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It is not uncommon to still find companies relying on disparate systems; that is, technology platforms which do not “talk” to each other or integrate well within the broader digital ecosystem.If you think about the technologies you use in your own life, your banking app might have a different password to your favourite shopping app. Social media login criteria may also vary from one platform to the next, particularly if falling under different digital companies.
Accuracy also improves dramatically because the data is acknowledged as the only source of truth. Instead of discrepancies creeping in, all staff can now be compliant with the centralised information hub, leading to a far more responsive business environment. According to research by business solutions provider Sage more than 70% of large enterprises make use of ERP systems. Cloud-based ERP solutions are in high demand globally.
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