This infographic looks at the gap between where companies want to be and where they are now in their integration of core IT systems and processes, and the cost of this gap to the business.

1. The Connected Business
Corporate myth or holy grail?
System complexity is damaging companies - driving up operational
costs, draining organisations’ resources, hampering their agility and
preventing their ability to assess new opportunities. This infographic
looks at the gap between where companies want to be and where
they are now in their integration of core IT systems and processes,
and the cost of this gap to the business.
Too much information?
Over budget & Over time
The average mid-size company has
7
4
18
Different systems
for planning,
business intelligence
months
Average time to
roll out an ERP
project in 2013
(Up from 16 months in 2012)
& finance
£
Different
systems within
Human Resources
Over 50%
of ERP
implementations
were over budget
60% of ERP
010101010211
101010110101
101110101110
110011011101
001101010101
implementations
delivered
3
Over /4 of
companies
less than half
the expected results
input data more
than once
Companies with best system integration are
X3
X4
Times more
Likely to
be doing better
financially
Times more
Likely
to be
growing
Does your organisation experience any of
the following issues?
77%
73%
72%
68%
68%
Difficulty in making changes to systems
Having to input the same data more than once
Difficulty in producing reports that require data from different systems
Conflicting data and/or reports
Need multiple sources of support
63%
61%
Too much use of made Excel
Difficulty in understanding reports from different functions
How did your organisation implement solutions?
97%
Solutions were implemented over time - not all at once
We tried to choose the best solution (in terms of functionality) for each function
We tried to keep costs low
53%
There was no over - archiving plan for the entire organisation
Functional heads work independently to select
suppliers without considering the bigger picture
87%
88%
45%
All of this suggests that mid-sized organisations are typically less effective
and efficient than they might be – a real concern in today’s challenging
business environment.
For more information on achieving a connected business and seeing more
detail on the research conducted, download the Advanced whitepaper
‘The Connected Business - Integrating the entire back office for new agility,
efficiency and profit gain’
Download the white paper
www.advancedcomputersoftware.com/abs