Comments for ERP Cloud News

Comment on Black Swans and Forcing Functions for Cloud Manufacturing Software by Brett Beaubouef

Brett Beaubouef — Wed, 09 May 2012 03:16:17 +0000

Thank you for the insight. I am excited about Cloud ERP, yet I like to take a balanced approach to determine potential fit.

Challenges: http://gbeaubouef.wordpress.com/2011/05/22/cloud-erp/

Advantages: http://gbeaubouef.wordpress.com/2011/11/23/cloud-erp-advantage/

Comment on Letter to Operations: no more spreadsheets for Purchasing by Brian

Brian — Wed, 18 Apr 2012 19:30:13 +0000

Great insights Doug, I completely agree. My co-workers and I publish discussions/news about Enterprise BPM, ERP’s, cloud computing, etc. that may be of interest as well: http://blog.apptricity.com/

Comment on Is SaaS ERP more expensive than licensed ERP? by Xyleme

Xyleme — Fri, 23 Mar 2012 19:47:59 +0000

SaaS is attractive for more reasons than the cost. It allows for greater accessibility from different devices and different locations.

Comment on Letter to Operations: no more spreadsheets for Purchasing by Fashion ERP Software Man

Fashion ERP Software Man — Fri, 16 Mar 2012 16:40:45 +0000

Well set up ERP really is the way forward, managing spreadsheets only really works at very small scales. I think you’re better off moving to ERP before it’s a requirement. Last thing you need is to learn something new when you’re already bogged down.

Comment on New Accounting Rules for Revenue Recognition by Bob Scarborough

Bob Scarborough — Wed, 22 Feb 2012 23:52:47 +0000

This is an important topic for technology companies. To add to the general discussion above – the new EITF compliance rules (as well as the SOP 97.2 rules) require allocation as well as revenue rules application.

Technology company sales that have multiple related items involved (like software and maintenance – each of which would have less value on its own) are treated as a multi-element arrangement (MEA). The revenue rules (EITF 08-01 and SOP 97.2) outline how the amount of the total sale needs to be apportioned between the different individual elements of the sale. This is to help with consistency (across sales in one company and across companies) as well as to decrease revenue manipulation.

For example – two sales of the exact same software could look like this:
Product Sale One Sale Two
Software 10,000 12,000
Maintenance 2,000 0

The total in both of these scenarios is $12,000 for the exact same MEA. However the value on the sales document to the customer is very different. The SOP and EITF standards listed above state that revenue should be allocated between the items on the sale based on the fair value of the items (independently determined) rather than the dollar amounts on the sale itself.

Once you have allocated the revenue amount to each line you can then apply the appropriate revenue rules to that item.

Bob Scarborough, Tensoft, Inc.

Comment on SaaS, Cloud, and Renting ERP Software by Aditya

Aditya — Tue, 14 Feb 2012 13:40:08 +0000

Interesting article on ERP solutions on the cloud and the pros and cons of renting ERP solutions on the cloud or otherwise.ERP solutions on the cloud will increase scalability and efficiency, clouds are also ubiquitous thus enabling global accessibility.The future of ERP is most certainly on the cloud.Just read an informative whitepaper, Choosing the right ERP solution for your organization @http://bit.ly/zSEOVf

Comment on ERP Software Cost Comparison: On-Premise, SaaS, and Hosted by Mike Stroven

Mike Stroven — Mon, 30 Jan 2012 14:30:21 +0000

So, if I’m paying the same amount to customize any of the options, “Cloud-hosted”, “On-premises”, or “SaaS”, my best initial move would be to choose a powerful open-source product with $0 license costs, and save my money to pay consultants 12-24 months down the line to upgrade as necessary…

Comment on Avoiding Cloud ERP Mistakes by Quijada Bergeaux

Quijada Bergeaux — Mon, 23 Jan 2012 02:04:30 +0000

Wonderful website. Lots of useful info here. I am sending it to a few buddies and sharing in delicious.

Comment on Web-based, SaaS, and Cloud ERP benefits by Sandra Maselli

Sandra Maselli — Thu, 12 Jan 2012 16:34:16 +0000

D.Johnson-

Thank you for a quick response. We would like to allow our clients (owners and tenants) to be able to access their individual information so I am understanding that the cloud base is the way to goes. Also security is important. Is there an add on that you recommend. For and example employee limited access. As for where did I hear about cloud base may not be here in the future? I read an article that said something about if you use an cloud base vendor and the company folds, you would be lost. I will try and find that article and send it your way.

Comment on Web-based, SaaS, and Cloud ERP benefits by djohnson

djohnson — Thu, 12 Jan 2012 15:55:39 +0000

Sandra –

The good news is that most Cloud software is also web-based. This means that you get the benefits of both web-based software and cloud scalability in one package. When you speak with a software vendor (contact me http://www.erpcloudnews.com/contact-us, if you want a list of potential vendors) make sure you ask if any client software is required. If client software is required, then you will not get all the benefits of web-based software.

re: Future of Cloud
I would love to know who told you that the cloud may not be here in the future. Please provide any details you have. I think just the opposite – that the cloud is here to stay.