Professional Accounting Blog

    Accounting For Your Prosperity

    How to Reach Your Business Goals with Your ERP Implementation

    Posted by Scott A. Holter on Jan 7, 2020 1:11:00 PM

    Topics: ERP

    There are probably more articles on executing a successful ERP implementation than actual successful implementations. This is of course said in jest; however, the point is that there are many references on this topic. One of the main tenets of successful ERP implementations is proper goal setting and measurement. As the author Lewis Carol said “If you don’t know where you’re going, any road will take you there.”

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    4 Considerations to Take When Planning Customizations to an ERP System

    Posted by Scott A. Holter on Dec 18, 2019 9:49:00 AM

    Topics: ERP

    The final decision to replace or upgrade your current ERP system most often ends up taking years to contemplate. Employees are comfortable, change is stressful, and change is costly. In addition, the one issue that rises above the rest to reassure you that the decision to stay put is the correct one is, “Our current system has been modified so extensively that it would be impossible to find any replacement system that will satisfy our needs.”

    Vendors used to be able to attract new customers with new features, but now, even the more successful products have matured, providing the same basic functionality. Today, organizations typically don’t select and implement a new system unless they have no other choice. Some reasons for this include:

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    Best Practice for ERP System Selections: Part 1

    Posted by Scott A. Holter on Nov 13, 2019 11:30:00 AM

    Topics: ERP

    This is Part 1 of a two-part series that gives you a better perspective on Best Practice for ERP System Selections.  

    As Steven Covey said, to begin you start with the end in mind. It’s very true when you start to plan for and design what the new ERP (Enterprise Resource Planning) system will look like for your company. At a high level, here’s some best practice tips on how to start a project like this:

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    What Does it Take to Have a Successful ERP Implementation?

    Posted by Meaden & Moore on Oct 23, 2019 2:17:00 PM

    Topics: ERP

    In our organization we always measure ERP implementation projects on 4 criteria: Was it on time? Did the system meet our objectives? Was it on budget? Was it within scope? You’ll see that these four criteria are some of the key indicators as to whether an implementation was successful. A review of the original scope document will tell you how well the planning and design stage went, and will answer the question: Did we stick to our plan? Forecasting budget to actual spending is another indicator of the project health. Lastly, was the project completed on time? Read More

    Deciphering Microsoft on the accounting, erp or crm software side

    Posted by Scott A. Holter on Jul 3, 2019 3:47:02 PM

    Topics: ERP

    Microsoft’s branding in general and the “Dynamics” brand, in particular, has created a lot of confusion in the market. Frequently, I hear that a company is running “Dynamics” but that’s just a brand akin to hearing that a person drives a Toyota or Ford without providing the specific model let alone the myriad of factory or aftermarket options installed.  

    Over the years, Microsoft acquired four Enterprise Resource Planning (ERP) systems and one Customer Relationship Management (CRM) system.

    Microsoft acquired iCommunicate in 2001 and re-named the software Microsoft CRM. Around that same time, Microsoft acquired Great Plains Software and, shortly thereafter, renamed Great Plains as Dynamics GP and renamed CRM as Dynamics CRM.  The Great Plains acquisition also brought the Solomon accounting software package to Microsoft which it renamed Dynamics SL.

    As these three evolved, they took on the year as the version. For example, Dynamics GP is currently marketed as Dynamics GP 2018. 

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    Before Investing in New Technology, Take Stock of Existing Systems

    Posted by Jim Rollins on Apr 11, 2019 8:00:00 AM

    Topics: ERP

    Rapid advances in technology combined with a tight labor market are prompting increasing numbers of manufacturers to consider investments in automation.

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    More Insights on Job Shops and ERP Software

    Posted by Scott A. Holter on Apr 9, 2019 12:50:30 PM

    Topics: ERP

    This month we'd like to continue in our Job Shops series to give you more insights on Job Shops and ERP software. Click here to read Part 1. 

    Job shops are common to Northeast Ohio and the Great Lakes region.  Job shops cover a wide range of industries but have several common characteristics:  

    1. Products manufactured are generally to single customer’s design and need

    2. Small to medium-size customer orders

    3. Production occurs in small batches that is intermittent without the velocity of repetitive or continuous flow manufacturers

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    5 Keys to a Successful ERP Data Conversion & Migration

    Posted by Scott A. Holter on Mar 27, 2019 8:00:00 AM

    Topics: ERP

    Congratulations on the purchase of your new ERP system! Now just press the EASY button, sit back, and watch as your new system automatically absorbs the data from your old system and sets up your new system in the most efficient way for you to run your business!

    Wait, are you telling me it’s not the way it works? No matter how much you hope for it to be, the ERP data conversion and migration process will not get done overnight. Despite the advancements made in technology and software for ERP systems, you can’t bypass the work required to successfully migrate your company’s data to your new system.

    However, most of the pain involved in the ERP data conversion and migration process can be alleviated by planning ahead and allowing adequate time to methodically migrate your data.  Using the tools provided by today’s systems you should still be able to sleep well during the process. The following are what I believe to be the key points to a successful ERP data conversion and data migration.

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    What Are Job Shops and Why Are They Different?

    Posted by Scott A. Holter on Mar 21, 2019 4:10:58 PM

    Topics: ERP

    The manufacturing world is full of jargon and acronyms, and the term “job shop” gets thrown around a lot and is often misunderstood.

    This article defines some of the characteristics of job shops and identifies some of their unique challenges for ERP software. 

    1. Make to order supply chain strategy

    2. Limited finished goods inventory; inventory mainly held in raw material form

    3. Products made to each customer’s unique design and demand pattern

    4. Small batch production runs (as compared to repetitive manufacturers)

    5. Complex routings with long production lead times due to high product variability

    6. Relatively simple Bills of Material, often just a single raw material

    7. Functionally-organized plants (e.g. Milling separate from Grinding separate from Machining) with moves and queues between each step in manufacturing process

    8. Flexible, multipurpose equipment with low capacity utilization

    9. Complex scheduling requirements

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    Increase Efficiency & Profitability With the 5S Methodology

    Posted by Scott A. Holter on Mar 19, 2019 8:00:00 AM

    Topics: ERP

    We organize and clean at home. Doing the same at our manufacturing facilities and offices will increase both efficiency and our bottom line. This is Part 1 of a two-part series that discusses how manufacturing organizations can utilize the 5S methodology to establish a strong foundation of discipline needed to increase efficiency and profitability.

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