Improve the time intervals between your operations. Streamline your processes.
When a business is growing, even small improvements in efficiency have the potential to make a big difference. For small and medium-sized businesses, this is particularly relevant. In fact, the momentum generated by improved efficiency can lead them to the top of their industry, while competition stagnates.
It helps you manage data more effectively, maintain confidentiality, make adjustments flexibly, improve work productivity, increase sales, and make effective decisions at the right time. It also helps in long-term planning.
Some of the main benefits of an smart ERP system for SMEs are the following:
Integrate the flow of information. ERP System helps integrate the flow of information between different business processes, while synchronizing ongoing operations with the company's financial system in real time. In this way, visibility is gained on key processes from sales order entry, product prices, shipping / delivery, inventory and warehouse, production and acquisitions, to invoicing and finances, among others. This allows management to see the financial implications of ongoing operations when necessary.
Improve planning. Smart ERP system helps maintain consistency in policies and processes throughout the organization, improving customer services and profitability. An example of this is that, in the case of manual control, the budget is released, however, it is not reviewed whether or not the receipt confirmation is generated, something that does not happen with the software, where automation avoids errors or gaps in planning.
It makes it easy to maintain control and reduce operating costs . Increased transaction volume and rigorous use of spreadsheets can lead to a lack of control over data, as well as operational bottlenecks. Entering data into spreadsheets can also cause errors, leakage of confidential information, and unnecessary chaos . Best ERP Software for SMBs makes it possible to overcome these setbacks, even in companies with heterogeneous processes and a growing volume of transactions. Today, with the increasing complexity of functions such as human resources and in times of revenue growth, the lack of proper integrated business software can have a negative impact on the business. The end result can be an impact in the form of lost orders, inventory shortages and poor planning, lost billing, lost shipments, and therefore lack of control. Did you know that real-time data can reduce an organization's operating expenses by up to 23%?
Improve productivity. Key information from all departments is available on a single platform. With an Best ERP Software for SMEs, it is no longer necessary to contact employees from different areas and / or use spreadsheets to collect dates or confirm data. This helps maintain consistency in work processes, saves time and improves productivity.
Provides agility and flexibility. One of the greatest advantages of ERP software for SMEs is the agility and flexibility to adapt to the needs of the market or the conditions imposed by the buyers . On the one hand, necessary adjustments can be made in data management to maintain business flexibility. For example, stock adjustments, changes in sales figures, cancellation of orders, etc. they can be flexibly maintained in ERP software rather than deleting data and entering information into a spreadsheet. On the other, its functionalities allow to focus work in an agile way, a condition for survival in the current market environment.
Optimize the HR function . This tool can also help you organize your company's most valuable resources - people. For example, in hiring, an ERP can help hiring managers better understand their staffing needs so they can plan and invest accordingly , and thus find and attract the right people the first time. An investment in improved recruiting tools is an investment in people, culture, and the company as a whole. In addition, an ERP helps department and HR managers to gain visibility, not only to plan based on historical data, but also to continuously improve processes, which can reduce absenteeism or better understand the correlation between overtime and productivity to ensure that you get the most out of overtime pay. In terms of training and development, compliance, collaboration between areas or information update adds an extra value. Finally, we must consider the advantages of automation in this department. HR departments work best when handling exceptions and can automate tedious and repetitive tasks. Also, in many areas of HR, timing is everything. Automation supports the HR department's efforts to provide what employees and the organization need quickly and competently, further improving workflow and reducing human errors and delays.
In addition, ERP for SMEs improves decision-making, guaranteeing the availability of the necessary information. By having accurate data at the right time, you have the vision that guides the most successful decisions for the growth and sustainability of the business.
An ERP implementation can transform any organization into a more productive, streamlined, and profitable version of itself by streamlining and improving operations , communication, and business intelligence from warehouse to supply chain management or accounting.
Having a good tool is key when the company needs to implement, modify, assume other functionality, from the inclusion of a new office, or a different KPI. Also in cases where, given that you have more aggregated information that you did not have before, you want to delve into it or create a new report model. In the case of ERP Software Suite, for example, the customer with their own resources is able to cover most of these needs, also saving on their costs.
Does your system allow you to compare the sales figures and the income of different months? Do you have the ability to forecast future sales and financial needs of your company? It is time to start making effective decisions that adapt to the requirements of your business, the time has come to make a good technological choice. Did you know that 96% of high performance growth companies trust an ERP
The ERP software unifies your knowledge of the company providing a unique vision that brings together all the relevant information from different areas and operations. With a solution of this type, silos disappear and, with it, biased analyzes, poorly informed decisions and errors caused by lack of perspective.
Having a single vision of the truth brings the people in charge of the organization closer to the reality of the business, at the same time that it allows sharing this valuable knowledge with the people who work in the different departments. The immediate access to data reliable makes work easier and increases quality.
ERP tools to improve customer relationships
The sales and marketing areas have been working collaboratively for a long time. But this symbiosis within the organization that we see so logical should not be limited to these two departments, since operations integrate many more areas.
If this is taken into account, it is clear that a CRM is not enough. This system has its limitations, since it does not include information from production or accounting, among others. An ERP software , on the other hand, does provide all the important information of the company. It is relevant data that broadens the vision and improves the service that can be offered to the customer.
Increase profitability of operations with ERP software
An ERP system makes planning easy and reduces errors. In practice, this translates into better decisions and greater savings by eliminating data inconsistencies and optimizing business processes.
From the follow-up of the orders, to the knowledge of the SKUs in stock , everything helps when closing a sale and offering a quality service to the customer. In addition, thanks to ERP tools, you can also monitor the evolution of payments to find out if they arrive on time and know which customers are the most punctual when it comes to solving their debts.
Have support for business growth
In recent months we have seen that many companies have been digitized in an accelerated way, as the only solution to the new reality in which they find themselves. They have reached the cloud, they have prepared their staff to work remotely and, in some cases, they have even opened an e-commerce, which they lacked before the pandemic.
Necessary steps have been taken, but, in some cases, without the proper order and structure. And this does not benefit the business, because there are many aspects to manage. That is why the ERP System is presented as an integrated solution to gain visibility today and prepare for tomorrow and everything to come, thanks to its flexibility and scalability.