At what point does your business need an ERP system?
At what point does your business need an ERP system?
by RUTH THOMAS - May 27,2014

Enterprise resource planning (ERP) software is one of the ways to create efficiency out of chaos and productivity from disconnected functions. Despite this, many businesses leave investing in an ERP system until it is almost too late. Hours can be lost to trying to solve customer service issues or handling overly complex IT systems.

Having an ERP system can change all of this and make your business more efficient, agile and ultimately more profitable. Here are some of the key reasons to choose an ERP system.

Business software integrates with all other IT systems

As most businesses tend to evolve over time, the result can be a collection of separate, unintegrated systems for everything from employee records and tracking customer orders, to sales data and inventory management. In most cases, there are also multiple IT systems that require constant monitoring to try and upgrade, repair or patch in part those areas that aren’t working. A cloud-based ERP system simplifies everything, integrating all your business software requirements into a straightforward and easy to use database and providing IT function that updates, upgrades and responds to the needs of your business.

 

Financial accounting and sales forecasting is fully automated

Look to your finance team for the first indications that there might be trouble ahead. With respect to both financial reporting and accounting process like sales orders, it’s very easy for the accounting team to get buried under paperwork that must be manually entered and this is where mistakes and inefficiencies creep in. The advantage of the ERP system is that all the financial information is contained in a single database, which makes all other functions, from invoices, to reports faster and easier to handle.

 

Transparency across all business units

Most industries move at breakneck speed these days and having to manually put together sales figures or performance metrics can take days, leaving you significantly behind the curve. Data needs to be accessible to those who need to be able to judge where the business is, and where it’s going, as well as to employees who require it in their daily tasks. The ERP system makes this instantly accessible – no more manual reconciling and no more loss of perspective.

 

Increased customer service and feedback

Being competitive in business means being able to provide an equal – or better – customer service experience than the others in your sector. It’s almost impossible to compete effectively with separate sales, inventory and customer data, both in terms of your staff being able to answer customer questions and making sure that orders are being fulfilled on time. One of the big advantages of the ERP system is that it gives staff instant access to accurate, up to the minute information that they can use to provide a superior service – or even to make this directly available online to the customer.

If you recognise one or more of the above then it might be time to invest in an ERP system. Not only could it save you time and money in the future but it could change the direction and productivity of your business too. For some free advice, speak with one of the team at Geeks and we’d be glad to help.

About Geeks Ltd

Based in south London, we are one of the fastest growing software development companies in the UK. 

Our passion is business efficiency enhancement for our clients via smart application of automation techniques.We are winners of international awards for our innovations in business productivity. 

We have attained Gold Certified Microsoft Partnership level which represents our highest level of competence and expertise with Microsoft technologies as well as our close working relationship with Microsoft.At this level we have been granted access to exclusive Microsoft resources and support, access to the Partner Knowledge Base, and many other advantages which contribute to our capacity to meet our clients needs.