Knowledge Hub | ERP & Business Management Insights - ERP RSS Feed
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In the world of project management and ERP system development, there’s no such thing as “small details.”
Every clause, every agreement, and every written step in a contract can be the difference between a successful project and one that leads to loss for both parties.
A contract is not just a piece of paper signed at the start of a project —
it’s ..
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Accurately tracking labor time is not just a method for managing direct and indirect costs—it also significantly enhances cash flow management.
Link to Cash Flow:
More Accurate Revenue: Tracking direct labor hours helps generate precise invoices, improving incoming cash flow.
Better Expense Control: Monitoring indirect labor hours reduc..
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Introduction
In complex industries like construction and engineering, project success depends on one thing: control — control over time, cost, resources, contracts, and on-site execution. As projects grow in size and complexity, using an ERP system is no longer optional — it’s essential.
But here’s the real question:
Is any ERP system good enou..
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Why Do ERP Implementations Often Fail?
Many companies invest in ERP systems hoping to streamline operations and organize departments.
But after implementation, they often face a frustrating issue:
“Employees don’t know how to use the system!”
The problem isn’t always with the system itself — it’s usually something people overlook:
User Experie..
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In the world of engineering projects, cash flow management and cost control are among the most critical factors influencing a project's success and sustainability.
Cash Flow Management:
This process involves tracking and forecasting incoming and outgoing cash flows to ensure the availability of liquidity to meet financial obligations. An ERP acc..
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Managing engineering projects requires a robust system that helps you organize operations and achieve efficiency. Here are simplified steps for implementing an ERP system using Primavera Unifier, specifically designed to manage large and complex projects.
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1. Data Collection and Current Analysis
Start by gathering all data related to current pr..
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