The ERP Minute - Episode 67
Last week, a number of vendors announced financial results for the fiscal third quarter of 2023 and end-of-year results for 2022. Workday announced results for the fiscal 2023 third quarter, which ended October 31, 2022. Salesforce released results for its third quarter fiscal 2023, ending October 31, 2022. Intuit Inc., the global financial technology platform that makes TurboTax, Credit Karma, QuickBooks, and Mailchimp, announced financial results for the first quarter of fiscal 2023, which ended October 31, 2022. UKG announced its fourth quarter and fiscal year 2022 results, ending September 30, 2022. Aptean announced its acquisition of Mistral Group, a French provider of enterprise resource planning solutions designed for dealers and distributors of agricultural and construction equipment. AWS debuted AWS Supply Chain, a new application that helps businesses increase supply chain visibility to make faster, more informed decisions that mitigate risks, save costs, and improve customer experiences.
https://www.erpadvisorsgroup.com
866-499-8550
LinkedIn:
https://www.linkedin.com/company/erp-advisors-group
Twitter:
https://twitter.com/erpadvisorsgrp
Facebook:
https://www.facebook.com/erpadvisors
Instagram:
https://www.instagram.com/erpadvisorsgroup
Pinterest:
https://www.pinterest.com/erpadvisorsgroup
Medium:
https://medium.com/@erpadvisorsgroup
11
views
The ERP Minute - Episode 66
Last week, reliable sources confirmed that IFS acquired P2 Energy Solutions, a software and data solutions provider for upstream oil and gas, including financial & accounting management software, geospatial data, land asset management tools, and well lifecycle management solutions. Blackbaud will ring the closing bell at Nasdaq to celebrate the 10th anniversary of GivingTuesday, the global movement focused on spreading generosity on the Tuesday following Black Friday and Cyber Monday. We saw major announcements from Epicor and Qlik. Epicor released a service CRM for automotive businesses. Qlik debuted its suite of SAP Accelerators now available on Qlik Cloud Data Integration, its Enterprise Integration Platform as a Service (eiPaaS).
December 15th, Lesson From the Trenches: An ERP Implementation Consultant's Year in Review: https://www.erpadvisorsgroup.com/events/consulting-lessons-learned
January 5th, 2023 ERP Trends & Predictions: https://www.erpadvisorsgroup.com/events/2023-erp-trends-and-predictions
4
views
The ERP Minute - Episode 65
Sage announced its full-year 2022 financial results, which ended September 30, 2022. Organic recurring revenue growth was 9%, underpinned by Sage Business Cloud’s growth of 24%. The organic operating margin also increased to 19.9%, with an underlying basic EPS growth of 8%. Microsoft and Lockheed Martin announced the expansion of their strategic relationship to help power the next generation of technology for the Department of Defense (DOD). This agreement will span across four critical areas for the DOD, including classified cloud innovations, artificial intelligence/machine learning, modeling, & simulation capabilities, 5G. MIL programs, and digital transformation. At the SAP TechEd conference, SAP announced the launch of SAP Build, a low-code solution that puts SAP’s enterprise technology in the hands of business users, giving them direct, secure access to the end-to-end processes, data, and context they need to make smarter decisions and drive innovation quickly. Deltek unveiled its latest product innovations, specifically Deltek Unionpoint, at Deltek ProjectCon. Deltek Unionpoint is an iPaaS solution based on Workato that is designed to make it easier for project-based businesses to automate processes for their projects. iPaaS solutions are great for businesses that rapidly expand and change because of the easy integration capabilities and access to a number of applications also built on the platform. Salesforce followed the tech trend with the introduction of a new Analytics Performance Bundle that will help companies consolidate their analytics tools to achieve success with an easy-to-use, self-service platform that saves costs and gives every employee the tools needed to gain real-time insights and make decisions quickly. Qlik recently enabled Qlik Cloud with enhanced encryption to securely host personal health information (PHI) subject to U.S. HIPPA requirements while completing its SOC Type 2 + HITRUST Attestation.
