Are you facing difficulty in managing financial transactions by the end of every month? or your data “don’t speak to each other” and you are using hundred of excel sheets?
This maybe the first signs that you need to get organized and start planning your finances by implementing an ERP. In short, your company is in dire of an ERP solution.
We understand that implementing the changes will impact your business processes and interrupt your workflows too. However, Learning to implement a new system that centralise all your business data in one place may save you a lot time and money, with a long term ROI (Learn how we can save improve your ROI)
Here are the Signs to look up and know that you need and IT transformation for your company now. each
When Does a Company Need an ERP? Look for two or more of these signs:
1. Uncentralized data
If sales, finance management or any other departments are not linked to each other, you are having a hard time managing the data, and every query seems to take time.
To increase the efficiency, you need it to sit in a centralized systen and thats’s what ERP is about, centralisation of you data.
2. Financial management becomes complicated to process
Finances are never easy and if they are taking longer than ever, then this is another reason why should implement cloud ERP within the organization. Paper-based invoices are also time-consuming and no possible automation.
the ERP solution can automate the whole system quickly. It can instantly provide your reports and analysis as per the need.
3. Sales and customer services are suffering
Companies are growing and the main issue you might have with it is the sales and customer services are in bad condition. So, ERP software can also increase the efficiency of sales and shipment. This way the employees will have the latest information about the sales packages and they can manage it accordingly.
4. Spending more money on Managing IT systems and labors
If management can become a complicated process or you have to manage different softwares within the company.
You will need a team for it too and a budget. But if you start implementing ERP on time, you will have a single system and certified vendor of the product to help you with implementation or maintenance plan anytime. You will also cut off a lot from your budget simply by using ERP and reducing labor or IT devices.
5. Ineffective insights into your business
Right now, your insights are only based on a single part of the data which makes it inaccurate. So, by implementing the ERP, your data is integrated and you can easily enjoy the ERP system features by getting accurate and real-time insights into your business.
Hopefully, you have a clearer idea on why it is important to implement the ERP system. or the signs you have to look for.
Get in touch with experts of DFSM for a free assessments and let us help you with the process .