To interesting minds,
I wonder if the following is feasible:
POC Validation Case Study
There shall be a POC Exercise to validate certain capability of the chosen ERP System to handle particular complex and deep ranging functionality such as
Foundation's Entrepreneur Loan Facility
Foundation's Student Financial Assistance System
Such POC does not involve full fledge operational cycle but a section of the cycle where the elements are required to sufficiently proof that the solution can cater for the real needs of the organisation.
Entrepreneur Loan Facility POC assumptions:-
1. To prove the assumptions that ADempiere can handle the following:
2. That Loan Packages be classified as a Product Item that is bought and sold in Inventory.
3. That such packages can be procured from the State Funders as a Requisition and thus
4. Purchase with Delivery of the said product and counted within Inventory,
5. moved to other Locators and offered for sale to
6. applicant entrepreneurs as customers to the system
7. The client (Foundation) is able to track the procured Loan inventory of Ordered, Reserved, On-Hand and Avalable status in the ProductInfo window.
8. During Purchase and Sale the accounts posting can reflect onto a Financial Report Statement to show as required by Client i.e. Loans procured from State Govt, and Loans supplied to entrepreneurs.
9. Handling of bank charges and interests on loans during Sales and Accounting
10. An example of a Loan Package Item is:
a. Product Name : Loan Package A
b. Cost : $10,000.00
c. Vendor : Funder X
d. Unit of Measure : 1 unit
Challenge of POC is to prove that:
1. Can monetary loans be considered as a product item to be bought and sold?
2. When the customer ‘buys’ the loan, he or she is due to pay back in recurring customer invoices.
3. Can it handle other aspects of the loan cycle? Such as default of payments, further charges and interests?
4. Can this be similar to Foundation’s case of Student Assistance Program where loans are also likewise given out to students?
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One of the challenges facing the foundation is that when it gets funds from investors for loan out to applicants it doesnt want to mix them up with its own cash position.
By treating the funds as items in inventory they wont see it as cash in bank. When they wanted to find out all their funds, they merely access their inventory!
The question will be how hard will it be to show this nicely too in the Financial statements? First i think i will need a sample statement from them, i guess.
red1
If you would like to refer to this comment somewhere else in this project, copy and paste the following link:
To interesting minds,
I wonder if the following is feasible:
POC Validation Case Study
There shall be a POC Exercise to validate certain capability of the chosen ERP System to handle particular complex and deep ranging functionality such as
Foundation's Entrepreneur Loan Facility
Foundation's Student Financial Assistance System
Such POC does not involve full fledge operational cycle but a section of the cycle where the elements are required to sufficiently proof that the solution can cater for the real needs of the organisation.
Entrepreneur Loan Facility POC assumptions:-
1. To prove the assumptions that ADempiere can handle the following:
2. That Loan Packages be classified as a Product Item that is bought and sold in Inventory.
3. That such packages can be procured from the State Funders as a Requisition and thus
4. Purchase with Delivery of the said product and counted within Inventory,
5. moved to other Locators and offered for sale to
6. applicant entrepreneurs as customers to the system
7. The client (Foundation) is able to track the procured Loan inventory of Ordered, Reserved, On-Hand and Avalable status in the ProductInfo window.
8. During Purchase and Sale the accounts posting can reflect onto a Financial Report Statement to show as required by Client i.e. Loans procured from State Govt, and Loans supplied to entrepreneurs.
9. Handling of bank charges and interests on loans during Sales and Accounting
10. An example of a Loan Package Item is:
a. Product Name : Loan Package A
b. Cost : $10,000.00
c. Vendor : Funder X
d. Unit of Measure : 1 unit
Challenge of POC is to prove that:
1. Can monetary loans be considered as a product item to be bought and sold?
2. When the customer ‘buys’ the loan, he or she is due to pay back in recurring customer invoices.
3. Can it handle other aspects of the loan cycle? Such as default of payments, further charges and interests?
4. Can this be similar to Foundation’s case of Student Assistance Program where loans are also likewise given out to students?
One of the challenges facing the foundation is that when it gets funds from investors for loan out to applicants it doesnt want to mix them up with its own cash position.
By treating the funds as items in inventory they wont see it as cash in bank. When they wanted to find out all their funds, they merely access their inventory!
The question will be how hard will it be to show this nicely too in the Financial statements? First i think i will need a sample statement from them, i guess.
red1