Giacomo Lee, Author at ERP Today https://erp.today/author/giacomo-lee/ The #1 media platform for ERP and enterprise technology Fri, 23 May 2025 15:22:08 +0000 en-GB hourly 1 https://wordpress.org/?v=6.8.1 https://erp.today/wp-content/uploads/2021/02/cropped-cropped-cropped-Logo_Black-1-32x32.png Giacomo Lee, Author at ERP Today https://erp.today/author/giacomo-lee/ 32 32 Workday turns 20. What now for the HCM giant? https://erp.today/workday-turns-20-what-now-for-the-hcm-giant/ Fri, 23 May 2025 15:16:47 +0000 https://erp.today/?p=130526 At Workday Elevate London, celebrating its 20th anniversary, the company focused on the future of agentic AI solutions, introducing new tools aimed at enhancing financial and human resources management, while positioning itself as a leader in the evolving landscape of enterprise resource planning.

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This week Workday Elevate rolled up in London, Workday’s premier annual UK event for partners, clients and more. This year the theme for the HCM and finance specialist is one close to home: its 20th anniversary as a company , with many happy returns from ERP Today. But with talk of AI and more at Workday Elevate London 2025, the company is clearly looking forward instead of resting on its laurels with a nostalgic view of the past.

The big keynote topic was expanding on this week’s announcement of a batch of new Illuminate Agents, Workday’s term for its agentic AI solutions, and the theme it wishes to push for its next 20 years as a business. These new tools include agents designed for Contingent Sourcing, Contract Intelligence & Negotiation, Document-Driven Accounting, Self-Service and Supplier Contracts. The contract agents in particular got a little extra ‘bump’ on stage from the presence of Jerry Ting, Founder/CEO of Evisort and VP at Workday.

This is because Evisort is a leading AI-native document intelligence platform which Workday acquired last fall as a potential SAP Ariba slayer on the Contract Lifecycle Management (CLM) front. As of March, Evisort’s tools became available through Workday Contract Intelligence and Workday CLM, and as of this month, Ting is now the Workday VP in charge of all things agentic AI across the Workday organization.

“Agents is the next generation of workers,” Ting declared on stage at the O2 InterContinental London venue, very much convinced that by 2045 Workday will be the ERP tool you use to manage both human and artificial employees. This was a view echoed by Daniel Pell, VP and UKI Country Leader on stage as part of his keynote, and later in a private panel at Workday Elevate London.

Talking to ERP Today, Pell stressed the difference between generative AI and agentic AI, saying that while both have a place in organizations, the agent edge comes from the “immediate reactions” possible with agents.

“[An agent] starts to understand what’s important,” he explained. “Say you’re creating a job description for a very senior executive […] it’s going to keep it confidential and it knows that because of the parameter.”

But with some potential businesses still unsure what agents exactly are as they continue to get their heads around the very notion of AI from a beginner POV, it begs the question of where agents fit into the concept of AI copilots, standalone products that remain available on the GenAI market from some vendors.

Workday Elevate and AI

Last fall, president & chief product officer of Workday rival SAP SuccessFactors, Dan Beck, told ERP Today that you won’t see SAP or its flagship HCM product “marketing a host of different AI agents”, pointing out that AI agents are by nature simply a day-to-day element of what defines an AI copilot.

At the same panel, Prasun Shah, Global CTO & AI Lead, Workforce Consulting for PwC, admitted that some clients using copilots are confused, asking “I’ve got [Microsoft] Copilot – isn’t that agentic?”

“There’s a good and a bad about what Copilot has done. It’s created the buzz around generative AI […] But the big difference between generative AI and agentic is that [the latter] is actually doing work for you inside the enterprise model.”

With one client, Shah cleared the confusion by discussing the ‘pyramid’ of human workers in their company, with those at the bottom level having a lower level of skills but developing their way ‘higher’ through the pyramid.

“The model in future will be interacting with a pyramid of agents […] As you move up the value chain of agents, you have agents with specialisms […] and some higher-order agents I loosely call the ‘headless Hydras’ who are managing a network of agents [which] they’ll orchestrate to run a particular job.”

‘Headless Hydras’ will be managing a network of agents in the pyramid

This goes back to Jerry Ting’s prediction for both the future of Workday and the workforce, especially as IT and HR functions merge ever closer on the business front. It also underlines that in the Workday view, GenAI and copilots are human-led, offering portals for ad hoc creation and app journeys using AI technology. Agentic AI meanwhile is not centered around the spontaneous or the start-up of a system, as it is instead more task-led. The difference in comparison to SAP is that companies like Workday and Salesforce are announcing each new agent on its own terms, rather than as facets of a batch update. Each one gets its moment in the spotlight  – and, handily, helps to highlight a new feature of the expanding Workday family as with the Evisort example from earlier.

At the same panel ERP Today was a Salesforce SVP, in a good reminder of the partnership between WDAY and SFDC. With Salesforce on its side, Workforce has the power to integrate its HCM/financial nature with the huge swathes of CRM data that comes with Salesforce’s formidable market strength.

It’s a canny move that will help Workday and its AI evolve ever further over the next few decades. In addition, the vendor would be wise to consider two other considerations for a fruitful and continued existence. Firstly, concentrating further on the SME sector with its recently announced Workday Go offering. Details have been limited regarding the offering, and at Workday Elevate London it was represented by a quick slide and little else.

Secondly, the HCM side of things was positioned stronger than the financial one in this year’s Elevate keynote. And yet, the most intriguing part of a presentation from AI VP Kathy Pham was a display of Workday’s AI-driven prowess in keeping up with all the latest tariff turbulence, a bread-and-butter-meets-AI financial tool that is vital to businesses now and likely to be for the next 20 years should the world become more turbulent.

This is how Workday should elevate next.

What this means for ERP Insiders

Agentic AI and Strategic Vision: At Workday Elevate London 2025, Workday emphasized its 20th anniversary by outlining its forward-looking strategy centered on agentic AI. The unveiling of new Illuminate Agents — including solutions for contingent sourcing, contract negotiation, and document-driven accounting — signals Workday’s ambition to redefine enterprise automation.

Differentiating Agentic AI from Generative AI: At Elevate, executives from Workday, PwC, and Salesforce drew a clear line between generative AI and agentic AI. The latter focuses on autonomous, context-aware task execution within enterprise systems, positioned by Workday as core functional assets. The vendor highlighted a future where human and artificial, agentic employees are managed within the same ERP framework.

Growth Levers and Market Positioning: Workday continues to invest in its SME footprint with the so-far under-publicized Workday Go and is enhancing its financial tools, such as tariff management capabilities, to match the strength of its HCM offerings. The company’s strategic alliance with Salesforce also boosts its ability to connect HCM and finance functions with CRM data, strengthening its appeal across broader business ecosystems as it looks to scale over the next two decades.

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Unsung Signavio: Business process kingmaker? https://erp.today/unsung-signavio-business-process-kingmaker/ Wed, 21 May 2025 16:20:52 +0000 https://erp.today/?p=130461 Celonis is suing SAP for alleged antitrust violations related to data access, asserting that SAP's practices favor its own business process product, Signavio, amidst a shifting landscape where companies vie for dominance in process mining and data control.

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March of this year saw the news that process mining vendor Celonis is suing SAP, accusing the ERP giant of claiming unfair business practices over third-party access to data in favor of SAP’s own business process product, SAP Signavio. In response, SAP this month filed a motion to dismiss the claims in U.S. federal court, the company arguing Celonis is attempting to use antitrust laws to gain an unfair advantage in the market.

There’s a lot to unpack here. First, let’s get the obvious out of the way and point out how times have changed between the two German enterprises. Founded in 2011, Celonis began as a spin-off from the Technical University of Munich, the brainchild of Alex Rinke, Bastian Nominacher and Martin Klenk. By 2012, Celonis joined the SAP Startup Focus program. Come 2015, Celonis became the first company from the program to sign a global reseller agreement with SAP, with the former’s process mining tools integrated into SAP environments. According to an archived webpage from the Celonis website, the relationship resulted in over 220 joint implementations across more than 30 countries, including high-profile customers such as 3M, Airbus, and Coca-Cola. On its own, Celonis boasts a prestigious client base, becoming the go-to name in process mining for the likes of PepsiCo, Lufthansa, Jaguar Land Rover, IKEA/Ingka and more.

