A Brief Introduction to ERP
As remote working has become the norm, small businesses need to invest in an Enterprise Resource Planning system. Otherwise known as an ERP, this program is an all-inclusive system that helps streamline your business's multiple functions.
This centralized core replaces the everyday specialized software typically used for individual implementations. As a result, things like miscommunication are reduced greatly, leaving more room for efficient practices.
It’s no secret that businesses are gravitating towards an ERP system, but the question is: do small businesses require them? The answer is an absolute yes.
An ERP system is highly recommended for small businesses as it will better prepare you for eventual company growth. A cloud-based ERP system is a cost-friendly solution that provides you accessible visibility over your business operations.
Benefits of ERP for Small Businesses
1. Supports remote working conditions
As previously mentioned, remote working has overtaken businesses due to the unforeseen circumstances of COVID-19. In more ways than one, the situation has forced businesses to accelerate rapidly to ensure that their goals are still met.
This transition requires critical processes to undergo to adapt to the sudden shift. Fortunately, an ERP lets you access a cloud both on and off-site. Since everything is centralized, users still share the same perspective of stored information no matter where they are.
2. Real-time quick reaction speeds
A cloud-based ERP supports constant collaboration using real-time data and analytics. This accurate information can generate further sales and revenue, which are helpful if you want your small business to grow.
Specializing systems with specific roles usually don't have quick reaction speeds, potentially leading to unwanted delays. But when everything is unified under one system, departments don't have to wait for each other's specific data to deliver immediate customer satisfaction.
3. Full visibility over operations
With a solid ERP system, businesses have full visibility over their operations. Having a clear, streamlined picture of your business means knowing what resources are allocated, which products generate positive reviews, and giving you a better idea of how to move forward.
However, it is an entirely different story with an individual system for each application. Companies will have difficulty pointing out specific data such as customer service or order volumes. As a result, businesses can't generate the profit they wish to achieve quickly.
SAP Business ByDesign As Your ERP Choice
There are plenty of ERP system options in the market, but SAP Business ByDesign remains a top choice for small businesses. Businesses who anticipate immediate fast growth can turn to this ERP system to effectively translate growth into concrete results.
SAP Business ByDesign provides end-to-end solutions with a quick implementation time of 8-12 weeks on average. Thanks to its scalability, the ERP system is configurable enough for you to change to meet your businesses' dynamic changes under several circumstances.
Above all, SAP Business By Design allows you to deploy the following solutions:
- Attain accurate transparency of your businesses’ entire supply chain
- Minimize operational costs as you make efficient use of your inventory levels
- Guarantee full client value with real-time project insights
- Automate professional processes to increase efficiency in the manufacturing process
- Receive real-time visibility of your operations from start to finish regardless of channel or region.
Another ERP Option: SAP Business One
If SAP Business ByDesign is slightly too complex for your business, SAP Business One is a great alternative. SAP Business One streamlines your workflow like a regular ERP solution. It also offers modules for different processes, such as accounting, analytics, sales, and more.
However, SAP Business One offers cleaner modules typically found in the core of ERP. You may have trouble finding advanced modules provided by SAP Business ByDesign, such as project system management, revenue recognition, and user-defined KPI reporting.
Additionally, SAP Business One is best suited for companies categorized as small to mid-sized businesses for 5-100 users. Whereas SAP Business ByDesign is typically preferred for mid-sized companies with 20-700 users under their wing.
Cost-wise, implementation for SAP Business One is much cheaper (10,000 – 100,000 USD target budget) compared to SAP Business By Design (50,000 – 250,000 USD target budget). If your company is looking for a basic ERP system to begin expanding your business, SAP Business One is another valuable choice.
Reach Out To Us for Implementation
Applying an ERP system such as SAP Business ByDesign may be a bold move at first, the transition is worth it if you plan on growing your business.
digitus can assist you in the implementation of SAP Business ByDesign. As a leading software advisory partner, we are ready to guide you through every step of the process.
With years of professional experience in selecting the best software solutions, digitus guarantees you the right ERP system fit fully integrated into your operations.
Contact us to implement SAP Business ByDesign.