When you look at the systems and tools your company relies on today, how often do those systems support your processes and your personnel in a way that makes them more productive and more effective? How often are those systems merely “good enough,” supporting the status quo, without providing a path to faster, smarter and more cost effective operations?
More to the point: when is ‘good enough’ no longer good enough?
Considering that most companies remain on the same version of the on premise ERP system they implement, the question is relevant to most organizations.
Determining when to pull the plug on technologies or systems that support your business isn’t an exact science, but there ARE signs that it’s time to look for a better way. To kick start that conversation within your company, here's are a few telltale signs to pay attention to when considering kicking legacy systems to the curb.
All too often, companies relying on workflow automation using antiquated systems have designed and implemented processes that work the way the system do, and now how people should to be truly effective. If your IT team and your staff spend too much time trying to figure out how to get the right data out of (or into) an existing system, with manual work-arounds, it may be time to start with a clean sheet of paper and design from first principles. THEN look for a system that can support the way your people want to work.
In the aftermath of the 2008 economic downturn, lots of companies cut costs, maintaining existing systems instead of investing in longer term cost savings by investing in more agile and flexible new technologies. There is a real opportunity cost there. Cloud ERP systems, intelligent process automation platforms and other new technologies deliver more timely access to data, support greater process visibility and lower IT support costs.
This might be all well and good in a market where you don’t face any competition. But in the world most of us live in, companies slowed down by legacy infrastructures risk being outmaneuvered by competition they didn’t even see coming.
If you’re making good use of technology, your company’s top-line growth and cost of operations should be headed in opposite directions. If the cost of running the business your business is growing as fast or faster than your top line, chances are there is a technology gap lurking somewhere behind the scenes that is hampering your growth potential and impacting your financial wellness.
Maintaining systems that can’t talk to one another, or that rely on custom integrations that create risks whenever you want to upgrade or innovate in a classic 20th century technology problem. We’re almost two decades into a new millennium. It’s time to put those problems behind you. Today, more open, intelligent and flexible integration solutions are available, so that upgrading, modifying or adding to your technology ecosystem doesn’t have to be a long, complicated and expensive process. As a result, you can eliminate manual process bottlenecks, get more timely access to data and focus more on process improvement.
In many cases, just thinking about the technology overhead your company may have accrued can give you a headache. But if you step back and consider what’s possible when you start from looking at how your company could function without some of the technology issues and burdens that accumulate over time like loose change in your sofa, you might suddenly find yourself a little more energized. And the status quo won’t seem so comfortable anymore.
To begin your journey with a partner that understands process transformation, and has helped companies of all sizes to overcome technology debt, visit Artsyl online and contact our team.