Episode 39: The Benefits of a Modern ERP System for Small and Growing Companies with Innflow's Beat Wyler

The Future of ERP - A podcast by SAP SE - Wednesdays

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Beat Wyler from Innflow dives into the world of modern ERP systems and their importance in today's business landscape. Wyler defines a "Modern ERP system" as a comprehensive and integrated software solution that streamlines business processes, improves efficiency, and enhances decision-making capabilities. The conversation then shifts to the role of intelligent technologies like AI in helping small and medium-sized companies to grow. He highlights how AI can empower businesses to make informed decisions by analyzing data from various sources such as business processes, smart assets and products, social media, third-party providers, and even external factors like traffic and weather. He explains how AI enables companies to stay competitive in their industries by unlocking new opportunities, discovering trends, and adapting to changing market conditions. Wyler explores the concept of introducing new business models, such as "as-a-service," and discusses how a modern ERP system can facilitate the adoption of these innovative approaches.