Choosing to upgrade or purchase cloud-based ERP technology is a necessary step for growing your business in today’s competitive market. Once you select the ERP system software and provider, the specter of ERP implementations – and the possibility of failure – becomes a factor. The good news is that the right cloud-based ERP provider along with the proper steps can alleviate failure and point your business in the direction of growth.
ERP implementation failures tend to draw headlines when big-name companies experience operational problems (inability to ship product, unexpected shortages, difficulty in handling orders) right after a system change, and the inevitable accusations and lawsuits work their way through the court system. Rumor mills are also rife with reports of ERP implementations failing to the extent that one might think that failure is a rather common occurrence. The truth is that failures are actually quite rare, but their impact can be devastating to the company involved.
What is more common is a company that fails to achieve the full benefits the ERP system software was expected to provide. And the wording of that sentence hints at one of the leading causes of disappointment. ERP system software is a tool. ERP technology by itself will not necessarily improve company performance, reduce inventory, increase customer service or relieve chaos on the plant floor: it takes people and process combined with the ERP technology to make a difference in company performance. Those elements must come together during the implementation process.
ERP implementations don’t fail when leadership, teamwork, and communication come into play
An ERP implementation is a project and must be planned and managed like any other project. It takes a strong, dedicated, cross-functional project team with good leadership to organize and manage the project and successfully implement the ERP system software. More importantly, the team helps the users learn about the new system and ERP technology along with how it helps the users perform their day-to-day tasks and duties. The new ERP system software will change the way they do things and will make much more information available to assist them in completing their duties so they must understand and be comfortable with those changes.
ERP implementations also need a strong executive champion to be successful. That executive has the vision to see how the ERP system software will enable the business to grow, improve, and bring that vision to the rest of the executive team and company directors – who with this vision in mind – will allocate the resources necessary for success. The executive will also continue to show leadership and inspiration to the company as a whole to keep the importance of the project front-of-mind through all levels of the organization.
The absence – or inadequacy – of any of these elements can be the root cause of failure – that is, failure to achieve the potential that ERP system software and ERP technology can provide. And, oh yeah, the chosen ERP system software must be the right software for the company’s industry and specific needs. But that isn’t usually an issue – most companies do a pretty thorough and satisfactory job of choosing the right system.
The right ERP technology provider and implementation partners = successful ERP implementations
Take for instance smartTrade Technologies, a software company that develops solutions for streamlining trading processes and execution services for the investment banking, exchange, and hedge fund industries. The company required an advanced financial management system to handle multiple markets and multiple currency growth. After examining various ERP system software options, the France-based company chose Acumatica for our advanced features, robust cloud platform, flexible customization, competitive pricing, and bilingual (French-English) capabilities.
“As software developers, we found Acumatica’s technology to be elegant, adaptable, and stable,” says Auri Kostama, Head of Finance & Administration.
When it came time to implement the ERP system software, the company partnered with Acumatica Gold Certified Partner SiPD, located in Montreal, Quebec. The time difference and distance between the collaborators didn’t affect their ability to implement the ERP technology successfully.
Kostama states, “Acumatica’s partner, Les Services SiPD, has always addressed our concerns quickly and in a caring manner. Although they are a continent away, the cloud has brought us together so we feel we know them as if they were located across the street.”
Because the team at smartTrade Technologies took the time to research their ERP technology provider options and chose the right one for them, they experienced an efficient and effective ERP implementation.
Why do ERP implementations fail?
The answer is simple: don’t do your homework and don’t work as a team. So this means if you do research the multiple ERP systems on the market, choose the correct provider/ implementation partner for your company, treat the ERP system software as a tool, allocate a champion of the system, and make it a company-wide project with all users on board and informed, you will be able to successfully implement your ERP technology.
By: Ray Rebello
Global ERP leader teams up with Corporate Performance Management Expert
SYSPRO, a global provider of industry-built ERP software and Prophix Software, a global provider of Corporate Performance Management (CPM) software, announced that the two companies have formed a strategic global partnership.
