Tuesday, April 7, 2020

Pros and Cons Erp Essay Example

Pros and Cons Erp Paper Akhilesh Nair Deepesh Chatterjee Mithun Vishnu Nikhil Kumar OPEN SOURCE ERP PROS and CONS Contents Introduction3 Commercial and Open Source ERP Software6 Open Source ERP Solution Pros8 Open Source ERP Solution Cons10 Open Source ERP Success Story11 Company Overview11 Issue At Hand11 The Solution11 Results12 The Bottom Line12 Top Open Source ERP Applications to Look Out for13 ?Goodness of Open Source ERP Packages13 ?Open Source ERP Packages13 ?Java-Based Open Source Finance Apps13 ?Latest Developments13 ?GnuCash: The Ultimate Free Open Source Accounting Software14 Introduction Open source ERP is an enterprise resource planning (ERP) software system whose  source code  is made publicly available. The  open source  model allows companies to access the ERP systems code and customize it using their own IT department instead of paying extra for vendor customization services and licensing, as is typically the case with closed source programs. Open source ERP can be particularly attractive to small to mid-sized businesses (SMBs) that want to upgrade or customize their ERP systems without paying large licensing and support fees. Open source brings an alternative which addresses many of the key problems of both custom and commercial enterprise software. It begins by offering the user a freely available code base as a starting point. The user can try it for free to see if it meets his needs. There is no risk of upfront licensing fees for software that may not work. If no modifications are required, open source software can be implemented with the same rapid time-to-market as commercial packages. We will write a custom essay sample on Pros and Cons Erp specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Pros and Cons Erp specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Pros and Cons Erp specifically for you FOR ONLY $16.38 $13.9/page Hire Writer If customizations are required, the user has a head start with an existing code base. Furthermore, he can leverage the expertise of both in-house and open source community developers. An open source project brings with it the domain knowledge and business requirements of many contributing organizations, significantly reducing the specification risk typical of custom software. Open source communities also offer user-developers collaborative help in developing and debugging of his software. The net result is better software in less time. Longer term, open source offers the user the control of custom software and the external resources previously available only with commercial software. With the source code in hand, the user can decide on future support and upgrades. There is no one to discontinue the software for him. At the same time, because the software shares the common roots with open source, he can obtain support and upgrades from the open source community or purchase professional-quality support from a range of vendors in the community. Thus, the risks of becoming stranded due to the loss of vendor support or key employees are significantly reduced with open source. Selection of ERP system Ease/Speed  of  Implementation There exist a sentiment that implementation takes too long. It is hard to state whether proprietary or open source ERP systems are faster and easier to implement. On one hand, open source solutions are, in general, believed to be less user-friendly. On the other hand, ERP vendors (or their partners) implement proprietary ERPs, so there is no clear need for them to make ERP systems easy to install. However, it can be stated that if the ERP system is easier to implement then it would be possible for the ERP vendor to sell more licenses, since it can be assumed that there is a lack of  implementing consultants. Moreover, ease and speed of implementation does not depend only on the graphical user interface and number of settings one needs to select from but  mainly on the amount of required customizations. Further development does not depend only programmer’s speed of writing code but also on requirements collection, their analysis and correct understanding Price Unless the company has the capabilities to implement an open source ERP system and program all the necessary customizations, open source ERP is not really for free. Consultants for open source ERP systems may charge significantly more than e. g. consultants for MS EPR systems, since there are rather only a few of them. On the other hand, an open source ERP system can be a perfect solution for a starting company, which has no established business processes – the company can adapt to the system, i. e. it does not require customization, so consultants need to be hired only to install the system. Another advantage is that an open source ERP system can be adjusted directly to the intended business processes in case at least one of the employees has a good  computer science background Vendor  Support Though this criterion seems to be more important for proprietary ERP systems, since it is customers of proprietary ERP systems, who are locked in with the vendors but on the other hand, they have security that the support exists. In the open source world, this criterion can be interpreted as having a large enough community, which could support the organization implementing a particular open source ERP system. Reliability Vendors providing proprietary ERP systems try to achieve as high reliability as possible but community using an open source ERP system might be able to find errors faster, since it is larger in numbers and each of them tries to make sense of code. While in proprietary ERP system vendor organization, it is always the same people looking into the code, so it is much harder for them to spot a mistake, especially in the code, which was written by them. Ease  of  Use It is unclear whether proprietary or open source ERP systems are easier to use. On one hand, ERP system vendors try to achieve competitive advantage providing ERP systems that are easier to use. On the other hand, open source solutions are, in general, believed to be less user-friendly [51, 52]. But the community of users (with programming skills) is likely to improve the system to the level that is more-or-less acceptable for most of the users. Customization Proprietary ERP systems are often programmed in vendor-specific languages. Companies can be sure that vendors (or their partners) will customize and set up their ERP systems. But it also means that they are locked to the vendor (or its partners). Since open source ERP systems are programmed in widely known programming languages, there is a greater pool of potential programmers, who can do it. Openness of code is not a domain of OSS ERPs anymore. E. g. MS Dynamics AX allows users to change a significant percentage of the code. Integration Customers are often searching for means of integration of their systems/data. Many proprietary ERP systems inherently allow for usage of data warehouses. It is possible that there fewer proprietary than open source ERP systems, which allow for communication to other systems through API. On the other hand, this communication can be solved even by less standard means (through customization). Organizational  Fit Existing ERP systems try to focus on business processes, however it can be suggested that they do not explicitly describe the business processes that are supported. Besides that, ERP systems are not easily adjustable to changes in business processes. Unfortunately, it seems that this is a problem of both open source and proprietary ERP systems. Flexibility Flexibility is required because of rapidly changing environment, which is likely to lead to new business models, which need to be supported without disturbing the end-users and on-going business. This requires an ERP system to have a robust architecture, which would allow for these requirements. Many existing proprietary ERP systems arose from MRP systems through small iterations. So systems, which were created more recently and do not carry this burden, are more likely to be more flexible, which could be the case ith open source ERP systems. Training First, it can be said that the amount of training required depends on the ERP systems  Ã¢â‚¬â€œhow self-explanatory it is and how many functions it offers. Secondly, users of  proprietary ERP systems are more-or-less dependent on the vendor or partner’s related to the specific ERP system. On  the other hand, users of open source ERP  systems may have a hard time to find a consultancy company offering training for a particular system. Latest  Technologies There is no reason why proprietary ERP systems should be better in using latest technology but it is mostly vendors of proprietary ERP systems, who claim that their competitive advance (over other (regardless whether open source or proprietary) ERP systems) is usage of latest technology. Proprietary vendors may promote them more but similar solutions may exist  in the open source world. OpenERP is a full suite