• Follow us


Keeping up with digital transformation: Is your ERP software holding you back?

Digital transformation should not be a scary term. It is also not something that should sit with the IT department at your company. We are all involved in the digital revolution. Put into context, by 2020, forecasts suggest that there will be around 6.58 network connected devices per person around the globe (Source: Statista). You probably won’t even realise how much you connect to the cloud in your home, see some examples below:

Smart plugsHome energy monitorsWi-Fi bulbsSmart thermostat – “Control your heating from your phone.”Amazon Echo

Do you know what I mean now? It’s not that we are ignorant in any way. You often hear something along the lines of, “oh no, that is too technical for me”, but, is it is really? Digital transformation at home or in the workplace does not need to have a primary focus on implementing new IT solutions. Instead, transforming your business requires an acceptance and acknowledgement of cultural change. Failure to invest time and money into innovations and upgrades will inevitably hold back the growth of your company.

"Digital transformation refers to the adoption of digital processes and tools to achieve strategic business goals. It’s a complex, multifaceted process that represents a massive cultural shift in the workplace and changes that affect every part of an organisation." 

- Source: Slack

Some scenarios may ring a bell with you. If you can relate to any of the below, then we would suggest evaluating your digital transformation strategy. Furthermore, deciding to upgrade or implement an ERP solution.

Enabling more impactful, data-driven business decisions

To be the front runner or at least stay on par with your competition, you should have an edge. Reacting to changes in market conditions is an essential function of modern day businesses. You want to act upon a vital piece of information that has come to your attention. First, you need to gather the data, then analyse and report on the data collected. Now you need to get it past the board before being able to do anything else. All the while the ship has sailed, the opportunity was missed.

We argue that a driver of digital transformation is ERP. You need to invest in software that is capable of giving you an up to date, real-time view of your company’s operations. The information should tell you what is working and what is not. It is essential to have almost-instant access to information such as this to aid critical decision making and problem-solving competencies. Don’t miss the boat!

Whether you choose an on-premise or cloud-based ERP solution will be dependent on your company and the factors associated with each. Cloud-based options usually have a lower upfront cost. However, the success of a deployment relies on both the capability of the data centre’s offering and your availability to a suitably fast and consistent internet connection. On the other hand, on-premise solutions are arguably more secure because the hardware is installed locally and can be more closely monitored. There are many other comparisons between the two which you will consider when drawing up your requirements.

Collectively connected

Business transformation will only pay off with the right tools to do the job. We understand that business is continually changing and it can be hard to keep up. Your next software upgrade needs to align with your business strategy and goals. You’ll want improved customer service and better operational productivity and efficiency. ERP software enables a business to connect people, data and processes to get the job done more productively and often in less time, usually saving costs.

If you are looking for streamlined workflows and a better experience for both your employees and customers, then you could completely transform the way you do business in the new digital world. Of course, it's not as easy as just that. Many companies struggle with digital transformation as it requires changing many processes throughout an organisation, which can cause unrest. Working with a consultant will lead your business leaders in the right direction to encourage your staff to embrace new ways of working; we will show you the bigger picture.

Inconsistent data

Do you ever find that you are hesitant in making an important business decision as you aren’t sure that you trust the data to hand? Various studies report that nearly 9 out of 10 spreadsheets (88 per cent) contain errors. We’ve all done it; it’s a matter of fact, we have all created personalised worksheets at one time or another. This practice results in multiple versions of the truth. Teams are analysing the same sets of data and coming up with different outcomes. Departments are not aligned with one another or working towards the same goals. Your businesses data is inconsistent.

ERP software allows for systematic data retrieval and reporting. To ensure a successful transition with your employees, remember what we said at the beginning – digital transformation is not something that should sit with the IT department.

Include all of your staff in the requirements analysis process in the beginning. Set your strategy and explain the reasons for the change from the outset, and you will receive a lot less resistance. Arrange a training schedule at the start and at any necessary times when updates occur. Your staff will see that as the business grows, so does the piles upon piles of spreadsheets. Consequently, this causes an increasingly stressful bottleneck for decision-making, for both you and them.

The cost of doing nothing

If it’s not broke, don’t fix it? Wrong. Investing in a digital transformation strategy is paramount for any 21st-century business, one that is wanting to be successful. Don’t wait for the cracks to start showing before taking the initiative. Transforming your company does not happen overnight. It takes months, sometimes years to fully integrate a new solution and have it working to suit your requirements.

