10 key benefits of an ERP

Enterprise Resource Planning, or ERP for short, is essential for the effective development of any type of industry, as it brings together a set of applications that allow the automation of different processes within the company, facilitating operations and productivity.

One of the bases of success is the intelligent implementation of an ERP within the organization, since the digital transformation is necessary to project another business level in daily activities.

In this article, we will learn about the benefits of an ERP for an industry and how betting on experts in business solutions can make digital transformation much easier.

Why is ERP important?

The ERP has the purpose of facilitating and centralizing information from different areas of a company, such as purchasing, logistics, finance, human resources, marketing, production, customer service, among others.

Thanks to this, information is shared in a clear and effective way, resulting in faster processes, which allows acquiring more knowledge about the strengths and weaknesses of the industry to develop strategies and respond to challenges.

Investing in an ERP is a smart decision because the investment made can be recovered in a few months, and the time savings in activities has a positive impact on employees, who will have a higher level of productivity and expertise.

When opting for an effective digital transformation solution, the one proposed by London Consulting Group is the best option, since its ERP is focused on industries and companies that have important and high volume work activities, with the objective that you reach the optimization of your processes in a much more efficient way.

Benefits of an ERP for a company

There are many advantages to betting on the implementation of an ERP. We are going to mention 10 benefits that you should take into consideration.

1. Continuous innovation

Digital transformation is an indispensable element in the efficiency of an industry, and one benefit of an ERP is that there is continuous innovation, as it seeks to improve or change obsolete business processes to convert all activity into something efficient.

Thanks to ERP, processes can be improved and accelerated throughout the company, and can even extend beyond business partners and networks themselves.

2. Lower cost

With proper implementation, money can be saved in the effective use of an ERP, as the upgrade and maintenance costs are borne by the service provider, which is significant for an industry.

3. Improves the decision making process

The ERP allows an analytical orientation that takes as a reference real data and indicators, in addition to providing better communication between all departments of the company, ensuring a way to implement processes in an optimal way.

It also centralizes all the information to be able to make long-term predictions, since the ERP is a reliable platform to know where to direct day-to-day operations.

4. Eliminate duplication

Another of the strengths of an ERP within an industry is the possibility of eliminating duplicate information and redundant activities that negatively affect a company's operational capacity.

By improving response times and standardizing processes, processes can be better controlled. Therefore, it is easier to eliminate downtime, generating an increase in productive work among employees.

5. Flexibility and adaptability

A benefit of ERP is that it can be adapted to the specific needs of each client, which is based on its modular design and essential applications for the work of each industry.

The adaptability of an ERP helps to respond to the particular challenges of each company, since its system adapts to what is required and never the other way around.

6. Real-time data

The ability to discover trends, help predict change, and automate processes that ERP provides improves resource utilization and customer service.

Real-time information generates positive changes within a company, since it is possible to work and plan strategies based on clear and accurate data, also helping in decision making.

7. Customer and supplier integration

Another of the most important benefits of an ERP is the integration and management of suppliers and customers, which helps in specific times to significantly improve profits, since it is much easier to manage the tasks and procedures to be done.

8. Robust security

Security is one of the most important points in any industry process and the ERP has this benefit for a company, as it helps in the safeguarding of all the information to minimize risks in the databases.

The ERP allows it to detect threats of theft or even leaks, since it prohibits access to unauthorized users, while frequently creating backup copies to be always protected.

9. Agile implementation

Implementation is simple, especially if you have a solution already optimized and prepared for any type of industry, such as the one offered by London Consulting Group, since configuration is much easier.

Also, the user interface is made intuitive in order to accelerate productivity times and take better advantage of opportunities.

10. Scalability

 Another benefit of an ERP is that it has the ability to be scalable, that is, in the face of growth that can be difficult to forecast, it is reassuring to know that there is a way to respond to this challenge.

First level ERP with London Consulting Group

Implementing an ERP is very easy with London Consulting Group because their methodology covers the selection of the ERP to respond to the needs of each industry, as well as in each step of the implementation.

Through its process, the project is divided into analysis, design, pilot and go-live. In the first part, test environments are configured and functionality is verified. In a second step, data is entered into the test environment to complete the configuration.

The third step is the use of scripts to ensure that users can use the ERP in all scenarios to finally fully implement the product documentation and training.

In this way, an industry can grow exponentially thanks to digital transformation.

If you want to know how to implement an ERP in your company, contact one of our specialists.