Is Your Business Ready for an Enterprise Resource Planning (ERP) System?

by | Apr 11, 2022

ERP systems are among the most popular types of business management software on the market. Most businesses start out using excel spreadsheets and manual data entry but as your company grows, it becomes exceedingly difficult to maintain track of all of your data. ERP platforms, such as Gold Agribusiness Management software, enable you to integrate all of your business information and procedures into a single system, resulting in streamlined operations and increased efficiency. However, knowing your company needs an ERP solution and implementing one are two entirely different things. Here are a few things to think about before choosing an ERP solution.

 

First Things First, Are You Ready?

Implementing an ERP system is a major and daunting change for a business who is reluctant to change the processes they’ve become familiar with. Their focus is on crossing the finish line and less so about implementing a culture of change. While many people focus on the changes that new technology brings, no ERP system can succeed without a team of people who are willing to embrace it. If the last few years taught businesses anything, it is that change is inevitable, and as your company grows and evolves, you must ensure that your employees are ready to do the same. By having an ERP system that evolves with you and keeps you competitive, you can embrace change and use it as a catalyst for success.

 

Is Your ERP System Provider an Expert in Your Field?

Implementing an ERP solution may be a challenging transition for any company, so working with a reputable and knowledgeable provider for your sector can make the process easier. You need to partner with the right individuals who will see the project through from start to finish while also understanding the unique aspects of your sector and individual business requirements. Since each industry is different, a one-size-fits-all solution is unlikely to provide you with all the functionality you need.

Primetics strive to understand your business, and with over 30 years of experience, we give specialised support to the animal feed, grain, malting, milling, seed, agrochemical, and commodities trading industries. We provide your company with the best chance of success by giving the specialist advice you require in such demanding and niche sectors. We understand the challenges that our customers face, and we do everything possible to make the process of adopting our ERP system as smooth as possible. This means that we can provide our customers with a course of action best suited to their business and industry as well as provide the necessary support they need.

 

Is The ERP Solution Beneficial To Your Individual Business Needs?

The market is saturated with ERP providers and selecting one that is best suited to your business is perhaps the most important step, and failure to do so may have major consequences for your company’s performance. You don’t want to be stuck with a system that is too big, too small, or incapable of handling the processes your company requires.

Each organisation is unique and has its own set of requirements, so ensuring that your ERP provider understands this is critical. We provide a configurable solution with additional ‘modules’ that provide further functionality in areas of the business that require it. These addons help streamline the complexities of your business processes by implementing workflows, enhancing document transmission across your organisation, and storing and accessing critical customer and prospect data, for example.

 

Do You Truly Understand The Costs and Timing of Implementing An ERP Solution?

Implementing a successful ERP system is no small investment for a business. Considering your budget is a pivotal step when deciding to implement one, as estimates indicate that 65% of ERP implementations go over budget. While one-size-fits-all systems may be less expensive, they do not provide the specialised characteristics required by your organisation in such complex industries. You don’t want to turn away new business due to technological bottlenecks caused by an ERP system crammed with features that aren’t relevant to your operations.

A question that often rivals “How much?” is “How long?”. Indeed, timing relies on a number of different factors such as company size, expected number of users, your specific needs, transferring from or integrating to other legacy systems and more importantly, whether or not the solution is specialised. The implementation of industry specialised ERP solutions, such as Gold, can be a lengthy one but for good reason. You want to ensure that the system you choose is specialised to your business and implementing such a solution into your existing operations isn’t, and shouldn’t be, a quick task. However, choosing a provider who truly understands your business and industry means that installation will be quicker and more seamless than a one-size-fits-all provider who does not.

Choosing and implementing an ERP system is no simple task, but it is essential for modern businesses looking to take control of their business data and achieve a competitive advantage. If you’d like to know more about the ERP solutions we offer to your industry, please do get in touch.

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