ISG Software Research Analyst Perspectives (52)

A Virtual Audit Enables Savings Through Efficiency

Posted by Robert Kugel on 05 April 2021

The challenges of the pandemic prevented auditors from visiting client offices, which led to widespread adoption of remote audit processes. Although there are outward similarities between a remote audit and a virtual audit, they aren’t the same. A remote audit uses technology to adapt the existing audit processes to an environment where in-person interactions are impossible. A virtual audit uses... Read More

Topics: Office of Finance, Financial Performance Management, ERP and Continuous Accounting

2021 Analytics and Data Value Index: Market Observations and Perspective

Posted by David Menninger on 02 April 2021

Having just completed the 2021 Ventana Research Value Index for Analytics and Data, I want to share some of my observations about how the market has advanced since our assessment two years ago. The analytics software market is quite mature and products from any of the vendors we assess can be used to effectively deliver information to help your organization improve its operations. However, it’s... Read More

Topics: Big Data, Key Performance Indictors, embedded analytics, exadata, Analytics, Business Collaboration, Business Intelligence, Collaboration, Data Preparation, Digital Technology, natural language processing, Conversational Computing, collaborative computing, mobile computing, AI and Machine Learning

Streamlining Spending for Savings and Control

Posted by Robert Kugel on 02 April 2021

Irked by the need to account for every penny of his college expenses, poet Robert Frost penned the lines: Never ask of money spent Where the spender thinks it went. Nobody was ever meant To remember or invent What he did with every cent. Though Frost might bristle, in our digital age, it is possible to keep track of even trivial outlays with a minimum of effort. Every cent, in fact. Historically,... Read More

Topics: Office of Finance, Financial Performance Management, ERP and Continuous Accounting

The Value Index for Analytics and Data Classifies and Rates Vendors

Posted by David Menninger on 01 April 2021

I am happy to share insights gleaned from our latest Value Index research, an assessment of how well vendors’ offerings meet buyers’ requirements. The Ventana Research Value Index: Analytics and Data 2021 is the distillation of a year of market and product research by Ventana Research. Drawing on our Benchmark Research, we apply a structured methodology built on evaluation categories that reflect... Read More

Topics: Big Data, Analytics

8x8 Shows Why CCaaS and UCaaS Should be Unified

Posted by Keith Dawson on 30 March 2021

The pandemic accelerated several trends in the contact-center industry that were already underway, chiefly: moving infrastructure and software applications to the cloud, and rethinking the process of managing agents. One byproduct of these trends is a renewed look at the similarities between business-phone systems (also known as unified communications, or UC) and contact center systems (CC).... Read More

Topics: Customer Experience, Analytics, Collaboration, Contact Center, agent management, AI and Machine Learning

Robotic Process Automation is a Core Finance Competency

Posted by Robert Kugel on 30 March 2021

Robotic Process Automation (RPA) has emerged as a core digital technology for finance and accounting organizations. It can drive significant gains in productivity and efficiency by automating mechanical, repetitive accounting processes in a continuous, end-to-end fashion. RPA improves efficiency, ensures data integrity and enhances visibility into processes. There is a strong business case for... Read More

Topics: Office of Finance, Business Planning, Financial Performance Management, Price and Revenue Management, ERP and Continuous Accounting, robotic finance, Predictive Planning

Salesforce Service Cloud: Contact Center with Workforce Engagement

Posted by Keith Dawson on 24 March 2021

The modern contact center relies heavily on software that enables agents to perform multiple complex tasks while simultaneously managing the customer-facing side of interactions. This has allowed CRM vendors to build tools, such as agent desktop interfaces, that control virtually all aspects of the service environment. Salesforce has been steadily growing its influence over the service... Read More

Topics: Sales, Customer Experience, Voice of the Customer, Contact Center, Sales Performance Management, Workforce Management, agent management, sales enablement

The Mandate for Contact Center and Agent Management

Posted by Keith Dawson on 22 March 2021

The ways in which consumers engage with organizations have changed. Long-established communication channels such as the telephone, email and company websites are still used, but many consumers now prefer to use text messages, online chat, social media, virtual agents and applications on their mobile devices to contact the company and address issues. As a result, organizations have had to add... Read More

Topics: Customer Experience, Contact Center, agent management

Content Guru Brings CCaaS with Confidence to US

Posted by Keith Dawson on 19 March 2021

Shifts in the market due to the pandemic have upended the contact center marketplace, accelerating the inevitable migration of infrastructure to the cloud and changing the way agents are managed. The pandemic also increased the dependence customers have on contact centers in the absence of in-store buying. This has made it an interesting time to be a Contact Center as a Service (CCaaS) vendor.... Read More

Topics: Customer Experience, Voice of the Customer, Contact Center, agent management

Salesforce Sales Cloud: Evolving to Meet the 360 Needs of Sales

Posted by Stephen Hurrell on 18 March 2021

There is no doubt that the pandemic has accelerated the existing need for new technology that can help sales professionals do their jobs well in this quickly evolving market. In addition, market trends are driving the need for functionality that is aimed at the front-line sales professional and the manager, highlighting the demand for tools that can help arrest the decline in quota attainment, as... Read More

Topics: Sales, embedded analytics, Analytics, Internet of Things, Sales Performance Management, natural language processing, sales enablement, AI and Machine Learning

