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April 21, 2023
5 Reasons Your Small Business Needs a ERP
Enterprise Resource Planning (ERP) solutions include all your business's tools to operate from a single, integrated solution. Robust systems such as SAP Business One allow managing everything from accounts and finances to suppliers, customers, and inventory from a centralized database.
Working with manual systems or legacy software within small businesses will restrict growth, hinder innovation, and impact customer satisfaction standards. Forward-thinking competitors are leaving behind companies that are using outdated methods.
ERP solutions can be crucial in a company’s digital transformation project. Users can enjoy the flexibility and freedom of the cloud, while key stakeholders can make more strategic decisions by working with real-time, accurate data.
Here are our top five reasons why your small business needs an ERP solution:
Duplication
Are you tired of keying in data into multiple systems or repeating the same process over and over again? You will always be duplicating efforts when you work without centralized operations control. If your team wastes time on repetitive tasks, it’s time to integrate and automate. ERP solutions are proven to boost levels of productivity and efficiency instantly.
Planning
How long does it take for essential reports to be generated in your company? If you have to extract data from disparate systems and then try and patch it all together in Excel, it’s additional time wasted in your business. Planning is one of the essential elements of any company. But if you take days or weeks to decide, opportunities will often pass you by. An ERP solution helps identify trends and provides instant and accurate insight into cash, raw materials, goods, or labor levels. Finally, you can stop making decisions in the dark.
Human Error
Are poorly managed spreadsheets or issues around data duplication impacting your reports? Typically, the easier and faster it is to collect data, the simpler and better it is. When you work with an ERP solution, you have a ‘single source of the truth’ with data stored on a centralized database. Not only is data management simplified, but it dramatically reduces the likeliness of human error with so many processes automated and digitalized.
Communication
Are you tired of your departments each working from different systems? To improve collaboration and productivity, you need to turn to ERP. Simplify your IT landscape and bring your team closer by working on a single, integrated system. The sooner you improve internal collaborations and communication within your business, the quicker you can make smarter, more informed decisions.
Connectivity
The days of being chained to your desk are long gone. So, too, is the traditional 9-5 hours. Employees now expect access to information from multiple devices at their fingertips. With ERP, you can access, track, and manage your business in real time, regardless of time or location. In SAP Business One, for example, users can access their solution via desktop, mobile, tablet, and the new web client. It’s fast, convenient, and easy to connect to your business.
Business management software generates value, reduces costs, and helps to increase profits. Market-leading ERP solutions are designed, developed, and explicitly priced for growing SMEs. Contact us today to learn how SAP Business One can help your small business.
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