ERP Should Be The Backbone Of Your Business [Forbes]
Oracle Corporation (ORCL)
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Source: Forbes
ERP (enterprise resource planning), a platform used to manage and integrate the essential parts of a business, can offer several advantages for companies. However, not all ERP selection criteria are equal. Some are more important than others. Here are ten questions to help you choose the most suitable ERP for your business. 1. What is your ideal ERP? What are you looking to change in your current operations and why? Are there any weak points in your current system? Are your existing customers and new sales suffering as a result? What are your company's plans for the next five to 10 years? To identify your ideal ERP, you should take your time to consult with colleagues and reach a consensus on your needs, priorities and criteria for choosing an ideal ERP. Not knowing your expectations might be why 55%-75% of ERP projects fail, according to Gartner 2. How big is your company? Your ideal ERP platform can vary considerably depending on the size of your company. According to a recen
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ORCL
Earnings
- 3/11/24 - Beat
ORCL
Sec Filings
- 4/26/24 - Form 11-K
- 4/26/24 - Form 4
- 4/26/24 - Form 4
- ORCL's page on the SEC website