If your current ERP system is responding slower than before or working inefficiently, then it may be time to upgrade or change your ERP system to a new one. If you are having issues with your current processes and data, then starting fresh with up-to-date software can definitely help your business get back on track.
You should first analyse why you implemented the first ERP system. This will give you a clearer idea as to when and why you should upgrade your ERP technology. This can be a significant investment for small and medium-sized businesses. There is a general reluctance to delay upgrades because of the perceived inconvenience and cost. However, when it comes to your ERP system, failing to implement new advances can stall your company’s growth. ERP upgrades, therefore, ought to be seen as a valuable asset that ensures that you save money over the long term.
If you are like most business owners, you may have grown accustomed to your ERP’s little quirks. However, if those little quirks are preventing your company from satisfying more customers, perhaps you should consider an ERP upgrade to increase your business efficiency. Your ERP should, at a minimum, support your company’s growth.
Your ERP might be too old when any of the following apply:
Users may withdraw from the company that created the software if it has stopped supporting their version with new updates. While the product may still work for you on a day-to-day basis, this lack of incremental improvements is a sign it will soon be outdated. If you just bought new hardware, like a laptop, and cannot load the ERP, that’s a sure sign the technology you need to run your ERP is leaving it behind.
ERP by its nature should prevent duplication. However, perhaps a company merger or acquisition has left you with several versions of ERP. Your data should be in one place and be easily accessible by people with the right credentials across the organization. If you have to look in more than one place for whatever piece of information you need, it is time to upgrade.
The ERP is supposed to solve the data entry issue. For a number of reasons, you may be in a situation where you have to start from square one with your information. Remember, duplication is never something you want as it increases the possibility of errors and adds extra work.
These are vital to modern business and likely a reason you switched to your upgraded version of ERP from your previous IT system in the first place.
FactsERP can help you to upgrade your old ERP or multiple systems into a full-fledged ERP software to streamline all your business processes.
You can connect with us here or call at +971 558 993 902/+971 4 3529915 to request for a free demo on how to take the next leap in your business management.