The shift in affairs arguably occurred in 2021 when SAP acquired Signavio, a Berlin-based business process modeling (BPM) company. The enterprise shares a similar university incubator backstory with Celonis, but with Signavio designed for end users to collaboratively model and redesign processes. The added twist came later when Signavio Process Intelligence was added to the suite, a tool which analyzes logs to uncover process behavior. But with the offering more of a complementary addition, we have to track SAP Signavio’s developments in the last year or so to understand how it may have become a business process kingmaker of sorts between SAP and other vendors in the market.

The Evolution of SAP Signavio

Since SAP’s 2021 acquisition, news on SAP Signavio’s developments in the SAP suite had been somewhat understated. This isn’t remarkable in itself  –  one can make a comparison now in the developments of LeanIX and WalkMe, more recent additions to the SAP stable which require integration at the right pace. But perhaps the key difference is LeanIX and WalkMe have had the spotlight remain on them, with recent announcements such as those of SAP SuccessFactors/WalkMe integration, and LeanIX winning various awards last year, alongside availability through the UK Government G-Cloud.

SAP Signavio news had been a little muted post-acquisition, especially when comparing LeanIX and WalkMe’s first years as parts of the SAP family. But the irony perhaps is that SAP Signavio’s slow and steady development has led to a little disharmony in Germany  –  and, more significantly, put an emphasis on the AI-fueled dominion of data currently being pursued by vendors.

The changing market positioning and customer base for SAP Signavio are two such examples. Its recent availability on platforms like AWS Marketplace no doubt augmented Signavio’s visibility and market reach, while the enhanced accessibility and functionality enabled by AI-driven updates aims for a broader customer base, with the potential to encroach on markets traditionally served by competitors. That said, Celonis arguably stands stronger on the AI front since the release of its AgentC agentic AI tools in 2024, to the extent that when thinking of AI in process management, you’re perhaps more likely to picture Celonis than its rivals. Celonis also boasts EMS with AI at its core, using machine learning in its analysis engine (e.g. to cluster variants, predict delays) and in its Action Engine for recommendations.

Going back to the SAP corporate family, we can just take one look at LeanIX’s role with regards to Signavio’s broadening reach, in which AI is not a paramount factor. By combining LeanIX and Signavio, SAP aims to give organizations an all-encompassing view into their processes alongside their IT landscape, the latter courtesy of LeanIX.

“The synergy between process transparency – enabled by SAP Signavio – and application landscape visibility – powered by SAP LeanIX – offers organizations a clear, end-to-end path from strategy to execution,” according to Johannes Strasser, Global SAP Signavio lead for Westernacher Consulting (pictured). He tells ERP Today that for SAP-centric customers, this can translate into faster insights, stronger alignment between business and IT, and reduced dependence on fragmented third-party tools.

“While some customers still leverage third-party process mining tools for specific use cases, we’re increasingly seeing a shift toward consolidation within the SAP ecosystem for holistic, end-to-end transformation.”

The LeanIX compatibility further bolsters the status of one of Signavio’s tools in SAP Signavio Process Transformation Suite. While originally built around process modeling, the years since the SAP buyout has seen the suite expand to include a process intelligence tool for mining and visualizing real process flows, collaborative BPMN-based design management, a customer experience journey modeler, and process insights for real-time SAP S/4HANA analysis with benchmarks. As a quick comparison, Celonis Process Management also supports BPMN 2.0 (with extended BPMN e.g. requirements, risks, RASCI, auto-layout, etc.) alongside a “Customer Journey” object in its process repository.

According to Strasser, Signavio’s developments reflect how companies today are facing increasingly complex challenges and rapid change across all areas.

“We’re no longer talking about static process models where polished diagrams are seen as mere hygiene factors,” he tells ERP Today. “Instead, it’s about gaining fact-based insights into the actual performance of business processes – insights that support decision-making, enable scenario simulation, and drive effective change even in uncertain times. SAP Signavio is now deeply invested in end-to-end business transformation management, offering capabilities that support holistic process excellence [and at] Westernacher, we’re seeing strong interest in [the solution].”

In Strasser’s view, this interest is often driven by goals such as operational excellence (OPEX), SAP S/4HANA migration, supply chain optimization, or process integration in the context of mergers and acquisitions. But still, Celonis remains arguably hard to beat when it comes to the nitty gritty, such as handling very large event logs and complex object relations, thanks to its object-centric process mining abilities and a proprietary PQL that is well-regarded for custom analyses. Celonis claims 15+ million automations run daily via its engine, and as a whole Celonis is generally viewed as more mature for end‑to‑end automation orchestration, drilling down into end-to-end cost, quality and sustainability metrics.

It’s also worth remembering that another plus point in Celonis’ favor comes without the SAP “baggage”, designed as it is with a modular approach and available with a Free Plan for the not-necessarily SAP-beholden mid-market to trial.

The Data Question

With what SAP is offering on the table, the Celonis lawsuit can be summed up in its claim that customers are being pushed towards SAP Signavio by what it deems to be anti-competitive behavior. For example, limited APIs or obfuscated data structures that, in the Celonis view, may make it difficult for SAP’s competitors to operate effectively, especially in the cloud.

Celonis itself stands strong as ever in the market; recently it has gained Magic Quadrant plaudits in process mining, while its partnership with Microsoft has expanded to include its platform as a workload in the analytics platform of Microsoft Fabric, bringing Celonis ever closer into the lucrative Teams sphere.

But what’s really at the heart of the SAP/Celonis dispute is more AI than the underlying base of process management. More specifically it’s about data control, with regards to who can access business process data inside SAP systems, under what terms, and with what technical and commercial freedoms. As AI becomes increasingly central to enterprise strategy, the ability to access and act on operational data is now a competitive differentiator. The outcome of the lawsuit could help define whether AI innovation in the enterprise remains open and plural or consolidates around a few data gatekeepers.

What this means for ERP Insiders

Celonis vs. SAP: Antitrust Allegations and Ecosystem Tensions. Celonis has filed a lawsuit against SAP, accusing the ERP giant of leveraging unfair practices to promote its own business process platform, SAP Signavio, at the expense of third-party tools. The dispute centers on claims that SAP restricts data access through limited APIs and complex data structures, making it harder for external process mining vendors to operate within SAP environments. The outcome of this case could reshape competitive dynamics in the BPM and process mining space, particularly around data accessibility.

SAP Signavio’s Strategic Growth and Integration. Since acquiring Signavio in 2021, SAP has methodically built it into a comprehensive process transformation suite. Combined with LeanIX, SAP now offers customers a unified view of their business and IT landscapes, and recent advancements have strengthened Signavio’s role in end-to-end digital transformation, positioning it as a central pillar within SAP’s broader enterprise solutions ecosystem.

The Battle for AI-Driven Process Control and Data Ownership. At the heart of the Celonis-SAP conflict is a broader question of who controls access to enterprise data, an increasingly vital asset in AI-powered process optimization. With both companies doubling down on AI and automation, the ability to harness clean, real-time operational data is a key strategic advantage. Celonis continues to grow through alliances like its deepening partnership with Microsoft, while SAP is consolidating its own ecosystem around Signavio and LeanIX. The resolution of this legal battle could determine whether the future of AI in business process management remains open and competitive or shifts toward a model dominated by integrated platform providers.

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AWS: Familiar AI Skills story with SAP Databricks twist https://erp.today/aws-familiar-ai-skills-story-with-sap-databricks-twist/ Thu, 01 May 2025 13:02:11 +0000 https://erp.today/?p=129945 At the AWS London Summit, AWS announced a program to upskill 100,000 individuals in AI over five years, while also launching SAP Databricks on its platform, which enhances data accessibility and AI capabilities for SAP users, marking a significant step towards integrating advanced analytics and AI in enterprise resource planning.

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At its yearly London Summit this week, AWS boasted the launch of a program to upskill 100,000 people in AI within the next five years. This was the headline news, typical of big-name summits like these  – but the event also saw SAP Databricks become generally available on Amazon Web Services for those end users already deep into AI in their ERP.

As a co-event with the AWS London Partner Summit, it’s obvious who the target audience is. This is the hyperscaler’s chance to set out its stall for integrators, customers, and more in the ecosystem. But that audience isn’t necessarily interested in the main keynote announcements, which  –  as with most vendors  – seem to be a play for the broader tech headline segment and, increasingly, a promise of an economic boost to the host country.

