What We Are Reading
What is EDI in ERP? Standing for Electronic Data Interchange, it's a standardized method of exchanging electronic business documents from one computer to another.
The failure of RBS (The Royal Bank of Scotland) resulted in a service disruption that left 6.5 million customers unable to access their accounts. What events led up to this failure?
What is change management gamification and is it the missing link to user adoption? We discuss the key facts you need to know here.
In scaling the cash-flow side of SaaS, there’s almost nothing more powerful than annual contracts combined with prepaid cash. It’s just such a huge benefit. You get all the cash up-front, and your churn almost by definition goes down. Because the earliest chance the customer has to churn is 12 months hence.
Use Triangulation Forecasts For Improved Forecast Accuracy and Better Conversations - Enterprise Irregulars
Ever been in this meeting? CEO: What’s the forecast? CRO: Same as before, $3,400K. Director 1: How do you feel about it? CRO: Good. Director 2: Where will we really land? CRO: $3,400K. That’s why that’s the forecast. Director 1: But best case, where do we land? CRO: Best case, $3,800K. Director 2: How do you define best case? CRO: If the stars align. Encouraging your CRO to think probabilistically about the forecast is a big ask. This series will introduce three concepts that help ensure that we have better conversations about the forecast and ultimately forecast better as a result.
What will technology in local government look like this year? Will local governments continue to move to the cloud and embrace modern ERP systems?