5 Ways ERP can optimise your business
Some of you may have heard of this term before, but for those who haven’t, do allow me to explain fully what an ERP (Enterprise Resource Planning) is.
And no, I’m not referring to the infamous gantry in Singapore that eats your precious money when you drive pass. Haha.
Basically, it is a business management software that enables you to perform any complex task through coding. But then again, is there anything a programmer can’t code?
ERPs have been getting more and more popular with businesses because of the wonders they can do. Traditional ERPs are usually offline and often only accessible in offices when connected to a server.
However, nowadays ERPs are usually cloud base and can be accessed anywhere as long as you are connected to the internet.
Alright, since now everyone is clear about what an ERP is, let me show you the wonders it can do to optimise your very business.
It can do CRM stuff.
All businessmen know that customers are one of their most important business shareholders. Although customers are not always right, it is still crucial for you to have a good relationship with them.
After all, customers are the ones putting money into your pocket. But how do we go about building relationships with them in the first place?
I’m sure you have more or less a database of customers’ details, but you may or may not know how to handle it, or even what to do with it.
ERP enables you to have a better understanding of your customers. You can access your customers’ details in an organised manner―what are their purchases, when did they make their purchases, generally popular or unpopular purchases, who are your recurring customers, etc.
All these data are juicy information from your customer base which enables you to build better relationships with them as you utilise these information optimally.
It can do invoicing stuff.
Invoicing is a tedious yet essential part of a sales transaction. Having to type word by word and input all the necessary details before sending invoices to your customers is laborious and time-consuming.
Ever hope that this process can be completed without manpower expense? Web App can do it. Once a customer purchases something off your online site, your Web App can do the back-end magic and automatically generate the sales invoice, attach it to an email, compose the email and send it straight to the customer.
You no longer have to trade time that is meant for more important things, on invoicing.
It can do salary stuff.
Management, tedious calculation, overflowing punch cards ― all these just to pay your employees. And the worst part is that many of your employees’ salaries are different.
You have to do your math for each and every individual employee; it is a must-do. But all these administrative effort eat up a lot of precious time.
ERP can handle this. Gone are the days of using a punch card or paper with records of your employees’ working hours. Bid tedious calculations farewell!
All you need to do is input a formula, and let your ERP do the magic. Congratulations, you no longer have to worry about your employees’ pay the same way every again.
It can manage supply chain and storage stuff.
A simple yet smart task that the ERP can also do. Managing your stocks down to the quantity of specific items.
Since most warehouse storages use a POS (Point-of-sale) machine to keep track of goods, the machine can also be intergraded into the Web App so that all its stored information are cloud base.
You can also micromanage your supply chain or your factories down to each individual ingredient’s quantities. A complex task made simpler.
It is cloud-based stuff.
Probably the most important aspect as to why people prefer modern ERP over traditional ERP systems, is that modern ERP is cloud-based. It is that simple. It can be accessed anywhere!
Traditional ERP systems are great, but you can only access them in your workplace; when you’re on the go and you need certain information from your old ERP system, you will not be able to access them. Modern ERP gives you the liberty to access all these information no matter where you are.
Of course, modern ERP does have its downside too. Its strength is also its weakness: Cloud base. Because it is cloud based, information needs to be downloaded through a server.
Some users experience slight delays compared to traditional ERP systems. Fortunately though, technology is advancing at a tremendous speed, and this problem will be solved eventually.
What should a web app have? Find out by watching our video here!