ERP systems are crucial when a dual focus on costs and increased IT-driven innovation is required. ERP is simultaneously the single application that ties up the largest cost base within an IT budget and the platform that regulates processes faced with increased automation, digitalisation and innovation. In order to successfully meet IT challenges, you must have an increased focus on processes from an end-to-end perspective within your organisation and, at the same time, an understanding of the streams of relationships, transactions and data running through it.
This combination of increased focus om processes and streams together with a flexible and adaptable ERP system may be crucial in driving both IT costs and the creation of value through IT in the right direction.