ERP Priorities Today

IT leaders face a number of increasingly sophisticated responsibilities. In addition to ensuring that systems run smoothly, they must help their organisations mature digitally, address ongoing security threats, remain compliant with regulations, and help their teams develop the skills to succeed in a complex and changing digital environment. An effective cloud-based enterprise resource planning (ERP) strategy can help IT leaders meet these demands while streamlining operations and improving business performance.

The selection and implementation of new systems and processes pose a corresponding array of challenges, including integration with existing infrastructure, as well as budgetary and resource limitations. Today’s IT leaders are under increasing pressure from many directions. Their organisations look to them to provide infrastructure that can reduce costs, drive resource efficiency, increase workforce productivity, and enhance agility/speed time to market.

However, they face a number of challenges in meeting these demands. Complex integrations with legacy systems can inhibit agility and increase exposure to security and compliance risk. There is also the high cost of upgrades and the need to leverage existing investments. Finally, siloed data across disparate systems can limit their ability to harness emerging technologies such as AI, machine learning, and automation.

The past year has accelerated the need for organisations across every industry to re-evaluate their ERP strategy. Supply chain disruptions, quickly evolving customer demands, the shift to remote work, and the need to rapidly innovate have put increased pressure on IT leaders to modernise ERP systems in order to increase agility, reduce costs, and remain competitive.