Imagine you enter your office cabin and find your sitting area full of important paperwork and files to evaluate!!
Now, Imagine yourself in your office and find your sitting area with a laptop on the table to work on with room only to be given to your family photo frame.
Which scenario do you like the most??
The second scenario is what you would always find the best.
ERP provides services that eliminate the system of manual work and redundancy. Let’s now understand how ERP as an application is useful to the organization’s growth.
What digitalization did that manual work couldn’t?
1. Speed – Save time
A manual process demands evaluation by a person to do each and everything which can result in major human errors and complications. Imagine a situation where the individual who is in charge of maintaining all your data, leaves the company. Everything goes haywire, isn’t it?
Having an ERP system tends to all these problems. The implementation of an ERP can automate the entire process and make the business process more efficient with faster data entry, analysis, and reporting methods.
ERP makes storing and tracking of documents simple and systematic. This allows you to work faster and avoids redundancy of data.
2. Security – Every data is essentialOrganizations that have been managing data manually, might have faced problems like data loss, deceitfulness within the company or data misplacement due to an unfortunate accident, natural calamity, etc.
Having an ERP solves all these issues, it makes sure that your data is secure within the system. If you have cloud-based ERP, you can easily recover your data even when the system is lost or broken.
3. Integration – Every Function is Related
Inventory and Accounting aren’t just individual function but are interconnected to one another. When there is a purchase, a single transaction affects all the financial records of the company it also affects the stock in terms of resources and cost.
In a manual system, you have to edit the same transaction at multiple financial books and at multiple places. Whereas in an ERP system you edit a change at one place and every record related to the same transaction gets updated in a click.
4. Reminders – you can’t forget even when you want to forget
ERP’s offer additional functions like reminding to stock up essential resources before they stock out. It also reminds you of calls, meetings, documents essential to carry, all the necessary tasks to keep you and your company organized, efficient and professional.
5. Better Decision Making – Forecast and Grow
In a manual process, it is difficult and a time-consuming process to gather essential data at a place. Most organizations avoid going through the process of analysis due to its complexity in reaching a decision.
An ERP system makes analysis easy, it generates smart reports, keeping historical business data as the foundation. This report, helps you forecast and strategize your next big move in the market. This keeps you ahead of your competitors both in terms of time and strategy.
The entire “Decision making” process might have taken you 5 mins to complete instead of 5 days. This way you spend time in decision making instead of wasting time in finding appropriate data.
Thus, it is suggested that the organization at this point should move to ERP systems leaving behind the age-old manual system. Moving ahead with an automated system will eradicate manual work, which gives time to focus on the growth of the organization.