Modern enterprise resource planning (ERP) software is designed to use a single system of integrated applications to manage the many functions and processes of the business. But how can your unique business benefit from something like this? Modern ERP solutions are used by businesses that are looking for a more integrated, centralized management system. Organizations that have to manage a lot of staff, inventory, or customers could all benefit from an ERP. For this reason, modern ERPs are used by a number of very different industries, including healthcare, construction, nonprofits, and even hospitality.
Acumatica is the fastest-growing provider of Cloud-based ERP for small and mid-sized businesses (SMB). When it comes to choosing a contemporary ERP, here are 5 ways that Acumatica can transform and update your operations.
There are some tasks that you have come to expect will take a significant amount of time. Tasks like generating reports, tracking timesheets, and monitoring payroll are necessary but time-consuming. They also tend to bring down employee morale. Acumatica has apps designed to simplify each of these processes, and in doing so they can save you time. In some cases, these tasks can even be automated. This frees up valuable employee time and increases your organization’s productivity, efficiency, and profitability.
Another benefit of Acumatica is the ability to go mobile. All of the apps can be used on mobile devices anywhere you have an internet connection and, because the ERP is Cloud-based, your data will always be there when you need it. This enables you to stay connected to the office no matter where you are. If employees are working in the field they will still have immediate access to whatever they need. Even if you don’t work in the field, mobility is definitely still a huge benefit. It allows you to check in while traveling, while in line at the bank, or while taking a meeting down the hall from your office.
Related reading: An introduction to the management suites of Acumatica
One of the most frustrating and time-consuming requirements for any manager is the process of compiling regular reports. Waiting for people to turn in their monthly numbers, or attempting to pull data from numerous sources can be frustrating and slow. Acumatica records and stores all your data as it’s entered and lives in the Acumatica ERP suite of apps. This means that when it’s time to pull a report, you can do so in real-time without having to go to a lot of different sources. Acumatica reporting also allows you to schedule reports ahead of time, and to customize your reports to the specifications you need.
Acumatica ERP also offers a lot of extras, with great features like the ability to customize reports with your logo, the option to customize reports based on roles, and a host of choices for exporting and sharing reports with others. This allows you to use these features in the way you want and take your reporting to a whole new level.
Simplified inventory management
A major challenge for growing companies of all kinds is tracking and monitoring inventory. Acumatica tracks inventory in real-time, improving customer service and profitability. Inventory is tracked easily through the system, from purchase to stock, to sale. CRM integration enables you to convert sales opportunities into sales orders without having to re-enter pricing and other information. Inventory replenishment recommendations, based on historical analysis, help to minimize costs and unnecessary inventory. Details like these contribute to the streamlined operations that Acumatica offers, and also lends itself to improved customer service.
Related reading: 5 signs you need an ERP system
Improved human resource management
Anyone who has ever started a new job knows how complicated human resources can be. There are numerous forms associated with each employee – from tax forms to payroll, job applications to job offers – and every year there are updates and new forms to be added. Acumatica’s modern ERP has a human resources management system that provides all the tools you need to manage and maintain company-wide employee data. Data can be entered and managed in real-time, without the need for duplications. Acumatica understands how sensitive HR data can be, so you the option to grant different permissions and access level to people based on their role. That means that people only have access to the areas of the system that are relevant to them.
Improved productivity, faster analytics, simplified inventory management, and improved human resource management are just a few of the ways that Acumatica will bring your business into the future. What it all really boils down to, though, is the ability to streamline your operations. When you are able to go to one place to do everything that you need to do for your business you save time, money, energy, and reduce stress. This makes things easier and more efficient for you and for your employees. And, just like other Cloud services, Acumatica is scalable and customizable to your individual business and needs so you don’t have to get more than you really need.