The average ROI of Enterprise Resource Planning (ERP) implementations is $7+ for every dollar spent. But what does that mean exactly – what is the real ROI of ERP? Read time: 2.5 min. No sector creates more economic value than…
What is ERP software? Enterprise Resource Planning (ERP) software is comprehensive business technology that enables organizations to use one system to manage company processes. ERP software is accounting and operations oriented, and features one database as a master source of…
Actual Costing vs. Standard Costing – What You Need to Know about Costing Methods for Manufacturing By Jim Smith, Principal Consultant at Terillium with expertise in costing methods for manufacturing Read time: 3 min. A costing method is the framework…
ERP for Manufacturing No sector creates more economic value than the manufacturing industry. Terillium is proud to help manufacturing companies implement Oracle ERP – solutions that help manufacturing businesses thrive with benefits like improved supply chain management, shop floor flexibility and better…
How to organize the information you need for better business reporting, and better business management If accurate business reporting is a problem for your company – you are not alone. Reporting and analyzing data across several systems is one of…
Learn how ERP Can Help You Improve Customer Service The customer is always right; we’ve all heard the expression. Today the customer is not only always right – the customer always has options. In the past businesses, especially asset-intensive companies in…