Why does a growing Small Business need a Cloud ERP?
Does a growing small business really need a Cloud ERP solution? It is important to evaluate this critical decision that small businesses face.
Even when done correctly, switching solutions is not easy. Particularly when the new solution isn’t appropriate for small- to medium-sized businesses. But suppose the firms opt to avoid the pain by sticking to their historical solution. As their business grows and the market space becomes more competitive, in that case, they are creating portends of doom because they are likely to find that the old solution won’t work. The right ERP solution for your business can help you avoid this catastrophe and increase your business success.
The process of comparing and evaluating different software is irksome and time-consuming though very necessary. The best time to migrate your business processes to the right ERP system to replace business function-based software is before the situation becomes a significant business contingency that may become irretrievable.
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SMBs that rely on functional software like accounting applications and/or spreadsheets for managing their business are seeing only a very small portion of the functionality that the right ERP can provide. A single ERP can combine the best of ERP and CRM. This will create a single point of access while covering all business functions with any time anywhere access even via mobile devices.
Functional software like Quick Books makes day-to-day operations work, but it doesn’t do much more than that. They can track money inflow and outflow but that’s about it. It reflects only certain business operations like accounting and finance. The other business functions operate on their own creating duplication of effort issues when collating data between functions across the business.
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With a growing Small Business, this issue becomes more complex as productivity and response times are critical for success.
Some SMBs think that they can use spreadsheets to monitor their business processes. But for this to work, a spreadsheet is going to need data from other databases, such as a production data, marketing & dispatch, financial data with customer and product details and order details that must be correlated and documentation for all of this must be maintained to creating a nightmare of almost demonic proportions as the business grows.
In the case of standalone functional applications, the situation is totally inadequate, since critical information is scattered across several applications and databases. Data portability issues make it difficult to produce useful reports.
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An ERP system puts all information at your fingertips with customizable dashboards, appropriate metrics, and automated reports to enhance decision-making for daily operations and planning.
All the information across business functions is available when and where you need it in an automated manner rather than waiting for the time-consuming process of month-end reports that are historical and therefore could be irrelevant. The cloud ERP is an affordable ERP option with comparable functionalities to a traditional legacy-based on-premise system. In addition, they come with a fraction of associated costs/TCO. Moreover, they come with improved features such as better uptime, mobile access, real-time data, easy scalability, easier upgrades, etc.
All this could change with a comprehensive one-stop cloud ERP. With an affordable fee structure, your SMB could be enabled to leapfrog new heights into the future. SMBs can especially take note of this opportunity and ride the cloud ERP wave to business success. A cloud ERP is the David factor. It can allow an SMB to take on Goliaths by being enabled with comparable business process efficiency, business agility, and higher quality data-driven business decisions.
Versa Cloud ERP’s Value Proposition for Small Businesses
We at Versa Cloud ERP have created a multi-award winning, secure, comprehensive Cloud ERP solution that is e-commerce and mobility ready. The Versa Small Business Cloud ERP dba Versa system is accessible anytime and on any smart mobile device. It provides support for e-Commerce and Multi-Channel Retail including integration with 3rd party e-commerce platforms and POS systems.
In addition, the Versa Cloud ERP system includes the ability to remotely manage Master Data on multiple e-commerce and POS systems including product description, pricing, images, etc.
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With dedicated support, it is affordable and geared toward SMBs. There is a client base in diverse verticals using it, and the tool could transform the way you operate and grow your company.
Our solution is designed for fast-growing SMBs. Mostly, small Businesses with annual revenue between $1-$50 M, looking to upgrade business management solutions like entry-level accounting products or mid-tier legacy on-premise ERP systems, or even those looking at comprehensive and affordable ERP solutions.
Versa Cloud ERP is built from the ground up on the latest cloud and mobile technology. It allows businesses to automate and optimize their operations across multiple companies, countries, and currencies with one integrated ERP system.
We will help you in a structured manner to migrate your data seamlessly from Epicor, Infor, QuickBooks, Microsoft Dynamics, MYOB, Sage, SAP Business One, etc when you make the decision.
To know more, please visit www.versaclouderp.com or contact us directly.
We’d love to hear from you.
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