Attention CFOs The problem that many traditional ERP’s have is that they follow a rigid structure when setting up the chart of accounts. From a definition standpoint, a segmented General Ledger (GL) is one in which the chart of accounts is a single, concatenated string that consists of various segments that capture specific information. [...]
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So far Michael Cloutman has created 11 blog entries.
Privileged to be recognised as Enterprise Partner of the Year for achievements in FY18 South Africa, 10 January 2019 - SynergERP, providers of Enterprise Management software, today announced they have been recognised as a winner of the Sage CEO Circle award program 2018. The program is designed to reward and recognise the outstanding performance of [...]
Change lives through technology and be part of the SynergERP success story by honing your skills in the SynergERP CA Training Programme. As a trainee, you’re encouraged to work smarter, not harder. SynergERP is an accredited training office with the South African Institute of Chartered Accountants (SAICA). Our goal is to offer a solid foundation [...]
The government’s Making Tax Digital (MTD) initiative is a rapidly dawning reality across the UK. It has led to some elevated stress levels among many accountants and business owners, given the looming 2020 deadline for businesses to embrace and adopt MTD-enabled business software for the submission of Digital VAT Returns. Whilst there’s an element of [...]
At SynergERP, our purpose is to change lives through technology, we live in a world where anything is possible because of it. Our goal as an organisation is to empower businesses by building solutions that achieve operational efficiency in all areas of a business, from operations to human capital management on a global scale. [...]
Businesses implement ERP software to improve internal business processes and overall business performance. But choosing the wrong ERP partner can quickly unravel all your plans. There are many stories of ERP flops such as customer accounts that aren’t migrated correctly, data that’s not imported accurately or overloading the system with too much configuration. The [...]
The Fourth Industrial Revolution is set to change the production industry. Technologies are transcending computer capabilities and making it possible to solve previously unattainable challenges, unlocking human potential by curbing time-consuming admin and creating an inclusive realm where employees, customers and countries benefit from these technologies despite the stage of development of each aspect. The [...]
The “people” side of things tend to be forgotten when it comes to implementing new software. Yet, it’s the end users who will make or break the project. Change management efforts often fail during these implementations not because organisations don’t realise its importance, but because they go about it the wrong way. According to Technology [...]
Too many South African businesses have been apathetic about cybersecurity for too long and recent events should serve as a loud wake-up call. A string of data breaches over the past few months has resulted in the personal information of thousands of individuals being exposed. Businesses must ensure that they have taken every precaution [...]
A new ERP system is one of the most critical and transformative investments that a business can make. The effect on productivity and efficiency can be enormous as it adds value across all sectors of the company. Fully equipped, modern ERP software delivers cutting-edge functionality to introduce a business of any size or complexity to [...]