5 Ways Outdated ERP is Holding You Back

Is your legacy ERP solution holding your company back? It may be time for an upgrade. Modern, cloud-based ERP Solutions have some incredible advantages for companies -- they are cost-effective, flexible, scalable and versatile.

  1. Today's Business Thrives on Mobile Connectivity

Mobile connectivity is no longer optional. Companies today need to be always on -- and their employees need to be able to access their ERP solution while on the go. Most legacy solutions have limited mobile connectivity or, even worse, no mobile connectivity at all. Employees may have to navigate a frustrating or confusing framework, thereby leading to reduced efficiency and mistakes.

  1. Companies Today Remain Agile through Decentralization 

In the old days, everything would be centralized into one major infrastructure. This suited the old corporate atmosphere. Today, everything is decentralized as much as possible to ensure that the company remains agile. Modern companies have many moving parts that need to work in tandem and that need to be able to work unhindered. If a central system goes down, the entire company goes down. A cloud ERP solution will not experience the same problems.

  1. Real-Time Data is Critical for Effective Operations

Modern ERP solutions constantly feed real-time data to employees, allowing both staff members and managerial staff to make educated decisions regarding the status of the company's projects and staff members. Legacy ERP solutions may lag behind, waiting for manual data entry or systemwide updates. Local ERP data may not even be properly synced with the central ERP service until later, leading to costly mistakes and time spent tracking down errors.

  1. Legacy Solutions Cannot Offer Channel Integration

Channel integration is an incredibly important component of the modern ERP solution, allowing for reduced administrative overhead and simplified management. Legacy solutions are no longer compatible with any major channels, thereby forcing companies to find workarounds and create manual bridges between other software solutions. A modern, cloud-based ERP solution will be able to integrate directly into sales, marketing and productivity channels, significantly streamlining operations, reducing costs, lowering administrative time and eliminating many potential errors.

  1. New Solutions Empower the Self-Service Office

Self-service companies bolster productivity and efficiency by putting employees in charge of many administrative tasks, such as logging their own pay hours and controlling the flow of their projects. Modern cloud solutions empower employees by allowing them to arrange their schedules and projects on-the-fly, while still allowing managerial staff members to monitor and make adjustments as necessary. Legacy ERP solutions don't offer these types of self-service features, instead requiring that there be administrative personnel directly in charge of making changes. Many of these solutions cannot even be used by more than one user at a time, significantly inhibiting workflow.

A cloud ERP solution such as Netsuite can solve all of your problems and more. If you think that your legacy software may be hindering your business, look into a new solution today -- an upgrade will likely pay for itself in productivity, efficiency and cost savings.

Learn more: Download "The 8 Ways Outdated ERP Damages your Business"

By Socius, an Ohio NetSuite Partner

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