In this episode of “Growing EBITDA,” hosts Mike McSweeney and James Bandy dive into the transformative power of ERP systems for middle-market businesses. They discuss the significant efficiency gains, revenue growth, and strategic advantages that come with upgrading or enhancing ERP systems. With a blend of professional insights and a touch of dry humor, they explore real-world examples and share practical advice for business leaders, private equity professionals, and consulting clients. Tune in to learn how to drive growth and operational efficiency in your organization.
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Highlights:
- Introduction and theme song banter
- Benefits of enhancing or changing an ERP system
- Efficiency gains and revenue lifts from ERP systems
- Trade-offs and investments required for ERP upgrades
- The TMR triangle: Time, Money, Resources
- Driving strategic growth with ERP systems
- Project depaperization: A case study
- Revenue growth through improved customer service
- Scalable growth and finding the right ERP partner
- Financial benefits and cost reductions
- Data-driven decision-making and real-time data access
- Advanced analytics and visualization tools
- Customer and supplier impact of ERP systems
- Risks of not upgrading ERP systems
- Digital transformation and future trends
