This white paper features insight from UNIT4 CODA (which includes the Coda Financials software suite) about the issues facing companies that need an adaptable financial system but not necessarily a full-blown enterprise resource planning (ERP) solution.

For better or worse, most companies have purchased financial software from large-scale enterprise resource planning (ERP) platform suppliers over the last decade. But as companies search for ways to lower costs and respond to a difficult business climate, the merits of implementing large-scale ERP platforms have come under closer scrutiny. This paper will examine an alternative approach that may be more appropriate and strategically sound for many companies: a best-of-class systems strategy.

 

With that notion in mind, this paper will contemplate the following questions:

• Have ERP platforms grown too unwieldy for some organizations?

• Does ERP make sense for all types of business, especially in today’s fast-changing and frugal business environment?

• Are ERP platforms being sold to companies that simply don’t need it?

• Have technological advances eliminated some of the reasons for ERP platforms in the first place?

• Is the drive for competitive differentiation causing companies to develop more of their own operational systems, thereby eliminating the value of ERP?

• What does a best-of-class strategy entail, and what are the advantages?

 

http://bit.ly/FinSysStrategy

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