ERP

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Singapore Budget 2020 (Supplementary Budget 2020) – EDG (1)

Singapore Budget 2020 was announced by Deputy Prime Minister and Minister for Finance Heng Swee Keat on the 18 February 2020. However, due to the COVID-19 ongoing pandemic globally, a special Supplementary Budget 2020 was announced on the 26 March 2020 which provides enhanced assistance to Singaporeans and enterprises in Singapore. Singapore Government is always advising enterprises in Singapore to be prepared for the upturn especially during the current COVID-19 downturn. Nobody knows when the upturn is coming but if you can catch the upturn wave as early as possible, [...]

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ERP and BI – A Perfect Combination

Companies today have mountains of data in their ERP and enterprise applications. And with the economy forcing us to do more with less, many are leaving this data largely untapped. Massive amounts of data can be overwhelming and complex, but the good news is that Business Intelligence tools can help deciper the data and add strategic value to your organization. Turning ERP data into actionable intelligence provides better decision making support and improved organizational visibility. Business Intelligence allows companies to work smarter and when the economy turns—as it inevitably will—those [...]

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4 Types of ERP Data Inefficiency

Inconsistent data entry. Example: Some vendors are numbered VE.XXXXX and others are numbered VEND.XXXXX, while the addresses have been entered in all upper case for some and in a proper case for others. Duplicate data. Example: Customer "AAA" Inc has been entered into the system three different times, each with slightly different naming/numbering conventions or address formatting. Typically, all three of those customers now also have associated posted history. Orphaned transactional data. Example: A multitude of old purchase orders are “stuck” in history, dating back years because they cannot be [...]

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Benefits of Mobile ERP

Flexibility Perhaps some people remember the stacks of files on their desks. At that time, people sacrificed half of their working day to find the information they were looking for. In addition to the loss of time, we should not forget the archive rooms full of files. With this cloud environment that puts an end to all this and gives an incredible advantage, businesses no longer have to sacrifice time and space. If we evaluate the situation in terms of mobile ERP, we can say that the cloud provides convenience [...]

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5 Tips for ERP Training in Your Team

Your team will be undergoing an ERP software integration. With all the different moving parts involved, it can be easy to overlook the basics - optimized training. Follow these tips to ensure your team members are best poised for success. Make ERP Training A Priority Unfortunately, your business doesn’t get to stop operating just because your software is changing. That said, if you don’t put the proper controls in place to make the integration successful, then you stand the risk of undermining your decision to switch software in the first [...]

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Multiable M18 ERP

Multiable, headquartered at Hong Kong, is well known in the ERP market for over 20 years. The latest product is M18 v3.0. Multiable M18 ERP eases the pain of enterprises by doing more with fewer programmers. From adding a table in existing UI, to building your own UI with custom logic from scratch, UDF Editor can help you finish your work with minimal coding. It is fully configurable and includes real-time ERP, Big Data analytics, and a gateway to the Internet of Things. Don’t worry; your data will be well protected under the TDE database encryption. We provide ERP for [...]

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Our Business and Local Culture is Unique. Can a Atandardized ERP Cater Our Needs?

You are not alone. Every business, no matter you are in China, Singapore, Vietnam or any other countries, possesses her own uniqueness. In the old days, standardized ERP systems did have the notorious pitfall of expensive customization fee and lengthy localization process. However, it is no more a problem for M18 ERP. Hong Kong, hosting one of the largest MNC headquarters community in the world, nurtures Multiable as an ERP system vendor with global vision. M18 ERP is widely adopted in different parts of the world like Bangladesh, China, Hong Kong, Malaysia, Singapore, Taiwan etc. Powered [...]

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We Are Not a Large Enterprise, Do We Still Need ERP?

Yes, you do need ERP. In fact, many small business or midsize companies (SMB) are drowning in spreadsheets, manual processes, and bad information from disparate solutions, so obviously not only large global enterprises need ERP. In this fast-moving world, accuracy and efficiency are very important for business and an ERP system is a reliable solution. Since different companies have different requirements for ERP systems, and new demands always appear during the business expansion process, therefore in the past you may need to spend extra money to upgrade ERP software. As a result, the operating costs will inevitably increase. [...]

