With the end of 2021 rapidly approaching, you have probably already begun planning for the new year. Those plans often involve visions for growth and improving business operations. You are looking to solve current problems and prepare for known and unknown obstacles for the next year.
It’s a great moment to take a close look at the software you rely on to run your business. Software, after all, underpins nearly every aspect of the business that affects future planning. In particular, Enterprise Resource Planning (ERP) software merits a careful evaluation. With that in mind, here are six reasons to evaluate your ERP as you head into 2022. Consider how your existing ERP will help you achieve the following:
#1 – Adapt to Evolving Needs More Easily
An effective ERP system should adapt to your company’s evolving needs over 2022 and beyond. It should be customizable and easily incorporate enhancements such as Customer Relationship Management (CRM) and data visualization. As your business grows, your ERP should be able to scale without forcing you to to purchase more hardware and software.
Acumatica’s Cloud ERP offers an example of what is possible with a modern, cloud-based solution in this context. The system is fully customizable through visual dashboards, additional modules and solutions that can be added on top of the main ERP system to meet any company’s specific needs.
Acumatica gets updated and upgraded through the cloud as new features become available. Access to the software is simple and secure through any web browser. Acumatica does not have restrictions on the number of users, so no matter the size of the business, all employees will be able to access and use the system as needed for their specific role in the company.
#2 – Improve Business Efficiency
The potential to improve business efficiency arises out of employees having access to ERP anytime, anywhere, and from any device. Modern ERP software solves efficiency problems by automating complicated processes and providing financial analysis and forecasting functions. No more guesswork is needed as the information is available in real-time for fast, effective decision-making.
#3 – Get Better at Managing Inventory
Acumatica’s ERP system provides real-time inventory tracking across multiple warehouses, companies, states and countries. Effective inventory management translates into better cash management and the avoidance of unnecessary material purchases. Acumatica’s sophisticated yet simple-to-operate system streamlines and automates inventory management for maximum efficiency and profit.
#4 – Accelerate Cash Flow
Improve cash flow by automating customer orders from order placement through invoicing and receiving payments. Real-time data makes your team better at decision-making and drastically reduces errors in cash management. Better order management, more efficient operatons and improved inventory management all contribute to stronger cash flow.
#5 – Become Able to Access Data Anywhere
As a growing number of businesses are deciding to make work-from-home or hybrid work permanent, it is important to consider alternative modes of access to an ERP system. The best ERPs can be accessed from offices, home offices and on the go as needed. Acumatica’s ERP makes this a reality. It is cloud-based and accessible from any browser, making it one of the most versatile ERP for end users.
#6 – Better Serve Your Customers
With integrated CRM, you can track every customer interaction. Acumatica ERP with integrated CRM enables increased customer satisfaction and retention by automating processes and providing accurate information to customers about product availability and delivery. Your team is then poised to provide the highest quality customer service, from initial contact through purchase and support.
We have a long track record when it comes to successful ERP evaluations. Let us work with you to assess where you are with ERP, and where you want to be in the future. Contact us for a demo of Acumatica.
Additional ERP Resources
Top 6 Features Every Distributor Needs in ERP Software
How Integration Delivers ERP Optimization
Getting the Most Out of ERP: Accessibility, Ease of Use, and Optimization