How can an ERP system improve your business?
An ERP (Enterprise resource planning) system is an extremely useful piece of software. All businesses should have or plan to integrate an ERP into their business processes.
An ERP is an extremely powerful system, with the ability to pull in data from many different business functions, which can result in many improvements for businesses from better productivity and efficiency, decision making and even stock management.
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How does it do this?
An ERP doesn’t come in a one size fits all package, although they all claim to do everything. The detail in each is different and may better suit specific business industries and have varying ability to tailor to meet user’s specific needs.
An ERP works by pulling data in from all different functions of a business, and stores it all in one place. By doing this it can streamline business processes which opens up new capabilities that were not possible beforehand.
How would this improve a business?
There are many advantages that an ERP can bring to a company. Some examples of how your business could be improved:
An ERP doesn’t only collect data, it helps you sort, analyse and create information with ease. Real-time data collection leads to extremely accurate and relevant data with which to work. An ERP can also enable you to create bespoke reports for individual roles and sectors of the business.
With improved reporting comes greater insight and visibility into all business operations, helping with clearer business decisions based on facts.
Order management is more effective as an ERP can track and collect data from the whole life of an order. All the way through the process from the initial enquiry to the delivery of the product and everything in between. Employees from the warehouse up to the admin staff in the office can access this information and process any actions through the ERP.
An ERP can also help with cost saving, due to the fact that with one source of accurate and relevant data, an ERP enables planning, and reduces the need for administration and operational costs. It also allows the chance for operations to be managed in real-time helping pick up on any disruptions and delays.
One of the most important issues that business is facing today is security. Data security is key for a business, especially with the new GDPR regulations. With the use of an ERP, data security is less of a worry. Administrators can put restrictions in place for certain employee groups allowing management of data. Other software such as firewalls can even be built into an ERP system to further help secure data.
The list is endless as to how an ERP can help improve your business. If you do not yet have an ERP integrated into your business, unless a micro-SME, we would seriously consider looking at some more of the benefits an ERP can bring to your business and start to plan accordingly in order to integrate the right system for your business.
If you’ve like to find out more, contact us today for an initial, no obligation discussion about your aspirations and how we can help you and your business deliver your vision for the future on +44 (0) 1282 463710.
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