of business software, including the following modules: Accounting: Record your operations in a few clicks and manage all your financial activities in one place. Application Builder:   The OpenERP application builder lets you customize every module of OpenERP directly from the web interface without any development required. CRM: Track leads and opportunities customized your sales cycle, controls statistics and forecasts and marketing campaign automation to improve your sales performance. Human Resources:   The module is for personnel information management, leave, time tracking, attendance‚ expenses, payroll, periodic evaluations and recruitment. Invoicing:  Create and supervise your entire supplier and customer invoices. Manufacturing:  Plan and control your supply chain through different applications in the Manufacturing module. Marketing:  Marketing campaigns can help you automate email and email sending, qualify leads and encourage customers to contact the right department. Point of Sale:  The OpenERP touch screen point of sale allows you to manage your shop sales. Its fully web-based so you dont need to install or deploy any software. Project Management: Keep track and manage your projects using tasks for short term project execution or plan phases for long term planning. Purchase:  Create and track your purchase orders, manage your suppliers info, control your products reception process and check suppliers invoices. Warehouse Management:  An inventory management system to easily manage complex needs: tracking stocks of suppliers/customers, full traceability, accounting links, and more. OpenERP supports multi-warehouse management based on hierarchical location structure. Because OpenERP is open source and backed by a large community, you can take advantage of more than 700 OpenERP modules on the  OpenERP Apps website. These applications extend functionality of the ERP software and provide more business apps for things like manufacturing, localization, project management and more. The other benefit to users is that you do not need to use all the business apps. You can choose only the modules that you need for your business from the suite (e. g. just CRM or CRM and invoicing). This keeps your OpenERP tidy and less overwhelming if you do not need all the business apps. You can add additional modules (at no cost) as you need them. Architecture Compiere and ERP5 are two of the top notch open source ERP systems that are widely accepted and implemented. The architecture of an Open Source ERP can be explained using the structured architectural design of compere and a comparison with ERP5. ERP5 offers powerful ERP solution for small businesses. ERP5 was originally developed as apparel industry solution for an organization with more than 300 employees on 5 internationally distributed sites. The special requirements of the apparel industry are mass customization of products and hence the need for handling unstructured and multimedia data. Mass customization means that many variants of a product are possible. The original modules are now generalized as business templates. It has the exact features that include customer relationship management (CRM), production management (MRP), supply chain management (SCM), product design management (PDM), accounting, human resources and e-commerce. For the small businesses, ERP5 has an Express edition which integrates ERP, CRM and KM funtionality. ERP5 uses the open source Python based ZOPE (Z Object Publishing Environment) application server and content management framework as its foundation. The web based Zope Management Interface is used as IDE for developing ERP5 modules. The application server also supports multiple languages, provides a security model, object persistence, and remote object access trough HTTP, XML-RPC and SOAP. ERP5 uses, extends or provides 5 important Zope components: Page Templates implement the web user interface and presentation logic. Workflows are used for the development of various types of decision workflows ERP5Form49 is used for web form development. XMLObjects add synchronization capabilities and autonomous activity (timed, pre- and postcondition triggers) to ERP5- Zope objects. The synchronization of distributed sites is carried out through XML export and import and also supports unreliable communication channels, which are allowed to fail. The duplication of reporting data to a relational database allows simple SQL querying. Compiere is uniquely designed to avoid the duplication of information and the need for synchronization. The design of Compiere allows customization of the application done easily. Modules in compiere include CRM, Quote to Cash, Requisition-to-Pay, Partner Relations Management, Warehouse, Supply Chain Management, Performance Analysis, Double-entry Book-keeping, Work-flow-Management and Web Store. Compieres architecture uses a fat Java Client (Java Webstart). The accounting engine is on the application server (JBOSS J2EE container). Thin Web clients are used for web store and some CRM functionality. There is also a beta thin client serving all forms, but it needs further work to be equivalent to the fat client. The used application server supports clustering. No cluster installation is documented. Emails can be sent and files can be attached to documents. Compiere has a built-in reporting engine. A Sourceforge side project provides Jasper Report77 integration. CSV export and import of data is provided by the commercially available migration tool. Other interfaces can be developed in Java using the briefly (Javadoc) documented APIs (application programming interfaces). The database abstraction layer is SQL-centric which was initially developed for Oracle. Commercial and Open Source ERP Software Pricing: Most open source software is freely distributed with no up-front licensing fees. Further savings come from ease of deployment, training and integration. Companies that implement open source ERP solutions often report a 50% savings over proprietary systems. With free systematic  open source ERP training methodology like SOSE! Site you can own your software for no cost. Commercial ERP is an expensive package and suitable only for bigger corporations. The prices do vary significantly but according to the size of the company and volume of business. In any cases they have been found to be extremely costly irrespective of the quantum in which they are purchased. These packages are not subject to flexibility and molding. Their usage modalities are rarely liberal and cause troubles when they are modified. Hence the deployments also turn out to be costly and inconvenient due to the procedures involved, in the future. Another major allegation against the package is that they consist of lot of  hidden costs. Flexibility: When you compare commercial and open source ERP, commercial systems are not flexible in nature. They let business with no other choice but to change their way of business. However when it comes to open source ERP everything was decided by the code . Therefore companies can do the necessary modifications in code and without much support from the vendor. Another advantage of open source is that it does not interfere with the regular schedule of the company during the implementation stage. This is a major difference between commercial and open source ERP applications. You should use business software for your needs, you should not change the way of your business to fit into software needs. Duration:- When you study commercial and open source ERP,The time allotted for implementing open source ERP is very less when compared with commercial ERP. The innumerable number of complexions in commercial ERP calls for longer time span. It consumes a lot of time not only during implementation but in every stage of ERP process due to the nature of work involved. With use of SITE  ERP implementation methodology  you can reduce time required for open source ERP to the minimum. Dependence: When it comes to the question of relying on the vendor the open source ERP owners enjoys a considerable edge than the commercial ERP. Since open source are license free users having full freedom for taking care of needs by themselves. The productivity is also high in open source ERP systems and the failure rates are very low. Results: Success rate of open source ERP are considerably more compare to proprietary ERP software’s. Read  open source ERP success stories  for more details. Training: Lots of training is required for using commercial ERP. It calls for lots of investments in terms of time and money. If they dont give the necessary impetus the results will be poor. Similarly validity of training sessions designed and handled exclusively by the ERP vendor is also debatable. On the other hand Open Source ERP does not require much training. The results are also bound to be effective because the user gets to learn through the process of self training. The company need not spend much on training and makes a minimal utilization of the resources. This is another