To drive innovation and efficiency within your organization, you need the right technology. Today’s software creates transformative changes for businesses. Enterprise Resource Planning (ERP) is right at the forefront of that. How can it make an impact for your business? With data!
Brene Brown said, “In the absence of data, we will always make up stories.” You don’t want to run your business on stories. You want to make decisions based on good, updated data.
Think about the last decision making meeting you had. Was the conversation driven by data or was it more based on feelings or stories? How do you know if you’re progressing? Your business could be doing even better than it appears, but you don’t have the numbers to tell you one way or the other. When looking at your own data, it’s very possible you have a bias as well: looking to find the picture that paints the successful story, rather than being clear and upfront about both struggles and successes.
With the right ERP software, you can see that picture clearly, thanks to improved data collection and business intelligence. Read through these two meaningful benefits and let us know if you can leverage them for your business.
- Collect data from the beginning to the end, automatically. Many companies depend on spreadsheets, manual processes, and institutional knowledge (which resides solely in an employee’s head). Making decisions with this hard-to-access data means you’re walking around in a dark room with your hands out in front of you, hoping you won’t crash. Turn on the light and walk straight to the information you need with ERP data collection. Solutions such as Acumatica and Microsoft Dynamics 365 empower businesses to automate data collection. Ditch those spreadsheets! Say goodbye to manual steps! Rest easy knowing if certain employees left, you wouldn’t lose all of that knowledge. You can leverage your ERP system to gather data from manufacturing, accounting, distribution, and more. Improve your decision making when you sit down and look over reporting and analysis from real-time data.
- Meet, and even exceed, compliance requirements. Whatever industry you’re in, you have to meet a wide range of compliance requirements. These expectations may come from your industry, the state or federal government, or even international agencies. You may feel you’re scrambling to keep up with changes, meet expectations, and comply with one or many regulations. Within ERP solutions, you can tap into compliance modules, which can give you a clear picture of expectations and whether you’re meeting them. How much easier would your life be if these were recorded and updated for you automatically? Don’t spend another moment of your busy work day worrying about whether you’re in compliance. Rest easy because you have ERP tools that give you a clear picture and do much of the work for you, collecting the necessary data, storing it, and giving you the reports you need when you need them.
ERP solutions tailored for the unique needs of each business, so it’s hard to put all the benefits in a simple list. Contact us to learn how we can help you find that perfect match and understand the impact it can have for your business, your employees, and you.