Microsoft Azure: Cloud Computing for Data and Analytics

Posted by David Menninger on 17 March 2021

Organizations are increasingly using data as a strategic asset, which makes data services critical. Huge volumes of data need to be stored, managed, discovered and analyzed. Cloud computing and storage approaches provide enterprises with various capabilities to store and process their data in third-party data centers. The advent of data platforms previously discussed here are essential for... Read More

Topics: embedded analytics, Analytics, Business Intelligence, Collaboration, Data Governance, Data Lake, Data Preparation, Data, AI and Machine Learning, Microsoft Azure

Customer Data Platforms: Essential for Effective Customer Experience

Posted by Keith Dawson on 16 March 2021

Since customer data platforms (CDP) emerged in the marketplace about five years ago, there has been debate about what roles they fill, especially within customer service organizations. They were originally developed by small software firms to provide marketing teams with a comprehensive view of customer records. Those records could be scattered throughout an organization, siloed by system and... Read More

Topics: Customer Experience, Marketing, data artisan, Data Governance, Data Lake, Data Preparation, Data, Information Management (IM), intelligent marketing

Revenue Management: The Opportunity for Innovation and Optimization

Posted by Stephen Hurrell on 15 March 2021

With modern enterprises adopting and expanding their digital business with subscription and usage business, organizations need to think beyond the primacy of sales as their source of business success. A sustained customer experience is key, representing an organizational and cultural shift from the traditional emphasis on new sales to an equally important focus on customer retention and... Read More

Topics: Sales, Marketing, Analytics, Product Information Management, Sales Performance Management, Financial Performance Management, Price and Revenue Management, Digital Commerce, Subscription Management

The New Verint: Experiences and Engagement with Customers

Posted by Keith Dawson on 12 March 2021

Verint has recently separated into two companies, one of which is a dedicated provider of software focused on customer engagement and will keep the Verint name. (The other is called Cognyte and focused on security analytics.) There are many reasons for the split but key among them is a long-term change in how organizations procure software designed to engage customers and handle interactions... Read More

Topics: Customer Experience, Voice of the Customer, Analytics, Contact Center, agent management

HR Technology in M&As: The Tipping Point Has Arrived

Posted by ISG Research on 09 March 2021

Simply defined, an “HR-M&A lifecycle” is the sequence of critical workforce and HR-related activities and decisions that span due diligence through business integration after an M&A event is announced. Until recently, these potentially game-changing events were not the province or focus of HR technology offerings. This is due in part to HCM systems that, historically, were designed primarily to... Read More

Topics: Human Capital Management, Workforce Management, Total Compensation Management, employee experience

The One HCM System Imperative to Put People First

Posted by ISG Research on 05 March 2021

Even the most casual observer of HR Technology trends and associated vendor marketing themes will have noticed that the notion of “putting people first” has become ubiquitous as a way for vendors to distinguish themselves. This has become a double-edged sword. Customers ultimately benefit from the intense competition to add functionality that supports this claim, resulting in richer and more... Read More

Topics: Human Capital Management, Workforce Management, Total Compensation Management, employee experience

SAP Service Cloud Bridges the Contact Center and the Back Office

Posted by Keith Dawson on 04 March 2021

The contact center is still, for most businesses, where customer experience is designed, delivered and measured. And as we might expect, customer experience (CX) tools are migrating from where they started point solutions based on narrow functions into broader suites that encompass multi-departmental functions and reach across customer journeys. The goal is to provide more consistency across... Read More

Topics: Customer Experience, Marketing, Voice of the Customer, Contact Center, Digital Commerce, Enterprise Resource Planning, agent management

Oracle Sales has Priority on Engagement and AI

Posted by Stephen Hurrell on 03 March 2021

The current pandemic has disrupted many of the traditional sales methods used by field-sales organizations to engage, and sell to, buyers. In an effort to provide help, many vendors have recently announced new features that focus less on the management of sales organizations and more on tools to help salespeople sell. This has been coupled with a renewed interest in using data to help with the... Read More

Topics: Sales, Analytics, Data, Product Information Management, Sales Performance Management (SPM), Digital Technology, sales enablement, AI and Machine Learning

The Office of Finance Market Agenda for 2021: Accelerating Adoption of Digital Technology

Posted by Robert Kugel on 28 February 2021

Ventana Research recently announced its 2021 market agenda for the Office of Finance, continuing the guidance we’ve offered since 2003 on the practical use of technology for the finance and accounting department. Our insights and best practices aim to enable organizations to operate with agility and resiliency, improving performance and delivering greater value as a strategic partner. We craft... Read More

Topics: Office of Finance, enterprise profitability management, Business Intelligence, Collaboration, Business Planning, Financial Performance Management, ERP and Continuous Accounting, Revenue, blockchain, robotic finance, Predictive Planning, virtual audit, AI and Machine Learning, virtual close, lease and tax accounting

The Potential of Marketing in 2021: The Market Agenda

Posted by Keith Dawson on 27 February 2021

Ventana Research recently announced its 2021 market agenda in the expertise area of Marketing, continuing the guidance we have offered for nearly two decades to help organizations derive optimal value from business technology and improve outcomes. Chief Marketing Officers are under pressure to spearhead technology investments that better align marketing experiences with their brand and optimize... Read More

Topics: Marketing, Marketing Performance Management, Digital Marketing, intelligent marketing, Digital Experience Platform