way of reducing the level of dependence on the ERP vendor. You can get free  online ERP training  with SOSE!. Security: On comparing commercial and open source ERP applications, Commercial ERP systems are less secure. They are by and large prone to the traps and pitfalls of hackers. Even though open source ERP makes everything transparent and available in the public domain it bring into the notice of user whenever something goes wrong. Visibility: Few end users change the underlying code of an open source application. But when the need arises, open source provides access to the code to make changes to suit each distributor’s unique business needs. Open source customers enjoy a refreshing level of transparency from their vendors around activities such as bug reporting and fixing and road map planning. Longevity: Virtually any ERP solution will work well when initially deployed, but time is the true test of every ERP solution and vendor. Unforeseen opportunities will likely drive changes to a business’ objectives and necessitate changes to its ERP solution. Independently, a vendor’s commitment to supporting a solution could change over time. An open source solution with a flexible foundation addresses today’s needs and safeguards the solution’s future. Because the user has the source code, a solution can never be bought or merged out of existence, meaning the investment lasts as long as needed. Independent services for  ERP implementation support  is also available for free with open source ERP. | Conclusion: Functionality is the top consideration when reviewing ERP solutions, but it should be closely linked with evaluating open source and proprietary options. The demonstrable benefits of open source products reach deep into a company’s infrastructure. You can evaluate and  select business ERP software  which give functionality you need. The differences between  commercial and open source ERP  show the Edge enjoyed by open source ERP players. And independent free ERP trainer likes SOSE! Will help open source ERP to reach people. Open Source ERP Solution Pros * Negligible Investment and Maintenance Costs Open source ERP solutions hold a big pro in the fact that there are no huge un-front licensing fees, pre-sales cost associated with them, thus, the initial cost of an Open Source ERP solution is usually far less than a comparable proprietary program. There’s minimal dependency on the ERP vendor in most cases. In a study done by Meta Group, where it surveyed 63 companies – including small, medium and large enterprises in a range of industries – it was found that the average cost of implementation of ERP was $15 million, with the highest as $300 million and lowest as $400,000. Commercial ERP also has pre-sales cost associated with them. * Widely customizable Open Source ERP solutions are highly customizable allowing for companies to mold them to meet specific business process requirements. It is possible because it comes with two versions of code; the compiled version and the un-compiled version. There are a few reasons to do customizations, which are; functionality needed for core competencies, your front or back office systems require the customizations, you want more or less fields, or you have regulatory requirements that require the customization. So, if you need customizations, then by all means you must have them with a clear eye on the whos who of the support of customizations and financials needed. But, commercial ERP does not provide an easy and inexpensive customization of the ERP software to fit the business model changes whatsoever. Flexibility Open source ERP gives lots of freedom like free redistribution, freedom to access and modify the source code and freedom for the end user to use it for any purpose they wish to. GPL licensing of Open Source Software enables developer community to rapidly contribute to the software development and enhance features. * Total Cost of Ownership TCO of Open Source ERP solution may be less given the option of virtually free ope rating systems (Linux)and databases (MySQL) and potentially lower maintenance fees. Independent Integrations Open Source ERP solutions typically have a wide range of integration formats so that they are employable well with other software components. * Ease of Training Open source ERP packages come with complete licenses, comprehensive documentation and user manuals, helping the users to learn and understand their usage. No special trainings or consultants may be hired. * Ease with implementation The implementation can also be carried out separately without disturbing the regular operation of the business. Also, with open source ERP, the customers can do any sort of experimentations even while in production without losing the base or 100% availability. * Shorter implementation timings -The open source ERP packages require considerably shorter implementation time, which is another big positive aspect whereas in case of commercial ERPs , even six months are considered to be short period for implementation * Reduced or no Dependency on ERP Vendor As the open source ERP packages have proper documentation and user manuals, there is no or reduced dependency on ERP vendor to come and fix the issue. A good programmer can handle the issue in considerably less time. * High Accuracy and Quality The productivity and accuracy is high in the case of open source ERP systems. Also, the failure rates are often discovered to be on the lower side in comparison to commercial ERP packages. All open software has strong user community which is also very responsive and very knowledgeable. * Open source testing The open source users in the process of development are able to thoroughly test and 99% of the bugs are reported and highly secure. Except a very few, most of the commercial ERP systems are tested to a decent extent, but still are many security flaws, traps, pitfalls and loop holes, which can be easily harnessed by the hackers. * Handling security With the ever evolving nature of technology, security has become a problem of the past. And, there are many open source security applications on the market today which can be easily used with open-source ERP, which include; Nessus, Snort, Nagios, SpamAssassin, ClamAV, Open SSL, OpenSSH, Nmap, Ossec HIDS, and Wireshark. Open Source ERP Solution Cons * Risk of over-customization Delivering customized codes could prove troublesome for some organizations just in case you get into over-done customization and you can’t get out of it. Too many customizations can be a definite issue. * Difficulty in finding implementation and support resources Open Source ERP solutions also calls for the best and finest programmers of open source  ERP solutions on the code. This may be difficult and may cause higher support costs at times. Compatibility Issues with Proprietary Packages Some of the open source ERP packages are incompatible with the proprietary products of certain corporations like Microsoft, Oracle, or IBM etc (sometime due to variation in platform used for implementation). * Lack of Dedicated Support from a Specific Vendor Despite all of the benefits of open source ERP packages, the fear of the failure of open source ERP package during crucial stages of a project is considerable driving forces for commercial ERPs where vendors provide dedicate support in lieu of big bucks on licensing costs. Unstructured approach to issue resolution There are no proper defined product roadmaps and time line as most of the enhancements and bug fixes are done by freelancers and independent consulting companies and developers based on their requirements. * Devoid of feature- richness Proprietary software are feature-lade and have more features that are not found in the case of open source ERP packages mostly and may be cited helpful by commercial ERP vendors as a tool of ease and productivity. Open Source ERP Success Story Open source ERP has had its own share of successful implementations. There is no better argument for the use of an ERP solution than a testimonial by and organization which has used the system and reaped benefits from what the software has to offer. Let us take a look at a successful implementation that happened at a Danish pharmaceutical firm named Pharma Nord. The implementation was done by a firm by the name Compiere Company Overview Denmark-based Pharma Nord is one of Europe’s largest manufacturers of preventive dietary supplements and herbal remedies. The 500-person company, founded in 1981, develops, manufactures and markets scientifically well-founded dietary supplements, herbal remedies and medical drugs with optimal bio-availability. Pharma Nord’s products are available in 50 countries throughout Europe, Asia and North America. Issue At Hand Due to market success with its initial line of dietary supplements, Pharma Nord was continually expanding its product line and markets served. Growth in the regulated pharmaceutical industry, however, requires precise inventory management to address business and regulatory complexity. Pharma