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Sage announced a series of updates to Sage Intacct, from simplifying and automating bill processing to increasing visibility as part of the Sage Intacct 2023 Release 1. Infor announced the availability of Infor Clinical Science, part of the Infor Workplace Management suite. OneStream announced expanded capabilities for its Sensible ML solution, increasing machine learning forecasting transparency and explainability of key business drivers. Salesforce released new innovations built for the communications industry including feature analytics, AI, and prebuilt solutions that automate common processes and a new integration with WhatsApp to streamline and enrich customer engagement. UKG announced financial results for the first quarter of fiscal 2023.

Blackbaud announced financial results for its fourth quarter and full year ended December 31, 2022. Full-year 2022 total revenue exceeded $1 billion with 14% growth, which met or exceeded guidance. GAAP total revenue was $274.8 million, up 10.8%, with $265.2 million in GAAP recurring revenue, up 11.1%. On February 14th, NetSuite celebrated the one-year anniversary of the NetSuite Accelerator program, encouraging diversity in entrepreneurship. In the last year, the program has partnered with five organizations that share in its goal of helping founders and leaders from diverse communities build successful businesses and has had 22 organizations join the program. Salesforce announced it will purchase 280,000 megawatt hours of renewable energy certificates from small, distributed energy projects over the next eight years to accelerate clean electricity access in emerging markets and help maintain its commitment to match 100% of the electricity it uses with renewables. BT, the UK’s leading telco, switched on its Internet of Things (IoT) national roaming SIMs for businesses across the UK, allowing them to keep smart devices permanently connected regardless of location. This will give users reliable, fast network access no matter where they are – in cities, rural areas, or by the coast.

Business in the 21st century is driven by the data collected through accounting systems, ERPs, and other business applications. Harnessing this information is the first step to driving down costs and increasing profitability. But how do you know what tools can really help you? While some ERP vendors have compatible Business Intelligence and analytics tools included in their technology stack, there are MANY third-party BI applications that could further fulfill your needs. In this free CPE session, Shawn Windle will provide CFOs and other senior financial executives with a methodology for identifying and selecting the right BI and analytics tools.

Workday made headlines with its Super Bowl commercial this last weekend, enlisting the help of major Rockstars to oppose the use of the term “rockstar” to describe executives reaching success with the help of Workday. This comes on the tail-end of the appointment of its new CEO and its recent commitment of $250 million in investment capital into Workday Ventures, the strategic capital arm of Workday, Inc., announcements that all support the growth trajectory of Workday. The $250 million investment will further reinforce Workday Ventures’ strategic focus on AI & ML, Intelligent Automation, and Serving Targeted Markets. Microsoft announced the launch of an all-new, AI-powered Bing search engine and Edge browser, now available in preview at Bing.com, to deliver better search, more complete answers, a new chat experience, and the ability to generate content. Planful announced strong recurring revenue growth in fiscal 2022, while increasing profitability for the second consecutive year. Planful’s operating margins were up 75% year-over-year, with subscription bookings growth up 25% year-over-year and 30% year-over-year growth in North America. Planful’s global expansion also continued with international growth up 50% year-over-year. Aptean entered into a definitive agreement to acquire Drink-IT, a provider of enterprise resource planning software designed to meet the needs of beverage companies, including breweries, distilleries, bottlers, and wholesalers.

Last week, Acumatica hosted its 2023 Summit where they highlighted their commitment to supporting ERP for SMBs, their significant growth in 2022, and their 2023 R1 release. Oracle announced its plans to open a third public cloud region in Saudi Arabia. Located in Riyadh, the new cloud region will be part of a planned $1.5 billion investment from Oracle to expand cloud infrastructure capabilities in the Kingdom. QAD acquired Redzone, a frontline workers’ communication platform. Additionally, QAD has rebranded to represent its two key areas of focus, Manufacturing & Supply Chain, with a new color scheme and company logo.

Microsoft announced results for the quarter ended December 31, 2022, as compared to the corresponding period of last fiscal year. Microsoft Cloud revenue was $27.1 billion, up 22% year-over-year, with Dynamics products and cloud services revenue increasing 13% with Dynamics 365 revenue growth of 21%. SAP announced its financial results for the fourth quarter and fiscal year ended December 31, 2022. Cloud revenue was up 33% for 2022, with Q4 SAP S/4HANA cloud revenue further accelerating, up 101%. IFS announced its financial results for the full year ending December 31, 2022. Software revenue growth was at 28% year-over-year and cloud revenue growth was up 80% as existing and new customers switch to IFS Cloud. Acumatica has surpassed 10,000 customers as announced at The Acumatica Summit 2023. As we attend the Summit this week, we will provide more updates and news from the conference floor. The EY organization announced a strategic alliance between Appian and Ernst & Young LLP (EY US) to support clients on digital transformation initiatives using the next wave of intelligent automation and process mining.