12
views
The ERP Minute - Episode 64
Aptean made yet another acquisition of ImPuls AG, a provider of enterprise resource planning solutions to apparel, footwear, accessories, and textile brands and manufacturers. NetSuite announced new innovations to help organizations in Brazil run more efficiently and increase the bottom line with new SuiteSuccess financial management solutions and localization capabilities. Microsoft announced the Microsoft Supply Chain Platform, to help organizations maximize their supply chain data estate investment with an open approach, bringing the best of Microsoft AI, collaboration, low-code, security, and SaaS applications in a composable platform. Salesforce followed the functionality trend with the announcement of new Patient 360 for Health innovations that provide cost-saving automation, personalized intelligence, and real-time data for healthcare and life sciences organizations to deliver comprehensive patient success and equitable care with greater efficiency. These new capabilities will build on existing Patient 360 solutions. QAD announced a significant new release of QAD Digital Supply Chain Planning (DSCP) designed to support and help its customers navigate through global supply chain interruptions with innovative supply chain planning capabilities. UKG announced the debut of FleX by UKG, a modern technology platform purpose-built to support great workplaces. Celonis unveiled its process MRI and extended its execution management to all business users with Celonis Process Sphere and Celonis Business Miner.
https://www.erpadvisorsgroup.com
866-499-8550
LinkedIn:
https://www.linkedin.com/company/erp-advisors-group
Twitter:
https://twitter.com/erpadvisorsgrp
Facebook:
https://www.facebook.com/erpadvisors
Instagram:
https://www.instagram.com/erpadvisorsgroup
Pinterest:
https://www.pinterest.com/erpadvisorsgroup
Medium:
https://medium.com/@erpadvisorsgroup
5
views
ERP Customization Conundrum: Best Practices for Implementing Your ERP System - Podcast Episode 76
Unfortunately, businesses often find out far too late that they are required to customize their ERP which can be a slippery slope. Some customizations can have major productivity increases, but over-customization can force a system into a corner, making it obsolete or inflexible when it comes to future upgrades and usability. Usually, out-of-the-box functionality can deliver on the needs of an organization without the addition of over-the-top customizations, but where is the line between needing more and doing too much? Learn how to prevent the downfall of your ERP system through the application of best practices in this installment of the ERP Advisor.
https://www.erpadvisorsgroup.com
866-499-8550
LinkedIn:
https://www.linkedin.com/company/erp-advisors-group
Twitter:
https://twitter.com/erpadvisorsgrp
Facebook:
https://www.facebook.com/erpadvisors
Instagram:
https://www.instagram.com/erpadvisorsgroup
Pinterest:
https://www.pinterest.com/erpadvisorsgroup
Medium:
https://medium.com/@erpadvisorsgroup
3
views
The ERP Minute - Episode 63
NetSuite announced that it was recognized by Inc. Business Media in the inaugural Power Partner awards which honor B2B organizations that support startups across all business functions and empower growth. UKG announced its acquisition of Quorbit, the U.K.-based startup specializing in long-term workforce planning solutions for people in frontline and hourly roles. This acquisition will help organizations achieve new levels of operational excellence by bringing together strategic planning with employee development, and further strengthening UKG’s market leadership for solutions designed in service of people. Oracle announced Oracle Public Safety Services, a new technology platform for law enforcement and first responders. The new platform provides a unified hardware and software suite that is designed to remove data silos, eliminate manual busy work, and empower first responders with real-time information and situational awareness to help them make more objective decisions when every second counts. This suite also includes a dispatch command center, law enforcement records, and jail management software, as well as body-worn devices and real-time video communication tools. Blackbaud released its financial results for its third quarter, ending September 30, 2022. GAAP total revenue was $261.3 million, up 13%, with $249.4 million in GAAP recurring revenue, up 14.1%.
https://www.erpadvisorsgroup.com
866-499-8550
LinkedIn:
https://www.linkedin.com/company/erp-advisors-group
Twitter:
https://twitter.com/erpadvisorsgrp
Facebook:
https://www.facebook.com/erpadvisors
Instagram:
https://www.instagram.com/erpadvisorsgroup
Pinterest:
https://www.pinterest.com/erpadvisorsgroup
Medium:
https://medium.com/@erpadvisorsgroup
11
views
The ERP Minute - Episode 62
SAP announced its financial results for the third quarter ended September 30, 2022. Highlights from SAP included the increase of Cloud revenue by 38% to approximately 3.3 billion euros, SAP S/4HANA's current cloud backlog up by 108%, and IFRS cloud gross profit up by 44%. IFS continues its 2022 momentum with strong financial results for Q3 year-to-date ending September 30, 2022. IFS’s annual recurring revenue increased by 38% year-over-year, with Cloud revenue growing at 104% versus 2021 Q3 year-to-date. Finally, Planful announced its accelerating growth in the 3rd quarter of 2022. This growth was characterized by a 70% year-over-year increase in customer expansion bookings and a record number of new customers. Aptean announced its acquisition of Merlin Business Software Ltd., a provider of enterprise business solutions tailored to wholesalers and distributors, including those serving the industrial supply, building supply, and food and beverage industries. The acquisition will assist Aptean in supporting these industries in the United Kingdom. Unit4 announced a strategic relationship with BDO USA LLP to help nonprofit, professional services, higher education, and State and local government sectors increase agility and efficiency. This relationship will combine Unit4’s purpose-built technology solutions and BDO’s deep industry experience and solution capabilities around organizational strategy, enterprise transformation, and technology enablement.
