Digital transformation after the pandemic has triggered the advent of disruptive technologies like Intelligent ERP for SMEs. The need to grow or even stay competitive in the market. This will simplify and streamline their complex business processes and let them focus on business planning for growth.

In the last few years, it was noticed that Intelligent Enterprise Resource Planning (ERP) is playing an essential role in growing Small & Medium Enterprises (SME) businesses across industries. It provides them with potential benefits like built-in analytics, rapid deployment, and industry best practices for all aspects of business processes, including HR, financials, production planning, procurement, and supply chain management. Let’s explore more about ‘how Intelligent ERP for SMEs can help them achieve success.

Critical Role of Intelligent ERP for SMEs in the new Digital Era

Intelligent ERP for SMEs hold huge potential to be the next big industry leader or competitor and can help them grow with a focus on innovations and customers’ demands. Regardless of the industry or business size, functionally rich enterprise solutions can help you connect systems, devices, and networks - and create a robust digital platform for implementing new technologies. With industry-specific customized modules, it enhances the efficiency of and collaboration among all departments in the following ways-

Finance

The Intelligent ERP for SME finance module can automate tasks associated with billing, vendor payments, cash management, and account reconciliation. It can also help you create and store important financial documents like balance sheets, payment receipts, and tax statements.

Procurement/Purchase

Intelligent ERP for SMEs can streamline the purchasing process, by ensuring you always have the right level of stock on hand, and help you handle the complexities of low-mix, high-variable inventory. Keeping you on top of purchasing requests, quotes, and orders, it makes your procurement process smoother.

Supply Chain Management

With the Supply Chain Management module, Intelligent ERP for SMEs users can track each step in the movement of goods throughout the supply chain. It can also record and manage any materials or products returned for replacement or refund. It pulls inventory-level data and alerts the manufacturing unit to be ready to meet the increased demand or notifies them to slow down when the demand is low.

CRM

With integrated BI capabilities, ERP enables enterprises to better understand customers’ behaviour and customize marketing campaigns based on accumulated personalized information while directing sales and marketing efforts.

Human Resource Management

Synchronizes and digitizes HR processes including recruitment, payroll, and attendance and leaves management, etc. Since the Intelligent ERP for SMEs HRM module records a vast amount of information on each employee across the organization, it eliminates a lot of duplicate or manual errors that many organizations store in various spreadsheets.

Above are just a brief function of what ebizframe Intelligent ERP for SMEs can do to your business; there are many other attributes that can help businesses gain complete control of their businesses.

Important Factors SMEs Should Consider While Choosing an ERP Solution

Industry Best Practices

The best Intelligent ERP for SMEs should incorporate industry best practices and complete coordination among all functions of the business. It provides the management with one single platform with the ability to get real-time analytics and business intelligence for complete visibility.

Scalable

Leveraging the benefits of a cloud ERP, it should be scalable as your business grows. If the organization adds a new office or acquires new entities, the software should be able to easily incorporate them and integrate offices & warehouses across the globe.

Remote Accessibility

The successful enterprise solution empowers business users with live information from across operations and locations, enabling decision-makers to act in the moment and respond quickly to changing customers’ demands.

Intelligent functions

Intelligent ERP for SMEs enables organizations to move beyond data consolidation and reporting to automation and data analysis, to improve productivity and support data-driven business intelligence capabilities.

Experienced ERP Vendor

ERP vendor with industry expertise can provide you with the right ERP solution depending on your business challenges, industry, size, budget, and needs.

Wrap Up

Every business has its specific workflow and processes; hence, its enterprise solution needs are also very distinctive. Eastern Software Solutions being a trusted and leading Intelligent ERP for SMEs understands the needs of all scales of businesses from various industries and combines its deep expertise to deliver a customized digital enterprise solution with the flexibility to enhance its performance with add-ons.

If you want to seamlessly automate your everyday business processes using the most versatile ERP software and turn your business onto your fingertips, then choose ebizframe and look nowhere! Contact us at marketing@ebizframe.com

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