4 Things to Consider Before Embarking on an ERP Upgrade or Implementation

Key Takeaways

Unit4 will discontinue support for its on-premise ERP products by December 2024, prompting enterprises to consider cloud-based SaaS solutions.

IFS Cloud simplifies the ERP transition process with out-of-the-box tools and offers industry-specific capabilities, reducing the need for extensive customizations.

By providing a unified platform for various business functions, IFS Cloud enhances scalability, consistency, and visibility while accommodating global operations and local requirements.

As of December 2024, Unit4 will end support for its on-premise ERP products—Unit4 ERP, Agresso, and Unit4 Business World. This shift from traditional on-premise solutions to cloud-based Software-as-a-Service (SaaS) platforms is a significant moment in the industry. With the high cost of upgrading existing systems, many enterprises are seizing this opportunity to explore alternative ERP solutions.

One notable alternative is IFS Cloud, which provides several advantages for organizations considering an ERP upgrade:

  1. Simplification: Transitioning to new SaaS solutions often involves a complex, from-scratch implementation. IFS Cloud simplifies this process by offering out-of-the-box tools that reduce the need for extensive customizations. This streamlined approach minimizes the challenges typically associated with ERP upgrades, making the transition smoother and less disruptive.
  2. Industry-Specific Capabilities: Customizing ERP solutions for specific industries can be costly and time-consuming. IFS Cloud addresses this with a suite of industry-specific features available immediately. It supports various sectors, including manufacturing, oil & gas, construction, aerospace & defense, and the service industry. Its tailored dashboards and lobbies provide users with relevant, role-specific insights, enhancing efficiency and decision-making.
  3. Scalability and Consistency: A major drawback of using disparate systems for different business functions is the lack of integration. IFS Cloud offers a unified platform that integrates ERP, finance, CRM, and more, eliminating the need for patchwork solutions. This cohesive system ensures consistent data flow, improved visibility, and seamless operations across all business areas.
  4. Global Reach with Local Expertise: Modern ERP systems must cater to global operations while accommodating local requirements. IFS Cloud excels in this aspect by providing a solution that is adaptable to regional needs, including payroll and compliance, across various countries.

For a deeper understanding of the benefits, consider the 2023 Forrester Consulting Total Economic Impact (TEI) Study, which highlights how IFS Cloud users have saved up to $36 million over three years through increased efficiency and reduced costs. This study offers valuable insights for enterprises evaluating their ERP options.

Click Here for Full Article

Learn More About Cooper Software