Connect with us!
https://www.erpadvisorsgroup.com
866-499-8550
LinkedIn:
https://www.linkedin.com/company/erp-advisors-group
Twitter:
https://twitter.com/erpadvisorsgrp
Facebook:
https://www.facebook.com/erpadvisors
Instagram:
https://www.instagram.com/erpadvisorsgroup
Pinterest:
https://www.pinterest.com/erpadvisorsgroup
Medium:
https://medium.com/@erpadvisorsgroup
7
views
How Ransomware Can Hold Your ERP Hostage - Podcast Episode 75
Ransomware continues to be an ever-expanding threat to ERP systems around the world, especially when organizations fail to educate employees on behaviors leaving their information more susceptible to malicious software. While better practices can lessen ERP vulnerability, the structure of an ERP system, whether on-premises or in the cloud, can also impact the effectiveness of ransomware in capturing sensitive data. In this episode of The ERP Advisor, special guest, Security Awareness Advocate James McQuiggan, returns to join Shawn Windle in educating ERP users on protecting their software from the devastating effects of ransomware.
https://www.erpadvisorsgroup.com
866-499-8550
LinkedIn:
https://www.linkedin.com/company/erp-advisors-group
Twitter:
https://twitter.com/erpadvisorsgrp
Facebook:
https://www.facebook.com/erpadvisors
Instagram:
https://www.instagram.com/erpadvisorsgroup
Pinterest:
https://www.pinterest.com/erpadvisorsgroup
Medium:
https://medium.com/@erpadvisorsgroup
8
views
The ERP Minute - Episode 61
Oracle took advantage of its CloudWorld conference last week to make multiple announcements regarding product enhancements, expanding capabilities, and a new region for Oracle Interconnect. Epicor announced a variety of features in its Fall 2022 release for Epicor Kinetic for Manufacturing, part of the Epicor Industry ERP Cloud portfolio. The updates include deep-industry-specific functionality, improved API connection between Epicor Kinetic and Epicor Advanced MES, improved financial reporting capabilities, connected services to optimize workflows, and a smoother user experience journey, including enhanced collaboration offering an optimized mobile experience. Nextworld and Demand Driven Technologies, a provider of Demand Driven Material Requirements Planning (DDMRP), announced the launch of their integrated solutions. The integration between Nextworld ERP and Intuiflow by Demand Driven Technologies brings together the latest functional and technical innovations in a seamless experience for manufacturing companies to manage their supply chains. The Intuiflow integration is API-based, and it allows customers to configure the Intuiflow system as needed right from Nextworld’s Enterprise Resource Platform. Deltek announced that it will partner with the Middle Tennessee Chapter of There With Care, which provides a wide range of thoughtful and fundamental services to families and children during the critical phase of a medical crisis. Together, Deltek Project Nation will assemble activity care bags for children, toiletry care bags, and parent care bags for families in need.
https://www.erpadvisorsgroup.com
866-499-8550
LinkedIn:
https://www.linkedin.com/company/erp-advisors-group
Twitter:
https://twitter.com/erpadvisorsgrp
Facebook:
https://www.facebook.com/erpadvisors
Instagram:
https://www.instagram.com/erpadvisorsgroup
Pinterest:
https://www.pinterest.com/erpadvisorsgroup
Medium:
https://medium.com/@erpadvisorsgroup
6
views
Shawn Windle's Review of CloudWorld 2022
This year's CloudWorld, Oracle's annual customer conference, occurred between October 17th and 20th. ERP Advisors Group's Founder & Managing Principal, Shawn Windle, attended the conference to gather deep insights into the enhancements and product offerings being delivered by Oracle in 2022. Below, Mr. Windle reviews his experiences at CloudWorld 2022 and provides key takeaways from the conference.
https://www.erpadvisorsgroup.com
866-499-8550
LinkedIn:
https://www.linkedin.com/company/erp-advisors-group
Twitter:
https://twitter.com/erpadvisorsgrp
Facebook:
https://www.facebook.com/erpadvisors
Instagram:
https://www.instagram.com/erpadvisorsgroup
Pinterest:
https://www.pinterest.com/erpadvisorsgroup
Medium:
https://medium.com/@erpadvisorsgroup
3
views
Bonus Episode: EAG & Unit4 on Professional Services Organizations
Automating a Professional Service Organization’s processes frees key individuals up to focus on delivering value to clients. At the heart of their operations, PSOs are client-oriented. Founder and Managing Principal, Shawn Windle, is joined by Unit4’s Senior Manager of Industry Solutions, Bryce Wolf, to discuss the challenges faced by PSOs working through mergers and acquisitions.