ERP Today has heard Microsoft, Salesforce, and others talk about upskilling the UK nation. Salesforce promised billions of dollars in AI investment at one summit; more recently, Redmond declared an intention to machine-augment the British public sector. These announcements come with commissioned survey results that conveniently back up these bold initiatives, and AWS was no different on Wednesday, revealing that one UK business is adopting AI “every minute” , apparently.

ERP Today isn’t playing the cynic here; our job, after all, is to find out what’s truly relevant to the ERP landscape. And while it came AI-coded, it’s no surprise to see the real story of value coming from the SAP side.

SAP Databricks on AWS

As announced on Wednesday, SAP Databricks is now generally available on AWS. For the unfamiliar, SAP Databricks is a native integration of Databricks’ Data Intelligence Platform within SAP’s Business Data Cloud. Launched in February, the offering stems from a strategic partnership between SAP and the cloud-based Databricks platform, which is designed to help organizations build, scale, and manage data and AI solutions.

With SAP Databricks on AWS, the ERP giant says users will benefit from end-to-end AI and machine learning, plus a trusted data foundation that “governs and protects data and AI assets.” This is made possible, SAP says, by simpler access to all data, using zero-copy Delta Sharing and blending with third-party data and a pro-code environment. Users are promised they’ll be able to write Spark scripts, run SQL analysis, and create machine learning models in “any” notebook.

This is where the real meat on the bone is for the customer base  –  not entry-level newbies getting a little hand-holding with GenAI chatbots. Instead, this is the base made up of SAP users on AWS, organizations already using AWS and Databricks, and data teams in SAP environments.

Potentially, these end users can take advantage of smoother access to Databricks’ AI and ML tools directly within the SAP ecosystem. This reduces the need to move data between systems, accelerates time-to-value for AI projects, and ensures unified governance and compliance across both SAP and non-SAP data.

The AWS–SAP Databricks integration also has the potential to support end-to-end AI and machine learning workflows, enabling users to ingest, process, train, and deploy models all within their AWS environment. Databricks offers capabilities like Delta Lake for high-performance data lakes, MLflow for model management, and development environments that support Spark, SQL, Python, R, or Scala. It also offers Delta Sharing, which allows zero-copy access to SAP data  – the advantage of which is reduced data duplication and latency while maintaining security, since data can be accessed and analyzed in place without being moved.

On the pro-code side  -  and it feels refreshing to not be tying low- and no-code for once  –  data scientists and engineers can have the flexibility to write custom Spark scripts, perform advanced SQL analysis, and build machine learning models using the tools they’re familiar with. The SAP Databricks integration should make it easier to blend SAP ERP data with external or third-party data sources, which enhances the quality and depth of AI models. That’s really the end goal with AI deployment: more sophisticated, scalable, and secure AI solutions that are more accessible within the SAP landscape, without removing SAP as the core system of record.

SAP, AWS, and the Overall Market

So while we can overlook the 100,000-headline figures and delve brick-by-brick into the low-key Databricks news, we may be getting ahead of ourselves and missing the bigger picture view from the AWS London Summit 2025.

For SAP, the Databricks move sees the giant embrace more open data ecosystems and modern data platforms, allowing customers to break down traditional data silos and extend the value of their ERP data through advanced analytics and machine learning. SAP is becoming more of an intelligent enterprise operations enabler rather than the traditional and transactional system of record of yore. It’s more decisive in supporting AI- and data-first architectures by working closely with hyperscalers and leading data platforms, rather than relying solely on its own proprietary stack.

For Amazon Web Services, the hyperscaler becomes more the preferred cloud partner for large enterprise workloads. While SAP also has partnerships with Microsoft Azure and Google Cloud, the general availability of SAP Databricks on AWS gives Seattle’s shining light a competitive edge by offering native integration with a leading AI and data platform  -Databricks  –  one that’s become ever more gilded since the evolution of its SAP partnership this year.

Overall, this represents a maturing cloud ERP market where value is increasingly defined not just by hosting or migrating legacy systems to the cloud, but by enabling intelligent automation, predictive capabilities, and scalable innovation. Smart vendors know that they can’t A) wave AI about like a magic wand, and B) expect the status quo to remain. The two scenarios are not compatible in any fashion.

Today’s enterprises want to extract deeper value through AI, and they can’t afford to be beholden to the usual platforms simply for historical and convenience’s sake  –  especially with an AI-led future needing a new wave of workers needing to be skilled in AI so it can grapple with cutting-edge analytics platforms and cloud systems.

What This Means for ERP Insiders

Beyond the Headlines, SAP Databricks on AWS Brings Real Value. While the headline-grabbing announcement at the AWS Summit centered on a bold pledge to upskill 100,000 people in AI, the more impactful development for enterprises working within SAP environments came from the quieter rollout of SAP Databricks on AWS. This native integration embeds Databricks’ Data Intelligence Platform within SAP’s Business Data Cloud, allowing organizations to execute full-spectrum AI and machine learning workflows – from data ingestion through model deployment – entirely within AWS.

Deeper Integration for Current AWS and Databricks Stakeholders. For organizations already operating on AWS and leveraging Databricks, this integration represents a major operational lift. It enables seamless blending of SAP ERP data with external sources, unlocking more comprehensive analytics while minimizing the need to move or replicate data. This setup not only streamlines data governance and compliance but also provides the scalability and performance needed to support production-grade AI use cases, pushing ERP analytics into a new era of relevance and speed.

Strategic Alignment Signals a Changing ERP Landscape. SAP’s partnership with Databricks on AWS it reflects a strategic realignment toward open, intelligent data ecosystems. By deepening its collaboration with leading hyperscalers, SAP is moving beyond its legacy as a closed, transactional platform to become a key enabler of AI-first enterprise architectures. AWS, in turn, positions itself as the cloud partner of choice for enterprise-grade AI in ERP, gaining an edge over competitors in Azure and Google Cloud.

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The End of Oracle GRC: Are You Ready? https://erp.today/the-end-of-oracle-grc-are-you-ready-2/ Fri, 14 Mar 2025 13:15:31 +0000 https://erp.today/?p=129020 With Oracle sunsetting its GRC solutions by May 2025, organizations must swiftly transition.

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For many ERP Insiders, Oracle Governance, Risk, and Compliance (GRC) solutions have been instrumental in helping organizations manage risk, enforce access controls, and maintain regulatory compliance. However, as Big Red officially sunsets its GRC suite by May 2025, businesses relying on these tools face a critical challenge: What comes next?

With Oracle ceasing active development and only offering Sustaining Support, organizations must act now to mitigate compliance risks and transition to alternative solutions. The end of Oracle GRC impacts multiple business functions, from finance and audit to IT security and enterprise risk management. If your company hasn’t begun planning for this shift, you may soon find yourself exposed to compliance gaps, operational inefficiencies, and security vulnerabilities.

Who is Affected by the End of Oracle GRC?

The discontinuation of Oracle GRC will have widespread consequences across key business functions, particularly those responsible for governance, risk management, compliance, finance, and IT security. As such, organizations must be prepared for a fundamental shift in how they manage these critical areas.

Governance, Risk, and Compliance (GRC) professionals will be among the most directly affected by Oracle GRC’s sunset. These individuals rely heavily on the platform to enforce regulatory policies, automate risk detection, and manage internal controls. GRC managers and analysts will therefore need to evaluate alternative platforms to ensure continuity in risk monitoring and policy enforcement.

Internal auditors, who depend on Oracle GRC’s automated tracking and reporting capabilities, will also have to reassess their audit workflows and find new tools that allow them to maintain efficiency and transparency in compliance reporting.

Compliance officers will also be impacted, as they will need to redefine their regulatory frameworks, ensuring that their organizations continue to meet industry and legal standards despite the absence of Oracle GRC’s built-in compliance tools.

IT and security teams will face significant challenges as well. Chief Information Security Officers (CISOs) and security analysts must implement new security frameworks and policies to maintain the same level of access control and governance that Oracle GRC provided. Without a clear transition plan, organizations risk introducing security vulnerabilities and compliance gaps. ERP administrators, who oversee security configurations and user access rules, will play a crucial role in ensuring that alternative solutions are seamlessly integrated into existing enterprise systems. These teams must work swiftly to migrate identity and access management policies to a new platform, ensuring that critical security controls remain intact and business operations are not disrupted.

