Signs That Your Business is Ready For an ERP System:
Does this sound familiar? Your business has expanded quickly and your staff is being pushed to their limits, most of them are buried in paperwork, deadlines are being missed, customers are not getting the attention they have become accustomed to and your operations are a tangled mess of separate software systems. If you are nodding your head yes right now, it might be time to look into implementing an Enterprise Resource Planning (ERP) System.
Enterprise resource planning (ERP) is business process management software that allows an organization to use a system of integrated applications to manage the business and automate many back office functions related to technology, services and human resources. (Thank you Webopedia). An ERP system reaches out to all the following processes within your business:
Some signs that your business is ready for ERP:
Accounting processes become a nightmare!
If you’re spending a lot of time on record keeping and accounting is being reconciled across different systems, or if you need to manually enter information, accounting tasks end up taking much longer than they should and the results are often inaccurate. An ERP system will simplify and partially-automate the record keeping process for you, so that you can spend your time analysing and creating ways to improve your business instead of struggling to keep track of it
Missing or inaccurate data.
If you’re using different processes across the company, it becomes nearly impossible to have an accurate account of your inventory. And if you don’t have the necessary number of products in the correct location, you can significantly affect a customer’s experience. ERP solutions communicate across all of your systems, eliminating all guess work.
Using your business software is too confusing and takes a lot of time.
Using different software systems for each process creates unnecessary work and confusion. For example, if you are using different software to manage accounting, operations, sales and supply chain, people have to work a lot harder to fill in the gaps and coordinate the information flow between departments. ERP software allows you to access your entire system anytime from anywhere, even if you are working from home.
You’ve reached your limits.
Small business software is meant for just that, small businesses. As your business grows, so will your number of transactions, clients, employees, orders and inventory items. If you find you are reaching the limits of your current software, it’s usually a good sign that it’s time to upgrade to an ERP.
Technologies fail to scale.
If you have to replace software and devices every time your business adds a new component, there is a good chance that your business system is ready for an upgrade. An ERP system will grow and evolve with your business seamlessly.
Only specific people have access to important data about your business.
ERP systems increase and improve interaction internally, as well as between customers and suppliers. ERP systems make reliable information available at each person’s fingertips.
There is a disconnect between departments.
Without ERP to bind everything together, departments aren’t coordinated. This allows for mistakes to be made, and without a system in place, there are slow response times for correcting these mistakes. Often the customers are the first ones to point this out.
If you’ve been considering an upgrade to your current business software, please call Compusoft Australia on 02 9597 4377 or visit our website at www.compusoftaus.com.au