Nord’s ERP solution requirements extended well beyond the standard set of distribution and accounting functionality that performs at a global scale. They viewed the selection of an ERP solution as having a 15-20 year life. For a solution to succeed for more than 15 years, product licensing, ease of customization and confidence in the vendor were as important as out-of-the-box functionality The Solution Pharma Nord uses Compiere to manage its sales orders, invoicing, cash collections, purchasing and accounting for its sales subsidiaries and also to manage receipts and shipments in its warehouses. Pharma Nord liked what they saw in the earliest versions of Compiere in 2001. Using knowledge gained at a Compiere training class, Jacob Pedersen, Compiere Project Manager, completed an initial Compiere deployment in early 2002 focused on a single subsidiary. â€Å"We did it on the basis that we would probably find things that need to change along the way. And we have. It’s been with us, it’s been upgraded and we’ve changed quite a few things. We’ve been able to migrate to new versions of Compiere all the way from 2002 and now we’re here at 2008. I find that quite impressive. Before selecting an ERP solution, Pharma Nord assessed a number of offerings, notably Compiere and Navision. Midway through the evaluation, Navision was acquired by Microsoft. A few months later, the Linux version of Navision was discontinued. These events were eyeopening for Pharma Nord’s information technology and executive teams. The result was an even stronger requi rement for the kind of open source licensing offered by Compiere to ensure Pharma Nord’s long-term ERP success. Services from the Compiere Partner Network and Compiere helped Pharma Nord succeed. For example, the 2001 version of Compiere lacked support for tracking lot/batch numbers and expiry dates—essential functionality for the pharmaceutical industry. Pharma Nord’s sponsorship accelerated the development of this general use functionality. â€Å"We wrote the specification of exactly what the software should be able to do and it was developed by the Compiere team. † Pedersen Results Seven years after initial deployment, Pharma Nord is still going strong with Compiere. Their database has grown over the years as they’ve added business partners, products and transactions. Having transaction history available for analysis and reporting is a nice benefit from using a single product continuously over time. â€Å"What’s great about Compiere is that everything is stored at the most detailed level,† explained Pedersen. â€Å"So whenever you need to do reporting, you have a number of dimensions to work with. You can combine each product, different sizes, and different countries. All of those will be dimensions. Since you can report and group on these dimensions, you can get the answer you’re looking for by grouping and merging these data afterwards. With its sales and distribution operations productive with Compiere, Pedersen is looking toward the future: â€Å"Pharma Nord is also a manufacturing company. We manufacture all of our products ourselves. We know that Compiere is also working on manufacturing capabilities. † The Bottom Line Several unbelievably productive, efficient and highly secure open source ERP packages are not y et well recognized in the market, most of the customers are still prepared to shell out big bucks on custom commercial ERP packages. This might be due to the credibility that the big ERP producing organizations like SAP and Oracle. In times that are proving increasingly tough for organizations the world over; organizations are taking measures to tighten their operations and keeping stock of each and every penny that is spent; open source ERP packages provide a very robust and cost effective alternative for midsize companies who might not have a big budget allocated to cover their IT requirements. Even the large corporations can cut maintenance costs by making use of these brilliant packages. However, lack of support from a particular vendor is something that the open source ERP packages badly lack, and compatibility issues with other custom third party apps are one of their biggest turn-offs. Open source ERP scores higher than commercial ERP on many aspects. Yet, commercial ERP still have major share in ERP markets. This is because open source products are quite new and people are a bit conservative about choosing ERP software, because if implemented ERP software does not work, then there is serious business trouble. The first adopters of open source ERP were in Latin America, Europe, and Asian countries because of economic reasons. Now, open source ERP is gaining popularity even in US markets and one day, it will be able to challenge the domination of commercial ERP in ERP markets of USA Top Open Source ERP Applications to Look Out for The finance applications, especially the custom ERPs, can be extremely costly and burn big holes in the pockets of business owners, and as such the demand for open source apps in the field of finance has been increasing dramatically. So, let us take a look at the top open source finance applications * Goodness of Open Source ERP Packages Not only do the open source finance packages come totally free of cost, but they are also not dependant on a particular platform. However, the proprietary programs work well on only specific platforms, as theyre designed only for specific needs. As such, even after paying a lot of money on licenses, the proprietary financial packages don’t allow you to work with all platforms and require additional licenses based upon the number of machines on which, the software is used. On the contrary, the open source packages can be used on as many systems as needed, and they work well on all open source platforms like FreeBSD, UNIX, Linux, Solaris etc. * Open Source ERP Packages To cater to the needs of small business owners, countless open source finance packages were developed, such as Adempiere (an ERP Business Suite), GnuCash (a double-entry book-keeping system), ERP5 (a Zope/Python based ERP solution), and the likes of them. Turning the focus towards other popular open source ERP (Enterprise Resource Planning) packages, Compiere, an ERP solution that automates processes like accounting, managing sales orders, inventory, and supply chain is also quite popular, while packages like Grisbi, a single-entry and KMyMoney a double-entry book-keeping program, have also gained significant levels of popularity. * FriFinans is yet another impressive open source finance application that offers facilities like taking orders, generating invoices, ordering products and doing a lot more. It is still under final stages of development, and isn’t tested completely yet, but even at this stage it looks quite promising. * Java-Based Open Source Finance Apps jFin, JGnash (double-entry book-keeping), JQuantLib (Quantitative Finance API framework), and JStock (stock market software) are some of the popular Java-based open source finance packages that have become extremely popular these days. * Latest Developments Looking at the latest developments,  n21 eBusiness Suite, a web-based ERP/CRM package is quite a powerful open source finance package that has emerged in the market, while  Mifos  Ã¢â‚¬â€ Microfinance Institution management software, Openbravo, and OpenERP have also been recently developed and gained high popularity soon enough. TurboCASH  is a popular double-entry book-keeping for Windows environment, while  GnuCash  is a treat for Linux/Unix/FreeBSD lovers. HomeBank  is an open source application for personal use, and  Marketceterais an open source trading platform for those whore interested in stock trading, but dont want to spend any money on using paid tools. Note:  All Linux financial tools are not necessarily free there are some proprietary packages that require licenses, and dont come under the GNU/GPL free distribution license, but majority of Linux/UNIX based finance packages are totally free for personal and commercial usage. GnuCash: The Ultimate Free Open Source Accounting Software Primarily coded in C,  GnuCash  is a free open source accounting software, and happens to be a part of the GNU Project. It runs on platforms such as OpenBSD, Solaris, UNIX, Linux, Mac OS X, FreeBSD, and the likes of them. Looking at the features of GnuCash, you’ll discover that the package allows you to perform double-entry bookkeeping, maintenance of Stock/Mutual Fund Portfolios, Scheduled Transactions, and Mortgage and Loan Repa yment Druid. It also offers support to HBCI and Multi-Currency Transaction Handling. GnuCash also comes with Transaction-Import Matching Support, OFX, QIF Import facilities, Small Business Accounting Features and even Multi-User SQL Support, making it an extensive open source finance application. What’s more, GnuCash can also export data to TXF format and can be used in tandem with the tax preparation programs with great ease. You can virtually perform all kinds of finance related tasks with the help of GnuCash.

