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blog | April 18, 2014

4 Warning Signs it’s Time for a Modern ERP System

As your business grows, so does the complexity of your operations. It’s likely your processes are not producing the same results they once did and you’re losing money due...

By WorkWiseSoftware

As your business grows, so does the complexity of your operations. It’s likely your processes are not producing the same results they once did and you’re losing money due to diminished productivity, insufficient business intelligence and missed opportunities.

If you’re business is dealing with various growing pains, it may be time to consider a new, modern Enterprise Resource Planning (ERP) system. Here are 4 warning signs you may need a new ERP system:

    1. Your systems are disjointed. Does your business use one system for production, another for inventory, another for accounting, another for entering customer orders, and yet another for tracking orders? Does data have to be entered and then re-entered again and again? Without a modern ERP software solution, you’re likely working off a combination of spreadsheets and disparate systems with little or no integration among departments. Implementing ERP will integrate all business processes, providing accurate, real-time information, breaking up logjams and allowing your staff to be more productive and knowledgeable.
    2. Customer complaints are on the rise. Are your customers not as happy as they should be? When inventory, sales and customer information are maintained separately, setbacks are bound to occur that ultimately lead to unsatisfied customers.
    3. Lack of information is hampering your ability to make proper business decisions. Poor access to critical business information and key performance indicators (KPIs) such as ROI and sales margins, is a strong indicator it may be time to consider a modern ERP system. ERP systems can provide the real-time business intelligence managers need to make critical business decisions.
    4. Processes are inefficient and time-consuming. Are your employees spending a lot of time manually entering the same data into different systems? Is it taking too long to reconcile financial information across all systems? Aside from being inefficient, too many manual processes allows for a greater chance of errors and inconsistencies in the data. It’s time to take a good, hard look at your processes and evaluate how much time is wasted on tasks that ERP can handle instantaneously.

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