Rethinking Your ERP
Solution to
Meet Today’s Business Challenges
Your Chance to Improve Operations, Productivity and Profitability
Today, many organizations are held back by legacy ERP systems that cannot handle this complexity. These solutions offered a generous selection of features and capabilities when they were originally adopted – but in many cases, this was over 20 years ago.
As both technology and business have evolved, previously innovative ERP solutions are no longer fit for purpose. They struggle to support business processes, keep pace with industry trends, and drive profitability.
Although businesses may be hesitant to replace legacy ERP systems now that they are a sunk cost, they are delivering diminishing returns – which, if they are not already, will become negative returns. A system that can no longer be updated is vulnerable to cyber threats and can pose a security risk that is difficult to mitigate. Your organization must pay a third party for support – a significant financial commitment. And you may experience workforce attrition as your people, fearing their skills losing relevancy to employers, leave to work on more modern systems.
Another considerable risk is the opportunity cost. A product that is no longer being developed will be unable to meet the future needs of your business. As new functionality cannot be added to an unsupported ERP system, your business will lack the agility to adapt to new trends and demands. This can leave you vulnerable to unforeseen challenges and unable to compete in the market.
