Enterprise Resource Planning (ERP) solutions are getting a brand-new modern look. For years, ERP has brought data management and end to end views to enterprises, but earlier systems lacked flexibility and others were too complex while doing nothing to boost workforce productivity. ERP 3.0 is the new and improved system that is completely focused on empowering workforces, expediting tasks, and supporting fast decision making. ERP 3.0 has the potential to greatly impact productivity immensely.
Problems with Productivity
Productivity is measured by the amount of work produced by working hours and is key to long-term economic growth. A highly productive workforce is essential for operational efficiency, controlling costs, meeting customer demands, and maintaining margins in the increasingly competitive global market. In order to increase productivity, tasks need to be accomplished more quickly, which is not always happening with current ERP systems. Solving these productivity problems is at the forefront of every company leader’s mind. While past ERP solutions were unable to solve these issues, the new and improved ERP 3.0, could potentially take care of these productivity issues and they could become a thing of the past.
Technology is evolving with people and productivity being the driving force. ERP 3.0 has been born from need – to improve and rise to new heights in productivity. ERP 3.0 is providing tools such as self-reporting capabilities, user defined workbenches, augmented analytics that suggest solutions, predictive science, and voice-responsive personal assistant that will help people to become the best that they can be through empowering workforces, expediting tasks, and supporting fast decision making. This new system is making the user experience easier but is also focusing on the complete picture of each employee. Technology can help support informed decision making, proactive intervention, creative problem solving, and cross departmental data sharing. Due to this, entry barriers could potentially be lowered to allow people to take on more complex activities, automating processes, or even empowering them with an increase in performance! ERP 3.0 prioritizes the development of people, ensuring that potential is recognized, and skills are maximized.
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