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Headache or Salvation Changing Your Core Software System

Headache or Salvation: Changing Your Core Software System

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Page 1: Headache or Salvation: Changing Your Core Software System

Headache or SalvationChanging Your Core Software

System

Page 2: Headache or Salvation: Changing Your Core Software System

It is much easier for businesses to decide on investing in IT systems, which gives a quick

return.

Page 3: Headache or Salvation: Changing Your Core Software System

For example, implementing a new front-end system to support a new sales channel or moving to a paperless process with a new document-management system.

Page 4: Headache or Salvation: Changing Your Core Software System

However those are not core systems, so they are easier, cheaper and quicker to implement.

Page 5: Headache or Salvation: Changing Your Core Software System

Core-system replacement requires a lot more effort, and impacts on every department in the company and every

process in your organization.

Page 6: Headache or Salvation: Changing Your Core Software System

But, the question here is...Why do we need to change the core system?

Page 7: Headache or Salvation: Changing Your Core Software System

Psychologists have discovered that our minds are ruled by two different systems competing for control 

Rational Mind

and

Emotional mind

Page 8: Headache or Salvation: Changing Your Core Software System

The rational mind wants to change something at work; the emotional mind loves the comfort of the existing routine.

However sometimes you must step out of your comfort zone.

Page 9: Headache or Salvation: Changing Your Core Software System

So what are the reasons making companies replace their core software system?

Page 10: Headache or Salvation: Changing Your Core Software System

What companies want to achieve when changing the core software system?

Page 11: Headache or Salvation: Changing Your Core Software System

Increase transaction-processing capacity.

Page 12: Headache or Salvation: Changing Your Core Software System

Enable the introduction of new products and services to the market.

NEW

PRODUCT

Page 13: Headache or Salvation: Changing Your Core Software System

Enable process automation.

Page 14: Headache or Salvation: Changing Your Core Software System

Improve compliance.

Page 15: Headache or Salvation: Changing Your Core Software System

Have adequate system support.

Page 16: Headache or Salvation: Changing Your Core Software System

Harmonize business processes.

Page 17: Headache or Salvation: Changing Your Core Software System

If you have to replace the core system, one of the questions

you will ask is...

“How long will it last? When will we have to go through this

costly process again?” 

Page 18: Headache or Salvation: Changing Your Core Software System

There are a few things you can do to extend the life

cycle of your core software system.

Page 19: Headache or Salvation: Changing Your Core Software System

Read the full article and learn how to extend the life cycle of your core software system and more

details about the reasons why companies are replacing their core software systems.