Software 101: What’s an ROI? How Do I Get It?

ROI, or Return on Investment, is essential to making the right decision about enterprise software. In simple terms, ROI is the percentage return you are realizing on the money you spent on the software. ROI = ($ benefits per year minus additional yearly costs from the application) divided by the costs of implementing the new […]

ERP 101: Purchasing Benefits

At the very basic level, an ERP system can enable you to match invoices with receipts and purchase orders so that what you pay for is what you ordered and what you received. The purchase orders, receipts, and invoices are all in the same system, so the system can compare them and immediately determine if […]