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Managing a business can be quite demanding so it is essential to have the right systems in place to help you run it as efficiently and effectively as possible. One way to ensure you do this is to have the right business management software in place.
Essentially what you need is a system that gives you access to accurate, real-time financial, accounting and business management data. It should be flexible enough to enable you capitalise on the latest technological advancements. It must include some sort of customer relationship management functionality to ensure you can offer superior customer service. It needs to be adequately supported by your provider for when issues arise. And finally, your system needs to be able to grow and adapt with your ever-changing business needs and processes.
An inadequate business management system is a major factor contributing to missed opportunities and often business failure. Recognising where your current ERP/business management software is failing your business is your first step to aligning your software needs with your business strategy.
It is very easy to get so caught up in the day to day running of your business that you miss valuable opportunities to save time, money and resources; all of which could be crucial to your company’s survival. Take a look at the following system inhibitors that could slow you down…
When you can’t get the information you need to make sound business decisions you can miss out on crucial ways to improve your bottom line…
When end-users start to complain or improvise, things can get messy…
Poor customer service spreads like wildfire…
It’s understandable to want to hang on to the familiarity of your existing system but at what cost to your business?…
Downtime costs money…
If you are experiencing any of these issues, it may be a good time to review your system(s).
Changing or upgrading your business management software is never an easy decision to make but sometimes it can be crucial to your survival.
Think of it this way – the longer you stick with a system that no longer meets your needs, the less efficient you become and the more costly it can get for you in the long run. It costs nothing to take a step back from your daily routine to take an objective view of your current business management system.
Take our quick ERP Needs Analysis Test and find out if your ERP system leaves you open to failure or destined for growth.