Why Businesses across all Verticals Need an ERP System?
Looking to eliminate the legacy system? Well, you are in the right direction. Do not worry about the cost of ERP software in India; rather just look forward to implement it successfully. Therefore, ERP software has become an indispensable factor for all businesses.
In today’s age, where customers have a bigger pool of choice than ever before, it has become indispensable for every business irrespective of the industry vertical, in order to jazz up for competition and organize its internal processes. Moreover, the rising expectations of investors who want quick returns on their investments also place businesses in a tight spot. They have to deal with the cut-throat competition, ensure bigger and speedy ROIs, enhance internal operations and most significantly, expand their customer base. Eventually, a solution that fits all your needs is the Enterprise Resource Planning Software. And yes, ERP software is meant for small businesses as well but choosing the right ERP for small business in India might be a challenging task.
Today, the increasingly growing complex business arena requires timely inter-functional data flow for effective decision making, management of inventory, procurement, accounting, sales, human resources, and other functional units. And in this context, a business needs an efficient ERP system that can enhance the workflow and minimize costs, thus providing competitiveness to the organization. Undoubtedly, a successful ERP implementation can bring amazing benefits to businesses, but if not properly managed, it could prove to be a complete loss of both time and resources.
For instance, ERP software for small business in India automates all internal processes, speeds up operations and provides a holistic view of the business to the management. However, it also eliminates the dependency of the organization on individuals and makes every facet easier to manage and track. So, here are the major areas in which ERP software can help your business flourish:
ERP software eliminates the need of manual work and helps automate all business processes. This helps save man hours and brings in immense accuracy. When it comes to manual data feeding, not only it requires more time but also comes with a disadvantage of not being 100% accurate, no matter of how much it is scrutinized. ERP software comes with built-in modules that can easily read and exchange data, thus eliminating the downsides of inaccuracy.
Lack of integration is an ordeal for any business that has several departments. Each department deploys its own way of maintaining records and exchanging data. Even if standard procedures are followed, the fact still remains that an employee will have to collect all data, scrutinize it and bring out whatever is required. And this will lead to loss of valuable man hours and a rough picture of the entire business. But here, integrating an ERP system integrates all the departments in a way that all the stored data can be examined and compared with the help of in-built modules, thus saving you time with guaranteed accuracy.
- Data Security
There is no doubt, the more people involved, the less secure the data becomes. For businesses, it is significant that data is accessible all time and is also secure from unauthorized access. But it is nearly next to impossible if the data is stored and managed manually. But with an ERP system, users can be assigned their roles. The same data can be accessed by anyone depending on the access granted to different individuals. This will eventually facilitate ease in accessibility without even comprising the data security.
- Speeding up Operations
It is very important that the internal processes of a business and its operational speed match with the business growth. If it isn’t so, business will experience a fatal slowdown. In a manual setup, the only way to meet business demands is increasing the number of employees, which will further result in increased cost and probably might not give you the desired results.
But with an automated setup of ERP software for small business in India, you can end the need to hire more personnel and also guarantees accuracy. And this way, the internal processes of a business will match your business expansion parameters.
- Customer Relationship Management
Whether you own a small shop or a supermarket, customer relationship management is a very crucial branch of every business. Converting potential leads into loyal customers and ensuring that existing customers stay with you exemplifies the true expansion of a business. So, in order to accomplish it, ERP systems come equipped with a strong CRM solution. The CRM solution helps you organize the entire database of customer contacts in a way that eases business operations. CRMs help automate several repetitive tasks and maintain customer profile and ensure that regular follow-ups are done on time, thus avoiding any duplication and delay.
Today, businesses have realized the importance of ERP software, whether it is ERP for small business in India or for giant companies. The use of software has substantially helped businesses augment their profits and bring in transparency in business operations. With numerous ERP software companies or providers out there in the market, it becomes imperative that you choose the right ERP software for your business. For instance, ebizframe ERP software gaining in popularity helps you ensure that your employees are involved in productive work rather than doing duplicate data entries. It follows a 3-tier architecture system which means it runs from a Central Server. What can be better than this? Well, it’s you to choose the right software for your business, so choose it wisely.