Do you already know the advantages of the ERP system in companies? Did you know that this type of solution can boost your results in a much simpler way than you think?

Gone are the days when entrepreneurs saw technology as something restricted only to large companies. 

Automating repetitive tasks, centralizing business areas, and having valuable information to make decisions are essential factors for everyone who wants to grow in the market. 

Knowing this, we prepared this content to clarify how ERP can help you get more productivity in your management. Follow the content and also discover how to have the best ERP for your team.

8 advantages of ERP system in companies 

If you want to be part of this trend and stand out in the area in which you operate, you cannot ignore the advantages of the ERP system in companies. Understand the main ones:

 1. Time optimization

One of the main reasons to use ERP is the automation of manual tasks. With it, a task that used to take hours can be done quickly and with little effort. 

Whoever is responsible for cash flow, sales information, and inventory knows how time-consuming this is. With an ERP, you facilitate your routine, ensuring availability to dedicate more time to strategic analysis of the company. 

   2. All in one place 

It is not new that all areas of the company must act in agreement. However, even in small businesses, it is sometimes difficult to control and integrate the demands of different sectors.

Among the best advantages of the ERP system in companies is that no information or control is isolated. Instead of spreadsheets, agendas, tables, and specific systems that don't talk to each other, your team can have everything together in one place. 

   3. Cost reduction

Some entrepreneurs still believe that investing in technology means generating more expenses for the company. However, the purpose of the ERP system is precise to reduce them.

After all, in addition to increasing your productivity and strategic vision, this system prevents you from missing deadlines, ensures balance for stock demands, improves accounting control, optimizes financial management, and increases customer satisfaction. 

   4. Fewer human errors 

The automation of tasks does not just guarantee the optimization of time. In fact, this is a benefit of ERP that also reduces errors and rework. 

This is because everything related to financial, fiscal, accounting, commercial, inventory, and collection demands is interconnected in the system. Thus, a failure will never turn into a “snowball.” Any non-compliance can be corrected in a few clicks. 

   5. Complete reports 

Among the advantages of the ERP system in companies is that every process inserted in it has its data collected, processed, organized, and transformed into reports.

In a visual and immediate way, managers can follow the progress of the sectors, and all the financial demands and obtain complete knowledge about the “health” of the company, its eventual bottlenecks, points for improvement, and other strategic opportunities. 

   6. Data security 

Speaking of business data, it is a fact that they are very valuable inputs for management. Therefore, there can be no risk that they will be lost, corrupted, or leaked.

The best ERPs on the market are backed by strong encryption standards and accessible only to authorized people in each department. In addition, working in the cloud guarantees its complete integrity, as backups are automatic and constant. 

   7. Remote access 

Still, in relation to working in the cloud, you also have more flexibility (which is something increasingly demanded by the market), and the reason is simple: with an ERP, all you need is a computer or cell phone with internet to access the anywhere and anytime. This not only facilitates the performance of external teams but also streamlines the work of management.

   8. Personalization 

Finally, all the advantages of the ERP system in companies are obtained according to their needs.

The best ERPs offer a custom implementation. This means having prices and tools in line with your reality. Thus, you guarantee what you need most to improve your management without any resource missing daily (or even “over” without being used).

About Author

He holds a master's degree from Columbia University's Graduate School of Journalism. Send business and startup tips to chandev@downkyamal.com