Welcome back -

Services for Organizations

Using our research, best practices and expertise, we help you understand how to optimize your business processes using applications, information and technology. We provide advisory, education, and assessment services to rapidly identify and prioritize areas for improvement and perform vendor selection

Consulting & Strategy Sessions

Ventana On Demand

    Services for Investment Firms

    We provide guidance using our market research and expertise to significantly improve your marketing, sales and product efforts. We offer a portfolio of advisory, research, thought leadership and digital education services to help optimize market strategy, planning and execution.

    Consulting & Strategy Sessions

    Ventana On Demand

      Services for Technology Vendors

      We provide guidance using our market research and expertise to significantly improve your marketing, sales and product efforts. We offer a portfolio of advisory, research, thought leadership and digital education services to help optimize market strategy, planning and execution.

      Analyst Relations

      Demand Generation

      Product Marketing

      Market Coverage

      Request a Briefing

        Press Releases

        << Back to Press Releases Index

        Ventana Research Presents Next-Generation Enterprise Resource Planning Research

        Research uncovers the strengths and weaknesses of current and future ERP systems

        Ventana Research today published its latest benchmark research, Next-Generation Enterprise Resource Planning. The enterprise resource planning (ERP) system is a pillar of nearly every company’s record-keeping and management of business processes. It is essential to the smooth functioning of a business’s accounting and finance functions. In manufacturing and distribution, ERP also can manage inventory and logistics. Some companies use it to handle human resources functions like tracking employees, payroll, and related costs. VentanaResearch_NextGenERP_BenchmarkResearch-1.jpgThus, ERP systems are inherently complex. A small majority (54%) said that their system is easy enough to work with but probably could be improved. This response suggests stoicism in “making do” with what one has as well as hope for something better.

        As part of our analysis, we compared the new benchmark research with the results of a study conducted in 2006. Naturally, we find changes, but some reflect the slow development of this software category. For example, only one in five (19%) participants in this research said that their primary ERP system works very well, somewhat more than the 12 percent who said that a decade ago. Just 19 percent said working with it is as easy as one could expect, essentially unchanged from the 20 percent recorded 10 years ago.

        Further analysis finds some significant functions in which current ERP systems fall short. Automating processes from end to end, for example, can ensure data quality, speed transactions that result in payments or discounts and enable people to work on other tasks who otherwise would be tied up. Yet the majority of organizations don’t use ERP to facilitate automation of such processes: Only 30 percent fully automate their order-to-cash cycle in some or all of the company, and just 23 percent fully automate the procure-to-pay cycle through their ERP system.

        "Our research found that companies are more positive about the ability of their ERP system to improve their performance," remarked Robert Kugel, Senior Vice President and Research Director at Ventana Research. "Compared to a decade ago, many more of them say that it has enhanced their internal controls, improved their operational efficiency and raised their employees' productivity. Yet many challenges remain. For example, only one in five said that their ERP system works very well or said working with it is as easy as one could expect."

        "We conducted this research because after more than a decade of steady developments, ERP systems have begun to change fundamentally, facilitated by the growing availability of new technologies including cloud computing, database design, collaboration, mobility, analytics, and planning, which together have the potential to address shortcomings and the most common complaints in today’s systems.”

        Those interested in learning more about this benchmark research can download the executive summary at www.ventanaresearch.com/benchmarks/next-generation-erp/executive-summary. This research was sponsored by FinancialForce and Syspro. Ventana Research, a leading business technology research and advisory services firm, provides qualified research participants with an incentive and complementary report, which includes both key insights and best practices from the benchmark research. Those interested in learning how to apply this benchmark in their business can see a full listing of services available at www.ventanaresearch.com/services. Ventana Research advisory clients have premium access to insights and education on benchmark research.

        About Ventana Research

        Ventana Research is the most authoritative and respected benchmark business technology research and advisory services firm. We provide insight and expert guidance on mainstream and disruptive technologies through a unique set of research-based offerings including benchmark research and technology evaluation assessments, education workshops and our research and advisory services, Ventana On-Demand. Our unparalleled understanding of the role of technology in optimizing business processes and performance and our best practices guidance are rooted in our rigorous research-based benchmarking of people, processes, information and technology across business and IT functions in every industry. This benchmark research plus our market coverage and in-depth knowledge of hundreds of technology providers means we can deliver education and expertise to our clients to increase the value they derive from technology investments while reducing time, cost and risk.

        Ventana Research provides the most comprehensive analyst and research coverage in the industry; business and IT professionals worldwide are members of our community and benefit from Ventana Research's insights, as do highly regarded media and association partners around the globe. Our views and analyses are distributed daily through blogs and social media channels including Twitter, Facebook and LinkedIn. To learn how Ventana Research advances the maturity of organizations’ use of information and technology through benchmark research, education and advisory services, visit www.ventanaresearch.com.

        Media: Interviews are available upon request.

        Tweet this:  News: @VentanaResearch Releases Next-Generation Enterprise Resource Planning Research http://bit.ly/2lUmXst #ERP #CFO #IT

        Media Contact:

        Ventana Research

        Ventana Research

        Ventana Research, now part of Information Services Group, provides authoritative market research and coverage on the business and IT aspects of the software industry. We distribute research and insights daily through the Ventana Research community, and provide a portfolio of consulting, advisory, research and education services for enterprises, software and service providers, and investment firms. Sign up for free community membership to receive email notifications on research and insights.

        Subscribe to Ventana Research Press Release Notifications


        Press Releases by Month

        see all

        Press Releases by Topic

        see all

        Press Releases Archive

        See All