The partnership will give SYSPRO customers access to Prophix’s CPM software to help them make better business decisions by integrating budgeting and planning data into their Enterprise Resource Planning (ERP) systems.
SYSPRO and Prophix share many common elements and values, which will ensure this partnership brings tremendous value to both organizations. Both SYSPRO and Prophix are privately-held companies which enables both to focus single-mindedly on developing products that add significant value to both their existing customers and the markets they serve.
This global partnership represents a strong growth opportunity for both parties. According to Paulo de Matos, Chief Product Officer at SYSPRO, “We are excited to be partnering with Prophix not only because of the excellent product fit, congruent future product roadmaps and the improved offering in the market, but also because of our similar company cultures and innovative approach to software development and support. SYSPRO expands on business planning functions, delivering significant competitive benefit in aiding existing customers to grow and attract companies which operate globally, while Prophix extends its appeal beyond the office of finance to operations.”
“The integrated reporting, financial consolidation, budgeting and scenario planning capabilities, integrated at the detail operational level with SYSPRO, provide insights to our customers that translate to improved competitiveness due to an increased decision-making support capability.”
“I am thrilled to partner with SYSPRO who has an impressive track record for best-in-class products and services,” said Alok Ajmera, President and COO, Prophix Software. “Our shared business values will ultimately benefit SYSPRO customers and Prophix alike in the long term.”
I would like to know how to turn on 3D Cutter Compensation in Pro/NC. Here
is what is output to the NCL file when it is enabled:
MODE / 3DCOMP, ON
CUTCOM / ON
GOTO / 24.4070718118, -11.0963791260, -8.2054735622, $
0.2054965047, -0.2582157475, 0.9439787150, $
0.5364531275, -0.2645786937, 0.8013839011
GOTO / 24.8306712658, -9.7398669112, -8.0725117395, $
0.2054965047, -0.2582157475, 0.9439787150, $
0.5205224109, -0.2254581166, 0.8235442049
Austin N.C., Inc.
NEW YORK, May 18, 2017 (GLOBE NEWSWIRE) — Software—particularly cloud-based technology—is now creating roughly $1.4 trillion in economic value in the U.S. and is poised to grow even more, particularly as non-tech companies transform themselves into software businesses, according to a new report released by global investment firm Battery Ventures. The figure represents nearly eight percent of U.S. GDP.
The report was delivered by Battery General Partner Neeraj Agrawal at the inaugural CloudNY conference in New York. Based on earlier research by the BSA | The Software Alliance as well as new research by Battery, the report traces the history of today’s software renaissance from the mainframe era in the 1970s through the client-server era, then into desktop “software-as-a-service” (SaaS) applications and, finally, to today’s cloud-first offerings delivered over the Web.
“People don’t realize how big this industry actually is—partly because so much software is baked into everyday products we use at the office and at home,” said Agrawal, a longtime cloud-software investor. “But software’s time has come. The cost of starting a software company is lower than ever. And as spending on traditional software categories, like ERP and CRM, continues to grow—and as software seeps into newly smart products like cars, medical devices, and next-generation industrial tools—we are looking at a category that is a major component of our nation’s economy and a driver of jobs.”
Agrawal predicts that by 2020, software will represent 10 percent of GDP and could drive $2 trillion in value.
The new Battery report, called “Software 2017” and co-authored with Battery Vice President Logan Bartlett, said the U.S. software industry supports nearly 10 million jobs, according to figures from a 2016 BSA | The Software Alliance report. A little less than a third of these jobs represent people directly employed by software firms. The rest—about seven million—are jobs indirectly tied to the industry, in fields such as construction, real estate or food service, which are created when software companies are started or grow.
