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Category: cost

What Are Landed Costs & Why You Need to Calculate Them Right Now

Have you ever gone to purchase something online but end up re-thinking your decision because of all the additional costs that end up getting added at the end? For example, you thought the price of a new outdoor grill is $258.99. When you went to check out, the store asked you to pay $301.99. The…

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Selling a Business With Inventory: How to Value Stock

Editor’s note: This post was orginally published in July 2019 and has been completely revamped and updated in June 2022 for accuracy and comprehensiveness. This is a guest post by contributor Marla DiCarlo. It outlines how inventory and its value should be approached in any company which handles stock. The business depends on keeping detailed…

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Study: ERP trends for 2012

Panorama Consulting, one of the consulting companies we keep an eye on, recently published a study regarding the trends for 2012 in the world of business software which holds some interesting results. (credit) They based their study on a survey running for the entire year of 2011 on their website and have managed to aggregate…

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The most important aspect of cloud ERP

As long as your business is smaller than a certain size software-as-a-service ERP makes all the sense in the world for a number of reasons. Cost, efficiency, scalability, multi-location benefits, mobility, even security are all factors to make you choose the online instead of the traditional approach. Once that decision is behind you however the…

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The Future of Business Software & ERP

If you do not know what ERP is, it is software that maps real-life business processes in the computer for analysis and reporting. A business process for a project manager may refer to adding a note to call a group of project engineers for a Skype meeting; for a salesman, a business process may refer…

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Market research: erpnext.com – The open source ERP

This is the last on this series of posts reviewing the best and most popular online ERP vendors for our imaginary MegaComp company of 9 employees and 4 locations. So, last but not least, it’s erpnext.com.  Features: Quite feature-rich itself, erpnext offers a lot of services a business may need and it is clear the…

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Market research: brightpearl.com – All round SaaS ERP

Brightpearl is an online ERP and inventory management provider (among many other things as we’ll see in this post) which could cover the needs of a small or medium business, much like MegaComp. It’s the fourth we present in this series of posts after megaventory, erply and myerp. Features: Brightpearl will be able to cover…

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Market research: Erply.com – the feature-full SaaS ERP

Following up on the previous posts and in an effort to help people decide what is the best ERP solution for them we will be looking into other service providers in the industry. If you don’t know what ERP is, you better read this thread instead and come back later. We’ll be looking into Software-as-a-Service…

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Why Megaventory Is The Best Inventory Management Software

Editor’s Note: This blog post was originally published in January 2012 and has been completely revamped and updated in November 2022 for better understanding and comprehensiveness. In our recent ERP guide, we covered business software basics and how to choose the right software for your business. We also posted a very interesting study regarding business…

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A study for business & manufacturing software

Our previous posts on what is ERP, how ERP software can help your company and how to choose what’s the best service for your business out there should give a nice introduction to our ‘software for businesses’ world. There’s another important aspect however, before a company can benefit from ERP – its employees need to…

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