8 signs you need an ERP system
ERP systems help manage a growing business. Here are 8 signs that your business needs an ERP system that puts you in control as your business grows.

1. Multiple data sets
If you’re running separate finance, sales and marketing systems, you’ll know how much time and effort it takes to keep your data up to date. Simple processes like setting up a new customer have to be done in multiple places and you then have to keep each of those data sets up to date. Automated integration can help, but only if the data is in the right format. Imagine how much time you could save if you had a single system?2. Lack of insights
With all those pieces of software, it’s almost impossible to get any real insights about your business. Even simple measures, such as the average time from initial contact to payment, can be hard to track when the data sits partly in your CRM system and partly in your finance software. With multiple systems, managers often struggle to see where the business could be more efficient or to understand the business processes fully. By using business management software, all data is integrated, allowing managers to spot inefficiencies and improve processes to remain competitive.3. Lack of collaboration between departments
Departments need to share information if your company is to perform at its best. But data is often in silos and owned by different teams. This means you either need to run reports to share information or people simply don’t have the information they need to make informed decisions. A single system lets everyone access the data they need, while keeping confidential information safe with tiered permissions.4. Not being able to provide information to customers in a timely way
If you’ve ever been on the phone to a customer and been unable to answer their questions, you’ll know how embarrassing it can be. Excellent customer service improves retention and profitability and your software should be able to support this. Having all your customer data (from project and product information to invoices and contact details) in one place lets you offer the best service possible. It also allows sales teams to understand the financial status of accounts, so they can adapt terms and offers based on actual payment data.Free ebook: Streamline your business operational process
Discover how 3 technology trends can help you overcome today’s top 4 industry challenges.
