How Duct Tape and Bubblegum are Hurting Your Business

Presented by: Jeff Pyden, President & CEO, OmniVue February 29th, 2012

About OmniVue

• We provide process and technology expertise that allows organizations to make accurate, informed decisions during rapidly changing market conditions.

• Our VueFinderTM discovery sessions uncover your true business goals, challenges and metrics necessary for successful evolution.

Result: We help you map processes to profit.

Welcome

Jeff Pyden

President & CEO of OmniVue

Duct Tape

Duct Tape

Duct Tape

In the beginning

Fast forward a few years

How did we get in this mess?

• Acquisitions

• Rapid growth

• Business Model Changed

• IT budget didn’t keep pace

• Downsizing

Impact

RESULT: Impact to Your bottom line

Supporting multiple disparate systems

5 Signs that you have Disparate Systems

• Unreliable financial reporting

• More than one system of record

• Inability to adapt and change quickly

• Your systems don’t talk to each other

• Challenging disaster recovery efforts

1. Unreliable Financial Reporting

YTD Balance Sheet for the period ending 2040 BC

2. More than One System of Record

• Do you have multiple places you store customer information?

• Can you find information in the first place you look?

• Multiple inventory masters

3. Inability to adapt and change quickly

• Your systems become the excuse for delayed initiatives

• You add more systems to accomplish the requested change

4. Systems that don’t talk to each other

• You have many manual processes to move data between systems

• Entering data multiple times

• Reliance on Excel spreadsheets

5. Challenging Disaster Recovery Efforts

• Are all your systems being backed up?

• Could a hardware or software failure lead to extended downtime

• If your disaster plan cannot restore operations within an acceptable timeframe

Real World Scenario

Future State Scenario

eCommerce

Financial System

eLearning

CRM

How your systems should connect

Best of Breed vs. Integrated Systems

Cost

• Maintenance

• Upgrades

• Disaster recovery

• Training

• Support

Features/Functionality

• Access to shared data

• Consistent user interface

• Affect on revenue

• Scalability

• Competitive advantage

Examples of Integrated Systems

Examples of Integrated Systems

Examples of Integrated Systems

Where should you start

• Discovery Workshop – to help you find your way.

– Identify your financial data

– Identify your customer data

– Design and map your processes to best serve your customers

– Move towards an integrated system

VueFinderTM

• OmniVue’s proprietary VueFinderTM process:

– Identify strategic goals.

– Evaluate current business processes.

– Align technology with both.

• Result: Roadmap to align processes to profit

• Contact us to learn more about VueFinderTM

Questions