As businesses and organisations grow and evolve, so do their operational requirements. Keeping track of all the moving parts of a business can become a daunting task. This is where Enterprise Resource Planning (ERP) software comes in as a solution. But what exactly makes ERP systems tick? In this blog, we will examine which characteristics of ERP systems can facilitate business collaboration and open doors to a world of operational excellence.
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WHY DO COMPANIES OFTEN CHOOSE ERP?
Businesses need an integrated ERP system that can efficiently handle and streamline various processes within the company because:
- Their existing systems don’t allow them to work out processes in a simple way, or at all. Their accounting software, for instance, is unable to connect with the company’s inventory tool or manage multi-entity accounting.
- As a business grows, it becomes vital to implement a system that minimises manual work so that team members may answer basic client inquiries individually in less time and more time responding to only the most complex complaints.