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Is ERP Important for Business?

Yes, absolutely, ERP is important for business. An ERP system has a database on its back so that every staff can share a single source of truth in daily operation by using enterprise resource planning applications built inside. It helps you eliminate information silos between departments. The system can automate your core business processes and accomplish a consistent management. ERP helps you ensure regulatory compliance, reduce risk, fast-track reporting …etc. Multiable ERP will be your excellent control model in fulfilling the innovation and development requirements of your business.

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What is ERP?

Enterprise Resource Planning is a software system providing solutions on all core processes which is essential to run a company, such as finance, HR, manufacturing, supply chain, services, procurement, and others. A good ERP system should contain powerful functions but easy to use. Multiable ERP, a Hong Kong brand, is professional on this category. We provide visibility, analytics, and efficiency across every operation procedure. Through the latest technologies, Multiable ERP facilitates the flow of real-time information which links different departments together, let you make data-driven decisions and manage performance in [...]

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How to Build an Effective Business Intelligence (BI）Strategy

To implement the full potential of business intelligence and take its value to the next level in your business, you need a solid understanding of where you are, what you want to achieve, and what’s possible. From generating reports and charts that depict business performance, to implementing a truly transformative solution that uses powerful advanced analytics, to predicting behaviors and outcomes, business intelligence can be a strategic weapon that significantly impacts your bottom line. An effective business intelligence strategy will have to evolve as your business grows and will need [...]

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What Time to Use a Cloud ERP System

1. Outdated Technology Updating an older system to modern requirements and new hardware needs can be an expensive and time-consuming project that only delivers short-term benefits. If the underlying software and database infrastructures have aged past support dates and the system’s growth capability is limited, it’s time for a cloud ERP system. The older an ERP system is, the higher the current maintenance and future upgrade costs will be. Moore’s Law, which predicts the systematic increase of computing power, also applies to ERP systems. 2. User Unfriendliness When IT staff [...]

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8 Methods AI Improves ERP Software

1. Prediction AI-driven solutions can process historical data from ERP software and make predictions for the future. These tools identify seasonal patterns in your business, offering suggestions on whether you should decrease or increase production. Not only does AI reduce the costs of forecasting, but it also makes forecasting much more accurate. You can significantly reduce the risk of underproduction or overproduction when you manufacture the right amount of inventory. 2. Analytics Artificial intelligence’s ability to work with massive amounts of data enables real-time, accurate data insights from ERP software. [...]

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5 Things You Must Know Before Implementing ERP Software (2)

Data Quality Control The two most common data challenges an organization faces when implementing a new ERP system is replacing legacy data and consolidating separate solutions. First, the business should decide on what type of data needs to be collected for operations and business processes. The second step is to have the business clear any inaccurate or duplicate data sets in the previous system. Make sure you have someone, whether it be a vendor or IT expert, guide you through this process and map the migration of the newly refined [...]

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5 Things You Must Know Before Implementing ERP Software (1)

If you are a first time experience one just looking for an Enterprise Resource Planning (ERP) solution, there are five challenges organizations face when implementing an ERP for the first time. Identifying these challenges can help with the planning stages, ensuring all possible issues are addressed before the ERP implementation project.   Choose The Right One The 1st challenge is actually selecting the right software that is suited to your specific business needs. When it comes to choosing an ERP solution, it’s not a one-size fits all approach. Every business [...]

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Difference between ERP and POS

Enterprise Resource Planning (ERP) system refers to an all-in-one business management solution complete with features for inventory management, order entry and processing, accounting, warehouse management, contact management, purchasing, sales and financials, and more... Binding individual yet dependent departments together, ERP ensures a smooth flow of informational data between them. By gathering a company’s shared transactional data from multiple departments, ERP systems prevent data duplication and offer data integrity with a single version of the truth. Selecting the right and quality ERP solution, not only simplifies business processes but also results [...]

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Security in Multiable M18 ERP & HCM (2)

In my previous article, I shared that for an IT administrator or finance users of an ERP system, security is often one of the areas that are overlooked and this is often very risky which will cause the organisations to dysfunction. Security protection all the way down to the database level is of paramount importance. Today, let's us look at how Multiable M18 ERP & HCM system deal with role security and even field level of security. I did mention about role or field security in my previous article when [...]