Financial and accounting leadership will also experience major disruptions. Chief Financial Officers (CFOs) and financial controllers have depended on Oracle GRC to oversee financial governance, fraud detection, and compliance with ever-evolving financial regulations. Without it, they must identify and implement new solutions that offer similar capabilities to prevent financial misstatements and ensure compliance. Meanwhile, accounts payable and receivable managers will need to integrate new fraud detection and transaction monitoring solutions to maintain visibility and control over financial transactions. Failing to do so could expose organizations to financial fraud risks and regulatory penalties.

Oracle ERP and technology consultants will be instrumental in guiding businesses through this transition. As companies evaluate their next steps, ERP consultants and solution architects will need to identify the best alternatives to Oracle GRC, ensuring that any new solution integrates seamlessly with existing Oracle ERP systems. In particular, technology advisors should be tasked with assessing third-party risk management platforms, determining which options best align with an organization’s unique compliance needs, and assisting in the technical implementation of new governance tools.

The discontinuation of Oracle GRC will have far-reaching effects

What Are Your Options?

With Oracle GRC being phased out, businesses must explore alternative solutions. While Oracle recommends transitioning to Oracle Risk Management Cloud, this solution does not fully replicate all functionalities of the legacy GRC suite—particularly Oracle Preventive Controls Governor (PCG). As a result, companies must carefully evaluate their options to maintain strong compliance and security frameworks.

  1. Transition to Oracle Risk Management Cloud

Oracle’s cloud-based Risk Management Cloud offers some access control and risk monitoring capabilities, particularly in areas such as audit management and transaction monitoring. However, it lacks certain key functionalities that Oracle GRC users may be accustomed to, particularly in preventive control enforcement. Organizations considering this route should conduct a detailed gap analysis to determine whether the Oracle Risk Management Cloud meets all their governance needs or if additional solutions are required.

  1. Consider Third-Party GRC Solutions

Many enterprises may find that third-party GRC platforms provide a more comprehensive alternative to Oracle GRC. Several industry-leading solutions offer robust compliance, risk, and security management capabilities, including:

  • SAP GRC solutions – A strong alternative for organizations that already operate within the SAP ecosystem. With tools such as SAP Risk Management and SAP Business Integrity, the ERP giant provides comprehensive risk, compliance, and audit management functionalities.
  • Microsoft Purview Compliance Manager – An ideal option for organizations heavily invested in the Microsoft ecosystem, offering compliance tracking, data governance, and risk assessment.
  • IBM OpenPages – A robust enterprise risk and compliance management platform that integrates AI-driven insights for governance and regulatory reporting.
  • ServiceNow GRC solutions – ServiceNow’s platform includes cloud-based risk and compliance management solutions that offer automation, workflow integration, and real-time monitoring to support enterprise-wide governance frameworks.

Each of these solutions offers different features and capabilities, so organizations should conduct thorough evaluations to determine which best fits their needs.

  1. Evaluate Custom & Hybrid Approaches

Some organizations may opt for a custom or hybrid approach to governance and compliance management. This might involve integrating multiple tools to achieve the same functionality that Oracle GRC provided or developing in-house risk management frameworks tailored to specific business needs. While this approach offers greater flexibility, it also requires a strong commitment to ongoing maintenance and development.

A successful transition from Oracle GRC requires careful planning and execution

Steps to Prepare for the Transition

To ensure a seamless transition away from Oracle GRC, organizations should take a structured approach:

  • Conduct an Impact Assessment – Identify the specific GRC modules in use and assess the risks associated with their discontinuation.
  • Evaluate Alternative Solutions – Compare Oracle Risk Management Cloud with third-party platforms and determine the best fit for your business needs.
  • Develop a Transition Roadmap – Establish clear timelines, allocate resources, and define key milestones for migrating to a new GRC solution.
  • Engage ERP & Compliance Experts – Work with consultants, compliance specialists, and ERP advisors to facilitate a smooth transition.
  • Communicate with Stakeholders – Keep all affected teams informed about the changes, and provide training to ensure smooth adoption of new tools and processes.

The Time to Act is Now

The retirement of Oracle GRC is more than just an IT concern — it is a business-critical issue that impacts compliance, security, and financial oversight. Organizations that fail to prepare adequately risk exposing themselves to regulatory violations, fraud, and operational inefficiencies. The window to make a proactive transition is closing quickly, and delaying action could lead to costly disruptions.

Businesses must take immediate steps to assess their options, implement alternative solutions, and ensure they remain compliant in a post-Oracle GRC landscape. Whether adopting Oracle Risk Management Cloud, migrating to third-party platforms, or implementing custom solutions, success will depend on proactive planning and a well-executed transition strategy.

Is your organization ready for the end of Oracle GRC? If not, the time to prepare is now.

What this means for ERP Insiders

Act Now to Ensure Continuity: The discontinuation of Oracle GRC will have far-reaching effects across governance, risk management, IT security, and finance functions. Organizations must act quickly to identify alternative solutions that ensure ongoing compliance, security, and efficient operational processes. The risk of falling behind in adapting to new systems could lead to vulnerabilities, regulatory gaps, and inefficiencies, all of which could expose businesses to significant risks. The time to prepare for this transition is now to safeguard critical business functions.

Assess and Implement New Solutions: Organizations must thoroughly evaluate both Oracle Risk Management Cloud and third-party GRC platforms to identify the best alternative that meets their specific needs. It’s crucial to conduct a detailed gap analysis to ensure the selected platform covers all necessary functions such as risk monitoring, audit automation, and compliance enforcement. Whether transitioning to an Oracle-based solution or adopting a third-party tool, the chosen platform must integrate seamlessly with existing enterprise systems to prevent disruptions in governance and security practices.

Plan and Execute a Transition Strategy: A successful transition from Oracle GRC requires careful planning and execution. Businesses should develop a comprehensive roadmap that outlines clear timelines, resource allocation, and key milestones. Engaging ERP consultants, compliance experts, and other relevant stakeholders will be crucial in ensuring the transition is executed smoothly. Communication is key throughout this process—teams across the organization must be informed about the changes, receive appropriate training, and be supported in adapting to new tools and processes to maintain business continuity.

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de Novo Solutions steels cybersecurity for Oracle, ServiceNow ecosystem https://erp.today/de-novo-solutions-steels-cybersecurity-for-oracle-servicenow-ecosystem/ Thu, 30 Jan 2025 10:47:57 +0000 https://erp.today/?p=128544 de Novo Solutions has successfully achieved re-accreditation of the Cyber Essentials Plus certification, underscoring its commitment to robust cybersecurity and data protection across its operations in the Finance, Procurement, HR, and Payroll sectors amidst rising cyber threats.

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British transformation consultancy de Novo Solutions has announced its successful re-accreditation of the Cyber Essentials Plus certification.  The UK government-backed accreditation highlights the company’s continuing commitment to data protection and robust cybersecurity practices in the Finance, Procurement, HR, and Payroll space.

Cyber Essentials is a UK government-backed scheme designed to help businesses protect themselves from the most common cyber threats, requiring a hands-on technical audit, ensuring that certified organisations meet the highest level of cybersecurity readiness.

With threats like phishing, ransomware, and data breaches on the rise, de Novo’s achievement of the Cyber Essentials Plus certification helps demonstrate the company’s proactive approach to safeguarding client data and delivering resilient digital solutions, as centered around Oracle Cloud and ServiceNow platforms. de Novo reports the following benefits from the news:

  • Confidence in Threat Recognition — de Novo’s team is fully trained to identify and respond to cyber threats effectively, ensuring clients’ data remains protected
  • Enhanced System Security — With multi-factor authentication (MFA) deployed across systems, supported by internal security processes and procedures, clients benefit from a fortified defence against unauthorised access
  • Reliable Data Backup — Regularly tested and securely stored backups provide assurance of operational continuity in any scenario
  • Compliance Excellence — Meeting rigorous industry standards highlights de Novo’s commitment to excellence and accountability in data protection

Ian Carline, Chief Technology and Data Protection Officer of de Novo Solutions, said, “Our achievement of successfully recertifying Cyber Essentials Plus, alongside our recent attainment of ISO 27001, highlights our unwavering commitment to data security and operational excellence. These milestones reaffirm our dedication to safeguarding our clients’ data and fortifying the security measures embedded across our operations. As we continue to enhance our cybersecurity protocols, our clients can be confident in our ability to protect their data and support business continuity in an increasingly complex digital world.”

