ABC and ERP: partners at last?
Article Abstract:
The integration of the activity-based costing and management (ABC/ABM) methodology into the popular enterprise resource planning (ERP) systems can help boost the acceptability of ABC/ABM to executive decisionmakers. ERP vendors such as SAP AG, PeopleSoft Inc and Oracle Corp have decided to enter the ABC market through equity investment in or partnerships with ABC developers. This union validates ABC/ABM as an effective cost measurement approach, providing management accountants and financial managers who have been advocating it a greater strategic value to senior executives. Moreover, this development facilitates the combination of analytic ABC/ABM applications and operational ABC/ABM, enabling management accountants and financial managers to act as proactive business strategists.
Publication Name: Management Accounting (USA)
Subject: Business, general
ISSN: 0025-1690
Year: 1998
User Contributions:
Comment about this article or add new information about this topic:
ABM at Lawson: putting the technology to work
Article Abstract:
Minneapolis, MN-based Lawson Software implemented activity-based management throughout the organization as part of a business process reengineering program. ABM and activity-based costing components were integrated with the company's proprietary software called LAWSON INSIGHT Business Management System. Lawson commissioned Arthur Andersen LLP to provide the expertise in ABM planning and implementation. A cross-functional team consisting of both Lawson and Arthur Andersen staff was assembled to set a timeline and design the project. The ABM initiative required the team to understand the critical business issues, collect information and change business processes to achieve its objectives. Lawson is optimistic about the results of the pilot project.
Publication Name: Management Accounting (USA)
Subject: Business, general
ISSN: 0025-1690
Year: 1998
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Great Plains helps Protection One, Inc. make its customers secure. CA-Accpac/2000
- Abstracts: Constructing an empirically derived measure for customer contact. Time versus market orientation in product concept development: empirically-based theory generation
- Abstracts: Market segmentation strategies and service sector productivity. Developing global strategies for service businesses
- Abstracts: The business owner ... ideas to increase and protect your wealth. part 2 How to protect purchases, deposits, and progress payments
- Abstracts: Succession planning isn't just about money. When customers are bad apples. A secret about secrecy