ERP Solution
Posted on / by envertis / in ERP / 2

SMALL BUSINESSES NEEDS AN ERP: SIGNS & SOLUTION

Nowadays an ERP solution is a top priority for small businesses which, is about to gain more acceptance in the nearer future. This solution has the potential of increasing productivity and it can simplify the business process automatically. 

Here below given some glimpse of signs and symptoms which indicate your small business need an ERP system.

It has been seen for a long time, at the end of the month, it’s taking more time to reconcile different process of your business. And there are also many problems such as having trouble keeping up with its order volume and customer satisfaction and no idea how much inventory you have in your warehouse. Well, to get rid of these you may need to consider an ERP system for your business growth.

We are encircled by technological advancement and our businesses also get various technological support to maintain the same speed of advancement to retain the top quality of service. This practices impact the business landscape and offer better productivity.

Why you should need to get in touch with an Odoo ERP consultant:

A recent study is showing that organisations of all types and sizes face challenges like rising costs, resource constraints and the loss of subject matter experts as they leave the workforce. Organisations are likely facing similar challenges prompting them to replace or upgrade their existing technology. As the application landscape continuously grows and consolidates, organisations are highly interested in more integrated and robust technology solutions.

ERP Solution

A majority of organisations gets instant success by implementing or adopting the ERP solution. The adaptation of new technology can impact the main processes, causes disruptions in the workflows, complicate things and even burden the employees but there are many benefits, which can boost your small business process by saving the crucial time to gain more profit.

Organisations with broken systems typically suffer from broken business processes and vice versa.

What is ERP or Enterprise Resource Planning?

It’s a business process management software that allows an organisation to use a system of integrated applications to manage the business and automate many back-office functions related to technology, services and human resources and many more. 

An ERP facilitates the management of resources like materials, manufacturing, orders, and revenue between the stakeholders. And it can be used by any industry including manufacturing, information technology, retail, banking, pharmaceuticals, steel, chemicals, concrete, and agriculture.

ERP Solution

A small business must need ERP to streamline the business process and grow the business more scalable and viable for a long time. Though every business has unique process management, there’s no single indicator which can be blamed alone.

ERP Solution

Here given some signs of your business which can indicate the needs of an ERP solution:

Lots of unmanageable data:

For a business, handling a huge amount of data and maintaining the pace of the workflow always a complicated and time-consuming matter. And often data becomes quite confusing and tedious when you are trying to transfer this data to different departments. If you are experiencing the same, then it’s high time to implement ERP for your business.

An ERP, specially Odoo ERP helps you to reduce your struggle and confusion because all such data can be automatically shared.

A common mistake is to design and configure the system for only the first site and worry about the others later.

Lack of collaboration among different departments: 

Your business can grow and fetch better ROI (Return On Investments) when sales and marketing have greater collaboration and they will work together flawlessly and smoothly. But in many cases, the data of both departments are restricted to itself causes difficulties for the team to reap the benefits of available resources.

So what is the way out? Yes, an ERP solution can be a saviour. With the help of this software, anybody can single-handedly fetch and manage all data from all department every time the team needs it. Thus the process is called user-friendly and innovative.

Insufficient Insights:

To facilitate the planning of effective growth strategies, your business needs useful insights. If your business has a limited amount of data, this is much more difficult to run the entire process. Mining effective insights from limited numbers of data can’t help you to make any decision or conclusion. 

An ERP solution can help you to get better insights. The solution can fetch all data on one platform. And thereby it can help in making the data easily accessible. This implementation allows the user to see the merits and demerits and visualise them while moving ahead in the process.

Time-consuming and difficult accounting process:

If your business accounting process still depends on paper-based invoices and sales orders and your employees spend hours every week manually entering them into different accounting and sales systems then you should need an ERP solution to stop the time killing process immediately. 

ERP software can handle in an instant. And it can also be implemented for financial reporting. ERP accumulate all data in a single database so accounting staff won’t have to spend hours cross-posting information, rekeying numbers, or reconciling data manually. 

Unmanageable sales and poor customer experience:

Inventory management is often considered the most challenging part of the business process. If your sales, inventory and customer data are maintained separately it can create problems across your business. 

