The coronavirus pandemic has impacted businesses in various ways, causing them to implement strict adherence to health protocols, workplace safety, and remote work settings. In response to these changes, enterprise resource planning (ERP) solutions have also evolved significantly. ERP is now more valuable than ever before as it streamlines various business workflows and functions critical to sales, finance, human resources, and supply chain management. For those who may not know what ERP implementation is, this guide provides a quick breakdown of what they need to know.
Today, companies using ERP solutions face unique challenges along the way. In most cases, it relates to resources, financing, and required daily adjustments. With the global market trying to adjust to a post-pandemic world, anticipating changes in demand is now a new challenge while still achieving business goals. Proper planning is crucial for successful outcomes, and even the most effective ERP solutions will only translate to losses without it.
ERP solutions have undergone several changes in the face of evolving challenges and demands. These changes include cloud technology playing a bigger role, the need to support remote work, personalized solutions with artificial intelligence (AI) and machine learning (ML), and mobile ERP.
Cloud software has given ERP solutions a new dimension of utility as it provides built-in remote management scalable to specific company needs. With cloud ERP solutions, remote employees have convenient access to the tools they need for their tasks while minimizing operational costs. Furthermore, cloud ERP providers now offer sophisticated cybersecurity systems to protect businesses from evolving digital threats, making digital data more integral to modern workplaces.
Remote work settings have become increasingly prevalent since the onset of the pandemic, and with proper ERP implementation, maintaining a remote work system can be much easier. An ERP solution allows for convenient access to data, seamless collaboration and communication from any location, and a centralized hub for overseeing operations, ensuring your workforce aligns with business objectives wherever they are.
ERP providers are embedding AI and ML directly into their solutions to provide personalized solutions. This innovation has allowed businesses to enhance customer experience and significantly improve logistics, production, inventory, and supply chain management processes. Additionally, incorporating AI comes with robotic process automation, which involves automating core processes and workflows, saving resources and increasing productivity.
Mobile support is now necessary for businesses to provide convenience and accessibility to their employees. Smartphone technology offers the ideal platform for making this possible. With mobile ERP, employees can readily access the data they need to carry out core tasks, encouraging better collaboration across different teams and departments. Mobile ERP apps come with an easy-to-use interface, providing real-time data with valuable insights to enhance agility, productivity, and remote accessibility.
With the latest changes in ERP, businesses can achieve consistent growth, even in the face of a post-pandemic world. The key is to find solutions best suited to the needs and capacity of the business to ensure success. This guide should point businesses in the right direction for utilizing ERP solutions to the fullest.