ERP in Botswana
Botswana, situated in Southern Africa, is a land-locked country surrounded by Namibia, South Africa, Zimbabwe and Zambia.The country is topographically flat in nature with almost 70% of its territory being a part of the Kalahari Desert. With a population of about 2 million, Botswana is considered to be one of the most scarcely populated nations in the world. Botswana’s capital and largest city, Gaborone, is home to almost 10% of the country’s population. Besides the deserts and the deltas, the country also possesses savannas and grasslands in plenty which are suitable for the country’s rich wildlife.
Economy of Botswana – A Glance
Economy of Botswana – A Glance
With an average annual economic growth of 9% since 1966, Botswana can be considered to possess one of the highest economic growth rates in the world. Raising livestock is the primary source of rural income in the country. The livestock population has more than trebled in the three decades since independence. Botswana’s per capita annual GDP has risen sharply from approximately US$ 70 in the late 1960s to almost US$ 19,000 in 2015. The banking system of Botswana adheres to global standards and is considered to be one of the most advanced banking systems in Africa. The country is rich in mineral resources like diamonds, gold, copper and uranium. International mining giants are present in Botswana and actively involved in the prospecting of these minerals. Botswana encourages foreign investments in most sectors and the private sectors have witnessed significant growth and development.Botswana also possesses a vibrant and growing financial sector with its national stock market known as the Botswana Stock Exchange (BSE).
Enterprise Resource Planning in Botswana
Powerful IT Solutions like an ERP Software have played an instrumental role in shaping the economic progress of Botswana and taking it on the path of rapid growth and development. A versatile ERP Solution provides a comprehensive dashboard which helps in the proper monitoring and management of the entire organization and all its functions. An ERP Suite is the perfect Enterprise Automation System that helps in ensuring better and faster decision-making and strategy formulation as the management is always in total control of their business across all locations and functions. It also reduces duplication errors and ensures optimum efficiency across the entire organization. A Next Generation ERP System also generates alerts at various stages and can be accessed 24*7 on any device, anywhere thereby ensuring that even senior executives constantly on the move have full operational control over their functions. Latest ERP Systems are completely web-enabled and can be implemented securely On-Premises or On-Cloud as per the user requirement, in a cost-effective manner.By replacing the several paper based processes prevailing in the past, an ERP system helps in reducing the carbon footprint of an enterprise significantly.
Critical Benefits of ERP Implementation in Botswanan Enterprises:
- The deployment of ERP in an enterprise ensures that the designated employees can access critical information across all functions in real-time without waiting for manual compilation of data.
- The standardized processes and workflows of an ERP System ensure that an organization adopts world class business practices and processes and all its functions get integrated seamlessly.
- Senior Management has access to complete information pertaining to cash-flows, Sales, Inventory and various other functions at the click of a button.
- The Senior Management gets time to plan for business growth and diversification rather than getting completely bogged down by mundane operationalissues and non-availability of critical data.
- Next Generation ERP Systems like ebizframe are completely device-agnostic and can be accessed on smartphones and tablets across all mobile platforms seamlessly.
- Smart and versatile ERP Solutions like ebizframe have a simple-to-use, easy-to-understand User Interface (UI) which ensures that even semi-skilled manpower become trained and conversant with the software in the shortest possible time.