Why Should You Invest in an ERP System?

Why Should You Invest in an ERP System?

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Why should you invest in an enterprise resource planning system for your business?

The answer, put simply, is because it allows you to unify all your data under one system. Organizations are more reliant on their data today than ever—it informs everything in a business; whether it’s customer service, product refinement, supply chain logistics. There’s virtually nothing that can’t be improved by utilizing data.

It’s for this reason that companies are investing in ERP. These systems are more affordable today and, because of the cloud, more freely available, accessible, and secure thanks to big strides taken in the efficacy of modern data centers which commonly use tier IV servers.

Related Post: Why You Need a Tier IV Data Center

ERPs allow for the integration of data sets across all areas of business into a single tool, meaning more visibility, more efficient workflows, better productivity, and ultimately more data-driven decision making for business processes.

Take a look at our handy infographic to see five clear benefits that implementing an ERP system can bring to your organization.

Why Should You Invest in an ERP System?

Cloud-based ERPs are excellent tools for modern businesses looking to improve their operations through technology, data and automation. For more information about how enterprise resource planning, visit our solution page and learn everything you need to know.

Infographic in written form:

Why Should You Invest in an ERP System? 

Enterprise resource planning refers to unifying all your business processes and data under a single solution. Why should businesses invest in an ERP system and what benefits can they expect from one?

Real-Time Information and Data 

Implementing an ERP allows integration of different systems, like sales and customer relationship management, as well as access of company-wide data in real time, helping aid decision making and preventing departments from becoming siloed. 

Collaboration 

Businesses cite increased collaboration as the second-biggest benefit of implementing ERP, allowing more cohesion between departments that are able to more readily exchange data and information.

Productivity 

65% of businesses adopt ERP in order to improve their operational efficiencies and general productivity, with half of them reporting improvements to key business processes by being able to assess and analyze workflows. 

Total Visibility

ERPs allow companies to unify their operations into one single dashboard—sales, customer service, accounting, distribution, human resources; all visible under one software dashboard.

Cost Efficiency

ERP integration offers the opportunity to automate existing processes and cut unnecessary costs. 95% of organizations improved their processes through ERP use.