Articles FSSGlobal

FSS Global Has Entered the IT and Business Intelligence Market in Asia

by FSS Global

Posted on Apr 15 , 2018 at 07:36

FSS Global has entered the IT and Business Intelligence market in Asia as part of the global development strategy. As member of the British-Romanian Chamber of Commerce, Ovidiu Drăghici – the General Manager – has held a series of business meetings with various multinational companies, organized by BritCham Singapore, among which: Tata Consulting Services, Infosys, Total Oil and Microfo

Learnings from SUN server migration on Azure Cloud infrastructure

by FSS Global Team

Posted on Feb 07 , 2018 at 12:55

This time we had to migrate SunSystems v4.3.3 from an on-premise installation to Microsoft Azure Cloud (our first project of this kind). The interesting part was that the ERP producer said that it is not doable and that they recommend the latest version of the system for Cloud hosting, so no support from their side in case something did not work out. Therefore, we had to try first, to make sure we c

Compliance Challenges and Business Automating

by FSS Global Team

Posted on Sep 25 , 2017 at 02:17

In the oil & gas sector, regulatory compliance continues to be one of the greatest challenges. Staying compliant with the latest regulations is difficult because the standards you had to meet yesterday may be even more stringent today. In addition, the cost of compliance has a consistent impact on the bottom line, and failure to meet compliance standards can generate more expenses in fines. The

Tax Technology Is Critical for Companies

by FSS Global Team

Posted on Sep 18 , 2017 at 07:31

As we all know too well, issues such as globalization and ever-changing regulations present a variety of challenges which simply didn’t exist before for corporate tax departments. Thomson Reuters says that a large number of tax departments are strapped for time, making changes to a “good enough” tax process in order to keep pace with these trends, but this isn’t enough anymor

Cross-Industry Business Approach Creates More Opportunities

by FSS Global Team

Posted on Sep 11 , 2017 at 06:39

The global ecosystem that companies are developing includes compartmentalized groups of companies, each serving its own markets, teaming up with its own suppliers and pursuing its own ways of seizing value. This business model is not very reliable now, when digitalization means to change the game or global opportunities intend to form new business models; in the past, breaking out of the industry bo

Big Data Reveals Business Opportunities

by FSS Global Team

Posted on Sep 08 , 2017 at 06:41

Some IT specialists say that in the last few years, there have been a lot of trends, advices and case studies around big data. Whether we are talking about streaming, real-time data analysis etc., it is all about the promise to bring the type of predictability that cuts costs, solves problems and increases sales. Ginni Rometty, Chief Executive at IBM, believes Big Data analytics will radically chang

Successful Stories of ERP Implementing

by FSS Global Team

Posted on Sep 07 , 2017 at 11:06

A research conducted at the beginning of 2017 revealed that a large number of multinational companies from various industries have chosen to implement an ERP (Enterprise Resource Planning) software. The main reasons were: business performance improvement, employee efficiency, regulatory compliance, customer care, stakeholder requirements etc.

The research revealed successful cases that are

Big Data, ROI and ERP Software

by FSS Global Team

Posted on Sep 06 , 2017 at 09:07

Almost every IT specialist has at least one definition of big data and how it can be better used and analyzed. The concept gained momentum in the early 2000s, when industry analysts articulated the now-mainstream definition of big data as the three Vs: volume – organizations collect data from a variety of sources; velocity - data streams in an

ERP & Business Continuity

by FSS Global Team

Posted on Aug 01 , 2017 at 18:02

One of the most used terms in the global business environment is business continuity (BC) which, over the last years, has earned a deeper meaning than just common sense. Some time ago (in 1994), the Business Continuity Institute (BCI) was created, which is now the world’s leading institute for business continuity. The leading members and specialists have developed a more complex defin

A Risk Management Strategy in Mining & Metal Industry Needs an ERP Software (Part 2)

by Fss Global Team

Posted on Jul 20 , 2017 at 18:06

In part one of the article, we described the first five most important risks in mining and metal industry that companies might face. It is a fact that mining companies have an impressive track record for delivering continuous improvements in safety and risk management standards, and an ERP software could make their efforts easier and more efficient.

