Remove Budget Remove Resources Remove Systems Review
article thumbnail

7 signs it’s time to modernize your IT systems

CIO

The bad news, however, is that IT system modernization requires significant financial and time investments. On the other hand, there are also many cases of enterprises hanging onto obsolete systems that have long-since exceeded their original ROI. Kar advises taking a measured approach to system modernization.

article thumbnail

What is ERP? Enterprise resource planning systems explained

CIO

Enterprise resource planning (ERP) is a system of integrated software applications that manages day-to-day business processes and operations across finance, human resources, procurement, distribution, supply chain, and other functions. ERP systems improve enterprise operations in a number of ways. ERP definition.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

5 hot IT budget investments — and 2 going cold

CIO

The numbers are higher from Foundry’s 2023 State of CIO survey , which finds that 91% of CIOs expect their tech budgets to either increase or stay the same in 2023. This applies to his IT group as well, specifically, in using AI to automate the review of customer contracts, Nardecchia says.

Budget 218
article thumbnail

DTN’s CTO on combining IT systems after a merger

CIO

Over the years, DTN has bought up several niche data service providers, each with its own IT systems — an environment that challenged DTN IT’s ability to innovate. “We Very little innovation was happening because most of the energy was going towards having those five systems run in parallel.”. The merger playbook.

article thumbnail

Accord, which offers a platform to manage sales processes, secures $10M

TechCrunch

Compounded with that fact, there is no system to reinforce a consistent, repeatable sales process, even if you have the ideal sales journey all figured out.” “Recent economic challenges have led to a tightening of budgets, mass layoffs and a focus on efficiency.

article thumbnail

3 recruiting metrics that can help startups make more data-driven hiring decisions

TechCrunch

Navigating the current economic storm, startup founders have to focus on the key resource for their early-stage startup to survive and grow — the people. According to Harvard Business Review , the price of a bad hire is 30–50% of their salary, which can hit startup budgets hard in 2023. Second, tally up all expenses.

article thumbnail

With fresh capital, Symend aims to build a better debt collection system

TechCrunch

For example, they can configure Symend to create payment plans and limited-time payment discounts for certain segments of customers, or they can have the platform connect at-risk customers with financial planning tools, resources and credit rehabilitation programs.