While purchasing any software, an obvious question arises in our mind that why we need a software. Today’s in this article, we tell you about ERP and 5 Top Most Curious Reasons to Choose an ERP.
If, you are new to purchase a software. It may find you difficult to understand why ERP is important to Your business.
So, we would suggest you to take Schedule a short consultation before purchasing any type of ERP solutions.
Example for Reasons to Choose an ERP
Let say a customer asks to sales guy to purchase a product in urgent.
To assure that the product is available in inventory. Your sales person will ask to Inventory management department.
If the product is not available in stock. Sales guy approaches the production planning department to manufacture the product.
Production planning team checks with the availability of raw material by approaching to Inventory management department.
This process takes too much time and your customer will find an another vendor in this duration.
Here ERP comes in vital role.
Enterprise resource planning (ERP) systems are used by organizations looking to manage their business functions within a centralized and integrated system.
The above example is just of manufacturing industry. But ERP can also be used by various enterprises incorporating those in medical services, charitable gatherings, development and accommodation.
By having an ERP, you ensure that every company process occurs within a single space which, if managed properly, can greatly improve your company’s revenue.
By taking an informed and objective approach, you can find the ERP system that best fits your current business needs.
ERP stores all entered data into a single database, allowing all departments to work with the same information. Additionally, all this data can be organized, analyzed and made into reports.
ERP brings together sales management, Inventory management, human resources, business intelligence, financial management and supply chain capabilities into one system.
5 Top Most Curious Reasons to Choose an ERP
1. Faster response-
In our digital age, more and more people are turning to the internet to receive advice .
As your business grow in the market and your reputation increases. You have to differentiate from your competition and that could be by improving your service delivery.
To deliver better customer service, your sales team need maximum access to all information across all departments. This is one of the Reasons to Choose an ERP system.
2. Improved overall management
If you are not using ERP, you have to merge information from various systems or sources. Now suppose your sales team is entering the same client information over and over again into several different systems.
You are inviting human error into your processes. While using Shivit ERP, it could easily be avoided.
With Shivit ERP, all team members have access to the company-wide data they need. There is no concern about how accurate, complete or secure the data files are.
3. Helps to build strategy–
Purchasing Shivit ERP system is an investment in your company. It provide actual and real-time data related to the company’s daily operations. This data helps decision makers plan their strategy.
4. Manage company finances-
Both duties and compensations are calculated automatically within Shivit ERP. Our ERP system pulls and stores data about each employee’s work hours, accounts for any bonuses, calculates associated taxes and exemptions, and displays the final financial amounts.
Necessary tax documents and bank invoices are also generated automatically by our shivit ERP. Your accountants only need to press the “Print” button to have everything ready, making finance management simpler and much faster.
As developments in AI and machine learning continue, ERPs are getting smarter. Not only can they take care of some of the more tedious business administration, many ERPs also learn from the data inputted into them.
With access to business data from across an organization, ERPs can analyze key information, provide practical insights, and suggest steps to help businesses work more efficiently.