Part 2 of a 5 part blog series
While most companies invest in an ERP system to reduce costs, improve productivity and to consolidate data into one centralized location, there are many other benefits that are often overlooked. Before deciding on a new system, consider these benefits before making your selection.
Read the other ERP Best Practices blog posts from this series.
Security & Regulations – Today’s ERP systems are equipped with built-in security that controls access permissions, separation of duties and manages both internal and external risks. Most ERP systems also have built-in security regulations and governance in areas such as finance, data and product trace ability. This is one of the most overlooked benefits, but also one of the most important features.
Increased Visibility and Better Decision Making – ERP systems allow for real-time data analysis across the entire supply chain and multiple locations. Easy access to data allows for continuous review of key metrics and processes, thus creating better and more informed business decisions.
Additional Support Resources – Most ERP systems have a dedicated User Group Community where you can ask questions and get additional information from experienced and knowledgeable end users quickly. You can also find suggestions and resolutions to similar scenarios as yours. Training and Education for users are key to ERP success and this is a valuable resource in addition to support services provided by the ERP and Consultant companies.
Improved Business Processes – Streamlined business processes is another of the most often overlooked benefits resulting from an Enterprise Resource Planning software implementation. Productivity and operational efficiency are increased and manual tasks are automated, saving your company valuable time and money.
Mobile Accessibility - With today’s Sales forces becoming more mobile, the need for ERP systems to provide mobile access is also increasing. With 24/7 accessibility, employees from Sales, Distribution and all the way to the Plant Floor can make informed decisions quickly, manage alerts and improve efficiency.
Social Integration – As the rest of the world becomes more social, so will Enterprise Resource Planning software. Many companies have already integrated social sharing into their systems after realizing the value it provides in improved efficiency and customer service. The need for social collaboration that allows businesses to have more meaningful connections both within your organization and with customers will only increase in the future.
Growth Platform – ERP systems need to provide your company with a solid foundation that is also flexible and scalable to meet both your current and future needs. Technology is a key factor into providing a platform for your company to grow and increase functionality when required.
Barry-Wehmiller International has helped hundreds of manufacturers realize the benefits of ERP systems. For additional information or to schedule a Business Process Assessment that can help you evaluate your current system and future needs, contact Barry-Wehmiller International today.