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Showing posts with the label ERP

Multi Country Roll out of an ERP: approach for managing change

Introduction Many companies resort to a single enterprise resource planning solution, to support their global operations and expand their reach.  Global implementation of ERP systems, involves a series of repetitive project operations containing harmonization of processes, data functionalities and managing diversified business activities across countries and increase visibility of business operations. This is also known as multi country roll out. The challenges in Multi country roll out Legal compliance & local statutory requirements Local complexity Cultural differences and language IT infrastructural issues Adoption and existing legacy system (if any) in different countries The process Multi-country roll out begins with having first defined the project assumptions followed by developing a global template that may be applied as is or customized according to the specific needs of subsidiaries and business units. The following major step of implementati...

Power of B-A-I for next-generation ERP solutions

Introduction The field of Information Technology is changing the world at a very fast pace and businesses are struggling to match this pace across domains. Enterprise Resource Planning (ERP) is no exception. We observe that the traditional ERP era is over, and new age ERP systems are dramatically influencing how business is conducted. These next-generation ERP systems are composed of various transformational technology since a standalone ERP package has become obsolete. The blockchain, artificial intelligence (AI) and Internet of Things (IoT) represent an exceptional opportunity for the business. In the fast-changing business environment, businesses today need something which can streamline and enhance the existing process, create new models for business and develop more innovative solutions to help them to build the business of tomorrow. What is B-A-I? Blockchain, Artificial Intelligence, and Internet of Things are emerging as the foundations of the new age ERP ecosy...