WBSRocks: Business Growth with ERP and Digital Transformation Sam Gupta

Organizations engage in a multitude of projects, each with its own unique attributes—whether they are internal or external, short or long-term, billable or cost-centric. These projects also differ across industries, with specific scheduling and reporting requirements. Construction projects, for instance, exhibit significant differences from software development initiatives. While both fall within the realm of project management, they demand distinct processes and specialized capabilities from...

ERPs have historically overlooked the requirements of IT teams. However, it's important to acknowledge that industries heavily reliant on ERPs may possess smaller IT teams. On the contrary, in other sectors, particularly those without extensive inventories, IT teams could essentially constitute the entire operations team.Just as IT industries have faced neglect, other crucial teams like security or legal ops have also been overlooked. Furthermore, the needs of field services and asset managem...

Non-profit entities encounter unique ERP challenges that set them apart from inventory-focused businesses. Their varied structures, encompassing intricate elements like membership categories, grants, and complex workflows, differ widely across sectors. For example, educational and healthcare non-profits may require distinct processes compared to city governments. Associations and membership communities also exhibit disparities when compared to foundations and elderly care organizations.In thi...

Consulting companies generated trillions of dollars by orchestrating the movement of data and crafting ETL codes. This was essential to safeguard the operational systems from the potential impact of analytical workloads on performance. Operational systems handled transactional heavy lifting, while analytical workloads focused on study and decision science. Snowflake revolutionized this landscape by introducing technology that eliminated the need to copy data for analytical purposes. This not ...

Cloud ERP systems vary widely, ranging from those concealing outdated backends as cloud-based solutions to more extreme cases that utilize on-premises code bases in data centers, merely claiming a 'web link' qualifies as the cloud. To unravel this complexity, it's essential to comprehend the diverse layers and factors that constitute the cloud, considering both technical and financial aspects. In simpler terms, envision it as leasing versus owning. Yet, akin to leasing, various cloud business...

Mom-and-pop businesses have a mindset that if they are able to manage the books, then they are good. But to build a scalable business, you need to implement the FP&A process sooner rather than later. The FP&A process can help with the forward-looking statements and planning the cash flow. It might also help identify the red flags from the perspective of an investor, whether you want to raise capital, acquire a leveraged company, or sell the company.In today's episode, our guest, Chris...