Caroline Moloney, Head of Technical Services and CISO of de Novo Solutions, added, “Recertifying Cyber Essentials Plus through external audit continues to demonstrate our ongoing commitment to maintaining a high security posture for both our employees and customers alike. de Novo takes our responsibilities extremely seriously as we go to great lengths to embed practical security working practices into the DNA of the organisation’s daily working practices”.

What this means for ERP Insiders

Transforming Day-to-Day Operations for GRC and IT Professionals: For VPs, Directors, Managers, Coordinators, and Specialists in GRC, IT, and cybersecurity, de Novo Solutions’ re-accreditation of Cyber Essentials Plus certification signals a shift toward more proactive and integrated cybersecurity practices. This achievement means that professionals in these roles can expect enhanced tools and processes to streamline threat detection, response, and compliance management. For example, de Novo’s deployment of multi-factor authentication (MFA) and regular data backups ensures that teams spend less time mitigating breaches and more time focusing on strategic initiatives. This aligns with the growing demand for solutions that reduce manual effort while improving security posture, particularly in finance, procurement, HR, and payroll sectors. End-users can anticipate a more seamless integration of cybersecurity into daily workflows, enabling them to meet compliance requirements with greater efficiency and confidence.

Market Context and Competitive Landscape: The cybersecurity market is experiencing rapid growth, driven by increasing cyber threats and regulatory pressures. The global cybersecurity market is projected to reach $300 billion by 2026, with a compound annual growth rate (CAGR) of 10%+. de Novo’s Cyber Essentials Plus certification positions it as a leader in this competitive space, alongside vendors like Palo Alto Networks, CrowdStrike, and IBM, which offer similar compliance and threat management solutions. However, de Novo’s focus on Oracle Cloud and ServiceNow platforms gives it a unique edge in serving finance, HR, and procurement sectors. For end-users evaluating providers, key criteria should include adherence to industry standards (e.g., ISO 27001, Cyber Essentials), proven ROI metrics, and seamless integration with existing ERP systems like SAP. For instance, a mid-sized financial services firm leveraging de Novo’s solutions reported a 30% reduction in incident response times and a 20% improvement in compliance audit outcomes, demonstrating tangible benefits.

Overcoming Adoption Challenges and Best Practices for Integration: Adopting advanced cybersecurity technologies often comes with challenges, such as resistance to change, integration complexities, and resource constraints. de Novo’s success in achieving Cyber Essentials Plus certification highlights best practices for overcoming these hurdles. For example, a public sector organization using de Novo’s solutions integrated MFA and automated threat detection into its SAP ERP system, resulting in a 40% reduction in unauthorized access attempts. Key best practices include conducting thorough risk assessments, leveraging vendor expertise for seamless ERP integration, and fostering a culture of cybersecurity awareness. Additionally, de Novo’s approach to regularly testing data backups and embedding security into daily operations provides a roadmap for organizations looking to enhance their cybersecurity posture. By addressing these challenges head-on, companies can achieve operational resilience and long-term compliance success.

 

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Deltek deepens AI in GRC for GovCon professionals https://erp.today/deltek-deepens-ai-in-grc-for-govcon-professionals/ Wed, 29 Jan 2025 18:17:58 +0000 https://erp.today/?p=128537 Deltek has unveiled AI-enhancements and a new user experience called Deltek Harmony for the GovCon GRC space, introducing features like Ask Dela for streamlined workflows, AI-driven resource management, and Smart Summaries for generating concise project insights, aimed at improving operational efficiency for government contractors.

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Deltek, leading global provider of software and solutions for project-based businesses, recently announced AI-enhancements for the government contractor (GovCon) GRC space, including augmented timesheet and PSA capabilities.

As explored in ERP Today’s interview with Deltek C-suite, the company made its name in the USA’s GovCon space and very much rules the roost in market intelligence and contract management for federal government contractors. The company’s annual Deltek ProjectCon event saw the reveal of new AI-fueled capabilities for government contractors – alongside architecture and engineering and professional services – as centered around its Dela offering.

Since its launch in early 2024, Dela is Deltek’s vehicle for AI-driven capabilities to enable users to generate content, inform decisions, and prescribe and automate actions. The offering also includes Ask Dela, a digital assistant, as updated this year with the following capabilities for various personas, such as government contractors:

  • To meet GovCon users within the tools they’re already using, the Costpoint MS Teams app provides access to information from Ask Dela within Deltek’s ERP for government contractors, Costpoint. This allows government contractors to access project data, ask questions, submit and approve timesheets and generate reports – without navigating away from messages – to automate tasks and streamline workflows.
  • AI-driven resource management capabilities from Dela help Costpoint customers track resource availability and utilization, preventing cost overruns and ensuring compliance. Existing integrations with Replicon offer solutions to government contractors who need to comply with global labor regulations or complex labor union rules, no matter which ERP they’re using.
  • Smart Summaries, which leverage generative AI to deliver executive briefings of companies’ historical performance and key insights, have expanded to GovWin IQ’s Company Profiles.
  • Smart Summaries within Deltek Vantagepoint enable end users in professional services and architecture and engineering to leverage generative AI to pull concise project summaries and distil the essence of complex project datasets into digestible insights for review.
  • Deltek Specpoint users meanwhile can leverage the power of Ask Dela to accelerate research and get intelligent insights to help make the specification process quicker and easier. They can also chat with the AIA MasterSpec library, supporting documents, and Specpoint Help.

Deltek also introduced Replicon time and PSA capabilities to the government contracting industry in 2024. AI-driven resource management capabilities from Dela can help Costpoint customers track resource availability and utilization, preventing cost overruns and ensuring compliance. Existing integrations with time tracking tool Replicon aim to offer solutions to government contractors who need to comply with global labor regulations or complex labor union rules, no matter which ERP they’re using.

What this means for ERP Insiders

Evolving Compliance Demands in Government Contracting: The government contracting (GovCon) space is increasingly defined by stringent compliance requirements, particularly around labor regulations, union rules, and federal contracting standards. Organizations are under pressure to streamline compliance processes while minimizing manual effort and errors. Deltek’s AI-driven solutions address these challenges by integrating advanced automation and real-time monitoring capabilities into existing workflows. These tools can enable contractors to maintain compliance with global labor standards, track resource utilization, and generate accurate reports—all while reducing administrative overhead. For GRC leaders, this reflects a broader industry shift toward leveraging technology to meet complex regulatory demands efficiently and effectively. Also, as shown in recent Wellesley Information Services research release The CIO’s Transformation Report Card, automation (e.g. AI) and standardization of business processes is the top transformation project (52%) for CIOs today.

Proactive Risk Management in Resource-Intensive Environments: Government contractors often operate in high-stakes, resource-intensive environments where cost overruns and resource misallocation can lead to significant financial and reputational risks. The industry is increasingly focused on proactive risk mitigation through better visibility and control over resource allocation. Deltek’s solutions align with this theme by offering AI-powered tools that provide real-time insights into resource availability and utilization. These capabilities help organizations anticipate potential risks, optimize resource allocation, and ensure compliance with contractual and regulatory obligations. For GRC professionals, this represents a critical step toward building more resilient and agile operations in the face of evolving risks.

Data-Driven Decision-Making for Strategic Advantage: In the GovCon and GRC spaces, the ability to transform complex data into actionable insights is becoming a key differentiator. Organizations are seeking tools that can distil vast amounts of project and performance data into concise, strategic insights to support decision-making. Deltek’s generative AI capabilities reflect this trend by offering advanced summarization and research tools that enable users to quickly extract key insights from complex datasets. These solutions empower GRC Insiders to move beyond reactive compliance and risk management, instead leveraging data to identify trends, uncover opportunities, and make informed strategic decisions. This aligns with the broader industry shift toward data-driven governance and risk management in an increasingly competitive and regulated marketplace.

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How Wolters Kluwer leverages AI for transforming GRC Solutions https://erp.today/how-wolters-kluwer-leverages-ai-for-transforming-grc-solutions/ Mon, 27 Jan 2025 11:56:35 +0000 https://erp.today/?p=128497 Wolters Kluwer is integrating AI across its products to enhance Governance, Risk, and Compliance capabilities, with innovations like AI-driven legal research, contract management tools, and compliance solutions that streamline processes, boost productivity, and empower informed decision-making for professionals in various industries.