Epicor discussed key developments in its Middle East growth strategy at the company’s 2023 Middle East ReConnect Customer Day, including plans to launch a new regional data center driven by surging customer cloud adoption. To meet the increased demand for cloud solutions amongst Epicor customers in the Middle East, the new UAE data center is slated to be online in Spring 2023. Unit4 announced the launch of Unit4’s Marketplace, a new platform where its ISV, Reseller, and Service partners can showcase their innovative industry and vertical Apps that link to Unit4’s ERP solutions. At the recent NetSuite Influencers Conference, NetSuite announced enhancements within its 2023 Release 1 with simplified accounts payable automation through bill capture and payment capabilities, automated price change for subscription renewal, added enhancements to rebated and trade promotions, increased control around tax exemption, and improved capabilities around indirect cost allocation.

Salesforce unveiled new innovations in commerce and retail, delivering new features to their Commerce Cloud and Salesforce for Retail Media. Oracle extended its comprehensive retail cloud platform to include the Oracle Retail Payments Cloud Service. This will allow retailers to now accept Apple, Google, and Samsung Pay, without the hidden fees and unpredictable costs that erode the bottom line. This service also runs on Oracle Cloud Infrastructure (OCI), ensuring it has high-security standards, end-to-end encryption, and is PCI/DSS compliant. Workday announced its continued momentum within the retail industry, with more than 50% of the retail organizations in the Fortune 500 having selected Workday. Along with this announcement, Workday introduced new demand forecasting to Workday Scheduling and Labor Optimization. The new feature leverages AI and machine learning technology to enable retailers to forecast business demand based on external data, such as sales and foot traffic history. On a similar note, AI continues to grow in the market with new advancements emerging across the industry. NICE announced new RPA (Robotic Process Automation) capabilities in its latest release, using AI to identify focused opportunities for automation, then Pr3vent and webAI have partnered to train Pr3vents AI model and remove bias to accurately screen eyes, all on top of the ChatCPT momentum, a product which millions of people are trying.

Microsoft announced the acquisition of Fungible Inc., a provider of composable infrastructure aimed at accelerating networking and storage performance in data centers with high-efficiency, low-power data processing units. OneStream announced that its Annual Recurring Revenue grew 50% year-over-year, surpassing $300 million in the fourth quarter, ending December 31, 2022. The company grew its customer base by more than 25% year-over-year, now totaling over 1,100 customers globally. OneStream’s global headcount also increased by 25% in 2022 to nearly 1,300, with the company also signing 12 new partners in the fourth quarter. Qlik announced its intention to acquire Talend, an open-source data integration platform, which would bring together two Thoma Bravo-backed industry leaders with a shared focus on adding value to data to deliver business outcomes for customers. Revolutionizing Financial Operations with the Right Business Intelligence & Analytics Tools FREE CPE: https://www.erpadvisorsgroup.com/events/business-intelligence-and-analytics-for-success

Oracle announced its fiscal 2023 Q2 results. Total revenues were up 18% year-over-year to $12.3 billion, with cloud services and license support revenues up 14% to $8.6 billion. Fusion Cloud ERP revenue was $0.6 billion, up 23% and NetSuite Cloud ERP revenue was also $0.6 billion, up 25%. FinancialForce announced the general availability of its Winter 2023 Release. The new release strengthens FinancialForce’s Services-as-a-Business (SaaB) approach, bringing together key capabilities for running any services business efficiently and effectively. QAD closed the acquisition of Livejourney, a provider of a real-time and predictive flow (process mining and process monitoring) solution designed to discover, monitor, and improve business processes. Salesforce announced the general availability of DevOps Center to help teams release technology solutions faster. ERP Customization Conundrum: Best Practices for Implementing Your ERP System: https://www.erpadvisorsgroup.com/blog/best-practices-for-implementing-your-erp-system

Deloitte announced the formation of Olympus with Amazon Web Services (AWS), a global investment fund focused on building industry cloud solutions. IBM entered into an agreement to acquire Octo, a US-based IT modernization and digital transformation services provider, exclusively serving the US federal government. EY acquired ifb SE, international finance, risk transformation, and compliance consultancy, to strengthen capabilities and enhance offerings. The London Stock Exchange Group (LSEG) and Microsoft have entered into a new long-term strategic partnership to architect LSEG’s data infrastructure using the Microsoft Cloud and to jointly develop new products and services for data and analytics. Unanet, a project-based ERP and CRM solutions provider for government contractors and architecture, engineering, and construction (AEC) firms, announced it has closed a new round of strategic financing from Onex Corporation.

Shawn Windle explains how information flows through an organization's software — and why ERP, or Enterprise Resource Planning, is more than the software itself, demonstrating the vitality of understanding this conceptual framework.

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.

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

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

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.

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

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

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

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

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

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

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

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.

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