How to Measure Digital Transformation Results and Value Creation
Most organizations aspire to achieve success in their digital transformation endeavors. However, many of them struggle to grasp the true meaning of success in this context. Therefore, the primary focus of this discussion is to define the concept of digital transformation success.
Top 10 ERP Systems for Finance and Accounting [G/L, Reporting, Consolidation, Treasury, etc.]
Finance and accounting play a crucial role in ERP systems, serving as core fundamental back-office functions essential for seamless ERP operation and complete integration of the entire operation.
However, not all systems out there handle finance and accounting equally well. Some are exceptionally strong in these areas, while others may not be as proficient. If you are searching for a system that excels in financial planning and analysis, general ledger and accounting, treasury, tax, or anything related to finance, the following list comprises the top 10 systems you should consider.
These systems have proven to be reliable and effective in supporting finance and accounting functions within ERP environments.
Why Do ERP Software Implementations Fail? [Top 5 Root Causes of ERP Failures]
While technology and the world have undergone significant changes, companies continue to struggle with their ERP implementations. Today, I aim to delve deeper into this issue, exploring the common root causes behind ERP implementation failures. Moreover, I will provide insights into what you can do differently to ensure the success of your project. Fortunately, this is not rocket science, and there are no major surprises. By understanding these root causes and actively avoiding them, you can significantly increase your chances of success while minimizing the risk of failure
Debunking Common Myths About Organizational Change Management During Digital Transformation
Over the years, my experience in change management has consistently fascinated me. It is a discipline that is frequently misunderstood and often overlooked. Even when it does receive the attention it deserves, numerous misconceptions and myths surround it. Today, I will discuss the five most common misconceptions you should be aware of regarding change management.
How Artificial Intelligence is Fundamentally Transforming ERP Systems (and Vice Versa)
Given the various directions AI is taking, it has become an area of significant interest and investment, with extensive research and development efforts. In light of this, our focus today is to examine how AI is impacting ERP software and provide you with essential insights when considering potential ERP solutions.
What Are the Alternatives to Traditional ERP Systems? [Death of ERP Software, Part II]
ERP software may not be the appropriate solution for your organization’s digital transformation. However, it is important to explore alternative options and determine what the right answer might be. If you choose not to deploy an ERP system, there are various alternatives available. It is important to maintain an open mind and explore alternative options […]
What are the Best Alternatives to SAP S/4HANA? [Top ERP Systems to Compare to SAP]
A large subset of our client base evaluates SAP S/4HANA as part of their digital transformation strategy for the 2020s and beyond. However, many clients often inquire about alternative options beyond SAP. These inquiries primarily come from larger organizations, multinationals, and complex organizations aiming to scale and standardize their operations. They often perceive SAP as their best or only option. Therefore, today, I would like to discuss the top alternatives and options comparable to S/4HANA that you should consider as part of your digital transformation strategy moving forward.
Learning From 3 Digital Transformation Strategies [Detailed Examples and Case Studies]
I will summarize three key areas: business process management, organizational change, and technology. The technology aspect encompasses not only enterprise applications but also solution architecture, business intelligence, and analytics. I will discuss these three areas and provide a few examples based on real scenarios with some of our current clients. While I won’t mention the organizations by name, I will describe their situations and the strategic considerations and variables involved.
Understanding How Human Psychology Leads to Resistance to Change During Digital Transformation
When assisting clients in their digital transformation journeys, we are often requested to help manage change, particularly addressing the human aspect of change and resistance to it. This involves ensuring employee adoption, buy-in, and understanding of the transformation objectives and goals associated with the project. However, it is common for organizations and their employees to resist change. Despite envisioning a utopian future, when it comes to implementing the change, people inevitably resist it. Today, I will discuss a basic psychological framework that explains why people resist change. Additionally, I will explore strategies to mitigate risks and overcome psychological challenges within organizations.
Why Digital Transformations Are Failing at an Alarming Rate
Digital transformations are failing at an accelerated pace. In fact, the failure rate has reached epidemic proportions within the industry. It is important to understand why these failures are occurring more frequently over time and explore potential strategies for mitigating the associated risks.
Defining Future State Strategies and Business Processes in Digital Transformation
When assisting clients with their digital strategies, one of our initial inquiries is to understand their desired outcome and future state for their organization and operations. We must clearly articulate and define our desired future state for the organization, operations, and people involved in the digital transformation. That’s what we will be discussing in this article.
Top 10 Lieferkettenmanagement Systeme (SCM)
Lieferkettenmanagement war ein heißes Thema, als ich meine berufliche Laufbahn in den 1990er und frühen 2000er Jahren begann. Unternehmen aus den Bereichen Produktion und Vertrieb legten den Schwerpunkt auf die Auslagerung von Funktionen an andere Standorte auf der ganzen Welt, was zu einer großen Nachfrage nach Geschäftsprozessmanagement und der Verbesserung globaler Lieferketten führte.