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:
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.
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.
We are now only two years away from the FMD (Falsified Medical Directive) coming into force in the UK. In the US, in accordance with the Drug Supply Chain Security Act (DSCSA) the deadline is November 2017. This means that all manufactures of drugs are required to mark packs with a product identifier, serial number, lot number and date of expiration.
Here at Oakley ERP, our primary aim is to help growing businesses from all industries to streamline their business processes, increase productivity, and with this, increase profitability. This all seems very simple when written in a sentence, but how difficult is it to achieve these objectives?