Do you think business growth in the 21st century is easy than before? With the competition in this digital era, most of the firms are going digital. In past, businesses were using the spreadsheets and papers to manage their data but now they use ERP systems. Then they shifted to use the on-premise ERP system, which was costly because they had to engage one IT team to manage that system. Now it’s time to change your old ERP system to a new Cloud-based ERP system.
Let’s focus on the key points that play an important role between your OLD ERP and New Digital ERP Application.
1) Real-Time Data
As a matter of fact, ERPs and the data analysis are supposed to stay in close relations. Your ERP is deprived of modern communication and collaboration features if it is not able to analyze the data in real time. So, it obvious that your ERP will not provide any insightful alerts that enable you to modify or change a condition before it becomes a significant issue. Thus, without expecting this type of advanced notifications, you may become uninformed of continually changing market conditions, or easily fail to notice some urgent maintenance needs.
Mainly there two reasons behind those systems that label as “outdated” nowadays.
- One of the major reason is that they are not fully integrated with the other systems running at an organization. As a result, they fall short of capturing the real-time operational data as per organization needs.
- Another reason is that the analysis performed at organizations are done manually via spreadsheets which results in a huge room for errors. It takes a lot of efforts and time. In fact, this way of conducting analysis is mostly inefficient.
Current ERP Development Services provide such solution that they can easily monitor a number of business conditions simultaneously, and thanks to the alerts and notifications they’re able to send, one can change conditions as per the specified rules. Their two strong points are speed and convenience: text messaging options and visually-appealing dashboards will keep you aware of critical conditions and key performance indicators exactly when you need it.
2) High Maintenance Fees
Cloud ERP software development has gained significant popularity over the last few years, as it’s used in various industries worldwide. Organizations have identified that the use of data is growing in volumes, so it’s hard for them to keep all of their data, programs, information, and systems in operation on internal computer servers.
In fact, if you haven’t moved your business into the cloud, it is the right to do so. The old ERP systems running at your end demand too much human involvement and valuable financial as their maintenance fee are high, which is exactly the opposite with the cloud ERP software. There are no such ongoing fees for maintenance or feature-adding. This way, the use of the cloud benefits in both directions: it helps to increase the efficiency of an enterprise and also a cost-effective.
In addition to this, cloud ERP software works great for improving security. Organizations who are already moved on cloud ERP software has already seen the positive change in their system and data security. In a simple statement: it’s almost impossible to keep up with the increasing number of government and industry changes if you still use an old and outdated ERP solution, especially when we talk about business financials and tax. Can you envision to deal with this process of manually managing the spreadsheets or calculating sales tax? It’s not only difficult but according to us, it is next to impossible.
In ERP arena, Cloud, Mobility, and ease of accessibility are buzzwords. These are the must-have features of ERP software application. But the fact is, the majority of outdated ERP systems don’t come with reliable Internet applications, or, in other words, your ERP solution doesn’t provide mobility, it slows down your business. The biggest disadvantage of this is the delay in transmitting the flows of information. Your employees need to have access to the data they require via their mobiles, smartphones or tablets, and they wish to have the ability to share it in an easy, quick and convenient way.
Again, the aim of mobility is all about proper and correct communication. Employees working at the organization would like to be on the same page with the rest of the organization – freelance, sales staff, and remote employees – in real time, improving the quality of decision-making processes within an organization.
Cloud software development is about proper connectivity and better work-life balance as well. Current running ERP software applications ensure a high level of connectivity with web applications and other platforms, which helps your clients to check their orders and return exactly when they feel to. This not only helps your customers but on the other end, your suppliers can also fulfill the orders of customers as they process in your ERP. As a result, your stock levels stay up to date, enabling great visibility for your sales representatives and customers. who might be browsing through other e-commerce channels.
So what will you pursue an Outdated ERP or Digital Transformation? Whichever you choose, make sure that everyone in your company should be aligned regarding your business strategy.
Who can Help You to Transform Your Old ERP to New ERP Software?
Looking for the ERP software development company who can help you in custom ERP software development? Then you are at right place. We at Kanhasoft can build your ERP application with the latest technology stack which suits your business needs. We will listen to your all requirements which can help you to automate your business processes. Let’s have a call!