Many businesses purchased Enterprise Resource Planning (ERP) systems for good reasons – to make business processes automated, across their operations.
In many cases though, it’s led to disappointment. According to the 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 for straightforward advice on why it may be time for your business to upgrade to meet today’s demands.