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 2024
2023 didn’t turn out to be the year we expected. It was full of ups and downs. While some positive indicators suggest promise for 2024, ongoing uncertainty is anticipated until a potential interest rate decrease in H2 of the following year. This uncertainty is poised to directly influence digital transformation trends, leading CFOs to adopt
Top 10 Implications of Failed Digital Transformation Initiatives
Most new executives underestimate the implications of failed digital transformation initiatives, not taking them seriously until they go live on the solution. But unfortunately, just like baseball, the ERP projects bite the unprepared the most. The more planning you do, the higher chances you have of predicting various sliders and handling them. As with baseball,
Top 10 ERP Maturity Stages
Getting the hang of the ERP implementation process takes time. Just the way it’s practically impossible to get a Ph.D. as soon as you enroll in a school, it’s also not pragmatic to get to one of the highest ERP maturity stages on your first attempt. In fact, you should not aim for that, as
Top 10 ERP Implementation Types
Going through an ERP implementation is like heart surgery for your business. And just like with surgeries, everything matters your body type (your business model), your psychological state (the changes in the state of your business with time), doctors (ERP consultants), doctor’s expertise (their skillset and experience), equipment (ERP solution), procedure (implementation approach), and the
Top 10 Deliverables for Enterprise Digital Transformation Readiness
Marrying without planning is likely to be a painful journey, with consequences as severe as personal bankruptcy. Just like planning for your marriage, the enterprise digital transformation readiness step is not optional. It’s mandatory to avoid implementation disasters — and post-implementation disruptions. The more preparation you put in, the less painful the journey gets, with
Top 10 Reasons Why First ERP Implementation Projects Fail
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 Systems In 2024
Non-profit organizations face ERP challenges distinct from inventory-centric businesses. Their diverse models, incorporating complex features such as membership types, grants, and intricate workflows, vary across verticals. Educational and healthcare non-profits, for instance, may necessitate different processes than city governments. Associations and membership communities also differ from foundations and elderly care groups. Vanilla ERP systems lack
Top 10 Cloud ERP Systems in 2024
Cloud ERP systems exhibit a broad spectrum, ranging from those disguising outdated backends as cloud-based to extreme cases deploying on-prem code bases in data centers, asserting a ‘web link’ qualifies as the cloud. Untangling this complexity requires an understanding of diverse layers and factors that define the cloud, encompassing both technical and financial aspects. In easier
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
Most retailers understand the benefits of digital transformation. They are also good at crafting strategies for such initiatives. However, 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