Prompted by volatile markets and a troubled economy, the need to reduce costs is the top business driver impacting enterprise resource planning strategies. Combine this need with the ever-increasing need for transparency at both public and privately held companies and the union of ERP with business intelligence becomes the perfect marriage, yielding improved performance and visibility.
Two recent Aberdeen Group surveys (which drew nearly 1,000 responses) show that firms enjoying "Best-in-Class" performance share several common characteristics. One very important one: 79 percent of Best-in-Class firms assign cross-functional teams for selection and implementation of ERP and extensions such as BI.
