Is your business equipped to deal with uncertainties and disruptions? One of the acid tests for companies today lies in their adoption of a flexible business model to suit the changing needs for the marketplace. So, whether it is technological innovations, force majeure or any other form of disruption, businesses need to be able to adapt and keep moving forward.
$1.2 trillion dollars. That’s what analysts believe that those using big data in business will earn at the expense of their less insightful colleagues.
This is predicted to happen by the end of 2021. Big data is here, and it’s here to stay. Use it, or your business might lose out. In this post, we’ll look at how big data is affecting enterprise software across the globe.
As per computer weekly report, ERP and CRM remain as the strongest types of business applications, with 53% of businesses naming these as priority investments. ERP software implementation can be complex due to costs, time and customisations. The average cost of implementing traditional SAP ERP, Oracle or Infor etc ranges in millions of dollars & average implementation of over 15 months. But the SaaS ERP alternatives are preferred by businesses today due to cost, time & flexibility of implementation.
Enterprise Resource Planning (ERP) software provides an integrated business management solution that can steer your business in the right direction. But careful evaluation of the features, your requirements and assessment of the needs play a cardinal role in its implementation.
With the business intelligence and automation capabilities of the modern day software, your organisation can leapfrog to a different zone altogether. Business management can be powered by software intelligence like never before with real time data, integrated solutions and results you want.
Enterprise resource planning software is an integral need for business today. This infographic illustrates how an ERP software can make business management seamless with automation of the key functionalities. Kreyon Systems is an ERP software company providing ERP implementation with automation of sales management, employee management, HR & payroll software, CRM, accounting, quotations, invoicing, orders, material management, project management, inventory automation, document management & custom modules. If you need any assistance, please contact us.
What makes ERP implementations challenging, complex and painful for the customers? Well, the legacy systems designed in the pre-cloud era take long implementation cycles and are extremely tough to customize. These traditional ERPs are also very expensive to maintain. The multi nationals typically have customised processes, which makes it tough to fit the legacy ERP software in their organisations. The version upgrades can be cumbersome, especially when the organisations spans across different countries. The local instance may not be in synch with the global version and require extensive integration and testing efforts.
The implementation of an ERP is one of the major decisions in the lifecycle of an organisation. According to Gartner, approximately 75% of all ERP projects fail. 61.1% ERP implementation take longer than expected as per Panorama ERP study. And more than 74.1% implementations exceed budget. There is also an overwhelming percent of companies who don’t end up getting what was promised to them. For an organisation spending millions of dollar and almost two years in implementation of ERP, it’s vital to take care that sufficient measures are taken to ensure success of the project. Read More “Top 10 common mistakes that can ruin ERP implementation”