The phrase “We are only as strong as we are united, as weak as we are divided”, though coming from the fictional Albus Dumbldore character in the Harry Potter saga, can also perfectly illustrate the importance of ERP integration to companies. An ERP system is often considered to be the backbone of an enterprise whether it is an eCommerce, supply chain, manufacturing or healthcare business.
Born and built in the cloud as an enterprise resource planning (ERP) solution, Oracle NetSuite enables organizations to create a unified view of their business. While it generates reports on enterprise performance, the platform wasn’t built to optimize the reporting process. For accounting and finance teams especially, the challenge makes it difficult to create flexible, customized financial reports.
If you found this article, chances are you already know why you need a solid eCommerce and ERP integration. After all, ERP is kinda of the backbone of any online shop; a master system, if you like, that allows you to effectively handle sales orders and order fulfillments, manage your supply chain and B2B partners, and keep track of the inventory, especially if you sell on multiple channels.
As businesses advance their digital transformation efforts, enterprise resource planning (ERP) systems are evolving — arguably as significantly as the shift from materials resource planning (MRP) to ERP. Just as businesses reimagined operations by leveraging advances in hardware and software in the 1980s, they’re now turning to next-generation ERP.
Analysts have found that roughly 50% or more enterprise resource planning (ERP) projects fail, and approximately half of all projects are considered challenging.