Part 2 of a 5 part blog series
If you are in the market for a new Enterprise Resource Planning (ERP) system, you know there are many options when it comes to finding the right system to meet the current and future needs of your growing company. The most common reasons companies switch to a new ERP system is to reduce costs, improve productivity and to consolidate data into one centralized location. In this blog we will review several “other” benefits that are often overlooked. Stay tuned for the next 3 blogs in this series where we will explore the following topics to consider before making your ERP selection.
• Part 1. What to Look for in an ERP Implementation Consultant
• Part 2. The "Other" Benefits of ERP
• Part 3. Price vs. Value in Your ERP Selection
• Part 4. Future Trends of ERP
• Part 5. ERP Adoption Helps Maximize Your Investment
1. Security & Regulations - Today’s ERP systems are equipped with built-in security that controls access permissions, separation of duties and manages both internal and external risks. Most ERP systems also have built-in security regulations and governance in areas such as finance, data and product trace ability. This is one of the most overlooked benefits, but also one of the most important features.
2. Increased Visibility and Better Decision Making – ERP systems allow for real-time data analysis across the entire supply chain and multiple locations. Easy access to data allows for continuous review of key metrics and processes, thus creating better and more informed business decisions.
3. Additional Support Resources – Most ERP systems have a dedicated User Group Community where you can ask questions and get additional information from experienced and knowledgeable end users quickly. You can also find suggestions and resolutions to similar scenarios as yours. Training and Education for users are key to ERP success and this is a valuable resource in addition to support services provided by the ERP and Consultant companies.
4. Improved Business Processes – Streamlined business processes is another of the most often overlooked benefits resulting from an Enterprise Resource Planning software implementation. Productivity and operational efficiency are increased and manual tasks are automated, saving your company valuable time and money.
5. Mobile Accessibility - With today’s Sales forces becoming more mobile, the need for ERP systems to provide mobile access is also increasing. With 24/7 accessibility, employees from Sales, Distribution and all the way to the Plant Floor can make informed decisions quickly, manage alerts and improve efficiency.
6. Social Integration – As the rest of the world becomes more social, so will Enterprise Resource Planning software. Many companies have already integrated social sharing into their systems after realizing the value it provides in improved efficiency and customer service. The need for social collaboration that allows businesses to have more meaningful connections both within your organization and with customers will only increase in the future.
7. Growth Platform – ERP systems need to provide your company with a solid foundation that is also flexible and scalable to meet both your current and future needs. Technology is a key factor into providing a platform for your company to grow and increase functionality when required. Barry-Wehmiller International has helped hundreds of manufacturers realize the benefits of ERP systems. For additional information or to schedule a Business Process Assessment that can help you evaluate your current system and future needs, contact Barry-Wehmiller International today.
A successful ERP implementation includes understanding your requirements, selecting the “right” ERP consultant and solution that will help your business grow. Our expert are available to help make your project successful and maximize your investment. Contact Barry-Wehmiller International for a business process assessment or for additional information on how to start your ERP project.
B-WI provides enterprise, engineering, manufacturing automation and technology solutions enabling a connected enterprise by leveraging a global team to provide effective scalable solutions. We are dedicated to execution excellence through proven process methodologies and have assisted organizations of all sizes successfully transform their businesses. Our experience and expertise, crosses multiple disciplines and industries and we offer a wide-variety of solutions to fit your company’s specific needs.
Another version of this blog was previously published on May 27, 2016 on B-WI’s Manufacturing Pulse Blog by Pam Washbon – Overlooked Benefits of ERP
Image courtesy of FreeDigitalPhotos.net “Business Graph” by hywards