When 1+1=3
Enterprise Resource Planning + Business Process Management = Business Intelligence
A volatile market and a troubled economy are accelerating the need for small to medium-sized companies to contain and reduce costs. As a company reaches the tipping point in its growth, its effort to reduce costs and sustain or increase revenue and profits becomes contingent on its ability to maintain the level of visibility management enjoyed when it was a smaller organization. This challenge is exacerbated by growth, which adds complexity to the business. Systems that once supported the smaller organization begin to fail at an increasing rate, a phenomenon often described as ‘imploding under their own weight.’ Even a fast-growing company can easily go out of business if its revenues are increasing at a healthy rate but its infrastructure cannot keep up.