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- August 14th, 2024
August 14th, 2024
Alex Lazich
August 14, 2024
Alex’s Note
It was great to attend the Mexico - Silicon Valley Forum hosted at Plug and Play this week. Great discussion on the growth of manufacturing in Mexico. If you’re interested in other similar events let me know, I’ll be attending several over the next few months.
Onto the ERP news.
Headlines & Trends
Sage has expanded its AI-driven AP Automation globally through Sage Intacct, helping businesses streamline financial workflows and save significant costs. Additionally, the release introduces various enhancements, including AI-assisted time entry, automated expense submissions, and new compliance features for different regions, all aimed at improving operational efficiency and security.
Interesting Articles
Col. Melvin Mitchell, the newly appointed project manager for the Army's Enterprise Business Systems – Convergence (EBS-C), sees vast potential in modernizing and unifying the Army's logistics, finance, and data systems into a single enterprise resource planning platform. Mitchell emphasizes that this transformation will drive innovation, growth, and operational efficiency across the Army, reflecting his vision of turning challenges into opportunities
Industry Movement
Stripe has introduced a no-code adaptive pricing tool for businesses worldwide, enabling them to automatically adjust pricing based on various factors such as market demand and customer behavior. This new feature aims to simplify pricing strategies, allowing businesses to optimize revenue without needing complex code or technical expertise.
Thought Pieces
A fluff video, but an interesting one that profiles the rise of Odoo over the last 2 decades. An interesting dive into the history of one of the newer ERPs on the market and how it compares to legacy players.
The manufacturing industry faces significant risks from outdated SAP ERP systems, particularly as support for older versions like SAP ECC will end in 2027. A slight fluff piece that touches on some of the legacy issues in ERP for manufacturers.
If you have any comments or feedback, just respond to this email! Thanks for reading,
-Alex