24 May 5 reasons to update your ERP system
Debating whether you should upgrade your ERP system?
Businesses often spend considerable time internally debating whether or not they should update their ERP system to the latest version, with many unsure just how they can tell whether the time is right or not to sanction an upgrade.
Many companies that buy an Enterprise Resource Planning (ERP) software system are ecstatic to finally have the answer to optimizing the company’s potential. So much so, that they forget no system is perfect, and the system they are using right now may not be enough in the future. This is where an upgrade comes in. It is essentially improvements that an ERP vendor makes to the system, including both back and front end.
Selecting and implementing a new ERP system is no small endeavor; however, it can yield vast results in the right situation. A few reasons to consider an upgrade include:
1. Improved Reliability
Nothing causes software to crash, perform slowly, or require more attention than the use of outdated technology. Given how critical the use of an ERP is for your business, it is not worth taking a risk in this regard. Also, nothing makes employees more frustrated than slow, inconsistent connections that delays their ability to do their job.
2. Lower IT costs
Although an upgrade of your ERP system is an investment, it can also lower your overall IT costs in the end. You let go of outdated technology that fails from time to time, your performance goes up, you improve on your processes and productivity and you get one integrated complete solution.
You can do a simple ROI check for your organization. Calculate yourself how much you expect to benefit from the new system directly and indirectly, and compare this to the investment, monetary and in resources.
3. Better integration in company
If your organization uses more than ten different software applications across all departments, you are not an exception. Some of these stand-alone solutions can easily be replaced by one ERP system. It ultimately leads to more cohesion and better cooperation throughout the company. Sales knows what rental is doing, administration knows what is going on at service, etc.
4. Ideal Security
Keeping up to date with the latest technology so you can avoid the headaches and unnecessary use of excess malware and spyware tools, which would be needed as your system gets much more vulnerable as it ages and becomes unsupported.
5. Better integration to other software
A better integration between ERP and other software applications can bring great benefits. Think for instance about the integration with a field service solution, a CRM application, a web portal or the systems of your suppliers, customers and partners. It will make daily operations much easier.