Monday, March 9, 2020

Free Essays on Virgil And Dante

DANTE'S VIRGIL: A LIGHT THAT FAILED In memory of J. Arthur Hanson No linked pair of poets has, over the centuries, been considered as so significantly related a pair of poet-prophets as Dante and Virgil. Not only does each of them present himself in the role of the vates or prophet, but their works contain solemn moments of explicitly prophetic utterance, promising us that we shall behold a novam progeniem of one sort or another. It further seems clear that Dante's presentation of himself as prophetic poet is at least importantly joined with his sense of Virgil's own assumption of that role. Among the past generation of Dante's readers it has become increasingly germane to place his role as poet into relation with his self-presentation as Judeo-Christian prophet. The  «Italian school », in which the most significant name in our century is probably that of Bruno Nardi, and the  «scuola arnericana », led by Charles Singleton, have in common, for all their many desperate differences, an awareness of Dante's appropriations of the vestments of such as David, Jeremiah, Isaiah, John the Baptist, St. Paul, and of John's vision on Patmos. Surely no one who reads even cursorily in the dantology is innocent of the notion of  «Dante theologus-poeta ». Whether or not this putative reader admires or rejects a theological formulation of the Comedy's essential stance, all can see that the second half of our century has seen the direction of Dante studies move away from aestheticism and toward theology. The questions which such a perception of Dante's theological purposes in his poem necessarily enjoin most dramatically concern Virgil. Just as we should never forget to be amazed at Dante's choice of Virgil as guide and master in this vigorously Christian poem, neither should we cease to be pestered by associated doubts: How can the prophetic enterprise of Virgil be assimilated to the specifically Christian purposes of the Comedy?... Free Essays on Virgil And Dante Free Essays on Virgil And Dante DANTE'S VIRGIL: A LIGHT THAT FAILED In memory of J. Arthur Hanson No linked pair of poets has, over the centuries, been considered as so significantly related a pair of poet-prophets as Dante and Virgil. Not only does each of them present himself in the role of the vates or prophet, but their works contain solemn moments of explicitly prophetic utterance, promising us that we shall behold a novam progeniem of one sort or another. It further seems clear that Dante's presentation of himself as prophetic poet is at least importantly joined with his sense of Virgil's own assumption of that role. Among the past generation of Dante's readers it has become increasingly germane to place his role as poet into relation with his self-presentation as Judeo-Christian prophet. The  «Italian school », in which the most significant name in our century is probably that of Bruno Nardi, and the  «scuola arnericana », led by Charles Singleton, have in common, for all their many desperate differences, an awareness of Dante's appropriations of the vestments of such as David, Jeremiah, Isaiah, John the Baptist, St. Paul, and of John's vision on Patmos. Surely no one who reads even cursorily in the dantology is innocent of the notion of  «Dante theologus-poeta ». Whether or not this putative reader admires or rejects a theological formulation of the Comedy's essential stance, all can see that the second half of our century has seen the direction of Dante studies move away from aestheticism and toward theology. The questions which such a perception of Dante's theological purposes in his poem necessarily enjoin most dramatically concern Virgil. Just as we should never forget to be amazed at Dante's choice of Virgil as guide and master in this vigorously Christian poem, neither should we cease to be pestered by associated doubts: How can the prophetic enterprise of Virgil be assimilated to the specifically Christian purposes of the Comedy?...

