{"id":4450,"date":"2018-06-13T10:40:40","date_gmt":"2018-06-13T10:40:40","guid":{"rendered":"https:\/\/www.openbusinesscouncil.org\/?p=4450"},"modified":"2022-04-26T10:15:10","modified_gmt":"2022-04-26T10:15:10","slug":"need-erp-sme","status":"publish","type":"post","link":"https:\/\/www.footballthink.com\/need-erp-sme\/","title":{"rendered":"Why Do You Need ERP For Your SME?"},"content":{"rendered":"
\"\"
Why do you need ERP for your small business entreprise<\/figcaption><\/figure>\n

Looking to improve collaboration and productivity?<\/strong><\/p>\n

Small and medium enterprises (SME) are increasingly using ERPs in today\u2019s competition, and for a good reason. Statistics suggest that as many as 81% of organizations<\/a> are either in the process of or have already implemented an ERP system within their organization. More, as many as 20% of these have been cases where an ERP solution has been used to replace a home grown system. So, what is it that makes a successful implementation of ERP\u00a0 important?<\/p>\n

Let\u2019s see what makes an ERP essential for a SME.<\/p>\n

Convenient Inventory Management<\/strong><\/p>\n

You have to undertake the various hassles related to storing, inventory strategizing, in-house SCM, arranging products for distribution and allocating batches. You can effectively carry out your inventory management through ERP software solutions like those at technologyevaluation.com<\/a>.<\/p>\n

Your business also achieves agile functionality due to well organized inventory which another reason for SMEs to use ERP.<\/p>\n

Eliminate Manual Work and Unnecessary Paper Processes<\/strong><\/p>\n

Many of the SMEs still rely on traditional processes which are no doubt outdated and obsolete. You get a redundant and inefficient system and storage of piles files turns to an operational issue. The time taken to consolidate reports and lack of accuracy are common issues faced by SMEs.<\/p>\n

Companies won\u2019t be able to thrive and grow in such an environment and you need ERP to streamline operations by cutting out manual labor. As a result, your costs are reduced; operational delays are eliminated and making room for satisfied customers.<\/p>\n

Improves Productivity and Growth<\/strong><\/p>\n

SMEs cannot compromise on the quality of their products and always need to strive to improve the production rate. The implementation of ERP software leads to a quick growth enabling you to assess best production processes. You can also optimize the production and use the ERP to adapt to changing market situations.<\/p>\n

Consolidate Processes for Improved Decision Making<\/strong><\/p>\n

Lack of communication and coordination creates negative business impacts for SMEs using standalone solutions. Management doesn\u2019t have access to complete and timely information with no real time visibility.<\/p>\n

ERP solutions can update consolidated, real time information at the navigation of your computer. The system makes you aware about every aspect of your business as an entrepreneur.<\/p>\n

Streamline your Processes<\/strong><\/p>\n

A better growth is a result of improved production processes. But if you have inefficient processes, your SMB is not going to survive in the competition. ERPs tailored for SMB sector are engineered to present important statistics based planning of processes and facilitate business development.<\/p>\n

Tackle Complex Tax and Regulatory Guidelines<\/strong><\/p>\n

Legal and tax complexities are a reality even for small SMEs. You can only handle such situations if you have standardized operations. Due to unexpected events you also may have to end up paying significant penalties.<\/p>\n

With a professional ERP you can always stay on top of taxation guidelines, currency conversion rules, regulatory changes and so on. \u00a0That\u2019s why you should go for an ERP solution even if you run a SME.<\/p>\n

An ERP can lead the way to international exposure too! All you need to do is to find the right ERP software and know just how an ERP system can help you. Have you started looking for one yet?<\/p>\n","protected":false},"excerpt":{"rendered":"

