HOW ERP (ENTERPRISE RESOURCE PLANNING) SOFTWARE CAN INCREASE PROFITABILITY FOR EVERY BUSINESS

Feb 16, 2022 – In this article, we will look at how enterprise resource planning (ERP) software, a powerful modern business management tool, can elevate your business from stagnation to profitable growth.

Traditional ways of operating a business often result in complexity. As a result, management processes such as invoicing, time management, payroll, and accounts each create their own data streams. Usually, there are a lot of manual steps and paperwork involved in each process.

When the business starts to expand, profitability may not grow accordingly. This is because of inefficiency caused by separate data stores and manual ways of operating.  The slowest performing division can hinder your rate of growth.

One solution that allows businesses to emerge from this traditional way of operating is to integrate management processes onto one single software platform that allows the free flow of data and clear data communication between divisions of the business.

Over time, this transformation can be brought about with the introduction of Enterprise Resource Planning (ERP) software. This will result in your business being run on a single centralised software platform; it is no longer a conglomerate of separate individual business units.

ERP brings about increases in efficiency because

• It interconnects key workflows,
• Information and data flow seamlessly within and between departments, and
• You can monitor KPIs instantaneously, giving management flexibility to make timely dynamic changes.

The result is a more efficient, cost effective and competitive business AND an improved customer experience for your customers

Can ERP really do all this for your business?

The answer is Yes!

Here at MCS we focus on developing customised ERP InTegrated Solutions to meet the needs of all types of businesses.

An ERP system implementation project takes place in precise steps.  Each step involves close collaboration between key stakeholders in your company and the ERP provider.  For our MCS customers, the first step on the road to this solution is a Business Process Review (BPR)

The MCS team has implemented ERP software solutions in both product-based and service-based businesses (i.e., product-based businesses that produce, sell, and stock a vast array of products across multiple locations and service-based businesses that offer maintenance and repair services and solutions to their customers).

So, regardless of the size or complexity of your organisation, MCS can tailor a flexible ERP solution for your business.

Written by Sarah O’Connell

To find out more about how your business can become more efficient and profitable with a tailored ERP solution call us now @ 01 4507846

Alternatively, drop us an email here and we will gladly discuss any concerns you may have regarding implementing major changes to your current processes.