Pioneering Views: Pushing the Limits of Your C/ETRM - Volume 2
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About this ebook
We don’t need to dwell on how we are living in an increasingly competitive and fast-paced world. Conditions that put pressure on companies to change. Not just their markets, operations, and organizations but also their beliefs. Those willing to take risk, step out of their comfort zone and into the discomfort of uncertainty will be those who will reap the biggest rewards. The current playbook just doesn’t work anymore, and neither do legacy C/ETRM systems or established expectations on how to implement them. Those ageing designs do not provide the flexibility to evolve with the business, while modern C/ETRM systems are implemented in months instead of years. “So, why get out of your comfort zone and implement a Next Generation C/ETRM system? Because that’s where the magic happens!
Investing in a modern C/ETRM system will support your new playbook for not just surviving but succeeding in today’s disruptive business world. This eBook provides C/ETRM solutions crafted to inspire those who lead the way.
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Pioneering Views - Pioneer Solutions
Table of Contents
Next-Generation C/ETRM: Where the Magic Happens
You need to Digitize before you Robotize: RPA in C/ETRM
Intraday Markets: Real Money in near Real Time
C/ETRM Automation
Managing Price Risk with Price Forecasting
Improve and Simplify Your C/ETRM Software Environment
Intelligence in C/ETRM - Automation Examples
‘See TRM’: An Eye Opener
Scalability in a Thriving Economy
Are you Data Driven?
Digital Transformation
Next-Generation C/ETRM: Where the Magic Happens
We don’t need to dwell on how we are living in an increasingly competitive and fast-paced world. Conditions that put pressure on companies to change. Not just their markets, operations, and organizations but also their beliefs. Those willing to take risk, step out of their comfort zone and into the discomfort of uncertainty will be those who will reap the biggest rewards. The current playbook just doesn’t work anymore, and neither do legacy C/ETRM systems or established expectations on how to implement them. Those ageing designs do not provide the flexibility to evolve with the business, while modern C/ETRM systems are implemented in months instead of years. "So, why get out of your comfort zone and implement a Next Generation C/ETRM system? Because that’s where the magic happens!
Legacy systems, or spreadsheet-based systems, have been and still are under scrutiny as they fail to deliver on new requirements. In trying to ‘play it safe’, less-desirable interim solutions are implemented, augmented with little armies of deal entry clerks, spreadsheet jockeys, or settlement analysts, while cost of ownership increases. Even when a decision is made for system replacement, oftentimes decision-makers are not willing to get out of their comfort zone and will choose a solution based on the old adage you can’t go wrong with IBM
. This includes old assumptions about what it takes, in cost and time, to implement a C/ETRM system.
Only in giving up the security of the known can we create new opportunities. Those pursuing real progress will challenge assumptions and try new approaches to solve problems that can’t be solved with established products. Forward thinking business leaders, recognize that a controlled procurement process, such as expansive Request for Proposal (RFP), are