Corporate ERP for Multinational Enterprises: Microsoft Dynamics and SAP Business One

Corporate ERP for Multinational Enterprises: Microsoft Dynamics and SAP Business One

In this small publication we want to guide you through the multinational corporate ERP selection and implementation phase, where we use real case studies of our international ERP consulting practices:

1.      Corporate ERP at US Headquarters

Here you often have little room for change, because your organization may have invested a few or even years ago for an intermediate accounting application and everyone is happy with this historical choice. In our example, we assume that your company’s ERP is Microsoft Dynamics GP, previously known as Great Plains Dynamics or enterprise. Let’s assume that Great Plains is in production and you have a strong number of FRx financial statements to cover the Financial and Managerial Accounting versions of the Balance Sheet, P&L, Cash Flow Statement with the consolidated version

2.      Overseas manufacturing facilities.

Let’s assume that you acquired a company in Brazil, the Sao Paulo area if now you need to apply a local accounting application. The first idea might be the following – we have already purchased a Dynamics GP license, why don’t we add a new company to our current Great Plains installation and are our operations in Brazil recorded there? Well, theoretically you can do that, but there are a few things to consider. First, you must be aware of the ERP you choose is translated into Brazilian Portuguese, and second – is your ERP compliant with Brazilian law? If you do your research, call the Microsoft Dynamics subdivision, you will get the answer. Instead, Microsoft might recommend … READ MORE ...

International B2B Portal Helps Increase Your Global Business Market

International B2B Portal Helps Increase Your Global Business Market

There is great competition in every business today which traditionally conducts international trade is very difficult. For that, we need a very large investment of time and money. In the beginning, international trade in small businesses was almost impossible due to lack of resources, only large businesses were involved in international business. Today, the internet has brought drastic changes to the business scenario. With the help of information from the B2B portal today not only big businesses but small businesses also carry out international trade. These portals offer international trade services at economical prices. The resources needed to do business through online trading portals are very few.

B2B Trading

B2B trading is a transaction between a business and its volume is higher so every trader must be careful about safe trading. To get international trade from the online Business to Business portal, you must register and post-trade leads. The online trading portal offers various membership options such as free membership and premium membership. Premium members are listed at the top and often get more business than others. Employers must upload all information on the portal. After the information is uploaded, the information remains there for a long time as needed. This means the effort needed to maintain an online presence on these sites is also lacking. Businesses can also update their information from time to time if needed.

Buyers

People from all over the world market can see company products, company information, and place orders online. Buyers can also ask … READ MORE ...