ELEVATING OUR CONSCIOUSNESS THROUGH ELEVATING OUR CONSCIOUSNESS THROUGH MANTRA MEDITATION.
Business Case for Upgrading ERP: Elevating your company (and ERP system) to best in class
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WHAT MAKES UP BEST-IN-CLASS? UPGRADED USER BENEFITS INCREASED FUNCTIONALITY ELIMINATE WORKAROUNDS / AVOID DISRUPTION Profit Margin Increase (over two years) Most Current ERP Version Monthly Close On-Time Delivery Best in Class Industry Avg Laggards 16% 11% 0% Best in Class Delivery Laggards Delivery Industry Average Delivery 96% 89% 82% Best in Class Industry Average Laggards 8.1 Days 6.4 Days 3.9 Days MONTHLY CLOSE TIME Best in class organizations understand that upgrading goes beyond the latest features. They know it’s about investment in the company, its infrastructure and ensuring processes are always being improved. Upgrading ERP gives companies the opportunity to take advantage of new built-in templates to support their current and evolving processes. While there are real upfront expenses, investing in maintaining and upgrading ERP is returned through a reduction in costs, improvements in major areas and increased visibility into processes. Choosing to upgrade and installing it as part of overall ERP maintenance, business lead- ers drive their companies to eliminate many of the workarounds that have become part of the “norm” and address true issues ham- pering growth. Waiting results in a system so cumbersome that instead of an upgrade, finance and operations leaders must build a business case to “rip-and-replace”−a far more costly and disruptive process than incremental upgrading. True leaders realize that ERP systems need to evolve−just as business process- es do. Otherwise, the disparity between what processes the ERP supported 4-9 years ago versus what processes are in place today becomes monumental. Upgrading ensures your ERP system is evolving in the same strides as your busi- ness, matching functionality at an even pace with the needs of your organization. Leaders are able to dedicate time to improve business strategy while incrementally updating their systems rather than addressing the prob- lem too late, which often becomes a costly and even more time consuming undertaking. Best in Class All Others 58% 35% Internal Schedule Compliance Complete/ On- Time Shipments Key Processes Cycle Time Inventory Turns IMPROVEMENTS Latest Version Legacy Versions 17% 22% 22% 13% 52% 36% 15% 14% Operational Adminstrative Inventory 12345 67890 COST REDUCTION Latest Version Legacy Versions 13% 14% 17% 9% 9% 10% 67% 40% ...access ERP from mobile devices ...tailor reports in a self-service capacity 37% ...quickly customize ERP to react to the needs of the business 30% increase in real-time visibility into the status of all processes 94% best in class organizations more likely to be on the latest release “Best-in-Class organizations have identified that upgrading their solutions allows them to take advantage of the newest advancements in technology and use those tools to accelerate their business performance.” -Aberdeen Group The Value of Upgrading ERP, Maintaining Modern Technology 70% more likely to have the abililty to share and integrate data with the extended enterprise As one of the largest Microsoft Dynamics Partners in the country, we work closely alongside Microsoft and have early ac- cess to new releases and resources that are unavailable to other partners. We’ve developed tools to streamline the process and reduce costs, which assist in identifying infrastructure or customization risks ultimately enabling us to provide compre- hensive upgrade assessments. What sets Armanino apart as a Dynamics Upgrade Partner is our: continuing Dynamics AX user education; ability to provide resources for every stage of your business; cutting edge solutions; and our award winning service. Learn more at: amllp.com/microsoft-dynamics Information contained in this infographic is representative of “midmarket” organizations defined as 100-1000 employees and was taken from Aberdeen Group’s “The Value of Upgrading ERP. Maintaining Modern Technology” 2014. Companies on the latest release are more likely to... UPGRADING ERP: Elevating your company (and ERP system) to best in class To become best in class, companies have to start thinking of upgrading ERP as a business evaluation process that takes place every 2-3 years, asking “how can we do this better, smarter and faster.”
