The Business Value and Benefits
of a Modern ERP System




Businesses can no longer ignore the valuable impact ERP’s have in the business world. As fragmented business systems and processes become centralized into ERP databases, organizations can strategically align individual departments and enhance workflow resulting in substantial cost savings.

Download our free ROI calculator to quantify the value of a new ERP system and understand the financial impact of not modernizing your current systems and processes.

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16 specific business benefits of a Modern ERP system:

  1. Improved business insight. ERP software delivers real-time reporting that’s easier to access and highly customizable. Your company will be empowered to respond to complex data requests much faster and easier. Users are able to generate their own reports without the aid of IT, saving valuable time to focus on other projects.

  2. Enhanced collaboration. An ERP system enables users to share data in contracts, requisitions, and purchase orders. The demands of today’s digital economy no longer allow a business to have each department functioning separate from the other. Collaboration between departments is a crucial part of the business. With the data entered into ERP systems being centralized and consistent, departments can now easily work together and naturally encourage collaborative, interdepartmental efforts.

  3. Improved efficiency. Through a common user experience across many business functions and processes an ERP solution eliminates repetitive processes and greatly reduces the need to manually enter information. The system will also streamline business processes and make it easier and more efficient for companies to collect data regardless of the department.

  4. Consistent infrastructure. ERP systems give a consistent look and feel across all business activities.

  5. Reduced risk. From better data integrity and financial controls.

  6. Streamlined operations. Integrated systems lower operational costs and streamline business processes. The integrated systems prevent data re-entry which increases efficiency and productivity. Streamlined processes improve functions such as production, order completion and delivery.

  7. Reduced IT Costs. No need to worry about updating hardware and software it’s all done automatically in the cloud so you don’t have to purchase expensive new hardware or update packages.

  8. Forecasting. Enterprise resource planning software gives your users, especially managers, the tools they need to create more accurate and effective forecasts.

FREE ROI Calculator

Download our Free ROI calculator to quantify the value of a new ERP system and understand the financial impact of not modernizing their current systems and processes.

Free download → 

 

  1. Scalability. Structured ERP systems grow as you grow. They allow the addition of new users and functions over time. As you need more resources to fuel growth, an ERP provides the pathway for accelerating that growth.

  2. Integrated Information. All data is centralized, eliminating fragmented data across multiple databases. This means integrating your CRM software with an ERP system is possible. You can keep data consistent, accurate and unique allowing you to track orders, inventory, shipping and more, all in a single place.

  3. Cost Savings and ROI. With integrated systems and streamlined processes an ERP software system reduces operational costs. Real-time reporting gives users the ability to make quick, accurate decisions to prevent delays or disruptions, handle support requests more efficiently, and grow your business to scale. With the right vendor you’ll see a positive ROI.

  4. Access. ERP software systems give you access anywhere, anytime from any device. Given the demands of today’s on-the-go workforce, the ability to access a centralized database via mobile device is essential.

  5. Regulatory Compliance. Cloud based ERP software systems maintain up to date regulations and monitor compliance changes, so you’re always in the know.

  6. Fit Your Business. Cloud based ERP systems are robust, flexible, and configurable. They can be tailored to fit your unique business requirements. This also prevents organizations from having to purchase a new solution as your business grows and changes.

  7. Customer Service. High-quality customer service becomes a breeze with an ERP System, especially one like NetSuite ERP. Sales and customer service teams can deliver a better customer experience, improve relationships and generate additional revenue through faster access to customer information. You’ll have a marketing automation platform, CRM and customer history at your fingertips ensuring your customers are actively engaged.

  8. Security. An ERP system improves the security of all data through in-house resources and firewalls. Your data is as secure as you deem fit, with a customized solution that meets your business requirements.

Ready to make the switch or still have questions? Our team of experts are standing by ready to help you choose the right solution for your business. Call Us Today – 888.773.2123

 
  Next Steps
  1. Download The Self-Assessment - See how you stack up against your competitors and determine if an ERP is right for your organization.
  2. Understand the Business Value, Benefits and ROI of a Modern ERP System - Includes value (ROI) calculator.
  3. Selecting an ERP - Best Practices - Includes business process maps, vendor scorecard, sample RFI, and top 10 questions to ask your ERP vendor.
  4. Why Partner With goVirtualOffice - Our team of former CFOs, CPAs, controllers, business leaders and technology experts will bring you real world experience and best practices to your ERP implementation.
  5. Why NetSuite - #1 Cloud ERP.

FREE ROI Calculator

Download our Free ROI calculator to quantify the value of a new ERP system and understand the financial impact of not modernizing their current systems and processes.

Free download → 

Next Steps
  1. Do You Even Need an ERP? - A quick self-assessment will help you determine if an ERP is right for your organization.
  2. Understand the Business Value, Benefits and ROI of a Modern ERP System - Includes value (ROI) calculator.
  3. Selecting an ERP - Best Practices - Includes business process maps, vendor scorecard, sample RFI, and top 10 questions to ask your ERP vendor.
  4. Why Partner With goVirtualOffice - Our team of former CFOs, CPAs, controllers, business leaders and technology experts will bring you real world experience and best practices to your ERP implementation.
  5. Why NetSuite - The #1 Cloud ERP.
Need Help?
Contact us today for help with your ERP evaluation. Call us at the number below or simply complete the form and we'll contact you right away.

Phone: 888-773-2123

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