Digitalization Adoption Hampered by Cost, Commitment

Digitalization Adoption Hampered by Cost, Commitment

In the rapidly evolving digital landscape, small businesses in the Philippines face significant challenges in adopting digitalization. Many of these businesses, often family-owned, rely on traditional methods for bookkeeping and inventory management, and are hesitant to invest in digital solutions due to cost and commitment concerns. However, there is a growing openness among younger generations to embrace digital transformation. The potential of Enterprise Resource Planning (ERP) software in managing business activities is also highlighted, offering a promising avenue for these businesses to streamline their operations and become more efficient. Read more about it here:

https://www.manilatimes.net/2023/10/01/business/sunday-business-it/digitalization-adoption-hampered-by-cost-commitment/1912594?fbclid=IwAR0pwAszbaKSFMMt-8BdSiNXozF0wO_9d3eX0-WPQt-CMUIO6kDHYt2wz8U