Is it taking you longer to reconcile financials at the end of the month? Are you struggling to keep up with your order volume? Is some work progressing to the point where it becomes frustrating? If any of this sounds familiar to you, it may be time to start considering consulting an ERP services company. Every business is different and has their own unique capabilities and weaknesses, so there’s no one indicator that screams ‘you need an ERP system!’. However, the companies that may benefit the most from consulting an ERP services company tend to face similar drawbacks and frustrations. (Information source: https://www.gosolutions.group/erp-services/)
If your company is struggling with any of these issues, you might be ready for a complete ERP system:
1. Inaccurate Inventory
Whether you have too much or not enough, inaccurate inventory can have highly negative effects on your business. If your company struggles to accurately track inventory and this has become a major issue in your business, it may be time to consult with an ERP services company to install an ERP system.
2. Customers are Unsatisfied
This is usually one of the negative spill overs from inaccurate inventory handling. If products are not delivered on time, as a result of too little inventory, customers will be left unsatisfied and unhappy, which may negatively affect the company’s established relationships. However, with an ERP system, customers will be able to view the status of their products themselves.
3. Communication Silos
A major issue in most businesses is when there is a lack of communication between departments, as this paves the way for several errors. The one half doesn’t know what the other half is doing. By consulting with an ERP services company and having an ERP system installed, a direct connection is formed between suppliers and customers, streamlining the communication process.
4. Manual Business Processes
This falls hand-in-hand with the idea of working in silos and any other issues that are restrictive to smooth business operations. The software used in your company should seamlessly align with your processes. For example, while Excel is amazing for both small and large businesses, it is not a seamless business process that can offer automated data capture. Therefore, you should have an ERP system installed that removes any need for manual business processes.
5. No Access When Working Remotely
If your software is unable to be accessed when working remotely, it could have serious negative implications on your business processes. By consulting an ERP services company and having an ERP system installed, your employees will be able to access the software from any location, as long as they have an internet connection. Thereby, providing you and your company with an advantage over your competitors.
While switching over to a comprehensive and integrated ERP system may seem like a timely and costly implementation, it will only have a positive effect on your business operations. As your business begins to grow, it’s likely that you will begin to outgrow your current software and systems. If this is the case for you, contact an ERP services company today to streamline your business processes.
