The ERP Advisor

The economy can be a rollercoaster, with ever-evolving trends, technological advancements, and more. During a time when banks are failing, oil prices are going up, and there is continuing leadership turbulence in the country, it can be difficult to be optimistic about the future state of the market or even begin to consider a potential ERP evaluation, but is that really the right mindset? Join ERP expert, Shawn Windle, in evaluating the case for ERP during uncertain times.

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Blackbaud announced the general availability of a new expansive feature for Blackbaud TeamRaiser in the U.S. and Canada. Good Move is designed to help charitable organizations energize their constituents and raise more with mobile-first gamified activity-tracking and peer-to-peer fundraising experience, leveraging Kilter acquired by Blackbaud in late 2022. Microsoft announced that it is bringing its AI offerings to cybersecurity with the launch of Microsoft Security Copilot, a tool designed to quickly detect and respond to threats and better understand the threat landscape overall. Salesforce announced new Automotive Cloud features to assist automotive companies in increasing productivity, revenue, and customer loyalty through immersive, in-car experiences powered by real-time personalization and building truly connected experiences. UKG is helping organizations of all sizes and across all industries transform payday and empower their people to improve financial wellness with UKG Wallet, offering earned wage access, budgeting tools, financial literacy and counseling, and peer-to-peer payments.

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The topic at the forefront of ERP trends in recent years has been the advancement and widescale offering of Cloud ERP, with an increasing number of legacy ERP users taking the plunge into major ERP upgrades. As Cloud ERP advances, customers find themselves disoriented by a lack of clarity around the future of legacy applications and their impact on their enterprises, fearing the worst. In this episode of The ERP Advisor, ERP Expert Shawn Windle will be joined by special guest, Acumatica’s Vice President of VP Partner Programs and Strategy, CJ Boguszewski, to assist legacy software users in confronting their ERP migrations to the cloud.

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Blackbaud confirmed that its board of directors received, thoroughly reviewed, and rejected an unsolicited, non-binding proposal from Clearlake Capital Group, L.P. to acquire all of the outstanding shares of the Company for $71.00 per share in cash. Microsoft Entrepreneurship for Positive Impact announced a new collaboration with The Nasdaq Entrepreneurial Center, a non-profit committed to growing inclusion and access for entrepreneurs worldwide. Sage announced the launch of its Sage Foundation Growth Program incubator to empower nonprofit leaders in the United States. Salesforce recapped its philanthropy in the fourth quarter of the fiscal year 2023, ended January 31, 2023. NetSuite launched MyLearn, a new digital learning platform that provides access to live training and on-demand modules in a personalized and engaging environment. SAP announced GROW with SAP, a new offering to help midsize customers adopt cloud ERP that enables speed, predictability, and continuous innovation, offering the benefits of rapid deployment and frictionless updates.

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Oracle announced its fiscal 2023 Q3 results. Last week, we also had the pleasure of attending Oracle’s Strategic Leadership Conference in Nashville. Microsoft released details surrounding Microsoft 365 Copilot, which is currently still in testing with select commercial customers. Salesforce launched Einstein GPT, the world’s first generative AI CRM technology to deliver AI-created content across every sales, service, marketing, commerce, and IT interaction. In tandem, Salesforce Ventures, the company’s global investment arm, launched a new $250 million generative AI fund. SAP announced it has agreed to sell all of its 423 million shares of Qualtrics International Inc. as part of the acquisition of Qualtrics by funds affiliated with Silver Lake, as well as CPP Investments.

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Workday released results for the fiscal 2023 fourth quarter and full year ended January 31, 2023. Salesforce announced results for its fourth quarter and full fiscal year ended on January 31, 2023. Microsoft made significant advancements utilizing its recent investment in OpenAI. First, Microsoft unveiled Dynamics 365 Copilot, aimed at helping enterprise CRM and CX software users save time on routine tasks with new AI-backed tools. Microsoft then introduced Power Virtual Agents conversation booster and AI Builder model with content generation. Epicor acquired DSPanel, a global provider of cloud-based Financial Planning & Analysis (FP&A) solutions and an existing Epicor ISV partner.

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Organizations around the world confront ERP implementations every year; one of the most extensive projects undertaken that can make or break your organization’s future growth. Due to the disruptive nature of this decision, businesses find themselves in the pit of contention, attempting to balance go-live efforts and organizational expectations, leaving many to wonder, “Did we make the wrong decision?” Even when the right system was selected, users need to know how to get through the thick of implementation and post-go-live. Join us on this episode of The ERP Advisor where ERP Expert, Shawn Windle, and special guest, Ranga Bodla, VP of Field Engagement & Marketing at NetSuite, will break down the challenges faced post-implementation to assist ERP users in setting realistic expectations even in times of transformation.

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Sage announced a series of updates to Sage Intacct, from simplifying and automating bill processing to increasing visibility as part of the Sage Intacct 2023 Release 1. Infor announced the availability of Infor Clinical Science, part of the Infor Workplace Management suite. OneStream announced expanded capabilities for its Sensible ML solution, increasing machine learning forecasting transparency and explainability of key business drivers. Salesforce released new innovations built for the communications industry including feature analytics, AI, and prebuilt solutions that automate common processes and a new integration with WhatsApp to streamline and enrich customer engagement. UKG announced financial results for the first quarter of fiscal 2023.

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Blackbaud announced financial results for its fourth quarter and full year ended December 31, 2022. Full-year 2022 total revenue exceeded $1 billion with 14% growth, which met or exceeded guidance. GAAP total revenue was $274.8 million, up 10.8%, with $265.2 million in GAAP recurring revenue, up 11.1%. On February 14th, NetSuite celebrated the one-year anniversary of the NetSuite Accelerator program, encouraging diversity in entrepreneurship. In the last year, the program has partnered with five organizations that share in its goal of helping founders and leaders from diverse communities build successful businesses and has had 22 organizations join the program. Salesforce announced it will purchase 280,000 megawatt hours of renewable energy certificates from small, distributed energy projects over the next eight years to accelerate clean electricity access in emerging markets and help maintain its commitment to match 100% of the electricity it uses with renewables. BT, the UK’s leading telco, switched on its Internet of Things (IoT) national roaming SIMs for businesses across the UK, allowing them to keep smart devices permanently connected regardless of location. This will give users reliable, fast network access no matter where they are – in cities, rural areas, or by the coast.

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Business in the 21st century is driven by the data collected through accounting systems, ERPs, and other business applications. Harnessing this information is the first step to driving down costs and increasing profitability. But how do you know what tools can really help you? While some ERP vendors have compatible Business Intelligence and analytics tools included in their technology stack, there are MANY third-party BI applications that could further fulfill your needs. In this free CPE session, Shawn Windle will provide CFOs and other senior financial executives with a methodology for identifying and selecting the right BI and analytics tools.

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