Are you thinking of investing in SAP ERP software? It’s definitely not an easy decision to make. But is it worth it? The answer is YES.

An SAP ERP solution can be a major asset for a company. For example, it can make your business run more smoothly by protecting and unifying your data, automating business processes, and producing easy-to-understand trends. These and a number of other capabilities will make your company’s operations and planning much more efficient.

1. Rapid Deployment Capabilities Allow for Effective ERP System Upgrades

A recent study indicated that SAP customers have a roughly 70-30 chance of achieving a successful project with just about a quarter (29%) of the respondents indicating that their project failed to achieve the business objectives. Given that SAP ERP systems support a company’s key business operations, failing to reach an ERP project’s goals can have a devastating impact on the bottom line, a CIO’s effectiveness, and the progress of any business strategy.

SAP ERP solution gives you the ability to see through your business with modules covering supply chain, CRM, inventory, distribution, MRP, production, account, projects, sales, HR, warehousing, reports, and more.

2. Real-time Data Visibility Enhances Operational Efficiency

Visibility into the business is a hot topic for many manufacturers, especially those that currently rely on outdated processes or have overlooked the importance of rapid access to business data for enhancing business efficiency and delivering operational performance improvements. Access to real-time information and a single source of truth allows manufacturers and key trading partners to improve decision accuracy based on the same set of information. This is superior to a scenario where manufacturers rely on manually intensive efforts to access and exchange information, or where data resides across multiple technology systems. More agile and effective information visibility strategies result in more accessible and actionable information across the organization. With greater access to real-time production, financial, supply chain, and other data, manufacturers and their trading partners are in a better position to deliver innovative products, drive critical manufacturing processes and provide a positive customer experience.

3. Customizing an SAP ERP System

Nowadays, most SAP ERP vendors offer several applications that you can implement together in accordance with your business’s specific needs. In other words, you can choose the components that work best for your company and leave out those you don’t need.

The manner in which the software is implemented represents yet another aspect of customization. The two major means of deployment are either through a cloud or on your company’s premises. If you choose to deploy through a cloud, the software will be handled off-site by an SAP ERP provider. However, if you choose to deploy on your own premises, you will need to purchase and install physical software on all your company’s servers and computers.

4. Reduced Cost

Even though ERP software is a substantial investment, it can actually reduce costs in the long run. For example, instead of investing in several different systems that require infrastructure, staff, licenses, and support, you can focus on investing in a single efficient SAP ERP solution. In addition, using a single system reduces training requirements for end users.

5. Improved Collaboration

If you want your business to thrive, you must have strong collaboration between the company’s departments. Of course, this collaboration requires more effort and time. For this reason, teams usually tend to work in silos.

However, using an SAP ERP solution will streamline the process of collaboration by providing employees from all departments with access to the information they need anytime, anywhere.

The fact that data from each department is in a single centralized location makes communication across the entire company much more efficient. This is because every employee can access company data and get a clearer big picture. This in turn enables them to become more engaged and proactive. As a result, overall employee productivity improves.

Does this answer your questions?

You can connect with me at +2348100680717 or send an email to olamide@r3consultingltd.com to select the best SAP product for your industry.