The Business Case for Integrated ERP
ERP software (Financial, Inventory, Production and Human Resource Management) is in the middle of a fundamental and profound paradigm shift that is affecting companies of all sizes, from the Global 1000 through small and medium sized business—no one is immune. Organizations that embrace and exploit these sweeping changes will be poised to dramatically lower costs, increase customer satisfaction, and save the most precious commodity of all—time. Those companies that fail to adapt will be left behind, unable to compete in a world of lower cost alternatives with better customer service and higher customer loyalty.
Far too many companies today still use ERP software in a ‘Closed System’ environment. That is, their ERP software is only able to accept inputs from people—it is unable to talk to other applications and systems that contain data relevant to key business processes. This may take the form of reports that are printed out from an external billing or point of sale system and hand keyed into the accounting system. It might also be the payroll entries that get manually entered twice per month, or the inventory adjustments that are made daily to account for production. The status quo won’t scale, isn’t repeatable, and isn’t sustainable.
If you are concerned about the impact of these changes on your business or your competitive marketplace, you must read this white paper that I wrote with Peter Chase, Executive Vice President of Scribe Software Corporation entitled, “The Business Case for Integrated ERP: Reduce Costs & Increase Revenue with a Connected Back Office”. It will provide you with some clear examples as to why integrating your business applications is something you cannot put off for one more day.