What is ERP System and Why It Should Be an Integral Part of Your Business
The impact of a well-planned and well-implemented ERP system can have on a business is tenfold. It allows you to make more informed decisions, streamline business processes and track transactions and progress as they occur, to name a few.
Enterprise resource planning or ERP is a management software that provides you access to a system of integrated applications that automate a range of back office functions that span from technology, services to human resources.
Benefits of ERP to Your Business
1
Streamlined Platform
Integrating an ERP software into our system streamlined data from all the facets of our business into a unified platform. Such move made it easy for us to access realtime data in a centralized system, so the pace of business is faster than ever before.
It gave us a holistic view of the business operations, and made it convenient for us to spot the areas where we can improve.
Benefits of ERP to Your Business
2
Improved Accounting and Financial Reporting
Keeping track of our financials was also a struggle, particularly when transactions started to feel overwhelming with the increasing volume of consumer base. But with an ERP system, the system eliminated the need to spend hours cross-checking information or doing repetitive data entry work. All that’s left was more free time to deliver financial reports without delay.
Benefits of ERP to Your Business
3
Better Sales and Customer Experience
Because our inventory and customer data are managed separately, it created serious problems across my business. It came to a point that we unknowingly run out of stock and causing delay on the shipment.
ERP technology allowed us to respond to our business needs efficiently. It’s why having an effective ERP system, like the ones offered by Deskera, a cloud-based ERP company in Singapore is crucial to the success of your business.