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At which stage SME needs an ERP System?

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It is important for companies to overcome the myth that, “ERP solutions are only for larger companies”. Any organization that is looking forward to manage their business operations through a centralized and integrated software, should adopt an ERP system without any hesitation. Companies also avoid ERP solution based on another myth and that is the pricing. However, Cloud ERP cuts down on IT infrastructure cost and the team to maintain the servers. Cloud ERP solution allows you to host data on third party servers without having you compromise with the security.


Also Read: 5 Benefits of using Cloud Based ERP Solutions


ERP solutions are applicable to almost all the industries listed below:

  1. Healthcare
  2. Hospitality
  3. Construction
  4. Food & Beverage
  5. Apparel
  6. Non-Profit Organizations
  7. Retail
  8. Manufacturing
  9. Automobile
  10. Packaging & Shipping

Apart from the industries listed above, major other industries can also use ERP software to manage their inventory, employees and customers.

So, whenever any company is looking to pin the information useful for multiple departments onto a single database and create reports from different business functionalities, it is advisable to implement ERP system for ease of operations and greater profit margins. Sage X3 is a comprehensive suite of advanced business intelligence tools designed to serve businesses across diverse industry verticals.

Because every company comes with its uniqueness, there is no thumb rule to state, “Now is the time you need an ERP software”. Yet, we have listed below a few factors that will help you decide why getting one is a viable option for you.

  1. Your Accounting Tasks Have Become Time-Sucking Manual Process: One sure shot reason you need to get an ERP software is if your accounts team is still dependent on the traditional pen and paper or excel sheets to validate the data. Sage X3 helps you get rid of the time-sucking manual accounting process by integrating both the back-end and front-end systems allowing the team to gain access to real-time data, freeing up their additional time.

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  1. Your Customer Support Is Getting Hampered: Imagine you have a great product and a dedicated team capable to handle all the customer related queries. Yet, the customer experience is a constant hurdle between your sales team’s performance and targets. If there is no proper information on the inventory, if available or not, or if the product is shipped or not, it will become difficult for your sales team to close the deals and the customer support team to delight the customers. But, with ERP software, you can have complete information on inventory tracking against invoice, pricing, orders, etc. The sales team can easily access the required information through a single dashboard that can be accessed anytime, from anywhere.
  1. Filing Tax Returns Becomes A Headache: The most important part any business needs to keep a bird’s eye on is the ever changing statutory regulations. One wrong move, and the whole company can fall into pieces. Sage X3 has a fully automated up-to-date feature that leverages companies with easy e-filing, TDS, GST etc.

 


Also Read: How Sage Software Helps You Manage GST E-Way Bills


  1. Managing Inventory Seems Difficult: A major challenge for upcoming companies is tracking and managing their up-scaling inventory levels. With the help of barcode scanning and RFIF tags, an ERP software will help you identify which products are stacked on the shelf and which are ready to be shipped. This offers a high level of precision and promises timely delivery throughout your scheduling and planning cycle.

Takeaway
It may be the right time for you to adopt an ERP software if your inventory management becomes difficult, customer experience gets hampered, staying up-to-date with statutory compliances becomes all about stacking loads of documents and account management becomes a headache. With Cloud ERP solution, companies can easily cut down on operational costs and increase their profit margins.

If you are looking for affordable ERP solution that will grow with your business, contact us here. You can also SMS SAGE to 56767 or write to us at sales@sagesoftware.co.in for a FREE demo or consultation.

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