What’s the essential difference between a big engine and a comparatively smaller one. Besides delivering more power, consuming more, and demanding more attention, the one place where a bigger engine scores over the smaller option is in maintenance. A bigger engine can accomplish a lot more with lesser strain on itself as compared to a smaller engine and thus needs lesser maintenance over similar lifetimes.
Something similar is the case with organizations. A big or mid-sized organization can accomplish a lot more than its smaller counterpart can ever. And the simple reason for the same is the presence of more resources- including in most cases an ERP.
An enterprise resource planning software is a system that brings together all the disparate elements of an organization of a common plane while providing information and clarity right there on a single screen. In doing so, it gives the owners and managers of an organization the right resources to run an organization at the right speed in the right direction for the right outcome. This is ever-more evident in the case of SMEs for the following reasons:
*SME’s lack of manpower to man different departments means it’s important that they have a system that centralizes information for its owners to take the right decisions. An ERP Solution for SME sector helps an organization do just that i.e., centralize information for best managerial practice- even where there’s just one person to handle all the affairs of the organization. A single-person company is thus a possibility even when it comes to operations (i.e., a single-person company is a reality in ownership and can be made the same in operations)
*Cloud-based makes it available from everywhere
Most ERPs these days other than legacy, on-site ones are essentially cloud-based which means they can be accessed from anywhere on the planet. This brings into the fore the role played by software in making the world and more so the world of employment completely flat. Employees can be anywhere on the planet but be equally accessible to the working of an SME.
*Constant updates means users get the latest experience
The biggest plus that a cloud-based ERP can ever bring to the table is its being open to constant change to reflect the latest needs in the industry. This is also it’s biggest USP vis-à-vis SMEs in that for once the small fellow gets as much heft as the biggies. An ERP is otherwise a rich man’s preserve but bringing it to the cloud opens its abilities to everyone everywhere!
*SMEs can have associates instead of employees to handle departments
With limited to severely limited budgets, most SMEs are hard-pressed when it comes to employing specialists as employees. The biggest advantage that a cloud-based ERP can bring about is that they decentralize the process of employment to mean anyone anywhere on the planet. With such flexibility, it is then not surprising that SMEs are now getting the best people from all over the globe.
*SMEs can effectively hive off activities without sacrificing quality
Manufacturing in particular is a series of activities that feed the main activity and makes it profitable. But not all of these activities are equally significant. With the arrival of the ERP, an employer/ manufacturer