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While Governance, Risk, and Compliance (GRC) is often seen as a stuffy and complex space, its constantly demanding nature is one that is prompting AI innovation in the ERP space. Take Wolters Kluwer, which is progressively integrating Artificial Intelligence across its range of products to enhance GRC capabilities, reflecting the information services leader’s growing commitment to innovation. From legal research platforms to banking compliance tools, Wolters Kluwer’s AI-driven solutions potentially offer efficiency, accuracy, and cutting-edge functionality.

In Spring 2024, Wolters Kluwer’s Legal & Regulatory division unveiled new AI-enhanced capabilities for its Legisway platform, an all-in-one SaaS legal information and contract management tool for corporate legal departments. The introduction of advanced natural language processing (NLP) allows users to query contracts effortlessly, boosting the speed and accuracy of contract reviews. This functionality is part of a broader effort to streamline corporate legal work, reduce risk, and enhance collaboration, particularly through the newly introduced Legal Services Portal which simplifies the management of legal support requests.

Later in the year, the company introduced the OneSumX Reg Manager, a powerful AI solution designed for U.S. community banks and credit unions. This tool provides a dedicated workflow to help these institutions manage the complex regulatory landscape. By integrating AI with Wolters Kluwer’s expansive compliance expertise, it automates the monitoring of regulatory changes and ensures that community banks and credit unions can stay ahead of evolving requirements, thus reducing the risk of non-compliance.

The Dutch compliance leader then updated CCH Tagetik, its Corporate Performance Management tool designed to seamlessly integrate with a wide array of ERPs, Customer Relationship Management (CRM) systems, Microsoft Office, and various data formats, offering connectors for SAP, Microsoft, and Qlik.

May’s advancements in the CCH Tagetik Intelligent Platform show how cutting-edge technologies are predicted to drive a new era of efficiency, accuracy, and strategic capability within the Office of the CFO. Designed to empower finance professionals, the platform unlocks unparalleled potential by democratizing access to meaningful financial data, accelerating decision-making, and providing powerful tools for managing massive datasets with unprecedented speed.

Central to this transformation is the introduction of generative AI functionality, such as the innovative “Ask AI” feature. By enabling real-time, visual responses to natural language queries—whether via text or voice—finance teams can likely engage with their systems more intuitively than ever before. Wolters Kluwer estimates that these capabilities will significantly enhance productivity, allowing professionals to dedicate more resources to high-value activities such as analytics, strategic decision support, and innovation.

Data governance and accuracy have also seen a marked improvement through AI Automapping, which streamlines data collection and ensures compliance, and AI Anomaly Detection, which safeguards data integrity by flagging unusual or abnormal patterns. Additionally, the platform’s Intelligent Disclosure functionality dynamically links financial, non-financial, and ESG data to ensure that reports, filings, and presentations remain accurate and up to date. These capabilities reflect a broader trend across industries, where automation is replacing manual, error-prone processes with tools that offer greater speed, consistency, and reliability.

AI’s role in financial analysis and reporting is equally transformative. The CCH Tagetik Intelligent Platform integrates sophisticated analytics and visualization tools, enabling self-service reporting and dynamic dashboarding. Features like AI Driver-Based Analysis allow finance teams to quickly identify key business drivers and areas of exponential growth, while Predictive Intelligence and Transaction Matching improve forecasting and decision-making processes. These tools empower organizations to not only react to changes but to anticipate them, fostering a forward-looking approach to risk and compliance.

Wolters Kluwer brings AI to Legal, Lending, and Auditing

In September 2024, Wolters Kluwer launched the VitalLaw AI feature, a considerable enhancement to its legal research platform. This AI-driven functionality enhances legal professionals’ productivity by offering intuitive, safe, and reliable AI-generated answers. The platform offers dynamic document summarization, executive summaries, checklists, and simplified legal terminology, enabling professionals to communicate complex legal matters more effectively. Furthermore, the inclusion of “editor-in-the-loop” technology ensures accuracy and relevance in AI-generated responses with human assistance, promoting continuous improvement based on user feedback.

By December, Wolters Kluwer had further advanced its AI capabilities with updates to its TeamMate+ audit management platform. The introduction of Multi-Year Audit Planning and a Business Rules Engine allows audit teams to automate planning processes and ensure compliance with industry standards. These innovations enable audit professionals to manage audits across multiple periods, ensuring regulatory compliance with greater efficiency, while maintaining data accuracy and integrity.

Most recently, Wolters Kluwer extended its AI applications to the lending sector with the launch of iLien Borrower Analytics. This AI-powered solution simplifies the lien search and due diligence process for lenders by providing actionable intelligence reports. By automating the analysis of Uniform Commercial Code (UCC) filings, the solution helps lenders evaluate collateral assets, making quicker and more informed lending decisions while reducing manual review time.

With AI now embedded in approximately 50% of its digital revenues, Wolters Kluwer’s strategic push for AI in GRC and legal solutions showcases its commitment to reshaping industries. AI and automation are redefining the governance, risk, and compliance space, making processes more intelligent, efficient, and adaptive. Tools now offer the ability to proactively monitor regulations, manage internal controls, and simplify intricate workflows.

Wolters Kluwer aims to stand at the forefront of this transformation, integrating its decades of expertise with cutting-edge AI technology to help organizations navigate the complexities of compliance, reduce risk, and drive innovation in GRC management. Its innovations not only aim to streamline complex processes but also empower legal, compliance, and audit professionals with the tools to drive better outcomes, reduce risk, and remain at the forefront of their respective fields. The company’s deep integration of AI across diverse platforms highlights its role as a leader in the development of intelligent, scalable solutions for professionals worldwide. This evolution signals a broader shift across industries—one where automation and AI are not just tools but essential components of strategic success in an increasingly regulated world.

What this means for ERP Insiders

Revolutionizing Regulatory Monitoring and Risk Mitigation: Recent Wellesley Information Services research in The CIO’s Transformation Report Card showed that automation and standardization of business processes is the top transformation project (52%) for CIOs today. AI and automation are fundamentally changing how organizations approach regulatory compliance by automating the tracking, mapping, and implementation of updates across jurisdictions. This shift reduces reliance on manual processes, allowing for faster and more accurate responses to regulatory changes. Wolters Kluwer’s innovative solutions, such as those with automated regulatory feeds and AI-enabled content libraries, exemplify this transformation. By streamlining how compliance risks are identified and addressed, organizations can adopt a more proactive and efficient approach to managing regulatory complexity. Wolters Kluwer’s CCH Tagetik Intelligent Platform exemplifies this by embedding AI, ensuring more efficient processes, better strategic alignment, and enhanced transparency in both financial and regulatory reporting using data integration from ERP platforms from SAP and Microsoft.

Streamlining Workflows and Driving Efficiency: Across the GRC landscape, AI is enhancing productivity by simplifying traditionally time-intensive processes such as contract management, audits, and compliance reporting. Automated workflows, natural language processing, and advanced collaboration tools are eliminating bottlenecks and enabling teams to work smarter. Wolters Kluwer’s platforms, including VitalLaw AI and Legisway, demonstrate how these technologies are improving efficiency by providing tools that generate summaries, automate audit planning, and enable seamless collaboration. These advancements are reducing operational burdens and allowing organizations to focus on strategic priorities.

Empowering Decision-Making with AI-Enhanced Insights: AI is empowering organizations to make better, faster decisions by delivering actionable insights from complex legal, compliance, and risk data. The ability to summarize documents, analyze borrower data, and generate checklists ensures greater clarity and accuracy. Wolters Kluwer’s AI-driven tools, such as iLien Borrower Analytics, highlight how automation is not just streamlining processes but also enhancing decision-making. With these innovations, organizations can confidently address risks, communicate complex information, and implement strategies aligned with compliance and business goals.

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Skillsoft expands SAP SuccessFactors partnership https://erp.today/skillsoft-expands-sap-successfactors-partnership/ Fri, 24 Jan 2025 15:52:14 +0000 https://erp.today/?p=128480 Skillsoft is set to launch a new integration with SAP SuccessFactors in early 2025 that enhances workforce skills management by providing personalized learning paths, improved talent mobility, and strategic workforce planning through a centralized talent intelligence hub.

