Top 10 Reasons For A New ERP Solution

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Top 10 Reasons You Need a New Business Management Solution

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There are many common signs to determine if your current business management solution is working for or against you. BKD has compiled a top 10 list of key issues your organization may be facing that suggest you should consider a new Enterprise Resource Planning (ERP) solution.

Transcript of Top 10 Reasons For A New ERP Solution

Page 1: Top 10 Reasons For A New ERP Solution

Top 10 Reasons You Need a New Business Management Solution

Page 2: Top 10 Reasons For A New ERP Solution

1. Non-integrated and Disparate Systems

It is critical to implement a single, integratedsolution to help boost employee productivity andeliminate non-value-added tasks from yourbusiness processes.

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2. Out-of-Control Product Costing

A complete business management solutionshould provide control over the supply chain,effective planning and scheduling tools thatprovide visibility into future requirements andaccurate on-hand quantities and costs forpurchased and produced inventories.

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3. Manual Business Processes

Effective ERP solutions offer configurable workflowengines that permit the automation of businessprocesses along with customizable processdiagrams that adapt to your businessrequirements. As your business changes, yoursoftware should change and grow with it.

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4. Growing Pains

From automating tasks like approval processes with online workflows and electronic signatures to implementing a fully automated warehouse management solution, your ERP system should help you increase your revenues and improve your bottom line without adding staff to manage the increased volume.

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5. Customer Satisfaction Issues

You should be able to accurately quote promise dates to customers, permitting you to meet or exceed on-time delivery standards. Depending on your industry, forecasting tools are also available to help plan your material requirements based on project demands.

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6. Difficulty Extracting Data

Business owners and upper management shouldnot have to wade through numerous screens and reports to identify key performance indicators that drive business. Customizable, web-based dashboards can put critical information in the hands of key decision makers on demand.

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7. Poor Performance & Lack of Data Integrity

Your ERP solution is critical to your success and should meet the three basic tests of any software solution: availability, reliability and performance. Your solution should be based on a scalable, relational database structure with built-in protection against data integrity and performance issues.

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8. Decreasing Top Line Revenues

The right customer relationship management (CRM) solution can help your organization gain a competitive edge through better insight into sales, marketing and customer management processes.

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9. High Infrastructure Costs

A hosted software solution – also called “cloud computing” – gives organizations a choice when deploying new software. You can experience a lower cost of ownership with less on-premise hardware and controlled maintenance costs along with the ability to access information where and when you want it.

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10. Regulatory or Compliance Reporting

For many industries, tracking the information necessary to complete regulatory reports is a complex and growing requirement. From ISO and SOX reporting to OSHA and FDA requirements, your solution should allow you to document and report any data required by regulatory agencies governing your industry.

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For More Information:

Jeffrey PauletteBKD Technologies

[email protected]