“How you gather, manage, and use information will determine whether you win or lose.”- Bill Gates
Once considered as a high-level technology meant for only large-scale businesses, today ERP: Enterprise Resource Planning is dominating the software market globally. The simple reason is that it streamlines the internal processes within an organization and helps in making strategic business decisions without any hassle. As a business entrepreneur, it’s imperative for you to keep up with such technological advancements. According to top IT industry experts, ERP market is skyrocketing because it provides a 360-degree approach to the businesses. Therefore, adopting ERP system in your organization can prove to be a game changer.
We have compiled top 3 predictions for the ERP industry in 2020 to help you get a clear view of ERP-oriented future…
1. Highly User-Friendly ERP Systems
With the increasing number of young professionals in organizations, it would be impossible to work with old-fashioned ERP solutions in upcoming years. Imagine gen-next workforce who had grown up doing assignments with the help of internet being asked to operate the green screen ERP system. That’s surely going to drop the overall productivity of the organization. This is why highly user-friendly ERP systems would be the need of the hour.
2. Mobility and Wearable Technology
Mobile phones have become an inevitable part of our lives. Right from an office boy to the CEO of an organization, everybody seems to use their cell phones frequently. That being said, a cell phone can also make it easier to access professional data remotely. Therefore, mobility and wearable technology will be high on demand in the ERP sector by 2020.Investing in the Mobile ERP Solutions can turn out to be a smart business move.
3. Business Intelligence and Reporting
Business intelligence (BI) has the potential to shape the future of any business. Having data with high accuracy could be a waste if an organization fails to utilize it properly. This is why a robust ERP solution integrated with business intelligence reporting will be a primary dominant in 2020. So, harness the power of ERP tools and extract meaningful metrics to increase the profitability of your business.
2020 is just a couple of years away. It’s high time you implement the ERP system to stay ahead in the game. Remember, business is all about survival of the fittest and ERP can play a pivotal role in boosting your business growth.