FREE GUIDE: ERP BUYING IS EASY IF YOU DO IT SMART
Are you ready to demystify the ERP buying process? If so, you’ve come to the right place. Based on over 25 years’ experience, our experts share their top tips for a successful selection process and compare the top four options side-by-side, including Dynamics GP, Acumatica cloud ERP, NetSuite and Intacct.
Enterprise Resource Planning (ERP)
Are you wondering, “what does ERP stand for?” ERP is an abbreviation for Enterprise Resource Planning. When talking about a computer system, it refers to a program linked to a central database. Its goal is to simplify business processes, such as inventory/order handling, accounting, HR and project management, and improve communication among departments.
ERP business solutions give users a detailed view of what’s happening inside a business. Real time reports answer questions like:
- How much are we product are we making?
- How much inventory do we have?
- How many orders are awaiting shipment?
Most ERP business solutions are modular, meaning that there is a section (module) that contains all the functions for each department. For example, finance, HR or manufacturing. In the past, most workers would only be given access to the module that matched their role. But, with today’s modern, cloud ERPs there’s been a shift towards giving users access to the whole system for improved communication and teamwork.
Signs Your Business Needs an ERP
Important data is stored in several places, making it hard to find the information you need.
You are having trouble keeping up with demand even though you’ve added staff.
You are constantly reentering data into various systems.
Your current data gives an incomplete picture of the business.
You are using historical reports to make decisions, instead of real time information.
ERP Buying is Easy if You Do It Smart!
With this easy to follow ERP buying guide, you’ll go from “I don’t know where to begin” to “I found the ERP for me.”
We offer many ERP business solutions for small and medium sized businesses.
Acumatica Cloud-Based ERP
Microsoft Dynamics GP
Automate and streamline your business’ finances with this full featured software. Its robust abilities include financial management, distribution, project accounting, HR management, manufacturing, business analytics and field service management. This popular ERP can be installed on your own server, a combination of both. And, if your business has unique needs, our experienced consultants can customize Dynamics GP for you.
Microsoft Dynamics SL
If your organization is focused on distribution or is project driven, Dynamics SL is a complete ERP/accounting package that can help modernize processes, connect project management and accounting across divisions or locations and deliver actionable insight. Whether you simply need basic finance and distribution capabilities, or you have more advanced needs that include project management, supply chain management, or manufacturing, Microsoft Dynamics SL can be tailored to suit your specific needs.
Our Latest ERP Buying Advice
The entire point of going with an ERP solution is to get a holistic solution for your business. ERP software designed for food and beverage manufacturing can aid with industry specifics like inventory and food regulations. It can also bring a lot to other areas of your business. Keep an eye out for solutions that offer a truly holistic approach. Consider how transformative ERP can be across your entire company.
ERP within the service-centric space becomes more nuanced, but it brings as much value and insight as it would in any other niche. In fact, service-centric businesses are increasingly turning to ERP to increase productivity and streamline delivery of services, whether those involve consultancy or media.
Acumatica came in at the top of the list, garnering a relationship index score of 8.88. This overall relationship score placed it well beyond other top 10 finishers and 16 points above the average across the survey. In terms of relationship data, Acumatica delivered high numbers again, earning an 89 percent in comparison to a 79% average across other companies in the survey.
Not Sure Which ERP Solution is Right For Your Organization?
With over 30 years’ experience helping small and medium-sized businesses make the most of their accounting/business management systems, Intelligent Technologies can help you explore your ERP options, document your challenges, choose, and implement the right ERP solution for your business.