More efficient operations management
Managing operations efficiently is the foundation of successful competition. In order to operate efficiently, the different business functions need to anticipate the future: purchases, for example, need to be based on sales, because otherwise either the working capital increases or the security of supply weakens. Because the different business functions are codependent, information should pass through the organization in real time and as smoothly as possible.
Make better decisions based on accurate and real-time information
A successful business needs reliable and real-time information as the basis for decision-making. However, often businesses have to make decisions based on insufficient information. Critical data is typically either not available or its production takes up an unreasonable amount of resources, which is often due to either data having been scattered into multiple separate systems or discrepancies between the company’s information systems and reality.
Smooth co-operation with an honest partner
Fears of failure are often associated with ERP projects. According to common beliefs, implementation projects getting completed on schedule and budget is next to impossible. While ERP projects are often complicated and include risks, succeeding is entirely possible and even likely when enough time and human capital are used in the planning. The partner’s openness and honesty towards the client are also key factors. An honest partner only offers solutions for which the benefits are greater than the costs.