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Transcript of Business Case for Upgrading ERP: Elevating your company (and ERP system) to best in class
WHAT MAKES UP BEST-IN-CLASS?
UPGRADED USER BENEFITS
INCREASED FUNCTIONALITY
ELIMINATE WORKAROUNDS / AVOID DISRUPTION
Profit Margin Increase (over two years)
Most Current ERP Version
Monthly Close On-Time Delivery
Best in Class Industry Avg Laggards
16% 11% 0% Best in Class Delivery
Laggards Delivery
Industry Average Delivery
96%
89%
82%
Best in Class
Industry Average
Laggards8.1 Days
6.4 Days
3.9 Days
MONTHLY CLOSE TIME
Best in class organizations understand that upgrading goes beyond the latest features. They know it’s about investment in the company, its infrastructure and ensuring processes are always being improved.
Upgrading ERP gives companies the opportunity to take advantage of new built-in templates to support their current and evolving processes.
While there are real upfront expenses, investing in maintaining and upgrading ERP is returned through a reduction in costs, improvements in major areas and increased visibility into processes.
Choosing to upgrade and installing it as part of overall ERP maintenance, business lead-ers drive their companies to eliminate many of the workarounds that have become part of the “norm” and address true issues ham-pering growth. Waiting results in a system so cumbersome that instead of an upgrade, finance and operations leaders must build a business case to “rip-and-replace”−a far more costly and disruptive process than incremental upgrading.
True leaders realize that ERP systems need to evolve−just as business process-es do. Otherwise, the disparity between what processes the ERP supported 4-9 years ago versus what processes are in place today becomes monumental.
Upgrading ensures your ERP system is evolving in the same strides as your busi-ness, matching functionality at an even pace with the needs of your organization.
Leaders are able to dedicate time to improve business strategy while incrementally updating their systems rather than addressing the prob-lem too late, which often becomes a costly and even more time consuming undertaking.
Best in Class
All Others
58%35%
Internal ScheduleCompliance
Complete/On-Time Shipments
Key ProcessesCycle Time
InventoryTurns
IMPROVEMENTS
Latest Version
Legacy Versions
17%
22% 22%
13%
52%
36%
15%14%
Operational Adminstrative Inventory0 12345 67890 5
COST REDUCTIONLatest Version
Legacy Versions
13%14%
17%
9%9%10%
67% 40%...access ERP from mobile
devices
...tailor reports in a self-service capacity
37%...quickly customize ERP to react to the needs of the business
30%increase in real-time
visibility into the status of all processes
94%best in class organizations more likely to be on the
latest release
“Best-in-Class organizations have identified that upgrading their solutions allows them to take advantage of the newest advancements in technology and use those tools to accelerate their business performance.”
-Aberdeen GroupThe Value of Upgrading ERP, Maintaining Modern Technology
70%more likely to have the abililty to share and integrate data
with the extended enterprise
As one of the largest Microsoft Dynamics Partners in the country, we work closely alongside Microsoft and have early ac-cess to new releases and resources that are unavailable to other partners. We’ve developed tools to streamline the process and reduce costs, which assist in identifying infrastructure or customization risks ultimately enabling us to provide compre-hensive upgrade assessments. What sets Armanino apart as a Dynamics Upgrade Partner is our: continuing Dynamics AX user education; ability to provide resources for every stage of your business; cutting edge solutions; and our award winning service. Learn more at: amllp.com/microsoft-dynamics
Information contained in this infographic is representative of “midmarket” organizations defined as 100-1000 employees and was taken from Aberdeen Group’s “The Value of Upgrading ERP. Maintaining Modern Technology” 2014.
Companies on the latest release are more likely to...
UPGRADING ERP: Elevating your company (and ERP system) to best in classTo become best in class, companies have to start thinking of upgrading ERP as a business evaluation process that takes place every 2-3 years, asking “how can we do this better, smarter and faster.”
