Your business has really grown but you’ve reached a point where you feel like you are working hard just to keep the business from going off the rails. Many or most of your processes are labour intensive, you often feel like you are working in the dark and sales or customer service deliverables are being impacted. This is the time where software can really make a significant impact by driving performance, reporting and profitability.
Here are some of the benefits of implementing a business management system such as ERP (Enterprise Resource Planning) software.
Streamline Operations and Optimize Processes
Processes are reviewed and improved during an ERP or business management system implementation. The implementation has us walk through each step you take today and the systems are designed to reduce human required processing and repeat entry of information, processes are improved, staff time to complete processes, enter data and run/view reports are all drastically reduced.
You might identify processes that are unnecessary or provide no value. Or you might find that you have processes that have been developed and morphed over time with no focused planning. Implementing new enterprise software is a good time to review these to determine whether they should be retained and/or improved. When implemented well, ERP software systems enable money-saving automation of processes and collaboration across departments.
Consolidate Multiple Software with Tightly Integrated Software
Within a company, individual departments can become islands separated from the rest of the organization. These islands can also become cultural islands, or they can be data islands created when each department uses separate software.
When implemented well, ERP software systems enable money-saving automation of processes and collaboration across departments.
Islands can also be created when different parts of the company use different processes for inputting and analyzing data. This can create inconsistencies making data across the business unstandardized and hence unreliable, often resulting in a lot of extra work and cost. ERP software helps avoid this issue.
Implementing an integrated ERP system enables shared, standardized data across all departments. For example, when purchasing places an order for new inventory the sales team can immediately see what has been ordered and when it is due to arrive. That customer and product data is entered once and may even be pre-populated for existing clients and be linked to inventory, so no part numbers are entered, they are merely selected.
Increased visibility to data and Real Time Information
An integrated business management system removes information silos and provides permission-based access to real time data. This gives business managers and employees real time visibility into the interrelated parts of your business.
This also provides 24/7/365 access to your workplace, your reports and any actions you wish to take.
How valuable would live visibility into Sales, AR, Cashflow, Quotes, Inventory, Past Client activity (are sales holding but you’re losing long-standing customers and don’t find out until it’s too late?)
One Time Data Entry
Without an integrated ERP system to provide integrated processes, employees need to manually re-enter data into multiple separate systems that each fulfill a different function.
Sales might have one software, purchasing might use another and accounting may use something completely different. An integrated ERP system eliminates the need to re-key data and that reduces the opportunity for error and speeds the sharing of information.
An integrated ERP system supports business intelligence by gathering and standardizing data in one place. That makes it easier to turn that data into actionable information. This business intelligence can provide better insight into your company’s financial position and can help you make informed decisions.
Powerful reporting tools enable creation of user-specific reports that relate to the specific needs and objectives of specific users or groups of employees while providing real time information. Any reports currently generated by bringing the data from 2 or more data sources can be eliminating during implementation and those manual reports can be automated, improving accuracy, live 24/7 and saving all those staff hours.
Improve Your Competitive Advantage
With less time spend on behind the scenes, an integrated software suite enables your people to spend their time focused on serving your customers and doing what you do best. With less time spent duplicating effort and easier access to information your people can be more customer focused. How would your business be impacted with access to real time information? Get in touch to learn more with a no-obligation discussion.