The ERP Advisor

Unfortunately, businesses often find out far too late that they are required to customize their ERP which can be a slippery slope. Some customizations can have major productivity increases, but over-customization can force a system into a corner, making it obsolete or inflexible when it comes to future upgrades and usability. Usually, out-of-the-box functionality can deliver on the needs of an org...

NetSuite announced that it was recognized by Inc. Business Media in the inaugural Power Partner awards which honor B2B organizations that support startups across all business functions and empower growth. UKG announced its acquisition of Quorbit, the U.K.-based startup specializing in long-term workforce planning solutions for people in frontline and hourly roles. This acquisition will help organi...

SAP announced its financial results for the third quarter ended September 30, 2022. Highlights from SAP included the increase of Cloud revenue by 38% to approximately 3.3 billion euros, SAP S/4HANA's current cloud backlog up by 108%, and IFRS cloud gross profit up by 44%. IFS continues its 2022 momentum with strong financial results for Q3 year-to-date ending September 30, 2022. IFS’s annual...

Ransomware continues to be an ever-expanding threat to ERP systems around the world, especially when organizations fail to educate employees on behaviors leaving their information more susceptible to malicious software. While better practices can lessen ERP vulnerability, the structure of an ERP system, whether on-premises or in the cloud, can also impact the effectiveness of ransomware in capturi...

Oracle took advantage of its CloudWorld conference last week to make multiple announcements regarding product enhancements, expanding capabilities, and a new region for Oracle Interconnect. Epicor announced a variety of features in its Fall 2022 release for Epicor Kinetic for Manufacturing, part of the Epicor Industry ERP Cloud portfolio. The updates include deep-industry-specific functionality, i...

This year's CloudWorld, Oracle's annual customer conference, occurred between October 17th and 20th. ERP Advisors Group's Founder & Managing Principal, Shawn Windle, attended the conference to gather deep insights into the enhancements and product offerings being delivered by Oracle in 2022. Mr. Windle reviews his experiences at CloudWorld 2022 and provides key takeaways from th...

Automating a Professional Service Organization’s processes frees key individuals up to focus on delivering value to clients. At the heart of their operations, PSOs are client-oriented. Founder and Managing Principal, Shawn Windle, is joined by Unit4’s Senior Manager of Industry Solutions, Bryce Wolf, to discuss the challenges faced by PSOs working through mergers and acquisitions. Connect with us!...

Salesforce has quickly risen in the ranks to dominate the enterprise software market, specifically customer relationship management, surpassing even the most recognizable of industry behemoths. Despite this notoriety, few truly know about the ERP offerings within Salesforce.com’s AppExchange that are written on the Salesforce Lighting platform, specifically FinancialForce and other sound products,...

At the Sage Transform conference, several announcements were made to mark the growth and advancement of Sage. First, Sage announced the acquisition of carbon accounting solution Spherics to help SMBs measure and cut their emissions. Sage also announced new product integration with Microsoft to continue simplifying workflows for SMBs by allowing the submission and approval of certain processes dire...

Epicor announced that it has acquired eFlex Systems, a cloud-based Manufacturing Execution System (MES) technology provider. The acquisition expands the Epicor portfolio of Advanced MES capabilities to help manufacturers increase productivity by modernizing their production environments through digital work instructions, advanced process control, and real-time visibility. ECI announced that it has...

As ERP technology continues its rapid advancement, businesses running on legacy ERP systems find themselves overwhelmed by the lingering need to address the elephant in the room: is it time for an upgrade? The conversation can be daunting with concerns surrounding potential workforce response to the disruption and fear that a change would render the current system’s specialized functionality usele...

NetSuite wasted no time making significant product announcements at its annual SuiteWorld conference. First, Oracle NetSuite unveiled NetSuite AP Automation which embeds banking services into a cloud ERP system to help organizations improve profitability by making it easier and faster to process bills and pay vendors all from within NetSuite. NetSuite went on to announce NetSuite CPQ to enable sal...

