Effective financial reporting is not just a regulatory requirement but a strategic imperative. Financial reporting with ERP uncovers insights to improve overall business performance. In today’s rapidly evolving business landscape, data is the lifeblood of any organization. Read More “Unlocking Financial Insights: A Comprehensive Guide to Setting Up Financial Reporting with ERP”
A custom ERP is uniquely tailored for your organisation to help your company run its business functions using technology and automation. As businesses reinvent themselves with new business models and technology-driven processes, a custom ERP has become the requisite need. Read More “5 Ways a Custom ERP Can Run Your Business”
An ERP report by Panorama Consulting revealed that after ERP implementation, 49% of organisations said they improved all business processes. Only 5% of businesses said they did not improve business processes. An integrated software for running a company is becoming a basic necessity in the digital age today. Read More “How to Determine if Your Business Needs an ERP Software”
As per computer weekly report, ERP and CRM remain as the strongest types of business applications, with 53% of businesses naming these as priority investments. ERP software implementation can be complex due to costs, time and customisations. The average cost of implementing traditional SAP ERP, Oracle or Infor etc ranges in millions of dollars & average implementation of over 15 months. But the SaaS ERP alternatives are preferred by businesses today due to cost, time & flexibility of implementation.
Enterprise resource planning software is an integral need for business today. This infographic illustrates how an ERP software can make business management seamless with automation of the key functionalities. Kreyon Systems is an ERP software company providing ERP implementation with automation of sales management, employee management, HR & payroll software, CRM, accounting, quotations, invoicing, orders, material management, project management, inventory automation, document management & custom modules. If you need any assistance, please contact us.
Implementation of ERP is known to be time consuming and requires considerable investment and commitment for the company. Unexpected costs and expenses are also common, in fact, according to the report released by the Panorama Consulting Service, almost 54% of the implementations usually take longer than expected and most of these implementations are often costly. These negative factors can be avoided by creating a clear organizational strategy for the company’s ERP implementation. This can be reversed through proper implementation processes which are composed of strong planning, support and delivery of training to employees.