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Do Growing Businesses Use ERP Systems?

Written by Sean Barbera | Jun 6, 2022 8:48:00 PM

An ERP system manages all aspects of a business—it integrates workflows and data into a single platform. They are often used by large corporations, but also frequently adopted by growing organizations aiming to streamline their processes and scale their business.

 

What Is ERP?

ERP, or enterprise resource planning, refers to a business management software that merges all the fundamental processes needed to run a firm into a single platform. This includes planning, purchasing, manufacturing, production, sales, distribution, finances, and customer service.

Some of the best ERP systems are provided by SAP, which powers multiple Fortune 500 companies.

SAP solutions are designed to help businesses and organizations manage their daily processes by offering solutions that enable effective processing and data flow across the enterprise. They centralizes data management, providing you with multiple business tools and functions that different users within your enterprise can share and receive data without interference.

SAP Cloud ERP encompasses the cloud-based ERP solutions based on the market-leading SAP Business One, SAP Business ByDesign, and SAP S/4HANA Cloud Public Edition platforms. SAP Cloud ERP solutions are complete enterprise resource planning (ERP) systems with built-in intelligent technologies, including AI, machine learning, and advanced data analytics. SAP Cloud ERP is a great option for growth-focused organizations looking to scale their operations.

 

Do Growing Businesses Need an ERP System?

The services provided by an ERP system aren’t only valuable to enterprises with millions of customers; they’re equally critical for growing businesses and growth-focused organizations with more modest annual revenues. The same advantages large companies gain from ERP systems can often be leveraged even more effectively by businesses in a growth phase.

If you haven’t yet implemented an ERP, your first step should be understanding how to migrate from an on-premise solution to the cloud. This shift allows you to centralize your processes and data on a fully integrated platform, setting the stage for scalability and long-term success.

 

Benefits of ERP for Growing Businesses

No business is “too small” to benefit from an ERP solution. For growth-focused organizations, a cloud ERP like SAP S/4HANA Cloud Public Edition can be a game-changer, providing the tools, insights, and efficiencies needed to scale with confidence.

Integrated Data Systems

Growing businesses manage an ever-increasing volume of information. To truly understand performance, you need precise, real-time data. An ERP unifies this information as it moves through workflows and pipelines, ensuring everyone works from the same source of truth.

Better Visibility and Transparency

An ERP system gives leadership and teams a clear view of operations across the company, while improving accountability between departments. This transparency fosters trust and drives alignment toward shared goals.

Increased Productivity

When all data and workflows live in one system, growing businesses see higher productivity, streamlined processes, and significant resource savings. No more digging through disjointed files, sitting in endless meetings, or waiting days for updates, teams can act quickly and efficiently.

Improved Decision-Making

With built-in business intelligence, AI, reporting, and analytics, an ERP empowers leaders to make data-driven decisions. Every strategic move can be backed by facts and metrics, accelerating growth and improving goal achievement.

Reduced Operational Costs

Multiple apps, scattered tools, and manual processes drain both budgets and energy. An ERP consolidates operations into a cost-effective, all-in-one platform. Automation reduces the risk of costly errors, from lost orders to missed shipments.

Flexibility and Adaptability

An ERP system grows with you. It can adapt as your business pivots and expand to support new markets, products, and processes, helping your organization stay agile in a changing landscape.

 

The Best ERP System for Growth-Focused Businesses

SAP is a global leader in ERP, but because it’s known for serving large corporations, many growing businesses assume it’s only for Fortune 500 companies. The truth is, SAP S/4HANA Cloud Public Edition is purpose-built for growth-focused organizations, offering powerful business management tools through an intuitive, cloud-based platform, all at a cost-effective price point.

 

Learn more about how to scale your business with an SAP Cloud ERP  solution  or by calling one of our experienced ERP consultants at (801) 642-0123 or by writing us at info@nbs-us.com.