The Hubble philosophy: one system for all
At Hubble, we passionately believe in the idea of one system for all when it comes to company planning, reporting, and analytics. Too many plug-and-play vendors promise the moon to all of your stakeholders – and can’t possibly deliver what each disparate group needs. Why? Because for a system to work equally well for your entire company, you need to be tightly integrated into your specific enterprise resource platform (ERP). Yes, you should have the flexibility and autonomy to pull data, charts, graphics, and analytics in ways that are efficient and useful for each critical arm of your organization. If your team doesn’t have access to the same, real-time data – gleaned from the same organizational processes – you are unnecessarily creating clutter and chaos.
The problem: ERPs are so complicated
So slow. So often in need of IT intervention. I hear, “Finance loves its spreadsheets – we can’t get rid of Excel!!!” or “Our executives want beautiful data visualizations, but the ERP is terrible for that.” Understandably, many organizations feel stuck and have lowered their expectations about what their ERP can achieve. And many have jerry-rigged a stopgap by adopting a bunch of tools and solutions that are more user-friendly.
You may have solved a single short-term performance problem with a whiz-bang tool, but the truth is that without a robust enterprise performance management system, designed specifically for your company’s ERP, you are hosed. You risk losing time, spending more money, and using unreliable data without that critical link to your ERP (hence our, “don’t break the link” speak). Too many organizations use BI tools as a Band-Aid to overcome the difficult and clunky nature of many ERP systems. Unless all your systems are tightly integrated, BI alone won’t be able to give you the transparency you need and the efficiency you deserve. Both are undeniably essential to having a competitive advantage.
You can implement a range of products, attempting to feed the needs of each of your key stakeholders, but if they are divorced from your ERP then you've created more problems than you've solved. Now, you have to train everyone on multiple tools. Now, you have to pay to maintain all these systems. If they aren’t all integrated (which is highly unlikely), now you also have information in silos that needs to be extracted. Feeling queasy? Well, that’s expected. Gluttony never really goes down well, especially when it comes with money and time loss.
Don’t just take it from me
In a recent report, Gartner deemed ERP integration to be a game-changer among performance management solutions. In the future, we know that more and more solutions will be ERP-specific. The idea is a bit like building a car. You wouldn’t put a generic engine into a Mustang. That engine wouldn’t know how to make a Mustang run like the wind. Same goes for your business systems.
Having the flexibility to please all parties is quite the job for any one system. Finance wants to dive into the transactional details and keep teams accountable, IT wants a robust system, and your executives want an accurate, digestible bottom-line when reviewing profits, losses, opportunities, and problems. The key to serving all of these parties equally well begins with native ERP integration. And, an intuitive and user-friendly interface doesn’t hurt either… So, are you ready to Hubble?