Friday, February 21, 2020

The battle between emotion and reason Essay Example | Topics and Well Written Essays - 500 words

The battle between emotion and reason - Essay Example Personally, emotional intelligence is the most significant tool for ethics and has been used to understand one’s reasoning and logical behavior by conducting various self-assessments both scientific and based on emotional self-control. Ethical living involves ensuring adherence to relevant laws designed to protect the safety and well-being of others. Ethical living is also recognizing that one’s behaviors have a direct impact on the environment and on the attitudes of others in the broader social network and then attempting to conduct oneself according to the standards and principles. Emotional intelligence is the tool for ethical living that is personally considered the most important as it allows an individual to proverbially step out of their own shoes and consider how one would feel if they were exposed to non-ethical behaviors that could serve to strip others of their dignity or sense of social belonging. It is not hard to live ethically, so long as others in society follow similar codes and principles and do not engage in hypocritical behaviors that are detrimental to the emotional or physical health of others. Reason is necessary for making ethical decisions as it is founded on logic and allows the individual considering how to behave in a situation requiring ethics to be aware of the damage that non-moral behaviors can cause. Intuition involves an inherent self-awareness and instinct that alters one’s perceptions, a sort of sixth sense, that is proactive in guiding one’s ethical or non-ethical behaviors. As it has already been established that emotional intelligence is paramount to ensure ethical behavior, emotion such as sentiment and passion is important in guiding ethical conduct and attitude. It allows an individual to have genuine feeling for others to ensure that psychological harm is not caused against others. A

Wednesday, February 5, 2020

Living in a big city to living in a small city Essay

Living in a big city to living in a small city - Essay Example l amenities and infrastructure such as schools hospitals and spots clubs, in both big and small cities; there is piped water and electricity because of the high populations and the industries that require a constant supply of these facilities (Brown). The infrastructure in both cities includes good paved roads that are made relative to the size and population of the city to accommodate human and vehicular traffic. This makes it to be easier for the resident to access their offices and homes by either driving or commuting in other ways such as underground trains. On the other hand, it is notable that big cities by virtue of size contrast sharply with small cities albeit on related issues. Take pollution for instance, big cities are likely to have more industrial firms which produce comparatively higher emissions in the form of smoke and water pollutants which result in the residents of big cities suffering more from air and water pollution. This is seen in the smog found that is experienced in many large cities such as London as a result of high vehicular traffic as well smoke produced by the many industries therein (Jarvis). Indeed, many of those who move from big to small cities justify their moving is because they want to live in a cleaner environment with fresher air and clean water. Moreover, the other way in which big and small cities differ is the diversity big ones allow the residents in terms of social experiences, as well as economic opportunity. Many big cities like New York are home to many intentional organizations such as the UN headquarters, as a result, they are more cosmopolitan because of they are a melting point of culture from all over the world. Consequently, in such cities one will have better exposure to foreign cultures and will learn to appreciate the diversity, as well as be squinted with new ideas, and to make connections. Economically, in big cities, employment opportunities are easier to come by because of the many firms, which have

Tuesday, January 28, 2020

Defining, Examining and Designing an Organizational Structure

Defining, Examining and Designing an Organizational Structure An organizational structure can be defined as a pattern of relationships of different component in an organization. Organization structure thus refers to the arrangement of relationships among different positions and people in an organization (HRM GUIDE 2009, Para. 2). Importance of organizational structure Organization structure gives authority and responsibility to individuals. It directs who is in charge of what and who is responsible for what outcome. The structure helps individuals to know their roles and how to relate to each other in the organization (HRM GUIDE 2009, Para. 3). The organization structure gives the pattern of communication and coordination in the organization. By grouping activities and individuals, organization structure helps to facilitate communication between individuals centered in their responsibilities. This enables information sharing and problem solving. Location of decision centers: organization structure determines the centre of decision making and the source of power in an organization. Proper balancing: organization structure ensures good coordination between different groups in the organization. Nike Company It is a publicly traded supplier of sportswear and equipment in the United States. The company headquarters are based in Beaverton. Nike is the worlds greatest manufacture and supplier of athletic shoes. The Company adopts a hybrid of both functional and divisional structure. The chief executive officer is in the top of the hierarchy and the following managers directly report to him: the corporate vice president, manager operations, manager Jordan brand, manager Nike brand, manager global basketball, manager Americas brand, manager administration, manager Brand and category management, manager footwear, human resources manager, sports marketing manager and the manager in charge of Nike design (Official Board 2009, Para. 1). Looking at the Nike structure we realize that each brand has a department that organizes its activities. Each brand operates independently such that it organizes on the production and marketing. Each department then has sub-units or sub-departments like production and accounting. This enables the company to track the performance of each of its brand separately. Each departmental head reports directly to the C.E.O. this gives departments autonomy in decision making. There are other departments that are utilized by all the departments but they also report directly to the C.E.O. The human resource department is responsible for recruitment and placement of employees in the whole organization. This department deals with the employees affairs in the whole organization. The manager (operation) is responsible for coordination of operations within the whole company. It has the responsibility of making sure that all activities in the organization are run smoothly and are well coordinated. This reduces conflict and facilitates interdepartmental cooperation (Official Board 2009, Para. 2). The marketing department is the department that deals with all the marketing activities of the products produced by the Company. This department organizes sales and promotion campaigns for all the brands. This department is responsible for brand development and growth. It works together with other department to determine sales forecast and expected demand for the products. This department is an important part of the firm because it is responsible for maintaining a strong brand for her products. Comparisons of Nikes organizational structure and the divisional type of organization structure Communications Divisional type of structure has a decentralized form of communication such that different department make their own decisions on consultation with the C.E.O., this is the same communication channel that is practiced in Nike. Each brand manager is directly answerable to the head office. The department makes its own production schedule and organizes its internal affairs (Buzzel.com 2009, para.5). There are some differences in the Nike structure and the convectional divisional structure communication. In the Nike structure there is the operations department which facilitates the interdepartmental communication. This department ensures that information flow between the departments is smooth. The information between the departments doesnt have to go to the CEO first so that it can be communicated to other departments. Division of labor The organization structure at Nike is organized such that each department is responsible for organizing its own activities. This shows that each departmental manager is the boss of a given department. The employees of a given department are answerable to the departmental head. This is similar to the divisional type of organization structure where the departments are usually given the autonomy to carry out their own activities and answerable to the top management (Buzzel.com 2009, para.4). The Nike Company organizational structure gives the departmental head control over all the processes and the human resources in the department. However there is an overall human resource department that harmonizes the human resources in the whole organization. This shows that the human resources in the organization have two centers of control. The department controls the working of employees while the human resource department is concerned with staffing and the employees welfare. Coordination Nikes organization structure coordination is similar to that of divisional organizational structure. Each departmental manager in the Nike Company reports directly to the C.E.O. and the board of directors forms the reference point to each department. Each departmental head organizes the activities in his/her department and makes sure they are well coordinated to produce maximum output. Nike has got also the operation department. This department is responsible in overall logistical planning in the organization. It is responsible for bringing logistical harmony in the companys operations. This is different from the divisional organizational structure which relies with all its coordination from the top management http://www.taxarticles.info/2010/06/importance-of-organizational-structure/

