How Customized ERP System Can Help to Grow Your Business

Integrating a customized enterprise resource planning system (ERP) always sounds overwhelming! However, when companies think of implementing, they think about the dark phase they may have to undergo for planning and implementing the system.

Hence, they end up using off-the-shelf ERP systems. Companies prefer using off-the-shelf ERP because it is,

• Cheaper than custom software
• Easy to use and ready to install
• It is well-tested before it is sold

But ultimately, they cannot give an edge to their business and face concerns about standing tall against their competitors. Some of the problems it includes are:

• It doesn’t meet all the business requirements
• It is rigid and difficult to modify
• Faces compatibility issues which make it either unusable or inefficient
• Already used by other competitors
• Includes unwanted features

Moreover, mismanaged and faulty information continues to spread as and when businesses consider ERP implementation. Questions around price, size, and accessibility arise because SMEs think ERP implementations are just for large enterprises with complex operations. But that really isn’t true!

Myths about ERP implementations:

• Off-the-shelf ERP possesses all sets of features that the company needs
• Customized ERP takes a long time to implement
• Only large companies benefit from using ERP
• You get immediate results
• Customized system is complex to upgrade

Don’t believe in the hype! A correctly implemented ERP solution makes more sense for SMEs looking to streamline their operations and grow their businesses.

Thus, customized ERP software can overcome all the problems faced by off-the-shelf ERP.

What is Custom ERP Software?

Custom ERP software is a specially designed tool made just for your business. Unlike generic systems that try to fit everyone, custom ERP solutions are tailored to meet your needs and work processes. This means it will integrate smoothly with your current systems, grow your business, and make your operations more efficient by automating tasks exactly as you need them. It’s like having a custom-made suit—it fits perfectly and looks just right!

How Does a Customized Erp Solution Help Boost Business Operations?

A customized ERP implementation enables one to view and share data to optimize and automate basic business operations. It possesses a modular architecture and can be modified as the business changes.

A customized ERP system integrates with the business units, monitors the workflow, identifies roadblocks, and maintains data integrity.

Advantages include:-

• Improved System Performance and Accessibility: When software is designed from scratch, it is developed by considering the requirements, which results in better application availability. If the requirements are modified, it is easy to add/remove modules as per the change in the business requirements. Develop Custom ERP software that gives you a competitive edge because it is uniquely built for the organization, which means other organizations cannot have the same software as yours.

• Enhanced User Interface: When there is a lot of data to analyze, ERP software whose UI is properly designed and increases users’ visibility is always needed. The data represented must be easily understood. Since the ERP solution is designed according to the company’s needs, you can rest assured that developers and analysts will make the necessary efforts to provide the best user experience.

• Cost-Effective for the Long Term: You might pay more to develop a custom ERP solution, but ultimately, it can save money in the long run as you do not have to pay licensing costs. Moreover, it is explicitly developed according to the requirements; you won’t have to replace it in a few years but can modify it as the requirements change.

• Brings Automation: Tracking an organization’s behavior, activities, sales, etc., is vital in evaluating business progress and setting future goals. As and when the business grows, it becomes difficult to calculate sales margin, profit ratios, and other factors. Customized ERP can automate most of the manual tasks, enabling employees to access shared data, thus increasing work productivity.

• No Change in the Workflow: Implementing off-the-shelf ERP software forces employees to change their workflow according to the software. However, a custom ERP solution can help avoid such a workflow. As software is developed according to business processes, employees can continue to implement uniform processes and workflow throughout the organization.

• Helps in Making an Informed Decision: With customized ERP, software developers connect all data with the various databases with hierarchical architecture. This provides accurate and timely data as required by the different departments in the organization. Authorities can have an overview of the ongoing operations, which helps them respond quickly to changing business scenarios. Hence, the quick and consistent data enables the department to make informed decisions.

You may have an overview of how customized ERP can be useful for the company. But how do you know when you need one?

The Scenario in which customized ERP fits the best below are some of the instances where you should always consider implementing customized ERP:-

• Unable to track the inventories
• Predicting sales is based on guess-work rather than data
• Unable to handle order hikes with the help of spreadsheets
• Digging out massive customer data is a priority

If you are experiencing the above-mentioned scenarios, it is time to invest in a customized ERP system to automate these processes.

Common Errors While Developing ERP Software

• Lack of Strategy: You must be clear about your business requirements and spend enough time understanding the needs of the business and defining the appropriate budget accordingly. Choosing the right ERP solution will play a key role in revolutionizing your business

• Focus on the Core Features: Generally, companies look for unnecessary features to implement. For instance, an extra module can download information from the official website to the system. Instead of focusing on the features that are of no use, you should list the features that provide a competitive advantage. For instance, reports can be created with one click.

• Making a Decision Based on Cost: Implementing ERP software in your company is a long-term investment! Rather than just checking out the cost and selecting the software, you must take time to explore various options and ensure that all the required features are implemented and meet your company’s needs.

• Not Choosing the Best Software Vendor: One of the company’s common mistakes is not choosing experienced and skilled software vendors. Choosing a partner who has in-depth knowledge and years of experience developing ERP solutions will help achieve rapid deployment cost-effectively and efficiently.

Final Thoughts: Custom ERP System

Implementing ERP solutions for the business can be pretty challenging. However, preferring custom solutions over off-the-shelf is just investing money, which will be beneficial in the long term. By buying a ready-made solution, you risk spending money on a solution that lacks important features.

Choosing a leading software development company with years of experience and hands-on skills in developing the right solution is always recommended. As your technology partner, SPEC INDIA will provide the right solution to ensure a smooth integration process.

So, are you ready to get started or still waiting? Drop us an email at [email protected]