If you’re relying on an outdated platform, you’re not only sacrificing efficiency but also your organization’s ability to compete in a truly digital world. Basically, it will cost you more in the long run to stay where you are.
Here are five signs that it’s time to replace your ERP:
1. It can’t deliver real-time data
When your competitive advantage relies on speed-to-market or strategic decisions, every minute counts. Time is money. You don’t want to spend it digging through data.
Modern ERPs give your users access to the reports they need at the click of a button. Cloud and mobility features allow those in the field (e.g., sales, remote employees, technicians, etc.) to stay connected while the ERP continues collecting data. Ultimately, leaders can use real-time data to make faster business decisions.
2. It lacks critical features
Is everyone in your organization comfortable using your ERP system? Have they created workarounds to do things that your ERP software should be able to handle?
ERP products today are equipped with intuitive interfaces. They deliver customizable reporting tools accessible from anywhere, making them easy to learn and use, and they include modern features critical to doing business today. Reputable ERP providers also provide training and support as part of their ERP implementation. They can help you gain employee buy-in and adoption.