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Benefits of having the HR/Payroll  in the ERP

Benefits of having the HR/Payroll in the ERP

by Rubina Akter in ERP on Oct. 24, 2022, 3:32 p.m. GMT+6

Several surveys were analyzed, and different causes of HR/Payroll management failure were found. Particularly in human resource management, where an ERP ensures the engagement of the right staff to the right project, retention of the right workforce for an organization becomes more difficult. From recruiting to the final settlement of each individual, whether highly maintained or not could be tracked by the automated features and functionalities of an ERP system.

Primary Considerations while Procuring a ERP for Apparel Industry

Primary Considerations while Procuring a ERP for Apparel Industry

by Rubina Akter in Acquisition on Oct. 24, 2022, 3:32 p.m. GMT+6

No offense that apparel industry has significant contribution to our national economy while economist says 83% of total export earning of the country came from apparel industry. On the other hand achieving the maximum level of business satisfaction of an apparel industry became more complex due to global competitiveness and continuous trend. According to several studies, lack of digitalization, manual recruitment, sustainability, unskilled workforce, lack of effective production planning, etc with lots of other reasons are figured out as the obstacles for the apparel industry.

How workflow management works in the ERP system?

How workflow management works in the ERP system?

by Rubina Akter in ERP on Oct. 24, 2022, 3:35 p.m. GMT+6

To acquire the highest level of productivity from individual personnel an organization does not have any second choice rather than ensuring the sequential and rule driven workflow management. Reducing the unnecessary tasks and utilizing the right individuals at the right time assures the efficient process management while an ERP offers the advanced level of a workflow management.

How much customization should you allow in your erp?

How much customization should you allow in your erp?

by Rubina Akter in Implementation on Oct. 24, 2022, 3:42 p.m. GMT+6

Based on the case study, more than 15% customization of an ERP is risky for any organization. To meet the business requirements of any organization it's quite common to customize the ERP sometimes. ERP is already a standard business process in the worldwide global market which can be adapted by any type or any size of organization. It's a platform independent and ready system for multidimensional businesses.

How to calculate the TCO (Total cost of ownership)?

How to calculate the TCO (Total cost of ownership)?

by Rubina Akter in Acquisition on Nov. 24, 2022, 4 p.m. GMT+6

The major reason behind TCO calculation is to measure the upfront cost of long term or indirect expenses of an organization especially in case of implementing the new technologies. Without calculating the TCO there is a high chance of having miscalculations in the organization.

Does an ERP System cover HR?

Does an ERP System cover HR?

by Rubina Akter in Consulting on Nov. 28, 2022, 5 p.m. GMT+6

Statistics shows, 69% of concerned people from the concerned department feel uncomfortable communicating with the employees directly while 37% feel uncomfortable giving their employees performance feedback manually. Here, an ERP offers the amazing functionalities to conduct the recruitment process as well as complete the performance appraisal process consistently through a single system.