Why People Are the Most Important Part of Your ERP Implementation

PostedOn: 2018-03-14 11:39:21

ne of the keys to a smooth ERP implementation are the people you involve to make it happen. Your business may have chosen a great software, but if the people involved in the process aren’t ready to change, your ERP achievement will not be successful. To ensure your ERP implementation succeeds, some of the key players you’ll want to involve are listed below  Executive Engagement Let’s start at the top. Every successful implementation project needs an engaged executive team. They must be ready and willing to take on the responsibility of ushering in wide-scale changes within the company. They not only need to commencement the project, they must also remain active participants. To get more granular, it’s important to have an executive sponsor for your ERP implementation. This person not only lends their voice to the project, they also actively support everyone involved in the implementation process. The executive sponsor will lead your company by displaying unwaverin

Five Surprising Takeaways from the 2018 ERP Software Report

PostedOn: 2018-03-14 11:14:46

oday we published our brand new 2018 ERP Software Report, which summarizes the results from nearly 300 recent ERP implementations across the globe. While the data tells a similar story to years past, it also contains a few surprises. We summarized and analyzed this broad data set to arrive at some conclusions regarding trends in the industry, challenges companies to face when implementing new ERP software, and lessons learned. This is the twelfth consecutive year that we have conducted the annual study. Some results are not surprising to those of us that have been in the industry for a while. Others were a big surprise to the Panorama team and me.  1. Cloud ERP software adoption may have finally reached a tipping point.  We saw a very large increase in cloud ERP software adoption this year compared to past years, with this year’s mix of SaaS and cloud deployments increasing to 85%, compared to 15% on-premise deployments. While this number may not be striking on the surface,

The 5 Hidden Economic Benefits of Cloud ERP

PostedOn: 2018-03-13 11:55:08

he cloud has been a major topic of conversation among manufacturers over the past few years. With good reason too: it has definitively proven its economic value. Obviously, the cloud offers compelling ways for manufacturers of all sizes to reap cost savings, especially when it comes to capital spend. But cloud ERP promises even more fiscal win falls that aren’t quite as obvious. Just consider the following:

5 Ways You Can Get More out of Your CRM Software

PostedOn: 2018-03-13 11:15:38

o you believe that you could be getting a better return from your customer relationship management (CRM) software investment? The reason you purchased a CRM solution in the first place was to reap the benefits of a centralized database to use during the many departments of your organization. Perhaps you aren’t taking advantage of some facial appearance of your CRM software; maybe your employees aren’t using the software to its full potential. Here are five tips to help you get the greatest return on your CRM purchase.  1. Update Your CRM Data  One of the first things you can do to get better value out of your CRM software ensures that the software is up to date, which may mean purchasing an upgrade to the latest version. Contact your CRM provider for the most recent updates relevant to your unique business needs. Updating your CRM software also ensures that you get the latest security updates. If you’re using a cloud-based CRM solution, you should be receiving the latest secu

Top Functionality Needs of ERP Buyers

PostedOn: 2018-03-12 13:17:21

RP buyers are primarily distributors and manufacturers across dozens of verticals (pharmaceuticals, food/beverage, industrial machinery etc.). While retail ERP is a large software market unto itself, few retailers contact us for advice on ERP purchases. Software Advice looked at 200 buyer interactions to highlight why companies want to invest in ERP systems, specifically. within distribution, manufacturing and food/beverage manufacturing.  Researcher Commentary One of the key benefits of an ERP system is that integration between modules (warehouse management, transportation management, order/inventory management etc.) enables full traceability of items throughout your supply chain. Our analysis uncovered the fact that the need to improve inventory tracking is a key driver of ERP purchases, with 22 percent of buyers citing the need to improve lot tracking specifically.  Key Findings Distributors are prioritizing lot tracking as a “must-have” feature, with 44 per

