LATEST INTELLIGENCE
Connect, Collaborate,
Innovate: The
business benefits of
social ERP
Unlock the potential of your people
Innovation: every organization needs it if they want to
become, or remain, a market leader. This has never been
truer than it is now, with increasing globalization and stiffer
competition making the need for differentiation more
pressing than ever.
By enabling employees from all areas of your organization
to collaborate you can increase the level of innovation
you see in your organization—especially in areas such
as customer service and supplier communications. The
trouble for many organizations, however, is that persistent
information silos and a lack of tools to enable effective
collaboration limits their ability to innovate.
Social ERP: a missed opportunity?
Modern ERP systems are embracing the concept of ‘social
ERP’— that is, ERP interfaces built using concepts borrowed
from social media to create truly collaborative workplaces.
Though organizations are well aware of the need for
collaboration in their business, they don’t always realize
the role ERP can play in the process: in a recent survey, we
found that just 10% of respondents believed that ERP can
exploit social media to a great extent.
In this eBook, we’ll take a closer look at how social ERP can
fuel innovation by becoming the backbone of a collaborative
environment that spans your entire organization, and
encompasses your customers and suppliers.
Do CFOs have the tools
they need to make
the best decisions for
business growth?
Executive summary
Did you know that 46 percent of CFOs are making important
decisions based only on instinct? And, that a third of
companies cite not having access to internal data quickly
enough as a key cause of decisionmaking mistakes?
These were just a few of the insights revealed by Epicor
Software Corporation’s latest research into the decisionmaking challenges CFOs and financial decisionmakers face,
especially when it comes to the role IT systems play in the
process.
The picture painted is complex: while CFOs value their
instinct and intuition in the decision-making process, they’re
increasingly being used to make decisions that should be
made based on hard facts. The primary culprit seems to be
inadequate IT systems: 60 percent of CFOs and financial
decision-makers still rely on Excel spreadsheets to interpret
data, suggesting that their current systems are unable to give
them the insight they need.
Crucially, the survey showed that profits increased for the
majority of organisations who had managed to overcome
these challenges. In this ebook, we’ll look at the results of the
survey in closer detail and explore how a modern financial IT
infrastructure, which delivers the right data to the right people
and at the right time, can help CFOs and financial decisionmakers back up instinct with relevant data they can rely on to
help their businesses grow.
Download white papers free from www.intelligentcio.com/me/whitepapers/
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