The Ledger

Top 2019 Predictions from Veteran Analysts

Every finance leader has similar predictions for what is to come in 2019, but what are the most important things to prepare for? At the center of the technological trends is leveraging strong data to make better decisions about products, services, employees and strategy. Also on the list is the rapid adoption of enterprise technologies that fit specific business needs, instead of a one-size-fits-all approach. However, this rapid adoption brings added complexity in finding the right tool for your business. Another priority that finance leaders are anticipating is a renewed focus on change management to ensure scalability and sustainability.

Read More at The Digitalist by SAP >

Step Aside Traditional ERPs – Enterprise Technology is Driving Success in 2019

“Traditional ERP implementations are increasingly giving way to full-blow digital transformation efforts.”

In 2019, traditional ERP implementations will become increasingly obsolete, and more companies will find success by broadening their view of enterprise technology. Instead of viewing ERP implementations as a way to automate back-office functions or to automate already-inefficient business processes, more technologically innovative organizations will find success by breaking with the status quo. For example, more forward-leaning organizations are finding success focusing on true digital transformations vs. traditional ERP implementations, which is the wave of the future. As a result, traditional implementations will continue to fade in 2019.

Read More at CFO Magazine >

Turning Digital Finance Transformation Vision into Reality

A recent interview published in The WSJ with Deloitte’s CFO, Pete Shimer, examines the CFO’s role in a global finance transformation. He says, “The opportunities and challenges of digital transformation in finance are relatively common across large, global enterprises. However, the difference between struggle and success may result as much from a CFO’s ability to collaborate and communicate with stakeholders as from the technical skills needed to move finance into the digital world.”

Read More at The Wall Street Journal >

Train Your Supply Chain to be Dynamic

The very nature of the supply chain is that it’s constantly subject to change, whether that change comes internally (new products, new technology, new management) or externally (regulations, disruptions, competition). There’s also now compelling evidence that the workforce itself is being changed by this continuous influx of new-ness. Due to the shift in consumer buying habits to an omni-channel/”always-on” model focused on immediate gratification, shippers find themselves stretched in every direction. They recognize the need for greater agility, but many haven’t made the required changes to improve their agility over the past five years.

Read More at MH&L >