Why It's the Right Time to Adopt Smart Erp for Your Organization?

Did I just scare you by being so realistic in the very beginning? OK, Relax! Take a deep breath. We need to think of the solution at this very point and stop worrying too much. To overcome the negative impact of the economy and to make smarter moves towards cost-effective decisions, it's the right time for you to analyze the benefits of adopting an intelligent ERP for your organization.

Yes, you got that right. Enterprise Resource Planning (ERP) software, like SAP Business One, is robust data management software that empowers you to make wiser decisions for your organization by rendering a seamless and synchronized management system.

But, how is it relevant to our discussion above about the drop-down in the economy? Here's the answer, SAP Business One is the one-stop solution for all your business needs. It gives you the freedom to get rid of the manual tasks completely so that you can utilize your time and resources with creative minds in the valuable tasks. It broadly covers applications like finance management, stock and inventory management, customer relationship management, etc.

Let's discuss the benefits of adopting SAP Business One in detail here:

• It integrates all the departments to better align operational efficiency and coordination.
• Synchronized work functions help businesses make smarter and predictive decisions
• Optimized management via smart ERP helps you deliver both the quantity and the quality of the product within the specified time-frame. This helps you gain a decent position in the industry and the trust of your customers.
• Also, prompt responsiveness of the CRM feature helps you respond to the queries, feedbacks by the customers a constant opportunity to improve/continue strategic planning
• Handling daily transactions or keeping a tab over financials can be done seamlessly with a bespoke ERP system
• An error-free inventory management system always keeps you updated and prepared to control inventory, purchasing and completely avoid out-of-stock situations and unnecessary expenses.
• HR management feature helps you focus more on your employees and organization than the regular HR activities. It does not just help you with salary generation, payroll maintenance, attendance monitoring, etc. but also empower employees to raise tickets and get solutions to their queries with speed and efficiency
• Not just this, the best part is the real-time update and reporting feature of an intelligent ERP system. An accurate and comprehensive report on the go helps you make informed decisions.

Enough reasons to believe in smart and robust ERP software like SAP B1, I feel.

So, now that we are ready to get our business automated, the immediate thing to concentrate on is how to find the best partner for ERP implementation?

Here's the guide to select and evaluate the best-in-class vendor to implement ERP for your organization:

  1. Analyze your requirements

Before you start with the vendor selection process, make a complete list of the processes that you are handling and challenges related to the same. Things that you feel are taking too much of your time and energy which can be automated should be included in the requirement list.

2. Talk to your Team

People who handle daily tasks can better understand and guide with the requirements needed to improve the work efficiency. Every company has a unique set of challenges and to enable optimized functions via an ERP system, you should select a vendor that could understand your needs well and customize the features of ERP as per your needs. Of course, your team here plays a significant role in detailing the challenges and suggesting for the 'add-on' features needed in an ERP

3. Select vendor selection criteria as your needs

You can find 'n' number of vendors out there, but before settling for the one, be clear in your mind about the questions related to:

• Deployment - if you need cloud/on-premise deployment
• Implementation - if you have a certain deadline to have it live
• Customization - what all add-on features you are willing to have in ERP
• Integration - if you already have software system that is needed to be integrated with the new ERP
• Support Service - What all services, training, etc. you are expecting
• Scalability - if you wish to expand the capabilities of ERP along with company growth

If all the criteria are fulfilled, time to go for a demo.

4. Ask for Demo

The best way to realize if you are comfortable with the ERP is to test it with a demo. Do not settle for any vendor without a demo.

There you go - solid reasons to have ERP software in your organization and the step-by-step guide to select your ERP partner.

Wish you an amplified business growth in the coming year