Software System Implementation Considerations

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Why would interim measures be needed during the implementation of a new application that takes more than a year?

To resolve potential issues

How can SaaS application feature updates impact the need for a brand-new software system implementation?

By offering previously unavailable features

Why is change management essential when revising accounts payable processes?

To manage the impact on internal employees and external stakeholders

What can companies achieve by revising internal processes during digital transformation?

Lower costs, improve quality, and reduce cycle times Signup and view all the answers

How does adopting cloud connectivity help during digital transformation?

By linking disparate processes and locations Signup and view all the answers

Give an example of how robotic process automation can impact manual tasks in procurement and supply chain management.

Transforming manual tasks into automated processes Signup and view all the answers

What is the primary goal of process transformation?

The primary goal of process transformation is to make internal processes more straightforward and efficient. Signup and view all the answers

What are some potential results of process transformation?

Potential results include simplifying or removing steps, improving reporting, and minimizing keying errors. Signup and view all the answers

Why is an evaluation of the company's existing software essential for a successful process transformation?

An evaluation of the company's existing software is essential to understand if the current software can support the transformation goals. Signup and view all the answers

What factors should company leaders consider when introducing new software applications during a process transformation?

Leaders should consider implementation timelines, change management, and the urgency of the change. Signup and view all the answers

Why should company leaders be cautious about introducing a brand-new system during a process transformation?

Leaders should be cautious because implementing a brand-new system may pose risks related to implementation timelines and change management. Signup and view all the answers

How can a process transformation contribute to improving customer experience and driving employee innovation?

By simplifying internal processes and reducing errors, a process transformation can enhance customer experience and free up time for employees to focus on innovation. Signup and view all the answers

What are some reasons why a company may undergo a business model transformation?

Leaders see an opportunity to change the way consumers purchase or use a product/service, or market competitors are moving in a particular direction. Signup and view all the answers

Give an example of a company that successfully underwent a business model transformation.

Netflix made the switch from mailing DVDs to online streaming. Signup and view all the answers

What is the significance of a domain transformation for a company?

A domain transformation occurs when company leaders want to enter a new market. Signup and view all the answers

Explain the concept of XaaS in the context of technology companies.

XaaS stands for 'Anything as a Service' where 'X' can be hardware, storage capacity, or applications. Signup and view all the answers

How can customers signal their readiness for a different type of relationship with a company?

Customers often signal readiness through their purchasing patterns. Signup and view all the answers

What are some challenges a company may face during a business model transformation?

The need to hire employees with new skill sets or retrain the existing workforce. Signup and view all the answers