How Small Business ERP Software Can Boost Your Bottom Line
ERP (enterprise resource planning) is not a recent development in software and business management, but what is new is the trend to apply ERP to SMEs (small to medium enterprises). Only large companies used to invest in ERP, because they had a lot of data to process, manipulate, and use in various formats, and ERP software allowed them to do this very successfully. As a result, people have become aware of all the benefits that good ERP software can provide, and smaller enterprises are now also investing in small business ERP software to manage that is transaction-based business, and to save on costs and operational expenditure, and overall better management of information and resources.
Studies by the Aberdeen Group, a leading fact-based research group, has found that much benefit can be gained by SMEs when employing the use of small business ERP software, giving them a bigger competitive advantage in the marketplace. SMEs have become far more numerous over the last 10 years, and a lot of these smaller companies are now poised for expansion, and further growing their revenues and profits. It is possible to gain significant cost savings with the use of effective ERP implementation to help operations function at optimal levels. This, in turn, will help these businesses to survive when economic conditions deteriorate. Small businesses who want to be at the top of their game can use ERP software implementation as a strategic weapon against competitors, and as more and better ERP solutions are developed, these solutions widen the performance gap between those businesses that invest in ERP and those who do not. It is now possible to use a wide range of technologies, features, and highly useful functions that are being improved upon all the time in order to draw better results from collected data.
The benefits of small business ERP software:
- Reduced cost of operations.
- Reduced administrative costs.
- Significant reductions in inventory.
- On-time delivery.
- Better compliance to schedules.
How Lupus Consulting Can Help
Since our doors opened in 2003, we have helped many different companies from a variety of industries achieve their strategic objectives with the implementation of our innovative enterprise resource planning software. We know that small and medium enterprises can benefit just as much from the implementation of ERP as large companies – even though this is not always universally realised in the business world. Our specific way of approaching ERP for small and medium enterprises is particularly focussed on the way these companies work and, as a result, we have had a significant influence on the widespread adoption of ERP for small companies in South Africa. We provide the following outstanding services:
- Business analysis: Before any change can take place in an organisation, it is vital to analyse the way the business operates, and to define the requirements of the business in order to come up with viable and effective solutions to challenges. We work closely with our clients throughout the process – we define the scope and incorporate this into an achievable plan for implementation that takes into account all the specific needs of the different business processes, thereby providing significant value to the business.
- System configuration and implementation: After the business analysis phase, we configure our small business ERP software to meet the needs of the client’s business according the scope identified and the analysed processes. Often complex information has to be managed in particular ways and we provide a large variety of options that will cater to all the different businesses, processes, and environments.
- Training and support: Of course, we also train your employees to use and manage your small business ERP software effectively. We conduct on-site training and offer continuous support throughout the implementation phase; in addition, we provide on-time support while the system is going live. We also continue to provide on-site and remote support of the system once it is up and running.
- Reporting and business intelligence: We know that different companies need different types of information, and as a result we write customised reports for our clients that will help them to draw effective and insightful answers from their collected data. We also provide real-time data analyses to show the current state of various facets.
If you would like to find out more about how small business ERP software can benefit your small or medium enterprise, give our team at Lupus Consulting a call today.