Explore ERP Advantages & Disadvantages - PowerPoint PPT Presentation

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Explore ERP Advantages & Disadvantages

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Want to explore the advantages and disadvantages of ERP next? Custom-built ERP brings efficiency to the overall business operation. Want to know more? Check this and get insights!  – PowerPoint PPT presentation

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Title: Explore ERP Advantages & Disadvantages


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Increased Efficiency
Increased Efficiency
  • ERP automates the day-to-business operation of an
    organization and turns these routine functions
    more efficient.
  • The team gets more time to focus on the
    revenue-driving task like innovation, research,
    forecasting, and so on.
  • These efforts lead to more efficiency, shorter
    lead time, a responsive supply chain, and more.
  • As a part of the advantages and disadvantages of
    ERPnext- it allows businesses to achieve overall
    growth.

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Improved Collaboration
  • ERP boosts engagement, communication, and
    collaboration between teams and across the
    different levels of an organization.
  • Employees get operational details whenever they
    access that with the help of an ERP system.
  • Real-time updates on an on-going project to track
    real-time status-ERP system ensure the smooth
    running of the workflows system and save cost.
  • The external parties also stay updated.

4
Real-time Data Enhanced Reporting
  • ERP systems make all the components of an
    organisation able to store, collect, and the data
    easily, as ERP is a data hub.
  • As a centralized data hub, ERP provides real-time
    information and furnishes reports to the
    management.
  • It helps management to take more strategic
    decisions.
  • All the parts of an organization become more
    confident to think innovatively - improve the
    overall operation-advantages and disadvantages of
    ERPnext.

5
Better Customer Service
  • ERP system store customers data centrally and
    ensure departments can access it timely.
  • Customers receive better service since it
    improves collaboration and reduces response time.
  • Customers want on-time delivery and quick
    response, which ERP helps a customer service
    department to ensure.
  • The sales and marketing department conducts more
    customer-focused campaigns effectively and builds
    a loyal customer base.

6
Upfront Costs
  • ERP has a high upfront cost.
  • Starting from installation. Implementation,
    maintenance to training- in terms of all these
    aspects ERP is expensive.
  • To avoid these disadvantages- choose a cloud ERP
    solution only to get benefited from the
    advantages of ERP.
  • Cloud-based ERP solution has less implementation,
    gradation, and maintenance charge.
  • It leads to long-term cost savings also.

7
Training
  • Only good training ensures the efficient running
    of the ERP system.
  • That is why owners have to conduct training
    sessions for their staff to operate all the
    features of the ERP software.
  • Investment in ERP training sessions for the IT
    staff and the other staff is required.
  • Proper training make sure the efficient running
    and utilization of all the available ERP
    resources at their full capacity!

8
Buy-in
  • Changing new technologies or upgrading according
    to the newly added services in the existing ERP
    system is a complex thing.
  • Adopting new technologies with ERP is
    time-consuming.
  • Making the new employees learn the new up
    gradation and upgrading new features is difficult
    when you use implement ERP software through
    buy-in.
  • Prefer customized cloud-based features in-built
    features than opting for the buy-in.

9
Customization
  • Realize your business goal, and need before
    opting out to implement the ERP system.
  • Prefer customized features to adjust the whole
    software to bring efficiency in the way you want.
  • Take time to understand the advantages and
    disadvantages of ERPnext before you decide to
    invest.
  • Make prudent use of ERP as ERP will be a sound
    investment when it is done by knowledgeable
    business owners.

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