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ERP Process Automation | @DevOpsSummit #ERP #Cloud #DevOps #FinTech #DigitalTransformation
In this era of rapid digital transformation, enterprise-wide ERP process automation matters more than ever. Here's why
By: Automic Blog
May. 20, 2017 12:00 PM
ERP Process Automation Demands More than a Simple Scheduling Solution
The car you drive, the food you eat, the clothes you wear and the phone calls you make are all touched by an enterprise resource planning (ERP) system. Whether it's Oracle, SAP or another supplier, the ERP software and processes manage the back-office functions of every major industry.
So if you use ERP at the core of your business processing, it's important to get it right. Now more than ever. In the application economy, almost every business is becoming a software-driven business. Successful organizations need an ERP platform defined to deliver agility, speed to market and innovation.
Not enough organizations have one though. While ERP applications have become the systems of record for many businesses, they have also become a major bottleneck to agile operations, faster processes and transactional scale.
Too often, ERP processes are not extended beyond their line of business silo. ERP information is not connected seamlessly to data warehouse and Big Data initiatives - stifling timely analysis and reporting. Significant manual intervention often leads to errors and increased processing times. And when change is needed, it cannot come quickly enough: new functionality to satisfy customer demand quickly can't be added without impacting operational systems.
The Tangible Financial Benefits of ERP Automation
And while such a significant reduction in costs might not be possible immediately, by the end of the financial year, significant gains - more than the cost of implementation - can realistically be made.
The financial close process runs monthly, quarterly and yearly, and is not just limited to the ERP application. Information needs to be pulled from across the business before it reaches the ERP. This information can be held in multiple applications or databases. Once in the ERP, this data needs to be driven through multiple modules which have critical dependencies that must be executed in the correct sequence. Once completed, the resulting data needs to be pushed into data warehouses or analytics platforms for business reporting.
The coordination of this process is paramount to eliminate errors and delays, as well as providing businesses with the visibility and governance it requires.
Automation Means More Than an ERP Scheduler
Here's the problem: These point automation solutions don't go far enough. To compete at the pace of your competitors, you need to transition from opportunistic, point solutions to an enterprise-wide systematic approach to ERP automation. This provides a cohesive platform for process automation across the entire enterprise supporting reuse, agility, visibility and compliance.
A systematic automation platform supports multiple forms of automation from one central environment. It connects the ERP applications with the business processes they support, other applications and data sources in the ecosystem and the underlying infrastructure. This greatly improves visibility across the entire process and ensures that ERP investments are fully realized.
The Internet of Things (IoT) also changes the dynamics. Your ERP system needs to be extensible to incorporate new applications and flexible to adapt to changing business demands that come with hyper connectivity. For example, integrating an automated manufacturing process into your SAP HANA or Oracle ERP environment. Forget the opportunistic, point automation tools or scripts: They lack the complete process automation, release automation, extensibility and auditing capabilities demanded by IoT.
Automate On-Premise, Cloud and Hybrid ERP Environments
From a workload automation perspective, such a platform executes core business processes based on business events or via a self-service catalog. Workflow templates support critical activities for ERP business applications, from Oracle and SAP, to Hadoop and Big Data.
Make no mistake, a systematic business automation platform help business leaders run, build and transform their ERP environments. In this era of rapid digital transformation, that matters more than ever.
@DevOpsSummit at Cloud Expo taking place June 6-8, 2017, at Javits Center, New York City, and is co-located with the 20th International Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world.
DevOps at Cloud Expo / @ThingsExpo 2017 New York
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The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time to wait for long development cycles that produce software that is obsolete at launch. DevOps may be disruptive, but it is essential.
@DevOpsSummit will expand the DevOps community, enable a wide sharing of knowledge, and educate delegates and technology providers alike. Recent research has shown that DevOps dramatically reduces development time, the amount of enterprise IT professionals put out fires, and support time generally. Time spent on infrastructure development is significantly increased, and DevOps practitioners report more software releases and higher quality. Sponsors of @DevOpsSummit will benefit from unmatched branding, profile building and lead generation opportunities through:
For more information on sponsorship, exhibit, and keynote opportunities, contact Carmen Gonzalez by email at events (at) sys-con.com, or by phone 201 802-3021.
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Sponsors of Cloud Expo / @ThingsExpo will benefit from unmatched branding, profile building and lead generation opportunities through:
For more information on sponsorship, exhibit, and keynote opportunities, contact Carmen Gonzalez (@GonzalezCarmen) today by email at events (at) sys-con.com, or by phone 201 802-3021.
All major researchers estimate there will be tens of billions devices - computers, smartphones, tablets, and sensors - connected to the Internet by 2020. This number will continue to grow at a rapid pace for the next several decades.
With major technology companies and startups seriously embracing Cloud strategies, now is the perfect time to attend @CloudExpo | @ThingsExpo, June 6-8, 2017, at the Javits Center in New York City, NY and October 31 - November 2, 2017, Santa Clara Convention Center, CA. Learn what is going on, contribute to the discussions, and ensure that your enterprise is on the right path to Digital Transformation.
Track 1. FinTech
Delegates to Cloud Expo / @ThingsExpo will be able to attend 8 simultaneous, information-packed education tracks.
There are over 120 breakout sessions in all, with Keynotes, General Sessions, and Power Panels adding to three days of incredibly rich presentations and content.
Join Cloud Expo / @ThingsExpo conference chair Roger Strukhoff (@IoT2040), June 6-8, 2017, at the Javits Center in New York City, NY and October 31 - November 2, 2017, Santa Clara Convention Center, CA for three days of intense Enterprise Cloud and 'Digital Transformation' discussion and focus, including Big Data's indispensable role in IoT, Smart Grids and (IIoT) Industrial Internet of Things, Wearables and Consumer IoT, as well as (new) Digital Transformation in Vertical Markets.
Financial Technology - or FinTech - Is Now Part of the @CloudExpo Program!
Accordingly, attendees at the upcoming 20th Cloud Expo / @ThingsExpo June 6-8, 2017, at the Javits Center in New York City, NY and October 31 - November 2, 2017, Santa Clara Convention Center, CA will find fresh new content in a new track called FinTech, which will incorporate machine learning, artificial intelligence, deep learning, and blockchain into one track.
Financial enterprises in New York City, London, Singapore, and other world financial capitals are embracing a new generation of smart, automated FinTech that eliminates many cumbersome, slow, and expensive intermediate processes from their businesses.
FinTech brings efficiency as well as the ability to deliver new services and a much improved customer experience throughout the global financial services industry. FinTech is a natural fit with cloud computing, as new services are quickly developed, deployed, and scaled on public, private, and hybrid clouds.
More than US$20 billion in venture capital is being invested in FinTech this year. @CloudExpo is pleased to bring you the latest FinTech developments as an integral part of our program, starting at the 20th International Cloud Expo June 6-8, 2017 in New York City and October 31 - November 2, 2017 in Silicon Valley.
The upcoming 20th International @CloudExpo | @ThingsExpo, June 6-8, 2017, at the Javits Center in New York City, NY and October 31 - November 2, 2017, Santa Clara Convention Center, CA announces that its Call For Papers for speaking opportunities is open.
Submit your speaking proposal today! ▸ Here
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