Deciding whether to invest in an ERP software can be difficult. The price of the software can be discouraging, let alone navigating the learning curve required to properly integrate the software with your company’s day-to-day activities. With more and more businesses turning to ERP to manage their operations however, can you afford to miss out? Ask yourself the following questions and see if now is the time to switch over to an ERP system:
1. Are you using multiple systems to accommodate the needs of each individual department?
Communication and transparency are essential for a company’s operations to run smoothly. When various systems are running separately and the data received from each department isn’t synchronized, then issues involving processing errors and information logjams are all the more likely to occur.
2. Do you or your staff spend more than 3 hours to complete repetitive tasks?
As a business grows, so too does the amount of data and information that will need to be dealt with. This can mean hours upon hours spent on managing invoices, inputting sales orders, updating inventory, etc. and using time that could have been spent on more lucrative or productive activities.
3. Are you spending too much on individual turnkey software?
Purchasing various software types and having to update each of them individually can slowly build and increase the operating costs of your company. Meanwhile, ERP software can combine all of your financial and operational needs in a single software, and provide you with the flexibility needed to expand your operations and even alter your business model without having to purchase new systems.
Heimdall Sham, Digital Content Creator, WebSan Solutions Inc., a 2014 Ontario Business Achievement Award Winner for Service Excellence