Business Upsides of ERP Systems

Enterprise Resource Planning, better known as ERP, is a central system that streamlines business processes, integrating information into a uniformed data structure. ERPs work as critical business software that allows data to be woven into business processes and increases workflow across departments such as sales, accounting, supply chain, HR, and more. In addition, ERPs work to fill in gaps in the chain of input, throughput and output, making the flow of information as continuous and seamless as possible.

Business Upsides:

Growth & Scalability

Many growing companies eventually reach a point where spreadsheets no longer cut it. At this point, companies must recognize such and work towards a solution; having disjointed and inefficient systems can hold your company back from any further potential growth. Integrating an ERP will open possibilities for your company to grow. They are robust enough to work with large workforces, yet highly flexible and tailored to your independent business needs. An ERP is an asset to company growth and scalability.

Visibility in real-time

Within a company, employees have differing goals and tasks; with ERP, you can see all of these different factors in a single unified area, removing organizational silos, improving communication, and allowing for a transparent line of sight into all business activity. ERP shows exactly what’s happening in each department today, in a week, in 6 weeks, in 6 months. The ability to see both an overview and specific reporting of all data analytics in real-time can be a big difference-maker for businesses and just isn’t possible on spreadsheets (or even worse on pen and paper). ERPs provide improved supply chain visibility by generating data that can anticipate customer demands and responses, sales and inventory forecasts, and much more.

Real-time data processing and reporting lead to a more efficient workplace, enabling each department to be alert to changes, process information quickly, and spend less time making or cleaning up errors, all contributing to the company’s acceleration.

Decreased Costs

Automating simple, repetitive tasks and having cross-company visibility eliminates errors and gaps in the chain of input, throughput, and output, resulting in staggering results of saved costs. All forecasts provided by a uniformed data structure make it easier to spot inefficiencies and appropriately deploy resources. As well, an ERP does not need to be expensive to implement. There are tons of cost-competitive firms that won’t blow your budget.

Employee Satisfaction

Everyone knows that the success of a company depends on the satisfaction and work of their employees. ERPs make employees’ lives easier. It eliminates the time and frustration associated with updating excel sheets or other clunky data systems. Decreasing manual data input makes workers jobs easier, feeding satisfaction and efficiency in the workplace. ERP systems allow data to be accessed from anywhere, and especially in today’s world state, this is a massive advantage to employees. There’s no data clutter; all information is stored in a single portal, making it easy for employees to access what they need when they need it.