Here are some examples of what may happen when you do nothing:

Your competitors outdo your companyTime-consuming manual data entry continuesSupport for legacy systems terminatesNever ending firefightingLow employee moraleStart your journey today

The term ERP first came about in 1990, but its the origins were way before then. You may think that if you embraced it back then that you are still on your game. Remember that businesses change day-to-day now because of digital transformation. What worked for you in 1990 is probably not working for you currently.

Digital transformation is enabling SMBs to operate just the same as industry leaders. The technology is there you; it’s up to you to leverage it in the right way for your business.

Kayleigh Ogley, Marketing, GradientImage Credit: Wright Studio / Shutterstock

Read More

Leave A Comment

More News

Latest ITProPortal news

Foxconn president resigns to run for office 2019-06-21 08:00:29He wants to focus on his presidential campaign.

Google confirms it's leaving the tablet business 2019-06-21 07:58:09It's throwing everything it has into the laptop business.

US city votes to pay ransomware demand 2019-06-21 07:30:31Riviera Beach can't catch a break.

iPaaS: The true digital transformation enabler 2019-06-21 07:00:33At the heart of any digital transformation project is the same principle – getting access to data and managing that data effectively.

5G can help start ups compete better 2019-06-21 06:30:585G could give birth to a whole new wave of start-up businesses, who would leverage the technology to compete better against well-established players i

Leaked passwords are only the tip of the 2019-06-21 06:30:45The true cause of the problem isn’t what one company does or doesn’t do with their security, but the underlying premise that personally id

The rise of voice commerce 2019-06-21 06:00:46This is a burgeoning trend that could be a huge market in the very near future.

IT issues creating workplace "black hole" 2019-06-21 06:00:33Employees are losing hours fixing stuff around the office.

GDPR compliance: is your business at risk of 2019-06-21 05:30:57Since the introduction of GDPR last year, small businesses have faced increased pressure to develop and alter their existing policies in line with the

How continuous deployment can help you keep pace 2019-06-21 05:00:10With every company now a software company, here's how continuous deployment makes you stand out from the crowd.

Keeping up with digital transformation: Is your ERP 2019-06-21 04:30:46Digital transformation need not be a scary term, but the foundation of your ERP strategy.

Why the jewellery sector is in major need 2019-06-21 04:00:07How blockchain and modern technology has helped to change the way the sector is functioning.

TechRadar: Internet news

The best student laptops: all the best options 2019-07-03 14:17:34The best laptops for college students – everything from Chromebooks to the new Dell XPS 13.

GTA 6: all the latest news and rumors 2019-07-03 14:05:37Now that Red Dead Redemption 2's development is over, we can't help but speculate about Grand Theft Auto 6...

God of War 2 PS4: everything we know 2019-07-03 14:04:28We've gathered all the rumors and news surrounding the God of War sequel.

Shenmue 3: release date, trailers and news 2019-07-03 13:36:18Here's all we know about the long-awaited Shenmue 3 so far, with the latest trailers.

The best Ultrabooks 2019: top thin and light 2019-07-03 13:35:34We've put together a definitive list of the best Ultrabooks.

Nvidia GeForce RTX 2060 Super vs RTX 2060: 2019-07-03 13:33:13How much has the RTX 2060 Super improved upon the original RTX 2060? We investigate.

How to get rid of spyware forever 2019-07-03 13:30:45Tactics for keeping spyware at bay vary by device and operating system. However, having antivirus installed are prerequisites.

The best gaming PC 2019: 10 of the 2019-07-03 13:07:14Equipped with the latest processors and graphics cards, these are the best gaming PCs of 2019.

Chinese officials reportedly installed spyware on tourist phones 2019-07-03 13:05:26Border agents have begun to snoop and install spyware on the smartphones of travelers trying to enter China's Xinjiang region.

The best monitor 2019: the top 10 monitors 2019-07-03 12:41:29We've dug deep to find only the best monitors in the US, UK and Australia.

Disney Plus price, release date, shows and movies 2019-07-03 12:33:59Disney Plus will include exclusive shows and movies from the Marvel, Star Wars and Pixar universes – as well as The Simpsons.

Samsung Cloud storage: Everything you need to know 2019-07-03 12:33:34Check out the cloud storage option that’s present on all Samsung smartphones and tablets.