We will continue the enumeration of risk

A Risk Management Strategy in Mining & Metal Industry Needs an ERP Software (Part 1)

by Fss Global Team

Posted on Jul 17 , 2017 at 19:09

Recently, Ernst & Young published a report about the risks that mining and metal industry companies are facing. These are: cash optimization, access to capital, productivity, the social license to operate, transparency, the switch to growth, access to energy, joint ventures, cyber-security and innovation. There have been some changes compared to 2015, when the hierarchy was different and the fir

Key Principles of Data Management

by Fss Global Team

Posted on Jul 17 , 2017 at 19:08

When asked to identify the key resources in any business, most business people will name money, people, buildings and equipment. This happens because these are the resources that senior business managers spend most time managing. The fact that these resources are easy to manage and that the management processes can be easily understood by the layman means that it is seen to be worthwhile investing i

Benefits of ERP & CRM Integration for SMEs

by FSS Global Team

Posted on Jul 03 , 2017 at 15:50

ERP and CRM (Enterprise Resource Planning and Customer Relationship Management) are two products that, used together, can really help SMS’s business owners or head of departments manage the business process better. While either product can work well on its own, their true potential is realised only when full ERP and CRM integration is achieved.

BI Trends That Help You Grow Your Business

by FSS Global Team

Posted on Jul 03 , 2017 at 19:38

Although we are in the middle of the year, there are some important Business Intelligence trends that managers and entrepreneurs should take into consideration in order for their business or company to grow.

Organizations need to see the competitive advantage in collecting, storing, and harnessing all the data existing in the company. The old way of approaching business intelligence is fad

ERP Software & Mobility

by FSS Global Team

Posted on Jun 19 , 2017 at 21:10

Background and Research

In 2013, an IT & Tech company conducted a survey on 752 companies aiming to find out how much mobility is involved in daily business operations. The results showed that 94% thought mobile devices make them more efficient, 89% of business employees used mobile devices for work and 67% would be less competitive without workforce mobility. This is

An ERP System Helps Companies Keep Their Clients

by FSS Global Team

Posted on Jun 08 , 2017 at 14:33

Peter Drucker, the legendary management expert, said: “The purpose of business is to create and keep a customer.” This is a very well known fact and, for managers and company owners, the company’s survival and growth depends on it. Whoever wants to keep their business needs to keep their existing customers happy and add new ones.

This task is becom

Industrial Internet of Things in Oil & Gas Industry

by FSS Global Team

Posted on May 30 , 2017 at 17:44

The colossal oil and gas industry is facing a lot of challenges every year. It can always be about the hunt for hydrocarbons which is increasingly remote, the extreme environments and its focus on safety and efficiency, the fact that, according to Bloomberg, in 2014 the oil barrel price exploded to 100$. In this dynamic economic context, it appears a strong need for an “Internet of Th

5 Thinks to Avoid when Buying a BI Solution

by FSS Global Team

Posted on May 25 , 2017 at 20:46

For some people talking about Business Intelligence (BI) solutions, software or trends are a must for various reasons: their peers are talking about it, their friends are sharing a story about an article that they have read or they choose to do so because it is a hot topic that they simply need to keep informed about.


5 Reasons Why You Should Have a Bulletproof Cloud Strategy

by FSS Global Team

Posted on May 24 , 2017 at 17:33

Technology is a perpetuum mobile, we can state this as a fact. Every day, in some little corner of the world, a smart man or woman is creating a new mobile app, is inventing a better laptop, a more efficient industrial software or something else that you would not imagine. One of these technology milestones was reached when Cloud appeared and the concept of data storage was brought to a whole new le

ERP and Modern Finance

by FSS Global Team

Posted on May 24 , 2017 at 17:31

Historians and sociologists speak about the fact that the rise of trade and commerce was the beginning of what we call today the finance domain. This encouraged trade, self-reliance, invention and personal ambition. The luxury of nobility was having food and servants. Entrepreneurs began to own factories, gardens and hire their own servants. After a long period of time, man felt that he had the uppe

Make Your Company More Efficient. Use an ERP Software

by FSS Global Team

Posted on May 24 , 2017 at 17:31

An enterprise resource planning (ERP) is a specific business process for medium and large companies and multinationals. There are a lot of definitions for this system, but all of them can be summarised like this: an ERP is a management software that allows an organisation to use a system of integrated applications to manage the business and automate many back office functions.

