Characteristics Every Startup’s ERP System Needs
Table of Contents
Characteristics Every Startup’s ERP System Needs
It is a fact, startup businesses have special needs when it comes to choosing an Enterprise Resource Planning (ERP) system. Your business is still growing, so you want an ERP that’s on the basic end of the spectrum with the option to extend its functionality over time. You always want a good technical core that can run on multiple system platforms. This way, you know your entire company will be able to use the ERP, making implementation simple.
Before implementing a new ERP, you need to know what your reason is for implementing. Is productivity your focus? Are you looking to increase visibility across different departments? Perhaps you’re needing a tool that fosters faster collaboration across teams?
As a startup, you might have a small amount of staff carrying a lot of job responsibility. An ERP should be able to address occupational roles as well as accommodate for future reporting.
What Characteristics Should A Good ERP Have?
Central Common Database
One of the most important aspects of a good ERP system is a centralised database management system. All data is entered one time, and then all departments are able to use the data. You want to avoid a distributed database, as it leads to problems with duplicity and inconsistencies.
Flexible and Scalable Design
Your startup is dynamic, so you need a flexible ERP that can keep up with your company’s changing needs. You should be able to attach and detach modules whenever needed without any of the other modules being affected. The ERP should be able to connect with other entities within your organisation.
Modular Design
ERP software with a modular design should be able to incorporate various business modules, such as accounting, finance, and distribution. The modules remain separate, but their integration allows for a flow of data between each one.
Do you have a good support system for implementing your ERP? Are you interested in learning more about various ERP software? We can help you find the right one for your startup. Contact us today to learn more.
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SAP Business One is an affordable Enterprise Resource Planning (ERP) software designed for small to midsize businesses. As a business management solution, SAP B1 streamlines business processes, provides real-time information, and help boost overall business performance. The solution covers finance, sales, customer relationship, purchasing, procurement, inventory and manufacturing in one centralised system, enabling accurate and precise information retrieval that assist in reporting, forecasting and analysis.
SAP B1 Modules:
- Accounting
- Sales
- Warehouse & Production
- Purchasing & Procurement
- Inventory & Distribution
- Reporting & Admin
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