The Risks of AI to Your ERP - The ERP Advisor Ep. 89

As ERP technology continues its rapid advancement, businesses running on legacy ERP systems find themselves overwhelmed by the lingering need to address the elephant in the room: is it time for an upgrade? The conversation can be daunting with concerns surrounding potential workforce response to the disruption and fear that a change would render the current system’s specialized functionality useless. But in the digital age, companies not rising to the occasion risk becoming obsolete as a resu...

7 Okt 202256min

NetSuite wasted no time making significant product announcements at its annual SuiteWorld conference. First, Oracle NetSuite unveiled NetSuite AP Automation which embeds banking services into a cloud ERP system to help organizations improve profitability by making it easier and faster to process bills and pay vendors all from within NetSuite. NetSuite went on to announce NetSuite CPQ to enable sales teams to quickly configure, price, and quote complex products with complete accuracy and relia...

4 Okt 20223min

This week at Dreamforce, Salesforce’s user conference, Salesforce introduced Genie, a hyper-scale real-time data platform that powers the entire Salesforce Customer 360. Genie unifies all of a company’s customer data across channels and interactions into a single, real-time customer profile, so every experience across the Customer 360 is more automated, intelligent, and real-time. Microsoft made a few announcements this week, beginning with its board of directors declaring a quarterly dividen...

28 Sep 20223min

Several exciting announcements were made regarding the application enhancements of Workday products, with new innovations to help power a new era for the office of the CFO through new machine learning capabilities, increased performance and scalability in planning, and deeper insights into the supply chain, enhancements to Workday’s HR solutions allowing customers to gain deeper insight into workforce skills and deliver more personalized employee experiences, and new customer support solution...

21 Sep 20224min

Deltek, a global provider of software and solutions for project-based businesses, quickly rose to notoriety, by providing solutions for advanced project intelligence, management, and collaboration. Deltek puts an emphasis on the people who make an organization, specifically developing products for government, field services, and professional services industries. In this episode of The ERP Advisor, we dissect Deltek’s professional services solutions to educate listeners on its position in the ...

15 Sep 202220min

Workday held its annual customer conference, Workday Rising, where it made a couple of major business announcements. First, Workday launched Industry Accelerators, the initial set of which will be targeted at helping banking, healthcare, insurance, and technology companies speed up their enterprise cloud transformation efforts. These initiatives will assist Workday customers in delivering even more innovation and purpose-built solutions through their finance, HR, planning, and supply chain op...

13 Sep 20222min

The process leading to a company's Initial Public Offering (IPO) is extremely tedious, as leaders must ensure the company meets financial reporting compliance requirements while also using extensive financial analysis to demonstrate the appeal of the enterprise to potential investors. Many private companies upgrade to a new ERP prior to going public to instill the highest amount of investor confidence in their financial statements; but how can users decipher between their needs and the requir...

9 Sep 202237min

SAP announced significant leadership changes with the appointment of Lloyd Adams as President of SAP North America, effective as of September 1st, and the announcement that Dominik Asam from Airbus will take over as SAP CFO and member of the Executive Board of SAP SE on March 7, 2023. This comes as no surprise with the related big news in the enterprise software space this week being that cloud-native Salesforce dislodged legacy provider SAP as the world’s biggest producer of enterprise appli...

8 Sep 20223min