What Is ERP Software?

Signs You Need an ERP Software Solution

A good ERP software system is a fundamental part of any modern business. Does the system you currently have in place meet all your needs? Can your current solution support growth and help to future-proof your organisation? Some common signs that you should be looking at ERP software are as follows:

Can you answer top-level questions?

If someone came into your business and asked you what your most popular product was last year, or how effectively you delivered on projects in the last three months, could you answer them easily? If not, it means you are not using your data effectively.

Using data to provide insight strengthens your organisation's capabilities and also helps to improve decision-making across the business and improves processes, ultimately affecting your company’s bottom line. 

Your systems don't connect

If your business runs separate systems for different departments your employees will be undertaking more manual work than necessary and data will be more susceptible to human mistakes. ERP solutions will give you visibility across your entire business, connecting information from each department, which eliminates duplicate data and inaccuracies.

Do you have access to real-time reports?

Real-time information is the key to cutting out any inefficiencies within your operations. Having access to up-to-the-minute information is extremely valuable as it gives you unique insights and helps with critical decision-making, which can impact the future of your business. Gathering insights from across your entire organisation can be used to introduce improvements on a constant and real-time basis.

You’re struggling to meet customer expectations

Your customers have high expectations, but your current system may hinder your ability to provide good, consistent service. Modern ERP software solutions offer a centralised communication tool for efficient and personalised service, which will increase customer satisfaction. In addition, access to data which provides a complete view of your customers will help you to build stronger engagements with them.

You're not making the most of automation

Using spreadsheets for tracking or reporting can leave you vulnerable to mistakes and will be a big drain on your company’s resources if they are being used to perform tasks that an ERP system can do. A modern ERP software system will give you the benefit of automation, which leads to fewer errors, improved efficiency and faster decision-making – overall providing streamlined business processes.

Do your employees work remotely?

Remote working is on the rise. ERP software will allow access on mobile devices, so your staff can work effectively wherever they are – at the office, on-site with a customer, at home, or on the go.

Affordable ERP Software Solutions

The introduction of cloud-based and modular ERP software has made the cost more affordable and has opened the possibility of smaller organisations utilising an ERP system. Find out more about affordable ERP systems for small and medium businesses.