Today, every facet of a business, from financial management to operations, is managed with digital tools. Digitalization has changed every industry sector and has proven its advantages in increasing productivity and efficiency, revolutionizing the way we communicate with our customers and sell them our products and services.
Companies around the world are mulling their digital transformation as they strive to gain a competitive edge in a crowded global marketplace.
In sectors such as manufacturing, distribution and services, the digital revolution has taken the form of Industry 4.0, where connectivity and data availability enable companies to produce higher quality goods at a lower cost. It facilitates the integration of virtual and physical environments, bringing innovation and new, advanced ways of working.
Interconnected developments that can lead to productivity and efficiency include:
- Big data analytics: it has long been believed that companies can leverage the data they possess to make better and faster decisions, increase productivity and efficiency, identify new opportunities and increase customer satisfaction.
- Automation, robotics and artificial intelligence: automation is already in place in many industries, for software applications or through robots on the assembly line. In time, it is possible that advances in AI will enable robots to take control of the manufacturing and distribution process.
- The Internet of Things: IoT enables hardware devices, often via sensors, to connect, send and receive data. For example in manufacturing, networked devices in the factory can collect data to drive predictive analytics.
- Simulations and 3D printing: with simulation, products can be modeled and tested virtually, saving time and money. And thanks to 3D printing, companies can create customized products at a rapid pace.
To create a solid and agile digital foundation, companies should focus on replacing their existing ERP systems with business management solutions that have system-of-record capabilities, which forms the essential foundation of a digital business. A strong digital foundation is critical to developing differentiated and innovative solutions.
We recommend that an organization:
- Create your strategy by prioritizing the business outcome, rather than suppliers.
- Separate the work of basic and standard data recording systems from innovative and differentiated work.
- Understand the challenges involved in your existing ERP systems and determine how investing in business management solutions can support your goals.
- Evaluate the merits of suppliers to determine which would be the best strategic partners.
In this scenario, ERP has become associated with monolithic systems that have become symbols of slow IT management and low customer satisfaction.
That's why the future goes beyond ERP, it's all about business management solutions. Companies implementing digital transformation initiatives should consider replacing ERP systems with business management solutions to develop a flexible and agile foundation to underpin and support their strategy. Old ERP systems hold companies back: for example, user experiences with old and slow ERP can interfere with productivity and efficiency, even if they have efficient digital technology in other areas.
Sage X3 provides a faster, more intuitive and adaptable business management solution for your growing business, delivering a favorable ROI and a more personalized experience for companies than traditional ERP systems.
Embrace change at full speed: faster, more intuitive and better adapted solutions than conventional ERP systems for organizations that want to maintain their competitive edge by increasing their agility and embracing change.
Sage X3 offers comprehensive business management capabilities in areas as diverse as supply chain management, manufacturing, human resource management, and payroll. Added to this are more than 50 add-on solutions that provide additional industry-specific functionality.
Along with comprehensive multinational business management, Sage X3 provides support for 18 different industry sectors ranging from food and beverage manufacturing to industrial machinery manufacturing and FMCG distribution.
The ability to support several adjacent industry sectors allows Sage X3 to support the entire value chain from source to sale or from farm to plate.
From PKF Attest as experts in the implementation of Sage business solutions since 2002, we offer you Sage X3, the new generation business management solution designed to improve the agility of the organization and make your company grow faster.
What benefits does Sage X3 bring to your business?
Among the benefits of this business management solution are agility and time optimization, but find out all about Sage X3.
In addition, from PKF Attest we help companies to walk the path from a physical company, based on physical assets, to a digital company, built on digital assets, to smart companies, built around Data.
Our goal is to simplify the processes of organizations thanks to the technology available and assumable by it. Helping organizations to become true Data-Driven organizations.
At PKF Attest, we want to help you in your digital transformation process with the simple and dynamic implementation of Sage X3.
