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Home | Why You Need ERP To Move Your Post-COVID Business Forward

As we all know, disruption is a great instigator of change, and the world has never seen a disruption to business quite as significant as the current coronavirus crisis. As businesses resume operations, going back to a new normal will not be enough.

To learn from the current situation, businesses must now operate in a way that ensures they can respond immediately and seamlessly to the next crisis that seems to be inevitable. As a whole, our economy was not prepared for this, but we must be prepared for the next one.

A large part of this preparation will be the new policies and processes that business-owners will need to adopt to scale their business in a post-COVID economy, and ensure they are alert and aware of each element of their business operations.

Traditional post-crisis recovery models allocate few resources to things like information-sharing and expansion, but in this situation, they definitely should. To be successful in a post-COVID economy, businesses will need to scale operations to focus on shifting consumer demands, and a cloud-based ERP application is the most effective and efficient driver.

ERP, or Enterprise Resource Planning systems integrate a business’s inventory management, ordering system, accounting, personnel files and resource allotment into a single source of truth – one place that stakeholders can go to access all the information they need about what’s happening in their company, where there challenges may lie and any pending resource shortages.

Cloud-based ERP solutions provide complete transparency into how a company is performing, what is going on behind the scenes, identify new opportunities and risks, and provides notifications of resources that are needed. This happens automatically, all day, every day.  Businesses with cloud-based ERP also enjoy data and insights that help them learn from any mistakes that may have happened, manage their recovery and plan for the future.

Imagine if you were a sanitizer business with at the beginning of this coronavirus outbreak. Imagine if you had systems in place to notify you as soon as supplies got low. Imagine how things could have been different. The right ERP solution could be exactly what was missing.

Home | Postmodern ERP Advisors

It’s the direction we’re headed. By 2025 organizations will buy 40% of their enterprise business capabilities through aggregator platforms. It’s a timely and strategic move to evolve your business with enterprise business capabilities. It’s imperative that you stay atop the latest technology platforms and deploy plug-and-play business functions. Adopt new applications and capabilities.

The technology is already being implemented. Let us help you provide aggregated platforms via PaaS. Here are some of the ways we’re opening up technology platforms:
* Connect easily with other applications despite increasingly varied processes and data architectures. Organizations are also open to using capabilities that are delivered by iPaaS providers
* Decrease the gaps using sophisticated API models
* Customers use marketplacy offerings from consulting partners and platform vendors.

What’s driving the EBC platforms?

Industry specific: Solutions will require customization, yet utilizing an aggregator vendor can help clients assemble, connect and manage applications to avoid the cost of customization and increase the speed in which platforms can be implemented.
Unified access and experience: Aggregator vendors can decrease the back-end systems that support ERP) and mask the complexity to provide a smooth transition, assessment and deployment of new features
Reporting and analytics: Business Intelligence will be faster than ever, with real time analytic data. Extraction, transformation and loading (ETL) processes needed by data warehouses. Acquire, inject, update and manage data as a deliverable for your business
Simplified contract and payment options: Streamline the payment process and simplify charges encourages enterprises to buy more because they can project costs
Faster: Customers and vendors will face complex challenges, aggregator vendors will offer smooth transitions using technology platforms, simplifying and adopting line of business (LOB) functional services

We’re here to help you make the switch and utilize an aggregator, simplify your bundle and increase your market share. Enterprises that don’t execute a business-outcome-focused strategy will miss out on revenue.

We will acquire capabilities from multiple sources to support your enterprise to create a resource that allows a smooth transition for our clients using aggregator platforms.

If you’re considering aggregator platforms you should:

Develop and continuously update a business capability model, even in divisions in different industries
Choose and aggregator that can support a multi cloud strategy, preventing limits
Develop an agile application governance and stay updated
Keep people and processes in mind in all aspects of innovation
Be aggressive at adopting enhancements to improve business processes and decommission customizations.

Let us help you invest in an aggregator platform that will yield the best results for your business. We look forward to working with you.

Home | Top 4 reasons to implement an ERP system

As a business owner, maintaining a bird’s eye view of your corporation is imperative. However, this form of 360-degree surveillance can be incredibly difficult—especially if your organization is highly segmented.

Luckily, this burden can be eliminated with the use of an Enterprise Resource Planning (ERP) system. As a pivotal hub for your data, an ERP system ties your business processes together into one user-friendly package.

What is an ERP System?

ERP systems are software programs that may be comprised of numerous integrated applications. They are used to align and manage all facets of a corporation’s operations, including human resources, financials, supply chain management, and manufacturing.

Here are the top 4 reasons why you should implement an ERP system:
1. They provide real-time information

By collecting and enabling the flow of data throughout all departments of your business, ERP systems allow for total transparency. With the improved reporting capabilities that result from this implementation, you’ll be able to access precise information; create comprehensive reports; and respond to complex data requests from clients. This will help you to make better business decisions, save precious time, and provide reliable answers to customers—with just the click of a mouse.

2. They increase productivity

By eliminating data duplication and usurping tedious manual tasks, ERP solutions can increase your business’s overall efficiency by saving your employees’ time. Furthermore, they improve your employees’ collaborative abilities, reducing siloes and enabling the smooth spread of information via one integrated platform. With this kind of seamless integration, you’ll enable better idea sharing and comprehensive decision-making processes.

3. They improve customer service

Having an ERP system allows you to access your clients’ files with total ease. With its all-encompassing view of your sales, distribution, accounting, and production processes, this software will allow you to quickly respond to your clients’ needs—and provide them with instantaneous information about their orders. Additionally, all relevant business departments will immediately be notified when any alterations are made, thanks to the platform’s shared nature.

4. They save capital

Finally, using an ERP system can save you money. Not only will it assist you with time management, but also reduce your operating and labor costs, save entrepreneurial resources, and consolidate your financial reporting. Ultimately, this solution will allow you to see maximum ROI—and boost your bottom line.

If you ask us, implementing an ERP system is a true no-brainer for your business. And, with our decades of experience in the industry, ERP Advisers can help you to find the right solutions for your needs. To get started or to learn more about our services, visit our ERP Project Management page.

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