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[BUSINESS] · Australia · 2 sources

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Enterprise resource planning trends in Australian business and government

Australian businesses are increasingly adopting AI-driven Cloud Enterprise Resource Planning (ERP) systems to improve operational efficiency. Oracle Corporation Australia’s NetSuite is highlighted for its ability to integrate finance, supply chain, and human resources into a unified cloud platform. This technology utilizes artificial intelligence to automate routine tasks, enhance forecasting accuracy, and provide predictive insights to help organizations manage market volatility.

In the public sector, the transition to newer ERP suites presents fiscal and operational challenges. While major Australian agencies such as Home Affairs, Services Australia, the ATO, and Defence rely on SAP software, many are facing the end of mainstream maintenance for older systems like ECC6.

To avoid the high costs and complexities of forced migrations to newer suites like S4/Hana, some experts suggest a third-party maintenance approach. This strategy, referred to as the ‘Rimini Smart Path™’ by Rimini Street, allows agencies to keep existing core systems intact while utilizing third-party support. This method aims to preserve technical assets and allow for innovation in areas like AI and digital services without the disruption of a full software overhaul.

Entities

Australia · NetSuite · Oracle Corporation Australia · Rimini Street · SAP