I won’t teach you anything new for ERP Software, the world is spinning fast. Between the 100-mile-an-hour business world and your ever-running personal life, it’s a little difficult to be your best.
As the competition continues to grow stronger in the marketplace and your competitors work tirelessly to chase your best exploits, it goes without saying that you need to be on top of things all the time and nothing less.
And since your employees are the best people you could have dreamed of, your team is strong and motivated, your strategy is in place, you are probably wondering what needs to be done to dominate the market and achieve your goals. .
There are obviously no miracle solutions, but there is the ERP which is very close to it. ERP software? What’s this? An ERP is in fact a tool for managing the resources of your company. Thus, it allows you to free yourself from certain tasks, automate certain processes and do more with less.
By better planning your resources and increasing productivity, you will see, you can finally breathe a little. Did we get your attention? Learn everything there is to know about ERP right here: from functions to implementation.
What is ERP software?
An ERP System is a resource management system for your company ( Enterprise Resource Planning). But what is it? It (ERP) actually allows you to optimize your entire production chain from procurement to shipment to your customer.
An ERP will therefore allow you to have better planning of your resources, reduce your production costs and even increase your productivity. This means that it is a versatile, comprehensive, but sometimes complex tool.
Bringing together a set of applications, it allows you to provide better customer service with its CRM, to help you better control the processes in your warehouse and even to support you in production by optimizing manufacturing capacities.
In addition, with the recent changes in accounting software, several ERPs will offer you modules to support you in your financial tasks. And the most interesting is that in an ERP, your accounting comes to communicate with your project planning and other relevant modules. So, what software does is put everything together!
More transparency and visibility in your distribution processes to process orders more precisely.
Ease of inventory and cost control: multiple costing methods, tiered pricing, series tracking;
Perfect control of finances: integrated cash flow management, accounting, accounts payable and receivable, reports;
Tight assembly and distribution: advance purchases, pickup and packaging, custom prices, stocks, orders;
Data mining and real-time access to business performance: budgeting, forecasts, analyzes, reports;
Optimization of the customer experience and satisfaction: sales data, follow-up of discussions, customer history.
So there are a host of ERPs with different advantages, different functions, different licenses. Some are in the Cloud, others can be hosted on your network. You will find specialized ones for your industry and others more general which will adapt just as well.
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So Microsoft Dynamics NAV , Microsoft Dynamics 365 , and many others are ERP solutions that have all their peculiarities and which deserve to be analyzed in detail before choosing yours. With some, you will even have the chance to integrate a powerful CRM or “Business Intelligence” tools to gain in analysis.
The question on everyone’s lips: why have an ERP?
Explaining what an ERP is inevitably leads to the question: but, why? This is because an ERP, although complete, comes here to combine a good number of services that you may already have at your disposal.
Different Dynamics 365 Business Central – ERP modules
From production management system to finance, ERP covers all your business needs in a more efficient, faster, and simplified version. How? ‘Or’ What? Because everything is in relation, because each application communicates with the other and you only have to enter a piece of data once so that it can be found wherever it needs to be: from order to inventory .
Without having to enter data two or three times, without having to make sure everything communicates together, that you haven’t forgotten anything, nothing wasted, you gain in productivity. Having everything under one roof makes things easier, faster and more efficient.
In addition, you will reduce your operating costs by automating clerical tasks that, in the past, were redundancies and brakes on everyone’s speed of execution. And do not forget that the ERP, like a most powerful assistant, will allow you to optimize all your resources for more profitable project planning, less burdensome financially and logistically for the company.
This is how you can spend more time focusing on what matters most to you and abandon the tasks that drain your energy on a daily basis.
The advantages of a Cloud ERP Software
You know, there is now the possibility of hosting your ERP in the Cloud or on your network. What is an ERP System in the cloud? It’s an ERP hosted on the Cloud and not on your network, quite simply. As the Cloud is ubiquitous now, maybe you already have a Cloud CRM and you know how great it can be for backing up your data and having it in the Cloud, it may be the perfect solution. for you.
You must first know that the Cloud offers a lower cost to start with for users. Its entry cost will therefore allow the small or medium-sized business to have sufficient resources at an attractive price.
However, this price can increase rather quickly if we add users, space or functions. It will therefore be necessary to pay attention to the attractive starting prices and rather detail the cost, to the dollar, of the solution that we want to have on the Cloud before embarking on this great adventure.
Finally, the Cloud is very interesting since it allows users to have access to cutting-edge technology, to essential security levels for certain industries and to an ERP everywhere at all times. And above all, it is not necessary to review your internal infrastructure, since everything will end up in the Cloud. This is a great saving!