SIMPLIFY LIFE AT WORK

Posted by: KC on  7th August 2017


SIMPLIFY LIFE AT WORK with a single system to manage your business

Emerging alliance research finds that 96% of Best-in-Class (the top 20% of performers) growing businesses have implemented an Enterprise Resource Planning (ERP) solution. These solutions are designed to help organizations of all sizes to face their challenges and provide a single business to support visibility, efficiency, and decision-making. ERP is the key tool in business to make your life easier

CHALLENGES FOR GROWING BUSINESSES WITHOUT A SINGLE SYSTEM

  • 83% Systems cannot interact with one another
  • 89% Systems cannot track business processes
  • 83% Inaccurate data
  • 78% Redundant data
  • 72% Inability to access data when away from the office
It’s difficult to grow without being able to communicate standards and understand business performance

HOW USING A SINGLE SYSTEM HELPS A GROWING BUSINESS

Growing businesses choose ERP over point solutions or stand alone accounting solutions for several reasons:
  • 48% Real-time visibility into the status of all processes(compared to 6%  without)
  • 77%  Able to standardize back office processes (compared to 22% without)
  • 633% More likely to be able to share data with suppliers, customers, resellers, and regulatory body
  • 4x More likely to be able to forecast and plan for demand
  • 11% Reduction in operational costs
  • 37% Need for Collaboration
  • 29% Need a scalable application
  • 24% Have a dated technology infrastructure
A single system provides accurate, easy to find data that enables visibility, collaboration, and efficiency.
Characteristics of Best-in-Class growing businesses:
  • 2X More likely to be able to tailor and access reports in a self-service capacity
  • 2X  More likely to have mobile access to ERP
  • 47% Can tailor ERP to support business change (compared to 19% of all others)
  • 50% Have business analytics integrated into ERP
  • 58% Have automatic notifications(compared to 23% without)
  • 10% Increase in profitability over the past two years
Best-in-class growing businesses can easily find and use the data they need, no matter where they are, to make agile decisions
36% DECREASE IN THE TIME IT TAKES TO MAKE DECISIONS
ERP is the advantage that businesses need in order to support growth, agility, and decision-making to get ahead of their competitors.
 
For more information, visit www.emerging-alliance.com
 
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