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Security in Multiable M18 ERP & HCM (1)

These days IT security is of paramount and has been a hot topic. You will often heard that ABC company has been hacked and their customers' data have been leaked online. This is very damaging to the company's reputation and will be sued under the GDPR or PDPA regulations by the relevant authorities. Multiable M18 ERP & HCM Systems is cloud-native backend ERP systems that runs on cloud environment. Being an cloud application, naturally, it has been protected by the cloud service provider infrastructure and our customers are not to [...]

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Kanban in M18 ERP & HCM Systems (3)

As an ERP users probably in the warehouse, your task are to ensure that goods that needed to be shipped or going to be shipped are closely monitored especially to VVIP customers. Instead of running a static report every now and then, you will need to have a real-time information of the status and probably to update the status manually in a graphically way with ease. At this stage, you should be able to tell me that in Multiable ERP & HCM Systems, you are can easily achieve that by using [...]

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Kanban in M18 ERP & HCM Systems (2)

I had briefly introduce what Kanban is in our Multiable M18 ERP & HCM Systems. As an ERP system's users, if once of your weekly or monthly task is to update a bunch of data in the system, how do you do it? If it is just one or two fields that you need to update, I believe most users will export the data into excel, amend the data and then upload it back to the system. Yes, it might sounds easy but usually when you export, you are exporting [...]

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Kanban in M18 ERP & HCM Systems (1)

For many manufacturing users of ERP system, Kanban is probably a familiar name or term that you often heard of for lean manufacturing or Just-In-Time (JIT) manufacturing. In fact, this scheduling system used in manufacturing was invested by a Toyota engineer in the 1940s. Kanban in fact is the name of the Toyota Nameplate System. So what is Kanban in Multiable M18 ERP & HCM System? It is not related to the Kanban manufacturing but the idea is similar to the "Nameplate". It is a our graphical presentation of how [...]

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Users’ Query in M18 (3)

We had shared several useful functionalities or tricks that improves productivity and that is usually one of the main reasons why companies are looking to upgrade or even changing their backend ERP system. Fundamentally, the backend ERP system must be a system that allows flexibility for the users to capture data or information without spending additional time and money and once all these are captured, it must be flexible enough to allow users to extract the information out. Today let's us look at drill-in. In the M18 ERP system, it [...]

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Users’ Query in M18 (2)

Previously in M18 HCM & ERP system, we mentioned about the user's customisable lookup query that you can run as shortcut in order to improve productivity on the left panel in any of the data modules. Today, let's me share with you that in fact, during data entry, as long as the field enter is from the lookup, we can even further customise the lookup information according to the users' needs. For instance, in the M18 HCM & ERP system "Employee" module, there are lookup fields such as "Position" and [...]

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Users’ Query in M18 (1)

As we had seen in the previous Multiable M18 HCM & ERP system, it is a very robust and flexible system that allows users to create/ edit/ rearranging the fields in any of the data modules. Besides just adding fields, it even allows users to create their own data modules from scratch if there is a need to. All these can be easily achieved by its' powerful graphical user interface without the need of a consultant or programmer. Being flexible in data entry means the ERP system must also be [...]

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What makes an ERP system modern? User Defined Field (2)

We had briefly mentioned about the flexibility of a modern ERP system where it allows users to add/ edit any fields that in any of the data modules previously. Let's us take a closer look at how it can be done. Imagine that you are working for a company as a sales head where your sales managers have to enter their sales order or sales contracts in the company's ERP system.  However, there are a lot of fields that your sales managers need to enter besides the compulsory fields and [...]

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What makes an ERP system modern? User Defined Field (1)

How are modern ERP systems different from traditional one? It is probably one of the most common questions that you will be asking yourself when looking for a new ERP system. There are many articles in the internet but many simply telling you that traditional ERPs are generally housed on-premise using the company’s own servers and maintained by your own IT staffs and/or external IT company while modern ERPs are cloud ERP. Cloud ERP is hosted on the ERP vendors’ cloud and the system is provided as Software as a [...]

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