The race for business success is a road filled with both rewards and potential pitfalls. Constantly striving for improvement is the backbone of business and commerce, but whether we can achieve that is often down to the tools at our disposal.
The insurance industry in general is a paper heavy environment. Countless administration tasks, forms and contracts mean data accumulation can easily reach breaking point, fast. An ERP (Enterprise Resource Planning) system is a solution designed specifically for making these tasks (and many more) as efficient as possible. If you work within the insurance sector and feel you need a system that can help you streamline your processes, then read the following benefits of implementing an ERP system in the insurance sector.
An ERP (Enterprise Resource Planning) system is a vital piece of software that helps businesses streamline their processes and remain ahead of the curve against competitors. You may already have an ERP system implemented within your organisation but are starting to question the effectiveness of your current set up. Costs may be running higher than anticipated, your competitors are gaining ground on your business or the system is incapable of managing the needs of your expanding organisation. Whatever the reasoning it's always a good idea to reassess your systems and their effectiveness to find out what isn't working for you and your business. Here are five reasons you should be considering replacing or upgrading your current ERP system:
Whatever your job role, whatever your industry, Sage offers ERP solutions to fit all business needs. Whether it's collating customer data through a CRM, tracking and processing sales orders, or analysing key financial metrics, Sage has the tools to streamline your business processes.
Businesses have many driving factors in deciding whether to implement a new ERP (Enterprise Resource Planning) system, often sharing the same wish lists and requirements with other organisations. Streamlining business processes, increasing revenue and driving forward growth against market competitors are key targets to attain.
The manufacturing industry is a hugely competitive market, and it’s continuing to grow year after year. One of the ways that organisations have been able to keep up with the changing landscape is ERP (Enterprise Resource Planning).
There is a buzz around ERP development in 2018, with the landscape changing and growing more than ever before. Business owners, CFO’s, Finance Managers, Project Managers, Account Managers… anyone involved in these areas will be aware of the importance of having an ERP system in place in their business. Not only do organisations rely on ERP systems for efficient business management, but they also provide an edge over their competitors by improving the way they operate and service their client base. So how is ERP Software going to dominate in 2018?
If you exchange in client data of any kind you may already be aware of the impending GDPR (General Data Protection Regulation) that comes into effect later this year. If not, this blog will explain a little about what to expect of this change in data regulation and how important having an ERP Solution is in helping your business become fully compliant before the May 25th deadline.
Most business owners and entrepreneurs will find themselves analysing their progress in the run-up to Christmas. Organisations typically use the festive period to assess their performance from the last 12 months. It’s a time for reflection and assessing your wins and losses, but it’s also a time to look forward and plan for 2018.
Christmas can strike either joy or apprehension into the hearts of business owners. Many rely on this time of year to generate their highest volumes of sales, so they will look forward to this short yet important period of high activity. However, managing this huge increase in orders and completing the sales cycle quickly and efficiently remains a challenge for many companies (even those who think they already have an efficient data management system in place).
Even though today’s innovative ERP solutions offer unrivalled functionality and flexibility, deploying a new system within your company is still a significant undertaking and what can sometimes seem a very scary task. There’s a lot to consider, which is why we’ve put together this useful guide to implementing your ERP system.
For small businesses, both CRM and ERP systems share many similar aspects, often leading to confusion when weighing up both options. In this post we look at the pros and cons of both to help you decide which is the right choice for your business.