solutions ERP Solutions For Your Business
ERP Solutions offer a cost-effective way of managing, analysing and collecting data. Allowing companies to have data in a centralised location to better make decisions for company benefits.
Chief Financial Officer, Financial Directors, Sales Directors & Financial Managers all have a vital role in a successful ERP implementation. Most CFO’s may think that is not a big deal for them to be involved in, that you can trust an IT Manager or CIO to choose the right software to make your business applications run smoothly.
Companies regularly have issues with keeping their ERP Projects strategic, as once implemented, IT Departments continue to operate them, where there is an increased focus in software and technical details. These implementations have a higher risk of failing.
CFO’s need to ensure that they add value to discussions; based on financial functions and organisation as a whole. ERP can help to provide this, ensuring CFO’s can make critical decisions when needed. By bringing in risk management & capital allocation, ERP can be the most supportive software you have to make those process seamless.
An ERP and CRM is a must have for any large business. As a CFO if you have your systems with separate databases, related to finance/risk management, and other employees in your organisation have for their department it gets hard to access data when you need it.
Without an ERP, it is inefficient and therefore reduces productivity and efficiency. When your organisation data is centralised in one location, employees across all departments have access to information at a click of a button.
With the introduction of an ERP system, it allows your business to have a digital transformation. You have immediate visibility into financial and operational KPIs. With your data centralised it allows everyone in the company to make short and long term process improvements. They can have the ability to see when things are not successful in real time and can try and improve them as soon as possible.
With enhanced data analytics, it enables employees to view patterns and plan for those. By tracking performance trends, you will can better business insights and can plan accordingly to make improvements for your business.
As a CFO, evaluating and mitigating risks is one of the leading roles in your job. By implementing a Cloud ERP system, it allows you to have an easily scalable system no matter where you go, from home, or across the globe.
Due to the subscription-based with Microsoft Dynamics 365, there is no need to install hardware, software or IT individuals in a new location. Your system is securely accessible by the cloud. Allowing you to grow with the ERP and upgrade as you go.
Due to the reduced need for hardware, software or more employees, you can save cost with a cloud-based ERP system. Significant investments in IT infrastructure is a thing of that past, and you don’t need to buy or maintain expensive hardware. Cloud ERP, you are only required to pay for what you need.
So you are not losing revenue from paying for unused IT capacity just because you have it. Cloud is the smarter choice when it comes to financial benefits.