connected business infographic - how erp & it system complexity is damaging companies
TRANSCRIPT
The Connected Business Corporate myth or holy grail?
www.advancedcomputersoftware.com/abs
System complexity is damaging companies - driving up operational costs, draining organisations’ resources, hampering their agility and preventing their ability to assess new opportunities. This infographic looks at the gap between where companies want to be and where they are now in their integration of core IT systems and processes, and the cost of this gap to the business.
Different systemsfor planning, business intelligence & finance
Over 50%
of ERP implementations were over budget
60% of ERP implementations deliveredless than half the expected results
Times moreLikely to be doing better financially
Times more Likelyto be growing
Over 3/4 of
companies input data more than once
Average time to roll out an ERP project in 2013
All of this suggests that mid-sized organisations are typically less effective and efficient than they might be – a real concern in today’s challenging business environment.
For more information on achieving a connected business and seeing more detail on the research conducted, download the Advanced whitepaper ‘The Connected Business - Integrating the entire back office for new agility, efficiency and profit gain’
Too much information?The average mid-size company has
Companies with best system integration are
Does your organisation experience any of the following issues?
How did your organisation implement solutions?
Over budget & Over time
(Up from 16 months in 2012)
7
X3 X4
18months
£Different systems within
Human Resources4
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Download the white paper
Difficulty in making changes to systems
Having to input the same data more than once
77%73%
Difficulty in producing reports that require data from different systems 72%Conflicting data and/or reports 68%Need multiple sources of support
Too much use of made Excel 63%Difficulty in understanding reports from different functions 61%
68%
There was no over - archiving plan for the entire organisation
Solutions were implemented over time - not all at once
We tried to choose the best solution (in terms of functionality) for each function
We tried to keep costs low
Functional heads work independently to select suppliers without considering the bigger picture 45%
97%
53%88%87%