An optimal e-commerce strategy for the industry

All you need is a few clicks, Internet development has made buying any product or service easier than ever before. E-commerce is growing at a very rapid pace. And this does not only apply to the consumer segment but also B2B. According to Forrester Research, this business segment value in the USA will soon reach $1.13 trillion. Moreover, according to another report - Global B2B E-Commerce market, the value of business-to-business sales by the end of 2020 may be greater than the electronic retail outlet. Therefore, e-commerce has become a focus of the world's distributors and industry: Gaining and maintaining customers is still one of the key challenges for them.

Practice shows that organizations investing in this business area earn higher profits than competitors. That's why the sales and marketing departments are working hard to build e-commerce strategies for the coming years. However, this is not a simple task. It requires considerable resources and a lot of valuable time.  It is, therefore, better to work with experts who, using the knowledge and experience they have acquired, will accelerate the project and increase their chances of success.
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AGENCY NEWS REVIEW: CALLS FOR CREATIVITY, TACTICAL TIPS, AND A FOCUS ON THE FUTURE

A Call for Creativity

With the current climate, many are left wondering what they can do to help. To that effect, the creative agency industry has focused on what it does best with several calls to focus on creativity. The first came in a blog from 4A’s President and CEO Marla Kaplowitz. Then the UN also called for creatives to help spread the public health message to “everyone, everywhere”. And with so many teams shifting to work from home, leaders have shared some tips for how to collaborate creatively while working remotely.
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M-Files became a leader in 2019 Nucleus Research ECM Technology Value Matrix sixth year in the row!

Respondents stated that in contrast to last year's surveys, where the most important were the procurement of the GDPR and data security, this time they took into account, among others integration, automation, leading with AI/ML, and collaboration.

M-Files was appreciated i.a. for the same licensure for on-premises and cloud deployments. End-users were also satisfied because of common and automated updates, which do not need IT assistance. Moreover, system is repository – neutral. That means that it allows to have an access regardless of location, while maintaining data security, including GDPR compliance.
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Save time by automating business processes

In response to the needs of automation, Deltek presents the Business Process Automation (BPA) solution that saves both time and specific foaming by automating many previously performed manually, repetitive, daily tasks or repetitive business processes. Tasks are started according to the created schedule.

A significant plus of the solution is the fact that Maconomy BPA is directly in the application. There is no need to purchase additional modules, workflow automation software or integration with a third party.
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Business applications are changing according to the digital generation requirements

Already today, the millennials are the largest generation among all employed in the world. Next year, according to PwC's report Workforce of the future, their number will exceed half of all employees. The eldest of them are starting to enter the top management team.

The generation often referred to as digital natives, has a different approach to life, work and technology compared to its older colleagues. Although the differences between generations are generally not exceptional, in this case, from the business point of view they have quite serious consequences, due to the revolutionary changes that the dissemination of digital technologies causes -. It should not surprise anyone that many international corporations adapt their organizational culture to the specific needs of the dominant generation. If they want to attract young talents, they need to adapt to the new rules of the game. However, it may seem somewhat surprising that generational change also requires a new approach to business application design.
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Transformation journey: From paper to digital work environment

The general availability of computers, the Internet and mobile technologies has made great progress in eliminating paper from business processes but it is still very difficult to achieve full digitization of the work environment.

According to the U.S. EPA (Environmental Protection Agency) data a few years ago, US offices consume an average of 10,000 sheets of paper per year. It is worth considering whether you need such amount of paper to print your documents, and then how you organize, control and store them. By the way, it is worth adding that Xerox studies show that nearly half of the paper documents are discarded into the recycle bin within 24 hours of printing.
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ERP, the foundation of digital transformation

Business is increasingly digitized. IDC analysts predict that by 2022 60% of global GDP will be "digital". At the same time, growth in all industries will be driven by enhancing the offer, operations and relationships using digital technologies. * Manufacturing companies are trying to adapt to this trend and not to lag.   Business leaders see the fundamental growth engine and the opportunity for competitive advantage in new technologies. Cloud computing, advanced analytics and artificial intelligence, the internet of things and mobile technologies are just some of the "tools" available to transform not only individual organizations but ecosystems and the industry.

However, the experts observe that digital transformation is a serious challenge that is not always a success. One of the main causes of failure is the lack of adequate preparation. The transformation must be well planned, and to plan it, it is necessary to understand the situation of the company.
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How to assess the return on investment in an ERP solution

Maybe instead of attempting to count the ROI, it is better to analyse the effects of the implementation  and identify areas that were improved by the implementation of the ERP system and review to what extent the stated objectives have been achieved.  When considering the results of the report carried out in 2018 by Panorama Consulting you can enumerate 5 main implementation benefits indicated by ERP systems users.


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Transformation – how to make the best of it?

The boundaries between the analogue and digital world are becoming more fluid and new information and communication technologies open previously unimaginable possibilities to provide customers greater value. Digitalisation means not only new services but also new models of delivering them. However, it is not free from threats and many companies with professional services are not well prepared to challenge digital transformation. This was confirmed by Insight to Action report: The Future of the Professional Services Industry* prepared by Deltek which shows that 81% of senior managers are not ready for the risk arising from the implementation of the breakthrough technology.

So how should professional services industry be prepared for digital transformation? They have to particularly focus on foundations. The implementation of CRM and ERP integrated systems helps to generate more sales leads and facilitates better resource management. As the number of profits shrinks and their costs rise, competent, based on current information, assessment of the situation becomes crucial. The survey conducted by Deltek shows that even 58% of companies spent “hundreds of hours” on preparing the reports to provide increased performance and planning improvement. At the same time, more than half of the representatives of the companies acknowledge that these reports focus more on the past than on the future and, moreover, they are available too late - key decisions that should be relied upon them are taken previously. Therefore, there is a need to focus on sales, projects and people: when and which contracts are needed, how much will their delivery cost and whether we have the relevant resources available. 
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