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Replace your legacy ERP with a fit-for-purpose true Cloud solution

from  September 6, 2023 | 4 min read

The use of technology in professional services organizations has become increasingly important as businesses compete to stay ahead of the curve. One of the biggest challenges that organizations face is the burden of legacy systems, particularly Enterprise Resource Planning (ERP) systems. Unfortunately, these legacy systems have proven to hinder organizational resilience, making it difficult for businesses to remain competitive. 

Fortunately, Cloud-based solutions allow organizations to overcome the challenges posed by legacy systems, enabling them to stay agile and innovative in their approach to business. Cloud-based solutions provide a seamless people experience, allowing organizations to better manage their resources and maximize their potential. In this blog, we will explore how outdated IT systems prevent companies from staying competitive and what a move to the Cloud can do to boost organizational resilience. 

The impact of outdated legacy IT systems 

Legacy systems refer to outdated or obsolete software and hardware that are still in use by organizations. These systems often lack modern features, are difficult to maintain and integrate with newer technologies, and can pose significant challenges to organizations in various ways. Legacy systems can't keep up with business growth, lack support, are expensive to maintain, and pose security risks due to outdated security features. They also block collaboration and productivity as they are often incompatible with newer technologies. Outdated IT systems can hinder resilience and limit a company's ability to leverage emerging solutions. Without modern technology solutions, companies may fall behind competitors and struggle to stay relevant.

How Cloud-based solutions address the limitations of legacy systems

Cloud-based solutions offer scalability, which is essential for organizations to handle increased workloads and accommodate growth. This makes them a competitive choice for professional service organizations. They offer accessibility and mobility, enabling remote work and seamless collaboration. This level of convenience boosts productivity and efficiency, providing organizations with a competitive advantage. Cloud solutions also have better security and protect sensitive data with encryption, backups, and protocols. Legacy systems lack these measures and can put client data at risk. Legacy IT systems hinder business operations, while Cloud-based technologies offer flexibility, scalability, and security. Cloud solutions reduce costs while enabling remote work, disaster recovery, and rapid response to market changes. Moving to the Cloud is an investment in long-term success and can keep businesses ahead of the competition. 

Click to read How Cloud ERP can change your organization for the better gated

Unit4 ERPx and Industry Mesh: A single Cloud solution

One of the major advantages of using Unit4's Cloud-based solutions is the availability of Unit4 ERPx and Industry Mesh, two powerful platforms that work seamlessly together to provide a single Cloud solution. 

Unit4 ERPx is a modern, Cloud-native enterprise resource planning (ERP) system designed to streamline core business processes. It offers a highly configurable, modular design that enables organizations to customize the system to their specific needs. ERPx supports multiple languages and currencies, making it an ideal solution for global companies.

Unit4 has 40+ years’ experience working with mid-size people-centric organizations with the latest innovations in Cloud technology - developing an ERP solution that integrates finance, HR, and project functions seamlessly on our market-leading, adaptive platform. This smart integration enables your business to focus on three key areas and transform the way your people work:

  • Productivity – Providing the right tools to do more with less.
  • Velocity – Doing things fast, but with purpose - running a tight business.
  • Resilience – Resilient to change, disruption, and advancing technologies.

Industry Mesh, on the other hand, is a Cloud-based ecosystem that connects businesses with their customers, suppliers, and partners. It provides access to a wide range of pre-built applications and integrations, enabling organizations to easily extend the functionality of their ERP system. Industry Mesh also facilitates collaboration between different businesses and industry communities.

By combining Unit4 ERPx and Industry Mesh, organizations can benefit from a single Cloud solution that covers all their business needs. They can manage core business processes, such as finance, human resources, and procurement, using ERPx, while leveraging Industry Mesh to collaborate with external stakeholders and access additional applications and services.

Unit4's single Cloud solution approach reduces complexity and ensures data consistency across all business functions, eliminating the need for costly and time-consuming integrations between different systems. Moreover, the flexibility and modular design of Unit4 ERPx makes it easy for organizations to adapt to changing business needs and scale up or down as required.

The power of low and no-code modular design

Unit4's Cloud-based solution offers low and no-code modular design, giving organizations complete control over their solutions without needing developers. With a user-friendly interface, companies can quickly adapt to changing business needs and customize modules without coding skills. This approach provides flexibility in scalability, maintenance, and updates, allowing for faster innovation in a competitive environment.

Flexible licensing plans to match evolving market needs

Unit4 offers flexible licensing plans that can adapt to changing market needs. This allows for scalability and reduces unnecessary software and hardware costs. Streamlined budgeting also helps businesses plan and invest in growth projects with confidence.

Unit4 Roadmap: Staying ahead of the curve

Unit4 understands that the business world is constantly evolving and is committed to staying ahead of the curve. Their roadmap is designed to anticipate market needs and ensure their Cloud-based solutions are always at the forefront of innovation.

Unit4's agile development principles and commitment to innovation ensure their solutions are always aligned with business needs. They continuously introduce new features and functionalities, future-proofing their Cloud-based solutions. Flexible licensing plans provide greater control and cost-effectiveness. Businesses can trust Unit4 to deliver a seamless people experience.

Unit4's deep knowledge of the professional services industry

Unit4 is a company with over 40 years of experience in delivering Cloud-based enterprise solutions and specializing in providing services for the professional services industry. Their deep understanding of this industry has allowed them to create Cloud-based solutions that are tailored to the unique needs of these organizations. 

The professional services industry is a highly competitive space where time, talent, and resources are critical to success. Unit4's solutions are designed to streamline operations and allow organizations to focus on their core business. With a comprehensive suite of tools, Unit4 enables professional services firms to manage every aspect of their business, from financial management to project management and resource allocation.

Unit4 understands that the professional services industry is constantly evolving. That's why they are committed to delivering scalable and flexible Cloud-based solutions to match any organization's unique needs. Their deep understanding of the industry also means they can anticipate emerging trends and stay ahead of the curve, ensuring their clients are always up-to-date with the latest best practices and technology.

You can check out our suite of solutions here.

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