4
views
The ERP Advisor - A Summary of the Salesforce AppExchange ERP Applications
Salesforce has quickly risen in the ranks to dominate the enterprise software market, specifically customer relationship management, surpassing even the most recognizable of industry behemoths. Despite this notoriety, few truly know about the ERP offerings within Salesforce's AppExchange that are written on the Salesforce Lighting platform, specifically FinancialForce and other sound products, Rootstock and Accounting Seed. In this episode of the ERP Advisor, Shawn Windle provides a full inspection of the ERP offerings of Force.com.
https://www.erpadvisorsgroup.com
866-499-8550
LinkedIn:
https://www.linkedin.com/company/erp-advisors-group
Twitter:
https://twitter.com/erpadvisorsgrp
Facebook:
https://www.facebook.com/erpadvisors
Instagram:
https://www.instagram.com/erpadvisorsgroup
Pinterest:
https://www.pinterest.com/erpadvisorsgroup
Medium:
https://medium.com/@erpadvisorsgroup
18
views
The ERP Minute - Episode 60
At the Sage Transform conference, several announcements were made to mark the growth and advancement of Sage. First, Sage announced the acquisition of carbon accounting solution Spherics to help SMBs measure and cut their emissions. Sage also announced new product integration with Microsoft to continue simplifying workflows for SMBs by allowing the submission and approval of certain processes directly through Teams, rather than in the Sage Intacct or Sage People application. Then Sage released the expansion of Sage Intacct’s capabilities and market reach which will enable customers to automate processes, boost productivity, and free up time to focus on running their businesses. This solution will also be expanding to continental Europe with the first launch in France, into new verticals, while also scaling existing capabilities to simplify the management of business complexities with greater insights and efficiencies. Finally, Sage announced an exciting new partnership with Major League Baseball with Sage being connected to pitching decisions and manager insights content across the league, starting from the 2023 regular season. This partnership will also include the introduction of the ‘Pitcher Power Rankings presented by Sage’ and support of the MLB’s Diverse Partners Program, supporting minority and female-owned businesses across America. In preparation for Ignite, Microsoft announced several infrastructure enhancements to its tools that will benefit ERP applications and users. Some of the new capabilities announced include the general availability of managed environments, built-in application lifecycle management in Microsoft Power Platform, interactive Power BI charts shared directly from OneDrive and SharePoint, cross-tenant dataset sharing, and advancements in AI builder. From an AI perspective, Microsoft also announced a collaboration with Haleon, a multinational consumer healthcare company, to make everyday health more accessible for people who are blind, have low vision, or have difficulty reading product labels due to low literacy. This collaboration will expand the functionality in the Microsoft Seeing AI app to provide consumers with more detailed labeling information for over 1,500 Haleon products across the U.S. and U.K. IFS announced features from the IFS Cloud October 2022 release, including enhancements to help customers meet their environmental, social, and governance (ESG) goals, new capabilities that will help global companies connect operations across sites, functions, people, and assets, and intelligent insight and accelerating automation efforts. Salesforce announced Automotive Cloud, a new product built specifically for automakers, dealers, automotive finance groups, and their customers through industry-specific automation, intelligence, and real-time analytics. QAD released its latest enhancements to QAD Adaptive ERP, along with other QAD Adaptive Applications. Qlik achieved the Federal Risk and Authorization Management Program’s (FedRAMP) Authorized designation at the Moderate Impact Level (IL) and Department of Defense IL2, making Qlik Cloud Government one of the first SaaS platforms to achieve FedRAMP designation. Aptean announced its acquisition of Frontix BV, a provider of cloud-based Overall Equipment Effectiveness (OEE) and energy management solutions to process manufacturers in the Netherlands, Belgium, and over a dozen other countries across the globe.
