Many businesses are running with outdated ERP systems, not knowing the warning signs of when it’s time to update. ERP systems can contribute hugely to the efficient running of your business, but an out of date system is likely to be slowing you down.
ERP systems can be an investment, so it’s crucial to make sure you’re using one which is the right fit and is working as hard as possible for your business.
So, how can you know when it’s time to upgrade your ERP system?
It’s no longer supported by its vendor
Your system may be functioning to some level, but if your manufacturer no longer supports it- it’s time to upgrade. For businesses trying to get back on their feet, efficiency is crucial. If your ERP system displays an error, or worse, crashes completely, what do you do if its vendor no longer supports the system and can’t help?
Replacing the system would take some time, and it’s likely your business can’t afford to operate with no ERP at all. To avoid a disastrous stopgap, it’s best to upgrade to a system which the manufacturer supports.
Your system is slowing your teams down
Are you receiving regular complaints from your employees about your system being hard to use, clunky and inefficient? Time to upgrade.
The serviceability of your system is vital, so if your ERP system is slowing down your team’s productivity, you’re due an upgrade to a more efficient, user-friendly software.
Its not cloud compatible
Industries the world over rely on cloud-based software, and for good reason. It’s more flexible, efficient, and affordable. There are significant benefits to be drawn from operating a cloud-based system, which by operating with an on-premises ERP, your business is losing out on.
To experience the benefits which really make an ERP system worth having, start exploring cloud-based options to upgrade to.
Poor integration options
Your business will run to its best efficiency if all your key software is integrated into one system. For example, your CRM and sales software can be integrated into an effective ERP, meaning all your data is centralised and automatically integrated- giving you more reliable data and better oversight.
If your ERP system doesn’t comply with your other software to provide seamless integration, there are better options available.
So, when is it time to upgrade your ERP system? The bottom line is your ERP should speed you up, not slow you down. ERP systems have massive potential to transform your business, so if you and your employees are navigating your way around a clunky system which isn’t cloud-compatible and can’t seamlessly integrate with your other software, it’s time for a change.
Want to learn about how Workhorse used cloud-based software to transform your business? Find out more today.