Wednesday, June 28, 2006

ERP Can Optimize Business Processes If Businesses Get Past Scary Reputation

ERP Can Optimize Business Processes If Businesses Get Past Scary Reputation


There are plenty of ERP horror stories of implementations gone wrong. Yet ERP
systems, because of their ability to break down information silos and aggregate
data, can be key in retooling business processes. Ventana Research says tech
executives have overlooked many opportunities to use the ERP to generate
performance improvements. For instance, fewer than half of the companies that
participated in a Ventana study used their ERP systems to implement
"order-to-cash" systems that can speed cash collections. Only 11 percent of
respondents said their ERP systems captured all or most of the information
needed to track employees' key performance indicators. Open source — or
something close to it — may hold the key to more cost-effective ERP
rollouts.

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http://ct.itbusinessedge.com/t?ctl=DB78C9:3C3C204When It Comes to ERP Implementations, Simple Is Best

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