Why Global ERP? Traditional Challenges, Benefits, and Key Success Factors
Learn how globally adopted information systems and processes can help these organizations successfully move into new markets while maintaining visibility into overall operations, standardizing business processes, optimizing value chains, and simplifying IT environments.
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Organizations that have multiple sites and global operations face significant challenges to efficiency and growth. Disparate business systems, lack of supply chain visibility and control, and high IT maintenance costs hold companies back and make it difficult to support new growth initiatives.
By implementing an integrated, global ERP system, executives are given a comprehensive, real-time view of the entire organization for financial reporting and operational decision making. A global ERP system also allows for consolidated and standardized processes that enable an organization to consistently optimize business functions, such as intercompany trade, multi-site planning, shared services, and book closing. Finally, a global ERP system helps companies to better collaborate across value chains and work more efficiently with other operations, partners, and suppliers.