Need for ERP Software to Survive Post COVID-19 Period
COVID-19 pandemic has already changed the way how businesses operate, customer behaviour, and of course, market trends. You can witness its impact on several areas like the purchase of products/or services, supply sources, remote working, and dependence on labour.
Since new normal is constantly bringing challenges to all industries, implementing ERP software like Acumatica Cloud ERP will help SMEs to streamline and automate their core activities seamlessly.
Here’s how ERP can help SMBs in the post COVID recovery phase:
Enable Remote Working
Working from home is here to stay and thus, ERP could be an ideal way to integrate all departments within the organisation for seamless business operations. SMEs can choose to adopt Acumatica Cloud ERP software to gain ease of remote access, flexibility to scale, reduce maintenance costs, and unlimited user accessibility.
Reduce Manual Processes
Automation is the key to prevent disruption and eliminate repetitive manual processes. Here’s how ERP can automate various areas:
- AP automation offers the ability to automate vendor payment and approvals
- Industry 4.0 and IoT to automate manufacturing processes
- Artificial intelligence (AI) and machine learning to fast-track decision-making
- Access to system from anywhere at any time
Reduce Reliance on Labour
Humans are vulnerable to the virus, which is why the best solution is to automate processes as much as possible to reduce manual work.
- ERP offers an integrated business workflow
- It integrates with bar code mobility and POD solution for warehouse management
- A single source of the truth for informed decision-making
- Advanced reporting and analytics to predict future trends and manage inventory