Are your business and team members struggling to adjust to the new normal at the present COVID-19 pandemic hit? Or, are you facing many challenges from economic, upheaval, financial instability, and other events? Well, it isn’t easy to keep your virtual door open during tough times. In such cases, businesses need to re-think their financial and asset management, make changes to their supply chain, and redefine their overall strategy. While most companies still rely on video conferencing platforms, that being said, Cloud ERP (Enterprise Resource Planning) system is way more than this, extending businesses beyond the brick and mortar. In a crisis, ERP software plays a significant role in sustaining business continuity. When it comes to unexpected disaster recovery and planning across different industries, ERP integration will offer the right infrastructure that benefits now and prepare you for whatever the future holds. Let’s take an in-depth look at ERP capabilities that prove to be effective for organisations that don’t know how to maintain business continuity during sudden disasters. How Cloud ERP Works Beyond the Four Walls of the Brick and Mortar? When the unprecedented coronavirus outbreak first hit, many companies were striving to figure out how to maintain operational productivity in a virtual space while keeping the safety of employees in check. The next concern was to ensure team members could work remotely and the biggest question was, “How do companies align 2,000 people work remotely and make sure they can be efficient at the same time?” This has increased the people’s level of interest in the Cloud ERP system because of ‘accessible anywhere’ functionality, improves operational and financial productivity, regardless of industry, size, location, and operational method. Cloud-based ERP technology powers businesses globally, allowing them to run smoothly from anywhere, anytime. During tough times, companies are still serving clients and customers with efficiency, agility, and functionality right from the comfort of their homes. Proven ERP Strategies for Business Continuity and Disaster Recovery Whether the economy is rising or falling, there is no wrong time to implement an ERP solution as it assures business continuity in the scenario of a crisis. Businesses require a powerful platform for financial management, production runs, distribution, sales, inventory management, and more. This way, when disaster hits, you won’t be left unprepared instead, you will be evaluating assets and shaping a solid plan to cope up with the disaster. Cloud-based ERP acts as a fundamental seed that not only just focuses on survival but also serves the aim of organisations’ growth. It emphasises on making valuable decisions, such as: How do you structure your data across all departments? What type of reports and analysis do you really need to streamline business processes? What kind of analytics can help you to make better-informed decisions? It is extremely important to analyse your current market situation, see what’s happening with prospects and consumers, and make sure you have the right software like ERP in place so you won’t get stuck in the middle of a crisis. How Acumatica and Netsense are Helping Businesses to Maintain Business Continuity? At Netsense, we are working tirelessly to harness the power of the cloud, scalable technology, and cohesive to bring a powerful Acumatica ERP system to the table that drives operational efficiency, no matter wherever you go. It has the ability to streamline business processes, reduce risks, automate workflows, with a full-fledged Cloud ERP system. It will help all sizes and types of businesses to access vital information in real-time safely from anywhere, at any time, on any device. This advanced solution allows the workforce to work from anywhere and maintain business continuity during any crisis because they can run anything smoothly in the cloud. Acumatica ERP is all based on flexibility and growth, uses development languages, and standard web technologies to meet business needs. If you’re looking for a cloud-based solution to manage all facets of your business, you can never go wrong with our Acumatica ERP software. For any further queries or if you’d like to schedule a demonstration, connect with our experts today. The event of a crisis will ultimately come to an end, but you always need a well-connected team to reach your goals. Let us take your business to its next stage of growth with our one-in-all ERP solution.

