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Fixed Assets Management: What You Need to Know
When managing fixed assets, you must follow Generally Accepted Accounting Principles (GAAP) for financial statement reporting, and you must follow the IRS tax

gaap book  explains the differences between GAAP principles and IRS regulations for fixed assets management, and provides a list of best practices to follow. Read More...
Discrete Manufacturing (ERP)
The simplified definition of enterprise resource planning (ERP) software is a set of applications that automate finance and human resources departments and help manufacturers handle jobs such as or...
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Documents related to » gaap book


The move to IFRS and XBRL
IFRS is an accounting standard dealing with global financial reporting. XBRL is an electronic language describing financial data according to global standards

gaap book  why IFRS will displace GAAP in the US and the link between IFRS and XBRL. The move to IFRS and XBRL Why are governments moving to International Financial Reporting System (IFRS) and extensible business reporting language (XBRL)? The advent of the Internet (circa 1980) resulted in global communication times shrinking to minutes from days or hours. The consequences of inexpensive, real-time, Internet-based access to information systems were that companies became global players, and then, that governments, Read More...
How Can IT Help Competitiveness These Bleak Days? - Part 2
Part 1 of this blog series introduced the SAP-sponsored expert panel discussion that explored reasons to maintain IT investments even during difficult economic

gaap book  Can IT Help Competitiveness These Bleak Days? - Part 2 Part 1 of this blog series introduced the SAP -sponsored expert panel discussion that explored reasons to maintain IT investments even during difficult economic times. The Harvard Business Review (HBR) article by Andrew McAfee and Erik Brynjolfsson entitled “Investing in the IT That Makes a Competitive Difference was the main supplement and starting point of the discussion. As I mentioned in Part 1 , in a nutshell, the panel logically (and not Read More...
iPad, Fashion PLM, and the Connection Between Fashion Designers and Customers
I recently had the opportunity to meet with Centric Software and get to know more about Centric 8 Product Lifecycle Management (PLM) and Sourcing Solutions for

gaap book  Fashion PLM, and the Connection Between Fashion Designers and Customers I recently had the opportunity to meet with Centric Software and get to know more about Centric 8 Product Lifecycle Management (PLM) and Sourcing Solutions for the fashion industry. Among the interesting topics discussed, a recently launched product called Collection Book for Fashion iPad app was most impressive. In my view, this iPad app is a great product, as it takes advantage of the user interface (UI) feature of the iPad. Read More...
Attract, Develop, and Retain a 21st Century Workforce
Is your business prepared for the way we'll work in the future? To stay ahead of the competition you need a proactive, integrated approach to your entire talent

gaap book  talent management, modern workforce management, talent management solution Read More...
The Data Warehouse Institute (TDWI) Conference in San Diego: The Agile Approach to Business Intelligence (BI)
Next month a TDWI World Conference will be taking place in San Diego, California. What’s so special about this conference anyway? The answer is simple:  the

gaap book  Data Warehouse Institute (TDWI) Conference in San Diego: The Agile Approach to Business Intelligence (BI) Next month a TDWI World Conference will be taking place in San Diego, California. What’s so special about this conference anyway? The answer is simple:  the general topic is going to be “Creating an Agile BI Environment”. Progressively in the last four or five years, the agile software development methodology has been jumping from the software development area to the data warehouse space, as Read More...
Will 2013 Be IBS’ Comeback Year? Part 1
Several years ago enterprise applications market observers might have talked about Sweden’s “Three I” enterprise resource planning (ERP) vendors: Intentia, IFS,

gaap book  2013 Be IBS’ Comeback Year? Part 1 Several years ago enterprise applications market observers might have talked about Sweden’s “Three I” enterprise resource planning (ERP) vendors: Intentia , IFS , and IBS . While hardly anyone has ever questioned those publicly traded vendors’ industry savvy and product functionality, all three of them have struggled with stagnant growth and red ink for the major part of the late 1990s and early 2000s. The first one is no longer an independent company and Read More...
SAP HANA Going “Moneyball”
After recently acquiring a sports ticketing and entertainment software solution, SAP has announced the launch of the SAP Scouting solution, an enterprise

