18
Aug

4 Risks You Take Every Day without a Single Version of the Truth

Winston Churchill once said, “The truth is incontrovertible. Malice may attack it, ignorance may deride it, but in the end, there it is. Churchill was known for his leadership skills during the darkest days of World War II, but he most likely never had to work in an office with several people all claiming that their numbers and figures were The Truth.

Today, it’s a common scenario that multiple voices clamoring for supremacy. It’s also a highly problematic situation which can lead to risks. Read on to learn the four risks you take every day without a single version of the truth.

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15
Aug

You Take This One Risk Every Day without a Single Version of Truth

Would you describe yourself as risk-averse or open to risk? You might think you fall into the first category, but if you’re not working with a single version of the truth, you’re taking a number of risks. The first and most apparent risk is that your data will be riddled with inconsistencies and inaccurate data.

Inconsistencies and inaccurate data cause several problems for your company. Read on to learn how having a single version of the truth can prevent this situation from arising and causing irreparable harm.

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8
Aug

How a Single Version of the Truth Prevents This Risk from Plaguing Your Company

How many people at your company are convinced that their version of data (any kind of data) should be taken as the absolute, singular truth? If it’s more than one, you’ve got a problem.

In the business world, decision makers take action based upon the information they have at the moment. When there are conflicting sources of information, it’s exponentially more difficult to make any decision – right or wrong. Instead of making a choice, firms settle into inertia. Inertia is one of the risks companies face every day when they don’t have a single version of the truth, and it costs them money and hurts their reputations.

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2
Aug

Going, Going, Gone: When Tech Support for Your ERP Is Ending, It’s Time to Make the Switch

If you type the term “nothing lasts forever” into Google, you’ll get almost 2 million results. There are a number of books that come up and a couple of songs.

While it won’t come up in search results, the phrase “nothing lasts forever” also applies to tech support. Over time, tech support for legacy systems (including ERPs) becomes more and more expensive. Then, the manufacturer stops offering it. If this is the case with your ERP system, the end of tech support is good sign that you should invest in a new system.

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28
Jul

Is Your ERP System User-Friendly and Intuitive? If It’s Not, It’s Time to Switch

How many steps does it take to perform a single action in your ERP system? If you have to stop to think of the answer, that’s not a good sign.

When you first purchased your ERP system, software wasn’t expected to be user-friendly. The expectation was that it would do a certain job, no matter how difficult it was for humans to utilize it. That mindset has changed, and now user-friendly software that’s intuitive to boot is the norm. If your ERP doesn’t fit that description, read on to learn why it’s time to change it.

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25
Jul

Is Your ERP Functionality Limited? It Might Be Time for a New ERP System

When you first purchased your ERP system, you believed that it would transform the way you did business. Your ERP system would make you more efficient and competitive. A number of years have gone by – do you still feel that way?

Chances are that you probably don’t, and many of the system’s users share your sentiments. One of the biggest reasons for your change of heart is because your ERP system has limited functionality. Read on to learn why your ERP’s limited functionality is holding your business back, and why it’s a good time to switch to a new ERP system.

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18
Jul

Four Signs You’ve Outgrown Your ERP System

When you first purchased your ERP software, it might have been the latest and greatest thing on the market. Or, perhaps you felt forced into purchasing an ERP system because everyone else was doing it, and you thought you could derive a competitive advantage from it.

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14
Jul

The Benefits of Fit Gap Analysis

Before you implement a new process or solution at your business, you want to be certain that it’s going to work, you’re going to benefit from it, and you’re going to see a return on your investment.

Fit gap analysis is a problem-solving methodology. Through it, you identify gaps in your current business processes and then the solutions to fill them. The benefits of using fit gap analysis are it can be used at any time, it gives you a clear, defined path to solve your problems, and it delivers greater efficiency to your organization.

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10
Jul

The Importance of Fit Gap Analysis

At companies, problems will crop up. It’s inevitable. Frequently, firms have outmoded and/or inefficient ways of working that prevent them from being agile and competitive.

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7
Jul

How ERP Systems Can Help You Overcome Real-Time Supply Chain Challenges

The real-time supply chain is supposed to be a boon to the enterprise: it provides greater visibility, you can make better decisions, and your risk management is improved.

However, the real-time supply chain isn’t completely free of problems. The benefits you reap from it diminish greatly if you don’t know how to use it. What’s the solution? ERP systems can help you overcome those challenges so that your firm remains agile and competitive.

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