What's in it for us?
And what's in it for us? Summarizing the biggest
Advantages of an
ERP System
Advantages
ERP
After announcing the ERP project, one of the first questions from your team will probably be: “And what’s in it for us?” This is how it looks in most cases when it comes to a cost-intensive and time-consuming project. It doesn’t matter what triggered the desire for a (new) ERP solution for your company.
“And what’s in it for us?”
In order to be well prepared for this situation, it is worth compiling the greatest advantages before the ERP selection - both with regard to the entire company and for each individual department, as employees in production, purchasing and sales all benefit in different ways from the planned ERP project.
Before you benefit from the Advantages: Need to invest Time and Money
Of course, there is a lot of time involved before you can fully benefit from the advantages. The implementation project can take one to one and a half years. In addition, the whole thing is initially a costly investment, especially if your processes are not sufficiently covered by the standard ERP solution.
Cross-company and Department-specific Benefits
In the long term, the ERP system offers you many advantages. Examples of company-wide benefits include optimization of business processes, more structured collaboration, increased efficiency and easier recording of financial data.
Increasing Added Value with increasing Complexity
Basically, it can be said that the added value of an ERP solution increases with the increasing complexity of a company. For example, companies in the start-up phase initially face completely different challenges. However, as the company continues to grow and more and more employees and orders are added, it will eventually become very inefficient to work with individual software solutions that do not interact with each other. A larger system with a common database and uniform user interface is needed.
How you benefit: Examples from Practice
Better master Data Management
An ERP system makes master data management easier for you, for example. Master data is the backbone of your processes, so to speak. As the importance of master data continues to grow with increasing complexity, a systematic approach is necessary. An ERP system can help you with this, as you can maintain your master data there centrally.
Higher Liquidity in the Warehouse
Liquidity management in the warehouse is a decisive success factor for production and distribution companies. An ERP system can be used to increase liquidity in the warehouse.
More information
on the topic ERP Benefits
on the
