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6 Signs that SMEs need to Employ ERP Software

By September 16, 2020 February 1st, 2021 No Comments

All SME firms yearn to grow to the next level but with various issues facing SME businesses today, it makes it difficult to achieve the planned course. A few of these issues occur with the use of an untrained workforce, multiple small applications, legacy systems, and communication gaps between different departments frequently caused by a lack of transparency and inadequate information. All of the above and many more are what you should be concerned about as a business owner.

When exactly does a business need ERP?
There is indeed no mandatory set up of rules stating when a company should implement an ERP software or when not to. Nevertheless, when a business is facing planning, organizing, and administrative restraints, a fully-integrated ERP system is to be taken into consideration.

Here are 6 Major Signs!

• Your Accounting is Time-Consuming:
Every accounting and financial manager aims at improving the wealth, profit margin, operation efficiency, and avoiding expenses resulting from accounting errors. If an integrated ERP is used for accounting, all data is automatically transmitted, eliminating the need for manual data entry. This helps to free up some time for manually retrieving and entering information. More time will be saved for high-value activities such as finding other concepts to grow your business faster.

• Absence of Optimal Customer Experience:
Customers believe that a business isn’t competent when it cannot provide them with what they need promptly. For example, when customers call and needed to get information on the status of items but the team is unable to give the right and prompt answers, ERP has to be implemented. With this solution, you get the data when you need it. When processes are well organized, information is always on hand.

• Complex IT Systems:
Operating different systems to get a job done and updating all the company software simultaneously is a tough job and could result in the disruption of data. ERP organizes data and processes into a single system. This reduces the workload on your IT personnel and eliminates the need for frequent software updates as well as expenses from these services.

• Inventory Management is Becoming Hard:
If a firm can’t keep up with inventory, then it’s time to optimize the inventory management and manage the inventory better. The inventory management system needs to be very flexible to quickly respond to changes whether large or small. ERP software is designed to perform that easily from a singular system, thus, reducing errors and improving efficiency.

• Staff Collaboration is Poor:
If information distribution, workflow among the team from different departments and locations is hard to deal with, the use of an ERP is mandatory. With the help of an ERP system, all employees find it easy to communicate, collaborate, and share information. As a manager, you can easily track, and monitor their workflow and view what the team is doing.

• The Threat of Insecurity:
Maintaining a safe and secure ERP with high levels of data consistency is a smart decision. A cloud ERP system can make your business even more secure by providing peace of mind to business owners, the team, and to customers.
uERP is cloud-based and does it all, it’s user-friendly, flexible, customizable, scalable, affordable, and easy to implement. They can even be mobile, enabling you to work anytime, anywhere. uERP can lead your business across the globe. Let Urbansoft give you the right ERP software and move your business to the next level. Contact us!