Part 4 of a 5 part blog series
ERP systems have changed considerably since their conception. New features, functionality and technology that extend your ERP systems across the entire organization continue to evolve. Automated processes and increased visibility help you reduce costs, gain a competitive advantage and add even more value to your software investment.
With all of these advancements and improvements, there are a number of trends that are growing rapidly in today’s marketplace. The top trends to look for in your ERP system include:
Cloud Deployment – Cloud adoption will continue to rise and become generally accepted with most ERP systems. Reduced costs in capital expenditures and IT resources, improved maintenance and flexibility, as well as improved security and disaster recovery will make the cloud attractable to all businesses.
Adoption by small and midsize companies - ERP is no longer just for large companies. With increased usability and previously mentioned cloud deployment options, smaller companies will seek the added value of an ERP system. Reduced costs to implement and deploy this technology will make it a viable resource for companies of all sizes.
Increased Security – With recent security breaches and the growth of IoT and production of more shared data, ERP systems will develop tighter controls to protect data. Security audits and risk management procedures will be adapted to ensure data is secure.
Social Media Integration – Many ERP vendors have seen the value and growth of social media and have incorporated it into their systems. They even have made their user interface similar to the popular Social Media channels. Sales, Customer Service and Marketing can connect with customers and be in alignment with their needs, pains and requirements, allowing for purposeful marketing activities and increased brand loyalty.
Mobile – With the increased use of mobile devices in the workplace and a growing remote workforce, the need for Mobile accessibility will also increase. Employees spend less time behind a desk and need continuous access to the company’s systems. Decisions are made quicker and based on visibility into the entire supply chain.
The future of ERP systems is bright. Gone are the days of spreadsheets and manual processes. Now is the time to upgrade or retire your legacy ERP system, so that your organization can gain a competitive advantage, reduce costs and build a solid foundation for your business. These trends will continue to provide additional resources to better connect your organization, both internally and externally.