The many challenges of on-premise JDE ERP are becoming increasingly apparent, including lengthy upgrades, intrusive integrations, risky customizations and transactional vs. reporting-ready data.
By contrast, Nucleus Research cites the growing value of cloud ERP solutions including:
- 52% lower Total Cost of Ownership (TCO)
- 4.01x greater ROI than on-premise
- 3.2x more forecasting accuracy
If you’re facing an expensive ERP upgrade, or running into larger on-prem complexities and limitations, should cloud be your next move? This eBook outlines three reasons to begin or continue the cloud journey, and includes seven questions that will help assess your company’s cloud readiness. In our experience, Oracle Cloud Applications enable the creation of strategic business value, results we’ve seen consistently through numerous CSS customer migrations.
3 Reasons to Embrace Oracle Cloud Applications Now
Consider these three reasons to modernize and embrace emerging cloud technologies, capabilities and resulting business benefits.
Reason 1: You can start small or go big when it comes to cloud applications.
The cloud journey is a unique path for every organization, and the decision to move from on-prem to cloud (or hybrid) can be triggered by a number of factors including a pending ERP upgrade, user dissatisfaction, inadequate reporting and more. Determining the right path and timing may be based on your industry, business stakeholders or functional areas/processes that are pain points in the organization.
Our advice? Implement cloud functionality in a timeframe that meets your business objectives. You can start slowly with a single business function, utilizing cloud applications to solve a specific business challenge. Eventually, phase in select processes to the cloud or move full steam ahead with end-to-end transformation of your ERP.
Begin by inventorying and documenting your current technology stack, including applications, infrastructure, customizations and data. CSS has tools for automating and accelerating this process. Second, understand your key operational areas and teams (Finance, HR, Supply Chain, Projects, Sales & Service etc.), and their roles in connection to systems and data ownership and management.
Setting Big-Picture Objectives: What Are Our Goals?
Process improvement is a typical launching point for digital transformation, where you identify gaps in performance and how you can bridge them through the cloud. Significant opportunity exists in Oracle Cloud Applications to:
- Add functional capabilities for financial planning and analysis (FP&A), transportation and logistics, enterprise planning and supply chain planning.
- Optimize key processes like AP invoice automation, procure-to-pay (P2P), project and resource planning, record-to-report (R2R), plan-toproduce.
- Replace complexity, customizations and manual processes in legacy ERP with lower TCO, accurate forecasting, improved customer experience and increased margins.
Reason 2: Cloud is imminently achievable and has demonstrated business value.
As you plan your deployment, you should begin to see clearly how the cloud will impact various environments. This is where goal-setting converts into measurable results because you’ll be able to:
• Map key requirements and opportunities for improvement to project drivers/KPIs (software footprint, resources, budgets, timing).
• Project business value based on initiative, and set quantifiable goals and metrics such as:
- Reduce or replace non-essential third-party software (costs, complexity, maintenance).
- Enable BI, analytics and real-time visibility through embedded reporting and analytics in the application layer of the platform.
- Build in best practices, standardization and improved productivity.
You’ll also need a qualified implementation partner to fully realize all of the benefits of cloud. Look for JDE and Oracle Cloud expertise, proven migration tools and methodology, and a successful track record of deployments.
CTB’s Journey: From End-of-Life to Future State
A Berkshire Hathaway owned company, CTB is a $1 billion global manufacturing business with 3000+ employees and 1,000+ distributors.
Problem: An outdated, custom JDE World system with multiple bolton integrations which is expensive to maintain, reliant on manual processes and lacks visibility into actionable data.
Path to success: Cloud assessment workshop; roadmap with quantifiable goals; comprehensive execution plan; accelerators and implementation framework that increase time to benefit and ROI.
Endgame: Oracle with partner CSS drives transition from JDE onpremise to streamlined, end-to-end Oracle ERP, HCM, EPM and SCM Cloud.