This week at Dreamforce, Salesforce’s user conference, Salesforce introduced Genie, a hyper-scale real-time data platform that powers the entire Salesforce Customer 360. Genie unifies all of a company’s customer data across channels and interactions into a single, real-time customer profile, so every experience across the Customer 360 is more automated, intelligent, and real-time. Microsoft made a...

Several exciting announcements were made regarding the application enhancements of Workday products, with new innovations to help power a new era for the office of the CFO through new machine learning capabilities, increased performance and scalability in planning, and deeper insights into the supply chain, enhancements to Workday’s HR solutions allowing customers to gain deeper insight into workf...

Deltek, a global provider of software and solutions for project-based businesses, quickly rose to notoriety, by providing solutions for advanced project intelligence, management, and collaboration. Deltek puts an emphasis on the people who make an organization, specifically developing products for government, field services, and professional services industries. In this episode of The ERP Advisor,...

Workday held its annual customer conference, Workday Rising, where it made a couple of major business announcements. First, Workday launched Industry Accelerators, the initial set of which will be targeted at helping banking, healthcare, insurance, and technology companies speed up their enterprise cloud transformation efforts. These initiatives will assist Workday customers in delivering even mor...

The process leading to a company's Initial Public Offering (IPO) is extremely tedious, as leaders must ensure the company meets financial reporting compliance requirements while also using extensive financial analysis to demonstrate the appeal of the enterprise to potential investors. Many private companies upgrade to a new ERP prior to going public to instill the highest amount of investor c...

SAP announced significant leadership changes with the appointment of Lloyd Adams as President of SAP North America, effective as of September 1st, and the announcement that Dominik Asam from Airbus will take over as SAP CFO and member of the Executive Board of SAP SE on March 7, 2023. This comes as no surprise with the related big news in the enterprise software space this week being that cloud-na...

Founded in 1977 as Software Development Laboratories, Oracle quickly rose to prominence in the ERP market, ranking as the world’s largest database management company with over $100 million in sales only ten years after its establishment. With offerings across software solutions and services alike, it is clear to see how Oracle rapidly grew its market share in the ERP space. In this installment of...

Founded in the western Netherlands, Unit4 developed next-generation enterprise software to meet the ever-expanding needs of people-centric businesses. Unit4’s offerings put significant focus on the person behind the production with its People Experience Suite, which includes financial management, accounting, ERP, FP&A, HCM, and talent management modules. In this episode of The ERP Advisor, we...

Celonis, a Process Mining and Execution Management Software provider, secured $1 billion in financing, part of which was a $500M line of credit, the largest syndicated bank recurring revenue revolving credit facility of its kind. Such investments cement the confidence that investors have in enterprise software vendors achieving monumental automation improvements for all companies.  Related, our pr...

In 2005, Workday was established by the founder of PeopleSoft, Dave Duffield, to better serve the human aspect of ERP software solutions. Workday’s pure cloud platform provides functionality across finance, human resources, planning, and analytics, making for easy-to-use, scalable solutions, built with the employee in mind. In this installment of The ERP Advisor, EAG will provide a whole summary o...

SAP and Francisco Partners (FP) announced that FP has signed a definitive agreement with SAP America Inc. under which Francisco Partners will acquire SAP Litmos from SAP. OneStream ranked among the fastest-growing companies in the 2022 Inc. 5000 list from Inc. Magazine. This is the 7th consecutive year the company has been recognized on the list, which represents the most successful private compan...

SAP was founded in 1927 with a vision for the business potential of technology. At present, SAP serves more than 400,000 customers and is still inspired to continually transform the IT industry. Being the ERP mammoth that it is, SAP has a multitude of offerings so it can be difficult to develop a full understanding of all functions in order to make a decision for your business. The ERP Advisor has...

There is no shortage of options on the ERP market, especially with the expansion of cloud-based offerings that are changing the ground rules for large incumbent vendors and increasing availability of next-generation technologies to even smaller businesses. When diving into an ERP software selection, how can you discern between products that align with your needs and the products that do not hit th...