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Showing posts from April, 2012

Why Do You Need an ERP Solution?

ERP solutions have been around for quite some time; and until now, many companies have succeeded without one. Yet, as ERP solution vendors begin to focus their efforts on small and mid-market businesses; more and more companies are starting to implement an ERP solution, reaping significant benefits from doing so. So, why does your company need an ERP solution? Countless different processes, activities, and systems are used to run your business, and you need to establish numerous workflows and procedures – some manual, some automated – that may or may not be formally documented. As a result, there are a variety of departmental applications and legacy databases that are likely disjointed and not well-integrated. While this approach may have served its purpose in the past, in today’s dynamic and highly competitive marketplace, it can seriously hinder productivity, profitability, and growth. The primary reason an ERP solution is so vital to a company’s success is efficiency. ...

Why Oracle ADF (Application Development Framework):

Oracle ADF implements best practices to help developers design and build secure, high-performance J2EE applications and Web services for the enterprise. It delivers significant productivity gains that gives you the ability to meet business demands rapidly while increasing your ROI. Specifically, the Oracle ADF includes tools at each level of the MVC pattern to promote developer productivity enhancement. At the Business Component (persistence) layer, ADF/BC is a persistence layer technology which was designed with Forms (and other 4GL) programmers in mind. As the developer refines an application’s persistence layer, the dialogs and wizards accelerate learning of the ADF/BC technology, and how to use it. 4GL programmers are more used to wizards and dialogs for helping them get 70% of their work done, and then turning to code for the remaining 30%. In addition to quickly increasing the productivity of non-Java programmers within a Java realm, ADF/BC gives these developers the cap...

Business Intelligence: Improving Decision Making in Organizations

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The importance of embedded BI technology in fostering more pervasive decision support and automation is being realized through continuous developments in BI tools . They provide greater opportunity to improve accounting operations and presents planning to sales functions thereby providing better management information.   The finance function is being transformed in terms of the efficiency of its operations, the quality of the information it generates and its level of influence in management. Business leaders and management accountants must be alert to the potential of developments in the role of the finance function and BI.  The combinations of the developments, proper design, implementation and management of BI provide an opportunity to improve accounting operations and acquire a greater competence in informed decision making.  Everyone in management needs to be alert to this opportunity and the threat that early adopters may achieve a competitive advant...