ERP Implementation & Enhancements
Remove variability in your costs and deliver on constantly improving KPIs and SLAs. Save application maintenance costs that constitute nearly 90% of tech-related costs.
Benefits of ERP Software
By Kris Blackmon
It’s a good time to be in the midmarket. Historically, technology has taken its sweet time trickling down from the enterprise level, through the midmarket, and into the small and midsize business (SMB) space. But in the digital era, when every company is a technology company, tech vendors and their sales channels are turning their attention from the saturated enterprise market to the gigantic opportunity presented by the midmarket.
The definition of midmarket companies varies widely, but we can safely say that businesses that have between 50 and 1,000 employees fall in that category, as do organizations that claim revenue between $100 million and $3 billion. This is a very large market that is a greenfield opportunity for a lot of technology vendors and third-party managed service providers (MSPs).
Why ERP Software Is Important for Growth
In order to grow, there’s really no way around having to invest in an ERP system. You can’t increase the number of customers and data you manage within the same disparate systems. Excel sheets can only take you so far.
In addition to growing your base business, it can be exceedingly difficult to execute a necessary pivot in a business model when your systems don’t talk to each other.
In the end, the major benefit from an ERP installation is efficiency.
ERP software eliminates duplicate processes and manual touchpoints.
These benefits are all pretty obvious, but there are three other areas where ERP generates profit in slightly more nuanced ways.