We are right in the middle of a global crisis. The recent outbreak of Coronavirus (COVID-19) has resulted in a worldwide pandemic with nations in complete lockdown.
With social distancing becoming the norm now to stop the spread of this deadly virus, businesses, whether big or small, are facing radical changes. They are finding it hard to run their operation smoothly. The world economy is crumbling down and it has wiped away trillions of dollars already.
As a result, companies are turning toward remote working facilities to keep their staff safe and ensure that their business remains fully operational.
How Do Small Business Owners Cope With COVID-19?
There is no denying that these are trying times for businesses. For companies to survive,they need to tread carefully during such adverse times.
The majority of the owners, especially the small businesses, are finding it almost impossible to tackle their teams remotely - allot them work, oversee compliance, and more.
Encouraging your team to work remotely without having an appropriate system in place can be challenging. The only way to flair well in this time of crisis is by adopting the SaaS-based solutions.
When you opt for a cloud-based ERP Software, you can easily facilitate remote work and, at the same time, ensure your workers’ safety. These ERP systems run on desktops as well as mobile devices and keep your business connected irrespective of the location.
Managers can communicate, assign, and monitor all work from the distance and fight the challenges brought about by the COVID-19 scenario.
With the help of internet connections, it allows users to remotely access the company system and carry out the operations smoothly.
Benefits Of Having an ERP Software at This Pandemic Moment
During this pandemic crisis, cloud-based ERP software is a boon for your company.
Since deployed on the cloud, it allows you to make the business operations function even while staying confined to your home. An ERP system integrates all your core business processes, including accounting, HR, manufacturing, supply chain, services, and more into a single system.
It allows you to track all your resources, including money, human resources, and information in just a few clicks. Having the right system in place proves to be highly beneficial for businesses. Some of its benefits include:
Gives Universal Accessibility
To work remotely, one needs to be able to have access to all the documents and resources required to get the job done.
An ERP system has a centralized database with a single dashboard interface. From that dashboard, you can easily navigate to the department you want to. It gives instant access to files and documents to the authorized person. From tracking inventory to issuing invoices, and closing sales, you can carry out all functionalities from a single platform.
In a situation where everyone is confined in their houses, the technology gives them the access to information they need to complete their daily tasks without any trouble.
Secures Privacy and Data
One of the most important concerns for every business is their privacy and data protection. They are in constant fear of their confidential information getting leaked.
However, this problem can be easily solved with the cloud-based ERP software. Even though everyone can have access to the system, it allows admin to restrict its use. It enables role-based access control, thereby preventing the threat of privacy breaches.
Besides, they are well-equipped with high-level security measures such as two-way authentication sign in and other methods.
What’s more, it ensures that your business stays compliant with industry regulations.
Enables Smart and Fast Decisions
A cloud-based ERP system allows you to create and track your project progress from one place. It keeps updating the system with the development in real-time.
Besides, the system is well-defined to collect, store, organize, and analyze data to generate detailed insights. These insights assist businesses in making faster and smarter decisions.
Furthermore, the system automates mundane tasks and freesup your time to utilize it on more crucial matters instead.
Hence, the use of an ERP system helps companies survive the Coronavirus outbreak crisis.
How Does ERP Aid With Work From Home Schedule
The biggest challenge for any manager is to ensure that their team members are working on time. Keeping track of each of their progress can be very difficult, especially if they are working remotely.
An ERP software acts as an all-in-one solution, which allows you to digitalize your maximum tasks.
Using the system, your staff can clock in and out of the tasks distributed to them. This can be done from their devices. In fact, a fully equipped ERP system allows you to create a schedule of tasks in advance for your employees.
The number of hours worked by an employee, once approved, is automatically added to the ESS (employee self-service) portal and the salary is calculated based on it. Everything is taken care of online, and team managers don’t have to meet to execute their task schedule.
How Does Focus 9 ERP Benefit This Situation?
In this global pandemic situation, you can’t afford to lose any more business.
Fortunately, we have Focus 9 to provide your company with the latest cloud-based ERP system. It is driven by intelligence technology to facilitate remote work so that your workers stay healthy and safe.
With digital workflow, you will be able to minimize the negative impact of social distancing. Here are a few ways Focus 9 ERP can help make a difference.
Focus 9 ERP system has a built-in dashboard and sends out automatic alerts on priority tasks at hand. It ensures that everyone is aware of their responsibilities and keeps track of the progress.
To ensure a seamless flow of information, it combines with CRM software and HCM modules. It gives them control over critical business processes.
Focus 9 ERP is GST-compliant. This secure ERP system is equipped with advanced features that help small businesses accurately calculate the applicable GST and transform the way they operate.
Focus 9 ERP is powered by business intelligence to provide real-time analytics. It aims to accelerate your business growth with data-driven decisions.
Besides, you don’t need any additional investment in hardware. You can install and manage the system in your existing IT infrastructure.
During these trying times, let’s do our best and maintain social distancing to control the COVID-19 situation. But that doesn’t mean we let our hard-earned business go down the drain.
If you haven’t adopted the cloud-based ERP solution yet, now is the time to act.
With a saas-based system, you can stay prepared for any future upheavals that may come your way.