A Typical ERP Business Scenario to Explain Why ERP is Required

PostedOn: 2018-03-12 12:16:30

he very basic question to any beginners is why Enterprise Resource Planning also called ERP is required? To answer this, let's examine this typical business scenario. Suppose a client approaches sales team asking for a particular product. The sales team contacts to inventory department to check the availability of the product. To their surprise, sales team found out that the product is out of stock. Before we actually see in detail, what ERP is and how ERP can help in your business process, we will understand how different departments are involved in the whole business process, right from the ordering of the raw material to manufacturing goods to delivering final goods to the customer. Here is the whole process that is followed by any business unit. Client contacts the sales team to check the availability of the product Sales team approaches the Inventory department to check for the availability of the product The In case the product is out of stock, the sales team approaches

What Does 2018 Bring for Mobile App Development?

PostedOn: 2018-03-09 11:37:56

obile apps used to be considered just an optional addition to a company’s marketing strategy, but that’s not the case anymore. Given the fact that today mobile apps are one of the main ways to build brand awareness and increase sales, they have become a necessity when it comes to developing a business. And that’s not all! These apps have become part of our daily lives and we don’t even realize anymore that we use them for almost everything that we do. With that being said, we can only expect for these apps to become even more present in our lives. So here are five mobile app development trends for 2018:  VR and AR Apps  There’s no doubt that both Virtual Reality and Augmented Reality have really taken the industry by storm last year and will definitely continue to do so in 2018. According to Dot Com Info way, the total number of mobile apps with built-in AR capabilities will cross 1580 million in 2018. Maybe the main reason why these technologies have really taken over i

Six Hacks for Streamlining Your HR Software

PostedOn: 2018-03-09 11:11:24

e love complexity as humans. Keep it simple is not in our DNA. But complexity is almost never good, and that sure holds true for human resource software.  Complexity in HR software leads to inefficiency and underutilization. That’s bad for business.  Thankfully, the industry’s move to the cloud is changing that. Just as software for other industries and business functions has gotten simpler and easier to use as they systems have moved off premise, so too has HR software.  But that doesn’t mean things are simple enough; for many companies, there’s still the need for reduced HR software involvedness and simplify processes.  Over the past few years, businesses have seen an evolution of technology in HR work processes. By streamlining HR technologies and processes, businesses will reap huge rewards not only in cost-savings but also in productivity, employee happiness and happiness index. With that in mind, here are six ways you can streamline things.  1. Skip Best of Breed 

Report: Moving ERP to the cloud boosts productivity Sticking with on-premises enterprise resource pl

PostedOn: 2018-03-08 11:37:14

ticking with on-premises enterprise resource planning solutions instead of moving into the cloud may cost recalcitrant managers far more in lost productivity than it saves them in capital expenses.  That is the conclusion of a new report that highlights some of the overlooked benefits that can be realized in moving critical systems into the cloud. According to Michael Mandel, a senior fellow at the Mack Institute for Innovation Management at the Wharton School in Philadelphia, advanced tools that are part of cloud ERP can ramp up productivity in unexpected ways. Unlike a growing number of tech critics, who argue that smarter devices and software have done little to change productivity, The ongoing shift into the cloud is spearheading a new productivity boom that could add up to $2 trillion in gross domestic product growth over the next decade.  But for that to happen, advanced technologies need to be easily accessible and must be simple to adopt and use,  The cloud helps to address

A CRM that populates itself with leads Too good to be true?

PostedOn: 2018-03-07 11:36:26

s account based strategies grow in importance, sales and marketing teams increasingly rely on artificial intelligence to help them decide the accounts on which to focus their efforts. But there are a couple of key challenges that any account based approach ultimately depends on for success a robust data foundation and a flexible configuration to fit an established strategy. Account Scoring is the latest CRM product to emerge from Data Fox. It has been designed to help businesses to work out quickly and easily which clients to prioritize. Data Fox already has information on more than two million companies to help firms evaluate which companies to add to their CRM database and which to prioritize.  Data Fox has been harvesting company data based on a range of criteria, including firmographic, technographic and signals data.  Customers scores apply to all of the two million plus companies which Data Fox is following. This extends beyond AI scoring, adding an additional human element an

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