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 Kronos has released an eBook, Navigating the Affordable Care Act: An Employer’s Guide to Managing Costs and Compliance in an ACA World.
New challenges presented by the ACA may affect the following: Read the rest of this entry »
Workday, Inc., a leading provider of cloud applications for human resources (HR) and finance, unwrapped its latest update, Workday 19. In total, Workday 19 includes more than 170 new features, with approximately 70 coming from the Workday Brainstorm forum. Each Workday upgrade adds more capabilities, and Workday 19 is no different. The Workday press release doesn’t do justice to these new features, but I attended Workday’s analyst briefing and will give more insight into the new features.
Highlights of the Workday 19 release include the following: Read the rest of this entry »
In an analyst webinar, Workday announced Update 18 of its Workday solution, which proposes enhancements for financial management, workforce engagement, performance management, and flexibility. In 2012, Workday had three significant updates demonstrating sustained efforts to advance its product at a fast pace. Furthermore, the update contains more than 100 new items, 60 of which address client feedback that was collected through the Workday’s Brainstorm online customer community. Read the rest of this entry »
Workday, Inc., was enthusiastically greeted by investors on its first day of trading with the stock jumping 74 percent. Workday was founded in 2005 by David Duffield and Aneel Bhusri following Oracle’s hostile takeover of PeopleSoft. Staying true to these human capital management (HCM) and financial roots, Duffield and Bhusri have built the PeopleSoft of the new millennium and investors have rewarded them richly for their focus and vision. Read the rest of this entry »
Zuora announces the launch of Z-Finance for subscription businesses. Zuora’s solution is built on a unique framework to address the shortcomings of traditional accounting methods. The solution complements popular accounting and ERP solutions such as FinancialForce, NetSuite, Oracle, Sage, SAP, and Quickbooks. Z-Finance is built on a framework containing multidimensional ledgers and a data model that inherently calculate subscription metrics like annual percentage rate (APR) and true cash value (TCV)—can your financial package can do this for you?
I recently had the opportunity, during Epicor’s global customer conference, to talk with Chad Meyer, director of product marketing, and he shared with me some of the highlights of Epicor’s vision and strategy for cloud enterprise resource planning (ERP). Read the rest of this entry »
Openbravo ERP is an enterprise resource planning (ERP) solution on the less expensive side of the spectrum, which is valued by distribution and retail industries as well as by manufacturing, services, public-sector, and nonprofit organizations.
I caught up with Openbravo’s John Fandl recently about the company’s latest iteration of its ERP solution (version 3). In the past, we’ve mostly mentioned Openbravo as a peer to other open source ERP vendors, but it deserves to be considered in its own right. Read the rest of this entry »
Accounting and Business
Accounting departments have long suffered from being considered as serving a lower-priority function and playing a subsidiary role to other departments in any business—i.e., a “non-value creating” activity. Many business owners and top managers consider accounting as government mandated and a pretty much useless function. They also view accountants as boring bean counters whose only role is to prepare a few insipid reports a year, and who are known for their constant irritating interventions to “more valuable” departments with unclear (for most personnel) requirements and standards that others have to maintain for reasons unknown. And I wouldn’t be surprised if all top managers secretly dreamt of ridding themselves of those annoying accounting people and finally doing whatever they want, without looking back at the “weird” needs of the bookkeeping department. Or at least outsource them as much as possible to minimize their involvement, cut expenses to nearly nothing, and forget about them—all the more so, as information technology (IT) allows for performing such outsourcing nowadays.
However, accounting and financial activities, and the people who carry them out, definitely deserve to be better regarded by others. Read the rest of this entry »
Distribution organizations play a key role between the manufacturers and retailers. Being the middle organization between a manufacturer and a retailer, a distribution center (DC) needs to have a robust operation and accurate information for delivering products and services to its customers. Read the rest of this entry »
Part 1 of this blog series described Unit 4 Agresso’s (or Agresso in further text) dual product strategy following its acquisition of CODA in 2008. The post then went on to analyzing (and reinforcing if you will, given a number of previous blog entries on the same topic) the post-implementation agility capabilities of Agresso Business World (ABW) [evaluate this product].
The blog post attempted to explain how the product’s underlying VITA architecture differs from contemporary service-oriented architecture (SOA)-based architectures. Part 2 of this blog series analyzes the CODA Financials product and its underlying Link architecture. Contrary to Agresso VITA, CODA Link (a.k.a. CODA 2link) architecture is indeed SOA-based and supports superior connectivity. Read the rest of this entry »
Over the last few years I have produced a number of articles and blog entries on two once-independent and occasionally competing products: Agresso Business World (ABW) and CODA Financials. Since early 2008, these two products and their related owner companies have become siblings within the Unit 4 Agresso parent.
Unit 4 Agresso is a Netherlands-based business software company that has grown since its inception in 1980 in great part via several mergers and acquisitions (M&As). The company offers a number of regional products for small and midsize enterprises (SMEs) that are deployed mainly in the Benelux region. In addition, the vendor offers local business applications that are sold in Norway, Sweden, the UK, Germany, and Spain.
However, most of Unit 4 Agresso’s revenue is still derived from the Agresso Business World (ABW) product line. ABW [evaluate this product] is a non-manufacturing enterprise resource planning (ERP) suite targeted at upper midsize service-centric enterprises, and Unit 4 Agresso acquired it in August 2000 through a merger with the former Norwegian ERP vendor Agresso.
Thus, for the rest of this blog post, I will use the shorter “Agresso” name to denote the entire company. Agresso completed the CODA acquisition throughout 2008, which now makes it the sixth largest mid-market ERP vendor worldwide according to IDC. In 2008, the company had about US$ 550 million in revenues and 3,500 employees, and was operating in 19 countries in 3 continents around the world. Read the rest of this entry »