
Manufacturing a better way to reduce waste
How do you cut waste and other by-products from production processes? Learn how to streamline your manufacturing processes.
ERP software is designed to support a variety of business processes, including inventory and order management, accounting, human resources, and customer relationship management (CRM). An ERP system's primary purpose is to automate these functions, facilitating improved resource management to drive efficient growth for the business.
With an ERP system being at the heart of a business’s operations and processes, it can take quite a long time to bring all the information together and have all departments using it effectively. What starts as a few functional modules can grow into a central ERP system functioning alongside a number of isolated applications. Businesses need to find an ERP implementation strategy that lets them integrate stand-alone applications, creating a united application architecture.
Integrating your ERP system (which manages finance, inventory, receivables, etc.) with your CRM (which helps to manage sales, service, retention, etc.) is likely to produce ROI improvements on both fronts.
ERP and CRM integration enables companies to automate manual processes, such as data entry. This can also increase data accuracy and provide better insight into your customer base.
While having an integrated business management system can make your business much stronger, companies can also come across some common pitfalls if they don’t follow a systematic approach.
Using a batch integration process used to be an effective and logical way of implementing ERP software and integrating it with systems used by various departments. However, with ERP systems housing so much crucial business information, this is no longer best practice.
As businesses have evolved to be more reliant on technology, the ERP software is required to provide data for other systems. If that real-time information cannot be provided due to batch integration, the ERP migration will make operations less effective.
At the start of ERP implementation, businesses tend to install modules from the same ERP provider. As companies and their requirements evolve and grow, they can find themselves adding modules from different providers. Modifying the existing integrations and co-ordinating any additional data transformation can be a tricky and costly process.
It’s important for businesses to choose an integration approach that’s future-proof and in-line with evolving technologies, such as cloud-based applications and mobile platforms. It’s valuable to have a roadmap for how evolving technology can be harnessed by your business to counter this integration challenge.
Make sure the ERP integration process is divided into steps, and each stage has specific timelines for completion. To guarantee a seamless migration, assign someone to be responsible for ensuring those deadlines are met.
The implementation process should be supported by documentation to minimise the chances of encountering delays. Such pre-worked documentation shared by the ERP provider ensures that, as a business, you can hit the ground running and hone in on new opportunities.
How do you cut waste and other by-products from production processes? Learn how to streamline your manufacturing processes.
Learn the top challenges around distribution and how the right business management tool can help you overcome each of them.
Here are the answers to some frequently asked questions about the General Data Protection Regulation (GDPR).
Managing your cash flow is key to running a successful business. Learn the basics of cash flow, and get expert tips on how to improve it.
Learn how cloud financial reporting can help CFOs by reducing the chance of errors and minimising manual intervention needed for accounting tasks.
How will Brexit affect businesses? Read this article for answers to questions you may have now the UK-EU trade deal is in place.
Discover how making smarter business decisions using real-time data and dashboards can help your company achieve its goals.
Learn how artificial intelligence in logistics can result in an improvement with how your supply chain functions and anomalies are managed.
Give Feedback