If you look at the current scenario of the business world, you will know, it is never easy to keep your customer and employee satisfied.
At the beginning of any startup, handling the business process, finances, and data are much easier for a businessperson. Managing few spreadsheets, monitoring emails send outs and a good website is probably what they all require to keep it going. But as the company grows bigger, they slowly tend to realize the importance of implementing ERP solution in their company.
With the growth of a company, there are a number of things that the business owner need to keep track of. This actually happens in businesses that face rapid growth over a short period of time. So if your company got big enough to realize the importance of resource planning, then this is the time to find out whether your company is ERP ready or not.
There are many signs which shows that you’re ready for an ERP system
We have noticed that most of the companies don’t maintain documents and also more than 95% companies find it difficulty in retrieval of the documents in addition to missing the documents. We have observed that most of the time is wasted in searching and rectification of the mistakes.
Your company expanded its business recently? Did it open numerous operational units at several locations? If your company is going through such growth and there is a distinct increase in the volume of production, workforce and business process.
It is certainly an inconvenience when an employee requires to manage a pile of paperwork. Nobody enjoys keeping note of daily activities or sales of a company manually in such a fast-paced business world. It surely slows down the business process trying to look for the right information when required.
Now when you manage company information with the help of pen & paper, there is every chance for you to misplace important information. This results in wastage of valuable company time trying to look for the information you need.
Due to maintaining company data manually, there is every chance of having insufficient or inaccurate company data. Calculating exact figures is very difficult with such manual method. Not only it provides inconsistent data of figures, but also creates trouble while retrieving your company’s true performance chart.
Any idea how much time an employee can waste over manually inputting company invoices, finances & other related reports into multiple systems? This process sucks up a lot of your valuable company time. It happens normally when your company is still dealing these problems with the old-fashioned way working with accounts & financials in several spreadsheets. But with ERP solution, now you can complete such complex task almost without any hassle immediately.
With accounts and reports generating faster with ERP in the same database, your company can now say goodbye to manual data entering, re-inputting fallacious data, transferring data to other systems and information cross-checking. This enhances the company’s productivity promoting less delay in completing the given task on given time.
With the vast growth of a company, the biggest challenge that it faces is to be able to manage its increase in inventory, sales & customers. Having to manage sales, inventory, and customer individually may arise severe difficulty within the company. In case of stock out for any particular location of any popular product requires proper management. While any customer asking for any particular order or their products whereabouts also needs proper attention. In failure to manage these actions properly may put a serious question mark on company’s reputation & reliability.
But with ERP solution you can always keep your company reputation intact giving the opportunity to manage inventory, sales & customer order better. As it lets you bring these functions to be managed under one database. This certainly keeps you updated with the current information about the product stock, orders, shipments progress, customer queries and much more. You will have peace of mind knowing that all these things are now easily accessible.
