Signs that your Business needs an ERP solution
ERP technologies improve business processes to a better management, productivity, and efficiency. They integrate critical business functions like HR, supply chain, procurement, and manufacturing into a single system. Growing organizations need to ERP systems to boost the scale of their operations.
The ability of a business to in a competitive environment depends on the effectiveness of its ERP system. It enhances productivity, effectiveness, and agility. Businesses use ERP systems for the multiple benefits they provide like banking, retail, steel, pharmaceuticals, chemicals, agriculture, and engineering.
We, at ProTech, provide cost-effective custom ERP solutions development services to fulfill your unique business requirements. We business leaders to make informed decisions by generating essential business insights and creating an intuitive ERP user interface.
Because every company is unique, there's no single indicator that says, "You need ERP now!" However, is your business facing some of issues? Read on to discover the top signs that your company is ready for ERP.
The top signs that your company is ready for ERP
- Have Lots of Different System for Different Processes
Do accounting staff use one system for receivables and payables, and sales use another to enter in customer orders? Is the process of taking those orders and getting them and into accounting a time-sucking manual process? Do employees in your warehouse use a completely different solution to track shipping and receiving?
When various front- and back-end systems run separately, it can wreak havoc on the processes that meant to ensure your company is running smoothly. Without accurate data from sales, inventory management may suffer, while not having the latest information from accounting can effect on everything from marketing budgets to payroll.
Profusion ERP integrates these systems so that every business function relies on a single database. With one source of information that contains accurate, real-time data, Profusion ERP solution, helps staff make better decisions more quickly and frees up their time to work on more high-value exercises like helping the business grow even faster.
- Don't Have Easy Access to Information About Your Business
If someone asked you what your average sales margin is, how long would it take you to find out? What about other key performance metrics, like orders per day or sales to date? For companies that rely on spreadsheets that need to be constantly updated and reconciled manually, it could be a long wait.
Business is faster than ever before, which means employees across your company need immediate access to key data. With Profusion ERP®, executives can get a view of business operations at any time, while other staff can get the information they need to do their jobs more effectively. For example, sales representatives should be able to view a customer's full transaction history and improve renewal rates while increasing upsell and cross-sell opportunities.
- Accounting Takes Longer and Is More Difficult
Often, the first signs that your company needs ERP system will come from your accounting department. If your employees rely on paper-based invoices and sales orders—and spend hours every week manually entering them into different accounting and sales systems—you need to consider how much time is being wasted on tasks that Profusion ERP® can handle in an instant.
The same goes for financial reporting—if it takes ages to consolidate or reconcile financial information across systems and through countless spreadsheets, Profusion ERP® can make a significant impact. With all financials in a single database, accounting staff won't have to spend hours cross-posting information, rekeying numbers, or reconciling data manually. Your accounting staff will be more productive, freeing them to deliver critical reports without delays and frustration.
- Sales and the Customer Experience Are Suffering
As companies grow, one of the biggest challenges is often inventory management. Ensuring that the right amount of products is in the right location at the right time is a part of business operations.
When sales, inventory and customer data maintained separately, it create serious problems across your company. If you run out of a popular product, sales will be off until the next shipment arrives. Meanwhile, if a customer calls to inquire about an order and employees can't track it to see if it's been shipped — or if it's even in stock — your company will start to develop a poor reputation for reliability and service.
With Profusion ERP®, on the other hand, staff in every department will have access to the same, up-to-the-minute information. Customer-facing reps should be able to answer customer’s questions about order and shipping status, payment status, service issues, etc., without having to hang up the phone and check with another department. Better yet, customers should be able to simply go online to their account and view status information. Meanwhile, the warehouse manager can see that stock is getting low and can reorder.
Our business solution can give you the agility to respond to changing business needs rapidly. In addition, system updates are no longer an issue, and new functions are easy to add as your business grows and changes.
To learn more about why an ERP like Profusion ERP® is ideal for your business, call us today!