When businesses first got a taste of ERP solutions, many sensed that it was the beginning of a major competitive edge. While it would be unfair to deny that ERP brings a host of benefits to an organization, understanding ERP is as important as its advantages. A quick look at some of the benefits of ERP implementation and how it improves productivity and reduces overhead expenses shows that utilizing ERP software can be an excellent move and a steep differentiator in the advancement of your business.
Room For Flexibility
ERP solutions for small business need to be flexible to accommodate the likely growth in the size of business over time. ERP software of good pedigree will be capable of accommodating this growth.
Make sure your software is intuitive.
When making a sizable investment in software, the last thing you want is something that’s difficult and confusing to use. This can end up further complicating your operations. Try out a product demo and read some user reviews before buying. While you can expect a bit of a learner’s curve, this should help you find a product that’s relatively easy to use.
Customer Relationship Management (CRM)
A good CRM with an in-built contact management system to store customer information for quick access with appointment setting is a helpful tool to follow-up on leads or existing customers. It is also crucial for a business to provide assistance to customers in need and troubleshoot before escalation. Keeping track of marketing campaigns and statistical data within the CRM can be an added advantage.
Production Cycle Management
Businesses need to track production of all goods at all times. This allows access to valuable information, such as daily, weekly, monthly, and annual production cycles. As a result, keeping a close watch on inventory and manufacturing trends can help minimize complications and ensure meeting consumer demands without overproducing.
Distribution Cycle Management
Distribution cycles are critical for businesses of sizes. Managing them efficiently allows keeping track of products every step of the way. It may include storage along the way until the products are at the point of sale. A convenient access to this information allows operations to run smoothly.
Quality ERP software allows businesses to monitor expenses during each stage of manufacturing and distribution, marketing, and employee payroll. Incorporating some accounting feature to help with taxes allows better assessment of expenses and ensures efficiency.
Look for a product that fulfills your requirements without magnifying expenses. Pick a system that achieves your goals within your financial means. Some products require additional software or hardware. Ensure that your current system meets those requirements.
We will help you understand all the information at your disposal and use it to enable your organization and employees. KNOWARTH has always invested in the most advanced technologies and software in the industry to address our client’s ‘high priority’ issues. We believe in building on our client’s trust by offering services that range from consulting, implementations and support services. This kind of end to end solutions helps our clients invest in our services and make the most of our ERP offerings to streamline processes across their organizations.