Data lakes and data warehouses are buzzwords you hear when it comes to data storage in the context of Big Data. In fact, they also denote two different approaches. The „lake“ in Data Lake is indeed a fitting term: a large pool filled with raw data that is stored there unstructured and without a specific use. A data warehouse, on the other hand, keeps ordered, structured, filtered data in stock. For what purpose should you use which approach?
Read MoreSAP Business One vs SAP Business ByDesign
There are still some people who associate SAP primarily with software solutions for large corporations. This completely overlooks the fact that SAP Business One and SAP Business ByDesign are two ERP software packages on the market that are aimed at SMEs. But why two ERP offerings for SMEs? Obviously there is a need in the market, as both ERP solutions have been operating there successfully for years.
Read MoreAccounting for startups
It all starts with an outstanding idea and/or a unique selling point that promises big profits. Once the start-up has been founded, the focus is then on acquiring customers, refining the business model and generating revenue. However, what sustains all these activities and ultimately determines success or failure are the finances.
In order to keep these under control as a founder, you need organised accounting for start-ups.
GMP standards for ERP in the pharmaceutical industry
Good manufacturing practice (GMP) is a system designed to ensure that products are consistently manufactured and controlled according to quality standards. It was developed to minimise the risks associated with any pharmaceutical production that cannot be avoided by testing the product.
Read MoreNew MariProject version 6.5
The new version MariProject 6.5 is now available. MariProject has again received some improvements and extensions. These include functions for invoicing, for purchasing processing and also for the SupportDesk.
Read MoreThe finance module - the heart of the ERP software
The finance module of an ERP software is the component that houses almost all of the most important accounting and financial management functions of a company within the ERP software
Read MoreIntroduction of business software - surprisingly not technological
When introducing business software such as ERP or CRM, there are a lot of obstacles, challenges and surprises to overcome.
Read MoreSAP Business One 2021
Almost like the German Chancellor's New Year's address, a video on SAP products for SMEs appears on YouTube at the end of the year. Rainer Zinow (SVP Product Management Small and Mid Sized Enterprises SAP SE) provides an outlook on SAP Business One 2021.
Read MoreGroup-wide consolidation of ERP systems
If a company is taken over by another, usually larger company, there is often a call to consolidate the ERP systems of the newly connected companies.
Read MoreBig Data - Relevant for SMEs?
Admittedly, like many other buzzwords, „Big Data“ is used in a simplified or confusing way. Does Big Data have any actual relevance for small and medium-sized enterprises?
Read More