Looking to improve collaboration and productivity? Small and medium enterprises (SME) are increasingly using ERPs in today\u2019s competition, and for a good reason. Statistics suggest that as many as 81% of organizations are either in the process of or have already implemented an ERP system within their organization. More, as many as 20% of these […]<\/p>\n","protected":false},"author":7,"featured_media":4451,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":""},"categories":[25,1],"tags":[],"acf":[],"yoast_head":"\nWhy Do You Need ERP For Your SME? - OpenBusinessCouncil Directory<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.footballthink.com\/need-erp-sme\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Why Do You Need ERP For Your SME?\" \/>\n<meta property=\"og:description\" content=\"Looking to improve collaboration and productivity? Small and medium enterprises (SME) are increasingly using ERPs in today\u2019s competition, and for a good reason. Statistics suggest that as many as 81% of organizations are either in the process of or have already implemented an ERP system within their organization. More, as many as 20% of these […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.footballthink.com\/need-erp-sme\/\" \/>\n<meta property=\"og:site_name\" content=\"OpenBusinessCouncil Directory\" \/>\n<meta property=\"article:published_time\" content=\"2018-06-13T10:40:40+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-04-26T10:15:10+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.footballthink.com\/wp-content\/uploads\/2018\/06\/erp-software-in-Brunei-Darussalam.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1000\" \/>\n\t<meta property=\"og:image:height\" content=\"520\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Hernaldo Turrillo\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Hernaldo Turrillo\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.footballthink.com\/need-erp-sme\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.footballthink.com\/need-erp-sme\/\"},\"author\":{\"name\":\"Hernaldo Turrillo\",\"@id\":\"https:\/\/www.footballthink.com\/#\/schema\/person\/b9610afd0759dc701187a7f622375c23\"},\"headline\":\"Why Do You Need ERP For Your SME?\",\"datePublished\":\"2018-06-13T10:40:40+00:00\",\"dateModified\":\"2022-04-26T10:15:10+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.footballthink.com\/need-erp-sme\/\"},\"wordCount\":561,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/www.footballthink.com\/#organization\"},\"articleSection\":[\"News\",\"Open News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.footballthink.com\/need-erp-sme\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.footballthink.com\/need-erp-sme\/\",\"url\":\"https:\/\/www.footballthink.com\/need-erp-sme\/\",\"name\":\"Why Do You Need ERP For Your SME? - OpenBusinessCouncil Directory\",\"isPartOf\":{\"@id\":\"https:\/\/www.footballthink.com\/#website\"},\"datePublished\":\"2018-06-13T10:40:40+00:00\",\"dateModified\":\"2022-04-26T10:15:10+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/www.footballthink.com\/need-erp-sme\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.footballthink.com\/need-erp-sme\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.footballthink.com\/need-erp-sme\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.footballthink.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Why Do You Need ERP For Your SME?\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.footballthink.com\/#website\",\"url\":\"https:\/\/www.footballthink.com\/\",\"name\":\"OpenBusinessCouncil Directory\",\"description\":\"Openbusinesscouncil\",\"publisher\":{\"@id\":\"https:\/\/www.footballthink.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.footballthink.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":[\"Organization\",\"Place\"],\"@id\":\"https:\/\/www.footballthink.com\/#organization\",\"name\":\"openbusinesscounsil\",\"url\":\"https:\/\/www.footballthink.com\/\",\"sameAs\":[],\"logo\":{\"@id\":\"https:\/\/www.footballthink.com\/need-erp-sme\/#local-main-organization-logo\"},\"image\":{\"@id\":\"https:\/\/www.footballthink.com\/need-erp-sme\/#local-main-organization-logo\"},\"openingHoursSpecification\":[{\"@type\":\"OpeningHoursSpecification\",\"dayOfWeek\":[\"Monday\",\"Tuesday\",\"Wednesday\",\"Thursday\",\"Friday\",\"Saturday\",\"Sunday\"],\"opens\":\"09:00\",\"closes\":\"17:00\"}]},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.footballthink.com\/#\/schema\/person\/b9610afd0759dc701187a7f622375c23\",\"name\":\"Hernaldo Turrillo\",\"description\":\"Hernaldo Turrillo is a writer and author specialised in innovation, AI, DLT, SMEs, trading, investing and new trends in technology and business. He has been working for ztudium group since 2017. He is the editor of openbusinesscouncil.org, tradersdna.com, hedgethink.com, and writes regularly for intelligenthq.com, socialmediacouncil.eu. Hernaldo was born in Spain and finally settled in London, United Kingdom, after a few years of personal growth. Hernaldo finished his Journalism bachelor degree in the University of Seville, Spain, and began working as reporter in the newspaper, Europa Sur, writing about Politics and Society. He also worked as community manager and marketing advisor in Los Barrios, Spain. Innovation, technology, politics and economy are his main interests, with special focus on new trends and ethical projects. He enjoys finding himself getting lost in words, explaining what he understands from the world and helping others. Besides a journalist, he is also a thinker and proactive in digital transformation strategies. Knowledge and ideas have no limits.