Top 10 Benefits of ERP for SMEs
Here’s a brief outlook on why SMEs should opt for a cloud ERP solution.
1. Get optimized processes
Process optimization involves evaluating current processes to identify their potential and, based on it, draft strategies for improving them. Cloud ERP solution includes an integrated set of tools to streamline business processes and automates the workflows. Therefore, you always have up-to-date information available to speed-up processes, improve operational productivity, and increase business profits.
2. Reduced order processing time
Once implemented across different departments of your organization, a cloud-based ERP system helps you streamline the processes. It encourages better inter-departmental coordination, thereby helping you improve the overall efficiencies of your business while reducing the costs of running the operations. Cloud technology also facilitates the optimization of resources and keeps control over the overhead costs as your organization grows.
3. Upgrade without hassle
Unlike traditional ERP software, the cloud-based solution does not require additional hardware or IT infrastructure to support upgrades. Your vendor can instantaneously upgrade it through a simple software update. This helps you to save implementation costs and avoid long operational downtimes.
4. Easily scalable system
Cloud-based ERP for SME is easily scalable on demand. This means that it allows you to smoothly introduce new functions when your business grows and cater to your fluctuating needs. The price and complexity of upgrading a cloud-based system remain low while successfully adding the required features for accommodating the increase in data and users.
5. Provide flexibility and agility
Cloud ERP software enables mobility and allows you to access data from any device with internet connectivity. It removes the barriers of location and time, empowering you to respond to the dynamic needs of your business and deliver services as required.
6. Use real-time data for better decisions
One of the significant benefits of opting for cloud ERP software is to promote transparent, real-time, and smooth information flow between various departments. Real-time data accessibility provides you with a 360-degree view of different aspects of your organization ranging from finance and project management to customer service and human resources. The insightful information stimulates better and immediate decision making.
7. Enhance business productivity
Cloud ERP software induces business process automation. With it, you do not have to worry about the mundane, repetitive day-to-day activities as the system takes care of them. Hence, there is ample time left for your staff to focus on the productive work that enhances your overall business efficiency.
8. Provide better security
Security and protection of sensitive business data are paramount for every organization. Each information stored in cloud-based ERP software is accessible only by authorized employees through role-based access. This gives you firm control over information accessibility while restricting unauthorized admittance and security breaches.
9. Quick disaster recovery
Your ERP application requires timely maintenance for retaining its efficiency. For a cloud-based software, your ERP vendor provides constant surveillance to ensure the business management system is up-to-date with newly introduced features, and all issues are fixed the moment they arise. This increases the overall competence of the system, and it remains protected from hackers’ threats.
10. Continuous vendor support
Your ERP application requires timely maintenance for retaining its efficiency. For a cloud-based software, your ERP vendor provides constant surveillance to ensure the business management system is up-to-date with newly introduced features, and all issues are fixed the moment they arise. This increases the overall competence of the system, and it remains protected from hackers’ threats.
Choosing the Best ERP for SMEs
ERP software implementation is a considerable undertaking and requires expert guidance to be successful. We offer a broad portfolio of cloud ERP for SMEs to help you select the most suitable solution.
Fill in the form to know more about products and services.
