While having a standalone software will work well for a period of time, this may not be the option for viable businesses to grow and remain sustainable. Any expanding business will find themselves needing and requiring more resources, and this is why larger companies tend to adopt Enterprise Resource Planning (ERP) systems to manage their entire operations.
An ERP system is an integrated suite of business management software that brings all of a company’s information together into one seamless workflow. In the past, only large corporations had the funds to integrate ERP systems. However, such cost has been significantly reduced over the years, thereby allowing more SMEs to gain access to ERP systems and giving them an advantage over their competitors.
Here are 4 indications that it may be high time your company switched over to an ERP system:
1. Your requirements have exceeded what your standalone software can fulfill.
Standalone software works fine for startups, however they are not customisable to meet a growing organisation’s unique needs. At some point in time, companies will be required to start processing some tasks digitally. This is where ERP systems can come in to plug the gaps. Its ability to integrate and customise different functions help companies to manage their workflow digitally.
2. Integration issues when purchasing another new standalone software.
Integrability is often a big concern for businesses when they are sourcing for a new software solution. It can be utterly dismaying to find a standalone software which fits all the function requirements and budget, but it cannot be integrated with the current existing system.
ERP systems, such as Accentuate, will not face this issue as it already has an existing wide range of modules available for seamless integration. What is more, Accentuate can be integrated with hardware solutions, such as kiosks and cash recycling machines.
3. Communicating with multiple software vendors becomes a chore
We have all experienced the frustrations when contacting a software vendor for support while the system is down. However, can you imagine having to communicate with more than one vendor when technical issues arise? You will then have to act as a middleman and liaise with at least two different support teams to solve your problems. This is a very tedious and time-consuming process, often testing your patience when one vendor requests that you contact the other vendor for certain clarifications. You can easily skip such a hassle when you invest in an ERP, as there is only one single point of contact with one support team.
4. The lack of visibility between departments
With each department using their own standalone software, it can be tough for internal communications and for the management to have a clear bird’s eye view of the overall operations. With an ERP system, internal teams are better able to collaborate and share information with one another. We can all agree that a collaborative workforce can improve productivity as employees are able to see how information goes through the entire workflow. In addition, menial and manual tasks are eliminated with ERP, hence allowing employees to spend their time and focus on the more important work.