This is a million-dollar question to ask can small and medium-size enterprises afford ERP. In the majority of cases, SMEs are happy with using spreadsheets and paper-based approaches to document records. But, the scenario is considerably changing. Today, the businesses are fast approaching towards digitization and it pays to partner with the right vendor to get the things at the right place. Rather than relying on spreadsheets and excel sheets, you can rely on robust and scalable software such as SAP Business One. The software facilitates your organizations with informed business decision making rather than basing on mere instincts and gut feelings.
Majorly, SMEs are contented with their approach or saving information. But, the major bottleneck comes when they have heaps of data to manage and making the informed decision making. In a common scenario, a pure startup mode will primarily invest in resources that will impact productivity and boost profitability. For instance, if he is a Pharma owner, then he would focus more on bringing out the best drugs, keep track of expiry dates and so much more. Little attention is generally paid to the backend office that can impact your business majorly. So, it is time to shed the paper-intensive approach and automate their business approach for maximum profitability.
Moreover, once a SMEs stabilizes and past the critical phase, you should not neglect the impact of not bringing an ERP in place. Plus, it is a myth that SMEs cannot afford an ERP Software. Now, ERP is very much cost-effective and SAP Business One is the most favorite enterprise resource planning software loved by all fast-growing businesses. The software automates many business functions such as procurement, planning, production, sales, admin, finance, and many others. Not only this, the software brings a single version of the truth so you can make confident decision making at the drop of a hat.
Further, SMEs may also be interested in bringing QuickBooks or Tally as an option. But, it is to be noted that this software does not provide end to end solutions. They are the accounting or bookkeeping software that helps to address different issues but not holistically. To manage different business functions, carry out the payroll process, and so much more you need better software such as SAP Business One. So, all leading businesses should rather have this question in mind “Can we afford not to invest in ERP?” The legacy and homegrown software you may have been using for years may not get you to the next level. So, the right time is to partner with ERP companies in Ahmedabad.
Embarking on the journey of an ERP
There is no single time to know when is the right time to invest in an ERP. However, the sure signs are the time when you are consistently facing bottlenecks in performance which is hindering business growth and challenges.
Today investing in an ERP such as SAP Business One is no more a battle. You just need to partner with the best SAP Business One Ahmedabad to reap the right business results