5 proven signs that your business needs an ERP software
As your business expands and its operations scale up, the conventional workflows and processes become inefficient to deal with rising complexities. Your legacy software tends to lag behind in this period of rise and your business is left behind to face hampered productivity. Most of the legacy software serve only a narrow purpose and easily breakdown when flexibility is required off them. In such a scenario, it becomes extremely important to move on to an integrated ERP system and ditch that old hat legacy software. If have been facing these 5 problems, then undoubtedly it is the time for a change:
1.Different software for every function
Software like Tally, Quick books, Excel serve only a bit of your business needs and have become quite adaptable for small businesses. And once they start to expand, these software seem obsolete. If every department of your business uses a different software, then getting a holistic view of your business’s performance is a challenge, and so is managing different sets of software. A clear antidote to this is an integrated ERP software that works in sync with every department and can get you a bird eye view of your entire business
2.No/Limited access to business information
When data gets a presentable format, it results in information. If your business produces tons of data every month and you find it hard to extract information out of it, then it is a clear case of mismanagement of business data. This is a clear pointer towards much-needed ERP system that can collate data from different departments and provide you with customizable reports and insights, within a matter of few clicks.
3.Declining sales performance
Your sales people use excel sheets to manage their customer data and do not have any clear information about their sales pipeline. When sales, inventory and customer data aren’t integrated, it can create major problems for your growth. In this scenario, your sales team wastes too much time collecting customer data rather than doing actual sales. The customer relationship management (CRM) module in the ERP system helps you manage your entire sales pipeline and provides mission critical information within a matter of seconds
Across departments, you come around common issues like missing details, unorganized data, important actionable tasks being overlooked and resources not being managed properly. This is because there is no standard workflow across departments and each employee has his/her own way of accomplishing a task. An ERP solution helps you overcome these glitches by putting in place a standard process that your employees can adhere to. This increases their productivity and allows them to do more in less amount of time.
5.Not able to access business information remotely
Businesses no more reside in bricks and mortar offices these days. You ought to have your business information handy anytime, anywhere, if you need to stay ahead of the competition. A cloud ERP software helps you manage your business from anywhere, anytime. All you need is a computer or a mobile device with internet connection.
Having an ERP system is not a choice these days, and neither is it a luxury that only big companies can or should have. In the present competitive environment, the technology needs of small and big organizations are more or less the same. Consult our ERP specialists today to know more about ERP implementation in your company