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Custom ERP Software Development: Is It Worth It?

Most business organizations today are quickly adopting the use of custom ERP software solutions because as opposed to the common use of manual procedures and legacy applications, ERP programs are cost-effective and efficient. The Enterprise Resource Planning program is a system of integrated applications that are designed to automate different department/office operations (product planning, development, manufacturing, sales and marketing) to a single database.

Nevertheless, not all ERP software will meet to every requirement of your organization. Therefore, when deciding on the ERP software to adopt, you need to choose the most reliable one as far as your business needs and processes are concerned. In turn, here are the two types of ERP systems:

Off-the-shelf

These are systems easy to implement due to the fact that they are developed out of the experience of other organizations (user groups) other than yours. From the discussions on how each of those companies’ best use the system, you acquire information on how best to adopt the system for your business.

Custom ERP software

With custom ERP, the system is developed based on your company’s experience. A programmer gets to design the ERP system in accordance what exactly you want the software to be able to do and ideally, the process it should follow in order to do perform and facilitate your operations.

WY COMPANIES CHOOSE CUSTOM ERP SOFTWARE

There is a greater chance of a company meeting its user requirements when it goes for custom-built ERP software other than a generic system solution. This is so despite the high upfront costs and time consumption to get the system started. You can always start small and add the essential layers as you go by and in the end meet, the target software for your business. Plus, it is also a way to spreading the initial expenses throughout.

Custom ERP software is also designed to fit your business processes instead of the business fitting into it, this is somehow relieving since as far as training of the company’s staff is concerned, there will be less of it. All they have to do is make little adjustments to coordinate with the system.

A good example of such approach is Tesla, who carefully evaluated all pros, cons, and risks and decided to build custom ERP solution having above mentioned benefits in mind. Tesla CIO Jay Vijayan calculated the costs of SAP implementation in “millions of dollars” and a year to perform all the required integrations. Tesla managed to achieve same functionality within 4 month and much lower budget with custom built ERP. As the result, they’ve got independence from third-party vendor and Enterprise Resource Planning System that is tailor-made for their established internal business and manufacturing processes.

HOW MUCH IT WOULD COST TO BUILD CUSTOM ERP SOFTWARE

It is obvious that the cost of custom ERP software development would depend on what you require, the number users and its complexity. For instance, if you are going for a sophisticated custom ERP system, you might not find complete designs that fulfill your needs. Therefore, you will have to incur extra cost for complimentary products to ensure the software fully functions.

Nevertheless, the general cost of the ERP system will range between $25k to 75k. The extra incurring costs for future modules or top-up services and tools would go for $5k to 25k.

RISKS OF DEVELOPING CUSTOM ERP SOFTWARE

The solutions and services that custom ERP software development is meant to provide, is usually not in box therefore, it requires a lot of time and finances to initialize the design resulting to high upfront fee.

Since development of a custom ERP software is on basis of your requirements, to get a high-quality system that maneuvers around future changes easily despite it being a first-time project, you require a developer with experience. Such resources are hard to come by as you are outsourcing.

In addition, your contact with the developer who initialed the system needs to be consistent. This is because they would understand the system better during the development cycle: design, testing, QA/ testing, and training. This may be hard to do especially if the developer is not reliable.

Despite that, custom ERP software helps to save an enormous amount of money in long-term perspective. You may ask how is that possible. Each company counts on continued growth, including the number of employees, field force, and offices. In many cases, a bigger number of users means the continually growing expenses for the licensed ERP solution. Enterprise support packages are often sold as extra services and are way more expensive than support from the custom software development provider whose support is often included in the contract. Also, it is worth to mention that your organization will be the only one supported for the product which means better and faster communication.

So, the expenses for the existing user licenses, new licenses, and support of the off-the-shelf solution is growing exponentially and completely overlap custom ERP software development costs in a couple of years. In its turn, custom ERP software will justify its high upfront costs, because your enterprise won’t be locked to the provider, will own the solution and all the data stored in the cloud as the result, and won’t pay for licenses when new user accounts will be needed.

