5 Reasons Why You Should Spend On ERP In 2019

by Rob Stephen getaprogrammer

This article brings out the key reasons why you need to shed away your fears about ERP implementation and go for it now in your organisation.

ERPs have been around for a couple of years but it is still far away from becoming a dire necessity in every business. Despite flourishing as the prominent technology that helps enterprises to simplify their day-to-day processes and complex operations, ERP is struggling to be a part of a good number of organisations. The reason is quite evident. Investing in an ERP system seems expensive! However, it was expensive one day. Today, it’s absolutely a myth. While ignorants always claim that it is meant for big industries and multi-national corporations, it is not the scenario. ERP software development companies are popping out to offer budget-friendly ERP software to small and mid-size businesses.

For those, who still have the apprehensions about investing in an ERP solution, here’s a list of facts to push aside all your fears and put money on ERP in 2019.

Consolidated software

While there are some initial investments needed in ERP, it actually helps in reducing the costs of maintaining the company’s on-premise IT infrastructure. It includes numerous software, each for the discrete departments. Thus, a single ERP system brings standardisation of multiple software to help enterprises manage everything from one place.

Accounting and financial reporting

Every company needs some sort of error-free mechanism to keep records of the financial figures and keep updating the data of incoming/outgoing transactions. ERP institutes itself as a centralised platform which removes all the complexities of data entries, keeps tracks of the transactions, record them automatically and eliminate the need for repetitive data entries.

ERP does not affect other existing software

The myth that the integration of an ERP system will kill other existing IT systems of the organisation is an absolute misconception. It is here the role of ERP consultants comes up. They are responsible for studying well a business’s existing processes and designated systems and come up with an agile software that aligns with them flawlessly. Not only that, but they also develop modules that will advance the existing systems to drive business growth such as integrating business intelligence in the supply chain or data collection.

Simplify and promote employee collaboration

Employee collaboration is near to impossible achievement for any business organisation with a huge number of departments and each running with their separate systems. According to studies that is the greatest challenge for companies. However, the new-age ERP software solution helps in improving collaboration among the employee. It configures all the departments into a single system which allows uninterrupted communication and transfer of data between the employees of different departments.

Automated processes for customer services

ERP software will also result in achieving higher customer satisfaction by providing an inbuilt CRM feature. It tracks or automatically records the customer queries, leads requests, or any interactions and help the sales team to send the autosaved responses. It will further help in making safekeeping all the customer activity records so that businesses can serve those customers later in a personalised way.

Apart from bestowing organisations with all these benefits, ERP solutions are also cost-effective and so does not put any strain on the preliminary budget. Thus, no more staying back with your complicated legacy systems but invest in a modern ERP system can help you get better and competent with your data and lead to operational excellence.

Rob Stephen is an experienced Odoo consultant in Australia who works at GetAProgrammer, a visionary company in Australia that serves excellent ERP solutions to mid-size and small businesses to help them realise their growth potential and drive efficiency. It houses an excellent team of Odoo experts, it has been providing ERP consultation and implementation services for years.