https://www.erpadvisorsgroup.com
866-499-8550
LinkedIn:
https://www.linkedin.com/company/erp-advisors-group
Twitter:
https://twitter.com/erpadvisorsgrp
Facebook:
https://www.facebook.com/erpadvisors
Instagram:
https://www.instagram.com/erpadvisorsgroup
Pinterest:
https://www.pinterest.com/erpadvisorsgroup
Medium:
https://medium.com/@erpadvisorsgroup
34
views
The ERP Minute - Episode 59
Epicor announced that it has acquired eFlex Systems, a cloud-based Manufacturing Execution System (MES) technology provider. The acquisition expands the Epicor portfolio of Advanced MES capabilities to help manufacturers increase productivity by modernizing their production environments through digital work instructions, advanced process control, and real-time visibility. ECI announced that it has completed its acquisition of ES Tech Group, a UK-based B2B eCommerce software, and services company serving small and medium-sized enterprise manufacturers, distributors, and wholesalers. This acquisition expands ECI’s existing eCommerce portfolio and furthers ECI’s investments in the digital economy and eCommerce. Acumatica released that as it continues to expand, it will be introducing a new program called Services Partner Program, where these Services Partners will join Acumatica’s Value-Added Resellers and Independent Software Vendors. The Services Partners will help Acumatica customers implement and apply their ERP software for industry-specific implementations. OneStream released that its Annual Recurring Revenue increased over 50% year over year for the third quarter ending September 30, 2022. In addition to the substantial revenue growth, OneStream added over 60 new customers in the third quarter, approaching 1,100 globally. Automation Anywhere received $200 million in investments, led by major venture capital partners. Utilizing the investment, Automation Anywhere will bring significant new software enhancements to its product offering, aiming to keep “humans in the loop” of intelligent automation.
https://www.erpadvisorsgroup.com
866-499-8550
LinkedIn:
https://www.linkedin.com/company/erp-advisors-group
Twitter:
https://twitter.com/erpadvisorsgrp
Facebook:
https://www.facebook.com/erpadvisors
Instagram:
https://www.instagram.com/erpadvisorsgroup
Pinterest:
https://www.pinterest.com/erpadvisorsgroup
Medium:
https://medium.com/@erpadvisorsgroup
13
views
Should I Stay or Should I Go: Knowing When to Move On From Your Legacy ERP - Podcast Episode 74
As ERP technology continues its rapid advancement, businesses running on legacy ERP systems find themselves overwhelmed by the lingering need to address the elephant in the room: is it time for an upgrade? The conversation can be daunting with concerns surrounding potential workforce response to the disruption and fear that a change would render the current system’s specialized functionality useless. But in the digital age, companies not rising to the occasion risk becoming obsolete as a result of being unable to retain or attract top talent. In this episode of The ERP Advisor, we will confront the benefits and pitfalls of replacing legacy ERP systems.
https://www.erpadvisorsgroup.com
866-499-8550
LinkedIn:
https://www.linkedin.com/company/erp-advisors-group
Twitter:
https://twitter.com/erpadvisorsgrp
Facebook:
https://www.facebook.com/erpadvisors
Instagram:
https://www.instagram.com/erpadvisorsgroup
Pinterest:
https://www.pinterest.com/erpadvisorsgroup
Medium:
https://medium.com/@erpadvisorsgroup
9
views
The ERP Minute - Episode 58
NetSuite wasted no time making significant product announcements at its annual SuiteWorld conference. First, Oracle NetSuite unveiled NetSuite AP Automation which embeds banking services into a cloud ERP system to help organizations improve profitability by making it easier and faster to process bills and pay vendors all from within NetSuite. NetSuite went on to announce NetSuite CPQ to enable sales teams to quickly configure, price, and quote complex products with complete accuracy and reliability, directly in NetSuite. Next, NetSuite demonstrated its commitment to improving warehouse operations with the release of NetSuite Ship Central, a mobile application that helps organizations optimize operations, eliminate manual processes, and accelerate customer deliveries, while equipping warehouse workers with packing and shipping capabilities on a mobile or kiosk device. Finally, NetSuite announced updates to NetSuite Analytics Warehouse, simplifying data management, accelerating time to insights, and providing access to more pre-built third-party data integrations and industry-specific content. Gartner released its Magic Quadrant for Cloud ERP for Product-Centric Enterprises. Within the leader quadrant, Oracle Fusion Cloud ERP, Workday, SAP S/4HANA, and Oracle NetSuite have secured their positions. Microsoft Dynamics 365 and Infor settled into the visionaries quadrant, and finally, the niche players quadrant is concentrated with SAP Business ByDesign, Sage Intacct, Microsoft Dynamics 365 Business Central, and FinancialForce. UKG announced the company has been named the overall Winner in its category for the AnitaB.org 2022 Top Companies for Women Technologists, landing the highest overall score of any company with 1,000-10,000 technical employees. In a separate honor, UKG also earned a “Social Impact” award from Ragan for its UKG Close the Gap Initiative, aimed at reaching pay equity in the workplace, with UKG pledging to continue to invest in education, training, and the technology and tools needed to ensure equity of pay, both internally for UKG and its customers.
