Strengthen Collaboration And Break Down Barriers With ERP
Businesses are made up of many departments and teams of people that when working together can drive growth. However, if your people are using disparate systems and specialty software programs, then your data is left in silos – difficult to get and even harder to use. Break down the barriers and strengthen collaboration by replacing disparate systems with an integrated enterprise resource planning (ERP) solution. Businesses often choose specialty business software because it seems to make sense. Sales representatives need to capture sales data, inventory counts require a specialized inventory management software, and so forth. These unique software systems may seem efficient on their own; however, they also create risks. To share data with management or other teams, someone needs to take the time to export data or prepare summary reports from those individual systems. In addition, that data may be entered into spreadsheets or another specialty system for comparison or analysis. Redundant data entry not only wastes valuable time, it introduces the risk for typos and other data errors, which can lead to poor decision-making.
Save time and gain visibility throughout your business by replacing disparate software with a single integrated ERP solution. You can manage all of your core business operations with greater efficiency from within one robust ERP solution, such as Epicor® ERP, than with multiple, specialty solutions. You and your teams can enter, access, and analyze key data pertaining to finances, inventory and supply chain, manufacturing and distribution operations, human resources and payroll, and other core business processes. Built-in business intelligence and reporting features can provide quick access to accurate, real-time data, which you can use to make the swift business decisions that drive growth. Epicor ERP also offer time-saving automations that can streamline common business processes. For example, you can enter customer data once and use it to complete a sales order, prepare an invoice, or offer follow-up services and support.
Cloud, on-premise, and hybrid ERP
There are three different types of ERP deployments – cloud, on-premise, and hybrid. Explore the benefits of each, and choose the one that makes the most sense for your business.
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Cloud ERP
Simplify your IT landscape – and take advantage of affordable subscription pricing – with cloud-based ERP (SaaS ERP).
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On-Premise ERP
Run your enterprise resource management software behind your own firewall – for maximum flexibility and control.
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Hybrid ERP
Run some of your ERP applications on premise, and some in the cloud – with hybrid ERP (also known as two-tier ERP).
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Make Data-Driven Decisions By Replacing Inadequate Software With An ERP Solution
Business managers rely on accurate data to make decisions every day. However, businesses using entry-level software or spreadsheets may not have quick access to reliable data. Get closer to your data and make those data-driven decisions by replacing inadequate systems with a robust enterprise resource planning (ERP) solution.When using multiple, separate systems, your data is also stored separately. You rely on departmental employees to prepare summary reports for financials, inventory, sales, and other important business issues. This process takes time, delaying the ability to analyze and use your data. In addition, data may be re-entered into new spreadsheets or other report formats which can lead to errors. You can’t make prudent business decisions with aging and inaccurate data.
Instead of relying on disparate, specialty software, use a more powerful, integrated ERP solution. You can manage all of your core business processes in this single, centralized solution, including financials, inventory and supply chain, manufacturing and distribution operations, human resources and payroll, as well as other core business systems. This one modern ERP solution is easier to learn and use than multiple, specialty software, which makes it easier for your team to enter, access, and use the business data being generated each and every day. Data is easily accessed and shared, without the need for redundant data entry or other delays. As a result, you can rely on real-time data to make swift, prudent business decisions, improving profitability and customer satisfaction.
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Survey Of Financial Executives Offers Insight Into ERP Implementations
CFO.com conducted a survey of 160 senior financial executives to gain insight on real world experiences with enterprise resource planning (ERP) implementations. These experts shared their stories with the intent of preventing other businesses from making similar mistakes. As discussed in “ERP: Lessons from the Field,” posted by Chris Schmidt on CFO.com, here are three tips worth considering as you embark on your ERP implementation.
Choose a partner, not a provider: Deploying an ERP solution requires the expertise and support of a reputable software provider. This is a partnership and your provider should be experienced in your industry, understand your business needs, and guide you into finding a solution that matches those needs. You don’t want to be pressured into choosing the wrong ERP solution and you should never let providers push you into changing business processes to fit the software. Your ERP solution should work the way you work, not the other way around.
Choosing the right ERP solution: Many ERP platforms offer the ability to manage all of your business operations including finances, supply chain and inventory, manufacturing and distribution activities, and human resources and payroll processes. Several platforms offer tailored solutions for specific industry types such as retail, food and beverage, manufacturing, ecommerce, and others. Some solutions offer additional customizations to capture unique business processes or can integrate with add-on solutions that can provide additional value. A flexible ERP solution, such as Epicor® ERP, can stay aligned with your business as you experience growth. Be careful not to over-customize or choose a solution that offers more features than you really need. Adding unnecessary features or functions will cost more and can confuse users, leading to problems with data entry and use.
Change can be good but is often met with resistance: People can be accustomed to existing systems, even when they are inefficient. Involving a cross-section of representatives from the beginning of the process can build acceptance and support from the start. Initial training and periodic re-training can also reinforce the benefits of using ERP, such as improving productivity and profitability. Getting support from throughout your business can encourage greater user adoption and support.
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How we deliver business value?
Our implementation process starts with understanding your business processes compared to best practices in your industry for a company of your volume and niche. Process optimization cannot start without understanding the process first. We at Anand believe that customer should be focused more on their core competence than worrying about system stability. Hence our implementation process starts well before we first get on to the system and goes well beyond successful go-live. Our experienced team members engage with customers through every step of the process.