ERP is constantly evolving, and it can be hard to keep up with the latest trends.
To stay ahead of the competition, you must ensure your business uses the latest ERP software.
We’ve compiled a list of the 35 top ERP trends for 2023, so you can ensure your business is ahead of the curve.
What are the current ERP trends in ERP systems?
- Increased focus on digital transformation – Enterprises are looking to resource planning systems to provide a foundation for digital transformation initiatives.
- Improved user experience – A significant focus for many enterprise resource planning vendors is improving their products’ user experience.
- More mobile-friendly solutions – Many enterprise resource planning solutions are designed for mobile users.
- Greater integration with other enterprise applications – As enterprises look to get more value from their resource planning systems. Vendors increase integration between these solutions and other enterprise applications.
- More flexible deployment options – Enterprise resource planning vendors are offering a greater variety of deployment options to meet the needs of different organizations.
- Improved analytics and reporting capabilities – Analytics and reporting features are becoming increasingly crucial in resource planning systems. Hence it has become one of the ERP trends.
- Enhanced security features – As enterprise resource planning systems become more critical to business operations, vendors pay greater attention to security.
- Support for Industry 4.0 initiatives – Many enterprise resource planning solutions are designed with Industry 4.0 in mind.
- Improved project management capabilities -Project management features are becoming more critical in resource planning systems.
- Increased focus on customer experience – Several enterprise resource planning vendors are placing a greater emphasis on customer experience.
- More social and collaborative features – Social and collaborative features are being added to many resource planning solutions.
- Greater emphasis on sustainability – Sustainability is becoming a more important consideration for enterprise resource planning vendors.
- Enhanced supply chain management capabilities – Supply chain management features are becoming more crucial in resource planning systems and have become one of the ERP Trends.
- Improved asset management capabilities -Asset management features are becoming more critical in resource planning systems.
- More flexible pricing models – Enterprise resource planning vendors are offering more flexible pricing models to meet the needs of different organizations.
- Greater focus on cloud-based solutions – Many enterprise resource planning solutions are being delivered as cloud-based services.
- More user-friendly interface – Enterprise resource planning vendors are placing a greater emphasis on making their products more user-friendly.
- Increased focus on data governance is increasingly important for enterprise resource planning vendors. This is one of the critical ERP trends.
- Greater support for big data applications – Many enterprise resource planning solutions are now designed to support big data applications.
- Improved compliance management capabilities -Compliance management features are becoming more important in resource planning systems.
- More comprehensive security features – As enterprise resource planning systems become more critical to business operations, vendors pay greater attention to security.
- Greater focus on mobile solutions – Many enterprise resource planning solutions are being designed with mobile users in mind.
- Better integration with social media tools – Social media integration is becoming an important feature of many enterprise resource planning solutions.
- Improved support for agile methodology – Agile methodology is being adopted by many organizations, and enterprise resource planning vendors are responding with solutions that better support this approach.
- Greater focus on user experience – Several enterprise resource planning vendors are placing a greater emphasis on user experience.
- Enhanced workflow management capabilities – Workflow management features are becoming more important in resource planning systems.
- More comprehensive reporting capabilities – Reporting features are becoming more important in enterprise resource planning solutions.
- Greater cloud computing support is becoming an increasingly important consideration for enterprise resource planning vendors.
- Improved integration with other business applications – ERP solutions is designed to work more seamlessly with other business applications.
- Greater focus on customer experience – Enterprise resource planning vendors are placing a greater emphasis on customer experience.
- More robust security features – As enterprise resource planning systems become more critical to business operations, vendors pay greater attention to security.
- More significant support for international operations – Many enterprise resource planning solutions now offer better support for global operations.
- Blockchain technology integration – Several enterprise resource planning vendors are exploring the potential for integrating blockchain technology into their solutions.
- Enhanced integration with business intelligence tools – Vendors increase integration between these solutions and business intelligence tools as enterprise resource planning systems become more data-driven.
- Artificial intelligence integration -More focus on artificial intelligence is being touted as the next big thing in enterprise resource planning. Many vendors are already incorporating this technology into their solutions.
Conclusion
Enterprise resource planning (ERP) is a critical business function, and over the next few years, we can expect to see several significant changes in this area. In this post, we’ve highlighted some of the most important trends impacting ERP in 2023.
These include: support for big data applications, improved compliance management capabilities, better integration with social media tools, and enhanced workflow management capabilities. In addition, as ERP systems become more complex, businesses need to keep up with the latest ERP trends to maintain a competitive edge.
