1. List at least 5 ERP Vendors, their products, market share and features of these products.
Due to the plethora (literally 1000’s) of products offered by each provider, I have chosen 3 products from each of the following providers to highlight the features of these products.* These products are many and varied, therefore I have chosen a diverse range to illustrate the choice that abounds in this particular arena.
SAP (25% market share)
The sheer breadth of SAP’s product line shows why they are the market leader. They have an automated solution for every business function ever thought of it seems. This can become confusing and overwhelming when trying to sift through their product line to find one that suits your business requirements.
SAP Business Warehouse: provides data sharing capabilities for the whole of the organisation; allowing staff to make better informed decisions.
SAP Online Banking: software that allows a business’ customers and partners to make secure payment for their purchases online; giving them access to another secure channel of purchase.
SAP Intercompany: allows a business unit the ability to reconcile ‘intercompany balances’; decreasing the strain placed on the company’s financial department and leading to more accurate and timely financial reporting.
Oracle – PeopleSoft (13% market share)
PeopleSoft allow their clients to purchase silo systems or integrate these ‘pieces’ together to form a full ERP Solution, depending on their needs. This ability to mix and match may see smaller companies, who subsequently grow larger, utilising Oracle because of their flexibility initially and then use them to provide a full ERP system as they add compatible ‘pieces’ on to their initial purchase as the company grows.
PeopleSoft Asset Lifecycle Management: this product allows an organisation the ability to monitor, adequately maintain and put to use operating assets for an organisation; for a global mining operator this system would be invaluable in tracking, maintaining and utilising their assets to their optimal usage. This feat in and of itself could potentially save a client money through things like limited down time, reduced repair due to regular maintenance.
PeopleSoft Supplier Relationship Management: allows companies to streamline the procurement process; integrates data from purchasing and supply to ensure staff are on hand when goods are supplied, reduces manual entry of data, allows for automation of ordering through process or budget based parameters that are pre-entered.
PeopleSoft Enterprise Manufacturing Solution: allows businesses to connect suppliers, customers and employees in real time; allowing for a more responsive manufacturing process and increased operational efficiency – a manufacturer could make-to-order their production with this system, which decreases the cost of storing manufactured products that haven’t been sold.
Sage (6% market share)
Sage has based its development of products around the sizing of businesses. They really do offer products for independent businesses or those operating on a global scale, with pricing to match!
Sage ERP X3: promises to ‘ win new customers, expand into new markets, eliminate efficiencies and increase profit’ for your business; features such as access to useable data, access to the system online, speedier responses and the integration of business processes so that the whole organisation is working from the same set of processes streamlines business operations make this possible.
Sage 500 ERP: is a whole of organisation solution that focuses on increasing productivity and profits through operations management; financial applications give the ability to track KPIs and through powerful analysis and real time data gives managers the power to make better informed decisions. It integrates manufacturing capabilities, providing flexibility and responsiveness to the market. It includes warehouse and inventory management that illuminates inventory quality, time spent on manual tasks and automated calculation of what is needed to achieve targets.
Sage One: An accounting solution aimed at sole operators, start-ups or small businesses; it provides the ability to create invoices, track projects, tasks and billable hours in a user friendly format.
Infor (6% market share)
Infor has specific products with different features for a number of different industry. This dedication to building industry specific products may see them gain greater market share in the coming years. As industry’s develop they tend to standardise a practice or way of doing things. By creating systems that cater to these industry specific practices they are intimating to clients that they can meet their needs better than a generalised system not designed specifically for their industry.
Infor Talent Science: helps business owners to assess their staff and their capabilities through behavioural and performance data; allows business managers to leverage this valuable information into profit by putting people in positions that play to their strengths and ultimately leads to increased profitability.
Infor Storefront: provides a platform for e-commerce. Is a full feature service/product; advanced search options, warehouse availability listed, payment options, ability to list specials, notify contacts automatically, search analytics included, multiple currencies can be accepted and it promises a ‘smooth user experience’.
Infor Hospitality: provides a centralised platform for all data entered across the organisation, directed at enhancing the customer experience. This system provides frontline staff with the ability to make better informed decisions about their customers, in less time and in a more proactive fashion. This improves the customer experience and allows staff to build customer loyalty which increases customer satisfaction and profits.
Microsoft Dynamics (15% market share)
Social: helps to track and gain insight from customers in the social media world. Can be used to assess customer sentiment, enhance marketing campaigns, engage with customers and provide them service.
Projects: allows users to access detailed costing reports that itemise things like billing and project processes so you can assess performance and profits and work smarter instead of harder.
Business Intelligence: provides relevant information that allows users to identify trends, respond to market demands and lack of, introduce new products and track general business performance.
*I didn’t think it was practicable to list the 1000’s of products and all of their individual features in this format.
2. Find another article that you can write an annotation on for assignment 1.
Arif, M Kulonda, D Jones, J Proctor, M 2005, ‘Enterprise information systems: technology first or process first?’, Business Process Management Journal, vol. 11, no. 1, pp. 5 – 21.
This journal article describes the practices of modifying business processes to match ERP system functionality and customising ERP software to meet the requirements of existing business processes in great detail. It then goes on to contrast and compare these two approaches to ERP selection and implementation. The author suggests that allowing technology (ERP systems) to coerce business processes would be a mistake and that processes should instead drive the technology that is selected.
This will be useful in determining which approach is most suited to Waste Management Company identified in Assessment 3 and provide some guidance as to recommendations they may be offered in regards to adopting a new ERP system.
It will also highlight facts and opposing views that can then be used as the basis for counter-arguments contained in Assessment 5.
References
Arif, M Kulonda, D Jones, J Proctor, M 2005, ‘Enterprise information systems: technology first or process first?’, Business Process Management Journal, vol. 11, no. 1, pp. 5 – 21.
Forbes 2013, 2013 ERP Market Share Update: SAP solidifies market leadership, viewed 16 November 2014, http://www.forbes.com/sites/louiscolumbus/2013/05/12/2013-erp-market-share-update-sap-solidifies-market-leadership/
Infor 2014, Products, viewed 16 November 2014, http://www.infor.com/solutions/
Microsoft 2014, Solutions, viewed 16 November 2014, http://www.microsoft.com/en-au/dynamics/solutions.aspx
Oracle 2014, Products and services, viewed 16 November 2014, http://www.oracle.com/us/products/index.html
Sage 2014, Solutions, viewed 16 November 2014, http://na.sage.com/us/sage-construction-and-real-estate
SAP 2014, Products, viewed 16 November 2014, http://www.sap.com/australia/pc/index.html