Connect with us

E-Business

How to Sell Need for New Business System to Your Boss

Published

on

Kindly share this post

If you’re a Chief Information Officer or a line manager in your business, you’ll probably know when your manual business processes and legacy business systems are standing in the way of your organisation’s growth, agility, and efficiency.

However, in an uncertain economic climate, you’ll need to carefully justify to the board and the C-suite why it is necessary to replace an old Enterprise Resource Planning (ERP) solution with a modern Business Management Solution.

You’ll need to show how the risks of a big system implementation can be managed, why it’s imperative to modernise business systems, and how you will achieve a return on investment. The good news is that most C-suite executives welcome proactive and well thought-through proposals to improve the business.

Here are a few guidelines about how to approach senior executives and get their buy in for a new business solution:

Start With The Bottom-Line
Most top executives think about the long-term and take a macro view on the business. Talk to them about how a new system will align with strategic business objectives, such as reducing costs, increasing productivity or improving revenues. Also demonstrate how a high-quality platform could help them in their jobs – for example, by giving more accurate and timely reports and forecasts.

Make use of industry research shows how business management solutions can deliver great ROI for your organisation. For example, The Total Economic Impact of Sage X3, a study conducted by Forrester Consulting on behalf of Sage, found that a composite of organisations using Sage X3 achieved a 177% ROI, $1.7M from cost savings over three years and an expected payback period of only five months.

Discuss Risk
Sticking with the macro perspective, risk is always at the top of the agenda for the senior decision-makers in the business.

They’ll want to know that you’ve done your homework about the risks of a large systems implementation, from possible disruption of daily operations to costly project overruns or concerns about change management.

Remember to outline how your project plan will address the risks and also to speak about how a robust business management solution will help the business to address risks and compliance challenges more effectively.

With better access to real-time data, business management solutions improve reporting capacities, which makes regulatory compliance easier.

Be Ready To Answer Questions About Your Resource Requirements
Your business leaders will ask about what kind of resources will be necessary to implement the new system, so be ready with examples.

While it does take time and money to implement a new business management solution, demonstrate how the platform will achieve return on investment and outline the benefits it will deliver.

You could also talk about the business risks of staying on older technology, such as the possibility of the vendor ending support for your software or a lack of real-time visibility into business data.

Have a Presentation
Decision-makers are usually short on time. Rather than raising it in a general meeting or in a corridor chat, try to book a slot in their diaries and arrive with a short presentation that makes your case.

Put together a deck with visuals that demonstrate the positive impact the business management solution will have on the organisation. Keep the presentation short and snappy, and back up your claims with facts and figures.

Closing Words
As the global market leader of integrated accounting, payroll and payment systems, Sage has become an indispensable business partner to many companies looking to reinvent and simplify their business processes.

In our experience, buy-in from senior management is one of the most critical success factors in any large-scale technology project.
 
By Keith Fenner, Vice President, Sage X3 International


Kindly share this post

Nigeria CommunicationsWeek believes that technology makes life more exciting and helps improve the lives of people around Nigeria and indeed the world. So since 2007, we have devoted our energy to independent reportage of technology and how they affect lives.

Continue Reading
Advertisement
Comments

E-Business

NITDA, NIMC Partner for Seamless Data Exchange Capabilities

Published

on

Kindly share this post

National Information Technology Development Agency (NITDA) and the National Identity Management Commission (NIMC) have announced a collaboration on National Public Key Infrastructure (PKI) and Digital Public Infrastructure (DPI) to enhance synergy between digital identity, payment ecosystems and secure seamless data exchange capabilities for Nigeria.

NITDA, NIMC Partner for Seamless Data Exchange Capabilities

l-r: Kashifu Inuwa, Director General of NITDA, and Bisoye Coker-Odusote,  Director General of NIMC, during the meeting at the NIMC headquarters in Abuja..

NITDA, which made the announcement on its X handle, said that the collaboration was to further strengthen Nigeria’s digital economy in line with President Bola Tinubu’s Renewed Hope Agenda,

During the meeting, Kashifu Inuwa, director general of NITDA, and Bisoye Coker-Odusote, director general of NIMC, with some management staff of both organisations, discussed various initiatives, which include building DPI stacks for a secured and seamless data exchange and forming partnerships to transform the national identity system.

This collaboration also aims to harness the potential of the innovative ecosystem and emphasise the use of public-key infrastructure (PKI) to drive digital transformation in Nigeria.

