ERP systems in UAE have become a foundation for many companies over the past decades. Benefits of having an ERP software is far greater than the initial cost and the time and effort associated with incorporating the software into your organization. In a constantly changing/developing market, ERP software has also need to improve based on customers’ needs. ERP software in UAE is getting more popular in the past decades due to various reasons; let us check some of the reasons for its popularity.
1) Increase in ERP Software adoption by Smaller Business
There was a misconception about ERP software that it is too expensive and only suitable for big organisation, the reasons for this was not much option(s) to choose from. Over the last five years more and more smaller companies in UAE have adopted ERP software for their business. ERP software Companies in Dubai like Brainsphere IT solution provides ERP system for Small, Medium and Large sized organisations. Whether on Server or Cloud, Small Businesses have many options to choose from. They can customize the ERP software based on the requirements; this has made more Small and Medium-sized businesses to consider implementing ERP software.
2) Keeping up with the Competition – Business advantage through technology
ERP has become de-facto standard for any company looking to remain competitive, as increasingly organizations look to technology to gain competitive advantages.
3) Growth and Reliability
This is one of the main reasons for the popularity of ERP software. A cloud ERP system provides great flexibility and security to data and better business continuity/recovery possibilities in the event of any unforeseen disaster. It supports the organisations demand for growth in a very cost effective manner (pay as you go/Opex friendly).
Cloud based ERP systems also offer easy access of the data to it’s the users and eliminates the need for additional hardware devices like servers. In addition, the Total Cost of Ownership (TCO) is much lesser and hassle free to adopt.
4) Mobility and flexibility
ERP solutions like Brainsphere’s ERP provide great advantages like having access to a centralized database from anywhere you work. Office or home through the mobile-friendly solution and application you can access your data from any part of the world. Modern ERP systems are robust and flexible, it does not come as only a one fit system for all requirement but can customized as per the requirements of an Organisation. Best ERP software can be adapted to the changing need of growing business by making sure that you don’t have to buy different software solutions when you expand your business
5) Enhanced security
Data security is the biggest concern for companies and individuals, ERP software companies offer Top security standards than any other typical in-house IT department. An ERP software can improve the Security consistency and accuracy of data, all through built-in firewalls and other security resources (encryption, VPN etc.). In a good ERP software that follows the industry standards, your data is protected in such a way that nobody can access it without the right access privileges on the system.
6) Integrated Systems Reports & Decision making based on facts
ERP software helps in improving reporting further making it customized and easier to understand. With a popular ERP system that follows industry standards, you can make accurate and fast decisions by utilizing the reliable information gathered from current and historical data, which are converted into the most appropriate information pointers. The Business Intelligence (BI) and Key Performance Indicators (KPI) modules of the ERP Software provides the birds-eye view of the current status of the processes as well as the projections and trends. It immensely helps to take strategic business decisions and respond more effectively to the changes in demand. The advancement in improved and enhanced reporting capabilities of an ERP solution, your organization can easily respond to queries and decision making (Informed decisions).
7) Increase in Productivity and efficiency
ERP system helps in controlling your organization’s costs efficiently, saves your time and even increases the productivity of overall. It further implies that you will be able to manage your whole business organization effectively. ERP Software also improves the productivity of a company’s managers and employee.
8) Improved Customer Service
Your Clients can also avails several benefits from the utilization of an ERP software. Since client information is streamlined and centralized, your sales department can focus on maintaining good relation with customers utilising the trends and forecasts. A right ERP solution can be used for various marketing activities, and this relates to processes that include lead generation and customer acquisition to after sales service and customer retention. End of the day, it can help you to better communicate with your customers and clients through all stages of the process.
9) Simplified Regulatory Compliance
Your company is spending a large amount of time to comply with regulations related to various levels (local, regional, international. A good ERP system can help to be in compliance always by better reports that are derived from reliable and accurate data.
10) Improved Inventory
Right balance between inventory and production are critical for any organisation. You can also benefit from improved management in these areas with the implementation of a right ERP system that can be used to simplify the task of reducing overages, improving production and delivery schedules and more.
The decision to move to an ERP as well as to decide which ERP system to obtain are crucial, it cannot be taken lightly. By defining your requirements and matching it with the features of a system will help you to take the best ERP solution in Dubai that fits your needs.