How next-gen ERP serves as the backbone of SMEs?

15 June 2020 5 MIN READ

With technology taking a new shape now and then, it’s natural for business leaders to be mistrustful of technology, especially when it comes to automating their business processes. 

But let’s begin with a simple question: If you were asked to harvest an acre of wheat, would you rather use: a) A sickle? b) A harvester? 

The intelligent saying would rest our choice on the latter option. 

Likewise, an ERP is capable to simplify your business processes where business stakes are high. Here are some compelling reasons for you to decide the move to a smart ERP.  

  • An overall increase in revenue
  • Increased customer retention 
  • Increased end-user productivity
  • Optimized inventory flows across the entire supply chain
  • Streamlined Materials requirements planning (MRP)  
  • Automated tracking of quality management  
  • Faster and dependable financial closing 

Let us talk about the benefits of embracing ERP for your business. 

  • Foster employee engagement 

In an established business, legacy systems can take a toll on employee engagement and efficiency. SAP Business One can automate manual tasks and help employees to do their tasks faster with the utmost precision. 

  • Integrate cross-departmental functions 

There’s plenty of value to be found in ERP when it comes to optimizing processes and making incremental improvements. The software integrates cross-departmental functions and helps you quickly meet challenges as they arise.  

  • Real-time intelligence  

ERP systems are continuing to evolve and innovate. Next-generation ERP systems come equipped with impressive features and functionalities. From smarter automation to real-time reporting, the modern and robust ERP offers more agility, scalability, and innovation needed for businesses of all sizes.

  • Replenish stock with real-time requisitioning

The software helps to replenish stock by rendering critical insights. Further, it effortlessly manages your supply chain with material requirements planning and real-time purchase requisitioning. 

  • Get instant financial insights

With SAP Business One it is easier to automate accounts receivable and accounts payable. The software addresses financial and corporate reporting requirements with up-to-the-minute, forward-looking analytics. It also facilitates the team to check invoice status instantly instead of searching data from various streams and ledgers, saving a half-day of effort per query. 

Make Your Move towards digitization

Even the most established and entrenched business can become as successful and innovative as any other business. ERP implementation can be a complex and arduous process, but it’s achievable with the right planning, thoughtful strategy, and aligning with the right partner such as Uneecops. 

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About the author

Nidhi Batra

Nidhi Batra is a marketing and brand communication professional with 10 years of experience working in the dynamic B2B marketing environment. She strategizes, writes, reviews a variety of content for demand generation and sales support activities. Having a Master’s in English from Delhi University, she knows how to navigate her readers on insightful journeys with her SAP published blogs and thought leadership content.

Follow me on LinkedIn to stay updated on the latest industry trends & technology update

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