Monday, January 20, 2020

The Stamp Act Essay -- British History

The Stamp Act   Ã‚  Ã‚  Ã‚  Ã‚  The passing of the Stamp Act by Parliament in 1765 caused a rush of angry protests by the colonists in British America that perhaps "aroused and unified Americans as no previous political event ever had." It levied a tax on legal documents, almanacs, newspapers, and nearly every other form of paper used in the colonies. Adding to this hardship was the need for the tax to be paid in British sterling, not in colonial paper money. Although this duty had been in effect in England for over half a century and was already in effect in several colonies in the 1750?s, it called into question the authority of Parliament over the overseas colonies that had no representation therein.   Ã‚  Ã‚  Ã‚  Ã‚  When the news of the passage of this act reached the American shore, the colonists protested vehemently. Nine of the thirteen colonies sent delegates to the Stamp Act Congress, which sought ?to consider of a general and united, dutiful, loyal and humble representation of their condition to His Majesty and the Parliament; and to implore relief.? The resulting resolution caused almost as much resistance in England as the original act had in the colonies. Through studying some of the documents coming out of this period, one can see the very different opinions held by the colonists, supporters of Parliament, and American sympathizers.   Ã‚  Ã‚  Ã‚  Ã‚  The Resolutions of the Stamp Act Congress were completed on October 19, 1765. These resolutions are a strong, logical argument against the Stamp Act, which appears to be very cogent. A major issue in the writing of these was the degree of rebelliousness that should be conveyed in the text. Because of the disagreements about this, the wording of the first resolution is very vague. The Congress began by asserting their allegiance to the crown and affirming their likeness to its other subjects, including the entitlement to certain inherent rights and liberties. It goes on to establish the need for representation in the government and the impossibility of representation for the colonists. It then goes on question the jurisdiction of Parliament in the passage of the Stamp Act in Resolution VII and petition the repeal of it in the conclusion: VII. That the late Act of Parliament, entitled, An Act for granting and applying certain Stamp Duties, and other Duties, in the British colonies and the plantations in America, etc., by impos... ...rn the colonies, taxing them was overreaching its jurisdiction: I am no courtier of America; I stand up for this kingdom. I maintain that the parliament has a right to bind, to restrain America. Our legislative power over the colonies is sovereign and supreme?but there is a plain distinction between taxes levied for the purposes of raising a revenue, and duties imposed for the regulation of trade?[Americans] have been wronged. They have been driven to madness by injustice. Will you punish them for the madness you have occasioned? Here Pitt is sympathizing with British America, comparing its people not only to slaves but also to the insane. He finishes his speech by asking that the Stamp Act be repealed ?absolutely, totally, and immediately? and that ?the reason for the appeal should be assigned, because it was founded on an erroneous principle.?   Ã‚  Ã‚  Ã‚  Ã‚  These are not all of the literature in response to the Stamp Act. Many others protested and supported in writing, speeches, and demonstrations. However, these examples do express the emotions that were drawn out during this time and the world of differences in the views of the colonists, Parliament, and American sympathizers.

