In the wake of the past year’s usual crop of failed ERP implementations, I’ve read a couple of blogs that bemoan the fact that ERP systems are not nearly as user-friendly or intuitive as the mobile apps that everyone loves. I’ve complained about this aspect of ERP, and our research confirms that ERP systems are viewed as cumbersome: Just one in five companies (21%) said it is easy to make changes to ERP systems while one-third (33%) said making changes is difficult or very difficult. Yet as...
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Topics:
Mobile,
SAP,
ERP,
Analytics,
Business Collaboration,
Business Performance,
Cloud Computing,
Financial Performance,
Oracle,
CFO,
Infor,
Workday,
Social,
business process,
FPM,
Intacct
Ventana Research recently released our Value Index on Workforce Management for 2014. We define workforce management as the set of processes by which organizations manage their hourly and salaried employees to maximize productivity. It involves not only tracking time worked and providing compensation for it but also aligning that work to the objectives of the organization and to the individual employee’s needs. Our Value Indexes are informed by more than a decade of analysis of how well...
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Topics:
Sales Performance,
SAP,
Social Media,
Human Capital Management,
Kronos,
Empower,
Operational Performance,
WFM,
Analytics,
Business Analytics,
Business Collaboration,
Business Intelligence,
Business Performance,
Cloud Computing,
Customer & Contact Center,
Mobility,
Oracle,
Workforce Performance,
Ceridian,
Infor,
SumTotal Systems,
Value Index,
Workforce Management,
Workplace
2013 was a big year for the annual HR Technology conference, as its well-known co-founder and leader for the past 16 years, Bill Kutik, stepped down, passing leadership of the event to Steve Boese, another familiar name in the community. Beyond the change in leadership, at this year’s show were a large number of vendors that have invested in new technology to advance human capital management (HCM). Overall I noted several interesting trends, some that were similar to those I written about...
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Topics:
Mobile,
Sales Performance,
SAP,
Social Media,
Supply Chain Performance,
Peoplefluent,
Recruiting,
Social Collaboration,
SuccessFactors,
Jibe,
Operational Performance,
Ultimate Software,
Business Performance,
Cloud Computing,
Customer & Contact Center,
Financial Performance,
Location Intelligence,
Oracle,
Workforce Performance,
Cornerstone OnDemand,
Infor,
Talemetry,
TribeHR,
Workday,
HR technology,
Hunite,
SumTotal,
Zao
Enterprise resource planning (ERP) systems emerged in the 1990s. Even though they don’t do much in the way of planning, the systems provide companies a means of centralizing and consolidating transaction data collection (such as purchase orders, inventory movements and depreciation), automating the management of processes, and handling the bookkeeping and financial record keeping for these transactions and related processes. ERP systems are an indispensable piece of IT infrastructure in today’s...
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Topics:
Mobile,
SAP,
Social Media,
Supply Chain Performance,
ERP,
Operational Performance,
Analytics,
Business Collaboration,
Business Performance,
Cloud Computing,
Financial Performance,
Oracle,
CFO,
Infor,
Workday,
Social,
FPM,
Intacct
At this year’s Inforum user group conference, Infor representatives showed the progress the organization has made since last year in transforming itself from a ragbag of mostly small, often obsolete software companies to a competitive vendor of a modern enterprise management software suite. Infor was created by private equity investors employing a “rollup” strategy, aimed at combining smaller companies within an industry to form a single larger company that could achieve economies of scale and...
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Topics:
Big Data,
Mobile,
Planning,
Sales Performance,
Social Media,
Supply Chain Performance,
GRC,
Office of Finance,
Budgeting,
closing,
IT Performance,
Operational Performance,
Analytics,
Business Analytics,
Business Collaboration,
Business Performance,
Cloud Computing,
Collaboration,
Customer & Contact Center,
Financial Performance,
Information Management,
Workforce Performance,
CFO,
Infor,
Risk,
FPM,
SEC
A recent news release by Robert Half, a staffing company that specializes in accounting and finance personnel, covered what it sees as the most important attributes required for auditors in the 21st century. “7 Attributes of Highly Effective Internal Auditors” covers the people dimension of the profession and focuses on the non-technical requirements of the role, including relationship-building, teamwork, and diversity. No doubt these skills are a must for just about anybody working in a modern...
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Topics:
Fraud,
Governance,
GRC,
Office of Finance,
audit,
Analytics,
Business Analytics,
Business Performance,
Financial Performance,
Governance, Risk & Compliance (GRC),
compliance,
Infor,
Risk,
HANA,
Oversight Systems
One of the new products that Infor announced at its recent Inforum user conference (which I covered here) is Local.ly, which is designed to facilitate localization of its applications (that is, adapting them for languages, units of measure, statutory requirements, customary processes and other specific features of the places where they will be used). Local.ly is scheduled to be released in the third quarter of this year. Infor points out that among other tasks the software can be used to...
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Topics:
ERP,
Office of Finance,
Local.ly,
Tax,
Analytics,
Business Analytics,
Financial Performance,
Governance, Risk & Compliance (GRC),
Infor
Infor described this year’s Inforum user group meeting as a coming-out party for a large startup company. Such a debut was necessary because Infor had been operating in something of a stealth mode for the past three years: a limited marketing presence, no unified message and a weak, sometimes inconsistent brand identity. It also needed to formally introduce Infor to customers of Lawson, the ERP supplier it acquired last year. The “startup” designation is meant to signal that Infor has been able...
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Topics:
Performance Management,
Sales Performance,
Salesforce.com,
SAP,
Social Media,
Supply Chain Performance,
Sustainability,
ERP,
Human Capital Management,
Marketing,
Epiphany,
expense management,
Lawson,
IT Performance,
Operational Performance,
Business Analytics,
Business Collaboration,
Business Intelligence,
Business Mobility,
Cloud Computing,
Customer & Contact Center,
Financial Performance,
Governance, Risk & Compliance (GRC),
IBM,
Information Applications,
Information Management,
Location Intelligence,
Operational Intelligence,
Oracle,
Workforce Performance,
CRM,
finance,
Infor,
Supply Chain,
Financial Performance Management
I recently got an update from Workday that focused mostly on its Financials software. This part of the company’s business management suite has received less development attention than the HR aspects since the company’s founding in 2005. The bulk of Workday’s development investment has aimed at making its human capital management applications an industry leader and adding related capabilities such as payroll. It’s hard to argue against this strategy, if only because Workday is the spiritual...
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Topics:
ERP,
Office of Finance,
expense management,
financial,
PSA,
Operational Performance,
Analytics,
Business Analytics,
Business Mobility,
Business Performance,
Cloud Computing,
Financial Performance,
Oracle,
Workforce Performance,
Infor,
Tidemark,
Workday,
Professional Services,
Project Management
I recently received an update from ERP software vendor Epicor, my first since it was acquired in May 2011 by Apax Partners, a private equity company, and simultaneously merged with Activant, an ERP and point-of-sale software company serving midsize retailers and distributors. In my view, taking the company private is a good idea since it will have to make ongoing investments that would not have been treated kindly by the stock market. Bringing Epicor and Activant together (and perhaps adding...
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Topics:
Big Data,
Microsoft,
Mobile,
SAP,
Social Media,
Supply Chain Performance,
ERP,
Dynamics,
Epicor,
Sage,
Operational Performance,
Analytics,
Business Analytics,
Business Collaboration,
Business Mobility,
Business Performance,
Cloud Computing,
Financial Performance,
Oracle,
Workforce Performance,
CRM,
Infor,
Social,
Financial Performance Management