{"id":2230,"date":"2021-01-19T09:49:31","date_gmt":"2021-01-19T09:49:31","guid":{"rendered":"http:\/\/coff.babshobbsdev.com\/?p=2230"},"modified":"2021-01-19T09:49:31","modified_gmt":"2021-01-19T09:49:31","slug":"guide-to-erp","status":"publish","type":"post","link":"https:\/\/www.cofficient.co.uk\/guide-to-erp\/","title":{"rendered":"The Guide to ERP"},"content":{"rendered":"
ERP stands for Enterprise Resource Planning<\/a> (although the name doesn\u2019t give much away).\u00a0 ERP is a catch all term for business software which encompasses back office and front office functionality. An ERP System is a single unified business software system which you can use to run your sales function, your finance function, projects, manufacturing, supply chain, procurement, ecommerce and pretty much any other functions you might have within your business.<\/p>\n <\/p>\n You might need an ERP system if you find that you are running your business from multiple and disparate software systems.\u00a0 In a typical business this might look like, Sage for finance, Salesforce for customer relationship management, maybe Microsoft Project for project management or Magento for e-commerce, as examples.<\/p>\n The consequence of using all these systems (which are all good in their own right) is that your business intelligence suffers.\u00a0 In order to get all the relevant information required to run your business you need to start pushing and pulling information back and forth between the systems through manual intervention or system integrations.\u00a0 This becomes expensive and\/or time consuming.<\/p>\n Sometimes the tipping point comes when duplication (or triplication) of effort becomes too much.\u00a0 Sometimes the tipping point is when it takes days to extrapolate the correct business intelligence from the disparate systems.\u00a0 In some cases the justification comes with an identified profit leakage \u2013 something slipping through the net, too many convoluted processes which leads to human error etc.<\/p>\n In any circumstance, the move to an ERP system usually corresponds with a desire to become more efficient and more effective and crucially more profitable.<\/p>\n <\/p>\n Of all the software you can deploy, ERP is the one which is most likely to dramatically reduce your costs and improve your profitability.<\/p>\n \u00a0<\/strong><\/p>\n Many of the problems encountered by big businesses, which leads ultimately to ERP implementation, are as a result of investing in a growing software estate over a number of years.\u00a0 Many ERP systems are modular or are offered as a service (SaaS:\u00a0 Software as a Service).\u00a0 You can consume what you need now but rest assured that the software has the capability to grow with your business.\u00a0 There is no reason why a small or emerging business can\u2019t deploy ERP early in the business growth cycle.\u00a0 You can start with CRM only and build out to include finance and other modules. \u00a0It’s not uncommon to create a “road map” towards your ideal system.\u00a0 Better to start as you mean to go on.<\/p>\n \u00a0<\/strong><\/p>\n Although the search and select process can feel quite arduous if you break it into bite sized chunks it is quite manageable.<\/p>\n <\/p>\n Download our free guide on Everything You Need to Know About Getting New Business Software<\/a>.<\/p>\n <\/p>\n You can enlist the help of independent advisors such as local authorities or IT Management firms to help you make an informed decision.\u00a0 You should also be guided closely by your selected partners who should be giving you honest and straightforward advice about whether the products in their portfolio achieve what you need it to.<\/p>\n Just make sure that you find software that is extensible; something which will suit your current requirements but which will also future-proof your business.<\/p>\n <\/p>\n Download our free report Everything You Need To Know About Getting New Business Software<\/a> and start your software journey now.<\/p>\nWhy do I need an ERP System?<\/strong><\/h3>\n
Is It Expensive?<\/strong><\/h3>\n
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I\u2019m An SME.\u00a0 Do I Need an ERP System?<\/strong><\/h3>\n
How Difficult is it to Find the Right ERP System?<\/strong><\/h3>\n