Recurring Journal entries while part of the General Ledger have their own System Code – RJ. This allows you to know at a glance where the JE started. Because it is part of the GL, you can delete it if you need to. Recurring Journal entries are great for those entries that need to be […]
Customer relationship management (CRM) is what happens before, during and after a transaction is made with a customer. Simply put, it manages the relationships you have with your audience, their buying trends, and ways to attract them to come back and make future purchases. While it is recommended to have a CRM system in places, […]
The heavy burden of contract management and the risk posed by human management have led many companies to introduce contract management systems. Contract management systems promise managers time savings, long-term cost reductions, increased verifiability, future stability and risk reduction. Sources: 2 In response to this increased demand, a variety of contract management systems have come […]
When choosing enterprise resource planning (ERP) software, there are a laundry list of things to consider. With medical device manufacturing, there are certain capabilities that ERPs can do to help leverage all of its benefits. Thus, improving business operations and adhering to complex regulatory requirements. Medical device manufacturers are looking to modern, cloud-based ERP software […]
This error message “No record found for given key PDLSET1 in PRODLINE” can rear its ugly head in multiple ways. The most common way is when you log into Lawson Security Administrator and see the message below. After you click Ok on both messages, you will see that the data sources are not visible. In […]
Infor recently acquired Lighthouse Systems, a leading provider of manufacturing execution system (MES) software for smart manufacturing. Per the press release, the company’s flagship product, Shopfloor-Online™, helps manufacturing companies manage and improve manufacturing operations across production, quality, inventory, and maintenance. Further, Lighthouse Systems’ MES solution can be fully integrated into Infor CloudSuite ERP (enterprise resource […]
Activities have multiple budget types available. They can be Life Only Budgets – just to make sure that you have not gone over the total budgeted amount for the project. This works well when: The project spans multiple years to be completed such as a new building You are managing your project budget in a […]
Forming solid and ongoing relationship with customers is what measures business success. Customer relationship management (CRM) software aid in this operation. These platforms not only measure customer relationships and behaviors, but also offer strategies to better serve your audience. There are many CRM strategies to implement and each business is different. An interesting article on Euro […]
You can build a budget by Company – accounting unit and Account. You can edit a budget in a number of ways. What does it mean to edit a budget? You create a budget at the detail level but you are only concerned that the budget for the accounting unit (cost center) stays under budget […]