Does your business need an ERP?

Enterprise resource planning has been touted as the framework for superior business management.

By connecting core business operations like financial management, supply chain management, customer relationship management, human resources, and more, companies hope to bring greater efficiency to processes and improve business outcomes.

Medium Brush Stroke

The major benefits of ERP systems fall into three categories: the unification of disparate systems, the automation of manual processes, and enhanced reporting capabilities.

Single source of truth

By centralizing disparate systems onto a single platform, businesses can break down data silos and improve cross-department collaboration.

Without a single source of truth, employees can end up working from different datasets, which can increase errors rates and reduce organizational efficiency.

Automation of manual processes

With connected business applications sharing real-time data in the background, the need for duplicate data entry is eliminated.

With repetitive tasks turned over to ERP automation, staff will be free to work on value-generating assignments instead of laborious manual processes.

Reporting capabilities

By leveraging a unified platform to share data across business applications, most ERP vendors offer functionality to automatically generate business intelligence reports that offer a more complete view of the business.

Access to this real-time business information and insights helps power better decision-making and enables staff to act more quickly when time is of the essence.

SWIPE UP NOW TO READ MORE

Finding a financial advisor doesn’t have to be hard. SmartAsset’s free quiz matches you with fiduciary financial advisors in your area or who serve your area. If you are ready to be matched with financial advisors that can help you achieve your financial goals, take the quiz now.