The manufacturing sector has one of the highest ERP implementation failure rates, sitting at around 69%. However, Enterprise Resource Planning systems have become essential for manufacturers to streamline their operations, improve productivity, and enhance decision-making. Knowing and planning for the most common ERP system implementation challenges can significantly impact whether…
The recent Optus Outage that began at around 4:05 am on a seemingly ordinary Wednesday morning, serves as a stark reminder of this fact. Spanning more than a gruelling twelve hours, this incident wasn't a fleeting inconvenience but a sharp jolt that exposed the fragility of dated legacy systems within…
June 25, 2024
How Cloud ERP Supports the Flexible Workplace
As Australia's businesses continue to embrace remote work, the need for technology that offers both flexibility and control is more apparent than ever. Cloud ERP for remote work has been the spearhead of this transition, enabling employees to tap into their company's suite of business functions from any corner of…
Cloud ERP, a modern and flexible approach to enterprise resource planning, should play a central role in your business' overall digital transformation strategy. With the increasing need for agility, scalability, and accessibility, cloud-based ERP systems offer several compelling advantages that can drive your business forward in the digital era. While…
July 30, 2024
ERP Challenges for Wholesale Distribution Companies
Wholesale distribution companies sit at a crucial juncture between manufacturers and retailers. This position presents numerous challenges that require adept management and robust systems to navigate successfully. Enterprise Resource Planning (ERP) systems have become essential tools for wholesale distribution companies. They help improve efficiency, streamline processes, and enhance decision-making capabilities.…
With increasing cost pressures across raw materials, machinery and human resources, manufacturing companies are looking for new and better ways to manage their production processes. Lean Manufacturing is not a new concept, but it is one that has gained significant traction in recent years. Lean Manufacturing focuses on eliminating waste…
Implementing an enterprise resource planning (ERP) system is a complex process that involves various components, including software installation and data migration. However, one critical aspect that is often overlooked is change management. Companies that are embarking on an ERP adoption journey must understand the importance of change management to ensure…
July 30, 2024
Gaining Better Business Insights: How NetSuite’s Dashboards and Analytics Drive Better Executive Decision Making
C-Level Executives across all functions need reliable and accurate insights to make informed decisions that drive growth and success. Whether you are the CEO, CFO, COO or CTO, NetSuite's robust dashboards and analytics tools provide executives with the critical information they need to understand their business, identify trends, and make…
The banking and finance sector is rapidly evolving due to technological advancements. Cloud ERP systems are a particularly disruptive innovation that can improve efficiency for banks and other financial institutions. This article will discuss the multifaceted advantages of cloud ERP systems, including operational efficiency, financial reporting accuracy, performance management, challenges,…
The vast world of data analytics focuses heavily on the process of data enrichment. This involves enhancing basic, raw data by adding more layers of detailed information, thereby making it more useful for analysis and decision-making. For instance, basic customer information can be augmented with real-time updates about shopping habits…