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Workflow gaps in ERP systems, like manual handoffs and unaddressed exceptions, can erode up to 20% of productivity, leading to errors, delays, and multimillion-dollar setbacks, as seen in case studies. Emerging AI-driven automation promises to bridge these gaps by 2025, boosting efficiency through real-time resolutions and tailored integrations. Businesses must audit and automate workflows to maximize ERP returns.
Snyk's AI Readiness Framework is your roadmap for building and maturing secure AI development practices in the new AI risk landscape.
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New York startup DualEntry raised $90 million in Series A funding, led by Lightspeed and Khosla Ventures, valuing it at $415 million. The AI-driven ERP platform automates business functions like finance and supply chain to challenge giants like SAP and Oracle. Funds will expand the team and accelerate development for a 2026 rollout.
Catapult has launched Slingshot for Finance, a pre-configured package for Microsoft Dynamics 365 Business Central, designed to accelerate ERP adoption for midsized businesses by slashing deployment times, ensuring predictable pricing, and enabling scalable growth. It focuses on core finance processes with AI integration, addressing legacy system migration challenges while promoting efficiency and agility.
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The global ERP software market, valued at around $55 billion in 2024, is projected to grow to $115-229 billion by 2032-2033 at CAGRs of 8-11%, driven by cloud adoption, AI integration, and emerging technologies like IoT and blockchain. This evolution enhances operational efficiency across sectors, despite challenges like costs and security.
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