The ERP Advisor

Salesforce signed a definitive agreement to acquire Spiff, a provider of a new class of incentive compensation management (ICM) software that combines an intuitive low-code UI, the familiarity of a spreadsheet, and a powerful processing engine to drive commissions automation at scale. Qlik announced the acquisition of Mozaic Data, an innovative AI-driven data management technology. ECI announced it has completed the acquisition of Treetop Group, a software company specializing in business software solutions for the Netherlands residential construction and craft industry.

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Oracle kicked off the week by opening a second Oracle Cloud region in Chile, making it the first hyperscaler to have two regions in the country. Epicor promoted interim CFO, Joe Ayers, to Executive Vice President and Chief Financial Officer. SAP expanded its integration with PayPal through the creation of digital payments plug-in for the PayPal Braintree Platform built on the SAP Business Technology Platform. Salesforce announced the general availability of Unlimited Edition + (UE+) a simplified technology package for businesses looking to accelerate growth with AI, data, and CRM. Certinia released its new AI capabilities and enhancements to its Services-as-a-Business platform. Finally, QAD released a new tool designed to drive supply chain value and enable customers to manage macroeconomic factors.

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Most ERP failures are rooted in poorly executed implementation methods, whether that be ill-prepared data migration plans, no defined success criteria, a lack of overall preparation, or any combination of these factors. ERP implementation failures, consequently, force businesses to accrue significant losses in time and money, which ultimately puts the business at greater risk. As a result, business leaders find themselves screaming into the void for guidance on managing these common pitfalls, and all too often, their pleas are met with confusing ERP jargon and finger-pointing. In this episode of the ERP Advisor, Shawn Windle addresses the common culprits of failed ERP implementations while uncovering the best practices to ensure businesses achieve real value with their new ERPs.

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As energy companies charge into 2024, they will look to grow their business by eliminating manual processes with advanced ERP solutions. Renewable energy has also resurged through the transformation of the U.S. energy system with The Inflation Reduction Act (IRA) and Bipartisan Infrastructure Law (BIL) "encouraging investment in American energy supply chains, clean energy job creation, emissions reduction, and consumer energy savings" (energy.gov). These changes may ultimately require companies to expand infrastructure and alternative energy conversion structures or plants. As a result, energy companies must prioritize their decision-making capabilities to ensure speed and a competitive edge, as well as prepare for more capital-intensive projects within their ever-evolving industry. But what are some of the biggest challenges being faced by energy companies? And how will ERP technology change their landscape in 2024? In this special mini-series, Shawn Windle showcases the exciting future for energy companies thanks to advancements in ERP and the trends that will shape the market in the new year.

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Regardless of the services your company is offering, advancements in ERP have created opportunities for service firms to reach new heights in 2024. Artificial Intelligence (AI) has dominated the conversation but will this net users with actual benefits or will it continue to be “hype” in the new year? What are the greatest takeaways from ERP in the service industry in 2023, and how can your business capitalize on these lessons and innovations? In this special mini-series, Shawn Windle analyzes the services industry and its greatest opportunities to foster growth and success in 2024.

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Sage began the week by releasing its financial results for the full year 2023 ending September 30, 2023. Oracle also announced its fiscal 2024 Q2 results and the opening of an Oracle Cloud Region in Colombia in partnership with Claro, becoming the first major cloud provider to establish a public cloud region in the country. Finally, IFS announced that it has made two senior appointments with Max Roberts and Belinda Finch joining the company’s executive leadership team as Chief Operating Officer and Chief Information Officer respectively.

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The week kicked off with fiscal 2024 third quarter financial results from Workday and Salesforce. IFS announced the general availability of the second of its twice-yearly IFS Cloud releases for 2023. Infor formed a partnership with ETQ to strengthen environmental, health, and safety solutions. Finally, AWS announced four new capabilities for AWS Supply Chain.

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The distribution industry is experiencing a strong upside in software capabilities as vendors improve their functionality heading into 2024. Distributors must evaluate and identify their needs to effectively leverage the new ERP technology available in their industry. But what are the roadblocks on the horizon in 2024, and what are the major takeaways of 2023? In this special mini-series, Shawn Windle uncovers his trends and predictions for the distribution industry, and how companies in this vertical can become more competitive in the new year.

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Manufacturers who need to select new ERP should know their options and how to define their business and industry requirements. But what ERP challenges will manufacturers experience next year and what are the best strategies to avoid them? In this special mini-series, Shawn Windle evaluates recent manufacturing ERP trends, and how to maximize opportunities for software improvements in the new year.

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AWS and Salesforce kicked off the week by announcing a significant expansion of their global strategic partnership, deepening product integrations across data and AI. Qlik announced its new integrations and AI-powered solutions with AWS to Qlik Cloud, helping customers scale the power of large language models (LLMs). Finally, Aptean acquired 3T Logistics & Technology Group, a provider of cloud-based transportation management systems for the United Kingdom and broader Europe.

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