By Lynne Sampson-Oracle on Sep 23, 2015
Admit it: there are lots of you out there who would like to break up with your current ERP system. It's been a long, fruitful relationship. You've been together through good times and bad. But you've changed and grown. Your ERP hasn't.
Problem is, you've already invested so much into the relationship. Time. Work. Money. Breaking up is hard. Everyone knows it. They write songs about it.
Should I stay or should I go?
That's the subject that Oracle's Rod Johnson tackles in his recent Forbes column. Not only does he give some sage advice, but he provides a decision matrix to help you figure out when to modernize your ERP, and whether the time is now:
I find this framework very handy for understanding where your company fits on the scale, and whether it's time to dump your ERP completely or work out some kind of alternate arrangement.
Of course, nowadays, modernization usually means a move to the cloud. For larger companies that are used to running enterprise suites on premise, that means a cloud that can provide all the finance, procurement and project management functionality they're used to. Read more of Rod's article and sound off in the comments.