\",\"url\":\"https:\/\/www.footballthink.com\/author\/hturrillo\/\"},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.footballthink.com\/need-erp-sme\/#local-main-organization-logo\",\"url\":\"https:\/\/www.footballthink.com\/wp-content\/uploads\/2017\/04\/logo_big.png\",\"contentUrl\":\"https:\/\/www.footballthink.com\/wp-content\/uploads\/2017\/04\/logo_big.png\",\"width\":1161,\"height\":250,\"caption\":\"openbusinesscounsil\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Why Do You Need ERP For Your SME? - OpenBusinessCouncil Directory","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.footballthink.com\/need-erp-sme\/","og_locale":"en_US","og_type":"article","og_title":"Why Do You Need ERP For Your SME?","og_description":"Looking to improve collaboration and productivity? Small and medium enterprises (SME) are increasingly using ERPs in today\u2019s competition, and for a good reason. Statistics suggest that as many as 81% of organizations are either in the process of or have already implemented an ERP system within their organization. More, as many as 20% of these […]","og_url":"https:\/\/www.footballthink.com\/need-erp-sme\/","og_site_name":"OpenBusinessCouncil Directory","article_published_time":"2018-06-13T10:40:40+00:00","article_modified_time":"2022-04-26T10:15:10+00:00","og_image":[{"width":1000,"height":520,"url":"https:\/\/www.footballthink.com\/wp-content\/uploads\/2018\/06\/erp-software-in-Brunei-Darussalam.png","type":"image\/png"}],"author":"Hernaldo Turrillo","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Hernaldo Turrillo","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.footballthink.com\/need-erp-sme\/#article","isPartOf":{"@id":"https:\/\/www.footballthink.com\/need-erp-sme\/"},"author":{"name":"Hernaldo Turrillo","@id":"https:\/\/www.footballthink.com\/#\/schema\/person\/b9610afd0759dc701187a7f622375c23"},"headline":"Why Do You Need ERP For Your SME?","datePublished":"2018-06-13T10:40:40+00:00","dateModified":"2022-04-26T10:15:10+00:00","mainEntityOfPage":{"@id":"https:\/\/www.footballthink.com\/need-erp-sme\/"},"wordCount":561,"commentCount":0,"publisher":{"@id":"https:\/\/www.footballthink.com\/#organization"},"articleSection":["News","Open News"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.footballthink.com\/need-erp-sme\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.footballthink.com\/need-erp-sme\/","url":"https:\/\/www.footballthink.com\/need-erp-sme\/","name":"Why Do You Need ERP For Your SME? - OpenBusinessCouncil Directory","isPartOf":{"@id":"https:\/\/www.footballthink.com\/#website"},"datePublished":"2018-06-13T10:40:40+00:00","dateModified":"2022-04-26T10:15:10+00:00","breadcrumb":{"@id":"https:\/\/www.footballthink.com\/need-erp-sme\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.footballthink.com\/need-erp-sme\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.footballthink.com\/need-erp-sme\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.footballthink.com\/"},{"@type":"ListItem","position":2,"name":"Why Do You Need ERP For Your SME?"}]},{"@type":"WebSite","@id":"https:\/\/www.footballthink.com\/#website","url":"https:\/\/www.footballthink.com\/","name":"OpenBusinessCouncil Directory","description":"Openbusinesscouncil","publisher":{"@id":"https:\/\/www.footballthink.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.footballthink.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":["Organization","Place"],"@id":"https:\/\/www.footballthink.com\/#organization","name":"openbusinesscounsil","url":"https:\/\/www.footballthink.com\/","sameAs":[],"logo":{"@id":"https:\/\/www.footballthink.com\/need-erp-sme\/#local-main-organization-logo"},"image":{"@id":"https:\/\/www.footballthink.com\/need-erp-sme\/#local-main-organization-logo"},"openingHoursSpecification":[{"@type":"OpeningHoursSpecification","dayOfWeek":["Monday","Tuesday","Wednesday","Thursday","Friday","Saturday","Sunday"],"opens":"09:00","closes":"17:00"}]},{"@type":"Person","@id":"https:\/\/www.footballthink.com\/#\/schema\/person\/b9610afd0759dc701187a7f622375c23","name":"Hernaldo Turrillo","description":"Hernaldo Turrillo is a writer and author specialised in innovation, AI, DLT, SMEs, trading, investing and new trends in technology and business. He has been working for ztudium group since 2017. He is the editor of openbusinesscouncil.org, tradersdna.com, hedgethink.com, and writes regularly for intelligenthq.com, socialmediacouncil.eu. Hernaldo was born in Spain and finally settled in London, United Kingdom, after a few years of personal growth. Hernaldo finished his Journalism bachelor degree in the University of Seville, Spain, and began working as reporter in the newspaper, Europa Sur, writing about Politics and Society. He also worked as community manager and marketing advisor in Los Barrios, Spain. Innovation, technology, politics and economy are his main interests, with special focus on new trends and ethical projects. He enjoys finding himself getting lost in words, explaining what he understands from the world and helping others. Besides a journalist, he is also a thinker and proactive in digital transformation strategies. Knowledge and ideas have no limits.","url":"https:\/\/www.footballthink.com\/author\/hturrillo\/"},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.footballthink.com\/need-erp-sme\/#local-main-organization-logo","url":"https:\/\/www.footballthink.com\/wp-content\/uploads\/2017\/04\/logo_big.png","contentUrl":"https:\/\/www.footballthink.com\/wp-content\/uploads\/2017\/04\/logo_big.png","width":1161,"height":250,"caption":"openbusinesscounsil"}]}},"_links":{"self":[{"href":"https:\/\/www.footballthink.com\/wp-json\/wp\/v2\/posts\/4450"}],"collection":[{"href":"https:\/\/www.footballthink.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.footballthink.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.footballthink.com\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/www.footballthink.com\/wp-json\/wp\/v2\/comments?post=4450"}],"version-history":[{"count":3,"href":"https:\/\/www.footballthink.com\/wp-json\/wp\/v2\/posts\/4450\/revisions"}],"predecessor-version":[{"id":19788,"href":"https:\/\/www.footballthink.com\/wp-json\/wp\/v2\/posts\/4450\/revisions\/19788"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.footballthink.com\/wp-json\/wp\/v2\/media\/4451"}],"wp:attachment":[{"href":"https:\/\/www.footballthink.com\/wp-json\/wp\/v2\/media?parent=4450"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.footballthink.com\/wp-json\/wp\/v2\/categories?post=4450"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.footballthink.com\/wp-json\/wp\/v2\/tags?post=4450"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}