https://www.erpadvisorsgroup.com
866-499-8550
LinkedIn:
https://www.linkedin.com/company/erp-advisors-group
Twitter:
https://twitter.com/erpadvisorsgrp
Facebook:
https://www.facebook.com/erpadvisors
Instagram:
https://www.instagram.com/erpadvisorsgroup
Pinterest:
https://www.pinterest.com/erpadvisorsgroup
Medium:
https://medium.com/@erpadvisorsgroup
84
views
The ERP Minute - Episode 57
This week at Dreamforce, Salesforce’s user conference, Salesforce introduced Genie, a hyper-scale real-time data platform that powers the entire Salesforce Customer 360. Genie unifies all of a company’s customer data across channels and interactions into a single, real-time customer profile, so every experience across the Customer 360 is more automated, intelligent, and real-time. Microsoft made a few announcements this week, beginning with its board of directors declaring a quarterly dividend of $0.68 per share, reflecting a 10% increase over the previous quarter’s dividend. Microsoft then released a Work Trend Index Pulse report, “Hybrid Work is Just Work. Are We Doing in Wrong?” coinciding with the announcement of new capabilities in Microsoft Viva, its employee experience platform, designed to help empower and energize employees in a time of economic uncertainty. Microsoft Viva expanded its offerings to include confidential feedback capabilities, the centralization of communications, the utilization of AI to assist users, richer integration with Microsoft Teams, and more. The final announcement from Microsoft this week was the planned launch of Global Renewables Watch (GRW) in partnership with Planet Labs PBC and The Nature Conservancy. GRW will be a first-of-its-kind living atlas intended to map and measure all utility-scale solar and wind installations on Earth using AI and satellite imagery, allowing users to evaluate clean energy transition progress and track trends over time. A recent Gartner survey found that security and risk management, application and integration strategies, and infrastructure and operations are the top three technology priorities for midsize enterprises (MSEs) in 2022. As we prepare for Cybersecurity Awareness month and see an ever-increasing number of cybersecurity risks in the ERP space, EAG will be discussing the frightening topic of Ransomware, with special guest James McQuiggan of KnowBe4.
https://www.erpadvisorsgroup.com
866-499-8550
LinkedIn:
https://www.linkedin.com/company/erp-advisors-group
Twitter:
https://twitter.com/erpadvisorsgrp
Facebook:
https://www.facebook.com/erpadvisors
Instagram:
https://www.instagram.com/erpadvisorsgroup
Pinterest:
https://www.pinterest.com/erpadvisorsgroup
Medium:
https://medium.com/@erpadvisorsgroup
8
views
The ERP Minute - Episode 56
Several exciting announcements were made regarding the application enhancements of Workday products, with new innovations to help power a new era for the office of the CFO through new machine learning capabilities, increased performance and scalability in planning, and deeper insights into the supply chain, enhancements to Workday’s HR solutions allowing customers to gain deeper insight into workforce skills and deliver more personalized employee experiences, and new customer support solutions. In addition, there were new technology innovations unveiled, including the redesign of its user experience, specifically showcasing the low-code/no-code development functionality in Workday Extend to help simplify application development, as well as exciting changes to its partnership ecosystem, expecting it to double its consulting capacity by fiscal 2026. Oracle demonstrated substantial growth across the board, first with its announcement of its fiscal 2023 first quarter financial results, with total quarterly revenues up 18% year-over-year. Oracle’s momentum was further demonstrated with new product updates like the Oracle Cloud Fusion HCM solution with a new portal for team skills, performance evaluation capabilities, and an employee listening solution to help managers engage and empower teams, and infrastructure enhancements with MySQL HeatWave becoming available on Amazon Web Services (AWS), enabling AWS users to run transaction processing, analytics, and machine learning workloads in one service, without requiring time-consuming ETL duplication between separate databases. Further exemplifying Oracle’s growth, it announced the opening of its 40th cloud region in Spain. OneStream highlighted new innovations for extended planning, reporting, and analysis capabilities at its 2022 Splash EMEA Global User and Conference and Partner Summit. Key capabilities include power BI integration, environmental, social, and governance (ESG) reporting, and sensible machine learning. Planful announced its acquisition of Plannuh, a cloud platform for marketing performance management. This acquisition will enable Planful to provide seamless collaboration between finance and marketing teams, and other business users, driving more opportunities for business growth across the organization. Salesforce announced $25 million in new grants to support school districts and education nonprofits across the United States. These grants will focus on student wellbeing, supporting both social and emotional learning, behavioral and mental health programs, and trauma-informed therapy, as well as support to improve the resiliency of schools and educators.
