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Robert Jurcec

Seven Actions Required to Meet NonProfit Funding Challenges in 2021

NonProfit funding and financial sustainability has been found to be the #1 Top Issue for Board Directors and Executive team members in a survey by AIDC of NonProfits and the challenges they face in 2020/21. NonProfit funding has always been challenging, but the impacts of COVID-19 have seen significant change in the form of reduced …

What are the types of ERP systems – How does Cloud ERP Fit

What is an ERP and how do they differ? It is well accepted that technology drives growth and business improvement.  Advancements in software applications have meant that they have become critical business tools by maximisation of profit, improvements in efficiency, fostering innovation, and allowing for rapid scale and growth. As organisations looked for ways to …

NetSuite 2020.2 for Not for Profits Enables Accurate, Reliable Cross-Functional Data Sharing

The landscape for Australian Not-For-Profits is constantly evolving. Shifting demographics, changing regulatory requirements, reporting, and expanded funding examinations present challenges to this sector.  Successful nonprofits are those that can adapt to the demands and still deliver their services. The recent bushfires and COVID-19 crisis have highlighted the importance of using the correct data for financial …

Scenario Planning and Forecasting. A Must in the Current Landscape. Here’s How NetSuite Can Help.

As most financial and leadership teams will attest, forecasting under normal circumstances can be cumbersome and challenging, and in today’s current environment, it might seem even impossible. But as the economy reopens, it’s crucial for businesses to build out scenarios based on their current state and assume a wide range of outcomes, accounting for sales, …

Multi-Subsidiary Accounting Can Be Easy

Managing the typical close process is rarely easy—data is stored in multiple systems and formats, hours are spent tracking down missing information and spreadsheet calculations must be entered into the accounting system manually. For organisations with multiple subsidiaries or independent business units, however, closing the books is even more challenging, especially if they operate in …

3 Ways of Fine Tuning Your Planning and Budgeting Processes for 2020-21

It’s that time of year again… Budgets! As we draw closer to the beginning of the new 2020-21 financial year. Financial Planning and Analysis (FP&A) teams play a crucial role supporting major corporate decisions of the CFO, CEO, the Board of Directors and department heads. Unlike accountants who are in charge of record keeping, financial …

Is your global Supply chain under pressure?

Is your supply chain under pressure due to dramatically reduced demand or in some other cases rapidly expanding demand – think face masks? The current situation with being confined to our homes is having a profound effect on us especially on how we manage the future of a global supply chain… A global supply chain …

Looking for a ERP Partner? ERP Solution Provider Attributes That Separate One From Another.

There’s no doubt when implementing an ERP there’s a huge amount of time and effort required from your employees needing to juggle their day jobs and work the implementation team, coupled with the associated risk to your business to get it right the first time; you want to ensure there’s the efficiencies in the business …

ERP Implementations – Waterfall versus Agile Based Flexsafe?

Differences between Waterfall and The Flexsafe Agile ERP Implementation After going through the stages of finding the right ERP solution for your business the next step comes to finding the right solution provider or partner to implement the application. Each solution provider will have their own tools, processes and methodologies for rolling out the ERP …

What are KPI’s? How do KPI’s and Metrics make your role successful?

Key performance indicators (KPIs) sets a vital role in almost every organisation and every successful businesses aim to reach and even exceed their organisation goal. A KPI tracking dashboard collects, groups, organises, visualises and analyses the company’s metrics by giving an overview summary of the performance and level of growth. Businesses often need KPI tracking …

Accounting Software Versus ERP Solutions

In the recent years, enterprises are embracing the digitalization and turning from traditional to a more techie approaches, more and more organizations are interested in the concept of Cloud software and ERP solutions. Nowadays, online business accounting solutions are substituting the conventional way of doing accounts for the businesses. Out there, many considerations are put …

ERP Implementations Struggle: Why Do Project Fails and How to Avoid Failures?

“Unrealistic expectation is one of the root causes of why so many companies struggle in the ERP implementation and digital transformation endeavours.” Based on released articles and studies commissioned by software vendors or industry analyst paid by software vendors about mid-sizes companies, digital transformation have significantly helped SMB determine failure rates and success rates of …

How could ERP solutions interact with today’s leading edge technologies

While a milestone of innovation aggressively occurs in Digital Economy, Enterprise Resource Planning Solution strives to reach a certain scale, cloud system application becomes essential in every field of businesses and were extensively differs from one market to another. The recent market share analysis by Gartner release a value of $US35 billion, with Oracle NetSuite …

ERP Integration.. An easy guide to understanding your options.

Unless you are in IT or technical enough to have been involved in software integration, it can be sometimes daunting when you are being exposed to make a decision, which integration approach is best… I have outlined below the types of integration options possible today, how each work (in simplistic terms for all to hopefully …

Differences between Multi-Tenant and Single Tenant Cloud ERP’s

As we have issued a discussion about the fundamental understanding of Cloud Based ERP, we were able to grasp a deeper insight and encounter different terms that define and in line to Cloud ERPs. With such thing in mind, let’s extend the definition of a Cloud ERP and talk a little deeper about these through …