Managing a business has never been an easy task for entrepreneurs, especially for owners of small and medium-sized businesses. It’s common to find duplicate data in every department: accounting, operations, supply chain, sales. But thanks to new ERP tools like Microsoft Business Central that have been developed in recent years, it is now possible to connect all these areas on a single common platform .
If a company is thinking of incorporating an ERP or has to change the one it currently has, these are the factors to take into account before making a decision.
Have a good technological partner
The digitization process of a small company usually requires some technological knowledge, which on many occasions is not available internally. That is why it is important to have a technology partner that offers a consulting service to help choose the best solutions for each company. A consulting company that offers advice according to the digital state of the company and its needs.
Connection with other tools
One of the greatest advantages of an ERP is its connection with other tools that are used on a day-to-day basis, such as the Office 365 package . Thanks to this, you can view and edit data directly from Excel, or work on and customize a Word document .
The options that the tool allows you are many, but the most important thing is that it allows you to stop working with multiple tools and try to adapt them so that they work together. Likewise, worries about legal compliance and security and manual reports are over, to focus on growing the business.
ERP solutions provide you with business intelligence, which allows you to run a business in a more professional and accurate way. There is the possibility of creating workflows or workflows, discovering new trends and predicting problems before they arrive. And all this without having great knowledge of Data Science or high technological skills.
A cloud solution
Cloud solutions are always alive, continuously working and updating. What you do is avoid the inconvenience of detecting new updates , managing your application, and making sure the data hasn’t changed.
Updating on-premises solutions can be really complex. At a time when the evolution of technology is unstoppable, having solutions that advance at the pace required by the environment is key to competing in the market over time.
The needs of each company are totally different, both due to their business size, sector and billing. For this reason, when choosing an ERP to integrate into the company’s production processes, it is necessary to take into account a solution that is easy to implement, but above all that covers all areas and internal processes. The objective is to obtain a complete vision of the behavior of the business to be able to make the opportune improvements, detect opportunities and monitor profitability.
Some reasons to centralize business management with an ERP
Centralizing the information from the different areas not only avoids duplication of information and internal inefficiencies , but also makes it possible to extract much more information from the company to make better decisions . Managing valuable data, giving visibility to the business and guaranteeing security and accessibility are some of the fundamental reasons for having an ERP in the cloud .
More data, better business management
The coherence , homogeneity of the data and interaction between the different areas of the company from a single tool allows to improve the performance of the organization in all areas. In addition, obtaining quality data makes it possible to work with predictive analysis that allows the company to easily identify both future risks and opportunities .
Gain agility and productivity with your ERP
Centralizing the information and increasing its quality and availability in real time streamlines the company’s processes. Day-to-day activities -such as cash flow management, resource management, production and warehouses- are much more agile and effective thanks to the automation of processes through ERP.
Accessibility and security
ERP business management solutions in the cloud are accessible from anywhere and from any device , allowing remote teams to work without barriers to their productivity . The data managed through an ERP is usually sensitive and confidential , so guaranteeing its security is essential. Cloud solutions are the best bet to protect company information against threats .
Management solutions are a key element in the digitization of companies , since they allow them to take advantage of technology to be more agile and effective in managing their processes.