Hoistt
Hoistt, a prominent reseller, system integrator, and consulting company, that plays a vital role in numerous system integration and digital transformation initiatives. Hoistt collaboration with software players such as IFS empowers organizations to embrace disruptive technologies and accelerate their journey to the cloud, thus reshaping their business models.
| Reseller and SI | Vendor | Application | Category | Market |
|---|---|---|---|---|
| Hoistt | IFS | IFS Cloud ERP | ERP Financial | ERP Financial Management |
| Logo | Customer | Industry | Empl. | Revenue | Country | Vendor | Product | Category | When | Insight |
|---|---|---|---|---|---|---|---|---|---|---|
|
|
Parexel | Life Sciences | 24000 | $3.0B | United States | IFS | IFS Cloud ERP | ERP Financial | 2022 |
In 2022, Parexel implemented IFS Cloud ERP in the ERP Financial category as part of a broader effort to stabilize financial operations for a 25,000 strong workforce with 150 office locations. The deployment was positioned alongside an enterprise-wide expansion of IFS assyst, creating a coordinated stack for finance, procurement, HR and IT operational workflows.
The IFS Cloud ERP implementation emphasized core ERP Financial capabilities typical of the category, including core financial management, accounts payable and accounts receivable process consolidation, and procurement-related financial controls. Approval workflows and customized request forms were configured on the enterprise service management platform IFS assyst, using drag-and-drop codeless tooling to mirror each business area’s required must-haves and nice-to-haves while minimizing developer effort.
Operational coverage extended across IT, Finance, Procurement and HR, with IFS assyst expanded from an IT tool to handle approximately 4,000 tickets per day and to address the fact that more than 50% of requests were non-IT related. Hardware and software asset management data was consolidated to form a single source of truth, and all internal services were brought under the ESM platform to improve visibility across sites and functions. The implementation was delivered with SI/VAR Hoistt as the supporting partner.
Governance changes included cross-functional process mapping led by the IT team to capture each department’s workflows, and the creation of approval workflows within IFS assyst to enforce business rules and route requests. As a result of the combined IFS Cloud ERP and enterprise IFS assyst rollout, all requests are now handled through IFS assyst, providing Parexel with a single source of truth for updates and streamlining key processes to save time.
|
| First Name | Last Name | Title | Function | Department | Phone | |
|---|---|---|---|---|---|---|
| No data found | ||||||
Buyer Intent: Companies Evaluating Hoistt Services
| Logo | Company | Industry | Employees | Revenue | Country | Evaluated | ||
|---|---|---|---|---|---|---|---|---|
| No data found | ||||||||