In government agencies around the world, large enterprise legacy systems are what stand in the way of desperately needed modernization programs. Such legacy systems can be large enterprise resource planning (ERP) implementations or custom-built applications using complex codebases. Simply put, they are not supportable, upgradable, and do not provide the rich user experience customers have become accustomed to.
Oracle Cloud ERP enables businesses to harness the power of the cloud with built-in security, easy access to data, and native reporting tools. Offering scalability, security, and greater visibility into your organization’s information, this ERP comes with a variety of benefits. But when you’re looking to transition into a cloud-based ERP, where do you start? Here, we discuss the top five best practices of moving to Oracle Cloud ERP.
As Business Intelligence (BI) tools, data warehousing solutions, and enterprise data and application landscapes have advanced, it’s worth taking the time to rethink that old model, starting with the dichotomy between operational reporting (OR) and strategic analytics. There is a clear difference between operational reporting and BI, but they can and should work together. Companies use one or the other, and if they have both, there is a gap between them.
Our Five Key Points: Effective ERP and Ecommerce integration means ensuring your online retail business is taking advantage of every aspect of your enterprise resource planning (ERP) tools. Your ERP gathers a range of digital information about your business, from finances to inventory management. This data could provide insights that boost sales or drive marketing campaigns.
More and more companies are migrating their enterprise resource planning (ERP) to the cloud. It relieves them of the burdens typically associated with installing and maintaining complex software systems, and it’s arguably more secure because it’s monitored 24/7 by dedicated experts. There is no question that cloud-based ERPs like NetSuite, Epicor, Microsoft Dynamics, and Oracle Cloud are gaining steam. Rolling out a new ERP system can be highly disruptive to your organization, though.
Here are five things to know about NetSuite Ecommerce integration: NetSuite comes with in-built analytics to help you make sense of all the data that flows in and out of this popular business management system. However, these metrics are limited compared to those available in third-party BI tools like Tableau, Looker, and Power BI.
The beauty of enterprise resource planning (ERP) software is its ability to provide a central view of your organization’s financial, operational, and business data. It automates repeatable tasks, streamlines your ability to create reports and analyze data, and sheds clarity on sales, marketing, human resources, supply chain management, and even manufacturing.
Whether your goal is to leverage the newest technology or to stay up to date with your Oracle ERP, migrating to the cloud is a complex, but worthwhile undertaking. It requires time to install, train, and embed new processes, but the effort is rewarded by the ability to leverage more agile workflows and increase ROI. Although many companies run their own on-premise servers to maintain IT infrastructure, 48% of organizations already store data on the public cloud.
Global research reveals that 77% of enterprises lack real-time access to ERP data, leading to poor business outcomes and lost revenue.
Business intelligence empowers businesses to get the most out of their data by providing tools to analyze information, streamline operations, track performance, and inform decision-making. In the Microsoft Dynamics ecosystem, Power BI generates easy-to-read visualizations that help stakeholders perform key analysis. But finance professionals can encounter roadblocks when seeking deeper analysis than their technical knowledge of Power BI permits.
