Every trade transaction is now in some way or other, digital. This means the SMB community is transforming to be connected. In the digital era, everything is real-time and any (or all) manual processes are guided transactions within the trading community. The entire buying process is transforming and moving to be on-line and subsequent transactions are all part of ‘The Transaction’.
This process requires ERPs to be integral part of your digital business. And like every other part of your business, your ERP model needs to be updated as well.
The traditional ERP paradigm of integrating business processes with a set of systems and data to help manage the business has evolved into a fragmented market of suppliers with each having its own core strength. Accounting and HR software applications that specialize in their domain have extended to “ERP” feature sets rather than actually addressing the real need in the SMB community of simplification and agility at the core.
Recent data suggest that while most companies are still using on-premise ERP, cloud-based ERPs are shifting how ERP tools are accessed and constructed. Many of SMB have been disillusioned by the term ‘ERP’ and focused more on ‘what they need to be competitive and grow’ in the internet savvy market place.
How can Kloudville help?
We help take the SMBs exiting business processes and adapt them to be digitally connected with buyers, suppliers and communities of interest. Our clients core benefit is to leverage their own assets (people, processes and systems) with advanced and an economical SaaS business process engine.
The Kloudville business suite is extended to provide a comprehensive 360 customer management, business management dashboard and supporting functions to integrate with the SMB’s vertical applications like Accounting and HR. Kloudville takes a holistic and horizontal business process approach aligning the core business objective of a catalog of “goods for sale” that are in synchronization with a ‘multi-vendor inventory’ that are traded in real-time within a ‘supply chain’. Support business functions like HR and Accounting are treated as data resources and vertical applications rather than core to the primary business functions of trade. Kloudville’s suite of agile business applications are about ‘managing complexity and/to work better.’
The key functional areas of the application suite center around core business processes of the SMB; i.e Product, Sales, Operations, Service and Bill. Each core process focusses on functions to be performed within and with synergy of the other processes. Within the Products process, the SMB can create, manage and retire products from their unique catalog ie full Product Lifecycle Management. From here the product selection criteria can be set as its relates to the Sales process (buying cycle and cart management) and from there the fulfillment cycle and the Operations process and so on. The ubiquitous of each process is centered around the end-to-end life cycle of the business operations.
The benefit of this is that Kloudville removes any data and/or process duplication, and application fragmentation and thus helps the SMB manage the business with data and process integrity. This is native requirement to be digitally connected in today’s real-time competitive market.
Traditional ERP is dead (or never really happed). Long live the digital ERP paradigm where businesses of all sizes and make-up are interconnected to a world-wide-web commerce mesh (or a transactional medium of trading communities).