CUSTOM ERP SOLUTIONS EXAMPLES IN DIFFERENT INDUSTRIES

From the advantages of the existence of a software that can meet your business requirements and solutions, most companies have been seen heading to custom ERP system development for the management of their operations. Below are a few of such companies:

Oil and Gas Companies

Oil and gas companies have a great plus with custom ERP software development but, it is usually a tragedy if the system does not support the operations efficiently. Therefore, when going for a tailored system for such a massive company more considerations are put in place other than the obvious; meeting the user needs.

Custom ERP software for gas and oil companies should most importantly have applications to handling the environment safety. Energy companies are known to be hazardous to their environment and if not taken care of it would cause damage and to some extent shutting down of the organization. Therefore, the system should be able to provide data to the technicians as warnings in case of any threat so that they can mitigate the risks.

Also, other than facilitating the operations of the company, a custom ERP software development should be able to open up opportunities for high profit returns investments for the business. That is, it should have a cost management application too.

Finally, oil and gas fields are known to be really massive and some are usually in dense remote areas but since it’s business, every asset should be accounted for. In turn, a custom ERP software with good networking is essential to integrating and managing all the company’s operations regardless of the location. Such location difficulties are curbed with high-tech optimization tools to managing all labor and resources throughout.

Manufacturing companies

With manufacturing firms, custom ERP system are saviors when it comes to saving costs, eliminating office paperwork, tracking business performance and improving customer experience. This is made possible by integrated custom applications platforms for management of its operations.

Nevertheless, managing a national or to some extent international business operations can be a challenging task. A centralized custom ERP software can however, bring light to all your businesses processes as it enables management of creation of product, marketing and availing of the product across all the decentralized outlets. In addition, it integrates all that data thus incorporating workflow and control automatically.

Education (schools)

Schools that are going for complete computerization of their functions and processes have custom ERP system development to opt for. A great number of schools have been seen heading to this direction with use of highly tailor-made programs to handle the school management and they are known to be very successful.

Whether it is nursery/ kindergarten, high school or colleges, custom ERP systems have proven to provide efficient management of the institutions.

WHAT ADVANTAGES WILL YOU GET IF DECIDE TO DEVELOP CUSTOM ERP

  • A custom ERP software is more of a prototype system whereby you can start designing the most basic and important features and function that you have in mind then later, during testing and maintenance, you can add other essentials bringing you to a very efficient software.
  • With a custom-tailored system, you are likely to achieve the solutions or attain the services you are going for from a software seamlessly.
  • The staff is usually at an advantage of comprehending how the system works easily because it was designed in accordance to the business practices and language. In turn they have little to adjust on their side.
  • Custom ERP systems are usually flexible in terms of future technological or even business changes. There is always a capacity for incorporating any developing trends.
  • Unlike the offshore system, you get to own the custom ERP system and its design is made specifically to meet your needs. Therefore, you need not to wait for feature requests and enhancements as you are in complete control of the system.

In summary, the basic things you need in hand while planning to adopt custom ERP system is you have to budget for high upfront fees. You will require a team of tech-experts from programmers, quality controllers, database engineers to designers and probably more. Then there is patience needed too, developing software that uniquely fits your business, just like Rome cannot be built in a day. It will require a lot of work which will consume time months or even year.

In addition, you need to be fully aware of the company you have set your eyes on to work with because that would be a tragic decision as well as a blessing even before you start. The expertise, as well as a software development company’s stability, is very essential to check while assessing them. Have they done this before? Do they understand your business needs? Are the type of questions you should have answered before moving forward with them.

Allstate Car Insurance – End Of Your Hunt For Car Insurance

Car Insurance remnants one of the most serious protection nets that an person can use. Yes, insurance must be thought of as a safety net because the economically catastrophic consequence that can derive from an at blunder mishap are considerable. That’s why, when penetrating for car cover for your new car, you ought to pick Allstate car insurance.

Allstate Car Insurance: The Unimaginable

Because of this insurance, it is exceptionally imperative that all drivers have a inclusive insurance policy that maximizes their coverage. Now, some people may be vaguely put off by such a statement because they will automatically assume that complete robotically convert to expensive. This is simply not accurate as there are quite a number of Allstate Car Insurance options available to those who are on a limited budget or simply do not want to overspend when such an expenditure is not necessary.

