# Role of ERP Modernization in Digital Transformation: PeopleSoft Insight

**Authors:** Chandra Rawat  
**arXiv:** [2303.03224](https://arxiv.org/abs/2303.03224)  
**Date:** 2023-03-06  
**Summary page:** https://www.summarizepaper.com/en/paper/2303.03224v1/

## Key points

- The role of ERP systems in digital transformation strategies is crucial for modern businesses to stay competitive
- ERP modernization refers to updating an organization's ERP system to leverage the latest technological advancements and features
- PeopleSoft is a widely used ERP system that has served organizations for over three decades
- Low-code and no-code platforms are IT tools that facilitate rapid development of business applications and should be supported by modern ERP systems
- Factors such as scalability, security, and user experience should be considered when modernizing ERP systems
- Modern ERP systems like PeopleSoft can enhance operational efficiency, streamline processes, improve decision-making capabilities, and help achieve digital transformation goals.

## Summary

The role of Enterprise Resource Planning (ERP) systems in digital transformation strategies has become crucial for modern businesses to stay competitive in the fast-paced digital landscape. ERP modernization refers to updating an organization's ERP system to leverage the latest technological advancements and features. This article focuses on the role of ERP modernization in digital transformation, specifically highlighting the PeopleSoft ERP system and its capabilities in supporting digital transformation initiatives. PeopleSoft, a widely used ERP system, has served organizations for over three decades. The article explores the functionalities of a modern ERP system and the benefits that organizations can derive from implementing it. It also addresses the challenges faced by organizations when modernizing their ERP systems and provides practical recommendations for overcoming these challenges. One important aspect discussed is low-code and no-code platforms, which are IT tools that facilitate rapid development of business applications. These platforms help organizations speed up their application development process, reduce development time and cost, and enable faster prototyping and iteration. Modern ERP systems should have functionality to support these platforms. The article emphasizes factors such as scalability, security, and user experience while modernizing ERP systems. Scalability ensures that the system can handle increasing data volumes and user demands without compromising performance. Security measures are essential to protect sensitive data from cyber threats. User experience plays a vital role in ensuring user adoption and satisfaction with the new system. Overall, this article provides valuable insights into how ERP modernization contributes to digital transformation efforts. By leveraging advanced technologies and features offered by modern ERP systems like PeopleSoft, organizations can enhance their operational efficiency, streamline processes, improve decision-making capabilities, and ultimately achieve their digital transformation goals.