In fact, it

IoT – The New Girl in the Technology Town

by FSS Global Team

Posted on May 04 , 2017 at 05:55

There are hundreds of definitions for Internet of Thinks (IoT), the newest trend in software and technology. Jacob Morgan (author and futurist) explains that IoT is connecting any device with an on and off switch to the Internet (and/or to each other). This includes everything from cell phones, fridges, cars, headphones, TVs, wearable devices and almost anything else you can think of. This also appl

Mergers and Acquisitions in Oil & Gas:
Why Should You Use an ERP Through the Process

by FSS Global Team

Posted on Apr 25 , 2017 at 03:51

Recent articles published in Oil & Gas Financial Journal talk about some recent mergers and acquisitions in the industry. Palantir Economic Solutions Ltd. and Caesar Systems LLC, trading as PetroVR have entered into a definitive merger agreement under which Palantir and PetroVR will combine in a stock-for-stock merger transaction. The combined company will be called Palantir Solutions Inc. and w

ERP & Data Protection

by FSS Global Team

Posted on Apr 18 , 2017 at 08:37

Data is the new global currency, some Microsoft experts say. here are more and more cyber attacks that big companies talk about. "The Zombie Zero attack started from hardware purchased and deployed inside the target’s infrastructure and didn’t attack the operating systems - but instead went straight for the ERP systems." said Mariano Nunez, the founder and CEO of Onaps

Is Your Business Too Small for an ERP System?

by Lukas Klecka

Posted on Apr 12 , 2017 at 04:08

Acquiring or upgrading an ERP system is one of the biggest investments in IT a business will make. Many claim they are too small for ERP. This comes from the mindset that the number of users drives the need for ERP solution. In today’s landscape of cloud hosting, no business is too small for an ERP solution. ERP allows even small businesses to appear, act and operate like an enterprise-scale b

Business Intelligence in the Oil & Gas Industry

by FSS Global Team

Posted on Apr 05 , 2017 at 10:09

Recent research published on Statista shows that in the next year, global oil demand is projected to increase by 1%. In this context, we can question what the Petroleum industry is doing to curb the trend of global greenhouse gas growth. More than this, China appears to be the lone wolf leader, as China Petroleum and PetroChina are taking the top spots in terms of overall global innovation. Accordin

Ipos Bootcamp

by Iulia Juganaru

Posted on Mar 30 , 2017 at 04:11

As the time passes and the applications evolve, we have to keep up in order to offer our customers the best solutions to meet their business needs.

Even though there are periodic version updates and SSPR (SunSystems Purchase Requisitioning) is a very good tool, it relies on a middleware (eBG) and does not cover entire cycle of a procurement process. Therefore, new application was developed

SSPR (Sun System Puchase Requisitioning)

by Iulia Juganaru

Posted on Mar 21 , 2017 at 11:10

SSPR (SunSystems Purchase Requisitioning) is one of the procurement tools provided by Infor that can be integrated with SunSystems. It manages requisitioning from initial request through approval stages and purchase order posted to SunSystems. The approval process covers both functional and budget approval based on Cost Centres. Contract management is also integrated to SSPR. This is a very importan

Information System (and ERP in particular)

by Vicktoria Donskikh

Posted on Mar 15 , 2017 at 11:12

We believe internal audit should be heavily engaged in the systems implementation process as mutual cooperation of the internal audit (or any other independent body dealing with effectiveness of the control and governance processes of the organization) and the implementation team should lead to:


  • internal checks and controls being built into the application (informa

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Mr. Muthukumar Sockalingam, Regional Business System Manager East ant Shell LPG Kuala Lumpur – Malaysia :

Shell and FSS Global have had an excellent relationship for more than 5 years. The results FSS Global constantly deliver and their significant SUN expertise assured us that FSS Global was the best partner for us.”

Ms. Tereza Cisarova, Debt Chasing Team Leader for Czech & Slovak Republic at Shell :

“Without FSS Global software, we would have been forced to hire a lot more people in the Debt chasing department to meet Shell requirements.”

Ms. Anastasia Laptinova, Contracting and Procurement Expert Manager at Shell CEE and Russia :

“ The project demanded the development of a solution which would be customized and tailored to meet the exact needs of a global operation such as Shell. Using FSS Global SUN expertise and their knowledge of unique requirements specific to Oil&Gas business, the results have exactly met the needs of Shell management and administrators alike – providing the right information, to the right people, at the right time, in the right format.”

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