https://www.erpadvisorsgroup.com
866-499-8550
LinkedIn:
https://www.linkedin.com/company/erp-advisors-group
Twitter:
https://twitter.com/erpadvisorsgrp
Facebook:
https://www.facebook.com/erpadvisors
Instagram:
https://www.instagram.com/erpadvisorsgroup
Pinterest:
https://www.pinterest.com/erpadvisorsgroup
Medium:
https://medium.com/@erpadvisorsgroup
24
views
The ERP Advisor - A Thorough Dissection of Deltek
Deltek, a global provider of software and solutions for project-based businesses, quickly rose to notoriety, by providing solutions for advanced project intelligence, management, and collaboration. Deltek puts an emphasis on the people who make an organization, specifically developing products for government, field services, and professional services industries. In this episode of The ERP Advisor, we dissect Deltek’s professional services solutions to educate listeners on its position in the ERP market.
https://www.erpadvisorsgroup.com
866-499-8550
LinkedIn:
https://www.linkedin.com/company/erp-advisors-group
Twitter:
https://twitter.com/erpadvisorsgrp
Facebook:
https://www.facebook.com/erpadvisors
Instagram:
https://www.instagram.com/erpadvisorsgroup
Pinterest:
https://www.pinterest.com/erpadvisorsgroup
Medium:
https://medium.com/@erpadvisorsgroup
2
views
The ERP Minute Episode 54 - September 6, 2022
SAP announced significant leadership changes with the appointment of Lloyd Adams as President of SAP North America, effective as of September 1st, and the announcement that Dominik Asam from Airbus will take over as SAP CFO and member of the Executive Board of SAP SE on March 7, 2023. This comes as no surprise with the related big news in the enterprise software space this week being that cloud-native Salesforce dislodged legacy provider SAP as the world’s biggest producer of enterprise applications, with second-quarter financial results showing Salesforce standing strong at $7.72 billion in revenue, topping SAP’s $7.52 billion. Deltek announced that its CEO Mike Corkery was named to the Virginia 500 The 2022 Power List, which recognizes the state’s most powerful and influential leaders by sector. Published by Virginia Business Magazine, this is the third annual edition of the Virginia 500 Power List and Corkery’s second time receiving the honor. Planful Inc. announced momentum in its international operations, recording 110% year-over-year growth ending June 2022. Planful increased its roster of EMEA resellers by 200% and expanded its presence in the APAC region. Its operations in Canada have more than doubled year-over-year while the UK team has grown six-fold. The Communications Workers of America (CWA) and Microsoft announced the launch of “Get Connected” an initiative to boost enrollment in the Federal Communication Commission’s Affordable Connectivity Program, a benefit program from the FCC that helps ensure that households can afford the broadband they need for work, school, healthcare, and more. CWA and Microsoft will work with local public housing authorities and other community partners to publicize the events and pre-qualify residents for the program.
https://www.erpadvisorsgroup.com
866-499-8550
LinkedIn:
https://www.linkedin.com/company/erp-advisors-group
Twitter:
https://twitter.com/erpadvisorsgrp
Facebook:
https://www.facebook.com/erpadvisors
Instagram:
https://www.instagram.com/erpadvisorsgroup
Pinterest:
https://www.pinterest.com/erpadvisorsgroup
Medium:
https://medium.com/@erpadvisorsgroup
14
views
The ERP Advisor - An Outright Synopsis of Oracle
Founded in 1977 as Software Development Laboratories, Oracle quickly rose to prominence in the ERP market, ranking as the world’s largest database management company with over $100 million in sales only ten years after its establishment. With offerings across software solutions and services alike, it is clear to see how Oracle rapidly grew its market share in the ERP space. In this installment of the vendor overview series, The ERP Advisor will provide an outright synopsis of Oracle.
https://www.erpadvisorsgroup.com
866-499-8550
LinkedIn:
https://www.linkedin.com/company/erp-advisors-group
Twitter:
https://twitter.com/erpadvisorsgrp
Facebook:
https://www.facebook.com/erpadvisors
Instagram:
https://www.instagram.com/erpadvisorsgroup
Pinterest:
https://www.pinterest.com/erpadvisorsgroup
Medium:
https://medium.com/@erpadvisorsgroup
4
views
ERP Compliance Requirements to Go Public - Podcast Episode 73
The process leading to a company's Initial Public Offering (IPO) is extremely tedious, as leaders must ensure the company meets financial reporting compliance requirements while also using extensive financial analysis to demonstrate the appeal of the enterprise to potential investors. Many private companies upgrade to a new ERP prior to going public to instill the highest amount of investor confidence in their financial statements; but how can users decipher between their needs and the requirements needed to win over investors? In this episode of The ERP Advisor, Shawn Windle will provide the playbook on utilizing ERP to go public.