ERP system can help all the staff or employee, to access the same, up-to-the-minute information. This software also helps in customer-facing practices, where the staff should be able to answer customer questions about order and shipping status, payment status, service issues, etc flawlessly and more correctly. It will boost your services as it will plan your data well and also make it accessible.

Expensive IT practices:

You may find that you have to manage different IT teams for different departments which leads to unnecessary expenses and unexpected drawbacks. Not only that, you might face technical failures despite paying much to the IT staff. 

Forget about different IT teams. You should need to Implement ERP solution like Odoo ERP to make things interoperable and be carefree cause ERP solutions won’t even require expensive maintenance!

Restricted Team: 

If your business is suffering due to decentralise format or you can’t manage all of your branches due to distances or various location issues then you should need to implement ERP solution to centralise your business as soon as possible.

ERP solution helps you to get the liberty to work from anywhere for better productivity. If your ERP solution has cloud integration than it allows every team member to enjoy the benefits of ERP anywhere, be it a hotel room, car or a plane.

Now as you aware of the signs and already understand the benefit of ERP implementation, you may read about Odoo ERP here and if you want to know more about the latest versions of Odoo ERP then you can read here

Wrapping up:

ERP implementation requires steady leadership, significant resource investment, the right system integrator as well as a detailed project plan and communication strategy. Rather than adding more staff or software and complexity, ERP technology can give you the agile technology and it should be game-changing productivity enhancement tool for your small business.

You should take ERP seriously as it helps you to remodify your business process to get better ROI and help your staff to get the optimum benefits of ERP in managing your different business modules to meet with some specific goals.  

We, at Envertis, house a professional team of best Odoo ERP consultants in Australia and known for providing the best industry-specific ERP solutions. Be it consultation, planning, development, deployment, maintenance, and support – our ERP functional experts are here to help you out. For any queries, you can reach the experts either by calling them directly or by visiting our official website.

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ERP
Posted on / by envertis / in ERP / 2

Why Replace Your Legacy Enterprise System With ERP Solution

Legacy software systems are just like a pair of old shoes! Comfortable yet worn out and so needs to be replaced before your feet get hurt.

 

That’s what legacy software systems will do to your business. They will slow down your operations. As your business grows and attempts to achieve new frontiers, enfolds new processes or wants to catch up with the competitors, they may stop backing you with the support or functions you need.  

 

While most big enterprises have stepped ahead with the modern-day ERP solutions built with standalone software like Odoo, Microsoft Dynamics, Oracle due to this, the thought might be fearful to the small and mid-size businesses. Replacing their old enterprise systems seems not only costlier but also a complicated, time-consuming approach for which so they like to stick to their existing legacy systems. However, even though there’s a huge cost associated with getting a new ERP system, you need to read this to know why replacing your old legacy software with ERP is the right thing to do now before you really fall behind your peers.

 

Just ask yourself, is your legacy software system posing a barrier to the efficient functioning of your business processes or preventing your business from embracing new opportunities? Then it’s time to replace your system with the right ERP solution.

 

When your legacy software is making your business slow, it’s essential to weigh the available options carefully and get the right ERP implemented into your system. A reliable ERP system ensures to unify the business management and the data flow, giving access to the data to all the business areas.

 

Also, there are several more reasons your organisation must make a move to the ERP system now replacing your legacy system. Actually, ERP systems are the modern solutions that your business needs to take advantage of to cope up with the huge market demands and the advancements in technologies to enjoy a streamlined workflow.

 

Business-critical data were previously managed and stored in a system that was outdated and functions slower. This is one of the key reasons why moving to ERP systems has become essential these days. However, if your business is still using legacy software, here are the issues you might face:

 

  • – Slow and lagging business processes and lack of automation may lead to a reduction in productivity.
  • – Risk and cost of maintaining the legacy software running on obsolete technology.
  • – Legacy software systems are not compatible with advanced technologies like IoT and AI.

