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In the past, limited resources coupled with high costs have deterred small and medium-sized businesses (SMBs) from cutting-edge technology like enterprise resource planning (ERP) software. Fortunately, software vendors, like Infor, are making innovative technology accessible to organizations of all sizes. More and more SMBs are turning to an ERP system to seamlessly integrate all of their business processes and data into one place.
What Do You Stand to Gain from an ERP?
SMBs can use ERP software to improve communication across departments and optimize business processes, thus improving operational visibility. The software will also help you integrate your financial and customer information into one system.
Additionally, ERP software allows you to connect and integrate all departments in your company. This makes it easy to share data and information between departments, and for employees to streamline processes and cut down on misinformation.
It’s not uncommon for SMBs to have issues tracking data and company progress, but implementing an ERP system will provide you with quick and accurate data analysis. In this way, you can efficiently track progress, productivity, and performance. This improved insight into your business not only highlights the areas where your company excels, but also areas that have room for improvement
ERPs Facilitate and Accommodate Growth
Because SMBs have fewer employees, their team members likely wear multiple hats. Utilizing an ERP system can take some of the stress off of your employees by automating key business functions (order processing, production, finances, etc.). This frees up your staff to focus their effort on more important responsibilities than data entry.
Further, ERP software can increase your company’s efficiency by placing all your information in one place. This information will also be accessible in real-time, allowing you to make decisions quicker, increase company coordination, and minimize miscommunication, eliminating information silos.
Moreover, an ERP system will be extremely beneficial to your sales teams. The software will give them the information they need to more effectively interact with current and prospective customers. They will also be able to make faster and more accurate quotes and estimates.
With an ERP system, you will be able to organize how you source, track, and manage orders, reducing inventory costs, enabling smarter purchasing, and increasing your bottom line.
Nervous About Making the Move? Get Outside Help
At Datix, we are dedicated to helping businesses of all sizes evaluate, implement, code, and customize critical ERP software. We have honed our ERP consulting skills for over 20 years, making us a leader in ERP consulting.
Datix specializes in helping enterprises define processes that will ultimately lead to new business outcomes. Our consultants are trained to help you with any stage of your ERP project, whether you need advice or support. We understand that for an ERP system to be successful and work for your company, it must be catered to your unique business. To ensure your system is always evolving with your company, our consultants will stay with you even after the ERP system goes live.
Thinking about making the move to implement an ERP system? Contact Datix today to find out how we can help you take the next steps!