The ERP Advisor

Organizations around the world confront ERP implementations every year; one of the most extensive projects undertaken that can make or break your organization’s future growth. Due to the disruptive nature of this decision, businesses find themselves in the pit of contention, attempting to balance go-live efforts and organizational expectations, leaving many to wonder, “Did we make the wrong decisi...

Sage announced a series of updates to Sage Intacct, from simplifying and automating bill processing to increasing visibility as part of the Sage Intacct 2023 Release 1. Infor announced the availability of Infor Clinical Science, part of the Infor Workplace Management suite. OneStream announced expanded capabilities for its Sensible ML solution, increasing machine learning forecasting transparency...

Blackbaud announced financial results for its fourth quarter and full year ended December 31, 2022. Full-year 2022 total revenue exceeded $1 billion with 14% growth, which met or exceeded guidance. GAAP total revenue was $274.8 million, up 10.8%, with $265.2 million in GAAP recurring revenue, up 11.1%. On February 14th, NetSuite celebrated the one-year anniversary of the NetSuite Accelerator progr...

Business in the 21st century is driven by the data collected through accounting systems, ERPs, and other business applications. Harnessing this information is the first step to driving down costs and increasing profitability. But how do you know what tools can really help you? While some ERP vendors have compatible Business Intelligence and analytics tools included in their technology stack, there...

Workday made headlines with its Super Bowl commercial this last weekend, enlisting the help of major Rockstars to oppose the use of the term “rockstar” to describe executives reaching success with the help of Workday. This comes on the tail-end of the appointment of its new CEO and its recent commitment of $250 million in investment capital into Workday Ventures, the strategic capital arm of Workd...

Last week, Acumatica hosted its 2023 Summit where they highlighted their commitment to supporting ERP for SMBs, their significant growth in 2022, and their 2023 R1 release. Oracle announced its plans to open a third public cloud region in Saudi Arabia. Located in Riyadh, the new cloud region will be part of a planned $1.5 billion investment from Oracle to expand cloud infrastructure capabilities i...

Microsoft announced results for the quarter ended December 31, 2022, as compared to the corresponding period of last fiscal year. Microsoft Cloud revenue was $27.1 billion, up 22% year-over-year, with Dynamics products and cloud services revenue increasing 13% with Dynamics 365 revenue growth of 21%. SAP announced its financial results for the fourth quarter and fiscal year ended December 31, 2022...

Epicor discussed key developments in its Middle East growth strategy at the company’s 2023 Middle East ReConnect Customer Day, including plans to launch a new regional data center driven by surging customer cloud adoption. To meet the increased demand for cloud solutions amongst Epicor customers in the Middle East, the new UAE data center is slated to be online in Spring 2023. Unit4 announced the...

Salesforce unveiled new innovations in commerce and retail, delivering new features to their Commerce Cloud and Salesforce for Retail Media. Oracle extended its comprehensive retail cloud platform to include the Oracle Retail Payments Cloud Service. This will allow retailers to now accept Apple, Google, and Samsung Pay, without the hidden fees and unpredictable costs that erode the bottom line. Th...

Microsoft announced the acquisition of Fungible Inc., a provider of composable infrastructure aimed at accelerating networking and storage performance in data centers with high-efficiency, low-power data processing units. OneStream announced that its Annual Recurring Revenue grew 50% year-over-year, surpassing $300 million in the fourth quarter, ending December 31, 2022. The company grew its custo...

As we say goodbye to the ERP advancements of 2022, analysts and vendors alike are predicting a strong outlook for 2023. In this special episode of The ERP Advisor, you can hear from our top ERP Consultant, Founder and Managing Principal, Shawn Windle, and The ERP Minute Anchorwoman, Rebekah McCabe, for vital examinations of industry trends from 2022 and invaluable insights into the next wave of fo...

Oracle announced the opening of an Oracle Cloud Region in Chicago, Illinois. Continuing their extensive cloud expansion, Oracle’s 41st global region and fourth in the U.S. offers customers and partners a new option to locate their infrastructure, applications, and data for optimal performance and latency. Aneel Bhusri, Co-CEO, Co-Founder, and Chair of Workday is to remain Co-CEO through January 20...

Oracle announced its fiscal 2023 Q2 results. Total revenues were up 18% year-over-year to $12.3 billion, with cloud services and license support revenues up 14% to $8.6 billion. Fusion Cloud ERP revenue was $0.6 billion, up 23% and NetSuite Cloud ERP revenue was also $0.6 billion, up 25%. FinancialForce announced the general availability of its Winter 2023 Release. The new release strengthens Fina...

The ever-changing ERP landscape guarantees that new obstacles will develop from year to year, increasing the already difficult jobs of CEOs, CFOs, and other executive leaders. Having an experienced ERP Consultant in your corner will make or break an ERP implementation. Our expert ERP Consultants will take inventory of the lessons learned throughout 2022 to prepare businesses looking to tackle and...

Deloitte announced the formation of Olympus with Amazon Web Services (AWS), a global investment fund focused on building industry cloud solutions. IBM entered into an agreement to acquire Octo, a US-based IT modernization and digital transformation services provider, exclusively serving the US federal government. EY acquired ifb SE, international finance, risk transformation, and compliance consul...

Shawn Windle explains how information flows through an organization's software — and why ERP, or Enterprise Resource Planning, is more than the software itself, demonstrating the vitality of understanding this conceptual framework. Connect with us! https://www.erpadvisorsgroup.com 866-499-8550 LinkedIn: https://www.linkedin.com/company/erp-advisors-group Twitter: https://twitter.com/erpadviso...

Last week, a number of vendors announced financial results for the fiscal third quarter of 2023 and end-of-year results for 2022. Workday announced results for the fiscal 2023 third quarter, which ended October 31, 2022. Salesforce released results for its third quarter fiscal 2023, ending October 31, 2022. Intuit Inc., the global financial technology platform that makes TurboTax, Credit Karma, Qu...

Last week, reliable sources confirmed that IFS acquired P2 Energy Solutions, a software and data solutions provider for upstream oil and gas, including financial & accounting management software, geospatial data, land asset management tools, and well lifecycle management solutions. Blackbaud will ring the closing bell at Nasdaq to celebrate the 10th anniversary of GivingTuesday, the global mov...

Sage announced its full-year 2022 financial results, which ended September 30, 2022. Organic recurring revenue growth was 9%, underpinned by Sage Business Cloud’s growth of 24%. The organic operating margin also increased to 19.9%, with an underlying basic EPS growth of 8%. Microsoft and Lockheed Martin announced the expansion of their strategic relationship to help power the next generation of te...

Aptean made yet another acquisition of ImPuls AG, a provider of enterprise resource planning solutions to apparel, footwear, accessories, and textile brands and manufacturers. NetSuite announced new innovations to help organizations in Brazil run more efficiently and increase the bottom line with new SuiteSuccess financial management solutions and localization capabilities. Microsoft announced the...

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...