Three Signs It’s Time to Change Your ERP Software
In tough economic times, it becomes tempting to sweat your
assets. But running an outdated ERP system may become more of a liability than
a saving in the long run.
These
are the top signs that indicate it’s time for new ERP software:
1.
Functionality gaps
If the software you’ve been using for
years starts becoming outdated, you will start noticing functionality gaps,
particularly when your business ventures into a new industry or embarks on new business
models. Many businesses may try to address these gaps by adding external
components to the system, or moving functionality outside the ERP system
altogether. In the long term, independent or patched systems will need to
interface and integrate to deliver optimal value, and ensuring that they do so
can prove complex and costly. Investing in an advanced new ERP system ensures
that all the functionality required by the business today is delivered in an
integrated solution capable of meeting the business’s changing strategic needs
over the next few years.
2. Updates
and upgrades
It is important to consider how well
your ERP vendor keeps you up to speed with advances. If you have had a system
in place for years and little or nothing new has been added to the product, you
need to be concerned. Technology and market trends constantly change, a fact
that mobile app developers are well aware of. For that reason, you’ll find
consumer apps being updated every four to six weeks, with a new version
released every few months.
This approach is impacting
development in the enterprise space as well, where businesses are beginning to
expect their solutions to keep up with changing technology developments.
Admittedly, ERP is significantly more complicated than a mobile app, but
updates and upgrades should be released at regular intervals to ensure that the
solution keeps delivering in a changing environment.
3. BI
and graphics
Older ERP systems typically do not
offer many built-in BI tools, allowing enterprises to analyze their data. ERP
systems have been notorious in the past for their lack of visual appeal, with
much of the available data displayed as text. However, in an app economy, users
expect more from solutions. Today’s business decision makers are exposed to mobile
apps that are attractive and intuitive, and want to enjoy the same experience
when using their enterprise systems. They want instant access and the power to
analyze their data using attractive, user-friendly interfaces. If your ERP
software does not deliver, it is time to upgrade.
So if you are in a similar situation
where you are lacking according to the market needs and somewhat your ERP
Software is outdated do check out our website http://fit.ae/ for more information about our Horizon’s ERP Solution.
You can also contact us at +971-4-3533-727
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