Ask, Share, Learn – Within the Largest Community of Corporate Finance Professionals

Cloud ERP Inside & Out: What’s New & Relevant to Drive Business Growth

• Understand current trends in Cloud ERP adoption

• Discover how the value proposition of a Cloud ERP has evolved over the past five years and how to define the value proposition for your company

• Understand current and emerging trends in Cloud ERP functionality

• Discover the challenges and benefits of adopting an enterprise-wide cloud solution technology strategy

Learning Objectives

After attending this event you will be able to:

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Ask, Share, Learn – Within the Largest Community of Corporate Finance Professionals

Cloud ERP Inside & Out: What’s New & Relevant to Drive Business GrowthMartin McNicoll, President, ERP Guru

Agenda

1. What is the current definition of ERP 

2. What are current trends in Cloud ERP

3. How has the value proposition of an ERP upgrade changed over the past five years?

4. Where is ERP (Cloud ERP) headed moving forward in terms of functionality

5. Impact of Cloud ERP on the Omni-channel trend

6. If you go Cloud ERP, why the cloud myths are now a thing of the past

7. Will Gregerson, CFO of Schaeffer Oil, on how he took his enterprise to the Cloud.

What is the current definition of ERP 

Enterprise resource planning (ERP) is a business management software — usually a suite of integrated applications that a company can use to collect, store, manage and interpret data from many business activities

Source: Wikipedia

What are current trends in Cloud ERP

• Mobile ERP

• Two-Tier ERP

• Social ERP

Source: www.enterpriseappstoday.com

What are current trends in Cloud ERPVendor / industry trends

• More software companies are offering cloud-based accounting solutions, the precursor to ERP

• Complementary solutions are specializing & offering pre-packaged integration with API’s. Examples:

• Tax solutions• Budgeting• Business Intelligence

• Cloud ERP solutions are becoming platforms, enabling automation of other processes within the organization

What are current trends in Cloud ERP

Implementation Trends

• Main reason for implementation going over schedule / over budget: scope increase (or scope creep) to account for organizational issues

• More organizations using professional firms

Source : Panorama Consulting Solutions developed the 2014 ERP Report

How has the value proposition of an ERP upgrade changed over the past five years?

• Rarely has there been significant value in upgrades

• Upgrades are mostly minor events in the Cloud ERP realm, thanks to the multi-tenant mode.

How has the value proposition of an ERP upgrade changed over the past five years?

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Cloud ERP Inside & Out: What’s New & Relevant to Drive Business Growth