When Your Business Calls For An ERP Solution

ERP turned out to be a vital need for all the small to medium size businesses. You never know when you might be needing an intelligent software system to automate the tasks of your company. But it happens quite often that people generally overlook the need of an ERP software, thinking they can do without it. And in some cases, it happens because a majority of people don’t even know when to opt for an ERP like business architecture. But the thing is, even if you are running a small business, you will be needing an ERP solution at some point of time. Unless of course if you are will to spend some extra bucks on hiring a lot of manpower which in turn only adds to the complications and conflicts. Although, an ERP software is quite expensive and it might cost you a fortune, but it definitely saves you and your employees from all the hard work. Plus, you can manage your entire business right from your smartphone. But after all the discussion, it comes back to the question worth asking, “When do you know that you need an ERP software for your business?” So here are the five most compelling facts that explicitly point towards the need of an ERP software.

Also read Choosing The Right ERP Solution For Your Business.

#1 When You Can’t Keep A Track of Everything

It is very crucial to keep a track of every business activity, a track of literally everything related to your business. Only those businesses can thrive and flourish, where everything is done in a systematic manner with proper planning and efficiency. If only one thing goes wrong, it’s going to affect your entire business. But perhaps this is not the only thing that matters. In this fast moving world, frequency also matters. What if someone asks you about your sales margin, your company’s monthly turnover or about the average sales per day? If that’s taking you too long to find out, then what’s the point of spending so much money on your business when you don’t even know these small things. Furthermore, there should be transparency in your business. Transparency in the sense, your employees should know how to coordinate with each other in order to bring the desired output. For instance, the warehouse workers should know exactly at what time the shipment will be arriving. The sales managers and consumers should also be able to track the shipment at any time they want.

#2 You’re Using Too Many Softwares For Different Tasks

How often does that happen that your business is expanding and as it’s getting more difficult to operate, you are buying too many softwares for different purpose? Of course there isn’t a comprehensive requirement as such. So you can definitely save some money by purchases cheap softwares to accomplish small tasks. But how long do you think you can do with that? Managing so many softwares at once is also going to add to the complexities. Ultimately, you will be needing a comprehensive software at some point of time. Nevertheless, instead of augmenting the number of softwares you use which only multiply your costs, it is better to make an investment once and for all.

#3 When Your Business Processes Go Sluggish

As already told, it is very important to maintain pace with this fast moving world. Usually it happens when you are hiring so many employees to increase your efficiency but despite of that, your business processes are going extremely sluggish. In short, complexities are increasing and it’s getting more and more difficult for you to manage everything. This greatly affects your reputation in the market. You are not able to make deliveries in time, you are not able to pay your employees on time. Consequently, your sales go down and your market shares also suffer. Eventually, you might need to lessen the manpower to cut down the expenses. And in such financial crisis, if you opt for an ERP solution, it will only result in more losses in business. So, it is better to take timely precautions by taking an ERP solution before it is too late.

#4 When Your Customer Experience Is Suffering

Generally it happens due to lack of coordination between the workers and internal conflicts and most of the times, the customers pay have to pay the price. When you aren’t able to make the deliveries on time to a bunch of customers, it not only leaves a bad impression on those customers but also affect your potential sales in some way or another. Deteriorating your image in the market is another thing that comes along. In today’s market, customer feedback matters a lot and if you are not able to make your customers happy, you should always keep in mind that there are hundreds of competitors in the line who are eagerly waiting to steal your customers  

#5 Your Competitors A Giving You A Hard Time

Many times it happens that you are doing everything right but still you are lagging behind in the competition which is continuously intensifying every passing day. You competitors are suddenly rising, thereby degrading your sales and profits. Well, to tell you the truth, chances are, they are now using an ERP software and you aren’t. In that case, you can always make a remarkable comeback by taking an ERP solution before it’s too late.

Oodles Technologies is an offshore ERP Software Development company that offers cheap and effective ERP Software Solutions to a wide range of clients and customers all over the world. We have a brilliant expertise in developing over the top ERP based software applications and utilities using latest technologies.