Organisations that have survived the past three years have done so by cutting operational costs to the bone, explains Nolan Business Solutions chief executive Tim Nolan.
But as it becomes clear that business is now operating in a new economic world, not just surviving a short term downturn, it is essential to accept that business practices are changing fast.
Wholesale replacement of core technologies is still not an option. So how can companies implement new business practices and improve operations within the existing technology framework? By making the most of (and in some instances customising) existing systems organisations can achieve better control over purchasing, implement customer facing web applications and transform payment and credit control processes.