Are there ERP systems for SMEs?

An ERP is a comprehensive management software that offers automation of the different business processes providing greater competitiveness to organizations. But implementing this system can be challenging for small companies, so they look for the best options to improve their processes. And the question is: Are there ERP systems for SMEs? The answer is yes. In the following article we will tell you how to choose an ERP that suits your needs.

Use of ERP in small businesses today

Nowadays, unlike 5 years ago, there are many challenges for entrepreneurs, self-employed professionals and small companies. The latter are even the most affected, since having to meet more responsibilities, they may even perish.

Technology decisions in micro-enterprises and SMEs are usually made by technology managers and not by the leaders or owners for fear of facing the unknown, but making the big mistake of leaving such an important decision in the hands of a person who does not know the business processes or organizational strategy.

When deciding whether or not to implement an ERP system, small companies and self-employed professionals are hindered by uncertainty. But just as those who do not take the time to implement the system, those who decide not to integrate it may fail in the future. 

Every day, companies seek to be more profitable and competitive in the market. And tools such as ERP, are an important point for the evolution of an organization. 

This system has a bad reputation, branded as complex and expensive, but the reality is different. According to G2, “the global ERP software market is expected to reach $78.4 billion by 2026”.

In addition, this study also concluded that 88% of the companies that have implemented an ERP tool consider that the implementation of these systems has led them to success.

 

You may be interested in: Intelligent document management: More efficient and effective companies

 

Advantages of ERP systems for SMEs

  1. Increased productivity, competitiveness and business profitability.
  2. Reduction of administrative costs and work time.
  3. Up-to-date information management accessible from anywhere.
  4. Better communication among the work team and with customers.
  5. Increased security and protection of information

Features of an ERP for SMEs

The features of an ERP can vary depending on the vendor or the industry they are targeting. Looking for certain features depends on each SME, even if their needs are similar, they may have different systems because of their resources, time management, skills or processes. 

Basic modules for small companies

Among the most common core modules sought by micro and small businesses are sales, financial or accounting, customer service management, production and inventory. 

Other core modules that companies may look for are human resources, purchasing and marketing.

Special modules for small companies

Some companies require more specialized modules depending on their size or sector. These are logistics, project management, security, task management, business analytics, connection with Prestashop (connect and synchronize information from multiple stores in the same system) or POS (cash control).

 

You may be interested in: What is Small Data and why should you use it in your company?

 

How to choose an ERP and not fail in the attempt

Due to the great variety of ERP available in the market, it is quite difficult for SMEs to select a specific one, therefore, we will give you a series of aspects that you should take into account when deciding.

When choosing an ERP system analyze the following points, so that you don’t drive into a wall.

How to choose the best ERP?

  1. Functionalities: verify that it meets your needs.
  2. The database: that the information is centralized and eliminates duplicates.
  3. Analytics: the built-in analysis tools will show you strategic information about your company or business.
  4. Data visualization: look at how the information is displayed, it must be understandable and pleasing to your eye.
  5. Automation: check the impact of automation on your tasks.
  6. UI/UX: it must be consistent and have the same look and feel in all modules.
  7. Integration: review the integration with different devices and the workflow with your team.
  8. Technologies: ask what it uses – does it support AI, machine learning, digital assistants, IoT or RPA?
  9. Multinational support: if you are a large company or plan to expand, you must have different languages, currencies and practices.
  10. Implementation options: make sure how it is implemented.
  11. Security: not all of them offer it, but it is very convenient if it is included.
  12. Cost: choose one that fits your budget.

 

You may be interested in: Situation analysis of your company: what are KIPs and what are they for?

 

Gestion Direct ERP System for SMEs

Many companies are already using Gestion Direct to improve their productivity and profitability by making different choices in their business digitization and digital transformation.

The ERP management software for SMEs that covers purchasing, sales, project management, inventory management, accounting and finance. In addition, you can request the inclusion of 50 contract and agreement templates to manage your documents quickly and efficiently with your electronic signature. 

Gestion Direct offers you the opportunity to visualize the situation of your company through the help of business analytics and artificial intelligence so you can make better decisions based on real and accurate information.

 

Get ready for the challenges that may come in the future. Visit our website Gestion Direct or call +34 937 3775 25 and get an affordable ERP for SMEs that fits your needs.

Stay informed about

technological innovations

to move towards the digitization of your business, with Gestion Direct.

What did you think of this content?

guest
0 Comments
Inline Feedbacks
View all comments
;

Saved entries