WBSRocks: Scaling Growth with AI, Enterprise Software, and Digital Transformation WBSP251: Grow Your Business by Understanding IFS' Capabilities, an Objective Panel Discussion and Weekly Digital Transformation News Stories
Most people think of ERP as a manufacturing or distribution solution. And if you are not a manufacturing company, they feel that ERP systems add very little value to operations and become limited to just finance. While that might be true for some companies such as professional services firms or marketing agencies, companies that are very heavy in assets and field service such as MRO, telecom equipment operators, utilities, and energy companies have different needs. These needs require a tightly integrated ERP system that can handle business processes such as call-to-collect, rentals, and service management. These companies have very different order management needs. For example, each line item could be delivered completely, while the next line item may not even kick-off fulfillment until the first one is delivered. IFS has a unique position in the market for these industries that other solutions can't match. It also has one of the best user experiences in the cloud comparable to Plex and Acumatica.
In today's episode, we invited a panel of industry experts for a live discussion on LinkedIn to discuss major stories in the ERP and digital transformation space and an objective and independent review of IFS' capabilities. We covered several grounds, including their positioning in specific micro-verticals and their deeper capabilities than other manufacturing ERP software. Finally, we discussed their product design, history, current cloud capabilities, and the challenges of working directly with the OEM.
For more information on growth strategies for SMBs using ERP and digital transformation, visit our community at wbs.rocks or elevatiq.com. To ensure that you never miss an episode of the WBS podcast, subscribe on your favorite podcasting platform.