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5 Signs your business is ready for an ERP system - Globe3 ERP - 0 views

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    You're struggling to keep up with the volume of orders, and customer satisfaction has been declining. You have doubts about the exact amount of product in your warehouse, and your sales estimate has been based more on speculation than solid facts. Unfortunately, this scenario can occur when your business grows and the former processes cannot keep up. So we've put together five signs that may indicate that your company is ready for an ERP system. You are currently practising different software managing different processes.Are your employees practising different software systems over business functions? Use various methods for accounting, sales, the warehouse, etc. When your business runs multiple separate systems, it becomes difficult to run efficiently. You will likely end up with inaccurate or redundant data, potentially damaging your process. ERP integrates these systems, so every business function relies on a single database. You don't have easy access to the data and information related to your business.What's your sales margin, daily order average, total sales, and net profit? It takes a long time to find out for businesses that rely on siloed systems and spreadsheets that must be manually checked, updated, and updated often. For faster decision-making, ERP offers more visibility and shareable, real-time data. You're having difficulty and spending too much time with your accounting.One of the first noticeable signs that your company requires an ERP system will initially come from your accounting department: Paper-based invoices and sales orders, repetitive processes and manual entering. An ERP solution may significantly improve the time it takes to combine or resolve financials across systems and spreadsheets. Your sales and customer experience are suffering.In case of sales, inventory and customer data are maintained separately, serious issues can arise throughout your business. Are managing and tracking inventory a challenge for you? When
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