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Shivmohan Purohit
Solution and Implementation Expert in Oracle Cloud ERP - Financials, Procurement & Reporting
Shivmohan Purohit is an experienced Oracle consulting professional and digital transformation advisor currently serving as the Chief Operating Officer at Rostan Technologies Pvt. Ltd., an Oracle Gold Partner.47 He has extensive expertise in Oracle applications, particularly in Oracle Cloud Financials and Project Portfolio Management (PPM).2
Purohit holds several professional certifications, including Certified Scrum Master (CSM), ICAgile Certified Professional in Agile Coaching (ICP-ACC), Project Management Professional (PMP), ITIL, and an executive MBA.23 His LinkedIn username is shivmohan79.5
In his role, Purohit focuses on:
- Transforming businesses and IT using modern and digital methods
- Building new offerings for innovative solutions
- Providing digital transformation advisory services6
Purohit is also known for operating a website called Known Oracle, which shares knowledge about Oracle ERP with other consultants. The site is highly regarded, receiving over 10,000 visits per week.1
As a thought leader in the Oracle and ERP space, Purohit regularly shares insights and information on his LinkedIn profile, contributing to discussions on topics such as business development, team training, and accounts payable processes.78
Highlights
4 factors to consider for growing your career
Over the last few months, I’ve received 100+ requests on LinkedIn from early career professionals for guidance on building a career in finance and economics, and breaking into new roles, especially in today’s uncertain environment.
Here’s a quick 4-variable framework that I’ve found very helpful in guiding my career and thinking about career choices:
1️⃣ Building depth of experience: The first variable I always consider is whether an opportunity will help in building depth in a certain field or skill. While I was studying economics, I learned about economies of scale – over time, as you continue to produce more of the same thing and specialize in it, costs decline and unit economics become favorable. The same is true for building depth of experience: the more experience you accumulate, the more efficient you are at doing things, and the higher the payoffs are. While exploring different careers paths might be good at the very beginning of your career, the payoffs from this diminish very quickly over time, especially as tech tools become better at automating basic tasks.
2️⃣ Developing soft skills: The second variable I like to focus on is development of soft skills. Over my career, I’ve found that education systems focus heavily on developing technical skills, whereas we underinvest in soft skills. However, in a corporate world, soft skills are equally important, and their importance increases as climb-up the ladder to manager, director, CEO.. Finding opportunities to develop soft-skills like effective communication, team management, and emotional intelligence, amongst others, through your work is crucial to progress, and the earlier you start developing these skills, the better off you are.
3️⃣ Financial incentive: The third factor is financial incentives – financial incentives are a big motivation to give in your best and excel. Nowadays incentives include both financial as well as non-financial incentives like health insurance, flexible work environment, etc. Before taking up any opportunity, be aware of both the financial and non-financial incentives that are being offered, and what’s happening in your industry to better negotiate.
4️⃣ Growth potential: And finally, the last factor to consider is growth potential. In economics, I studied about the trade-off between current consumption and future consumption: if you consume more today, you are taking away from your future consumption. While choosing between different opportunities, you maybe faced with a similar trade-off: does a higher salary today mean a lower growth in the future? Alternatively, maybe a lower salary today entails exponentially higher growth in the future. While choosing between these options depends on personal circumstances, being aware of your choice is important to know where you stand, how to invest your money, and how to switch between these options over time.
#finance #economics #jobs #hiring #personaldevelopment

Enterprise Resource Planning (ERP) Customization: Beneficial or Detrimental? An undeniably large proportion of businesses, approximately 95%, adapt their ERP systems during the implementation phase to align more accurately with their operational procedures. It begs the question, however: does this adaptation offer more advantages or disadvantages? On the Positive Side:
- A custom ERP system aligns distinctly with a company's specific operational structure, which significantly boosts efficiency and productivity.
- Specialized features may increase the company's competitive advantage, therefore, fostering customer satisfaction.
- A tailored, user-oriented interface propels quick adaptation and increased usage amongst employees.
- An abundance of detailed and relevant data facilitates superior decision-making processes, a prerequisite for industries with complex operations. On the Negative Side:
- Costs may rise exponentially, and timelines may be extended.
- Upgrades and routine maintenance may become complex due to custom alterations.
- There's an increased risk of technical errors and potential integration issues.
- Heavy reliance on certain personnel may pose a risk for the business. The Optimal Approach: Balance. It is fundamentally crucial to foster a delicate balance between customization and standardization. Conducting an in-depth audit of specific needs and approving only necessary processes for customization is key. Exploring configuration options before settling for customized solutions is advised. In the pursuit of smart customization, it is pertinent to evaluate the potential long-term implications. hashtag
#ERP #Customization #BusinessSolutions #DigitalTransformation #Productivity
