In addition, organizations nearly always wanted to customize their ERP systems to fit their specific needs, entailing an additional expense of software consultants and training | These resources can instead be invested in new business opportunities, and the organization is |
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With a secure and centralized data repository, everyone in the organization can be confident that data is correct, up-to-date, and complete | To these companies, ERP is as indispensable as the electricity that keeps the lights on |
In addition, users gain a comprehensive, real-time understanding of enterprise business activities not only in the front office, but also in warehouses, on factory floors, and everywhere else across the enterprise.
16Higher user-adoption rates from a common user experience and design• This helps ensure that the information used across the enterprise is normalized and based on common definitions and user experiences | ERP fundamentals ERP systems are designed around a single, defined data structure schema that typically has a common database |
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Access new technologies Finding cloud applications that complement your legacy ERP software modules lets you immediately take advantage of rapidly advancing new technologies and improving user paradigms | Readily adopt new and evolving SaaS technologies LNext-generation technologies, like artificial intelligence AI , help cloud-based systems rapidly improve their capabilities with no need for periodic updates, unlike your legacy system |
Data integrity is assured for every task performed throughout the organization, from a quarterly financial statement to a single outstanding receivables report, without relying on | These provide complimentary systems that deliver immediate business capabilities and value without a fundamental change in your operations |
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Watch and learn how Oracle ERP Cloud delivers connected teams, unified data, and real-time insights to help you and your finance team ensure that the best business decisions are made | Using cloud applications from your legacy ERP vendor often produces the same or better intelligence without needing an additional vendor relationship |
For example: consider a company that builds cars by procuring parts and components from multiple suppliers.
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