A Successful ERP Needs a Strong COA! / Drink a Ton of Coffee / Smart Food Labels / ERP in the Cloud / Ingesting Microplastics / Vegetables from Coal / Profiting from Traceability
A Successful ERP Needs a Strong COA!
“Where’s my report on Gross Margin by Brand and trends over the past year!” asked the CEO.
The financial analyst replied, “Well, we don’t have a code to track Sales and COGS to calculate Gross Margin by Brand”.
What’s missing in this age of information?
Tracking information at the basic level allows for smart queries and relevant information about the business.
The Chart of Accounts (COA) is the key to business reporting and insights and yet is often the most overlooked element when embarking on a new Enterprise Resource Planning (ERP) system
Don’t struggle. Get the COA working for you and use all the power of the ERP system.
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Recent Stories of Note
Best-Before Dates through your Smartphone activated Food Labels - scan and eat! Although the best-before dates on our foods may stop us from eating spoiled items, they can also cause us to toss out food that's really still good. New phone-powered labels could help, by notifying users when the food is actually starting to go "off." Read More NewAtlas
Drinking a ton of coffee is not bad for your heart! Researchers with the William Harvey Research Institute at Queen Mary University of London said they debunked previous studies that claimed drinking coffee — even up to 25 cups a day — would stiffen arteries. Read More Fox News
Moving ERP To The Cloud? To make use of the cloud, businesses will need to re-architect their systems for the cloud environment. It means enterprises wanting to move their ERP systems to the cloud have more design work ahead of them than just specifying the kinds of server instances and storage they want. Read More ITNews
We each ingest '121,000 pieces' of microplastics a year Humans consume and inhale up to 121,000 bits of microplastic every year, per person, according to estimates published in a study this week, and the authors warn they may be underestimating that figure. Worse news, there's more in alcohol than tap water. Read More The Register
Grow Vegetables from Heat from Coal Power Stations Digital Crossroads, the company converting an old coal-fired power station near Chicago into a giant colocation data centre, will use server heat to help agricultural efforts at the nearby Purdue Uni Northwest. The campus will feature a system to recapture waste heat – which is usually simply vented into the atmosphere – and route it into purpose-built greenhouses to be used by Uni's students and staff in various schemes. Read More The Register
Traceability in food production is a profit opportunity End-to-end traceability in the food supply chain can do more than safeguard against potential disasters, particularly at the processing stage. Geoff Furniss, Head of BBC Technologies at TOMRA, explains how. Read More Confectionery News
Statistically Speaking ... Almond Milk
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