This category allows you to find ERP-related content on ElevatIQ.com
When it comes to the workload expectations of large companies, the argument is no longer about a specific piece of functionality. It’s about the way we would design traditional IT systems. Historically, before designing any systems, you had to write down the specific context. And volumetric requirements. The way you would plan for a manufacturing …
Growing past $50 million in revenue is more difficult than you would think. You can no longer survive with ad-hoc planning and siloed processes. Advancing to the next inflection point requires tighter integration of processes. While most people might not understand how different SMB businesses differ, mid-sized businesses are uniquely different, especially when it comes …
Most people perceive SMB organizations differently. In fact, some people suggest that the companies that have the process complexity of an enterprise must be referred to as SMEs (small-to-medium-sized enterprises). And this distinction is critical as they could be as complex as large. In fact, at times, they are more complex. Why? Because they have …
While most ERP systems may appear alike in terms of their capabilities, they all serve a specific size of customer base. As companies grow in their size, they go through several stages of growth (with varying process complexity). And each phase is different with the amount of planning and control required. The startup phase is …
The construction industry needs specialized construction ERP systems due to the unique requirements for accounting and payroll. And that is probably the reason why accountants need to go through another course on construction accounting if they plan to switch to this industry. Additionally, any industry that might not be in the core construction business but …
Isn’t distribution the easiest business? Buying and selling someone else’s products. Right? How hard could purchasing distribution ERP systems be? Well, the distribution business model could be as complex as other industries. Let’s take the example of industrial distributors. They have varying levels of complexity with their needs for vendor catalogs. They also need support …
Manufacturing companies always needed far deeper ERP capabilities than other industries. Why? Due to the large inventory carrying costs, production efficiencies, and regulatory controls. With the plethora of ERP solutions available in the market, the manufacturing industry is perhaps the trickiest when it comes to finding the right ERP solution. More overlapping options, more confusion. …
How to find the top ERP system? It’s the question many of us are likely to have while starting the digital transformation journey. There are always several variables that drive whether an ERP system would be a fit for you. Or not. Generally, these variables can be divided into two categories. 1) Generic variables such …
While the future relevance of ERPs is often debated, ERPs are expanding in both size and scope. This pattern is mirrored in other best-of-breed categories where integration and consolidation are favored by private equity to expand market share. This evolution emphasizes the lasting significance of the ERP strategy. Deciphering it will help find a solution …
ERP system price is complex to understand. It contains several variables impacting not only your costs but the outcome of your project. With several options available, it’s often hard to compare them and assess the actual ERP software cost of ownership. Although you might appreciate the straightforward ERP System Price with fewer variables, the variables …
ERP System Price: How Much Does ERP Software Cost? Read More »
This digital transformation report summarizes our annual research on ERP and digital transformation trends and forecasts for the year 2024.