Work Out for Allstate Car Insurance Company:

In order to find Allstate Car Assurance, you will need to do a little analytical work. That is to say, you will need to shop around a bit and apply for a variety of speech marks. For those not familiar with insurance quotes, what they involve is you fill out an informational form (almost all are available online these days) from a particular insurance provider and then you will receive a dollar figure on a quote relating to your inquiry. Your target is to get the buck price for the best coverage and that’s just what you’ll get with Allstate car insurance.

Be sure, if you are looking for Allstate Car Indemnity you should not admit a low-priced premium that does not offer ample coverage. This would be a completely self-defeating action.

How to Find the Cheapest Auto Insurance Rate

Having difficulty finding a cheap auto insurance rate? Many Americans regret certain things in their past that are now making it hard to them to find a low auto insurance rate. Some of the things that are hkeeping many consumers from getting a low rate are things that may or may not be the consumer’s fault in the first place.

Some of the things that will keep you from getting the best auto insurance rate include a bad driving history (lots of accidents and/or moving violations), a bad credit score, and simply owning a car or truck that is considered relatively risky to insure.

Here are some things that you can do to find the cheapest auto insurance rate available in your area and find the best possible rate that you may qualify for:

1. Compare at least 3 different auto insurance companies offers side by side. You might be surprised at the drastic differences in rates from company to company – often because they evaluate risk quite differently.

2. Take advantage of any discounts that you may qualify for. Good student programs, senior citizen programs, and multiple lines of insurance (usually homeowners insurance and auto insurance) are all examples of programs that can often use to get a lower auto insurance rate.

3. Request online auto insurance quotes from an independent quote shopping service. It is nice that many auto insurance companies are starting to show other companies rates along with their own rates to better educate consumers. One step better than that though is to use an independent quote shopping service that will show you rate quotes from many different auto insurance companies.

Keep in mind that company reputation, customer service, claims handling, coverage area and other important factors all should be a part of your decision and not just price alone. Do your research and get to work saving money on your car insurance now!

How to Find iPod Repair Companies Online

Finding a reliable iPod repair company online isn’t nearly as difficult as you might think it would be, and you’d probably be surprised at how effectively they can repair damages that might seem to be impossible to fix. The cost of repairing your iPod is almost always cheaper than replacing it with a new one, too, which is an added bonus.

It’s not hard to understand why people love their Apple iPods so much: in some cases, users spend years storing hundreds of different media files on the devices, and it can be devastating if the unit gets broken and no longer works. Getting it repaired, rather than going out and buying a new one, is often the option that most people would prefer.

Luckily, you have several different options to choose from when it comes to Internet-based companies that are trained and licensed to provide iPod repair services. In most cases, these companies will request that you ship them your broken iPod and then give you a quote for just how much it will cost to get it working again.

Even if your iPod is badly broken, these companies might be able to not only make it operational again, but also help you retrieve the media files stored on the device. This is often the very best part about getting an iPod repaired for people who are worried about losing all of the multimedia they have discovered over the years.

Of course, in order to prevent this kind of loss, it’s a good idea to create a backup of all of your multimedia on another computer. But if you do have an emergency and need fast iPod repair services, it’s good to know that there are options out there for doing just that.

How to Close a Drill Chuck That’s Stuck Open

Finding Closure

It’s not uncommon for a drill chuck to become a little out-of-whack and, as a result, not completely close. At best, this failure to close can be obnoxious; more often than not, though, it can really clam up your productivity. This is not good. – Keep your drill tight and your mood above water with these few steps that will help you quickly close your whacked-out chuck.

First Things First:

As you know, you will find a chuck screw at the center of an opened drill chuck. This screw is responsible for a large part of keeping your chuck where it’s supposed to be. Like all things with a job to do, though, occasionally these little screws can lose their way. Sometimes, the screw may be lost altogether, but, in either case, it just needs a little direction. Because a loose or missing screw will prevent the chuck from closing entirely, you must tighten or replace the screw. Remember, that this screw is reverse threaded. Thus, to tighten the thing, you must flick that wrist to the left (counter-clockwise) and spin the screw in a counter-clockwise motion. Once the screw is good and tight, the chuck should close and grip as it’s meant to.

