In an effort to improve the city's accounting and efficiency, UK's Coventry City Council recently implemented a new enterprise resource planning (ERP) financial system, according to ComputerworldUK.
"Self-service and best practice processes will foster a more commercial culture in the council, whereby finance becomes a business partner rather than an administrator," said Barry Hastie, assistant director of financial management for the Council.
ERP systems can provide accounting benefits to organizations across different industries, from corporations and small businesses to school districts. For companies that are considering the technology, Sage ERP may offer the best solutions.
Power Distributing, an Illinois-based company that sells Red Bull products, recently announced it was investing in Sage ERP X3 to manage its finances and accounting functions. At the same time, xkzero will develop a new mobile sales application specifically for Sage ERP X3, which Power Distributing will use to monitor its pre-sales, route sales and deliveries.
"We have had good success with Sage 500 ERP and the Windows-based Route Sell application to manage our 80 pre-sales and delivery reps," said DJ Romano, president of Power Distributing. "It was clear that the technology platform of X3 as well as Apple's success with mobile devices was the direction for us to go."
Meanwhile, in mid-December, Sage partnered with business software firm myownasp.com, which develops cloud-based accounting and business management applications. Stanley Kania, CEO and president of myownasp.com, said that Sage has made his company their primary hosting provider.
According to Huckstep & Associates owner Jeannie Huckstep, cloud-based accounting solutions can be especially valuable to nonprofits and smaller firms because of their low costs on things like maintenance and administrative duties. In addition, she said these programs can increase business efficiency by eliminating" a lot of hassle and wasted resources."