TechCrunch » Enterprise

Equinix and Singapore’s GIC will launch a $1 2019-07-02 00:20:35Equinix, one of the world’s largest data center companies, announced that it will form a $1 billion joint venture with GIC, Singapore’s so

Video platform Kaltura adds advanced analytics 2019-07-01 15:15:26You may not be familiar with Kaltura‘s name, but chances are you’ve used the company’s video platform at some point or another, give

We’ll talk even more Kubernetes at TC Sessions: 2019-07-01 12:00:58You can’t go to an enterprise conference these days without talking containers — and specifically the Kubernetes container management syst

Tara.ai, which uses machine learning to spec out 2019-07-01 06:09:59Artificial intelligence has become an increasingly important component of how a lot of technology works; now it’s also being applied to how tech

Enterprise SaaS revenue hits $100B run rate, led 2019-06-28 11:48:44In its most recent report, Synergy Research, a company that monitors cloud marketshare, found that enterprise SaaS revenue passed the $100 billion run

We’re talking Kubernetes at TC Sessions: Enterprise with 2019-06-27 12:48:01Over the past five years, Kubernetes has grown from a project inside of Google to an open source powerhouse with an ecosystem of products and services

Fellow raises $6.5M to help make managers better 2019-06-27 11:21:30Managing people is perhaps the most challenging thing most people will have to learn in the course of their professional lives – especially beca

Fungible raises $200 million led by SoftBank Vision 2019-06-27 11:00:24Fungible, a startup that wants to help data centers cope with the increasingly massive amounts of data produced by new technologies, has raised a $200

Cathay Innovation leads Laiye’s $35M round to bet 2019-06-27 10:22:46For many years, the boom and bust of China’s tech landscape have centered around consumer-facing products. As this space gets filled by Baidu, A

Amperity update gives customers more control over Customer 2019-06-27 09:03:26The Customer Data Platform (CDP) has certainly been getting a lot of attention in marketing software circles over the last year as big dawgs like Sale

Bright Machines wants to put AI-driven automation in 2019-06-26 11:16:00There’s a mythology around today’s factories that says everything is automated by robotics, and while there is some truth to that, it&rsqu

Vulcan Cyber announces $10M Series A to automate 2019-06-26 09:20:42Many software vulnerabilities are already known, and vendors have even issued patches, but the problem is there are so many patches that it’s of

ExtremeTechInternet –

SpaceX Lost Contact With 3 Starlink Satellites 2019-07-01 14:32:03Losing three satellites in a matter of weeks doesn't sound great, and indeed, it would be preferable if none of them failed. However, SpaceX CEO Elon

Udemy Class Review: Rocket Engineering and Interstellar Space 2019-07-01 13:02:48Udemy’s Rocket Engineering and Interstellar Space Propulsion course provides a considerable amount of information on both topics crammed into a

Microsoft Adds Tracking Prevention to Latest Chromium Edge 2019-06-28 14:07:34The latest feature to appear in a pre-release build is tracking prevention. You'll have to tinker with the settings to turn it on, but the process sh

How Shipping a Huawei Phone Via FedEx Made 2019-06-26 16:11:42How a Huawei phone and a FedEx delivery turned into an international incident. The post How Shipping a Huawei Phone Via FedEx Made International News

Udemy Class Review: The Foundations of Computer Design 2019-06-26 11:01:13We look at Udemy's The Foundation's Of Computer Design course to see how well it performs its job of teaching the basics of computer design. The pos

Firefox Zero-Day Used to Install Mac Malware 2019-06-21 17:43:28Mozilla issued an emergency Firefox patch earlier this week, citing a dangerous zero-day exploit. Because it believed hackers were exploiting the flaw

‘Reset’ Nest Cams Could Still Send Video to 2019-06-21 08:36:26The Wirecutter confirmed with a Nest Cam that, yes, Wink retains access to the camera after a reset. This is the case even if someone else sets up the

A Rogue Raspberry Pi Let Hackers Into NASA’s 2019-06-20 12:26:28NASA’s Jet Propulsion Laboratory (JPL) works with some of the most advanced technology in the world including Mars rovers and space telescopes.

Mozilla Issues Emergency Zero-Day Firefox Patch 2019-06-19 15:50:22Mozilla advises all Firefox users to update to the latest version of the browser as soon as possible. The company has just become aware of a zero-day

Protect Your Online Privacy With the 5 Best 2019-06-17 12:21:48Investing in a VPN is a smart choice right now, but the options are vast. To help narrow things down a bit, we've rounded up five of our very favorit

People Aren’t Patching for the BlueKeep Windows Exploit, 2019-06-06 13:32:22Now even the NSA is getting worried that the so-called BlueKeep flaw could result in a dangerous worm that spreads across the globe, wreaking havoc on

Microsoft Says Forced Password Resets Don’t Improve Security 2019-06-04 13:07:28For decades, the baseline password practices Microsoft provided to customers suggested forcing employees to change their passwords every 60 days. Acco

Disclaimer and Notice:WorldProNews.com is not responsible of these news or any information published on this website.