ERP Must Evolve to Meet the Business Challenges of Today
Many businesses purchase Enterprise Resource Planning (ERP) systems for good reasons – to make business processes automated, across their operations.
In many cases though, it leads to disappointment. According to a 2016 Report on ERP Systems and Enterprise Software, Panorama Consulting Solutions said only 12 % of corporate executives were “very satisfied” with their current ERP solution, and that 59 % of global companies were “burdened” by them.
Businesses need to ask themselves whether their ERP system is :
- Accessing the data and insights they need to make smart, timely decisions.
- Collaborating effectively across departments and partners.
- Monitoring, reporting, and complying with financial regulations.
- Evolving and growing quickly and confidently.
If not, then huge questions need to be asked. Read our guide to discover the top 4 reasons why it may be time for your business to upgrade its ERP system.