ERP has become a vital part of business for many companies across the world and it was found in a survey that more than 80% of the global companies are dependent on ERP for their everyday business. But in many organizations - many different types of systems are in use and once the organization is dependent on the system - it may not find other methods of working easier to shift to - even if it is more beneficial.
There are a number of companies which have been using ERP packages to ease the process of data integration and many organizations wants to shift to the new service oriented architecture or the web based ERPs to meet the new business requirements.
Some of the conditions when ERP should be considered are
Growing business and branches: When a company is trying to establish itself in various places and it becomes difficult for the management of the company to take care of everything that is required for managing the new branches, it is advised to go for ERP solution which will provided easy maintenance at a low cost.
Problems caused by traditional method of working: There are man companies that use automated solution which are built in transitional style and therefore, the departments are working independently of each other. To get centralized system ERP should be taken.
Need to reduce expense on data management: There are a number of companies where the management of huge data and the segregation of valuable and wasteful data is a tough task. An automated system can easily manage the data as per the needs of the company and also provide only the needed data to the client and prevents wastes on data. The company where data management is a problem should go for automated system to ease the process.
Automated systems can even provide the high priority data at the time of making decisions which allows the company to work smoothly and complete the tasks on time. It also improves accuracy and human errors, therefore, the companies suffering from data management issues can opt for ERP.
To increase marketing potential: With the change in market conditions, the need for vigorous marketing has increased and a number of companies are adopting the features of latest technologies to reach new markets. ERP enables a company to go beyond boundaries and provide highly featured customer service to its clients.
For example: Hospitals can easily provide the 24/7 customer service because the software will take care of emergencies and important dates. Automated system can send alerts to the customer care executives to get in contact with the customers to finalize the deals. There are many other features which make the job easy and fast.
Need to increase production cycles: Production cycles can be increased through automated system as the decisions can be made fast and accurate data enables to meet market demands on time. The decisions related to new productions can be made based on the data provided by the software.