project and should be measured by defining the business value of each project in measurable terms for each stage. Being able to put value into measurable terms will help the team focus on the end goals and also indicates to them if they’re on the right track. Value in every project is different, so the goal of the project manager is to identify these values and make them measurable. Examples of measurable values may include factors such as budget or completing the project on time. However, it should be consistent with industry standards and practices. Therefore, project managers should be able to streamline efficiency using their industry knowledge as well as identifying measurable results that are inline with business values.
Nobody knows your business better than you. BAASS Business Solutions works in unison with YOU to achieve your goals on every project and will ensure that your project is effectively managed and therefore ensures its success. Ask BAASS about your project management options on your next project or Contact us today for more information.
Continuing my previous blog regarding cloud security myths we start with the next myth on the list:
Myth: Cloud Security is a New Challenge
The truth is cloud security isn’t new, it’s not even unique. “Security concerns are really independent of the cloud”. They’re just an extension of what's being dealt with in the physical infrastructure.
When it comes to business valuation, knowing what your assets are will enable you to firmly determine what your current financial position is. While most assets you'll be accounting for are liquid assets, in other words, assets you'll be selling to customers or will be involved in your cash flow accounting, other assets are accounted for differently.
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Does your company’s chart of accounts have Locations, Departments, Divisions, Funds and Projects? Are you fed up of having to create separate G/L account for each Account and segment combinations? Are you spending too much time manipulating financial reports/data in Excel due to legacy Account structures or Account Segments?
Read More >Recently I presented a webinar entitled "Everything you know about Cloud Security is Wrong". I thought I would present portions of this webinar in my next 2 or 3 blog posts.
Read More >Choosing the right ERP software is crucial to managing any business, but a fast growing business must have the ability to access in-house data in real-time that is both detailed and accurate if it wants to effectively manage its many departments to survive in the 21st century.
Finding the best ERP solution for your business can be overwhelming, especially when there are a flood of competitors all professing to offer very similar services. Knowing what best fits your organizational structure and its processes, and choosing a company who will really understand how your business works, is the first step to avoiding the pitfalls of choosing the wrong ERP implementation for your company.
How to Avoid an Enterprise Resource Planning Nightmare
- To get a successful conversion of data, all data should be thoroughly mapped out and tested by the team. A lot of time is often spent converting tables when the function of the data entities are not completely understood. This causes a lot of conversion errors that may only come to be identified later on after going live, causing your company major problems.
- Consider implementing your ERP software from a company who will be more than just a company you bought your software from. Instead, partner with a company who specializes in customizing their system to meet all of the needs of your departments requirements.
- Make sure managers and executives are all on board and that they are well trained on how to operate the system. Learning the options and features of the software is extremely important. A successful team will know what information they will need to improve the business and where to collect it.
BAASS Business Solutions offers state-of-the-art software designed to provide you the maximum value for your business. BAASS Business Solutions will walk you through to identify opportunity areas to save money, pinpoint project targets and goals, and train your organization of team members on how to utilize every aspect of the program to get the best results available.
Contact us to learn more about our other software product services and offers.