Re think Line-of-Business connectivity
.... new levels of cross-team collaboration, decision-making, and efficiency
As a decision maker, you might sometimes feel that you don’t have enough information about the effectiveness and compliance of core business processes in your organization. You might need to make decisions and manage risk without having the full information at your fingertips. Did you know that SharePoint can be used to provide visibility across the entire enterprise? Consider implementing a SharePoint-based solution that enables you to surface Line-of-Business (LOB) data within the collaboration platform everyone uses, to make data-driven decisions with confidence, to manage risk and compliance and to boost Return-on-Investment (ROI).
Does Your Company Work with Siloed, Department-Specific LOB Systems? According to The Hackett Group’s research, the average $1 billion company maintains 48 disparate financial systems and 2.7 Enterprise Resource Planning (ERP) systems. You don’t have to be part of a $1 billion enterprise to have experienced the proliferation of line-of-business (LOB) systems. Companies have been implementing best-of-breed systems for each organizational function, such as the best finance application for finance and the best human resources (HR) system for HR. “Interfaces between these systems, which often require human intervention, are often the points at which errors and fraud are the likeliest to occur,” states Jim Anthony from Answerthink on the challenges of having heterogeneous information technology environments.
How many line-of-business (LOB) systems does your company run? Do your teams use different information systems that are disconnected? Is there a way to improve productivity when multiple teams are working together? This paper reviews how you can maximize performance, improve efficiency, and lower costs across your organization by using Microsoft® SharePoint® as an enterprise collaboration platform for your LOB systems.
Business Challenges - Keeping a competitive edge today is harder than ever due to factors such as volatile economic environments, globalization, and emerging businesses models (e.g. online, outsourcing, etc.). Companies are trying to find ways to take their company to the next level while they are already doing all they can to be number one. For example, CBS Outdoor, one of the largest outdoor advertising organizations in the world, wanted to live up to its service promise: “to continue to serve their customers in an unmatched level of client service and touch points”, while facing the challenge of managing a diversified portfolio of global accounts.
In the world of narrow profit margins, seemingly small efforts can make or break a company’s competitive edge, such as improving productivity by making better use of their existing systems. Microsoft offers a formula to help companies increase their competitive advantage without major investments and, in fact, the possibility to achieve savings in the 80-90% range3: Connect your existing LOB systems with SharePoint, creating Business-Critical SharePoint solutions. Starting at the beginning, everything from help desk requests to the business case for a strategic software project can originate in the Request Queue. Your customized options will send the right work to the right team, app developer, QA engineer, etc. IT or other enterprise teams can then turn the request into a project and spec out the details to get that work done.