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NTERPRISE RESOURCE
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PLANNING( ERP) technology has been around for decades. Because it contains the word‘ enterprise’, some people tend to associate it with much bigger, global organisations.
It’ s undoubtedly true that an overwhelming majority of the world’ s biggest businesses use ERP. However, it’ s also true that smaller companies can use it just as productively and effectively and see the same benefits in terms of growth and efficiency. My company specialises in the industrial midmarket, so I see every day how ERP can be transformative for organisations that size and in that sector.
But for companies starting out on their ERP journey, it can feel daunting. Can they justify the outlay? Will their ERP system demonstrate ROI? How will it impact the business overall?
What exactly is ERP?
ERP isn’ t regarded as the most glamorous or exciting tech. It doesn’ t have the buzz and currency of AI, and it is hard( though not impossible) to directly connect it with turnover and profitability. Despite this, it can be one of the most impactful technologies a midsized company can deploy.
ERP can automate almost every area of operations, help maintain and improve customer service levels and make it easy to get greater value from a business’ s data. It also plays a significant part in Digital Transformation, which itself is vital to business growth.
It makes an organisation more efficient, more agile and more effective. It can help increase productivity and allows a company to make smarter and data-informed decisions. Realising these benefits starts with choosing the right ERP solution at the outset.
Specialist solutions
There are many ERP solutions for a midmarket company to choose from. Some of these
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IT’ S ALSO IMPORTANT TO AVOID RUNNING BEFORE YOU CAN WALK WITH THIS.
Intelligent SME. tech
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