The turn of the New Year often inspires businesses to make new plans for growth. Looking back at the past may indicate new ways to improve products or processes or find other ways that lead to a healthier bottom line. Get ready for a great year by strengthening your business management system.
Are you or your management team able to quickly access the accurate data that you need to make plans for the New Year? If you are waiting for days, or weeks, to get inventory updates, operational data, or financial reports, then you are already a step behind in the planning process. In order to plan a successful year, you need prompt access to reliable business data. An enterprise resource planning (ERP) solution can provide the insight that you need to position your business for success, and here’s how:
Get the data you need, when you need it: ERP offers a centralized location for all of your business data. Your people can enter data quickly and easily, and your management team can access it just as easily. Real-time data can support strategic decision making and the ability to be responsive to new opportunities and customer demands.
Improve productivity: Today’s ERP solutions, including Microsoft Dynamics® GP, are easy to learn and easy to use. Eliminating complicated or confusing processes makes it easier for your people to enter important business data, which improves productivity. ERP is also integrated, meaning data can be entered once and shared by others for different uses. This integration reduces the need for redundant data entry, which wastes time, and can result in data errors or lead to costly mistakes.
Business intelligence you can use: You and your team can access real-time, reliable data from ERP which can then be used to your competitive advantage. Built-in business intelligence and robust reporting features offer greater visibility into operational and financial data. You can harness this data and find new ways to streamline operations, reduce wasteful processes or spending, and optimize profit margins.
Inadequate business technology can make it difficult to get to the business data you need to position your business for success. Contact Sherwood Systems for more information about using ERP to strengthen operations, drive growth, and make this a great year for your business.