If You Have Not Moved Your ERP to the Cloud, Then Your Digital Transformation Is Not Complete
There’s no one-size-fits-all roadmap for digital transformation. Just try searching for the phrase “digital transformation roadmap” and that search will return more than 4 million results. Of course, they’re not all relevant and they’re not all current. What’s more, some are geared for enterprise-level organizations and others are more appropriate for small and medium businesses. What’s clear, however, is that you do need a strategy, a plan to keep your company if not ahead of the curve, at least not lagging behind.
So where are you on your digital journey?
Big or small, it would be nearly impossible for you to exist if you didn’t have an ERP software system. ERP is the nuts and bolts of your financials and operations. So, let’s start with that. Where does your ERP solution reside? In your data center? In your server closet? If you’re an enterprise-level organization your ERP may reside in your data center. If you’re a small or mid-sized business (in the industry that’s called SMB), your ERP software may still be sitting in a server closet in your office.
Either way, if your ERP software is still on-premise, it’s time to move to the cloud.
According to a recent Forrester report, which you can download from the home page of our Web site, “Organizations worldwide are clearly making digital transformation a priority. Indeed, 86% claim to have at least some form of a strategy in place. However, only 47% feel they are “Transformers” — pursuing a full strategy that lays out how their organization will use digital assets to create new sources of value for their customers, to drive revenue growth in the future and create operational agility in service of customers. Thirty-nine percent are still limiting themselves as “BoltOns” — bolting digital elements to their existing business models.”
If that 10-page report is more than you have time to read, we get it. That’s why from our home page we also offer you a 2-minute video, starring Microsoft CEO Satya Nadella, about the role of Microsoft Dynamics 365 ERP in digital transformation. In a nutshell, Dynamics 365 is back-office software powered by the Microsoft Cloud. To accelerate your digital transformation, you need a new type of business application. One that breaks down the silos between CRM and ERP, that’s powered by data and intelligence and helps capture new business opportunities. That’s Microsoft Dynamics 365.
Whether you’re currently running an on-premises version of Microsoft Dynamics ERP or you’re running QuickBooks but you’ve outgrown it, moving to Dynamics 365 for ERP and CRM is a smart move. Because it’s not about taking one small step toward the digital transformation of your company, you’ll actually be taking a giant leap toward accelerating your entire digital strategy.
To gain a better understanding of the digital value proposition, we recommend reading a very recent (January 2019) McKinsey & Company report entitled “A winning operating model for digital strategy.” The report makes the logical case that digital transformation will not be achieved by bolting on digital pieces of your business, but should rather be the creation of a digital business operating model. Realistically, you may not be quite ready for that holistic approach. But there’s nothing to stop you from:
Taking the next step
Contact us. Bond Consulting Services is a national consulting firm that empowers organizations across the United States to thrive in a digitally transformed world.
Our consultants offer more than 100 years of combined business-software experience and industry knowledge to help your business achieve more. With more than 17 years of industry experience, we are confident in our ability to deliver on the solutions we provide and proud of our extensive expertise and unparalleled understanding of Microsoft’s suite of products and how they work together.
We operate out of Long Beach, California, and it’s from there that our expert team assists clients with their software needs, be it ERP, CRM, or Talent. Visit us at www.BondConsultingServices.com or just pick up the phone and call 562-988-3451.
Related Article:
Award-Winning Microsoft Dynamics Software from an Award-Winning Partner