The e-commerce market has been drastically transformed in terms of functionality and the way they operate as online businesses nurture, and brick-and-motor retailers seem less prominent. In a fierce competition, operators need to adopt new mediums to ease their operations and stand out from the crowd. The e-commerce business holders can only thrive when they focus on streamlining processes, reducing expenses, maintaining supply efficiencies, and discovering new ways to build customer relations. Enterprise Resource Planning (ERP) system integrated with online sales provides game-changing opportunities, saves time, and drives consistency which adds more value to your business. With the successful front to back flow of business operations, operators can access necessary information such as customer profiles, sales order, stock availability, pricing, deliveries, and other financial analysis seamlessly. In this post, we will look further into some benefits of ERP e-commerce integration, how enabling ERP functionality will play a significant role in the future, and which could be the best solution for you. So let’s get started! How ERP E-Commerce Integration Can Benefit Your Online Business?Since e-commerce market leaders need to perform tasks quickly and at a large volume, they cannot ignore the absolute need for a dedicated system equipped with automation capabilities and real-time updates to achieve success. Here are some great possibilities e-commerce businesses can expect with ERP software: Improved ProductivityERP software has the power to increase operational productivity by uniting several workflows and automating the flow of information. You can automate functions like delivering shipping notification and bank reconciliation, which results in fewer delays, less wasted resources, and fewer human errors. Centralisation of Sales InformationIt could be a daunting task to keep sales information organised, especially when it flows from different departments. One of the main advantages of ERP integration is that it can consolidate information from multiple locations such as brick and motor stores, catalogs, online, etc. through automation capabilities that make insight development more efficient. Generate RevenueEvery business tends to look for innovative techniques to generate maximum revenue. ERP solution can help e-commerce businesses to earn better profitability pertaining to increased productivity, automation, and so on. A Nucleus Research found that the average amount of benefits that a business receives for every dollar spent on ERP software is $7.23. Thus, a successful ERP integration can drive revenue benefits that even exceeds the initial implementation costs. Strong Customer RelationshipsMany ERP system comes with Customer Relationship Management (CRM) functionality which can offer customers’ information based on demographics, past sales, orders, sales leads, etc. You can also automate the process of monitoring shipments and sending notifications when a product has been delivered to its intended location. By simplifying these processes, you can attract more customers, make a good impression, and increase customer retention rate. Will ERP System Continue to be Important for E-Commerce Businesses in the Future?Well, the short answer is definitely yes. A study from the United States Commerce Department reveals that the total market share of online retail sales in February 2019 was more than the general merchandise for the first time ever. This translates to more people are adopting online solutions to purchase items and certain offers will never fail to impress. Today, there are still a lot of middle-ware solutions that step back and forth between systems, but as ERP system changes and starts to incorporate modern technology, operators can easily exchange and manage data in real-time with more accuracy. How Acumatica ERP System Ensures Your Business Continuity and Productivity?Acumatica ERP System combines all the important components for best-in-class multichannel fulfilment, including inventory management, shipping, packaging, returns, customer support, and accounting under a single database. This is a full-fledged solution to optimise your stock levels, automate your business processes, and gain a single source of truth to accelerate your business efficiency. It offers a centralised view of your business, where operators can attain real-time information of orders, inventory, and profitability based on product and location. It also involves unique capabilities in its system and CRM modules make an optimum addition to any e-commerce solution. Finding the right ERP system is extremely important to reduce the risk of errors and deliver high performing results to enhance your customers’ experience. This is why, at Netsense, we offer advanced Acumatica ERP solution that streamlines your business processes and takes your company’s growth to the next level. You can also schedule a consultation with us and see Acumatica ERP in action to make a better-informed decision. Feel free to reach out to us for further assistance.

The advancement in the usage of Artificial Intelligence (AI) within the enterprise system ecosystem has always created a buzz among industries across the world. Artificial intelligence and machine learning are showing excellence in optimising operational models and managing business operations with ease and accuracy. In fact, Gartner predictions reveal that by 2021, 80% of emerging technologies will utilise artificial intelligence as a key component. Since this technology is going to become highly prevalent in the coming years, it is a viable option to optimise your ERP (Enterprise Resource Planning) system for fast-forward AI to gain a competitive edge over others. AI in ERP software offers real-time data insights, allowing companies to enhance their operational efficiency, maximise ROI, and reduce overall costs. Impact of Artificial Intelligence (AI) on ERP System AI-powered ERP systems can positively affect the core operations of an organisation by streamlining everyday operations, reducing operational expenses, and eradicating human errors. It allows users to attain actionable data insights, superior access, financial controls, and smart production management. A technologically advanced ERP system assists companies in discovering and leveraging massive volumes of structured data, eliminating