9 Business Technology Acronyms You Need To Know
If you’re on the hunt for a new ERP system
ERP - Enterprise Resource Planning Starting out with the basics, your Enterprise Resource Planning System is your tool for success. Your ERP should be your one-stop-shop for all your operational data and insights.
VAR - Value Added Reseller Hudson River Computing is your Value Added Reseller! We work hard to ensure we sell and implement the most successful solutions. Before, during, and long after implementation, we partner with you to make sure you are getting the most value out of your ERP solution.
SCM - Supply Chain Management From development to delivery, your Supply Chain Management solution should do it all. Keep track of every step along the way and use your solution (often integrated with your ERP) to make educated and efficient improvements.
CRM - Customer Relationship Management Analyze all your customer data with a customer relationship management system. Often integrated into your ERP solution, CRM keeps track of your customer interactions so you can analyze on a larger scale.
AI - Artificial Intelligence A rapidly growing term, artificial intelligence uses the intelligence of computers and machines to automate procedures and provide you with intelligent options to work more efficiently.
SAAS - Software as a Service A software licensing and delivery model for business technology hosted on the web. When your data is hosted on the cloud, you gain the ability to access your data anywhere at anytime.
ROI - Return on Investment You will undoubtedly be investing a lot of time and money into your new ERP system. Trust us to ensure you get the greatest return on your investment.
KPI - Key Performance Indicators These metrics are used to determine the success of your current efforts toward a specific goal. An ERP, like Acumatica, will provide your team with dashboards that visually display your KPI’s.
SMB - Small & Medium Businesses What you need from an ERP system may be based off the size of your company. Acumatica is highly experienced in providing the tools SMB’s need for success in an ERP.
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Head over to our Business Technology Acronyms Glossary!
Hudson River Computing is an experienced ERP reseller focused on improving operations of mid-range businesses. We are a proud Gold Certified Partner of Acumatica ERP.
Established in 1993, we’ve been helping businesses from Western NY, to the Capital District, to Western Massachusetts grow their success through the use of connected business technology.
Interested in working with us for your next ERP implementation?