Submitted by Akshay on
Are you having trouble keeping up with your business inventory, sales forecasts, and different running software for front-end applications and marketing? Perhaps it's time to consider getting a corporate ERP (Enterprise Resource Planning) system for your organization.
Organizations often demand instant and economical business solutions that are easy to maintain and let them maximize their ROIs (return on investments). ERPs have become an ideal choice for organizations because they are efficient in giving both executives and employees a more rounded view of business operations any time. In fact, ERPs are not limited to multi-million dollar enterprises. Micro to small businesses and start-ups are also already deploying ERP systems.
That said, how can your business benefit from an ERP system? Here are the top four reasons why business owners walk down that ERP path:
Comprehensive accounting and inventory management
The first sign that your growing business needs an ERP is when your accounting department is still manually performing invoices and sales, cross-posting financial details, re-entering numbers, and creating financial reports through immeasurable spreadsheets for hours on end. When your business operations such as management, inventory, and customer information are run separately, it can cause serious issues across your organization.
Time to put an end to this with the right ERP software. ERPs enable you to maintain detailed inventory transactions and records, keep your inventory volumes at an optimum level, and keep track of your financial resources. ERPs help your accounting staff deliver critical reports without any delays and help them be more productive. Plus, your staff in every department can have access to the same, up-to-the-minute transactions such as order issues, sales status, payments, etc. if they are required.
Easy access to business operations
It is vital that your staff could get a view of your business marketing projects (along with key performance indicators and metrics), inventory, and applications. If your organization is still relying on manually updating spreadsheets and customer information, sales management could get delayed. With an ERP business solution, your employees could get access to key data instantly. They can easily receive updated information they need to get their work done more efficiently.
Reduction in operational IT costs
Who needs multiple systems when you can get things done with just an ERP system? When front- and back-end systems operate separately, it can cause disaster on processes that make sure your organization is running smoothly. ERP systems integrate these applications so that every business function depends on a single database. This integration improves communication among various departments, and in turn, provides a point of efficiency in the planning, manufacturing, and decision-making processes. This efficiency will result in lower IT costs, lesser marketing expenses, and a fewer need for help desk support.
Effective human resources management
ERP systems are designed to help businesses improve their human resource management. There are applications integrated into the ERP software, where its functionality is used to handle employee directories, timesheets, enterprise social network, leaves and fleet management.
Indeed, ERP technology can provide you all the strategic benefits that your business needs.
And we are not just talking about a traditional ERP. Consider getting a Corporate ERP – one that goes beyond coverage of traditional ERP systems. With Everdata’s Open ERP software, you will get all the benefits of a standard ERP system and more as your organization grows.
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