Accelerating Growth: Benefits Of ERP For Small Businesses

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Benefits of ERP Software

Accelerating Growth: Benefits Of ERP For Small Businesses

Over time, as businesses have flourished and evolved, they have come to realize that two of the most important factors that contribute to their growth are – effectiveness and productivity. The larger the business, the more data there is to be processed. Naturally, these mega corporations turned to solutions like ERP to streamline and automate their processes. But, after witnessing its many wonders, the need for ERP for small and medium-sized enterprises is also on the rise. No matter the size of the business, they all want their processes to be precise, while also saving time and money.

This is exactly where ERP serves as the ideal solution. Why do businesses need ERP? Enterprise resource planning (ERP) is a software that is leveraged by organization’s to manage daily or recurrent business activities such as accounting, procurement, project management, risk management and compliance, and supply chain operations. Driven by technology, it enables one to access and study data in real-time.

The second question that immediately comes to mind is given their compact size, why do small businesses need ERP? And, are the benefits of ERP for small businesses worth the investment? To help do away with your doubts, here’s a comprehensive list that vouches for the significance of ERP in small businesses-

4 Advantages of ERP for Small Businesses

 1. Higher Productivity:

One of the most enviable features of ERP Systems is that they give organizations a single view of all the processes of different departments. This helps multiple teams have access to all the data in one place. They do not have to waste hours browsing through never-ending excel sheets. Once the tedious tasks are out of their way, the team members are likely to be more productive.

2. Integrated Processes:

ERP systems do a brilliant job when it comes to integrating business transactions with the financial system of the company in real-time. They also help with streamlining core processes – right from sales order entry, product pricing, shipping and delivery, inventory and warehouse to production, procurement, invoicing, and financials.

3.  Increased Sales & Reduced Costs:

Another impressive feature is the automated authentication mechanism to keep a tab on the budget confirmation receipts. They also send a daily report of proposals. By streamlining data into a dedicated software application, small business owners can save money on individual software and management systems that were being paid for in each department.

4. Data-driven and decision making process:

With the right information at hand, you don’t have to rely on instincts or assumptions. Precise data banks make it much easier to derive insights and take calculated risks. ERP systems give organisations easy access to sales figures and revenue of different months, forecast future sales, financial needs – all to help them take effective decisions that accelerate business growth.

 Contact PTS Systems and Solutions for Effective ERP Implementation

Now that you have the answer to – Is ERP good for small business, and what are the primary business benefits of an ERP system; let’s move on to the execution part. With extensive expertise gained over the years, PTS Systems and Solutions is your trusted ERP Implementation Consultant.

Our SAP ERP Implementation services are designed dynamically to be delivered across the globe. We have significant experience in managing global projects and ERP life cycle implementations. Our offering include:

-Business & Technology Requirements Reviews

-Dedicated Project Management Support

-Installation of new software on your required platform

-Data Mapping & Migration

-Design Workshops & Associated Documentation

-Implementation of any necessary configuration changes

-Trouble-shooting

-Acceptance Testing & User Training

If you are looking to streamline your business processes through SAP ERP implementation, contact us today.

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