Having made a large investment in their legacy systems, they may have other priorities – or wonder how long it will be before any further spend on the systems will be repaid.
At the same time, they may be struggling with change-related challenges. Typically, one of the most significant is the need to deliver coordination across systems, processes and teams, either to support the business or within a specific project. The key will be the ability to achieve seamless connectivity across these functions and use that to drive collaboration, while providing cost savings and enhancing operational efficiencies.
Big Data, Data Management, Advanced Analytics
In the age of big data, data management and analytics are often key challenges. To address them, organisations will need to ensure data is integrated across the organisation and business intelligence extracted from it. These are issues that can be addressed by ERP. Yet, many businesses are failing to upgrade existing systems and not capitalising fully on the opportunity ERP provides.
Those companies that seek out the latest versions of ERP software are best able to improve processes and ensure information is updated across the organisation. This in turn enables them to run operations more efficiently, respond better to customer and market demands and drive competitive edge.