OVERALL BENEFITS OF ERP:

ERP by definition impacts all areas of a business. This creates an aggregate impact that affects the bottom line. For SMEs, there are some major areas of advantage

84% say ERP has directly affected their company’s positive performance
74% of SMEs say implementing ERP has resulted in time savings
30% of SMEs say ERP has increased their efficiency by more than 20%

HOW LONG DOES IT TAKE TO SEE RESULTS?

Many SMEs are justifiably wary of how long it takes to see an ROI on an ERP implementation. While staff training and customization may slow down full adoption, most companies see the following benefits with 9 months

Companies see 43% of expected infrastructure improvements
Companies see 27% of the cost reduction benefits
Companies see 41% of expected cycle time reduction

ERP benefits the whole organization and SMEs can expect improvements across business functions

MANUFACTURING – 65% of companies said ERP improved inventory management and their capacity to manage growing volume
ACCOUNTING – 54% said it accelerated the financial consolidation and reporting cycle
MARKETING – 58% of companies said ERP improved interactions with their customers
IT – 96% of SMEs reported improved information quality. One third said ERP makes information retrieval at least 30% faster

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