To ensure a smooth implementation, a 12-man committee was set up.

This committee will play a crucial role in kickstarting and harmonising the initiatives and is expected to deliver a comprehensive implementation report within the next 4 weeks.

 

 


Kindly share this post
Continue Reading

E-Business

Expert Urges FG to Harmonise NIN, BVN to Tackle Crimes

Published

on

Kindly share this post

Noble Ajuonu, head, Sydani Technologies Ltd., has urged the Federal Government to harmonise National Identification Number (NIN) and Bank Verification Number (BVN) to tackle crimes and insecurity in the country.

Expert Urges FG to Harmonise NIN, BVN to Tackle Crimes

Ajuonu made the call at a media roundtable, organised by Sydani Group in Abuja.

The News Agency of Nigeria (NAN) reports that the roundtable focuses on driving sustainability through a comprehensive analysis of Nigeria’s key development areas.

Ajuonu said that Nigeria could overcome its security challenges and pave the way for a safer, more secure future for all Nigerians by embracing technology and implementing practical solutions,

“We need to harmonise data, prioritise seamless integration of databases like NIN, BVN, and security agency records, establish clear protocols for data sharing and access, with robust safeguards against misuse,’’ expert said.

According to him, the unified data pool will empower intelligence gathering and targeted operations.

He also called for investments in smart surveillance, intelligent video analytics software, training of personnel in data analysis, interpretation of data in real-time to combat crimes.

“There is need to implement a legal framework for call interception in criminal investigations, with strict oversight to prevent abuse, encourage community cohesion, training of tech savvy security personnel with tech-enabled tools.’’

Ajuonu also urged the government to address infrastructure deficit in technology, saying that technology was all encompassing to address insecurity.

“According to the National Identity Management Commission (NIMC), as of December 2023, only 104.2 million Nigerians had been enrolled for the National Identity Number (NIN).’’

Ajuonu added that over 122.2 million citizens left uncaptured for NIN were people in rural areas where enrolment centres, digital services were limited.

“Most crimes are being perpetuated from rural communities and this lack of comprehensive identification creates a gap where elements not captured in the national database can constitute public nuisance, crimes.

“There is the inadequacy in the integration of NIN, BVN and Voters Identification Number (VIN).

“Advanced call interception and analysis tools, used successfully in other countries, could provide invaluable insights into criminal networks and operations but infrastructure is lacking,’’ he said.

Also, Mr Godfrey Petgrave, the Agricultural Expert, Sydani Group, called for empowerment of smallholder farmers with access to finance and training to enhance productivity.

According to Petgrave, Nigeria requires policy reform and institutional strengthening to improve agricultural practices and embrace digital agriculture solutions to address food insecurity.

Mr Akolade Jimoh, another expert of the group on health, advocated for expanded community-based health insurance programmes for rural and underserved areas.

Jimoh added that the country needed to encourage Public Private Partnership to revolutionise products design and quality improvement on health services.


Kindly share this post
Continue Reading

E-Business

Konga launches Infinix Brand Week with Incredible Deals

Published

on

Kindly share this post

Konga, Nigeria’s leading composite e-commerce group, is thrilled to announce the launch of amazing deals at its Infinix Brand Week. Infinix, a leading global smartphone brand known for its innovative products and cutting-edge technology promises exclusive discounts and special offers on select smartphones, marking an exciting milestone in the realm of online shopping.

Shoppers can expect nothing short of extraordinary deals on a wide range of Infinix products, all available exclusively on the Konga online platform. With discounts of up to 30% off, this partnership between Konga and Infinix aims to redefine the shopping experience for tech enthusiasts across Nigeria.

Konga Brand Week has become synonymous with excitement and unbeatable deals, and this year’s edition is no exception. In addition to exclusive discounts on Infinix smartphones, shoppers can explore a diverse array of products across various categories, including electronics, fashion, home essentials, and more.

“At Konga, we are dedicated to providing our customers with the best shopping experience possible,” said Rita Ohaedoghasi, VP Marketing at Konga. “The Infinix Week during Konga Brand Week allows us to continue delivering on that promise by offering incredible discounts and special offers on some of the most sought-after smartphones in the market.”

To stay updated on the latest developments and exclusive deals during Konga Brand Week, shoppers are encouraged to connect with Konga across all platforms, including social media and the Konga website. Don’t miss out on this opportunity to score big savings and elevate your tech game with Infinix and Konga.


Kindly share this post
Continue Reading

Trending