ERP is an acronym for Enterprise Resource Planning (ERP), which is the planning of corporate resources. It is business process management software that manages and integrates the finance, supply chain, operations, reporting, and manufacturing and human resources activities of a company. Most organizations have some type of financial and operational system, but most software of this type does not go beyond everyday business processes and cannot contribute to the future growth of the business.
As society's needs change and develop, systems must adapt to them. We will define ERP and explain why it is a good choice to set up software that adapts to the needs of your business.
What is enterprise resource planning? Yesterday and today.
In the past, companies had certain accounting, financial or human resources processes, but the software systems they used often worked separately and did not communicate or work with each other. What sets modern ERP Software solutions in Dubai apart is that it combines all of these different processes in order to collaborate and create a fluid system.
Current solutions also allow each department to know what the other is doing. Accounting and human resources can therefore easily collaborate with sales and customer relations.
Why ERP is essential for your business?
Although there is no global solution covering all business processes, ERP technology is gradually improving in terms of merging all your business processes in order to improve collaboration, help your company take data-driven decisions and optimizing business productivity.
ERP can cover many functions of society, but some of the main business processes include:
Finances
Modern ERP offers dashboards that give you an overview of your finances. So you can tap into real-time information anytime, anywhere. It should also help you reduce manual entry of information by automating daily tasks and including tracking features that help meet regulatory compliance for your business.
Human resources
Modern solutions offer possibilities for managing company data and simplifying employee management tasks such as payroll, hiring, etc. You can also track employee performance and identify human resource issues before they arise.
Manufacturing
This feature improves professional communication, automates daily processes, and provides manufacturers with the ability to meet customer needs and manage resources by accessing data in real time. This solution also optimizes project and cost management, as well as production planning.
Supply Chain
If your company still enters information manually and tries to keep track of inventory in your warehouse, you can easily save time and money by automating these processes with ERP. Modern solutions also offer dashboards and Business Intelligence to help you understand your inventory management.
Why some companies are afraid to embark on ERP implementation?
Despite all the possibilities presented, some companies are still hesitant about the ERP. There are several reasons for this, but where there is fear, there is also a solution.
FEAR: How do I know if I'm choosing the right ERP solution for my business?
You don't have to find the perfect software solution to fix everything. ERP actually needs to be able to get the most out of the business processes you are using now and combine them into one system, while allowing everyone in your organization to see the same information. This is where your choice of technology partner becomes important.
FEAR: We cannot afford a major overhaul of the ERP.
A solution should not be an uncompromising implementation proposal. ERP Software solution modules can be purchased separately depending on your business needs. This allows your team to gradually familiarize themselves with the implementation of the ERP and avoids investing in a major software renovation without knowing whether the functions you add will bear fruit.
FEAR: We don't want to lose the systems we have now.
As we explained, the ERP solution you choose must be compatible with what you are using now, but must also include features that contribute to your future growth. For example, if the software you have manages the financial, supply chain and manufacturing aspects of your business, you can choose a solution that incorporates a powerful component of Business Intelligence.
Three signs that you need ERP
If you are reading this and battling with your old system, you probably already know that an implementation is going to have to be implemented in the future, but here are the signs that you definitely need a new ERP starting today. today:
1. The basics are not enough to develop you
The basics may be enough for you, but if your current software places limits on your market development and your ability to grow globally, it may be time for a new system to go live. in place
2. You use different systems
As technology evolves, you notice that your different systems do not work well together. You may notice that your new accounting software is not compatible with the old human resources system and you are tired of wasting time and resources trying to standardize them.
3. You fail to meet customer expectations
If your staff and customers are mobile and your system doesn't adapt, it's time to invest in a system that meets everyone's needs. If you find that you cannot afford to invest to meet your customers' expectations and you do not want to empower your staff to succeed, you will simply lose your customers to a more competitive business.
ADVICE:
If you or your staff are asking for a new system and there is a reluctance to change ERP, one way to fix it is to schedule a demonstration so that everyone can see what it is. In addition, when everyone feels involved in the decision-making process, implementation is considerably simplified.
