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Myths and truths about ERP

Myths and truths about ERP

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When it comes to ERP systems, it's common to have some reactions about the topic. The fact is that ERP gained even more prominence during the pandemic and became a reality that will change how digital technology was viewed until recently.

Forward-thinking managers and CFOs, along with their teams, are using scenario planning to be better prepared during uncertain times like the one we are currently experiencing.

Real-time decision-making, continuous investment in innovative solutions, ensuring greater productivity, and boosting business have become key themes addressed by companies that keep up with technological changes to achieve positive business results and future growth.

There are so many tools and possibilities in enterprise management systems that it's easy to understand why the subject generates so many doubts when choosing the ideal one for your company.

With that in mind, we've prepared a list to help you uncover the main myths and truths about ERP systems. Check it out.

 

1.) ERP systems require a very high cost.

[MYTH]

 

It's common for some managers to still question whether "ERP is too expensive and requires a high investment" for the company. To dispel this myth, it's worth remembering that investment is what brings financial results, and the ERP system does exactly that for your business.

Yes, there are expensive ERP systems, but it's not necessary to choose them! What's needed is to invest in one that can meet the organization's needs in a functional way, with reliable software that fits within the company's budget.

We know that Oracle NetSuite ERP, in addition to offering the best cost-benefit ratio, simplifies processes and keeps pace with business growth, with cloud solutions designed to meet all your business needs, increasing efficiency and minimizing the total cost of ownership, ensuring the best solutions for your company's current investment scenario.

 

2.) Business management is more precise and integrated with a single system for the entire company.

[TRUE]

 

One of the main advantages of implementing a cloud-based ERP management system is the precision in business operations and easy access from anywhere. If the manager is on a business trip, they can monitor what is happening locally in the company in an integrated and unified way.

However, if you are in a meeting and need specific information or a report, simply access the system to get that important data in real time. This ensures greater agility in company management and optimizes processes.

Furthermore, the Oracle NetSuite ERP system unites all the functions of order management, inventory, e-commerce, and CRM to simplify key business processes, from quoting to sales, allowing everyone in your company to work with a single system for sales, finance, HR, accounting, and customer information.

 

3.) ERP systems are only for large companies.

[MYTH]

 

Some organizations believe that ERP is only viable for large companies, especially growing companies, because entrepreneurs typically fear an investment without profit.

However, what many don't know is that the Oracle NetSuite ERP management system was designed to meet the demands of companies of all sizes, whether small, medium, or large. Therefore, the advantage of the solution is that it is highly scalable and integrated to meet the specific needs of each client.

Hosted on a secure and up-to-date infrastructure, it enables savings of 93% on IT costs associated with support, maintenance, and integration, without the need to switch to updates, as this happens automatically and at no additional cost. Furthermore, being 100% cloud-based allows companies to manage their business.

We know that another advantage is that the Oracle NetSuite ERP was designed to facilitate the user experience, offering business processes such as workflows, queries, detailed reports, and dashboards specific to each function, in an intuitive, easy, and quick way to use.

 

4.) The return on investment is quick, as is the implementation of the ERP system.

[TRUE]

 

However, the process of acquiring an ERP system is a decision that should be very well thought out. After choosing the system, one of the biggest concerns for managers is the time it takes to implement it.

Cloud-based ERP eliminates the need for lengthy local installations or system configurations across multiple machines. Therefore, the implementation time for the tool will not exceed a few weeks, including system installation and configuration.

Active Cloud Solutions has a highly qualified team of professionals, with project, support, maintenance, and development teams using agile and effective methodologies, in addition to guaranteeing extensive experience in ERP and CRM implementation projects for the largest and most complex Oracle NetSuite clients in South America.

We guarantee the agile implementation of projects with a dedicated support team and certified consultants. Our localization projects are accelerated and bring numerous benefits to our clients, making the software fully compliant with the needs of the Brazilian market.

 

Were you able to clear up your doubts about the main concepts of ERP?
Discover all the features and learn how companies are transforming their project management routines into results.
Speak with one of our consultants and learn more about this technology. We hope it will be your next investment!

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