What can a modern ERP System do for your business – Part iII
In Part I and Part II, we outlined and discussed:
- The reasons to adopt a modern ERP
- Gaining the capacity to grow your business with more internal efficiencies and
- Better-informed decision making due to integration across your entire operation.
Now let’s take a look at reducing IT complexity and managing the cost to roll out a new solution.
REDUCE IT COMPLEXITY
Modern enterprise management solutions were built to provide functionality, security, and scalability at a fraction of the cost and complexity of legacy ERP systems. And with the benefits of both native and hybrid cloud computing, managing the infrastructure required to support these systems, both today and in the future, is easier than ever.
Another important benefit is automated data management. There is no longer a need to fear previously cumbersome and time-consuming heavy lifting to consolidate or migrate data. The right vendor with the right enterprise management solution will provide the tools and services to move data seamlessly, and since business functions are well-integrated, the requirement to migrate data is significantly reduced.
THE RIGHT PRICING MODEL
Subscription pricing for modern ERP gives business leaders more flexibility. A pricing model that matches costs to actual consumption can eliminate the need to purchase for anticipated need rather than today’s requirements, and most certainly gives finance leaders greater ability to manage the balance sheet as costs shift from CapEx to OpEx.
Finally, a modern ERP with a high degree of configurability and a robust partner ecosystem minimizes the need for custom development, speeding time to solution. As additional capabilities are required, gaining that feature can be as simple as flipping a switch or making a simple configuration change. In other cases, ISV capabilities can be activated quickly and easily through cloud connectivity.
In short, reducing IT complexity reduces costs and frees up resources, enabling businesses to focus on higher value and more strategic activities.
ARE YOU READY TO ENJOY THE BENEFITS OF MODERN ERP?
Businesses of all sizes prefer to implement modern ERP systems because they need improvement in internal business processes and overall business performance. They want systems that will support innovation and growth. They also want to reduce labor costs, IT expenses and improve interactions between staff and companies.
Now is the time to consider and plan your move to a modern ERP system – contact us today to get started.