Legacy ERP Migration
Taking advantage of the best of modern business management solutions
So long, legacy ERP
Is your ERP system delivering value to the business, or is it simply part of the status quo—the way things are done?
Technology, including ERP, should not be an end in itself. It needs to support your company’s vision and strategy. If your users or IT managers get a sense that the current ERP no longer helps the organization grow, compete, and thrive, it’s time to give it a thorough review and see how it actually performs. Maybe the efforts needed to manage the solution no longer justify the returns from it. Or, business processes and user roles have changed, and technology needs to follow suit. It could be valuable to poll users—especially if this has not been done in a while—and find out how they really work with the ERP system and how they feel about the productivity enablement they receive from it.
When ERP reaches the end of its lifecycle
Some companies customize their older ERP systems to a very high degree as their requirements change. Over time, these customizations become less and less effective as the software becomes more challenging to update and manage, and the effort to keep it aligned with the business never gets any less. Integrations of older ERP systems with other software or data sources can also become unmanageable and unreliable, or present security vulnerabilities.
Since your initial ERP implementation, the mandates of regulatory compliance impacting your business have likely changed and have become more complex and stringent. New regulations for recognizing revenue, managing and securing sensitive data, and other aspects of your operation need to be reflected in the ERP infrastructure, or you may be at risk for penalties and a loss in brand equity. Not all older ERP systems can keep up with contemporary compliance frameworks.
Both company’s custom-built systems and vendor-provided solutions can become legacy ERP. Many trends and events can come together to devolve a once promising software product. Sometimes, staff turnover and the loss of specialized expertise leaves software created in-house without support. Similarly, vendors stop providing updates and service plans for older products. Security vulnerabilities and performance issues that cannot easily be addressed are another indicator of legacy ERP and the need for a fresh start.
Opportunities not to be missed
Are you missing out on resilient, agile and secure ERP?
How have business and technology changed since you first implemented the ERP solution? Is your ERP still the right tool to help the company evolve and transform today?
Have you thought about the potential benefits of moving ERP to a cloud infrastructure? Would efficient, cloud-based collaborations between customers, trading partners, and the company, or among various teams and contributors, be of advantage?
Are you taking advantage of mobility to provide anytime, anywhere access to ERP capabilities and data?
Can your ERP connect to virtual reality (VR) and augmented reality (AR) resources to facilitate innovative engineering and product development?
- Can it accommodate data streams from the internet of things (IoT) or integrate with advanced analytics and business intelligence tools?
- Have you considered the security risks to your legacy ERP system from malware, digital threats, and bad actors that are ever becoming more sophisticated?
- Does your ERP help you deliver the best possible partner and customer experience?
- Would you prefer to replace or update business systems that integrate with ERP, but the system could not support the newer versions of these software tools?
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Ready to move to a more modern ERP system? Let’s talk.
Implementing tomorrow’s ERP infrastructure
Leaving legacy ERP behind does not have to mean unwelcome disruption for your people and processes. By design, modern ERP systems are easier to implement and manage, and more usable and flexible, than their predecessors. In the cloud, you can deploy the ERP capabilities you need in a modular fashion, integrating and surrounding them with CRM, analytics, and other software tools. Updates are largely automatic and require minimal intervention, and you can easily add computing power, storage, user accounts, and business entities. Compared to legacy ERP, the scalability of ERP in the cloud is practically unlimited. And, the security of cloud ERP far surpasses what most companies could implement on their own.
In the Sikich ERP practice, we often help companies abandon legacy ERP and adopt a powerful, modern solutions in the cloud. We help you build a business case for change, choose a solution that fits the way the company works, and perform the implementation for you. We know how to make this journey efficient and outcome-driven, based on your goals and requirements.
Read Insights for your Next Steps
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