Just as your brain controls your body's different parts based on the information it receives on their strengths, weaknesses and abilities, an ERP system does the same as it integrates different departments or functions across a company in a centralized manner.
Enterprise resource planning (ERP) systems have become popular in changing businesses for the better. ERP empowers companies with real time access to information, and allows them to make quick business growth decisions. Yet, it should be noted that ERP solutions are not utility applications, rather, they directly impact the business. This implies that the methodology to designing solutions, implementation and maintenance have to be carefully managed in order to reap the full capabilities of an ERP deployment.
Are you considering to migrate to a cloud ERP solution, especially in these times of business challenges? At times, it can be difficult to determine the right time for such an upgrade? Here are a few key points that can help you make informed decisions when planning to upgrade your ERP system to the cloud.
Much can be said about loyalty, it's a positive quality to possess in life. However, in the business world, applying loyalty to an outdated system can be detrimental to your business. The business language uses the term - legacy systems - which refers to systems that have been operating for a long time (at least a decade), despite continuous progress in software.