Recent McKinsey analysis1 has revealed a captivating trend in modular construction: the ability to accelerate project timelines by 50% whilst reducing costs by 20%. At the core of modular construction is the principle of standardization for enhanced efficiency. We built our software around this very concept, and it is one of the many reasons we believe this could be a game-changer for the ERP industry.
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About the author: Alina Serbanescu, Sales Development ManagerAlina Serbanescu brings over 10 years of experience in sales development across diverse industries. She strongly believes that successful business relationships go beyond technology choices. Her philosophy is simple, yet it can be complex for others: Choose your ERP carefully — do it right the first time, and that's all you'll need. |
This trend is not isolated. Numerous industries have adopted this modular approach, yet the rest of the ERP world proposes a contrasting scenario. Other vendors, despite their long-standing promises of vertical market templated solutions, still approach each project as a blank canvas and generate impressive service delivery revenue as a result.
Why is this the case? The crux of the matter often lies in adoption. Businesses sometimes hesitate to replace their customised processes with predefined ones, even if those are based on best practices. I believe this occurs due to adoption challenges. Businesses are often not prepared to adopt predefined processes, even if they are based on best practices, preferring instead their own processes.
But also, the lengthy project discovery processes, pre-studies and implementation blueprints, are often designed to do the exact opposite of the early engagement discussions, by attempting to re-aligning the customer with the vendor's standardised processes - often be a goal and thereby exponentially driving costs up and reducing the value derived from your software investment.
But here's a twist – most buyers express a willingness to adapt, yet few demonstrate the management involvement or process ownership necessary to truly make it happen. And let's be honest: many software vendors also struggle to effectively communicate the value of standardisation.
Our Partner community sees these painful traits unfold all too frequently which affords them the luxury of being different from many other vendors and resellers. A solution platform that is easy to implement, to use, to grow and to maintain are just some of the key benefits our business partners see and topically given the McKinsey analogy, in the modular construction industry too.
So, where does that leave you? Potentially, on your own journey towards process standardisation. But fear not – the rewards can be substantial. By standardising, you tap into ongoing improvements and innovations, ensuring your processes stay current and you benefit from new features, benefits and value built into these standardised processes. This is where the true magic of multi-tenancy SaaS software can shine. With RamBase, it's not a one-size-fits-all solution, but when we meet candidates from our specialist industries and specific business needs, the advantages can be significant.
Your investment's value could grow as the software evolves alongside your business needs. In closing, whilst discussions about cloud and SaaS often focus on technology and cost models, the real game-changer is in processes standardisation.
Choosing the right software isn't just a technological decision; it's a strategic move that can bring immense, ongoing value to your business. Check out what our customers say about RamBase.
Be strategic, choose wisely, and prepare for a future that's always in motion!
1: McKinsey & Company. (2019, May 1). Making modular construction fit [Webpage]. McKinsey & Company. https://www.mckinsey.com/capabilities/operations/our-insights/making-modular-construction-fit
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