Becoming Vendor to MNCs – Strengthening Governance Framework
Maruti started developing vendors late 1980s. The small companies that partnered with today have become large corporates on their own. Today we have many companies that have successfully used the strategy of scaling their operations by becoming vendors to large...
Roles in ERP
Enterprise Resource Planning software help organizations centralize their database and use it for decision making. It is essential that the data is protected from unauthorized access and distribution. ERPs achieve this through Roles and access rights. Access rights...
Do you need an ERP Consultant ?
A businessman has to pay for ERP licenses, for infrastructure to host ERP and data, and for implementation of ERP which includes training of its personnel. Given all these expenses, would it be a good idea to add another cost to it by hiring an ERP consultant. Is...
Cost Benefit of Open Source (Free) ERPs
ERPs are very expensive software. The idea of getting it for free sounds very tempting. We, continuously face questions on free ERPs. But in this world, nothing comes for free. The free ERPs come with their own costs. But before we get into the costs, let us first...
What ERP implementation do I choose – On premise or On Cloud?
In our previous blog, https://mentorsunlocked.com/what-is-the-difference-between-cloud-hosted-or-cloud-erp-solution/ we talked about difference between “On premise” installations of ERPs and “On Cloud” or SaaS implementations of ERP. In this blog we, Mentors Unlocked,...
What is the difference between Cloud hosted or Cloud ERP Solution?
The world of Enterprise Resource Planning Software (ERP) is changing very fast. The software, which in itself is not cheap, requires significant additional investments, including hardware. ERP software store critical data that is life and blood of the company....
5 Steps to Selecting ERP
We receive a lot of queries on how to select an ERP. Being ERP Consultants, it is our bread and butter. However, the six-step process can help anyone select an ERP suited for him. The five steps are 1. Research 2. Define requirements 3. Evaluate ERPs: needs plus...
Newer Technologies will come but ERPs will remain heart of Enterprise Management
The world is changing fast. New technologies are getting developed every day like Automation, the Internet of Things, Blockchain, Cloud, etc. but will they be able to displace Enterprise Resource Planning (ERP) software from its position of being central to the...
Getting data right – what the ERP Seller does not say
We are struggling with an ERP implementation in one of our assignments. Most of the time is being spent in reconciling data specially in Finance and Accounts. The company does not maintain fixed asset register and hence it does not have details of fixed assets. The...
Tips to hire a reliable ERP selection consultant for your business
If you’re planning on implementing an ERP system, you’ll want to make sure that you hire an ERP consultant who can help you with the successful implementation. An ERP consultant, acts as a bridge between the company and the ERP implementer. ERP Consultant will...
