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News fromSage ERP X3
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Aberdeen Report finds ERP is Critical in Reducing Costs for Midsize CompaniesIn the face of rising energy costs and a fear of a global economic downturn, reducing costs is a top priority for today’s mid-size companies as they develop their Enterprise Resource Planning (ERP) strategies. Yet, in order to preserve revenue streams and market share, cost reductions cannot come at the expense of customer service. Partially underwritten by Sage, the newly published “2008 ERP in the Mid-Market” benchmark report from Aberdeen explores feedback from over 500 mid-size companies, and aims to serve as a roadmap to those that desire to reduce costs, and improve accuracy and delivery performance.
Five Compelling Facts from the Research, Providing Actionable Benefits for Readers:Best-in-Class companies reduced costs by 21% by implementing 13% more ERP functionality. Best-in-Class companies achieve 95% complete and on-time delivery. Best-in-Class companies reduce inventory by 22%. Best-in-Class companies improve productivity by being 51% more likely than Industry Average to have drill-down capabilities from summary data into transaction data. Best-in-Class companies are able to react proactively by being 57% more likely than Industry Average to anticipate exceptions.
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