A big part of the challenge for any enterprise trying to construct and calibrate the right kind of IT infrastructure is determining which tools are appropriate for their size and industry. Every tech sales professionals will try to sell you on the benefits of a new application. But the simple fact is that some have limited or nonexistent utility outside of a narrow range of companies.
ERP has become a gold-standard piece of business IT because its utility is so universal. In any enterprise and any industry, ERP has proven to be an indispensable tool with a transformative effect. If you are on the fence about whether to move forward with an implementation, Corning Data recommends considering the kinds of applications you can take advantage no matter what your mission or strategy entails:
Share Data Across Departments
More than anything else, this is the feature that gives ERP such broad value. Even the smallest companies have data that is trapped on one computer or isolated to a single department. And in larger enterprises, the limitations of sharing data can cause serious setbacks and mistakes. No matter where or how it is implemented, ERP is designed to bring all data together onto a single shared platform. That way anyone and everyone who needs to consult it has immediate access. It may sound like a minor capability, but just consider how much confusion and inefficiency could be resolved if no one had to go hunting for a figure or file.
Streamline IT Management
You probably expend a huge amount of resources in order to manage and monitor your IT according to best practices. But all of this energy is spent simply to maintain the status quo and keep you from slipping behind. When you rely on cloud ERP resources to handle much of your data management burden, the most time and labor-intensive tasks your IT team handles are outsourced to a dedicated team of professionals. As a result, your IT is managed more effectively and efficiently. Plus, you can redirect your IT team to focus on ambitious initiatives and revenue-generating opportunities rather than working on endless updates and patches.
Create Sound Strategies
Operating according to a short-, medium-, and long-term strategy is essential for any enterprise. Unfortunately, many companies base decisions both major and minor on an incomplete consideration of the facts filled in by assumptions and wishful thinking. Obviously, this is a risky way to chart the course of the company. But when data exists in countless disparate locations, it’s hard to get the top-down, big-picture perspective that decision makers need. ERP puts all of this information in one place and displays updates in real time. That way strategies can be built around a full accounting of the facts, seizing on every opportunity, avoiding every obstacle, and operating according to reality.
In the business climate of 2017 and beyond, there is not a single enterprise that can claim that mobility is not important. Even if you do not have an army of remote workers or a sales team operating in the field, you likely have team members who put in some work on nights or weekends, or travel on occasion to meet with a client. Once your data is integrated onto the shared platform of an ERP, it is easy for everyone to access everything from everywhere. Productivity does not have to stop at the end of the work day or be confined within the walls of the office.
These are some of the highlights, but this list of exciting ERP applications is far from complete. Plus, the adaptability of the best ERP solutions makes it easy for enterprises to perfectly align their wants and needs with the capability of their new IT. That is why companies of all stripes have come to consider ERP a total necessity.