Growth
Profitability
Innovation

Business Information Systems Dilemma: Fueling Growth or Heading for Disaster?

By Vinay Govande • Published October 2009

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Think of business software as your company’s infrastructure – the “information highway” for your daily operations. Just like a network of intertwining roads, business applications need to be designed properly with the right access, interchanges and routine maintenance or there will be poor performance, lost information, backlogs, unreliable reports and costly crashes.

Every function of your business could have its own software. How many applications are currently in use within your organization – three, four, five? If these systems are not sharing information, how can you really know the health of your organization and make well-informed decisions?

For various reasons (which we’ll outline later), companies often attempt to get by with an outdated or mismatched information system even though that hampers their operations. The money they believe they are saving with “getting by” is insignificant compared to the money they are losing in inefficiencies spread throughout their daily operations.

In this eNews, we will help you navigate the gridlock and explain the best method to evaluate, select and implement a business application that will fuel your company’s growth. Selecting the right software starts with the right questions...

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Companies that have gone through Information Systems Transformation Strategy have identified the following key value areas:

Source: SAP Value Engineering Research


Common Information Systems Terms

ERP:Enterprise Resource Planning
CRM:Customer Relationship Management
WMS:Warehouse Management System
BI:Business Intelligence
DW:Data Warehouse
TCO:Total Cost of Ownership
BPR:Business Process Reengineering