Discover three key ways that business management software delivers key stability for your business in a changing world
Despite being barely two years into the 2020s, the scope and volume of change witnessed has been astounding. From the global pandemic to ongoing inter-state war in continental Europe for the first time in decades, the current set of global challenges present businesses with a complex question. How can they stay ahead of ongoing global shifts? What techniques, technologies, and tactical moves can be made to make sure that your company is well-placed to manage change when it inevitably arrives?
The answer is a well-developed ERP solution. More and more businesses in the manufacturing sector are discovering the real advantages offered by this kind of software. Especially when it’s fully integrated and when it’s comprehensively installed and oriented to give you a clear and unambiguous picture of the broader situation. To understand how much ERP and manufacturing software can change your business here, consider the following three key benefits.
Single source of truth
To be ready to face the challenges presented in your business sphere in 2023 and beyond, the most important thing you will need is summarised in a Latin phrase made popular by the 1999 film “The Matrix”. Temet Nosce. Know thyself.
How can you be ready for the changing and complicated world that we will doubtless find ourselves within in 2023 when you can’t be completely confident in your own businesses current performance? Of course, you will have some idea. The different actions you go through to do everything from purchasing items to processing orders are all loged and tracked so you can go through them when necessary, but when these are all different systems working independently, it can be difficult to fully understand who provides the real picture.
With the right ERP solution, you can have a single interconnected system that allows a comprehensive and clear picture of your entire business operation. No more need to gather different reports from seven different places. One source, no ambiguity, no need to work hard to work out what your business is doing.
Real-time responsiveness
Among the biggest challenge that the 2020s have shown us is just how fast everything can change. In the case of COVID-19 it was barely a matter of weeks between when news stories of one or two cases in certain parts of the UK made headline news, and then national lockdowns were coming into effect. To deal with this kind of change pace, you need a solution that can understand and react quickly.
Without an integrated ERP solution, such responsiveness is difficult to coordinate. The reason why is revealed in the necessity of the previous sentence’s final word. Coordination. To respond and understand things properly, rather than just looking something up with a string of commands, you’ll need to coordinate outputs and data sets from several different places. Connecting the accounts teams’ outputs with reports from a CRM and any number of other teams and technicians is always going to be a challenge.
With a single unified ERP solution, however this can all be changed. You no longer need to be concerned by connecting and correlating different points of data. When every system speaks the same language, you can get all the data you need in real-time. Allowing for reactive response, real understanding, and radical clarity of vision and purpose.
Distilled data
With your single source of truth, combined with your real time data, there is one final step to take so that your ERP system can radically change the way you and your business work every day. It’s not just that the data has to be comprehensive and ready in real time. It needs to be simple to understand too.
With a well put together ERP system you can tailor-make business monitoring dashboards that deliver a transparent and transformative message. There you can learn about how your company is working, where it’s doing well, what could be doing better, and why that is happening now.
This is what can be achieved with a well-put-together package of ERP software when it’s properly connected across your entire business. From your accounts and credit control to your courier integration and purchase orders. That is what’s on offer from OrderWise.
Jon Roberts, Sales Director at OrderWise
jon.roberts@orderwise.co.uk
