Enterprise software like ERP (enterprise resource planning) and EAM (asset management) are critical systems for corporations, however, many companies are reluctant to upgrade aging software, arguing that a change could compromise efficiency. The truth is, old or overly-modified software systems present serious risks, both to security and to a business's bottom line. Older systems, once customized or modified extensively, are a real problem to upgrade - even to the next version of the same package. So inevitably, you keep slapping lipstick on the pig until one day you realize the Frankenstein your system has become is a serious competitive risk.
One of the many reasons I love to evangelize SyteLine ERP is because it stores customizations as metadata that will carry forward when upgrading to new versions. You get the latest and greatest without having to chase a monster through the streets with fire. Enterprises that don't keep current versions of their software risk much, including adherence to ever-changing regulations, compliance laws and dare I say - the threat of more efficient competition.
If your company is one of the unfortunate victims of FrankenSoftware, start an evaluation cycle this year to see what's out there to bring you into this brave new world and ensure a future-proof platform. ROI can happen extremely fast. In addition to ERP & EAM, we have some very disruptive new technologies enhancing sales-enablement that can launch manufacturers and enterprises light-years ahead of their competition.
Don't think of your enterprise software as a necessary evil - think of it as an opportunity to make your business better than your competition. Keeping old software alive that is only "better than the spreadsheets we used to have" is not a sound strategy.