Enterprise Resource Planning (ERP) systems automate processes, manages important information through a unified system and have proved to be an asset for organizations worldwide. However, many organizations quite often find themselves unable to reap true benefits of ERP systems due to the myths and fallacies surrounding ERP. Let us see how implementing ERP solutions can strengthen security, avoid confusion that leads to myths and fallacies about ERP software, and embark your organization with more power to generate revenue.
Cost- Implementing an ERP system improves your business operations for years to come and proves to be cost-effective in the long-run with its comprehensive execution of processes to meet the needs of your enterprise. ERP solutions also lower IT costs and improve efficiency by reducing training requirement for end-users, support for staff, infrastructure needs and much more. At the end of the day, an ERP solution may not be the cheapest option, however, a simple reason to choose the right ERP software for your enterprise is in its advantage not limited to the executives where your entire company will reap benefits by eliminating the need of numerous applications and interacting with one system only. ERP solutions feed into your enterprise ROI’s by letting you achieve long-term goals and objectives efficiently.
Functionality- One of the most common myths associated with ERP software is that it’s better to have more ERP functionality, however, that is not the case. What determines the ability of an ERP solution to be successful and drive success for an enterprise is in its ability to tailor solutions for your business needs and not overwhelm you, or your employees with excessive functionalities just to prove its capability. Thus, investing an ERP software that enables your organization to streamline operations by eliminating repetitive processes of manually entering information/data will make it easier and efficient for your enterprise to collect, manage and process data.
Security- An ERP solution offers a robust solution for an advanced user-permission setting. ERP software improves accuracy, consistency and prevents data from falling into the wrong hands. With advanced user-permission settings, an employee, for instance, will only be able to access and edit information or data that they are given access to from the unified system. Thus, with an ERP system in place, your enterprise’s data and the information is secured with choices to enhance restrictions to data over the period of time. Furthermore, since all the information is merged into one system with advanced security allows you to centralize backup of your enterprise’s critical and sensitive data. With cloud-based ERP systems gaining more momentum providing round-the-clock and an extra layer of security gives a higher degree of security for the enterprises.
ERP software is able to process and manage data more accurately when compared with manual data processes which require manpower, are time-consuming and slow down the growth of the enterprise. Since ERP systems eliminate human inputs, and thus human errors, the underlying processes and data quality is improved. The integration provided through ERP systems prove to be more reliable for the entire enterprise, rather than individual departments.
Aarav Solutions is a multifaceted organization that is not limited to just identifying the problems and providing services, rather our team of experts executes and implement complete solutions to bring changes from the grass root level where you and your enterprise get to take advantage of the opportunities first-hand. Cloud based ERP solutions are also proving to be an essential and valuable data-management tool which allows you to manage and automate numerous business-related tasks such as accounting and financial, inventory tracking, analysis, complex manufacturing processes, material management, and much more.