Why Your ERP Selection is Critical? 5 reasons to answer that question

Posted by: BusinessDNA 14/02/2020


Let’s face it: being a CFO these days is not what it used to be. The role of the chief finance function has evolved beyond the narrow financially-centric viewpoint. Today, it involves providing strategic visionary leadership alongside the CEO. Financial tools that once worked are now falling short for meeting these changing needs, which now include deeper insights into business intelligence, metrics, reporting and analytics all in real time and at your fingertips. So what are your options? Sound investment and selection of the right ERP solution is a game changer for this new brand of strategic CFO. It can provide a powerful way to gain sharper insights that drive both the company’s growth and bottom-line agenda. Here are a few of the benefits that accrue from having the right ERP solution: End-to-end company visibility – Of all key fundamentals: financials, inventory, operations, sourcing/supplies, service/support obligations and statuses, etc. Decision-making support – Access to data, metrics and reporting provides the ability t...

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Learn how Data Visualization Adds Value to Your Business

Posted by: BusinessDNA 02/02/2020


Opinions vary around the usefulness of data visualization in making informed and strategic business decisions. If the data visualization adds value and insights it can be very useful to businesses. But if not it is just colorful ‘’noise ‘’. I have had some “wow” moments with this where the visualization dashboard has given deep insights and strategic connections and created new and effective strategies. But let us take a step back and look at the rationale behind data visualization. There can be no question the amount of data being created each year continues to grow at a geometric rate, with trillions of gigabytes being generated. Yet, for all the data that’s being created by people, machines, Internet-enabled devices, and other sources, data doesn’t provide executives and other decision makers with valuable insights on its own. The data must be gathered, made interpretable, and then analyzed and acted on to provide any meaningful strategic value. Data visualization tools and techniques offer executives and other knowledge workers...

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Organizational Culture and ERP, the inevitable relationship.

Posted by: BusinessDNA 02/01/2020


A great company culture is no longer optional. Today’s employees expect nothing less and regard it as strongly as they do salary and other benefits. Company culture is simply the personality of a company coupled with the core values and ethics, which then supports that company’s processes and procedures. Company culture is the backbone for what an organization does as a collective team to reach an ultimate goal.Impact of ERP on Culture. Organizations need technology to improve information flow, reduce costs, streamline processes, offer product variety, link with suppliers, and reduce response time, and to remain relevant and competitive. ERP is the backbone of business intelligence for an organization, giving managers an integrated and holistic view of all processes. It effectively coordinates the instrumental actions within the business, converting the company’s culture to one primarily supported by technology. This technology empowers employees to do their jobs better and more efficiently, boosting employee morale and contributin...

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The Cloud Vs On Premise Choice

Posted by: BusinessDNA 24/12/2019


Nowadays there is no shortage of articles that promote Cloud ERP systems and pontificate the impending demise of on premise ERP systems and ‘don’t trust your data to the Cloud’ worries.  What pains me with these articles is the blatant misuse of facts, misquoted Gartner predictions and the level that irresponsible ERP providers will go to in authoring their own articles, which then turn out to be nothing but ‘fake news’ or ‘click bait’ to help promote the sale of their own ERP system. Before any business can constructively recommend a Cloud or On Premise solution without any bias, they must first engage in dialog with the ERP purchaser in order to understand and consider their requirements.  This dialog must ensure full coverage of the associated risk and rewards associated with purchasing a solution for running on either of the platforms. The typical dialog we witness would normally go… Up Front Cost Vs SaaS (Software as a Service) and Upgrades 

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