Enterprise resource planning (ERP) systems rely on huge blocks of live data to generate accurate reports and perform the right actions. Naturally, it’s important to secure business data. Poor data practices will surely expose a company to regulatory audits, not to mention ruin its reputation and loss of customers and investors.
Many businesses are wary of adopting an enterprise resource planning (ERP) system for their organization. This is because many publicly available surveys show that almost half of ground-up ERP implementation projects fail. For small- and medium-sized businesses (SMBs), that’s a risk they aren’t willing to take.
Enterprise resource planning (ERP) solutions have a long-standing reputation of being suitable only for manufacturing companies. Thankfully, many businesses nowadays — particularly professional services — take a more empirical approach to their operations and rely on quality standards and techniques for growth.
Enterprise resource planning (ERP) apps are a common business tool nowadays, as more and more companies are discovering that this tool gives them a competitive edge. Many businesses still make use of a traditional on-premises ERP, until they realize they need to access data on the road or that purchasing and hosting another server is too expensive to do.
Manufacturing is an industry with hundreds of nuanced procedures, from inventory and production to distribution and warehouse management. Thus, manufacturing companies have to deal with complex supply chains and workflows on a daily basis. Fortunately, managing technical and logistical processes can be performed seamlessly with enterprise resource planning (ERP) software.