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When should you invest in ERP?

When should you invest in ERP?

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When should you invest in ERP?

When to invest in ERP? This is a question many people have. To help answer this question, we present a video and a summary of the interview conducted with Jim McGeever, President of NetSuite, and Jason Maynard, SVP of Marketing at NetSuite, during SuiteWorld 2018, NetSuite's annual event for partners and clients. The interview was conducted by Ramon Ray, founder and editor of Smart Hustle Magazine. smallbiztechnology.com.[/vc_column_text][vc_column_text]

The summary

When asked when it's time to invest in ERP, executives advised: As soon as possible.

Some companies say they are too small for an ERP solution and, when they start to grow, they need to upgrade. If they have ERP from the beginning, the growth process will be much smoother.

Many companies believe that when they start hiring people and doing things internally that they used to outsource, it's time to consider implementing an ERP system.

When you have multiple applications and find yourself working in spreadsheets more than spending time with your clients or creating products, it's time to consider ERP. Another indication is when you open a second location or make a new hire, such as a senior executive.

Another possibility is evaluating the importance of e-commerce and online sales, which NetSuite also helps companies do.

NetSuite statistics show that companies that are selling online are often growing much faster than those that are not selling online.

Therefore, regardless of the size and focus of your business, it's always possible to invest in ERP and achieve good results in your management and sales processes.

The full video

[vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_video link=”https://youtu.be/Tz6yynz4gqk”][/vc_column][/vc_row][vc_row][vc_column][vc_column_text]Want to learn more about what Oracle Netsuite can do for your company?[/vc_column_text][/vc_column][/vc_row] Contact us with an Active Cloud Solutions specialist.

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