Most enterprises are automating their Quoting process, either with a standard software vendor or custom software. My previous article “Quoting: Common Challenges” summarizes the business challenges in the quoting process and what …
Let’s face it. Cloud computing isn’t on everyone’s wishlist for 2019 and beyond yet. Organizations are slowly charting the path to Cloud but nobody is really there except of course …
Among the core processes and problems of Configure-Price-Quote, configuration-related problems tend to be the most complex. Product modeling has been one of the earliest applications of Artificial Intelligence due to …
In this competitive world, quick and accurate order promising is the key to retain existing customers and to attract new customers, Oracle Global Order Promising acknowledges quick delivery promises that …
Do the standard reports from your ERP work? No, most of the standard reports which are developed during an ERP implementation do not help the financial user(s) during the time …
ASC606 has many provisions for revenue recognition, but here are the 6 key considerations that will impact the majority of the companies implementing the standard. The considerations are pricing, loyalty, …
Rebates are the incentives given to customers to buy or consume more goods and services that will meet the rebate criteria and earn the rebate amount. Typically rebates are offered …
From January 2018, companies in the US have to report their revenue according to the new Accounting Standards Codification (ASC) 606. The new standard is the joint effort of the …
Companies whose manufactured products and processes, such as those in life sciences (medical devices, pharmaceutical, biotechnology, biopharmaceutical), aerospace, food and beverage, and some chemical companies, are increasingly regulated by government …
