Less than one in five organizations are close to where they want to be by 2020 with their digital transformation. With digital disruption in the headlines of so many articles these days, businesses are at a crossroads of where they need to direct their future. 92% of companies believe that something needs to change. In this article, John Mancini of the AIIM global community breaks down the good news and the bad news of the digital transformation trend taking the world by storm. To learn more about how ready your company is to face the digital disruption, and how to begin your digital transformation, take our free digital readiness assessment.
From opening its first Mexican restaurant in 1987, Norsan has become a diversified group distributing prime meat to 1,500 customers across 11 US states daily. As the business outgrew its existing software, it looked for an alternative to provide greater control and transparency. Now, with SAP Business One running every entity in the group, the business has streamlined processes, and deep insight for decision-making, which has driven 40% growth in the three years since implementation.
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Peter Weil and Stephanie Woerner of the MIT Center for Information Systems Research put together a case study of how BBVA, a Spanish bank, faced the digital disruption head on and transformed into one of the leading digital banks in the world. Within the article, they discuss the role of the CEO, and how important it is for business leaders to set a clear vision for their company’s future in order to be successful. When done right, the return can come in spades.
Digital transformation is not always easy. It’s essential for almost every business to undertake and starting your transformation journey is often the toughest part. Knowing the right tools for successful digital transformation is the first step. In this article, Terri Jones discusses some essential tools for anyone in the process of transforming their business. Tools such as code-free software and advanced integration can really help seamlessly allow your business to transform to meet your customers’ changing needs.
Tech-Long is one of the leading global suppliers of bottling and packaging solutions to the beverage industry. The company had disparate information systems and had outgrown financial software, so implemented SAP Business One to streamline its operations. Six months on, Tech-Long has synchronized and accelerated its business processes and seen a significant uplift in its service satisfaction rate
FlenTek is a value-added reseller of custom motor controller systems, and has grown from sales of $5,000 in 2006 to $1.5 million today. Plagued by disparate data and double entry, the firm adopted SAP Business One to consolidate, centralize and improve productivity. Now FlenTek is using technology to power its growth and since implementing SAP Business One, has demonstrably improved its margins.
With every mention about ‘digital transformation,' the term becomes more and more like business jargon. Salesforce recently conducted a survey of 562 full-time employees, and in the survey 69% of people said they would not be confident explaining the concept of digital transformation to another person. What people don’t realize is how digital transformation can make life easier not only for businesses, but for their customers too. In this article Tony Colon discusses a few of the aspects that makes digital transformation so vital to the world of business today, from security to accessibility.
Ceramic Technics is an importer and distributor of tile and stone flooring, principally across North America as well as Panama and Dubai. The company’s legacy software was limited in flexibility, features and usability, so Ceramic Technics chose SAP Business One to provide the visibility, accessibility and scalability it needed to grow. The implementation was a prime opportunity to re-engineer the warehouse, improve existing business processes and obtain greater transparency of information, enabling the workforce to be more effective and productive.
The construction industry is currently seeing a decline in the number of young minds entering the workforce, and with the integration of more technology, there is an increase in the knowledge required to run it efficiently. Unfortunately, the disconnect between the two is causing shortage of skilled labor in the construction industry, but now more firms are using technology as a powerful recruiting tool to help guide people to the workforce. “For many construction firms, a better-trained, more tech-savvy workforce can be a shrewd marketing tool for attracting younger, skilled workers who may not otherwise be interested in blue-collar jobs.” I-Business Network offers SAP Business One technology for the construction industry as well as training for all our clients, to ensure that disconnect between firms and technology is a thing of the past.
Improving the efficiency in your warehouse is key to increasing profitability in a world where margins are constantly under pressure. The more your business grows, and the more sophisticated your products become, the more it feels like your warehouse is out of control. Worse yet as the complexity increases and your accounting software falls behind, your growth is limited and margins shrink.