Enterprise Resource Planning (ERP) is the unification of various resources in an organisation or business in a single computer system that meets the demands of the various departments. Its benefits include better interconnectivity and communication between departments and smoother start-to-finish operations.
ERP systems have become a way to support and speed up the whole process of the supply chain cycle.
Most ERP systems have been implemented on premise. Traditional ERP systems provide various benefits such as a mature system functionality and abilities of greater customisation and integration. But in the past decade, other software applications have shifted to cloud computing that has become one of the fastest growing IT segments.
ERP systems offer enormous benefits – higher productivity, reduced operating costs and flow of information and improved performance management. But it is important to upgrade the ERP system when it doesn’t effectively communicate with other systems, or it creates dual data entry processes and a disconnect in an otherwise effective work flow. In addition to integrated systems ERP software needs to cooperate with current browsers, platforms, and modern protocols.
End-of-life or end-of-support means the software has reached the end of its useful life and that updates and patches will no longer be released. Initially one won’t notice a change when EOL has been reached; it will keep working in the same way for a short time, but will face problems in due course.
By sticking to legacy software one can miss out on cutting-edge features and new levels of functionally. If a business sticks to outdated software, its competitors that are upgrading and using the newest features will gain a competitive edge in the market.
As a business grows, the number of users, processes, and number of contracts also grows. To help manage one’s business and customer relations one needs to consider implementing adequate CRM software that can grow with one’s needs and the business.
An effective and modern ERP system is a powerful tool that can help businesses operate in the competitive market. It is necessary when looking for an upgrade to discover the best product for one’s company, because this is a resource meant to increase productivity, not cause confusion, taking into consideration one’s business requirements.
While it can be somewhat tricky to determine when to upgrade one’s software, red flags will greatly influence the decision. ERP software was created to make a business run more smoothly and effectively, so businesses should not hold on to outdated programmes just because they feel comfortable working with them. Those that take the jump, and take educated risks will reap the rewards of efficiency.
The Eyesel Business Suite is designed to help businesses gain a competitive advantage in one’s industry. Developed on the powerful Microsoft SQL technology and based on the best business practices, one will find that EBS is a flexible, user-friendly and functionality rich ERP system.
For more information, visit http://isl.com.mt/products/ebs/ or e-mail comm_sales@isl.com.mt.