Can ERP Really Improve My Company’s Efficiency?

Companies are constantly looking for more ways to improve their business efficiency. With promises of solutions that will enable them to save money, work smarter and move faster, they are grasping at any and all straws to gain a handle over their company’s efficiency. However, what companies need to know is that efficiency does not happen simply because you’ve installed a new software solution. In order to improve efficiency, you must be working with the right solution and work on improving your processes.

So how can you actually work on improving your company’s efficiency, and what’s ERP got to do with it?

How can you make “business efficiency” happen?

1. Eliminate standalone applications to speed the flow of information. When accounting and finance, CRM, payroll, manufacturing, et al are working with integrated applications, all employees can quickly access the information they need.

2. Generate custom reports based on business intelligence and analytics for better insight. When everyone is working with integrated applications, business leaders can make smarter queries about where the business has been and where they want to take it.

3. Automate processes to improve collaboration—onsite and across multiple locations. Sharing processes and information that are automatically adjusted based on language, currency, and location make it easier to manage multiple divisions in many countries.

4. Make implementation and administration easier on IT. Standards-based open architectures let IT take solutions out of the box and configure them accordingly.

What’s ERP got to do with it?

The right ERP solution puts your business-efficiency plan into play. It’s the framework that holds it all together. Without ERP, you surrender your efficiency hopes to chaos.