What are the advantages of a modern ERP solution?
17 June

What are the advantages of a modern ERP solution?

IT has developed rapidly with digitalisation. As a result, a lot has also changed in ERP software. Nevertheless, it is difficult to keep your system up to date. But you don't have to give up right away - because investing in a modern ERP solution is also worthwhile in the long term.

Versino Financial Suite for SAP Business One Finance

We can hardly imagine it today, but there was a time when everything was not connected, networked and in constant interaction. This also applies to the ERP systems. In their origins, software solutions saw and treated company divisions as individual parts. The result was that processes were separated from each other and therefore the results were not in any relation to each other, or at least were not set into one by the system.

Everything new, everything networked

This is where a modern ERP solution comes in, as it networks processes and thus optimises them. The results of such processes, such as key figures, can now also be put in relation to each other, which opens up new opportunities for the controlling creates. This increases transparency and productivity in equal measure.

Usability: the user becomes important

This has significantly changed the usefulness of ERP systems for companies. Whereas previously only individual areas were mapped in the software, today everything from task management to financial accounting everything can be mapped in one solution. As a result, ERP systems have become much more user-friendly, as many more people are working with the software. Users can quickly access all relevant data. Easy-to-understand dashboards provide clear information. A company benefits from a certain degree of standardisation of the Workflows and simplified data management, especially when several departments work together.

All-In-One with Add-On

Accordingly (as already mentioned), all areas of the company are networked with each other. CRM (Customer Relationship Management), FIBU (Financial Accounting), accounting and merchandise management can be possible sub-areas here. The range of functions in modern ERP systems is also increasing due to the interaction possibilities of the processes from the various areas. Software solutions (mainly from the standard area) can often also integrate further areas through add-ons. The interfaces-Development in this area is constantly progressing and makes data processing from a wide variety of sources possible.

Modern ERP means flexible ERP

It is this feature of modern ERP systems that makes an investment worthwhile in the long term, as it makes the software flexible. Depending on the provider, solutions can be put together almost on a modular basis and can also be customised in the future. These customisations are much more cost-effective than trying to upgrade a solution with individual programming. The system can always be customised to the needs of the company. This also makes a cloud-based service attractive for many, as the services can be utilised as required and from anywhere.

Either way, as an ERP user, you don't necessarily have to follow every trend and integrate every seemingly important chichi in the company solution, but you can still enjoy the benefits of modern software.

Would you like to know what your ERP system really needs? Ask us!

And/or read on here.

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