 

Whereas, ERP or Enterprise Resource Planning systems ensure to help organisations in managing massive amounts of data, help in making real-time decisions, stores data centrally, ensures efficient management of processes, automates the business operations leading to increased productivity, and do much more. Moreover, investing in single software can help you manage your entire business system, which means ERP is much more cost-effective. Also, ERP gets upgraded every year and comes with fresh applications and features, letting businesses enjoy a better and better workflow.

 

The flowing trend over the years also shows that legacy enterprise software are fading with ERP taking the lead.

 

GoogleTrends

Image Source: Google Trends

 

5 Reasons why you need to replace your old Legacy Enterprise System with ERP Solution

 

Outdated Technology

As technology is getting better every day, you are literally stuck with an obsolete, inefficient and restricted IT infrastructure which is hampering your bottom line. You need to have 24×7 technical support to maintain your legacy systems and pay attention to their improvements. But getting the vendor support is most of the times difficult because either they have phased out your version or is no longer in business. So, ultimately, you have not enough support to plan strategically for the future with its outdated functionalities.

 

Maintenance Costs

By the time you are done with spending a lot of dollars as well as efforts to upgrade your existing system, there are new updates rolling out. So, you are typically caught in a ‘revision prison’ while surviving on your legacy software systems. Resultantly, your company will suffer from downtime and more importantly unsatisfied customers.

 

Lacking the latest Features

A legacy system operates as a result of the collaboration of many on-premise systems but most of them do not interact with each other and so there’s the need for integration features to make them work together.  While you’ll agree to have faced this hurdle, a robust ERP system comes with flawless and default integrations like MES (Manufacturing execution system), quality management, CRM, sales, accounting and many more.

 

Disparate Information

The conventional systems need more time and inputs to process any information to be needed for decision-making. It may not be generating reports in the way it is needed by the management team and your company might fall sort of any options later to revise the reporting system.

 

Functional Discrepancies

This is quite a generic problem that most organisations encounter with their old enterprise systems as their business grows. Your business model changes and new processes evolve faster than what your existing legacy software can support. Eventually, the existing software slogs downs, become painful to use and might interrupt the ongoing processes by crashing down frequently.

 

Clearly, no more clinging on to the old legacy system. Embrace the all-new ERP as it is embodied with lots of advantages.

 

ERP

 

While a comprehensive platform such as Odoo is helping business enterprises to get the best kind of ERP software for your specific business matters, you got to be careful that you are not in any way replicating the functions of your legacy systems in the new modularised ERP system. Well, partnering with an adept ERP consulting firm will help you avoid all the pitfalls.

 

Helpful Resources:

How ERP Is Fast Turning Enterprises Into Most Efficient Units

Rise And Progress of Cloud ERP in 2018!

 

Key Statistics On ERP Software Implementation Worldwide

 

Global enterprise resource planning (ERP) software revenue from 2011 to 2017 (in million U.S. dollars)

 

Image Source: Statista

 

ERP

ERP

 

Numerous ERP platforms have surfaced in this new age of smaller and focussed cloud-based applications. With Odoo & Salesforce reigning in Australia’s market, more software vendors are now focussing on delivering agile, compact and easy-to-use cloud-based apps catering to the businesses’ needs with inherent customisation.

 

In a nutshell, ERP software is a complete software that is sophistically built as a modular application with modules likes production planning, financial reporting, inventory, sales pipeline, HRM and so forth, each addressing the respective functional areas of an enterprise. So, there’s just one basic system with all integrated information and a unified database. However, every great thing comes with challenges. So, look before leaping and consider all-around aspects to finally get your custom ERP solution developed.

 

ERP Solution

 

Helpful Resources:

Amplify Your Business with Premier Odoo Software Solutions

ERP: Simplifying Businesses Like Never Before

 

If you are ready to replace your conventional software system, get the services of an expert Odoo consultant from Envertis and get a potential ERP system built for your organisation from scratch. Being a Trusted Odoo partner, we advocate the platform for its powerful integrations and premium modules and have a dedicated in-house team of Odoo functional consultants who provide reliable ERP consultation and implementation services to enterprises in different areas.

 

Want an ERP solution to get rid of your old enterprise systems? Get in touch with us.