If your organization has been considering upgrading to an ERP (Enterprise Resource Planning) solution, here are 10 reasons that might be a good idea.
1. Real-time information
When you’re not utilizing an ERP system, there are going to be times when your decisions are based on your best guess. An ERP system helps you make better educated decisions, based on real-time data.
2. Best practice implementation
By adding an ERP system, organizations are able to learn best practices for different industries, as they add clients. This creates better efficiency.
3. Improved Visibility
Want to know when an order has shipped? ERP systems allow for instant visibility.
4. Faster closing of month-end
Automatically process transactions and generate your audit trail and reports. This instantly can improve your month-end closings and can help flag any anomalies.
5. Increase client satisfaction
ERP systems provide improved inventory and shop floor visibility. Keep your clients happy by improving your visibility, which improves accuracy.
6. Controlled costs
Calculate and control your costs and have an accurate picture of product cost and margins.
7. Better operational efficiency
ERP systems can help you plan your production more efficiently and reduce unnecessary wasted time.
8. Accurate records
An ERP system will help uniform your data. This ensures that your records are more accurate.
Know your supply vs demand. Reduce or increase inventory as needed.
10. Reduce lead time
Better scheduling and accurate records ensure focus on priorities. This leads to shorter lead times.
Yeo & Yeo Technology’s Business Applications Group specializes in Sage 100 ERP. Contact us today to learn more!