This blog illustrated why and how important is ERP for your Business. Every business is unique and has its series of activities and processes for various products. The complexities of the tasks involved are not easy to handle manually. Especially when the business grows, it will be a heck of a job. So, to overcome this you need to be having software that can track all the ongoing information and tell us what’s happening, where we stand, and what measures to be taken to face customer demands.
Today’s business world is full of challenges as the demands keep changing, organizations should be ready to fulfill their customer’s needs and survive the competition. Adapting to such a situation with manual processes won’t suit as it consumes more time. So ERP plays a major role as it is software that integrates various functions within an organization.
ERP Software helps organizations to improve their efficiency through an in-depth understanding of the business process. ERP provides seamless service to customers, making you survive the competition.
The below infographic shows some ERP facts and opinions of organizations that use ERP Software. The top three reasons why would any company adapt to this software are to streamline their business process, improve efficiency and see business growth. According to a survey conducted by Panorama Consulting, the major ERP users belong to Manufacturing Industries. Further, the report says, 50% of companies are soon planning to update their existing ERP systems. By doing so a company could greatly reduce their operational cost and administrative costs. The automation system helps small-scale sectors to make quicker and wiser decisions based on predictions. This results in on-time delivery of goods, thus sustaining and acquiring new customers. Also, the survey says most organizations expect accurate reports and visibility as a major benefit.