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4 Ways an ERP Can Mitigate Business Risk

4 Ways an ERP Can Mitigate Business Risk

Risk management is a vital component of any business, no matter the industry. Every organization has numerous moving parts and calculated risk factors that can make or break a company. One approach to reducing some of an organization’s risk is with an enterprise resource planning (ERP) system.

In addition to other operational efficiencies and data liquidity ERPs can offer, they also can reduce risk in numerous ways.

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Why Healthcare Organizations Need a Fully Functioning and Integrated ERP System

Why Healthcare Organizations Need a Fully Functioning and Integrated ERP System

Many of today’s healthcare organizations embrace technology to keep patients informed and deliver quality care. For example, according to The Office of the National Coordinator for Health Information Technology, over 95% of hospitals have adopted electronic health record systems. However, with EHRs taking priority, fewer organizations have implemented technology to optimize back-office operations.

It’s never too late to improve. Healthcare organizations can use enterprise resource planning software to streamline essential business processes and benefit all stakeholders, including patients. If you’re ready to drop outdated and disparate programs and use an integrated system, it’s time to consider ERP.

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How to Get Organizational Buy-In for Your ERP System

How to Get Organizational Buy-In for Your ERP System

Implementing a new enterprise resource planning (ERP) system can transform your organization. The right software can provide you with new capabilities and real-time insights, helping you boost company performance and improve your bottom line.

If you’re looking at implementing a new ERP, you likely stand to gain significant advantages, but it’s essential to get everyone on board with the idea. Complete buy-in from the leadership team will ensure the system is adopted and used to its full potential, delivering the highest number of advantages and the best return on investment.

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10 Signs It's Time to Change Your ERP Provider

10 Signs It’s Time to Change Your ERP Provider

Enterprise resource planning (ERP) software is a valuable resource for efficiently and effectively integrating and organizing company operations. Businesses of all sizes throughout multiple industries can use ERP software to improve internal processes, deliver better service and boost profitability — as long as they’re using a system that’s suited for the application.

ERP software delivers multiple advantages, but, like all technology, it has a limited useful life. If you’re getting to the point where you should think about an upgrade, you’ll have some indicators letting you know. Here are 10 signs it’s time to change your ERP software provider.

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What is an ERP?

What is an ERP?

Business data is rapidly changing, and technology has changed with it. Today, spreadsheets aren’t enough for growing companies to track their data. Instead, businesses are increasingly turning toward ERP systems. While most business professionals have heard of ERP software, many wonder exactly what it means and what these solutions can do for business. Here, we’ll […]

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Data Visualization for Accounting

Data Visualization for Accounting

“Big data” has revolutionized much about the business world. But nowhere has the change been greater than in the growing field of data visualization.

A bunch of cells on a spreadsheet are no longer an acceptable way for presenting data to clients, C-suite executives and co-workers.

Now data needs to be packaged in a way that will make your audience pay attention and force them to take action…

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ERP Implementation Process and Best Practices

ERP Implementation Process and Best Practices

If your business has recently decided to implement a new enterprise resource planning (ERP) system, that’s excellent news. You’ll gain sophisticated software that integrates and streamlines business processes across your organization, so you’ll make accounting and other operations more efficient.

ERP implementation can be complex and challenging, though, so you’ll need to spend time preparing for the process. This guide will walk you through some guidelines for ERP implementation and give you some ERP software implementation best practices to follow for optimal results.

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