There comes a time in every company’s life when the old ERP system no longer meets the current business processes.
We have collected 5 key signs that you need to make changes:
Lack of a single ERP information environment.
For example, when the sales manager calls the warehouse to check stock levels the financial manager has two databases for different types of accounting.
It takes too long to receive management reports.
What does it mean? It can be different for each company. It depends on your sense of how relevant the information you receive is to management decisions. But usually the sooner the better. In general, it is considered relevant to have reported within 5-7 days after the end of the period (month).
The performance and speed of the system do not meet the requirements for information processing.
Improvement of server performance does not bring positive results either.
Difficulty of integration with other systems.
Or lack of developer support for the ERP system in new versions of operating systems. For example, new versions of Windows.
Problems finding specialists to support the ERP system.
Or there is a dependency on an individual or group who knows how your system is built and configured.
To add insult to injury, the system was of Russian origin, closed source, and had old approaches to accounting and reporting.
Implementing a new ERP system is quite stressful for the team, as with anything new. So support during the period when the company is implementing a new system is very important. Of course, the indicators that Business Central can improve will depend on the specifics of the industry in which your company operates. However, we can highlight one of the key indicators that all our customers are interested in – the speed and quality of receiving management reports.
What exactly is the reporting problem?
▪️ Not all users who provide primary data to the common information environment work in the existing ERP system
▪️ Some of the management data is calculated in Excel spreadsheets
▪️ A lot of time is spent on combining different data and creating relevant reports.
▪️ There is a dependency on the human factor
How does Business Central address these issues?
- Allows all users involved in the input of primary data to work in the system. This data serves as a source for reports and indicators.
- Provides the ability to set up complex analytical accounting.
- Includes convenient tools for creating analytical reports, in particular through connectors to Power BI, the world’s best data visualization tool.
What do you get?
Verified data in a convenient online format.