The CloudNY conference where the findings will be shared is a new, high-level, CEO- and founder-only gathering of cloud-software leaders organized by Battery and early-stage venture-capital firm FirstMark Capital. The event, which is expected to draw roughly 180 cloud leaders whose companies together employ about 50,000 people, is primarily a forum for company founders to learn from each other. Speakers include Jyoti Bansal, founder of AppDynamics*; Scott Dorsey, founder of ExactTarget*; Tobi Lutke, CEO and co-founder of Shopify; Zach Nelson, CEO of NetSuite; Ragy Thomas, founder of Sprinklr*; and many others.
The event also highlights the growing importance of New York City as a software-startup hub. Enterprise-tech focused startups in New York raised $3.5 billion in funding in 2016, nearly double the $1.8 billion raised in 2015, according to the Work-Bench Enterprise Startups Funding Database, a research tool maintained by New York investment fund Work-Bench.
Source: Nasdaq GlobeNewswire
TARRYTOWN, NY–(Marketwired – May 17, 2017) – Westcon-Comstor, the leading value-added global distributor of security, unified communications, network infrastructure and data center solutions, announced it has completed a global shared services and business process outsourcing (BPO) program that will bring significant efficiencies, and delivers consistent and improved customer service.
The two-year program, now completed across 52 countries on five continents, provides the company with increased opportunity to focus on its core competency — bringing innovative technology solutions and services to market on behalf of its vendor partners and solution provider customers.
Westcon-Comstor began its business transformation program in EMEA in 2015, continued with the project in Asia-Pacific last year, and concluded this month by going live in North America. Creating regional shared service centers, and integrating with one global BPO partner, Genpact, gives the company a unified platform for transactional processes, global consistency, and simplified integration with its customers and vendors.
Accelerating Business Efficiencies, Opportunities
The BPO project was completed alongside a separate SAP ERP platform deployment, completed in three years across 54 countries, both initiatives helping Westcon-Comstor significantly transform its business operations to meet the evolving needs of vendors and solution providers going forward.
“These business process improvements will enable our sales teams to spend less time on administration and more time helping customers grow their business,” said Dolph Westerbos, CEO of Westcon-Comstor. “Combined with the completion of our global ERP rollout, the company is now optimized to take full advantage of future opportunities at an accelerated, more efficient pace.”
Partnering with Genpact has provided Westcon-Comstor the opportunity to transform its country-based operating model to that of regional operating platforms which result in better service and support for vendors and solution providers. To date, Genpact has processed nearly half a million orders for Westcon-Comstor on behalf of more than 10,000 solution providers around the globe.
Westcon-Comstor expects to see improved business metrics around order entry, finance and administration, purchasing, and marketing operations — while becoming better business partners for vendors and solution providers.
“We have been on an intense transformation and modernization journey these past years, and certainly not without challenges,” continued Westerbos. “But being the global distribution partner for many of our vendors and customers, with operations in every corner on earth, we needed to provide a consistent and compliant operating model to scale our business further. Our employees have managed unprecedented change, and I am very proud of their achievements. We will continue to optimize our operational processes, but with this initiative complete, we have the foundation for long-term, sustainable success for our company, as well as the strengthened ability to accelerate our customers’ success.”
“Westcon-Comstor has a tremendous technology knowledge and skillset that can now be more strategically applied to serving their partners. That’s their DNA. No longer will they be burdened by administrative tasks that we can do more efficiently,” said N.V. “Tiger” Tyagarajan, president and CEO of Genpact. “We are integrating our automation capabilities and other digital solutions to help transform Westcon-Comstor’s operations, allowing their solutions experts to focus on driving business value for their partners. This is a great relationship and we look forward to working with Westcon-Comstor to achieve even greater business growth.”
Source: Nasdaq GlobeNewswire
I recently updated Creo 2.0 from M090 to M240 and noticed on a couple of occasions that I am getting some flats in the tool path when using Cutline to Circle Interpolate a hole. I have seen this before and can sometimes fix it by loosening the tolerance, but it has been a long time since I’ve seen it and I do a fair amount of this.
Is this anyone else has noticed or am I alone on this one?