Management

The impact of an ERP on a company

August 07, 2019

Discover the impact an ERP has on an organisation.

An ERP (Enterprise Resource Planning) is one of the fundamental systems of any company, regardless of its structure or size. It is also software that delivers multiple benefits, which are noticeable from the moment it is implemented. According to a study by Panorama Consulting, 95% of companies experienced significant improvements in their processes after implementing an ERP system. However, implementing this system is not enough on its own for the improvements to be felt. You need to choose the ERP best suited to the needs and challenges of the business, and carefully plan the implementation process and the following steps once the ERP is up and running.

Selection, implementation and post-implementation: The steps to success

First of all, managers need to carry out a survey of the company's needs. At this point, it is essential to consider all the technical requirements and objectives the organisation wants to achieve by implementing the software. It is therefore vital that several of the company's departments are involved at this stage, in order to obtain as much feedback as possible from each one.

Choosing the company that will implement the ERP is also very important. It is essential that there is good synergy between the two parties and that the partner is trustworthy and competent. At this stage, good communication between both parties is crucial.

After implementation, communication between the company and the integration partner should continue so that all the monitoring, support and technical adjustments can be carried out.

4 Impacts of an ERP that change a company's routine for the better

  1. Process optimisation

Implementing an ERP means that all of the company's information is brought together in a single place. By cross-referencing data from different departments, it becomes possible to avoid errors and duplication of work.

  1. Holistic management

Typically, an ERP is divided into several independent modules, each dedicated to a department of the company, which interact with each other. Within each module, different user levels and levels of access to information can be defined. However, the company's leaders can access data from all departments, which gives them an overview of their organisation and helps with decision-making.

  1. Analyses and reports

Data analysis is increasingly important for companies. Organisations that organise, process and analyse their data better tend to be better prepared for possible market changes and become more flexible.

Which is the best ERP for my company?

Openlimits is a partner of some of the leading ERP vendors on the market, namely Primavera, F3M, Sage and Eticadata. Contact us to find out which ERP is best suited to the needs and challenges of your business.

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