ERP helps you streamline routine operational tasks, cutting costs and valuable time.
As a small business builder, you need to be savvy about how you plan your day. The time used to complete operational tasks, like inventory or payroll, could be better spent identifying new opportunities for growth.
Many small businesses rely on outdated accounting and ERP solutions that can’t fully support their needs. You need an ERP solution that can match your company’s requirements and adapt as you grow.
Before selecting ERP software for your small business, it’s critical to understand what the needs and pain points of your business are and if ERP software could help you address them. Consider how ERP will impact day-to-day business processes, how your employees will use ERP within their role and the overall expected cost as well as any deadlines. Having a clear understanding of your companies needs will help you select the best small business ERP software.
ERP software can address some of the challenges small businesses face. For example, many small businesses struggle with inconsistent information from different areas of the business or don’t have access to up-to-date financial information when they need it. These problems can significantly impact your company and your ability to grab new opportunities which is why we’ve designed our innovative ERP software for small businesses.
Most small businesses will find that cloud ERP software is typically cheaper to adopt and implement than on-premise solutions due to the nature of SaaS. However, these small businesses could be better served by considering a business management solution that combines the best of cloud ERP and on-premise ERP software.
Many small businesses struggle with old accounting solutions that cannot keep up with their growth. You need a solution tailored for your business.
Before selecting ERP software for small business, it’s critical to understand what the needs and pain points of your business are and if ERP software will help you address them.
For example, do you sometimes struggle with inconsistent data from different business areas? Or do you find it difficult to find up-to-date financial information when you need it? These are often key signs that your business is outgrowing its accounting software. Howeve, recognising that your small business is ready for software like ERP is only the first step.
You need to consider your budget for migrating to ERP software and how long this process will take. You will also need to consider if your company wants a cloud, on-premise, or best-of-breed solution. There are no easy answers because it depends on the size and scope of your business.
In rapidly growing smaller businesses, managers sometimes can’t see what’s happening in every area of their business. They may, for example, not know how much inventory their business has or requires. ERP means owners and managers can see what’s happening in every area of their business including: administration and operational functions, HR, procurement, manufacturing, warehousing, sales and marketing, customer service and more.
Any small business owner who wants an ERP software solution to succeed must first gather requirements from all stakeholders and carefully plan the project in advance if they want to see ROI.
ERP software's reputation for being painful, expensive and difficult to use puts off many small businesses who are ready to take the next step. What is more, many ERP projects fail because small business managers don’t consider:
Most small businesses will find that cloud ERP software is typically cheaper to adopt and implement than an on-premise solutions, due to the nature of SaaS. However, these small businesses could be better served by considering a solution that combines the best of cloud ERP and on-premise ERP software.
The good news is an ERP solution is affordable, flexible and easy to implement. It'll help you and your small business work differently.