Coming Back for Seconds:

If the chuck remains loose or continues to revert to the out-of-whack position after you have tightened the chuck screw, there are a few other factors that might be at play – first, the screw or the screw-hole itself (inside the chuck) may have stripped threads. This would prevent the screw from staying in place which, in turn, prevents the chuck from keeping tight. If the screw threads are stripped, replacing the screw should do the trick. If the screw-hole inside the chuck is stripped, though, you probably need a new chuck.

For one or another reason, the chuck may also be locked or rusted into a loose position – or – the fingers within the chuck may have slipped, slouched or broken preventing the chuck’s jaws from gripping a bit. – In these cases, you pretty much need to either replace the chuck or have the thing professionally inspected.

Now that we’ve reached the end of this tale, I think the moral of the story is, “keep your screws tight (or you’ll end up with a screw loose,” – yes, pun intended). Good luck with your chuck and remember that tight drilling requires a tight drill (chuck).

Find the Right Expert to Repair Your Pipes

Verify who is available in your area offering such services. Many of them are able to handle the challenges of both large and small jobs. They have the expertise and equipment to handle various needs as well as various types of pipe materials. They also have the knowledge to properly assess what is taking place to give you options for the best long-term outcome.

Reputation Matters

Since pipe repair services are often in need, you won’t struggle to find information others have shared. Those reviews from other customers can get you pointed in the right direction. They will share who they hired, what they were happy with, any concerns, cost, and other details. You can get indicators about who you can trust and who you need to avoid hiring for the job.

Once you have some ideas, make some calls and check out their website details. This will share with you where they are located, what they offer, and the types of services they are able to consider for various jobs. Make an appointment for them to come to your location and survey your needs. They can talk to you, look at the pipes, and give you an idea of the process.

Ask Questions

You may not know much at all about pipe repair, but that doesn’t mean you shouldn’t ask questions. Ask them to explain what various techniques entail and why they recommend them. Ask them about warranty information on the labor as well as on the parts they put into place. Some of the options such as CIPP can last for decades as well as increase overall flow.

The provider of pipe repair should be willing to answer your questions in terms that you can understand. If you feel they are pressuring you to hire them or they talk in business lingo, bypass them for another provider. You need someone you can communicate well with and you trust to be in your corner. You don’t want to have regrets when the work is done and it is time to pay.

Timeframe

During the consultation, the pipe repair provider should be able to provide you with an estimate timeframe for the work. This includes when they can fit you into their schedule, the time for the work to be done, and any other concerns. Depending on the project, they may need to order materials so that plays a role in when they can get started.

Cost

The final cost of the work should be broken down for you before you hire them. Obtain the estimate in writing so you know what you can expect. You don’t need any surprises that stress you out financially! The estimate should have a cost for the labor, a cost for materials, and then a total price. If you agree to it and what you believe the provider offers, hire them for pipe repair.

Don’t ignore the problem as it isn’t going to get better on its own. Instead, it is just a matter of time before you have as serious issue on your hands. It will cost far more if you wait than if you get it all in motion to have repairs done early on.

Dental Insurance, What the Insurance Companies Didn’t Tell You

What is dental insurance?


Dental insurance covers the patient against dental costs. It is not uncommon to have a dental insurance or dental plan together with your health insurance. Some employer will offer some form of dental insurance over and above the company medical insurance.

Unlike health insurance that covers diagnosing, treating and curing serious illnesses, dental insurance mostly covers preventive treatment. Dental treatment is highly predictable and very often non-catastrophic. Most dentists will advise patients to have at least one check-up every six months, that kind of preventive treatment is covered by most good dental insurances.

Dental plans very often encourage patients to have regular dental check and promote good dental hygiene, it is in there best interest to offer such plans with the dental insurance.

Do i need dental insurance?


As mentioned, unlike health insurance, dental insurance is very predictable and as such is not always a good candidate for insurance.

For example, most dental insurance will offer $1000.00 cover per year, but the fact is that most patients never require more than $100.00 per year. Self funding might be a better option as it removes the dental insurance overheads.

