What is the ERP market in Sweden like today? And what kind of business systems are Swedish companies actually buying? What are the important parameters, and what functions are no longer top of the requirement list? These seven trends provide a good benchmark as you move towards a new business system.
Cloud ERP – a rule, not a trend
Ninety-five per cent of all business system implementations on the Scandinavian market are cloud-based solutions. The numbers speak for themselves: the cloud mindset is here to stay. So cloud ERP no longer belongs on a trend list, which is exactly why we’ve included it here.
Subscriber business systems – yes please!
Companies today are choosing SaaS solutions, paying a monthly fee for the service rather than a huge one-off cost. This has afforded more companies a better ERP solution, and particularly small and medium-sized companies.
Standard goes a long way – it’s all about the core system
Choosing cloud-based goes hand in hand with investing in a standard solution. And there’s a clear trend here: companies are investing in business systems with a clear core, like SAP S/4HANA Cloud. It is flexible and scalable, with the potential to improve via add-ons, rather than making large-scale system changes that put the brakes on your operation..
The right partner is more important than ever
Since companies are choosing scalable, flexible core systems, sector- and operation-specific add-ons like applications, integrations and reports are often needed. These add-ons come via partners (consultancy firms), which means finding the right partner is just as important as finding the right business system – a partner that understands not only the technology, but also your business!
Small steps to business value
When Swedish companies implement a new business system today, the focus is on short, compact integrations and swift start-up in small stages – rather than a long, drawn-out process involving everything, all at once. There are huge benefits with this approach: for instance you have time to get to know the system as you go along, and can adapt your processes accordingly. In the world of SAP this is called Activate, and it’s an approach that we at Stretch Evolve use when implementing S/4HANA.
SaaS solutions demand active administration
SaaS solutions provide you with a constantly updated system. In the long run this will mean fewer system changes, but it also requires more active administration – understanding updates and the value they can create in your organisation. Trends show that learning organisations succeed best, places where proactive operations development lives in symbiosis with the business system.
Futureproof – key when companies procure ERP
Companies are no longer looking for an ERP system with the best functionality. They’re looking for a system that’s futureproof. This is a clear trend: international business systems are taking market share in Scandinavia, while old, niche business systems are being phased out. SAP S/4HANA Cloud is one of the systems now breaking ground in Sweden.
Stretch Evolve boosts your business capabilities through the S/4HANA Cloud business system. And we can safely say that SAP, alongside us as a SAP Gold partner, is a strong trend-setter on the Swedish and global ERP market – something we have been since the 1970s, and the future has only just begun.
Do you want to be an early adopter of future trends?