Whatever the size of your business you need to make sure you achieve the growth you are aiming for, and this takes some serious planning. In some businesses the failure in planning comes in not integrating systems efficiently, and this can be fatal; what you need is effective Enterprise Resource Planning (ERP) software, a tool that allows you to see what is going on in the business overall by way of integrated systems and database interaction. An ERP that is effective will monitor all aspects of the business from finances to production capacity and efficiency, in order to bring together all the elements for accurate analysis.
Consider the elements of an average manufacturing business: there’s the sales team, who are taking calls and generating leads; the finance department, who have responsibility for all aspects of cost and expenditure; human resources, who deal with making sure the right people are in the right roles; production, at the centre of the business and responsible for actually making the product; quality control, who ensure the customer gets what they want; warehousing and delivery, and many more. We could probably include IT too, as they are responsible for making sure any business management system is effective and worthwhile.
Using an ERP is vital for even the smallest businesses if you are to get things running as smoothly as can be. There are so many benefits to be gained – from reporting and analysis to real time indications of how processes are going, production efficiency, costing and more – and all information can be used to single out the areas of the business that need to be improved in terms of resources, efficiency and cost. A fully integrated system such as this saves time and money, and can be the difference between a successful company and one that could be doing better than it is.
Being able to see at a glance in real time how all areas of your business are performing means you have your finger on the pulse, and this is clearly an important step. For more security you could choose a cloud based ERP platform which gives you greater security thanks to being off-site, and these are very popular indeed. With many options to choose from it is vital that you find the right package for you, so choose carefully and you will get the very best out of your business practices.
Marcom Director at Priority software