written by Sandy Cockrell III
Companies are at various stages in applying technologies such as cognitive computing, blockchain, robotics, and artificial intelligence. Some are automating discrete manufacturing, service, and compliance processes; others are digitizing at the core of their business models. The disruptive capability of today’s digital innovations is one reason why spending decisions are moving into the realm of corporate strategy, more so than ever before. There is certainly room for trial and error, but waste can be very costly.
Article by ERP News
As the saying goes, disrupt or be disrupted. We need to look no further than the advent of new, digital native tech startups to see that we are in an era of change. Indeed, digitalisation is essential for businesses -big or small- as they evolve with the changing needs and demands of customers
written by Howard Tiersky
“Digital” has fundamentally changed consumer expectations. Great brands have two choices, they can radically transform their customer experience to make it digitally elegant, or they can cede a significant portion of their market to digital-first companies who are already doing it.
written by Bertram Schulte, Chief Digital Officer of SAP
Many companies hope to achieve the innovation, profits and streamlined processes that digital transformation promises. However, in my experience, I often find there is ambiguity about digital transformation from our customers, partners and business colleagues. To help separate what’s fact and what’s fiction, I’ve condensed my point of view into three myths about digital transformation. If you grasp these common misconceptions, you’ll be on your way to achieving true digital transformation.
Article by Mark Partin
Many startup businesses and more mature mid-sized companies are growing at a fast clip these days, and rapidly entering new global markets and geographies. While operations personnel inside these businesses are focused on maintaining this pace, the finance organization must ensure compliance with disparate and evolving accounting standards and reporting regulations across these regions.
Article by Mario Spanicciati
An automated accounting landscape significantly changes the role of the accountant – but not in the way you may think. Many are concerned that technology will eliminate jobs, while in fact, it will eliminate the most time-consuming, manual processes that prevent accountants from delivering the strategy and analysis that drew them to this profession in the first place.
What is your manufacturing model? Is it mass production or digital manufacturing? Most manufacturers will say they're trying to move to digital manufacturing, but are they prepared to realize the full benefits of their digital strategies?
Your ERP system is a vital backbone of your business. You need a system that provides the functionality necessary to run the business, is easy and convenient for the users, and delivers a competitive advantage. The system you have in place today may not be meeting those needs or may not be able to support the growth and innovation that are part of your company’s future success
Article by the Inventory Mentor
The vast majority of businesses use spreadsheets to do all or part of their inventory forecasting, planning, and purchasing
As we move deeper into the new year, new ERP trends for 2018 are emerging. Not just for enterprise-sized businesses anymore, smaller- and medium-sized businesses are utilizing ERPs to streamline their processes and break down the barrier between the business and their customers