5 Ways Your Business Can Benefit From ERP Software

January 12, 2022

Wouldn’t it be nice if your business could manage all of its important data in one, centralized location?

You can! All you need is an Enterprise Resource Planning, or ERP solution. Let’s walk you through what it is and how it can benefit your business.

What Is ERP?

ERP, or Enterprise Resource Planning, is software that helps your business manage its back-end processes. From finance to accounting, supply chains and inventory, and even tasks like scheduling, an ERP is a centralized program that can handle all of the essential functions that make your business run.

ERP software keeps all of your organization’s crucial data in one safe, organized, and accessible place. With an ERP in place, your organization only needs one program to keep track of all of the moving parts. Nothing will get lost in a spreadsheet. The ERP gives you a complete picture of your day-to-day operations.

What Can An ERP Do For Your Business?

In short, a lot! An ERP is a powerful business management software that can give you a 360º view of your business. An ERP can seamlessly integrate sales, operations, accounting, and more, to save your team valuable time.

ERP software can increase the speed and accuracy of your daily operations in one convenient solution. You’ll easily share information between departments without duplicate data entry, boost your efficiency, and impact your business where it matters — your bottom line.

Benefits Of An ERP Solution

Let’s break down a few of the benefits of an ERP:

1. A Single Database For Every System

Your accounting, your sales, and your operations, all in one place. Don’t waste time tracking down your departments for numbers. Keep it all there in one place where you all have access to accurate, up-to-date information. Your ERP solution can break up information logjams, help your team make better decisions faster, and let them get back to work on more high-value priorities like growing your business.

2. Simplified Accounting

Accounting tasks that traditionally take hours can be handled in an instant by ERP software. No longer does your accounting staff need to waste time consolidating financial information across your systems through numerous spreadsheets. Your ERP will store all of your financials in a single database, ensuring your accounting staff never needs to cross-post information or manually reconcile data again.

3. Improved Customer Experience

Managing your sales, inventory, and customer data separately can create problems across your company. It can also cause a poor customer experience. The last thing you want to do is develop a reputation for poor reliability and service.

An ERP gives all of your staff access to the same, real-time data, helping customer-facing reps answer questions about order and shipping status, payment status, service issues, and more, without having to put anyone on hold.

4. Make Better Decisions

When your organization has real-time data to work with, you’ll be able to make difficult decisions faster and easier. The up-to-date data also ensures you’re making the best possible decision, whereas a company without an ERP won’t have the same advantage. The ability to remain agile and respond to changes in your business environment is an incredibly powerful tool.

5. Scale Faster

An ERP system makes your business more flexible and functional, which can lead to scalability and growth. Armed with improved data clarity, your staff can shift their attention to manage the increasing volume of business while your ERP handles the dirty work of data. Your ERP helps you manage growth without ever feeling disorganized or overwhelmed.

Summary

When you have an ERP that seamlessly integrates with your business, sales, and accounting operations, all in a centralized location, you’re sure to see improvements to your business workflow. When manual data tasks are removed, your team can focus on customer relationships, scalability, and growth.

If you’re ready to see what ERP software can do for your business, check out our feature highlights.

Check Out Our Feature Highlights

"Having aACE in place will eliminate the necessity to run our business off of Excel spreadsheets, eliminate the majority of human error when making calculations, eliminate recreating-the-wheel every time we have a repetitive process come up in the course of our business, and, most importantly, it will allow my team to concentrate on building our business instead of just trying to keep up with it." –Jasmine Crandall, Midwest Custom Bottling

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