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Enhancing Business Decisions in Tennessee Through ERP and Analytics

In Tennessee, leveraging ERP systems, analytics, and strategic insights is crucial for improving business decision-making. As organizations face challenges such as decreased funding, shifts in funding mixes, and the complexity of grant terms and financial arrangements, these tools become essential. Jan Sylvis, TN Chief of Accounts, emphasizes the importance of integrating these technologies to navigate threats and weaknesses effectively, ensuring organizations can adapt and thrive in a changing economic landscape.

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Enhancing Business Decisions in Tennessee Through ERP and Analytics

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  1. Leveraging ERP, analytics, & Strategic Insight to Make Better Business Decisions in Tennessee

    - Jan Sylvis, TN Chief of Accounts
  2. Threats and weaknesses Decreased funding Shift in funding mix More complex grant terms More complex commerce and financial arrangements Decreased accounting discipline Increase in transaction volumes Out-dated total compensation package Out-dated civil service system
  3. Strengths ERP system providing a common platform Some centralized functions Political will
  4. Opportunities Further centralization Revised total compensation package More timely financial reporting – internal/external Revised civil service system
  5. Resources Oracle Insight reports Hackett reports Metaformers reports Corporate experience Heritage employee experience
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