Top 10 benefits of Implementing ERP Software

Many enterprises have been looking out ways to boost their productivity and manage growth by making smart decisions. Implementing the ERP software is one the smarter moves which not only helps you in improving your productivity but, also helps in reducing costs. You can address many business challenges by considering ERP software for your business. There are many benefits of ERP software implementation, we have come up with this article to highlight the top 10 benefits:  

1. Customers Relationship Management (CRM): ERP Software will help you to provide better CRM Services to your clients. You can have your customers’ data at your fingertips. The application will help you to retain your old customers by providing the best services, achieve new customers by streamlining your CRM process and discover opportunities

2. Automation: By implementing the ERP System you can streamline and automate the processes. You can save your valuable time which you used to spend in the manual process. It is very useful for enterprises to save man-hours by moving to automation. This will help explore and initiate new things at your enterprise.

3. Costing & Returns: ERP Software is available at a different price range. You can choose an application within your budget. It will give you high RoI. Advanced Architecture and Web Interface save money and time. ERP solutions easy to implement and install, maintain, integrate and upgrade.

4. Business Intelligence: With integrated business intelligence, you can now proactively manage your business process with Real-Time Analytics, Reports, Alerts, and Key Performance Indicators, snapshots of Cash Flow, Inventory, Customer Insight and Profitability and make a better decision.

5.  Mobility: You can take advantage of staying connected with your database from anywhere and continue your working activities. No need to station at one place to update your work or to monitor your sales activities. Simply you can log in into the ERP software and start tracking the progress your team is making. It is a mobile-friendly solution and application.

6. Reporting: Make your reporting process much easier and customizable. You can respond to complex data requests much easily with the implementation of ERP Software. The application is user-friendly, so you don’t need the help of an IT team in report generation. You can do yourself and it will save huge man-hours for your enterprise.

7. Data Security: You will not worry about data security anymore after implementing ERP Software. You can make it more secure by restricting the data access. It will improve the accuracy, consistency, and security of data.

8. Collaboration: ERP software helps you to improve productivity through open lines of communication. It will help to connect everyone in your organization with common communication and collaboration and accuracy. Now share documents, data, online notes, attachments and social media feed across with your company and customers.   

9. Global: Of late, businesses are global so as the ERP software. No need to depend on localized solutions for each country. Use a single system to meet local management needs and report across locations and borders.

10. Compliance: Best ERP Software simplifies Governance, Risk, and Compliance Management automatically enforces final financial management standards and delivers audit trials.

Many of our customers are happy and achieve their operational excellence after implementing Odoo ERP Software.