With everything going digital, your business is no longer limited by distance or processing capacity. This can be great for your bottom line and stability, but without the proper hardware and software infrastructure in place, things can quickly spiral. Issues include losing or accidentally deleting documents, a higher likelihood of leaking sensitive information, and an increased chance of clerical errors. You may also find an unsustainable amount of your time dedicated to clerical work and reporting. Cloud ERP systems are great for automatically and accurately solving these complications.
Wondering if a cloud ERP system is right for you? Pay attention to these 7 key indicators:
1.) Your business is growing fast
One way to keep your business running smoothly is by establishing systems that scale. For example, is the onboarding of new employees a seamless process? New team members require orientation, training, and access to particular documents. With a cloud ERP system, much of this process is automated. Orientation and training videos, software, and documents are all accessible on a single remote server.
Another example of a scalable system is hard drive space. You may constantly find yourself buying bigger hard drives or deleting old files. With cloud ERP systems, the memory for documents automatically increases when needed.
2.) Monotonous tasks are eating up too much time
As your business grows, you’re required to track larger amounts of information. This includes tracking orders, filling out forms, and counting inventory, all of which can drain your time. On top of that, it’s increasingly more likely that errors will occur in these processes as they grow. A cloud ERP system can eliminate clerical errors and free up employees to spend time elsewhere. It can help you with everything from inventory processing and supply chain tracking to more accurate financial documentation.
3.) You need better document security
If you transition to a digital environment, you’re also more likely to experience a data breach. You don’t have to take our word for it, though. A study conducted by Purplesec found that cybercrime increased by 600% during the COVID-19 pandemic. Cloud ERP systems offer easy solutions for setting permissions and sharing documents. In addition, the programs we use are constantly updated with cutting-edge cybersecurity technology.
4.) Your workforce is transitioning to remote
This year, more than ever, it’s becoming the norm to work remotely. For some, this might mean fully remote work, while others work remotely only a few days a week. No matter where an employee happens to be on a given day, the key to successful remote work is to create a seamless workflow. Cloud ERP systems make all documents and software accessible from a single server. As long as an employee has a login, they can pick up from wherever they worked last.
5.) You want to better monitor analytics
Analytics can help inform your business decision-making, but producing those analytics is difficult. Cloud ERP systems can automatically collect and interpret your data. Pairing a cloud ERP system with business automation can form a unique synergy between automatic data gathering and analysis of that data. From these tools, you can easily interpret information and make better, more informed decisions.
6.) You’re creating a lot of reports
Whether it’s for clients or employees, reports are a great way to communicate and analyze business-related metrics. Creating reports involves multiple spreadsheets, modifying paragraphs, and manually pasting numbers. Cloud ERP systems can automatically create reports based on templates. Plus, these reports are easily customizable to include desired analytics. By streamlining the reporting process, you can save time and allow for a more complex, error-free analysis of metrics.
7.) Your IT department is overwhelmed
When software and documents are locally contained at each employee’s workstation, your IT team can find themselves working overtime trying to keep up with issues and updates. This may include diagnosing faulty software or having to manually update the software on each machine. Other issues may be hardware related, such as trying to recover corrupted data. Cloud ERP systems centralize software, only requiring a single update to get all employees in sync. On cloud servers, all data and documentation are accessible.
At Premier Computing, we’ve been implementing business solutions for more than 60 years. Contact us If you would like to learn more about how cloud ERP systems and business automation can benefit you and your company.