The video discusses the importance of optimizing your current ERP system before moving to the cloud. The speakers highlight that many organizations are not using their ERP systems to their full potential, which can lead to inefficiencies and missed opportunities. They suggest starting a master data management committee to manage and understand your master data. They also mention that many organizations own products that they have not fully deployed, which could provide quick wins if implemented.
The speakers discuss the importance of good position management in HR, suggesting that organizations should look at their jobs and positions and consider collapsing jobs and expanding positions. They also suggest moving away from smart coding, as it can be confusing for new employees who don’t understand the codes.
The speakers emphasize the importance of reporting and suggest that organizations should understand what data people are getting, what they need it for, how often they need it, and who gets it. This will help determine the tools that will be used in the info Cloud Suite.
The speakers also discuss the importance of training and change management, suggesting that organizations should start thinking about how changes will affect people and their roles. They suggest creating a training matrix to understand who would be affected by changes in processes.
The speakers then discuss the do’s and don’ts of ERP. They emphasize that ERP is not just an IT project and that business owners need to be engaged. They suggest using a sound methodology and creating a thoughtful rollout strategy. They also suggest thinking about the user experience and the impact on end users.
The speakers also discuss the importance of understanding the timeline for ERP projects and the difference between a migration and a conversion. They suggest that organizations should have a realistic understanding of the resources required for these projects.
The speakers suggest that organizations should not revert to the old way of doing ERP and should embrace the new way of doing ERP in the cloud. They also suggest that organizations should start cataloging their reports, interfaces, customizations, extensions, and workflows.
Key Takeaways:
- Optimize your current ERP system before moving to the cloud.
- Start a master data management committee to manage and understand your master data.
- Deploy owned but not fully utilized products for quick wins.
- In HR, consider collapsing jobs and expanding positions for better position management.
- Move away from smart coding to make it easier for new employees.
- Understand what data people are getting, what they need it for, how often they need it, and who gets it for better reporting.
- Start thinking about how changes will affect people and their roles for better training and change management.
- ERP is not just an IT project; business owners need to be engaged.
- Use a sound methodology and create a thoughtful rollout strategy.
- Understand the timeline for ERP projects and the difference between a migration and a conversion.
- Embrace the new way of doing ERP in the cloud.
- Start cataloging your reports, interfaces, customizations, extensions, and workflows.