This category allows you to find ERP-related content on ElevatIQ.com
ERP pricing implementation is not as easy. It brings forth many challenges. Some of them include managing and integrating vast amounts of pricing data, ensuring pricing consistency across various platforms, keeping pricing information up-to-date in real time, staying compliant with industry regulations, and so on. The list goes on. When it comes to pricing, ERP …
Top 10 ERP Pricing Implementation Considerations Read More »
There are a lot of different ways of implementing pricing and discounting in ERP. But there’s always a debate in terms of which is the right system to implement. When we look at pricing, there are always going to be layers and layers of pricing rules. When we look across the industry, some people implement …
Top 10 Practices for Pricing and Discounting in ERP Read More »
In today’s evolving business landscape, ERP systems play an important role in streamlining operations, enhancing efficiency, and providing real-time insights to support decision-making. When it comes to ERP implementation, businesses often face a crucial decision: choosing between cloud ERP vs on-premise ERP. Each option has its unique advantages and drawbacks, and the choice largely depends …
If you can build the consensus as part of your ERP projects, your ERP implementation will likely be successful. Building consensus is always the first challenge. Since ERP implementations involve various teams and stakeholders, the challenges associated with it are multifaceted if everybody is not on the same page. What consensus does not usually represent …
Top 10 Strategies To Build Consensus Among ERP Teams Read More »
Traditionally, ERP systems lacked WMS capabilities due to technological and architectural differences. However, with the advent of cloud technology, modern systems now include basic WMS features for mid-market users, eliminating concerns about complex integration or the need for a separate WMS package. Nevertheless, companies, even with simpler operations, often outgrow these basic capabilities and find …
ERP contracts are not as straightforward. Depending upon the engagement structure (and different parties involved), the arrangements could vary, with serious implications on the outcome. These agreements include various elements, such as relationships and obligations of different parties involved, including licensing, pricing, implementation, support, and maintenance. They set the tone for your ERP initiatives. Misunderstandings …
The list of ERP business processes is endless and can seem overwhelming. However, not all these processes hold equal importance and can vary significantly depending on their interaction with the ERP system. While core processes tend to be consistent across most solutions, non-core ERP business processes vary considerably. Various factors influence whether a business process …
Top 10 Non-Core Cross-functional ERP Business Processes Read More »
ERP systems play an important role in streamlining the operations of a business. At the heart of these systems lie the core cross-functional business processes. Also, catering to the needs of different departments, these business processes are like building blocks for the organization to work smoothly. They include sequential activities across different departments to complete …
Top 10 Core Cross-functional ERP Business Processes Read More »
One misunderstanding that is prevalent among business owners is a simplified view of business transformation: choose a technology and implement it. How hard could it be? Well, as long as you know which technology will produce tangible business results. Most importantly, how to get there. But let’s not get too far, as most companies struggle …
Top 6 Components of Organizational Readiness for ERP Implementation Read More »
The list of ERP modules is endless. To an extent that they might come across as overwhelming. But not each module is as critical. Also, each ERP, depending on its positioning, might have different modules. While core modules are likely to be the same across the majority of the ERP solutions, the non-core modules differ …
This digital transformation report summarizes our annual research on ERP and digital transformation trends and forecasts for the year 2024.
