Enterprise Resource Planning or ERP Software Concept Developed
With the vast majority of JD Edwards' customers in the medium sized area, clients did not have the luxury of gigantic accounting software implementations. There was a basic business need for all accounting to be tightly integrated. As McVaney would explain in 2002, integrated systems were created precisely because "you can’t go into a moderate-sized company and just put in a payroll. You have to put in a payroll and job cost, general ledger, inventory, fixed assets and the whole thing. SAP had the same advantage that JD Edwards had because we were working on smaller companies, we were forced to see the whole broad picture." It was this requirement for both JDE clients in the USA and Europe as well as competitor SAP, whose typical clients were much smaller than the American fortune 500 firms. McVaney and his company, along with their European competitors developed what would be called ERP software in response to that business requirement.
Read more about this topic: C. Edward Mc Vaney
Famous quotes containing the words enterprise, resource, planning, concept and/or developed:
“In enterprise of martial kind, When there was any fighting,
He led his regiment from behind— He found it less exciting.”
—Sir William Schwenck Gilbert (1836–1911)
“The waste of plenty is the resource of scarcity.”
—Thomas Love Peacock (1785–1866)
“My consciousness-raising group is still going on. Every Monday night it meets, somewhere in Greenwich Village, and it drinks a lot of red wine and eats a lot of cheese. A friend of mine who is in it tells me that at the last meeting, each of the women took her turn to explain, in considerable detail, what she was planning to stuff her Thanksgiving turkey with. I no longer go to the group.”
—Nora Ephron (b. 1941)
“The latest creed that has to be believed
And entered in our childish catechism
Is that the All’s a concept self-conceived,
Which is no more than good old Pantheism.”
—Robert Frost (1874–1963)
“All parties attempt to represent important things that have developed outside themselves as unimportant, and where they fail in this they assail those things all the more bitterly the more admirable they are.”
—Friedrich Nietzsche (1844–1900)