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Leading platform for transformative learning solutions, Skillsoft, recently announced a new integration with the talent intelligence hub from SAP SuccessFactors, a centralized system for skills intelligence.

Set to be fully available in early 2025, the new integration offers businesses using SAP SuccessFactors solutions and Skillsoft deeper insights into their workforce’s skills and the ability to deliver personalized learning paths aligned with employees’ role requirements and career aspirations, as well as the needs of the business.

By matching skills between customers’ taxonomies from the talent intelligence hub and Skillsoft’s skill dictionary, the companies are linking employees’ skills and roles with learning experiences throughout SAP SuccessFactors. As a result, organizations can better assess, index, and map the current skills of their employees against those required for their jobs, enabling more strategic workforce planning.

Key benefits of the partnership include:

Centralized skills management: Organizations can incorporate existing frameworks and deliver learning that drives targeted workforce development, with the talent intelligence hub serving as a dedicated source of truth for skills.

Enhanced workforce agility: Organizations can quickly adapt to changing market demands by identifying and addressing skill gaps, ensuring the workforce remains competitive and agile.

Increased employee engagement: Personalized learning experiences aligned with career goals boost employee engagement and satisfaction, fostering a more motivated and engaged workforce.

Improved talent mobility: The integration supports internal talent movement by identifying candidates for new roles, strategic projects, or cohorts based on current skills and learning achievements, helping to optimize talent utilization and improve retention.

Optimized tracking & actionable insights: Comprehensive tracking of employee skilling activity, captured in both the talent intelligence hub and Skillsoft’s dashboards, enables organizations to measure impact, identify trends, and tailor learning experiences accordingly.

The Skillsoft announcement follows updates made last fall to the SuccessFactors talent intelligence hub, allowing users to aggregate and harmonize data from third-party solutions in the hub to ensure a single view of skills for both employees and the organization. Partners integrated with the talent intelligence hub prior to Skillsoft include Beamery, iMocha, Korn Ferry, Lightcast, Phenom, TalenTeam, TechWolf, and edtech platform Degreed. Degreed’s inclusion was influenced in part by BT Group, as revealed by SAP SuccessFactors Chief Revenue Officer Maryann Abbajay to ERP Today last year.

Commenting on the announcement, Apratim Purakayastha, GM, Talent Development Solutions at Skillsoft, stated: “Talent is the fundamental building block of any organization, and achieving priority business objectives hinges on that talent having the right skills. Skills-based strategies are essential for developing an agile, productive, and innovative workforce and business.

“Integrating Skillsoft with the talent intelligence hub from SAP SuccessFactors creates a simpler, more effective, and more engaging approach to talent development.”

What This Means for ERP Insiders:

Centralized Skills Management for Workforce Development: The integration between SAP SuccessFactors and Skillsoft links employees’ skills and roles with targeted learning experiences, enabling centralized skills management and aligning workforce development with business priorities.

Latest Partnership in Talent Intelligence Expansion: Building on updates announced last fall, which enabled third-party data aggregation in the SAP SuccessFactors talent intelligence hub, the Skillsoft collaboration adds personalized skilling experiences to the platform, joining prior integrations with partners like Degreed and Lightcast.

Enhanced Tracking and Talent Mobility: Advanced tracking capabilities across Skillsoft and SAP SuccessFactors provide actionable insights to identify skill trends, address gaps, and support internal talent mobility for strategic workforce planning.

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The End of Oracle GRC: Are You Ready? https://erp.today/the-end-of-oracle-grc-are-you-ready/ Thu, 23 Jan 2025 11:04:28 +0000 https://erp.today/?p=128441 With Oracle sunsetting its GRC solutions by May 2025, organizations must swiftly transition to alternative compliance and risk management systems to avoid exposure to regulatory gaps and operational inefficiencies.

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For many ERP Insiders, Oracle Governance, Risk, and Compliance (GRC) solutions have been instrumental in helping organizations manage risk, enforce access controls, and maintain regulatory compliance. However, as Big Red officially sunsets its GRC suite by May 2025, businesses relying on these tools face a critical challenge: What comes next?

With Oracle ceasing active development and only offering Sustaining Support, organizations must act now to mitigate compliance risks and transition to alternative solutions. The end of Oracle GRC impacts multiple business functions, from finance and audit to IT security and enterprise risk management. If your company hasn’t begun planning for this shift, you may soon find yourself exposed to compliance gaps, operational inefficiencies, and security vulnerabilities.

Who is Affected by the End of Oracle GRC?

The discontinuation of Oracle GRC will have widespread consequences across key business functions, particularly those responsible for governance, risk management, compliance, finance, and IT security. As such, organizations must be prepared for a fundamental shift in how they manage these critical areas.

Governance, Risk, and Compliance (GRC) professionals will be among the most directly affected by Oracle GRC’s sunset. These individuals rely heavily on the platform to enforce regulatory policies, automate risk detection, and manage internal controls. GRC managers and analysts will therefore need to evaluate alternative platforms to ensure continuity in risk monitoring and policy enforcement.

Internal auditors, who depend on Oracle GRC’s automated tracking and reporting capabilities, will also have to reassess their audit workflows and find new tools that allow them to maintain efficiency and transparency in compliance reporting.

Compliance officers will also be impacted, as they will need to redefine their regulatory frameworks, ensuring that their organizations continue to meet industry and legal standards despite the absence of Oracle GRC’s built-in compliance tools.

IT and security teams will face significant challenges as well. Chief Information Security Officers (CISOs) and security analysts must implement new security frameworks and policies to maintain the same level of access control and governance that Oracle GRC provided. Without a clear transition plan, organizations risk introducing security vulnerabilities and compliance gaps. ERP administrators, who oversee security configurations and user access rules, will play a crucial role in ensuring that alternative solutions are seamlessly integrated into existing enterprise systems. These teams must work swiftly to migrate identity and access management policies to a new platform, ensuring that critical security controls remain intact and business operations are not disrupted.

Financial and accounting leadership will also experience major disruptions. Chief Financial Officers (CFOs) and financial controllers have depended on Oracle GRC to oversee financial governance, fraud detection, and compliance with ever-evolving financial regulations. Without it, they must identify and implement new solutions that offer similar capabilities to prevent financial misstatements and ensure compliance. Meanwhile, accounts payable and receivable managers will need to integrate new fraud detection and transaction monitoring solutions to maintain visibility and control over financial transactions. Failing to do so could expose organizations to financial fraud risks and regulatory penalties.

Oracle ERP and technology consultants will be instrumental in guiding businesses through this transition. As companies evaluate their next steps, ERP consultants and solution architects will need to identify the best alternatives to Oracle GRC, ensuring that any new solution integrates seamlessly with existing Oracle ERP systems. In particular, technology advisors should be tasked with assessing third-party risk management platforms, determining which options best align with an organization’s unique compliance needs, and assisting in the technical implementation of new governance tools.

What Are Your Options?

With Oracle GRC being phased out, businesses must explore alternative solutions. While Oracle recommends transitioning to Oracle Risk Management Cloud, this solution does not fully replicate all functionalities of the legacy GRC suite—particularly Oracle Preventive Controls Governor (PCG). As a result, companies must carefully evaluate their options to maintain strong compliance and security frameworks.

  1. Transition to Oracle Risk Management Cloud

Oracle’s cloud-based Risk Management Cloud offers some access control and risk monitoring capabilities, particularly in areas such as audit management and transaction monitoring. However, it lacks certain key functionalities that Oracle GRC users may be accustomed to, particularly in preventive control enforcement. Organizations considering this route should conduct a detailed gap analysis to determine whether the Oracle Risk Management Cloud meets all their governance needs or if additional solutions are required.

  1. Consider Third-Party GRC Solutions

Many enterprises may find that third-party GRC platforms provide a more comprehensive alternative to Oracle GRC. Several industry-leading solutions offer robust compliance, risk, and security management capabilities, including:

  • SAP GRC solutions – A strong alternative for organizations that already operate within the SAP ecosystem. With tools such as SAP Risk Management and SAP Business Integrity, the ERP giant provides comprehensive risk, compliance, and audit management functionalities.
  • Microsoft Purview Compliance Manager – An ideal option for organizations heavily invested in the Microsoft ecosystem, offering compliance tracking, data governance, and risk assessment.
  • IBM OpenPages – A robust enterprise risk and compliance management platform that integrates AI-driven insights for governance and regulatory reporting.
  • ServiceNow GRC solutions – ServiceNow’s platform includes cloud-based risk and compliance management solutions that offer automation, workflow integration, and real-time monitoring to support enterprise-wide governance frameworks.

