CLOUD ERP BEGINNERS GUIDE
Posted by: Banugopan on  27th September 2017
CLOUD ERP BEGINNER'S GUIDE
You’ve outgrown your basic accounting software. Your business is growing, along with your transaction volumes, process complexity, and information reporting needs. Increasingly complicated business processes are too much for quick books and products like it; it’s time for better business management software. Cloud computing provides robust, cost-effective solutions for small and medium-sized businesses to help you meet customer demands and keep stock in balance.
SIGNS AND SYMPTOMS YOU’VE OUTGROWN YOUR SOFTWARE
Your sales are growing but you don’t have the right inventory to meet customer demand.
You have excess inventory, because you’re keeping extra safety stock in order to avoid stock-outs
Your order fill or item fill rates are falling and so is customer satisfaction
Customer are complaining that their invoices don’t match the goods they ordered or received
WHY DO I NEED BUSINESS MANAGEMENT SOFTWARE?
Business management software treats business events as end-to-end processes. When a completed order is shipped, inventory balances are immediately updated and an invoice can be produced. An enterprise resource planning (ERP) system can reduce transaction cycle time, as well as the manpower and paper transactions necessary to execute them.
NO MORE ISLANDS OF INFORMATION
Data is instantly updated when transactions occur, so decisions made regarding inventories, can balances, or purchase commitments are based on the most current information. “Islands of information” are eliminated; everyone makes decisions based on the same data.
WHY THE CLOUD?
Cloud-based ERP solutions are ideal for small but growing businesses, providing robust functionality and sophisticated reporting capabilities
They can be deployed in a variety of platforms and configurations, reducing costs.
Cloud-based systems are flexible enough to fit any size business, so they grow with the company.
How long has the vendor been in business?
What has their year-over-year growth rate been?
Does the product have the core modules you need to run your business?
Does the product have features you need (now or in the future), such as multi-currency support, multi-warehouse support, and varied pricing capabilities?
Does your vendor have global reach, with overseas offices and partners who can help you succeed?
Get started today.