Traditional providers of ERP systems typically sought to expand their
functional footprint to include complementary applications outside of
core ERP. Now cloud ERP vendors are adopting a similar strategy,
bringing significant benefits to buyers.
For most companies, an ERP system is generally at the center of the business systems strategy. But a comprehensive applications portfolio includes much more than ERP.
Most companies, even small and midsize businesses, have a surprising
number of important systems outside of ERP.
By way of example, Figure 1 shows our proposed future applications landscape for a current
client of my consulting firm, Strativa. (Company-specific references are removed). Although just a midsize company, it has plants and distribution centers around
the world. As a result, the future applications portfolio will be quite
extensive. At the core, within the red circle are the core ERP
functions. Outside the circle are other enterprise system
s that must
interact with the core ERP system. Nearly all of these systems will be
new, or replacements of current systems.
Read the rest of this post on the Strativa blog: The Growing Circle of Cloud ERP
Labels: cloud, ERP