Is it time to modernize your business systems?
Your company has changed a lot since its business system was installed. The system has enabled and changed with the company over a period of years. You aren’t exactly sure how every business process works, and maybe no single colleague understands the ins and outs of the system in its entirety. While it is true that some of the business processes are constrained by the functionality of the system, you know for sure that there are others that have been customized to meet the very specific needs of the business. After all, those customizations are important. They help your company to differentiate themselves from competitors, and may even be the crux to competitive advantage. You’ve heard about the latest trends in software, but the payoffs are unclear. Is it the right time for your company to move towards modernization, or is it safer to stay with what it knows?
There are two sides to every story, and deciding when it is time for business system modernization is no different. So, when is it time? Take the test.
Count the issues that apply to the system that is in use today.
- Packaged software that is no longer upgradable due to mass customizations, or no longer supported by the vendor.
- Hardware and/or programming language that is antiquated, unreliable, and expensive to operate.
- Business processes that have a direct impact on customer satisfaction, such as customer service, inventory tracking, shipping, forecasting, ordering raw materials, manufacturing, inventory tracking, and shipping, are slowed down or not fully supported by the system.
- Solutions outside of the system, such as spreadsheets and reporting systems to manage the supply chain.
- Business Systems that lack the functionality needed to achieve operational goals, such as electronic inventory tracking, advanced pick ticket management, streamlined administrative processes, or product life cycle management.
- Technology that lacks the capability needed to achieve competitive goals, such as customer relationship management, reduced turn-around time, web sales, collaboration, or mobility.
- Business Systems that no longer fit a growing business, such as supporting multi-company accounting, global sales offices, or compliance in data security or other regulations.
- Business Insights that are unknowns, because the system does not track the data needed to answer the questions posed by executive leaders.
Click here if you selected 0 or 1 of the above.
Click here if you selected 2 or 3 of the above.
Click here if you selected 4 of the above.
Click here if you selected 5 or more of the above.