February 2018 from CPA Magazine and written by Michael Burns – “Senior executives of any organization that is going through a major system implementation worry whether the implementation project will cause huge problems when it goes live or whether the costs and time estimates are accurate. The project manager might be telling them all is well but project managers have been wrong on occasion. How do you look under the covers of a project to see what is really happening?”… Read more […]
Lean management is all about eliminating any waste by identifying each step in a business process and then revising or cutting out non-value added steps. The question is whether this should be done prior to selecting an ERP system. Proponents of doing it first assume that the implementation of an ERP system would be merely improving the automation of the existing process and better to eliminate the waste first. However, this approach (sometimes called repaving the cow paths and extending the chicken and egg analogy) is not best practice. The implementation of an ERP system is the best opportunity to […]
September 2017 from CPA Magazine – “Welcome once again to our annual vendor survey on enterprise resource planning (ERP) software. Every year we have a different theme for the article that accompanies our ERP survey results. This year we decided to look at the fine print in ERP contracts and the good, the bad and the ugly about requests for proposals (RFP) used in software selection….” Read More […]
Michael Burns was diagnosed with cancer and underwent treatment last year. The good news is that it all worked and Michael is healthy again, so much so that he recently rode a bicycle from Toronto to Niagara Falls in the Ride to Conquer Cancer. Lawrence Young, B.Comp.Sc., C.Adm, CMC, I.S.P. joined 180 Systems last year. He brings over 15 years of ERP system selection experience to our team and is based in Montreal. Jeff Zygouras, MMPA, CPA, CA recently joined 180 Systems. Jeff was a TA (Teaching Assistance) at UofT for Michael Burns for many years for a graduate course […]
Many of us get so much email that we don’t have time to read newsletters even from trusted sources. So why write a newsletter if it’s deleted by many if not most readers as soon as it is received? Over the past year, we have opted not to potentially waste our time. But we have now decided to resurrect our newsletter partly because we don’t want you to forget about us but also because it’s good for Search Engine Optimization. Another reason is that the primary writer of our newsletter is healthy again… […]
We have found that on average the one-time (on-premise) license fee is 3 times the annual fee based on our experience in evaluating RFP responses from vendors. One might think that the ratio between license and annual fee should be greater but that does not take into account the additional hosted services provided by the SaaS vendors including maintenance fees which are billed annually by on-premise vendors at approximately 20% of the license fee. It’s still early days for SaaS and as competition heats up the license ratio: annual fee will increase as SaaS fees are reduced. We recommend that […]
From CPA Magazine and written by Michael Burns – “We have all heard horror stories about failed ERP implementations but we rarely hear about the ones that went well. Does ERP deserve the bad rap it gets?…” Read More […]
June 1, 2016 from CPA Magazine – “As our cloud survey article showed, data is moving to the clouds at high speeds across all kinds of organizations. But is the data safer than it was when these organizations kept it locked away on their own premises…” Read More […]
You naturally want to minimize risks and avoid cost overruns before signing a long-term contract for a new ERP system. Your prospective vendor also wants to minimize risk, but is usually not in a position to do anything other than give an implementation estimate based on lots of assumptions about scope, roles and responsibilities. These assumptions could be fairly accurate, but could also be way off, which could lead to surprises and costly change orders during the implementation. Neither you nor the vendor want this to happen. Wrong assumptions that lead to change orders will create frustration, friction and could […]
I recently spoke with Andy Amalfitano CPA, CA, Director of Sales Central Region for Prophix about changes at Prophix and his perception of the cloud. Prophix (http://www.prophix.com/) is one of the leading solutions for Corporate Performance Management (CPM). Prophix includes: Budgeting, analysis and forecasting Financial, statutory and management reporting Financial consolidation Profitability modeling & optimization, cash flow and revenue planning Operational and strategic planning Prophix targets organizations with revenues between $50M and $2B who want to evolve from being dependent on Excel for their key financial processes. Prophix recently announced the latest version of its CPM solution, one that will […]