The Oakley ERP Blog

Create your 2015 ERP Strategy – It’s New Year’s Resolution time
Thursday December 4, 2014

As the countdown to Christmas and New Year are well underway and the office Christmas party times are upon us, the end of this year is closer than you might think. No doubt you are thinking about your budgets and investments for 2015, which is also the perfect time to think about how you can improve your business performance next year with an ERP solution.

Many of us are likely to have heard the term ERP before, but for those that haven’t it stands for Enterprise Resource Planning. An ERP system is more than accounting software, it brings together all of the resources of a business through one central system.  An ERP system delivers integrations for CRM, Accounts, and Business Intelligence.

No matter when your year end falls whether this is a calendar year, financial year or another time, the majority of us start to bring in the calendar year with a strategy to take your business forward. Why not include ERP? A good starting point when it comes to ERP is to consider the following questions.

  1. Are we able to keep control of our costs?
  2. Can we carry out Cash flow forecasting in our accounting solution or are we doing it manually?
  3. Are the lines of communication open between our departments?
  4. Within a few clicks on our computer can we submit financial reports for the board?
  5. Are we monitoring our KPI’s to make informed decisions?
  6. Can our sales team see the latest status of a key customer account?
  7. Are our industry software solutions connected to our accounts data?
  8. Do we need multiple account codes and segmentation in our Nominal Ledger?

If you are able to carry out a lot of these vital tasks in your current solution and you are happy, then an upgrade or switch to ERP may not be required.

However if your business is struggling with your existing solution to handle these important tasks, it is time for ERP.

We have put together a few articles with tips and guides to ERP projects; take a look over some of the topics:

Valuing ERP – the selection dilemma of cost vs functionality

Choosing between Cloud Based and On Premise ERP

Sage CRM – Make business decisions based on fact not fiction

Finally, If you take nothing else away from this blog, at least consider the following…

When it comes to ERP the first tip to consider is that bringing in an ERP system for the start of your new financial year while it makes logical sense, is not always the best achievable time as it is one of the busiest times of the year for your accounts team.

Oakley ERP is a leading Sage Business Partner around London and the South East, delivering Sage 200,Sage 300 ERP and Sage CRM solutions. We carry out full customer requirements analysis, implementation, training, hosting and support. Fore more information contact us on 01268 724005 or email sales@o-net.co.uk

Written by David Weaver at 00:00

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