ARCHIVE FOR THE ‘enterprise-resource-planning’ CATEGORY

Findings from end-user evaluation reveal Enterprise Resource Planning can deliver value benefits beyond operational efficiencies.

New, qualitative research from analyst firm IDC has finally dispelled the misperception that enterprise resource planning (ERP) systems only deliver value in the form of operational efficiencies, with respondents to an independent study citing benefits such as better sales team performance, the ability to bid for more business, improved net promoter scores (NPS), winning more deals and keeping customers for longer.

While some enterprise software buyers still struggle with justifying large projects like an ERP selection and implementation, worrying about the risks, costs, and disruption, many have now realised that there are these significant benefits to be had, and by working with a trusted partner they can reduce time-to-value and realise these benefits much sooner than they thought. Indeed, the IDC study found that the average amortisation period for IFS Enterprise Software was just 15 months – less than half the industry average.

IFS recognises that enterprise software and ERP project owners because they have a lot of weight on their shoulders to show the benefits of such enormous projects – and do so quickly. And while most vendors resort to a simplified return on investment (ROI) calculation, IFS is now adopting a radically different approach to demonstrating value. By listening to customers and getting closer to their businesses early in the sales cycles, they are now able to produce a more holistic and detailed business case during the evaluation phase based on the customer’s long-term goals. This can then be used to measure success once the project is complete.

The end-user evaluation also shows that for the average customer IFS Enterprise Solutions deliver net productivity increases of over 18% and adds over $25m in revenue each year. In IFS’ view, this paper sets the standard to which the rest of the enterprise software industry should be held to. 

Ultra Consultants, Inc., an independent research and enterprise solutions consulting firm serving the manufacturing and distribution industries, today announced the availability of a complimentary ERP Toolkit eBook.  The in-depth eBook provides comprehensive ERP education to help teams work effectively through business process improvement, enterprise technology evaluation, selection and implementation. The resources curated in the eBook draw upon Ultra’s decades of expert methodologies and deep knowledge of manufacturing and distribution.

Developed for project teams at manufacturing and distribution organizations considering an active ERP project, the ERP Toolkit delivers in-depth educational resources, including videos, white papers, podcasts and more.

Project teams are invited to download the ERP Toolkit eBook to prepare for 2019 planning.

Key resources include:

• Educational assets to get started and plan for an effective technology project
• Tips to organize a project, reduce risk of failure and drive change management
• A curated guide to help teams understand what it takes to evaluate, select and implement enterprise technology

“The decision to upgrade or implement a new enterprise technology system is likely one of the most complex and resource-intensive initiatives a company will face. The manufacturers and distributors we speak with have told us that it’s difficult to understand how to begin an enterprise technology project,” notes Ultra Consultants Founder and CEO Jeff Carr. “This toolkit gathers insight and leverages Ultra’s unique perspective as trusted, independent advisors serving manufacturing and distribution teams. We encourage project teams to download the eBook for insight specific to their organizations.”

Be social and share...