ElevatIQ Blog
Your #1 Blog Source for Independent, Vendor-Agnostic ERP, eCommerce, Supply Chain, Digital Transformation, and Industry4.0 Advice
Top 15 Digital Transformation Trends in 2023
The macroeconomic trends have a direct impact on companies’ cash position. And on their appetite to invest in long-term strategic projects. Simply put, the higher the uncertainty, the lower the cash. And unfortunately, 2023 is not going to be a year when we can finally be over with uncertainty. The inflationary pressures, supply chain snarls,
Top 10 Reasons why First ERP Implementation Projects Fail in 2023
The first-time ERP implementation project is like getting married for the first time. Over 50% of them are likely to end up in failure. Most savvy executives who have gone through multiple implementations share that it might take up to 6 implementations – to get tangible business results from ERP projects. But, unfortunately, just like
Top 10 Non-Profit ERP Software in 2023
Just because non-profit companies may not carry heavy inventory or require complex MRP runs, their ERP needs aren’t any easier. Consisting of unique business models with their membership types, grants, and complex operational workflows, each non-profit vertical might also differ in its needs. For example, educational and healthcare non-profits may have completely different workflows than
Top 10 Cloud ERP systems in 2023
Cloud ERP systems come in various shapes and sizes. So different that some run super legacy backends as outdated as RGP. Replacing only their front-end layer, these vendors have tried to fake their way into selling a cloud ERP system. The others are so extreme that they might deploy an on-prem code base in their
Top 10 Reasons Why Independent ERP Consultants are Like Your Real Estate Agents
Buying a house is easy. Anyone with common knowledge can buy. Anyone can figure out how many rooms or bathrooms they might need. Most people know how to select a color or texture on their own ( or maybe by making a few calls to their trusted friends). So why do we hire real estate
Top 10 Reasons for Retail Transformation Failure In 2023
Most retailers understand the benefits of digital transformation. They are also good at crafting strategies for such initiatives. But when it comes to execution and getting results with these initiatives, they struggle. And often result in retail transformation failure. But why? The short answer is: misalignment. Misalignment between strategy and execution. Misalignment between business and
Top 15 Retail Digital Transformation Trends in 2023
The macroeconomic trends directly impact retailers’ cash position. In the current conditions, we have declining sales (and consumer spending), making cash planning extremely challenging. As conditions worsen, a recession is likely. But it may be brief (or mild). And until confidence returns in the economy, retailers are likely to be conservative with any CapEx spending
Top 10 HCM Software In 2023
HCM software has a distinct place in the architecture. While some people think that ERP must host HCM processes as well, there are regulatory challenges. These challenges require you to have a dedicated HCM system in the architecture. In general, most smaller companies might not utilize HR software (and might be on payroll software). But
Top 10 Digital Transformation Roles in 2023
Looking for an ERP consultant who might be able to answer every question you might have? Well, unfortunately, just like different skill sets exist in a house construction project, ERP projects are no different with their need for digital transformation roles and skill sets. In fact, at a much bigger scale. Also, the more components
Top 10 Recommendations for Digital Transformation in 2023
Who would not like to find the “secret” recommendations for digital transformation? But unfortunately, with enterprise-wide transformation projects, there is not a checklist that can be followed. These projects require careful preparation and alignment of several areas. And they all, collectively, drive the success of your digital transformation projects. Also, with enterprise transformation projects, technology