Each of these solutions offers different features and capabilities, so organizations should conduct thorough evaluations to determine which best fits their needs.

  1. Evaluate Custom & Hybrid Approaches

Some organizations may opt for a custom or hybrid approach to governance and compliance management. This might involve integrating multiple tools to achieve the same functionality that Oracle GRC provided or developing in-house risk management frameworks tailored to specific business needs. While this approach offers greater flexibility, it also requires a strong commitment to ongoing maintenance and development.

Steps to Prepare for the Transition

To ensure a seamless transition away from Oracle GRC, organizations should take a structured approach:

  • Conduct an Impact Assessment – Identify the specific GRC modules in use and assess the risks associated with their discontinuation.
  • Evaluate Alternative Solutions – Compare Oracle Risk Management Cloud with third-party platforms and determine the best fit for your business needs.
  • Develop a Transition Roadmap – Establish clear timelines, allocate resources, and define key milestones for migrating to a new GRC solution.
  • Engage ERP & Compliance Experts – Work with consultants, compliance specialists, and ERP advisors to facilitate a smooth transition.
  • Communicate with Stakeholders – Keep all affected teams informed about the changes, and provide training to ensure smooth adoption of new tools and processes.

The Time to Act is Now

The retirement of Oracle GRC is more than just an IT concern — it is a business-critical issue that impacts compliance, security, and financial oversight. Organizations that fail to prepare adequately risk exposing themselves to regulatory violations, fraud, and operational inefficiencies. The window to make a proactive transition is closing quickly, and delaying action could lead to costly disruptions.

Businesses must take immediate steps to assess their options, implement alternative solutions, and ensure they remain compliant in a post-Oracle GRC landscape. Whether adopting Oracle Risk Management Cloud, migrating to third-party platforms, or implementing custom solutions, success will depend on proactive planning and a well-executed transition strategy.

Is your organization ready for the end of Oracle GRC? If not, the time to prepare is now.

What this means for ERP Insiders

  • Act Now to Ensure Continuity: The discontinuation of Oracle GRC will have far-reaching effects across governance, risk management, IT security, and finance functions. Organizations must act quickly to identify alternative solutions that ensure ongoing compliance, security, and efficient operational processes. The risk of falling behind in adapting to new systems could lead to vulnerabilities, regulatory gaps, and inefficiencies, all of which could expose businesses to significant risks. The time to prepare for this transition is now to safeguard critical business functions.
  • Assess and Implement New Solutions: Organizations must thoroughly evaluate both Oracle Risk Management Cloud and third-party GRC platforms to identify the best alternative that meets their specific needs. It’s crucial to conduct a detailed gap analysis to ensure the selected platform covers all necessary functions such as risk monitoring, audit automation, and compliance enforcement. Whether transitioning to an Oracle-based solution or adopting a third-party tool, the chosen platform must integrate seamlessly with existing enterprise systems to prevent disruptions in governance and security practices.
  • Plan and Execute a Transition Strategy: A successful transition from Oracle GRC requires careful planning and execution. Businesses should develop a comprehensive roadmap that outlines clear timelines, resource allocation, and key milestones. Engaging ERP consultants, compliance experts, and other relevant stakeholders will be crucial in ensuring the transition is executed smoothly. Communication is key throughout this process—teams across the organization must be informed about the changes, receive appropriate training, and be supported in adapting to new tools and processes to maintain business continuity.

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Trade Promotion Management success with Bayer and TELUS partnership https://erp.today/trade-promotion-management-success-with-bayer-and-telus-partnership/ Tue, 21 Jan 2025 14:19:03 +0000 https://erp.today/?p=128425 Bayer, in collaboration with TELUS, has successfully implemented a structured Trade Promotion Management (TPM) approach that aligns with broader Revenue Growth Management strategies, emphasizing clear goals, data-driven insights, and a phased implementation to enhance trade spend visibility and efficiency while balancing global consistency with local adaptability.

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Trade promotion management (TPM) is a cornerstone of profitability for manufacturers, providing visibility and control over trade spend across global markets. However, achieving efficiency in TPM is a significant challenge, requiring strategic planning, the right tools, and organizational alignment. Health care and agriculture giant Bayer, in collaboration with TELUS, has successfully navigated this complex landscape, demonstrating best practices in achieving global TPM excellence.

The company’s approach to TPM has been spearheaded by Tom Marriage, Global Digital Lead – Commercial Planning, Bayer. With two decades of experience, Marriage underscored the necessity of a structured and strategic roadmap at the recent TELUS Consumer Goods’ RGM Forum.

Rather than reacting to challenges as they arise, Marriage believes companies should define clear end goals, ensuring TPM aligns with broader revenue growth management (RGM) strategies. Key considerations include defining the role of TPM within RGM, ensuring trade promotion efforts contribute to overall business objectives, establishing and tracking performance indicators to measure success, leveraging insights to enhance trade spend effectiveness, and designing frameworks that accommodate local market needs while maintaining global consistency.

Bayer’s collaboration with TELUS has played a crucial role in structuring this pathway, Marriage reports. Specializing in Agriculture & Consumer Goods, TELUS offers a global TPM solution which aims to simplify planning and execution for numerous aspects of a promotional strategy across both retail and foodservice, ensuring data integration, stakeholder alignment, and smooth execution across markets.

Bayer’s TPM Framework: A Phased Approach

Bayer’s journey in TPM has followed a structured pathway, ensuring alignment across stakeholders and maximizing visibility into trade spend effectiveness. This approach includes a foundational phase focused on establishing customer listings, fund management, demand integration, and post-event ROI evaluation. The controlled volume planning phase incorporates annual promotional planning, new product launches, and demand adjustments. Total volume planning implements consumption-based planning, accrual harmonization, and budget tracking. The advanced phases integrate net revenue management, trade promotion optimization, predictive modelling, and AI-enhanced analytics.

One of the key challenges in TPM implementation is finding the right balance between global consistency and local market flexibility. Bayer’s approach ensures centralized governance with market-level adaptability, allowing individual markets to tailor strategies to local consumer behavior and retail dynamics while maintaining a core TPM framework. Continuous performance assessment is conducted using a phased proficiency rating system, ranging from reactive to expert, to assess and optimize TPM maturity across different regions. By benchmarking performance across markets, Bayer identifies best practices and areas for improvement, ensuring data-driven market comparisons.

What this means for ERP Insiders

  • Optimising Trade Promotion for Revenue Growth and Pricing Efficiency
    Bayer, in collaboration with TELUS, has implemented a structured TPM approach that directly supports revenue optimisation and pricing accuracy. By integrating TPM with broader Revenue Growth Management (RGM) strategies, Bayer ensures data-driven decision-making, enhances trade spend visibility, and improves promotional ROI. This methodology provides revenue and pricing leaders with the insights needed to refine pricing structures, forecast promotional effectiveness, and maintain margin integrity across global markets.
  • Structured Framework for Improved Financial Control and Pricing Strategy
    Bayer’s phased TPM implementation—spanning foundational fund management, controlled volume planning, and advanced analytics—offers a scalable approach to managing trade investments. The ability to harmonise accruals, track budget performance, and optimise trade spend effectiveness ensures robust financial governance. Through data integration, TELUS’ global TPM solution further enhances pricing precision by aligning promotional planning with revenue accounting, enabling companies to maintain pricing consistency while adapting to regional market dynamics. As recent Wellesley Information Services research reports, 83% of finance professionals view cleansed and harmonized master data as either important or very important to support their business priorities.
  • Follow these core principles for TPM success. Companies must understand their current state and desired outcomes before launching or optimizing TPM systems. Engaging cross-functional stakeholders, including business leaders and IT professionals, is essential to ensure holistic implementation. Also, leveraging external expertise such as experienced TPM specialists and technology providers helps avoid common pitfalls. Finally, businesses should invest in TPM features that align with their objectives, avoiding unnecessary complexities. Ensuring TPM solutions support local market nuances while maintaining global standardization provides the flexibility needed for a successful implementation.

The post Trade Promotion Management success with Bayer and TELUS partnership appeared first on ERP Today.

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