Archive for category: News

An enterprise resource management (ERP) can be the catalyst to lead your business to success. However, just having one implemented but not utilized to its potential doesn’t do much. It all starts at implementation and whether or not you have given  your team enough time and training to adapt to the changes with the new system. Forbes Council Member and CTO at Unit4 Claus Jepsen shares five ways to increase your chance of a successful ERP implementation.

1. Define Your Goals. “You need to understand your current position and desired destination before determining the best way to get there. Examine your current ERP’s ‘as-is’ state compared to the desired ‘to-be’ capabilities, considering your business environment and strategy. This stage should involve assessing current business processes, technology infrastructure and employee skills.”
2. Choose The Right Technology For Your Organization. Your solution should cater to your business model and industry. Seek a vendor that understands the intricacies of your business or sector, enabling them to hit the ground running, introduce best practices and help you achieve a faster return on investment. Remember to consider post-implementation running costs.”
3. Get Your People Involved. “Even the best ERP system will fail without user adoption. Transitioning to a new ERP system entails a transformation for your entire organization, necessitating a clear change-management strategy and plan.”
4. Test And Validate Your System. “Testing your new ERP system is essential to identify any potential issues or errors before going live. It will help minimize risks such as system failures, data corruption and other potential problems that could disrupt operations. Testing also provides an opportunity to make sure it is correctly integrated with other relevant systems.”
5. Train Your People. “You can’t roll out a new ERP system without first teaching your people how to use it. Although your vendor can provide training material, it will be based on the standard software. They will configure the system to fit your industry and organization’s needs, which means that your final setup will differ slightly. For this reason, it’s essential to speak to your vendor about creating training material specific to your circumstances.”

Implementing an ERP system is a complicated project, but yields great results for your organization – if don’t correctly. Investing time and resources, as Jepsen emphasizes from his 5 tips, then you can ensure a smoother implementation process and more effected ERP system to help with your company’s success.

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Chichester Park Hotel recently deployed Infor Hospitality Management Solution (HMS) and Infor Sales & Catering (SCS), a fully integrated, event management software solution. The new cloud systems, according to the press release, have streamlined and amalgamated key processes, laying the foundations for continued business growth. The 86-room hotel in the heart of historic Chichester, England chose Infor’s two systems simply for the ease-of-use of the solutions and their ability to integrate seamlessly with each other, as well as other solutions and technologies. Since implementation, Infor HMS and SCS delivered numerous benefits for the business, securing valuable efficiency savings and providing more insightful and accessible data than with the previous solutions. “Infor HMS and SCS are built to meet the exacting demands of the hotel industry,” comments Paul Griffiths, Infor hospitality business development manager for UK and Ireland. “Our flexible and scalable solutions deliver quantifiable business benefits, automating core processes to deliver that all-important quality experience for guests and staff alike. The efficiencies and valuable insights that our solutions deliver make them the ideal choice for hotel businesses keen to pursue ambitious growth strategies, boosting customer satisfaction as well as profitability.”

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It’s no surprise that the healthcare industry is thriving on the newest technological advancements. Technology is everywhere in the medical field – from artificial intelligence to telehealth to 3D printing and robotic surgical assistance. Jacob Kupietzky, president of HCT Healthcare Executive Interim Management & Consulting, shares an article on Newsweek of four major components in healthcare that have rapidly advanced thanks to technology.

Collecting Information. “The proliferation of smartphones and wearable trackers like Fitbits have made it possible to monitor and record patient activity and vital signs remotely, without the need for constant medical supervision. It also allows physicians to access objective, reliable data with which they can make informed medical decisions.”

Diagnosis. “A diagnosis is a professional judgment based on available data. That leaves lots of room for human error, be it from unreliable patient self-reports to misinterpreting data to insufficient measurement. Now, machine learning and artificial intelligence can identify trends within large data sets that lead to faster and more accurate diagnoses. This allows for more sensitive testing and more successful interventions.”

Treatment. “Traditionally, treatment would require in-person, doctor-to-patient interventions that risked human error and unforeseen complications. Now, while no medical intervention is truly foolproof, technological improvements have made treatments safer and more available, and in some cases can even preclude disease. Telemedicine has made certain low-risk interventions more convenient and broadly accessible by making them remote.”

Running And Building Your Practice.  “Making sure your practice remains up to date can not only keep it from feeling stale — it can also help ensure you’re providing the modern health services your community needs. That not only increases convenience — it creates better outcomes. Machine learning helps with analytics, and virtual appointments and electronic prescriptions help with telehealth patients.”

The digital age of advanced technology has greatly revolutionized the healthcare industry, and will continue to play a critical role for years to come.

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