WHY?
3rd SLIDE
Saving Money
ERP packages are not cheap, so it can seem unlikely that the program would actually
save your organization money. However, this is exactly what can happen. An ERP
unifies many of the systems that may currently be fragmented in your organization, and
this ranges from everything from product development and supply chain management
to IT support, management and more.
By unifying systems, you will create cost-efficiency and improved business processes.
More than that, your organization can save money by eliminating the need for different
users to be trained on different systems. All will be trained on one system, and there is
cost and time savings associated with this.
Improved Collaboration
The features of ERP applications can vary depending on the program that you are using,
but all of these systems enable you to share and edit data as well as to improve security
and access. There is no need to merge information across various systems or sources.
Because all of the data is compiled, stored, shared and accessed through a single
system, there is no concern about how accurate, complete or secure the data files are.
Better Analytics
The right ERP can make it easier and faster for your team to generate various reports,
and this may include everything from income and expense statements to customized
reports based on metrics and trends. The ability to have access to these reports quickly
enables you and your team to make better decisions more quickly. You will not need to
rely on your IT staff to generate the reports that you need.
Improved Productivity
Without an ERP, you and your staff members may have redundancies in operations, or
you may have to waste time completing repetitive tasks manually. This can ultimately
have a negative impact on your bottom line. An ERP will eliminate this time waste, and
this can ultimately have a positive effect on your organization’s productivity, efficiency
and profitability.
Happier Customers
An ERP is an internal system, so you may not think it has much to do with customer
satisfaction. However, this is not the case. The right ERP software solution can be used
in various marketing tasks, and this relates to processes that include lead generation
and customer acquisition to late-phase customer service and customer retention.
Ultimately, it can help you to better communicate with your customers and clients
through all stages of the process.
Simplified Regulatory Compliance
If your organization is like most, your team may spend a considerable amount of time
trying to comply with regulations related to the Federal Information Security
Management Act, the Sarbanes-Oxley Act and others. Successful execution of your ERP
project can help you to gain and maintain compliance through the improved ability to
manage and secure data and to generate suitable reports.
Improved Inventory and Production Management
If your organization utilizes inventory and has a production process, you can also
benefit from improved management in these areas. An ERP can be used to simplify the
task of reducing overages, improving production and delivery schedules and more. It
makes it simple and easy to optimize your efforts rather than to create an informed
guess about volumes, processes and more.
The decision to use an ERP as well as the decision about which ERP to incorporate into
your organization are not matters to take lightly. By defining your ERP requirements
matched against the features and benefits of specific programs, you will be able to
better determine which software solutions may be a best fit for you.
Whether you are looking for on-site or a web-based ERP, if you are ready to evaluate
ERP vendors, take a look at our top ERP system recommendations to have a better
understanding of the top solutions in the ERP market.
