WHY YOUR GROWING COMPANY NEEDS ERP

Picture This: Your distribution company is booming and is as busy as ever. While you are enjoying the new profits, you may also notice the current system you use to manage your company is becoming less efficient. This is where an ERP system can save the day and allow for growth. Of course, as a small business you may wonder if implementing a more robust and advanced system is worth the cost. Here are some reasons to adopt the system if you want your business to continue to expand. 

Get a Head Start

Implementing an ERP solution while your business is relatively small is the perfect time. You are planning ahead for future growth by streamlining processes for order entry, inventory management, quoting, invoicing, accounting and much more. According to a Smartsheet report, 40% of workers spend a quarter of their week doing repetitive tasks. Productivity could be boosted and repetitive tasks eliminated with this system in place. The alternate situation can have you ending up not being able to handle the new growth and thus crashing your current system. From a future planning standpoint, having proper preparations for long-term growth can only help your company. 

Think Big

 Now this doesn’t necessarily mean bite off more than you can chew. If you want to become a big business, you must first think like one. You may not need all the features of a new ERP system but if you plan to grow, it will be nice to have and put you ahead of the curve. Remember the old saying, “Dress for the job you want, not the job you have?” Same goes for growing your business: Invest in the ERP for the company you want, not the company you have. 

Overwhelmed System

 Let’s say you decide to put off this decision until you see more growth. It is now a few months later and you are flooded with new orders. Now, your current system has crashed and is no longer viable due to limits on data and space. Data is now spread out through multiple systems across multiple departments, leading to even more confusion.By investing in ERP software and centralizing information, ‘data silos’ are eliminated and cross-departmental communication is enhanced at every level.. Current ERP systems, like Sage and Acumatica, are becoming more agile and less rigidly structured allowing your business to become more fluid and adaptable to the changing business and industry environment. By planning ahead, odds are you will avoid this situation all together and end with content customers and efficient processes.  

Save Your Finance Team Time

If your company is growing, so are your finances. Is your financial team starting to go crazy? With data being in multiple systems, there is no transparency and consistency with the numbers. An ERP system will automatically allow your finance team to get regular finance updates from company-wide departments. .This eliminates the need for integrating with other departments’ systems. No integration with other departments means reduced overall complexities and time-consuming data entry tasks.

Don’t forget to check out our other article 5 Ways ERP Supports Growth where we dive deeper into how ERP supports growth. So, are you ready to take the next step? Give us a call at 856-335-1010 or email at satkins@4acc.com today to get started!