https://www.erpadvisorsgroup.com
866-499-8550
LinkedIn:
https://www.linkedin.com/company/erp-advisors-group
Twitter:
https://twitter.com/erpadvisorsgrp
Facebook:
https://www.facebook.com/erpadvisors
Instagram:
https://www.instagram.com/erpadvisorsgroup
Pinterest:
https://www.pinterest.com/erpadvisorsgroup
Medium:
https://medium.com/@erpadvisorsgroup
5
views
The ERP Advisor - An Unrestricted Dive into Unit4
Founded in the western Netherlands, Unit4 developed next-generation enterprise software to meet the ever-expanding needs of people-centric businesses. Unit4’s offerings put significant focus on the person behind the production with its People Experience Suite, which includes financial management, accounting, ERP, FP&A, HCM, and talent management modules. In this episode of The ERP Advisor, we will take an unrestricted dive into Unit4 to display its features and functionalities within the ERP space.
https://www.erpadvisorsgroup.com
866-499-8550
LinkedIn:
https://www.linkedin.com/company/erp-advisors-group
Twitter:
https://twitter.com/erpadvisorsgrp
Facebook:
https://www.facebook.com/erpadvisors
Instagram:
https://www.instagram.com/erpadvisorsgroup
Pinterest:
https://www.pinterest.com/erpadvisorsgroup
Medium:
https://medium.com/@erpadvisorsgroup
5
views
The ERP Minute - Episode 53
Celonis, a Process Mining and Execution Management Software provider, secured $1 billion in financing, part of which was a $500M line of credit, the largest syndicated bank recurring revenue revolving credit facility of its kind. Such investments cement the confidence that investors have in enterprise software vendors achieving monumental automation improvements for all companies. Related, our prediction is in ten years that automation solution spending will more than double today’s levels. Acumatica announced Acumatica 2022 R2, offering innovations in usability, increased support for new localizations and integrations, and advanced functionality targeted to Distributors, Manufacturers, and Service Organizations. Sage launched Sage People Payroll in the United States and the United Kingdom to help businesses with HR and payroll. This offers users enhanced payroll capabilities and enables small and mid-sized businesses to complete secure, compliant, and accurate payroll processes in minutes. Aptean and Aptos, a provider of retail technology solutions, announced that they have entered into a definitive agreement through which Aptean will acquire Aptos’ planning and product lifecycle management division, expanding Aptean’s cloud-based offerings for the apparel, luxury, fashion, and specialty retail industries. Related, Blackbaud announced that it has acquired Kilter, an activity-based engagement app. This acquisition will allow Blackbaud to expand its activity-based peer-to-peer fundraising engagement and support activity-based fundraising for Blackbaud TeamRaiser, its event-based fundraising software. Workday and Salesforce announced their financial results for the 2nd quarter of the fiscal year 2023. Workday’s total revenues increased 21.9% year-over-year, reaching $1.54 billion, while subscription revenues saw an increase of 22.8% to $1.37 billion. Salesforce also saw a sharp increase with revenue increasing 22% year-over-year to $7.72 billion, with GAAP earnings per share at $0.07 and a non-GAAP EPS of $1.19. Oracle’s Oracle ME, a comprehensive employee experience platform, was named a 2022 Top HR Product of the Year by Human Resource Executive. ADP will be honored with a “Top HR Product” award at the 2022 HR Technology Conference for its new Intelligent Self-Service that uses predictive analytics and machine learning to proactively address common employee HR challenges before the need to contact their HR department arises. Lastly, Deltek was named one of “Asia’s Best Employer Brands” for the 10th year by the World HRD Congress.
https://www.erpadvisorsgroup.com
866-499-8550
LinkedIn:
https://www.linkedin.com/company/erp-advisors-group
Twitter:
https://twitter.com/erpadvisorsgrp
Facebook:
https://www.facebook.com/erpadvisors
Instagram:
https://www.instagram.com/erpadvisorsgroup
Pinterest:
https://www.pinterest.com/erpadvisorsgroup
Medium:
https://medium.com/@erpadvisorsgroup
17
views
The ERP Advisor - A Whole Summary of Workday
In 2005, Workday was established by the founder of PeopleSoft, Dave Duffield, to better serve the human aspect of ERP software solutions. Workday’s pure cloud platform provides functionality across finance, human resources, planning, and analytics, making for easy-to-use, scalable solutions, built with the employee in mind. In this installment of The ERP Advisor, EAG will provide a whole summary of Workday.
https://www.erpadvisorsgroup.com
866-499-8550
LinkedIn:
https://www.linkedin.com/company/erp-advisors-group
Twitter:
https://twitter.com/erpadvisorsgrp
Facebook:
https://www.facebook.com/erpadvisors
Instagram:
https://www.instagram.com/erpadvisorsgroup
Pinterest:
https://www.pinterest.com/erpadvisorsgroup
Medium:
https://medium.com/@erpadvisorsgroup
7
views