With the expansion of enterprise resource planning software into the small and mid size market, more and more small businesses are opting to implement ERP software. The ERP implementation process generally starts with human resources management software, accounting software, and financial management software modules, then continues further into the organization’s distribution and manufacturing operations.
Companies often select different functional specific solutions from different software vendors to solve their short-term problem. Thus, they do not have one integrated solution to cover their full business needs. As companies grow, the different systems, from different vendors, become inadequate to meet the business requirements and transform into “multiple versions of the truth”. This produces informational inconsistencies and degrades the benefits the software packages provided at purchase.
Common Issues Produced by the Co-Existence of Multiple Software Systems
- Inconsistent information across departments
- Different versions of revenue from sales and financial department
- Confusion by separate databases from accounting, contact centers or other departments
- Redundant paper work and keying of information
In today’s dynamic and fully competitive marketplace, business software is designed to make business processes easier and operations much more efficient. If this is truly the case, then why do companies still find that they are in operational pain after installing all of the software systems? The original benefits that those systems bring tend to fade away after the company grows. At the same time, the increasing number of software systems becomes a burden to the IT department and the company itself. The lack of integration produces issues that begin to appear more and more prevalent and the need for a new system arises again.
The goal of ERP software is to operate multiple departments as a single, cohesive unit. ERP software allows small businesses and growing company to achieve this goal by maintaining one comprehensive ERP system. Panorama’s ERP consultants review an organization’s business needs and help location and implement an ERP software that fits the entire business’ requirements and helps provide a solid foundation for operational success and growth for years to come.
Blog entry written by Tiffany Chen, an ERP Consultant at Panorama Consulting Group.