ERP vendors love to throw around the “AI” buzzword these days. But at the root, it usually means a chatbot or maybe some machine learning to scan invoices. That’s fine, but it barely scratches the surface of what’s possible.
The next generation of ERP will live or die based on the vendor’s decision to embed real AI into their products. This doesn’t mean a bolt-on. It means weaving AI deep into the system architecture so it drives real value and significant efficiency gains.
There’s a massive opportunity here for ERP to truly transform business with AI if vendors step up. The ones that do will have a real advantage in the space. Organizations are using AI in other areas of the business, and they’re going to want up-to-date systems that can keep up.
Below are four opportunities for AI to truly revolutionize ERP:
ERP implementations are notorious for months of workshops, configuration marathons, and testing rabbit holes. AI can change that. Instead of old-school rule-building, AI natural language processing (NLP) can help to:
That means projects could go live in half the time, with fewer errors, and a lot less stress.
Day-to-day ERP transactions are still quite manual. AI can take them to the next level by replacing the “search-and-click” routine with something smarter. For example, instead of manually searching, imagine just telling the system “process invoice for payment” and it takes you right to the correct screen. This could also enable users to:
These are the things that eliminate “death by clicks” and make ERP more efficient and effective.
The front-office usually gets stuck with clunky ERP screens that are more confusing than helpful. AI can flip the script and deliver real intelligence, like:
That’s a huge win for operations and front-line teams who want to do their jobs faster and with fewer errors.
Month-end still feels like Groundhog Day in most companies. It’s a time-consuming, stressful swirl of reconciliations, journal entries, and adjustments. AI could be the ultimate month-end wingman:
This could all turn month-end close into a streamlined, data-driven process. The close that closes itself, so to speak.
At Trenegy, we help organizations pick the right ERP system and make sure they’re setting themselves up for the future of AI, not just adding a complex system. We also educate companies on what real AI looks like so you can ask the right questions when talking to ERP vendors. Reach out to info@trenegy.com to chat more.