Digital transformation is a concise and wildly overused term to describe the process businesses – of all sizes – are undertaking to scale their activities for growth by leveraging digital technologies. For several years, the term digital transformation has thrived in articles, interviews, webinars, white papers and books, not to exclude summits, conferences and, of course, seminars.
So, what are you waiting for – the next business transformation wave?
Is your business a digitally optimized enterprise?
Businesses that want to compete by leveraging real-time analytics and enterprise-wide business intelligence are embracing digital disruption to ready their operations for growth. In all markets – healthcare, financial services, insurance, professional services and more – companies are shifting from a mindset of maintaining operations to propelling operations. For businesses, large and small, is it an age of change – a time for taking a leap of faith that digitally transforming operations will not only better nurture client services and support, it will also create new opportunities for expanding client numbers.
For example, increasingly, companies are discovering cloud-based ERP is an excellent option. Smaller companies implementing their first ERP system will often find subscription SaaS the most cost effective way to deploy a world-class ERP solution. Larger companies that are expanding operations worldwide can use cloud ERP to replicate business processes consistently around the globe. Companies now need to evolve quickly, which means being able to move some or all business operations to an existing or new ERP instance quickly and inexpensively, anywhere in the world.
With digital technologies, and innovations, such as cloud ERP, better and more instant scalability is attainable. Currently, businesses in most industries, especially manufacturing, are looking to increase business process automation with Cloud ERP software. For applications from automating data collection and accounting to managing inventory, marketing and operations data, Cloud ERP software can be a game changer. Cloud ERP provides cost saving, scalability and flexibility – all without the capital outlay of networking hardware. With cloud subscriptions, businesses can easily scale services to meet growth requirements while leveraging a remote workforce.
Additionally, today’s rising workforce – Millennials – are a digitally-minded bunch, pushing digital transformation as they seek to carve out business processes that rely more on collaborative, mobile-friendly technologies. Millennials don’t want to accept traditional approaches to business process management and enterprise planning. They are all about what is faster, better and, of course, mobile which means, naturally, they are focused on digital transformation.
Clearly, ERP innovators have picked up on the advancements required to elevate ERP solutions in compliance with the demands of today’s escalating workforce. ERP software is now mobile friendly, capable of providing real-time, advanced business intelligence to enable better business insight. ERP developers are introducing user interfaces that are more intuitive than ever, providing not only the functionality required to keep Millennials working, but also the user experience Millennials demand.