Before and after. Does your system support look like this? If so, it might be time to consider a cloud-based ERP system.
As every company is unique, there’s no single indicator that says, ‘You need a new ERP now!’. Yet the companies that would benefit most from a new ERP software often face familiar problems and frustrations—financials taking longer to reconcile, sales forecasts based on guesswork not data, inventory in a mess, and customer satisfaction faltering.
This blogpost aims to help you decide if you're ready for a new ERP system.
Do accounting, sales, the warehouse and so on, all use different applications? When front- and back-end systems run separately, it can cause chaos on the processes designed to ensure the business runs smoothly. A modern integrated ERP software offers support for all your business processes in one unified platform, so every business function relies on a single and same database.
What’s your sales margin, average orders a day, sales to date, or net profit? For companies that rely on siloed systems and spreadsheets that need to be updated constantly and reconciled manually, it takes ages to find out. A modern ERP delivers greater visibility and sharable, real-time data for faster decision-making.
Often, the first noticeable signs that your company need a new ERP system will come from accounting. Paper-based invoices and sales orders, repetitive processes and manual entering. If it takes ages to consolidate or resolve financials across systems and spreadsheets, a new modern integrated ERP solution can make a massive difference.
If sales, inventory and customer data are maintained separately, serious problems can emerge across your company. If a customer calls to inquire about an order and staff can’t track it to see if it’s shipped—or even in stock—your company will start to develop a poor reputation. The right ERP can turn this around.
Customising disparate systems, integrating them and maintaining them with patches and upgrades is often complex, costly, and impair critical resources. Rather than add more software and complexity to an ineffective system, ERP can give you the agility to respond to changing business needs rapidly.
By identifying the above, or equivalent, critical signs in your business, you can invest in a new, modern ERP system in time to improve your company's efficiency, growth and increase both your customers' and employees' satisfaction and thereby gain an advantage over your competitors.
We at xperitus are experts in ERP systems. Feel free to contact us to learn more about ERP systems and how we can help your company. Schedule a free consultation by filling in the form, and we will contact you.