The employer option

But if something goes wrong then you might need a comprehensive dental insurance cover or access to funds that you might not have.

This is why some employers offer Direct Reimbursement (D.R.), the employer takes a percentage of salary into a dental insurance fund and this covers the employees.

The insurance companies response

To offer cheaper dental insurances than the one offered by employers, insurance companies responded with HMO’s and Preferred Provider Plans (PPO’s). Under those plans the insurance can offer cheaper premiums, but the treatments offered are often very limited. Another problem is that the dentists often increase the waiting lists and limit specialist treatments.

The common options


Although the employer dental insurance is often the better option you need to look at that they actually offer you.

Who will select the dentist?

  • Open Panel, you choose the dentist without any restrictions.
  • Close Panel, you are given a list of dentist to select, they in turn signed an agreement controlling their charges with the dental insurance company.
  • Preferred Provider Organization (PPO), Group of dentist that offer to charge less, if you want someone else, you might need to pay the difference.
  • Exclusive Provider Organization (EPO), Group of dentist that offer to charge a lot less, but then the client cannot go anywhere else, (unless they pay the full price).

As you can see the more you go down the list the more restrictive the options are, typically an Self-Funded Insurers will offer an open panel whereas Dental Service Corporations and Insurance Carriers will offer EPO’s.

How is the dentist compensated?

  • Payment plan, the patient pays a monthly fee to the insurer and in turn the insurer pays the dentists/specialist.
  • Capitation Plans, the dentists charges the insurance company a certain amount per-capita, (per patient), and in turn offer to treat the patient.
  • Direct Reimbursement Plans, the patient pays the full price and the dental insurance plan will reimburse all or some of the money.

The second option is very limiting as some rogue dentists are inclined to offer substandard treatment to maximise their profit. The last option allows you to choose the best treatment plan.

All above can limit the percent value that is actually been repayed and/or cap the yearly value that can be (re-)claimed.

How are the benefits and payments calculated?

  • A list is given of what is covered and for how much, any amounts over are not reimbursed by the dental insurance.
  • The dental insurance offers a maximum amount that can be reimbursed per year, as long as the patient is within that figure the insurance will cover them. This is great for long term treatments, allowing the patient to choose the best value for money and overall treatment for their need.

What ever cover is offered by the dental insurance you must make sure that it has a regular review to ensure that the benefits are fair and reasonable.

Find out more about dental insurance [http://www.insurance-owl.com/other/dental.php]

Stock Market Basics – Three Effective Steps on How to Pick the Right Stocks Like Warren Buffet

Many amateur investors have taken advantage of Warren Buffet’s method on stock picking in order to increase their earnings from stock investment. There are also books that attribute the success of many investors in increasing their profit as a long term investment. His personal views of investment has inspired many analysts to determine the values of a stock – whether it can perform its best within a long period of time. In other words, it is all about value investment in which value investors look for securities with prices that are unjustifiably low based on their intrinsic worth.

When it comes to company investment, he is more focus on how well that a company can make money as a business. This shows that he really understands the company’s nature of business and how does the company gain profit from the business.

Bear in mind that there are several steps that have taken into account in choosing the right stocks such as:

Step 1: The performance of a company

Sometimes return on equity (ROE) is referred to as the “stockholder’s return on investment”. It shows the rate at which shareholders are earning income on their shares. He always focuses at ROE to identify whether or not a company has constantly performed well as compared to other companies in the same field of business.

Step 2: Determining the debt/equity ratio

This particular ratio shows the proportion of equity and debt that the company is using to finance its assets, and the higher the ratio, thus the more debt is financing the company. An excessive debt-level compared to equity can cause volatile earnings and large interest operating cost. He prefers to see a small amount of debt so that earnings growth is being generated from shareholders’ equity as opposed to borrowed money.

Analyze the trends of the profit margins

As a matter a fact, a consistent increase of profit margin of a company improves the profitability of a company. In order to get good indication of historical profit margins, investors should look back at least five years. If the profit margin keeps increasing within a certain period of time, it means the company management has been tremendously efficient at controlling expenses.