The ERP Advisor

Last week, reliable sources confirmed that IFS acquired P2 Energy Solutions, a software and data solutions provider for upstream oil and gas, including financial & accounting management software, geospatial data, land asset management tools, and well lifecycle management solutions. Blackbaud will ring the closing bell at Nasdaq to celebrate the 10th anniversary of GivingTuesday, the global movement focused on spreading generosity on the Tuesday following Black Friday and Cyber Monday. We ...

30 Nov 20222min

Sage announced its full-year 2022 financial results, which ended September 30, 2022. Organic recurring revenue growth was 9%, underpinned by Sage Business Cloud’s growth of 24%. The organic operating margin also increased to 19.9%, with an underlying basic EPS growth of 8%. Microsoft and Lockheed Martin announced the expansion of their strategic relationship to help power the next generation of technology for the Department of Defense (DOD). This agreement will span across four critical areas...

23 Nov 20223min

Aptean made yet another acquisition of ImPuls AG, a provider of enterprise resource planning solutions to apparel, footwear, accessories, and textile brands and manufacturers. NetSuite announced new innovations to help organizations in Brazil run more efficiently and increase the bottom line with new SuiteSuccess financial management solutions and localization capabilities. Microsoft announced the Microsoft Supply Chain Platform, to help organizations maximize their supply chain data estate i...

15 Nov 20224min

Unfortunately, businesses often find out far too late that they are required to customize their ERP which can be a slippery slope. Some customizations can have major productivity increases, but over-customization can force a system into a corner, making it obsolete or inflexible when it comes to future upgrades and usability. Usually, out-of-the-box functionality can deliver on the needs of an organization without the addition of over-the-top customizations, but where is the line between need...

14 Nov 202239min

NetSuite announced that it was recognized by Inc. Business Media in the inaugural Power Partner awards which honor B2B organizations that support startups across all business functions and empower growth. UKG announced its acquisition of Quorbit, the U.K.-based startup specializing in long-term workforce planning solutions for people in frontline and hourly roles. This acquisition will help organizations achieve new levels of operational excellence by bringing together strategic planning with...

9 Nov 20222min

SAP announced its financial results for the third quarter ended September 30, 2022. Highlights from SAP included the increase of Cloud revenue by 38% to approximately 3.3 billion euros, SAP S/4HANA's current cloud backlog up by 108%, and IFRS cloud gross profit up by 44%. IFS continues its 2022 momentum with strong financial results for Q3 year-to-date ending September 30, 2022. IFS’s annual recurring revenue increased by 38% year-over-year, with Cloud revenue growing at 104% versus 2021 Q3 y...

2 Nov 20222min

Ransomware continues to be an ever-expanding threat to ERP systems around the world, especially when organizations fail to educate employees on behaviors leaving their information more susceptible to malicious software. While better practices can lessen ERP vulnerability, the structure of an ERP system, whether on-premises or in the cloud, can also impact the effectiveness of ransomware in capturing sensitive data. In this episode of The ERP Advisor, special guest, Security Awareness Advocate...

31 Okt 202251min

Oracle took advantage of its CloudWorld conference last week to make multiple announcements regarding product enhancements, expanding capabilities, and a new region for Oracle Interconnect. Epicor announced a variety of features in its Fall 2022 release for Epicor Kinetic for Manufacturing, part of the Epicor Industry ERP Cloud portfolio. The updates include deep-industry-specific functionality, improved API connection between Epicor Kinetic and Epicor Advanced MES, improved financial reporti...

26 Okt 20225min