ERP Advisors Group

NetSuite began the week by launching functionality across its suite of data offerings. Microsoft and NVIDIA expanded their longstanding collaboration with new integrations to leverage NVIDIA's generative AI and Omniverse technologies. Oracle and NVIDIA expanded their collaboration to deliver sovereign AI solutions to customers around the world. SAP and NVIDIA expanded their partnership to focus on accelerating enterprise customers’ ability to harness data and generative AI across SAP’s portfolio of cloud solutions and applications. Sage and The BOSS Network announced the 25 awardees of the 2024 Sage Invest in Progress grant to support black women entrepreneurs in their first five years of business.

Workday announced the availability of Workday Adaptive Planning and Consolidation, a new solution that brings together the agile planning of Workday Adaptive Planning and the comprehensive close and consolidation capabilities of Workday Financial Management. ECI announced a new strategic alliance with Pros Elite Group, an operations, sales, and analytics provider. Unit4 announced the launch of Smart Automation Services to enable its customers to leverage AI and context awareness capabilities to improve efficiency and productivity. Acumatica announced the general availability of Acumatica 2024 R1, the first of its semiannual product releases, as previewed at the Acumatica Summit 2024.

A food and beverage company juggles unique business requirements such as health and safety, regulatory compliance, food quality, and labeling which are complicated to implement. However, legacy applications usually fail to meet all these important needs for mid-sized companies. While the food industry giants tend to rely on a handful of Tier 1 ERPs, what is a mid-market food manufacturer or distributor supposed to do when they have outgrown their legacy software? In this episode of The ERP Advisor, Shawn Windle reviews ERP case studies for mid-sized food and beverage companies and the common success factors for migrating to new food and beverage ERPs.

Confused about what an ERP system is, how to buy it, and from whom, or what you truly need for a complete ERP implementation? You may think you know all the answers to these questions, but if you’re like thousands of CFOs, Controllers, and other Accounting Professionals that we talk to each year, you are likely missing key pieces of the puzzle. In this episode of The ERP Advisor, Shawn Windle will provide a crash course on the basics of ERP systems and highlight the value the right system can provide to your business.

Oracle began the week by announcing its fiscal 2024 third-quarter results. Microsoft and Oracle announced the expansion of their recent partnership to meet growing customer demand for Oracle Database@Azure. Salesforce announced the Einstein 1 Field Service Edition, a new, streamlined package for field service organizations that helps deliver increased operational efficiency and technician productivity. Finally SAP announced a new composable payment solution, SAP Commerce Cloud, to help retailers become more agile as new payment options gain popularity.

UKG kicked off the week by providing a business update for the first quarter of fiscal 2024 ending December 31st, 2023. Oracle announced the general availability of Oracle's Globally Distributed Autonomous Database, giving customers control over their data distribution and data placement policies. Salesforce announced the Data Cloud Spring ’24 Release, which includes new innovations to make data in Data Cloud more usable across Salesforce’s CRM applications and platform services. Finally, SAP announced new capabilities in the SAP Datasphere solution, including a generative AI feature, transformed enterprise planning through simplified data landscapes, and more intuitive data interaction.

ERP Advisors Group’s Founder and Managing Principal, Shawn Windle, attended this year’s Sage Transform 2024 conference in Las Vegas, Nevada. Shawn joined Digital Marketing Manager, Rebekah McCabe, to discuss Sage’s product enhancements and other major announcements. In this special episode of The ERP Advisor, Shawn Windle reflects on Sage Transform 2024 and shares his perspective on the conference.

Sage began the week by highlighting several announcements at Sage Transform 2024, its annual conference in Las Vegas. Salesforce announced its fiscal fourth quarter and full year 2024 financial results for the period ended January 31, 2024. Workday entered a definitive agreement to acquire HiredScore, a provider of AI-powered talent orchestration solutions. Finally, QAD announced the launch of its Industrial Transformation Platform to redefine global business operations and help companies become “Adaptive Enterprises."

Selecting a field service-specific application is complicated, with many businesses considering themselves part of another, larger industry segment and lacking an understanding of how their unique requirements play into selecting software. As a result, field service companies often settle for the wrong solution and face obstacles that could have been avoided had they implemented the proper functionality. Field services require high-level automation for estimating, quoting, work orders, and much more, making it difficult to simply “identify” the right application, not to mention determining the correct software, third-party add-ons, and implementation partner. In this episode of The ERP Advisor, Shawn Windle will uncover the most important factors to consider when selecting software for your field services company.

Aptean began the week by announcing its acquisition of Momentis, a provider of purpose-built software solutions for fashion, apparel, footwear, textile, and accessories industries. Blackbaud announced its financial results for its fourth quarter and full year ended December 31, 2023. Oracle introduced new logistics capabilities within Oracle Fusion Cloud Supply Chain & Manufacturing (SCM). Finally, SAP created a new end-to-end growth area focused on AI from their new Chief Artificial Intelligence Officer (CAIO).

This year, ERP Advisors Group's Digital Marketing Manager, Rebekah McCabe, attended the Acumatica Summit 2024 between January 28 and January 31 in Las Vegas, Nevada. Rebekah joined ERP Advisors Group's Founder and Managing Principal, Shawn Windle to evaluate Acumatica’s recent product updates and evolving industry strategies. In this special episode of The ERP Advisor, the two reflect on the Acumatica Summit 2024 and share their viewpoints on the conference.

Microsoft began the week by announcing its Q2 financial results for the period ending December 31, 2023. IFS announced its financial results for the full year ending December 31, 2023. Acumatica announced its redesigned user interface, cross-industry capabilities, and celebrated customer growth on day two of its 2024 Summit. Certinia announced its winter 2024 release. Finally, Rootstock also announced its winter release featuring enhancements to Rootstock Financials and other product updates.

