Through a structured approach to business transformation, including optimizing your current business processes, defining vendor-agnostic enterprise architecture, and procuring new enterprise software systems across over 200+ categories such as CRM, ERP, HCM, WMS, TMS, or ecommerce.
Want to learn more about how independent advisors have a higher success rate with digital transformation initiatives?
With the vendor-agnostic, independent approach to digital transformation, ElevatIQ is your one-stop-shop for all your digital transformation needs, whether you need help optimizing current systems, selecting new software, implementing, or integrating them.
|
ElevatIQ helps assess and procure business systems (such as CRM, ERP, E-commerce, WMS, TMS, HCM, P2P, and MES) from over 2,000 enterprise software vendors. |
|
|
With over 200 successful digital transformation projects, ElevatIQ is uniquely positioned to build the digital process architecture for the next phase of your growth. |
How does this approach work?
Transforming a business model has never been easy. Through its unique approach, ElevatIQ takes a comprehensive approach to the process, information, and technology and helps implement new business models such as DTC, omnichannel, supply chain transformation, or industry4.0. Want to learn more about digital transformation expertise?
Feeling overwhelmed with technology acronyms? And not sure whether buying or building would be a better approach? And to make it more challenging, there is a massive overlap among most technology solutions with vendors incentivized to pull the architecture in their direction. So they can sell more of their software. Want to learn why architecture matters more than specific enterprise software solutions?
Struggling to find a firm equally deep in business and technology? Welcome to ElevatIQ! We comprehensively assess current systems by digging into contracts, architecture, vendor-owned IP, and legal obligations. Unlike other system selection consulting firms, we are also deeply involved during the implementation phase. We remain one point of contact for architectural execution, code reviews, change management, and end-user training.
Unlike 80% of the independent selection consultants and analyst firms who believe that they can save digital transformation implementation through a checklist, we don’t believe so. Instead, the success of digital transformation projects requires careful analysis of transactions and data models aligned with the business model.
ERP has never been the solution to all problems. Most companies need 5-10 other applications in their enterprise architecture. Unlike most independent selection consultants and analyst firms, our consultants have expertise in multiple categories of enterprise software systems, including CRM, ERP, HCM, E-commerce, WMS, and TMS.
Unless you have hands-on experience implementing several ERP systems in the market, they all appear alike. And these nuances are what make ERP implementation so challenging. ElevatIQ can make it easy for you: Our consultants have hands-on experience implementing most leading ERP systems.
Building a vendor-agnostic architecture requires drawing the data flows between different entities, departments, processes, and systems. It also requires you to identify the source of truth for each shared dataset. And a lot more! There are very few firms like ElevatIQ that have deep expertise in building enterprise architecture that scales.
80% of the business processes are relatively similar across industries. But it’s that 20% that makes or breaks digital transformation initiatives. These 20% processes are unique to micro-verticals and could cost millions of dollars with customization if not vetted by an expert like ElevatIQ.
Stuck with the outdated business model and not sure how to transform? Through its unique methodology, ElevatIQ can help whether you need help with DTC, omnichannel experience, industry 4.0, or any other latest trends that may be impacting your organizational performance.
ElevatIQ services include transformation readiness assessment and vendor-agnostic digital process architecture development; business process re-engineering, documentation, and design; digital roadmap and business case development; enterprise technology selection; requirement, project, and change management; RFP development and contract negotiation; enterprise software implementation, optimization, and training; and digital transformation project recoveries and expert witness.
Our digital transformation services include digital strategy and planning, business case development, enterprise software selection, solution and enterprise architecture design, data architecture and governance strategy, IT and software contract negotiation, and app modernization and custom development.
Our ERP Consulting services include ERP selection, business process reengineering, requirements management, vendor management and negotiations, ERP implementation, and ERP project recoveries.
Our business and technology advisory services include business process re-engineering, business process improvement, business process documentation, change, and project management, post-merger integration, and audit support.
Our Supply Chain Consulting services include supply chain and operations transformation, supply chain technology architecture, supply chain software selection, sales and operations planning, inventory, warehousing, and logistics optimization, and supply chain network design and footprint optimization.
Our eCommerce services include digital strategy roadmap, channel analysis, product profitability analysis, customer journey mapping, UX and conversion issues, eCommerce platform optimization, system integration, eCommerce platform selection, re-platforming, and contract negotiations.
Our methodology starts with the assessment of your current processes and architecture. This step is typically followed by a digital roadmap that will contain necessary changes that need to be made to the processes, data, and systems to be ready for the desired to-be state. Once the executive team and board agree with the changes and the plan, the action plan is drafted with a phased approach with the lowest hanging fruits and highest financial rewards. For example, the action plan could include ERP selection, implementation, or optimization of current systems.
Through the primary and secondary research, this assessment digs into your datasets, transactions, and processes to identify the core reasons for current challenges, a strategy to solve current issues, and a phased approach to execute recommendations.
This phase takes a deeper dive into the phase I identified in the previous step with the highest financial reward and least disruption to the business. It continues with the deeper discovery of current processes through workshops with key users and identifies processes and datasets that need to be re-engineered in the to-be state. Finally, this phase maps transactions and datasets that need to be exchanged in the to-be state across systems new or existing in a vendor-agnostic architecture.
This process identifies the critical success factors that are the major cost drivers for the implementation. How about their financial risks? Yes, that matters too. These factors are also the drivers for the demo script during the vendor reviews. This step provides clarity to the executive team so that you don’t make a wrong decision by focusing on unnecessary details and instead miss the most critical factors that will make or break your ERP implementation.
This step aims to perform the fit-gap analysis of each solution that is a front-runner. In addition, this exercise helps identify the configuration, implementation, and custom development effort required with each solution. Finally, this step also helps understand the total cost of the ownership and the ROI, along with any financial risks that need to be discussed and agreed upon before finalizing it.
This process coaches key stakeholders on the red flags with each solution, provides a matrix to help with decision making, and identifies the areas for cost savings through negotiation with each solution provider. This phase also vets the implementation plan from each vendor involved and creates a roadmap for implementation with clear roles and responsibilities for each vendor.
This step is repeated until the project achieves business value, user adoption, enterprise architecture compliance, and the functional completeness goals of the system. This step also monitors the budget for the overall project and communicates the pivot strategy at each step if we uncover any surprises during the pre-selection and selection phase. And throughout the process, the key users are involved in making critical decisions. So they own them and are committed to adoption.
This digital transformation report summarizes our annual research on ERP and digital transformation trends and forecasts for the year 2024.
