Hi,
I just wanted to point out that Workday is based on the REA Model
developed William E. McCarthy, it's a very straightforward approach to
design and implment business processes, you can check out the excelent
book by Hruby on this, please check this link:
http://www.squidoo.com/REA
I'm new to Ofbiz but as far as I can see, its architecture resembles a
lot from what is described in the basic examples I have seen in this book.
Regards,
Enrique Ruibal
David E Jones wrote:
I would be really interested in hearing more from Vikrant about what
he likes about Workday. If you're listening in Vikrant, please do
write more about what parts of the Workday approach you like.
For my part I have looked into it a little bit and I think their
approach is great. More specifically what I like is the idea of
creating a software suite for a particular type of business that
basically does everything that such a business would need. Doing just
this sort of thing as a derivative work based on OFBiz has been part
of the long-term strategy from the beginning.
The accounting piece would benefit from this, but in a way that is
similar to how all other parts would benefit. That benefit is reducing
redundant data and tying things together directly that might otherwise
be in different systems. For accounting this is great because you
don't need to introduce so many artificial structures to take partial
data from other systems that is needed for operations or reporting,
especially ad-hoc reporting when creating a data warehouse to
consolidate data from multiple systems is not really a tenable
approach. The "cost centers" thread that was active recently is a good
example of partially redundant data that is necessary because of
separate systems and a light integration between them.
I don't know if that is what Vikrant liked about Workday, but that is
something that struck me as I was reviewing the public material
available.
-David
On Jan 11, 2008, at 2:59 AM, Jacques Le Roux wrote:
Hi all,
I recently had an exchange with Vikrant Rathore about new accounting
efforts. I think it is worth to be reported, here it is
Vikrant : Have a look at http://www.workday.com/ I would prefer to
implement finance in their way not the traditional ERP way.
Me : What is so specific in their offer apart it's an ASP ?
Hi Jacques,
In financial component they combined 5 major parts of Finance:
1. GL Management (ofbiz is still working on to implement it)
2. Reporting (both statutory and financial management related)
3. Auditing
4. Budgeting and tracking.
5. Asset Management.
Normally none of the Financial Management system itself comes close
to it. As you have to buy separate software to do it. Besides this
the way they presented the whole solution is more business oriented
then technical jargon oriented which is what most ERP's do.
So I feel there way of doing Financial Management linked to all the
other parts of business is a good implementation. You do not need a
separate budgeting, asset management, reporting and auditing
requirements (for SOX compliance). Everything comes out of the box. I
haven't seen such a offering either by SAP business byDesign or
Netsuite and I guess ofbiz can do it since it's a single data model
but no component is there to address it.
Regards,
Vikrant
