If your organization has been around for more than a decade, relies on an ERP system and operates like most, you’ve come to rely on technologies that have evolved so rapidly that you’ve failed to keep up. Statistic show that, regardless of the system or vendor chosen, most on-premise ERP solution customers rely on the same version of the ERP system they originally implemented ten years or more.
One of the many attractions for cloud ERPs is that they are continually updated and deliver new features behind the scenes, in a way that requires far less heavy lifting from IT.
The shift from on-premise to the cloud is just one of the changes in reality versus perception about ERPs. Here are some other myths and misperceptions that companies need to address and overcome to move their systems, tools and processes into the future.
While there is a range of affordable, innovative ERP systems available today, industry statistics demonstrate that most companies still rely on on-premise ERP systems. If you haven’t moved to the cloud yet, that doesn’t mean you can’t innovate or plot a path to the cloud that allows you to take advantage or recent innovations like intelligent process automation, machine learning and zero code platforms that can automate lots of manual tasks and boost efficiency.
While it’s certainly true that migrating to a new ERP can be a complex process, there are ways to streamline and expedite adoption or migration. The key is getting your arms around your data and your processes ahead of time. Often, business transformation systems that integrate with your old ERP can help get your data in order and prompt a more in-depth look at back office processes. In this way, companies can begin to innovate, get more value from their existing systems, then take the pain and effort out of migrations to new systems.
Many ERP systems include workflow automation tools. Often, they can be complex and might now always be the best fit for the process you want to support with routing, approval and reporting. Today’s intelligent process automation solutions for processes like accounts payable, accounts receivable and check remittances, integrate with ERPs in a way that allows you to choose from the best workflow tools. That may mean using your ERP tools for some processes, but not for others.
Is it time the blow the dust off your existing systems and technology to consider how you can move forward and leaving your competition in the dust instead? One way to do so without heavy lifting or system migration is to adopt flexible, new intelligent process automation solutions that interact with your ERP system in a way that doesn’t require custom integration or coding.
Visit the Artsyl Web site and explore our resources section. Review case studies from a wide range of customers, in a variety of industries, relying on different ERP and ECM systems. Next, contact your Artsyl partner manager to explore the best path forward.