Digital Business Transformations
DIY: Perpetual Transformation (digitize it yourself)
Ketch Partners’ uses the credo, DIY: Perpetual Transformation (digitize it yourself) to quickly point out that unless a company is operationally engaged in change, transformations become static and no more useful today within months after building a new system. We encourage continuous collaboration during the project and the leadership of each essential business function that drives your business and the relationships with your clients, suppliers, and employees.
Static vs. Dynamic Transformations
Companies thought moving to a new ERP would transform them to meet technology goals, competitive challenges and to advance company initiatives. For example, a company kicked off a project: an ERP that was installed in 2010 and scarcely ever improved another process nor created any new business models until they upgraded again in 2019. This is a one-time transformation attempt that is typical of most companies. It is static and stuck with technology, process, thought and experiences formed in 2010.
A dynamic transformation requires open system architecture that allows companies to be supported by secure and proven business applications that have the ability to access stock and custom applications that can extend business capabilities. This is how you stay operational fit and in compliance, while you apply your company initiatives in applications. Although the key is that transformations are highly dependent on company insiders and continuous production of business concepts and practical ideas that the business can deploy as their companies and the market demands. This means that whether or not transformational processes and models are built-in with the new ERP, further and continuous build will go on as an operational process by company insiders rather than outside consultants.
Essential Eco-System
IFRS 2021! Do you have 20:21 vision?
The current date for compliance of USA businesses to meet IFRS reporting standards (International Financial Reporting Standards) is January 1, 2021. SAP S/4HANA application with Ketch Partners can upgrade your ERP to an IFRS ready system within the constrained timeframe.
Digital Disrupters
Are your ecosystem and ERP prepared to swiftly handle the forthcoming digital disrupters?