As your company grows, your requirements become more complex. Both day to day operations and big picture planning involve an ever increasing number of moving pieces.
However, problems quickly arise when complexities begin to overwhelm a growing business. Productivity begins to take a back seat to tedious administrative tasks and crucial information becomes lost in a sea of separate systems.
Many businesses find that a unified solution in the form of an ERP system helps to manage the complex processes and problems that come with growth. When the moving pieces in your business sit within a single system, it becomes easier to sort through them and retrieve any information you need, whether it is a detailed piece of data or complete visibility of your company as a whole.
If you are familiar with any of the following pain-points, it might be time to consider implementing an ERP solution.
Is your data sitting in separate databases?
As your business grows, you may have naturally chosen multiple systems, each performing specific functions. While these systems may have filled a purpose at one time, utilising separate systems can impact on the growth of your organisation.
Delegating work across disparate platforms means more time spent on administrative tasks and leaves your data prone to error as a result of missing or inaccurate information. In contrast, unified data within a single system allows for efficient workflows and accurate insights.
For example, if your sales team and warehouse team are working with different stock information, customers may be placing an order that can’t be filled.
Is management spending more than one hour creating reports each month?
Extracting and organising data for hours on end is not an efficient way for your employees to spend their time. The days of manually constructing spreadsheets is becoming a thing of the past and even if they’re compiling data digitally, it should be as easy as a few clicks of a button.
Data is instrumental in making business decisions and the longer it takes to compile a report, the less accurate the data within it will be. Therefore, it is necessary that the data in your reports is as recent as possible.
With the implementation of an ERP system, real time data can be compiled into a report within a matter of minutes; eliminating the need for unnecessary data entry and ensuring uniform data across all areas of your business.
Is there complete visibility across your business?
Complete visibility across your business is crucial to understanding how various business units affect, not only one another, but the company as a whole.
•Are you losing money somewhere but you don’t know where or why?
•Are you taking in money but you don’t know where or how?
A unified system allows you to track business processes across your organisation so the answers are always at your fingertips. If you don’t have a single system unifying data across your business, you’re likely to overlook potential threats and opportunities for growth. Furthermore, implementing clear business intelligence dashboards displaying your data in appropriate charts and graphs which can be easily explored can lead to further powerful insights.
Is there clear automation in place to manage tedious manual processes?
Manual processes leave your business open to errors. If your business units are using separate systems, then your employees are most likely spending the bulk of their time notifying other departments of information changes.
Using technology to reduce costs and improve efficiency is one of the simplest ways businesses can maintain and boost their competitive advantage. Cutting the time that staff spend on tedious administrative tasks frees up more time to spend on growth and innovation.
So, is your business finding it difficult to locate data and thus taking far too long to complete reports?
Are your staff frustrated by poor business visibility and tedious manual processes?
An ERP system allows you to shape all of the moving pieces of your business into a solid organisation hinging on productivity and growth. With the ever-changing nature of businesses, the right ERP software solution will make the changes of your business transparent, allowing you and your team to navigate them with ease. Discover how Endeavour can help you meet your next professional challenge today.