Tuesday

4 Things to Consider When Looking for the Top ERP Software

Enterprise resource planning software is key to
integrating all of your internal systems. It can help you run your business
more efficiently.



Traditionally, ERP software was reserved for big
companies they had a lot of capital to spend. In recent years, ERP software has
proven useful for even small and medium-sized businesses.



In fact, the ERP market is forecast to grow
around 86
billion dollars by 2020
. With the market
expanding so quickly, one of the biggest questions is how to figure out the top
ERP software for your company.



Luckily there are a few things that you can do to
make sure you get the right ERP for your company.



1. Look For Customizable Workflows



One of the perks of top ERP software is being
able to streamline your process. You want to make sure that the software that
you’re looking in to is customizable in the way that you need it to be.



Make sure the system has an easy-to-use editor
that will allow you to adjust your workflows to match the way your company
deals with shipping, maintenance, and ordering.



2. Make Sure it’s Scalable



You want your business to keep growing. Part of the reason most people want to get an ERP is to be able to do more with their resources.



Getting ERP software that will scale up with your
business is essential, you don’t want to have to look for another ERP in 6
months because you’ve outgrown yours.



3. Human Resource Products



There are quite a few ERP systems that can
provide you with HR products such as time clocks, benefits management, and
payroll.



This might be more important if you are a smaller
company that doesn’t already outsource this, or if you are looking to bring HR
more in house.



It’s no secret that your employees are close to
if not the most expensive part of running your business. That’s why it’s so
important to make sure that they are taken care of and HR is handled properly.



4. Cash Flow Management



A study done by U.S Bank showed that almost 82% of small-medium
businesses
 fail because of poor cash flow
management.



Top ERP software will be able to track your account
maintenance, budget, general ledger, and monitor foreign currencies.  



Remember ERP is meant to make your life easier,
so let it track your company’s financial health



How much does
NetSuite cost?
 A lot less than mismanaging
your assets would.



Find the Top ERP Software



The top ERP software isn’t just for the big dog
anymore; it’s becoming more and more useful to small and medium-sized
companies.



There are so many benefits to finds an ERP system
that best works for and with your company.



A good ERP can help you with your inventory,
managing your finances and your employees – all while being able to grow with
your company.  



If you’ve had an ERP, you know how helpful it can
be, and if you haven’t, then prepare to be blown away.