Why ERP Systems are Necessary for Businesses?

Really, why do you want an ERP system? You’ve acquired sufficient in your plate without going to the difficulty of finding and implementing a new system in your enterprise. Even in these difficult times, the enterprise is shifting along, seeing some progress, still getting orders, turning a little bit of a profit and generally getting by okay. So why rock the boat and spend money and time on a brand new system?

It’s easy. There’s little question that ERP systems carry a number of advantages to companies, particularly manufacturing companies. Whilst some companies still resist the thought of needing an ERP system, citing price, being too busy, too small or managing with spreadsheets as justification, most progressive and ambitious companies are recognising the opportunities an ERP system can present them. Not satisfied? Here’s the top 9 reasons our shoppers gave us as to why they required an ERP system:

1. We need to improve our effectivity

No firm wants to be carrying pointless inventory after they can avoid it. An ERP system allows you to know exactly what inventory you want for every job and once you need it. ERP system additionally lets you automate lots of your processes so efficiencies could be created throughout your complete production process. This means less duplication, higher scheduling of resources and decreased downtime.

2. Our present systems don’t do the job

Plenty of companies struggle with a legacy system which can once have done the job but is now woefully insufficient to do the job of the latest ERP system. Eventually you will discover that this is not sustainable, whether or not via lack of vendor support, a data gap created when customers leave or simply plain outdated lack of performance stopping you from getting any meaningful information.

3. We’ve acquired too many spreadsheets

The humble spreadsheet may once have been a implausible resource to store your data and even present some primary analysis of that information but it’s long been surpassed by the ERP system. Multiple spreadsheets in companies are still a standard incidence but as your organization has grown, you’ve most likely acquired too much information to be dealt with by your present spreadsheets alone. Do you actually need to add yet another spreadsheet to your combine? An Odoo ERP system replaces spreadsheets while bringing collectively all your data and supplying you with real time solutions.

4. We want better performance

At present accountable society, many roles require correct traceability. Working in provide chains for main sectors like aerospace, automotive or defence permits no room for errors or delays. If you wish to bid on — and win — contracts in these sectors, you’ll want a system in place that may present full traceability, handle your inventory levels, schedule your manufacturing floor and manage loads of different features. Yes, you’ll want an ERP system!

5. We wish to minimize errors

An ERP system presents you the chance to reduce human error considerably. Where departments use their own standalone methods, incorrect or inconsistent information could be entered into every system. With ERP software, everything comes collectively so info only must be entered once. This information flows via the entire system, with every division accessing the right unique data. And as a result of tasks and activities are also within the one system, it’s easy to test the standing of these, so nothing slips via the cracks when your employees are on vacation or off sick.

6. It’s time to consolidate our information and get real time data

You may be using a spread of spreadsheets or have multiple ‘best of breed’ methods but do they totally integrate with each other to provide you a full image of what’s taking place in your enterprise? Without having all of your information in a single place, it’s difficult to make big decisions about what must be done. An ERP system normally features a dashboard which shows your KPIs and flags any exceptions. The beauty of getting your information within the one system is that all the details about an order is in one place — from the initial enquiry right via to the invoicing giving you quick access to every job.

7. We need to realize ISO accreditation so we will move into new markets

Certain industries and companies demand their suppliers are high quality accredited. Whilst gaining accreditation generally is a lengthy process, it’s considerably simpler with a great ERP system in place. You need an ERP system to support your enterprise’s end-to-end processes and guarantee standardization and process uniformity are the norm. Checks could be built into an ERP system to ensure that procedures are adhered to, leading to constant high-quality working practices — the key factor in achieving ISO accreditation.

8. We’ve received no visibility of what’s taking place on the store floor

You know you have received loads of jobs on the books but do you’ve gotten any idea of the standing of any of them? This lack of visibility could be expensive and frustrating and means you’re more than likely being reactive rather than proactive. An ERP system will monitor all of your jobs from inquiry via to bill and, what’s more, will schedule them in to maximize the effectivity of your shop floor capability.

9. We need to improve the worth of our firm and develop

It’s hard to extend the worth of your organization when you’re counting on outdated systems and spreadsheets. Owners in search of an exit strategy from their enterprise can create higher order and management by bringing in an ERP system to reduce inventory, streamline processes and velocity up the flow of jobs via the corporate, leading to an improved bottom line. Greater effectivity lets you become more competitive and offers stable progress prospects.

How many of those reasons resonate with you? If you’re considering that you could be nicely need an ERP system, then give us a name on +91 9971 800665, drop us an email or go to our website for more info. You can even arrange a free demo with us to see Odoo ERP in action.