1. What is ERP Software? ERP stands for Enterprise Resource Planning. It is a type of software that integrates various business functions, such as accounting, inventory, sales, purchasing, human resources, and more. ERP software allows you to streamline your operations, automate your tasks, and centralize your data. With ERP software, you can access real-time information
In life, change is often the only constant, and sometimes, it can be the catalyst for discovering new passions and unexpected paths. I worked for a few years as a process engineer in the manufacturing sector, but my curiosity about technology continued to grow. When the opportunity came to work at IFS, which seamlessly blended
1. Check Data Sources One of the first steps to ensure data quality is to check the sources of the data that feed into the ERP system. Data sources can include internal databases, external systems, manual inputs, or third-party providers. You should verify that the data sources are reliable, secure, and up to date, and
Whether it’s implementing cutting-edge technologies, upgrading systems, or optimizing processes, IT investments are critical for organizations in enhancing efficiency, competitiveness, and customer satisfaction. But one major obstacle that many businesses face is obtaining executive buy-in for these crucial initiatives. Securing support from top-level decision-makers is like unlocking a treasure trove of resources and opportunities. Many
2024 is expected to witness significant advancements in construction and engineering, driven by a need to increase business competitiveness, adopt effective digital strategies, and explore new revenue opportunities. As the industry faces ongoing challenges such as increasing labor shortages, they are exploring the adoption of digital technologies like AI to automate and optimize their operations.
We have been continuously hearing the keywords “IFS Cloud”, “IFS Upgrades” and “Path to Evergreen” in many social media platforms and forums. What are they and what do they mean? To put it simply, IFS Cloud is the latest ERP solution offered by IFS and an IFS Upgrade is the process of upgrading from a
No one-size fits all – your deployment, your choice Over the last decade there has been much debate about how soon the cross-industry migration to SaaS-based software deployments would gain acceptance in defense applications. While historically there has been caution from military forces to embrace cloud, progress is being made. GlobalData estimates that SaaS IT spending
1. What is ERP? ERP stands for enterprise resource planning, which is a software system that integrates and automates various business functions, such as accounting, inventory, sales, purchasing, production, human resources, and customer service. ERP systems aim to provide a single source of truth for all your data, eliminating the need for manual data entry,
So, what’s the connection between the tube and IFS you ask? Our signature purple cable cars have been connecting Greenwich commuters, located close to the O2, to the Royal Victoria Docks for almost a year now. The novelty of our service has made it a popular destination, offering tourists and locals alike an iconic view
1. Understand The Current State Before you can map and model your ERP processes, you need to understand the current state of your business processes. This means identifying and documenting the existing workflows, inputs, outputs, roles, responsibilities, dependencies, risks, and issues. You can use various tools and techniques, such as interviews, surveys, observations, process diagrams,
