Charting your course to the right ERP
Charting your course to the right ERP
Insight

Charting your course to the right ERP

Software selections can no longer be just pure technology plays. Rather, they need to fully align with the business and its imperatives.

For many organizations, finding the right ERP to support their strategic vision, business goals, and operational needs presents a real challenge. Complex issues such as tax implications, cybersecurity concerns, intelligent automation trends, and new disruptive technologies along with ever-present competitors create a real sense of urgency to act. Combine that with the likely dependence on outmoded technologies that often will not integrate with the latest applications—all this taken together creates an opportunity to explore alternatives and redefine new strategic paths.

If your organization’s technology does not drive the needed business outcomes or add value to your company, updating it can no longer be addressed by simply fixing technology problems, especially where:

  • Technology is implemented without understanding the full implications and complexities across the entire back office.
  • A better platform or newer technology is implemented to achieve short-term outcomes; this can often result in business disruption without any real long-term value.
  • Purchasing an application is based on a knee-jerk reaction to solve a singular operational or business issue.

These kinds of choices made without a sound business-led strategy can, and often do, lead to disappointing results, thus increasing the chance of failure. Under these circumstances, many enterprises are looking for answers to questions such as:

  • Where, as an organization, do we want to be in three to five years?
  • How do we transform our operations to better leverage the new, disruptive technologies that will support this future?
  • What’s the best way to implement a large-scale tech transformation that’s built on a solid business-led vision and supported by the right technology?
  • How can my organization meet our business objectives?
  • What are other organizations in my situation doing in the technology space?
Two out of three transformation projects fail. A business-led strategy can help prevent that.
KPMG secondary research compiled from various 2017 studies on large-scale business transformation implementation

To set the right vision for the future—one that guides the technology selection process, drives real business change, and improves company alignment—it takes a plan. And that plan requires a modular approach tied to a strategic framework to allow the right business ideas and technologies to surface and then be brought together.

Moving to a high-impact, business-led technology strategy can transform the decision-making process and take your organization beyond reactive software and vendor selection. With KPMG’s Technology Strategy and Selection (TSS) leading-practice approach, templates, tools, and accelerators, you get guidance to develop a technology strategy that best aligns with your business imperatives and organizational needs. And you get answers to the many questions you have, allowing you to define and improve your strategic impact.

Learn more about gaining the full benefit of your technology investments, KPMG's TSS services and read a client story in our article below.

 

Charting your course to the right ERP

Software selections can no longer be just pure technology plays. Rather, they need to fully align with the business and its imperatives.

 

KPMG complies with the auditor independence rules of the AICPA, SEC, PCAOB and DOL. As a result, some services described herein may not be available to our audit clients. KPMG audit clients should check with their respective lead audit partner for more information.