In real scenario ERP System has not adopted by all organizations. Don’t know – why SME’s (Small Medium Enterprises) are going with antiquated way. There is couple of reasons a company may decide they are ready to upgrade their Business Management Software. There are few common scenarios that lead organizations to thinking about Cloud Based ERP System.
Manufacturing and Distribution need ERP System support: – Everybody knows about manufacturing and wholesale distribution sectors. They include bills of material, production orders, capacity requirement management and supply planning. You have two options for managing these tasks first is ERP System and other is obsolete way. Even, if you are using old technology then you will have to face challenges such wasting time and money, not getting appropriate result, etc.
Healthcare and Non-Profit organizations also need ERP: – With these industries, most of organizations are updating reports manually. It is time consuming and not an error free. It takes up more space and difficult to manage. It means your organization required new technology.
Complexities in banking and financial sectors: – Few years ago, banking and financial industries had to face challenges such as handling of documents, bug issues, most of the paper work, etc. There is not seamless and robust solution for managing financial and banking sectors. Existing software or system is too clunky to maintain, so in that case you must have to adopt Enterprise Resource Planning Software.
These are the few signs when companies required ERP Software. Main thing is that which one is the right platform for building Cloud-Based ERP System. As per the market survey MS Dynamics NAV is the right platform for ERP System for any kind of Industry. For getting more information you can contact to us.