SAP began the week by announcing its financial results for the fourth quarter and fiscal year ended December 31, 2023. Oracle announced the general availability of Oracle OPERA Cloud Central, providing a comprehensive view of the hotel business, including distribution, sales, service interactions, loyalty programs, and more. IFS announced its appointment of a new Chief Sustainability Officer, Sophie Graham. Qlik announced the establishment of its inaugural AI Council to accelerate the responsible development of its AI-driven product portfolio to help customers use their data to achieve more significant business outcomes.

In this episode of the ERP Advisor, Shawn Windle and Quentin DeWitt break down the role of ERP customizations and when they are necessary to extend functionality for complex business requirements.

Sage kicked off the week by announcing its financial results for the period ending December 31, 2023. IFS announced Mark Moffat as its new Chief Executive Officer. Salesforce announced its automations to connect multiple apps into a singular workflow within Slack. Finally, Qlik acquired intellectual property from Kyndi, an innovator in natural language, processing, search, and generative AI.

After reviewing the biggest ERP headlines and advancements of 2023, it is time to evaluate where ERP is going in 2024. With AI and industry-specific enhancements, along with major technology innovations, these and many other ERP forces are set to converge, which will dramatically benefit customers in ways we cannot even imagine in 2024. But how will the ERP vendors really enhance their products to achieve this vision? And how will their strategies compare to 2023? In this special episode of The ERP Advisor, Shawn Windle & Rebekah McCabe make their ERP market predictions for 2024, and how these trends could impact your business.

The ERP space is vastly changing as vendors continuously improve their software solutions and the platforms on which they offer them. There was no shortage of innovation in the world of ERP in 2023 whether it was new tools, improvements to AI, or platform upgrades. In this episode of The ERP Advisor, ERP expert, Shawn Windle, and industry analyst, Rebekah McCabe, highlight the past year of ERP by evaluating major headlines, market trends, and exciting innovations that emerged in 2023.

Microsoft began the week by announcing new generative AI and data solutions and capabilities for retailers that span the whole shopping journey. SAP also introduced its new AI-driven capabilities to optimize retailers’ business processes. Workday announced their retail sector’s new high, exceeding $1 billion in ARR. Salesforce announced new data and AI-powered tools to transform every shopping experience. OneStream announced its financial results for the fiscal year-end of 2023. Finally, Rootstock announced the launch of its QuickStart Implementation for Manufacturers.

Deltek kicked off the week by announcing its acquisition of ProPricer, a proposal pricing solution for government contractors and government agencies. UKG began 2024 by announcing that Newsweek had named them to its America’s Greatest Workplaces for Diversity list for the second consecutive year.

Microsoft made major enhancements to Microsoft Dynamics 365 Finance, announcing the general availability of business performance planning capabilities to equip customers with a comprehensive view of financial and operational performance. nCino, a cloud banking solution for the global financial services industry, announced an expanded partnership with Salesforce to accelerate the delivery of financial service solutions to the market, building upon their long-standing collaboration.

Nonprofits desire streamlined, automated processes for financial planning and analysis (FP&A), grants and donor management, and managing their projects and programs. Achieving efficiency and simplicity positively impacts their mission by freeing up valuable resources. In this special mini-series, Shawn Windle reveals his trends and predictions for the nonprofit industry, and the best practices organizations can leverage to reach their goals in 2024.

After all your hard work during your ERP implementation, you’re now ready to flip the switch. But how do you really know you’re ready to cutover and successfully go-live with your new ERP? And what benefits should you expect right after go-live? In this episode of the ERP Advisor, Shawn Windle breaks down what to really expect before, during, and after your go-live cutover.

Salesforce signed a definitive agreement to acquire Spiff, a provider of a new class of incentive compensation management (ICM) software that combines an intuitive low-code UI, the familiarity of a spreadsheet, and a powerful processing engine to drive commissions automation at scale. Qlik announced the acquisition of Mozaic Data, an innovative AI-driven data management technology. ECI announced it has completed the acquisition of Treetop Group, a software company specializing in business software solutions for the Netherlands residential construction and craft industry.

Oracle kicked off the week by opening a second Oracle Cloud region in Chile, making it the first hyperscaler to have two regions in the country. Epicor promoted interim CFO, Joe Ayers, to Executive Vice President and Chief Financial Officer. SAP expanded its integration with PayPal through the creation of digital payments plug-in for the PayPal Braintree Platform built on the SAP Business Technology Platform. Salesforce announced the general availability of Unlimited Edition + (UE+) a simplified technology package for businesses looking to accelerate growth with AI, data, and CRM. Certinia released its new AI capabilities and enhancements to its Services-as-a-Business platform. Finally, QAD released a new tool designed to drive supply chain value and enable customers to manage macroeconomic factors.

As energy companies charge into 2024, they will look to grow their business by eliminating manual processes with advanced ERP solutions. Renewable energy has also resurged through the transformation of the U.S. energy system with The Inflation Reduction Act (IRA) and Bipartisan Infrastructure Law (BIL) "encouraging investment in American energy supply chains, clean energy job creation, emissions reduction, and consumer energy savings" (energy.gov). These changes may ultimately require companies to expand infrastructure and alternative energy conversion structures or plants. As a result, energy companies must prioritize their decision-making capabilities to ensure speed and a competitive edge, as well as prepare for more capital-intensive projects within their ever-evolving industry. But what are some of the biggest challenges being faced by energy companies? And how will ERP technology change their landscape in 2024? In this special mini-series, Shawn Windle showcases the exciting future for energy companies thanks to advancements in ERP and the trends that will shape the market in the new year.