ERP: Enterprise Resource Planning or Platform?
How the acronym has changed during the years
The current business climate has forced individuals and companies to think faster, further, and more efficiently. ERP software solutions need to facilitate rapid change and the ability to deploy ever-changing business requirements and operational challenges almost at lightning speed.
But what does this mean for your current ERP solution?
How about development freezes and downtime because you want to upgrade or offer new functionality to your users? What about having to retrofit your custom code again and again?
ERP solutions typically try to maximize functional scope, i.e. optimizing/planning for finance, production, HR, and supply chain: “One size fit’s all!”.
This is only part of what is required these days.
Today, it is not only about functionality. It is also about the ability of a platform to deliver that functionality fast and without disrupting processes and businesses.
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What does this mean for you?
In these times of uncertainty, one thing is becoming vital for every company: preserve revenues and conserve cash. Also, having immediate ROI will be fundamental, and that is linked to the agility and efficiency of creating and deploying specific functionality as part of your ERP.
The next generation of ERP is not just a planning system, it is a platform. From day one, from the ground up, the same platform used to build ERP should be the same platform that is used to deliver the customizations that provide the unique functionality required to make your business more competitive.
Steltix recently partnered with?Nextworld, an Enterprise Resource?Platform?that future-proofs your business, keeping you?ahead?of what’s next.
How?
These are challenging times. Now challenge yourself and the way you define your ERP. The way it serves your business. Look at it from both a functional and technological point of view.
With an Enterprise Resource Platform, like?Nextworld, where applications are separate from the technology, you will be on top of your game, always.
Founder, Growth Consultant | Business Finance and Strategy Expert
1 年Great read! here at Tovuti LMS we are scaling to what we coin as a KRP(knowledge resource platform). Imagine all of the knowledge, aka content, collateral, training, and key information that provides continuity of business and workforce readiness...
Measured Executive | ERP/SCM/Integration Implementer | Enterprise Transformation | Strategic Partner Leader | Solution Advisor | Technologist
2 年I've been working with Nextworld for 4 years, you have to see this product!