The ERP Advisor

Many Manufacturers are now offering adjacent services to their core manufacturing activities, whether through acquisitions or internal expansion. When manufacturers break into these adjacent services, it forces them to identify and develop an ERP strategy that will meet their requirements for new processes that lie outside the manufacturing lifecycle. But how can a manufacturer ensure their new business needs are met while maintaining the integrity of their manufacturing processes? In this episode of The ERP Advisor, Shawn Windle will review case studies for unique manufacturers and how they successfully managed their business requirements and expanded into adjacent services.

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IFS announced its financial results for the first quarter ending March 31, 2024. Microsoft announced results for the quarter ended March 31, 2024, as compared to the corresponding period of last fiscal year. Oracle introduced new capabilities to Oracle Fusion Cloud Applications Suite to help healthcare organizations drive operational efficiency, empower employees, and improve patient outcomes. OneStream Software announced a new automated Narrative Reporting approach within the OneStream platform at OneStream Connect – London, its regional customer conference in the United Kingdom.

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Oracle’s Oracle Corporation Japan announced that it plans to invest more than $8 billion over the next 10 years to meet the growing demand for cloud computing and AI infrastructure in Japan. NetSuite announced a series of new product innovations to help businesses in the UK optimize finance processes, expand insights, and increase efficiency. SAP announced AI advancements in its supply chain solutions to empower users with greater productivity, efficiency, and precision in manufacturing. Certinia unveiled its Spring 2024 release features with a range of new and enhanced capabilities – including several major developments incorporating AI into its platform – to help services businesses generate more accurate forecasts, make more informed decisions, and boost productivity.

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Private equity-backed companies implementing a platform strategy can face complexities when selecting a single ERP. How can Private Equity firms define the best ERP strategy for their portfolio companies? And how can they overcome the barriers to a successful implementation, especially when migrating two or more companies into a new ERP simultaneously? In this episode of The ERP Advisor, Shawn Windle reviews real case studies from our PE client experiences and the successful practices that helped each achieve a successful go-live.

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Deltek unveiled Dela, its AI-powered, intelligent business companion. QAD released the latest enhancements to its comprehensive suite of Adaptive Applications. ECI announced that its job shop product, JobBOSS2, has now integrated uniPoint to deliver advanced quality management and enhanced customer service. Microsoft announced new Microsoft Dynamics 365 and Microsoft Copilot innovations for supply chain, sales, and service in the 2024 release wave 1. OneStream Software announced its Annual Recurring Revenue (ARR) is over $450 million, up 34% year-over-year, as of the first quarter ended March 31, 2024.

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Epicor announced it has surpassed $1 billion in annual recurring revenue (ARR), realizing 42% year-over-year SaaS-based cloud revenue growth in its fiscal year 2023. Infor announced the launch of Infor GenAI and ESG Reporting. Salesforce announced AI-powered enhancements to its MuleSoft automation, integration, and API management solutions to help business users and developers improve productivity, simplify workflows, and accelerate time to value.

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NetSuite began the week by launching functionality across its suite of data offerings. Microsoft and NVIDIA expanded their longstanding collaboration with new integrations to leverage NVIDIA's generative AI and Omniverse technologies. Oracle and NVIDIA expanded their collaboration to deliver sovereign AI solutions to customers around the world. SAP and NVIDIA expanded their partnership to focus on accelerating enterprise customers’ ability to harness data and generative AI across SAP’s portfolio of cloud solutions and applications. Sage and The BOSS Network announced the 25 awardees of the 2024 Sage Invest in Progress grant to support black women entrepreneurs in their first five years of business.

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Workday announced the availability of Workday Adaptive Planning and Consolidation, a new solution that brings together the agile planning of Workday Adaptive Planning and the comprehensive close and consolidation capabilities of Workday Financial Management. ECI announced a new strategic alliance with Pros Elite Group, an operations, sales, and analytics provider. Unit4 announced the launch of Smart Automation Services to enable its customers to leverage AI and context awareness capabilities to improve efficiency and productivity. Acumatica announced the general availability of Acumatica 2024 R1, the first of its semiannual product releases, as previewed at the Acumatica Summit 2024.

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A food and beverage company juggles unique business requirements such as health and safety, regulatory compliance, food quality, and labeling which are complicated to implement. However, legacy applications usually fail to meet all these important needs for mid-sized companies. While the food industry giants tend to rely on a handful of Tier 1 ERPs, what is a mid-market food manufacturer or distributor supposed to do when they have outgrown their legacy software? In this episode of The ERP Advisor, Shawn Windle reviews ERP case studies for mid-sized food and beverage companies and the common success factors for migrating to new food and beverage ERPs.

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Confused about what an ERP system is, how to buy it, and from whom, or what you truly need for a complete ERP implementation? You may think you know all the answers to these questions, but if you’re like thousands of CFOs, Controllers, and other Accounting Professionals that we talk to each year, you are likely missing key pieces of the puzzle. In this episode of The ERP Advisor, Shawn Windle will provide a crash course on the basics of ERP systems and highlight the value the right system can provide to your business.

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