Podcast: How RPA Can Pay for your ERP

Listen to the first in a series of how RPA synergies with ERP, when done correctly, can save you enough to actually pay for your ERP. Who wants free ERP?? You get free ERP! And you get free ERP! And you get free ERP!

Transcript

Speaker 1:

Welcome to the Tech Pro Unicorn Podcast, brought to you by RPI Consultants. A Podcast about the magic of digital transformation through technology, each week we’ll cover topics related to ERP, RPA, Business Transformation, Leadership, Healthcare and Unicorns.

Speaker 2:

Hey, there, welcome back to another episode of Tech Pro Unicorn. Today, and this week actually, we are going to be talking a lot about RPA and ERP. And you might ask, well, Unicorn why are we focused on this? You keep talking about RPA and now you want to confuse me even more with ERP. I really want to talk about applications. And my desire to have you think about applications more holistically.

Speaker 2:

So helicopter up with me for a minute, and look at applications as a landscape. And you have trees, you have shrubs, and you have grass, and you have all these things along your path. Those things really are application, kind of a road or a path, if you will, or a landscape or a portfolio. They’re gatherings of things in your garden. When you think about those applications, you have to think about their usefulness and their costs to the organization.

Speaker 2:

Now, many of us have gathered these things over time. They’ve either been legacy because they’ve been there for a while, or perhaps they, where something that we put in because we’re meeting a specific business need. But in most cases, they’ve evolved over a period of 15 to 20 years and maybe we’ve done some upgrades into maintenance or some pruning, but what we really haven’t done is to really think about, what’s in our garden? What’s in our portfolio. From a holistic perspective.

Speaker 2:

And then what’s available now from a modern cloud application capability. And then really re-evaluate all of those things, right. Group them together, and comparing contrast them to some of the more modern technologies like an ERP for back office. Now why do I keep harping on ERP? And why do I keep harping on RPA? Because that’s where the money is.

Speaker 2:

10 years ago, the money was in a ERP, putting it in, and then you could get all this supply chain benefit. And you could improve the efficiency of your supply chain. And that was going to pay for your ERP. Today I want to give you free ERP, the ERP of your choice, I don’t care. Pick Oracle, pick Workday, pick Infor CloudSuite. I want that to be free to you. And how is it going to be free? RPA is going to make it free.

Speaker 2:

What I really mean by that is to just put in a new ERP, doesn’t automatically get rid of all your current application cost. It doesn’t make all your legacy apps just go away. It doesn’t get rid of all the people that are still required to do all the transactions that go into your ERP. But if you do RPA correctly, and if you think about your application landscape correctly. You can indeed make sense out of this, reduce your costs significantly.

Speaker 2:

Without sacrificing a lot of your functionality. So let’s talk about that. Because that’s often the argument, when you say, Michael, yeah, I’m going to go to this new ERP, but it can’t do budgeting like my other budgeting software can. Well, you’re attached to that because you’re probably the person that brought it into the organization. But reality says it probably can. It can probably get you to 70% to 80% of your functionality.

Speaker 2:

And I questioned that extra 20% whether you need it or not, because let’s go back to our previous podcast. The differentiator for you to compete in the marketplace with your customers, regardless of your business. But let’s say healthcare is not going to be in your budgeting or in your ERP. That is not where the differentiators are coming in. That is not where it we’re going to have a huge difference.

Speaker 2:

How you provide services and how you treat your customers is a differentiator. What ERP software you use on the backend is not, so continuing that thought process a little bit. If I can get you 80% of the way there, it’s strong business reason to then convert that functionality to your standard European. So you go in, you consolidate into your ERP. Now you’re starting to reduce licensing costs. And not only that you’re reducing your application portfolio, which reduces your maintenance costs, which is mostly a human element.

Speaker 2:

And you’re reducing your integration costs. Now you’re not having to create all these interfaces and having to deal with those. So there’s when you’re starting to start paying for that ERP. Right. Okay. Michael, so say I do that. Does that get me all the way now? Absolutely, won’t get you all the way there, but what will get you there is then going, okay.

Speaker 2:

How many of these processes in your ERP