Some consultants have suggested low code could be your next ERP. This article takes a contrarian position and explains why writing an ERP system is not a good idea even with low code tools.
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When companies want to replace an outdated ERP system, there is a lot at stake. These are high-risk projects that regularly fail. If you peel away the layers, what is the most root cause of the problem?
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When it comes to doing anything, you need to decide WHAT you want to do before determining HOW to do it. If you start with HOW, you risk falling into the trap of “I have a hammer, so everything is a nail!”
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While most companies and consultants approach purchasing enterprise software from an IT perspective, we have found that approaching it from a business perspective yields far better results for the bottom line.
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When considering an enterprise software purchase, people usually think of selecting the software. While that is an essential part of the process, there is more that must be done both before and after the selection to ensure the software delivers the desired business value.
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All enterprise software, especially ERP, eventually becomes functionally obsolete. Here’s a simple litmus test that helps you decide if your software is no longer up to the job and needs replacing.
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Cut through the hype and in plain business language see what the cloud is, and why CEOs, CFOs and COOs should pay attention to it when deciding on major enterprise software purchases like ERP.
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Given the rapid rate of innovation in the software field, the costs of obsolete software systems are usually far higher than realized. The only way to know for sure is to estimate that cost.
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Many companies think they know how to purchase software when in reality they have no idea of how little they know about the process! This article looks at the five places where money is squandered when making enterprise software purchases.
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The corporate procurement process traditionally focuses on achieving the best purchase price. While this may be the right approach when buying commodity items, when it comes to buying enterprise software like ERP it is completely wrong. A far better approach is to focus on the value provided by the software rather than its price.
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Companies embrace cost-cutting and, at first, it delivers as expected. But after that, it is a case of diminishing returns.
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For private equity firms that invest in their portfolio companies, the question is this: What software investments will generate the best ROI with the lowest risk?
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Software publishers are negotiating contracts every day, but software buyers only do this occasionally. Phil Downe of IT Negotiations.com shares his experiences of negotiating software licensing and contracts, and how software publishers extract revenue from unwary customers.
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