On the other hand, having no oversight and less control meant that business owners and decision makers had to operate blindly, with very few options apart from their intuition to trust on. As the size of the business increases, it becomes more and more difficult to track operations and control them. And the less control they have, the harder it becomes for the business owners to take right and timely decisions.
When major organisations around the world started implementing ERP systems , experts were positive about the results. However, the benefits of ERP exceeded everyone’s expectations and created a new benchmark in the industry. Total control, which was dismissed as unachievable and a myth, became a reality and businesses saw improved integration among different departments.
3. Overall insight that gives a general view of all departments
With ERP, decision makers can have a bird’s eye view over all departments and a clear picture of the business as a whole, something that was not possible without drowning under sheets of reports. Armed with a general view that is based on accurate data rather than projections, business owners can confidently take any steps without apprehension. Apart from the general overview, ERP also gives detailed insights into each department.
4. Data security without compromising ease of access
Without creating any barriers, ERP systems ensure that data remains secure from any external infiltration and theft. In today’s world, data has gained the status of a highly expensive resource. An ERP system ensures that this resource stays safe and secure. Most importantly, ERP’s data security doesn’t barricade authorised users from accessing it.
5. Automation that can be customized
ERP automates many aspects of business operations and removes the dependency on manual data feeding. Automation also ends the possibility of human errors to a huge extent and enables business owners to customize more deeply, giving them better control over aspects that cannot be controlled without automation.
Business Owners who implemented robust ERP systems in their organisations have testified how it helped them gain control and enabled them to steer their organisations towards success. However, a far more satisfying testimony can be derived from a brief glimpse of the modules and aspects of a standard ERP solution that has been chosen by many enterprises.