errors, and complex business challenges. ERP systems with AI can automate routine activities and identify patterns which gives organisations an unparalleled efficiency and functionality. Having a clear picture of your customers’ operational data, you can easily unlock the real potential of your data and manage your mundane tasks diligently. Three Areas that Can Be Managed Well with AI-Powered ERP System Data Management and Business Intelligence Leveraging your data to make rational decisions could add more value to your business. Industries like manufacturing can access real-time data, regular production updates, and customisable reports, at any given time to solve their toughest business problems and streamline decision-making processes.AI and machine learning can transform the way how ERP handles and optimises data. For instance, AI can evaluate the purchasing behaviour of different clients, allowing you to alter your inventories directly to meet the needs of customers. AI can also deliver historical data and behavioural patterns which can help you to create an accurate quote for your consumers. Automating Business Processes Routine tasks like month-end closing and invoice can consume hours or even days to complete, which may lead to delays and wasted resources. The ERP system can assist operators with scheduling, accounting, process automation, and inventory management, allowing the workforce to focus more on core objectives to achieve goals faster.AI technology can strengthen your ERP system’s performance, giving the ability to learn and make smart decisions, align routine tasks such as payroll administration and accounting effortlessly. AI-enabled ERP software detects the wasteful process and recommends a solution to minimise wasted resources, cut down the cost, and enhance efficiency. User Experience Some businesses may find ERPs complex and intimidating, especially when they are learning it right from scratch. In such scenarios, AI technology integrated into the ERP system proved to be very helpful in decision-making based on human input, which handles both structured and unstructured data and then delivers it in a clear and user-friendly manner. While ERP systems have effectively integrated different business aspects, artificial intelligence has created a channel for analysing a large amount of data, making useful predictions, and suggesting further steps for the smart decision-making process. As AI technology matures rapidly, now is the right time to opt for an AI-powered ERP system to enhance operational efficiency and user experience.

Should you go with an On-Premise ERP or a Cloud one? This is one complexity that all small businesses face in the initial stages of platform set-up. Reporting, analytics, automation, AI integration and all such aspects are to be integrated unified for increased efficiency and organizational process management. All these could be effectively managed when you have a strong Enterprise Resource System (ERP) platform. But picking what medium is a bog question, especially when you are new to this. Would a cloud based one offer more detailed and accurate analytics than an on-premise one? Which one would provide faster reporting? Which would help you in getting quick insights? Cloud ERP – Is it Better Than On-Premise? If you consult a professional ERP solution service provider, and considering the changing business market, scalability expectation, it is safe to assume that the cloud option is gaining more popularity and adoption. Not assured? Don’t worry. Cloud ERP is highly convenient and modern way for small and mid-size SMEs to incorporate in their flexible business culture. But how? Read on to know: Low Upfront Cost The most concerned issue for small businesses and start-ups are the added IT infrastructural costs, which they are looking to avoid, but don’t want to compromise on the tool’s capability and high-end solutions. Going the cloud way provides the best solution for them.As the cloud based ERP is hosted by the vendor, small business owners are saved from the complexity of infrastructural aspect. You can choose the monthly payment or annual subscription mode. It provides high scalability, less maintenance cost, and easy configuration. High Scalability for Future Your business structure, your client base, your market needs, customer demands and in core your business process won’t remain the same. So you are going to get your IT to change and adapt according to that. This is where we all look forward to a scalable solution that can grow with respect to the changing environment. This is rendered excellently by the cloud based solution, whereas with an on-premise platform you need to go for a complete overhaul. Easy and Quick Deployment You have a lot on your table right now, and can’t commit to stressful and time-consuming IT deployment. Worry not. Cloud based ERPs function over the internet and this is a basic infrastructural need all you have to arrange for. Improved Flexibility Today we look at technology and tools which can not only enable the business capacity to run at its full efficiency but also need the need of tomorrow’s expansion. We live and work in an environment today where we want a technological aspect to not just cover one basic, but be able to fulfil multi-facets. This efficient model helps drive future growth, easy adaption of mew resources into the system. Higher Mobility A workplace isn’t just your office desk. It can be the living room of your home, a café, your tablet or smartphone. You want to be connected to all the specific points of your business at all times from anywhere. Cloud based ERP makes this a breeze for you. High Data Security It has been observed over the years that with strengthened internet policies, improved network architecture, and focus on cloud as the business enabler, we have ERP platforms with remote access that provides enhanced data security.Cloud based technological architecture has come a long way, and it is not something to fear anymore. As small business owners have a lot to ponder over and limited budget, leveraging the cloud benefits will prove not missing out on the technological capability all the while making it simplified and resourceful. You can adopt Acumatica ERP implemented that helps you get the best from a resourceful solution while also making best use of streamlined and cohesive online process.