Sunday, January 12, 2020

Becoming a Social Worker

Becoming A Social Worker Sindy Griffin Rasmussen College Author Note This research is being submitted on June 10, 2011, For Ian Provo HS100/HUS1001 sec01 Introduction to Human Services at Rasmussen College by Sindy Griffin Growing up in the 1970’s where there were limited resources, and having an abusive father was very difficult for my mother and us four children. Having such difficult times as a child though no fault of my mothers and then being married to an abusive husband for 18 years myself, has given me the strength and desire to become a Human Service Worker. Becoming a Caseworker will be fulfilling a lifelong dream to help those in need no matter the crisis they may be seeking to cure. In realization becoming a Caseworker has many responsibilities. Some of the main responsibilities include:† Verifying information through interviews, applications, and applying regulations and memoranda to provide income to individuals and families. † (US Department of Labor, 2010-11). Optimizing client functioning by providing quality services in an efficient and effective manner to people with complex needs. Being a caseworker requires a strong foundation of training, values, knowledge, theory and skills. Clients who have been identified as in need as the result of an outreach or referral service can be assisted by a caseworker, which must then conduct face-to-face assessments of the client’s strengths and weaknesses, as to conduct research for financial and or institutional recourses that may be available for the client’s individual needs. Many resources may be used in this process to insure the client receives some if not all the requested needs. Some of the responsibilities are as follows: In a case where a client came to me and requested assistance to escape from an abusive husband, I would assist her first by analyzing her situation to properly resolve her immediate needs, such as shelter, food, clothing and etc. We would then progress to other needs such as legal, emotional and psychological support. Researching outside sources would become the most of priority to give the client the help she is requesting. We will also have many clients come forth with substance abuse problems as well. Again we must analyze his or her situation to determine what resources are available for the client. Whether it be simple counseling or a rehab center. We must then try talking to the client about what they think the best treatment plan would be for themselves to overcome their addiction. These situations have to be handled gently as not to scare the client away. Developing a relationship to the client is very important in this situation. Once this has been accomplished the client will be more acceptable to change and be prepared to move on to outside agencies or support groups to assist with their addiction. A Caseworker must also meet the required education standards which are as follows: â€Å"The social work case manager shall have a baccalaureate or graduation degree from a social work program accredited by the council on social work education. † (Workers, International Federation of Social) A social worker must also use professional skills for all clients they attempt to assist, while keeping the information confidential. They must also be knowledgeable as to the resources that are available to the client, as well as knowing the cost of such resources. The caseworker should be sure they can handle the caseload they attempt to assist as to not leave anyone out. Being very committed to our job is one of the main keys to being a successful caseworker. A Caseworker will also experience many challenges along the way. These challenges will have to be handled with a smile and lots of patients as to not let the client see that you may be distressed. Although there are many challenges we will face along the way, one of the main ones is the case overload. Many caseworkers today have an over abundance of cases at one time. This problem causes the paperwork process to be slow and seem as though we are not doing our job, causing the client to become frustrated and feel as if they are not getting your full attention. Being able to communicate with the client should be of utmost importance as well as assuring them that you will in fact complete their case as soon as possible. There are also many stress outlets that come along with our profession as well. We may face this on a daily basis as well. One of the most common in our field is rude clients and emotional attachment. The loyalty of a caseworker is often in the middle of a conflicting interest. † (Workers, International Federation of Social) Meaning that as we do our jobs as caseworkers, we may also come across situations that we have encountered ourselves as a non-caseworker and actually experience some sort of favoritism to the case at hand, in turn we this could cause a conflict with the interest of your remaining clients. Caseworkers must re member the urgency of all of their cases not just the ones that mean the most to them. Clients that become rude may only be acting in this manner because they feel as if they are being ignored and that they will not receive the proper assistance as quickly as they anticipated. This type of action may cause undue stress on the caseworker to complete their case. We must be able to some how assure the client we are working on their case as quickly as possible and they will be contacted as soon as it is complete. Handling stress that comes with being a caseworker can be quite challenging in itself. One of the first things I may try and do is try and remind myself of the reasons I chose to become a caseworker. Though our jobs may be stressful in many ways we have to remember the desire we had or have to help those in need. We may also learn that just simple things like taking a walk or stopping and making a phone call to a friend or colleague can reduce the amount of negative energy we may be experiencing. Co-workers can be great stress relievers as they too experience the stress that is closely related to what you may be feeling at that time, after all we are here to help one another not only help the client in need, but those who work closest to us as well. The reason I have chosen to become a Social Worker is that I have a strong desire to help those in need. No matter what their issue may be. I believe there is help out there for everyone. I want to be part of the reason some of the ones that are struggling in this world today will be able to find hope and succeed in their lives. Although my job will come with many challenges, requirements, and responsibilities, it will not let me forget the reward I will feel in my heart that someone somewhere is beginning a new life because we stopped long enough to let them no that they could. Just as â€Å"Jane Addams, who is considered the mother of all social workers said: Civilization is a method of living, an attitude of equal respect for all men. She is known for being one of the most famous social workers of all times, using her training and education to do only good. † (Article Pros , n/d) . I too hope I can be one of the greatest Social Workers of all times. Conclusion Although there are many responsibilities and requirements in the caseworker field of employment, and the job consists of lots of commitment and research to assist clients with their psychological and physical needs. Case Workers must understand the complexity of all cases they have, as well as knowing who and where they need to refer the client to for their specific needs. Keeping in consideration the Caseworker poses so many challenges, stress and stress outlets, We as Caseworkers must remember that we are here to help those in need. They are like harmless children waiting to be saved from the world. Overcoming the many challenges and stressful situations is what we have been waiting to do our entire lives. We just have to remember the compassion and desire to be a Caseworker is instilled in us and we should never forget its value to the client in need or ourselves. By doing all these things we can make a difference in the world one case at a time. Becoming a Caseworker is my life long dream. Being able to help those in need will give me the fulfillment in my life I have been missing for so many years. Just waking in the morning and knowing that I could possibly save someone’s life or even just give them a sense of belonging makes all the esponsibilities, requirements, challenges, stress and commitment worth the effort. References Bibliography Article Pros . (n/d). Retrieved May 2011, from www. articalpros. com/self-improvement/phycology/artical-665318. htm. Bureau of Labor Statistics, Us Department of Labor. (2010-2011). Occupational Outlook Handbook 2010-2011 Edition, Social Workers. Retrieved May 2011, from http://www. bls. gov/oco/ocos060. htm. Demand Media Inc. (1999-2011). http://ehow. com/about_514504_ caseworker-description-job-html. Retrieved May 2011 http://www. careerinformation. tml/e-p-a-c-s-c-a. (n/d). Retrieved May 2011 NASW National Association of Social Workers N. A. (2007). Retrieved May 2011, from www. socialworkers. org/pubs/code. asp. US Department of Labor. (2010-11). Http://www. bls. gov/oco/ocos060. htm. Retrieved May 02, 2011, from Bereau of labor Statistics: Occupational Outlook Handbook, 2010-2011 Edition, Social Workers Workers, International Federation of Social. (n. d. ). International Association of Schools of Social Work. (FSW, Editor) Retrieved May 2011, from http://www. ifsw. org/f38000032. htm.