gaap book  HANA Going “Moneyball” After recently acquiring a  sports ticketing and entertainment software solution , SAP has announced the  launch of the SAP Scouting solution , an enterprise offering enabling sports franchises to improve their ability to identify and acquire the talent that should fuel their teams’ on-field success. SAP developed the solution in partnership with the National Football League’s (NFL) San Francisco 49ers during preparation for the 2013 NFL Draft . The announcement was Read More...
Managing Lean Manufacturing Using Microsoft Dynamics AX 2009
A supply chain management system (SCM) is a critical success factor for implementing lean manufacturing. The SCM system helps define product structure, costing

gaap book  Lean Manufacturing Using Microsoft Dynamics AX 2009 This is an excerpt from the book Managing Lean Manufacturing Using Microsoft Dynamics AX 2009 by Dr. Scott Hamilton. The book can be ordered on amazon.com . Reprinted with kind permission of the publishers. Introduction An integrated supply chain management (SCM) system represents a critical success factor for effective implementation of lean manufacturing. The SCM system supports development and consensus for the demand plan, integrates Read More...
Ring the Bell: Tableau Goes Public
Sporting a brand new stock symbol (NYSE: DATA), Tableau Software, the Seattle-based analytics and visualization software provider announced the pricing of its

gaap book   Read More...
ADP and Kronos Help Customers Adapt to the Affordable Care Act
In an effort to help organizations tackle the new requirements of the Affordable Care Act (ACA), ADP has launched a Health Care Reform section on ADP.com while

gaap book   Read More...
Sales and Operations Planning Part One: Identifying and Forecasting Demand
An effective sales and operations planning game plan results in fewer stock-outs, shorter delivery lead-times, higher on-time shipping percentages, a manageable

gaap book  and Operations Planning Part One: Identifying and Forecasting Demand Sales and Operations Planning Part One: Identifying and Forecasting Demand Featured Author - Dr. Scott Hamilton - December 11, 2003 Introduction A firm's sales and operations planning (S&OP) process starts with the definition of all demands for the firm's goods and services. It formulates game plans that drive supply chain activities to meet those demands. Hence, an effective S&OP game plan requires consideration of both demands and Read More...
Extensible Business Reporting Language (XBRL) Back in the News Again
Visiting the Securities and Exchange Commission's (SEC's) web site, I came across this 143-page PDF file, which deals with XBRL. As a gung-ho proponent of

gaap book  and Pepsi file with GAAP and IFRS, are using XBRL, and are on the very pro XBRL bandwagon. About the only criticism I have about Mr. Cox’s plan is the timeline. CFOs balked at the aggressiveness of the schedule that SEC proposed. SEC wants them to aim for concrete results for 2010. XBRL is the next big wave to the financial modules of ERP software packages. In subsequent blogs I will address this topic with gusto. Read More...
A New Customer Relationship Management Framework: Twenty-first Century Necessity, or Blowin' in the Wind?
The business ecosystem has shifted focus from corporation to customer, and the location of value has changed with it. Where value had historically been located

gaap book  New Customer Relationship Management Framework: Twenty-first Century Necessity, or Blowin' in the Wind? What do you think about when you think customer relationship management (CRM)? My bet is that you'll think that it's marketing, sales, and support functions, or a strategy that is designed to garner customer commitments of some sort, or an outlook and set of practices that will drive customer behaviors when it comes to product or services sales—and the words up-sell and cross-sell will be prominent Read More...
The Sales Benchmarking Primer
Sales benchmarking is a diagnostic discipline that objectively identifies opportunities for sales-related performance improvement and enables best-practice

gaap book  Sales Benchmarking Primer Sales benchmarking is a diagnostic discipline that objectively identifies opportunities for sales-related performance improvement and enables best-practice solutions. This Sales Benchmarking Primer includes two important chapters from the best-selling book Making the Number—and provides a process-based framework for marketing and sales that can help your company survive and prosper in an unstable economy. Read More...

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