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ERP Modernization

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Outdated ERP and CRM Solutions: Why they cost
you a Fortune

Does your company use outdated, non-integrated and/or user-unfriendly ERPor CRM solutions? If so, you probably know better solutions. But you’re still not ready to change - 4 reasons why this could cost you a fortune in a fast-moving market.

The “Trend”: more and more Companies are putting off Software Modernization

As a rule, companies modernize their ERP and CRM solutions every 8 to 10 years, usually either with an upgrade or by replacing them. In some industries, this interval is becoming even longer.

Why is that?

This leads to the question: why do companies put off modernizing their business software? There are various reasons for this, of course, depending on who is to blame for the fact that the old solutions no longer fit. And who is looking at the complexity and expense of a potential replacement. Not to mention the fear that in the event of a failed project your own CV could look bad.

4 Places where Prolonged Delay will cost you Dearly

What consequences does such a delay have for your business? The list is long. We have selected four aspects that can have a significant impact on your business:

  1. You are stuck with a high total cost of ownership. If you use on-premises solutions, these cannot be avoided. This is because these solutions run on your own server hardware and internal system management. Here, the costs are sometimes not even apparent at first glance. If, on the other hand, you rely on a public cloud, things look different.

  2. Your current business processes, which function poorly or no longer at all, continue to run. And so do the associated costs. These will even increase if you do not rectify your weaknesses quickly. This can also have a negative impact on customer and employee satisfaction. And it can ultimately even lead to loss of customers and employees.

  3. If you continue to rely on manual processes, you are making yourself dependent on the knowledge of your long-established employees. When they leave your company shortly to retire, the know-how goes directly with them.

  4. Perhaps the most important problem is that they are missing out on the continuous innovation we see in cloud-based solutions today. The leading ERP and CRM software vendors have all shifted their R&D investments to their cloud products.

Global software vendor Microsoft has confirmed this. Its revenue from Dynamics 365 cloud services increased by 19% in the first quarter of 2021. So if you are still running solutions on your own premises, this means that the availability of new functions and innovations will slow down. And eventually stop altogether.

Modernize your ERP and CRM Software together with an Experienced Partner

Logically, modernizing your business software requires a serious investment, but sticking with outdated solutions can cost you a fortune. Trust a good partner to help you choose and implement the right technologies. And avoid throwing a lot of money out the window.

Empty Wallet
If you keep postponing the modernization of your ERP system, this will eventually lead to high costs.