Last week, we took a look at the risks and rewards presented to companies attempting to globalize. We also reviewed how ERP software can respond to these and assist in building the solid foundation needed for successful globalization on an international scale. Click here to read our last blog.
The simple truth is that enterprise resource planning (ERP) systems are foundational to mid-sized global business success. With that in mind, let’s dive deeper into the factors that lead to this success and can assist you in finding an ERP system that meets your needs. The ERP selection and implementation processes must be carefully prepared and planned, and these factors can help guide you in those processes.
ERP Success Factor #1: Agility
Global competition is tough, and a business must be able to beat out the competition in terms of reaction time and efficiency. In essence, it is all about being agile. Agility can be achieved with ERP software that keeps up with functional and technical demands of globalization. Flexibility and simplicity are essential in solutions that can keep up with complex application areas and diverse business processes.
ERP Success Factor Needed #2: Suitability
Be careful that your ERP system is suitable for the needs you have to become more globalized. Some systems are overly cumbersome and expensive and were designed specifically for large corporations with unnecessary robust functionalities that are costly to a business your size. A suitable ERP system should be modular, meaning it is available in different versions. This will allow all requirements to be accurately met while also being scalable. In addition, the solution should be quick and straightforward in how it is implemented. Standard processes should be pre-configured for ease of use, and these processes should be able to be adjusted quickly and on an individual basis. User operations should be simple, straightforward, and easy to use.
ERP Success Factor #3: Integration
For mid-sized businesses that want an international presence, they cannot waste time using a variety of separate systems. Instead, their ERP system should integrate all of the company’s management processes in a global database and give users access to this information in one standard system. Integrating resources, information, and knowledge increases efficiency and allows for speedy reaction to new market trends.
Learn more about PositiveVision’s ERP system offering: Sage 300 ERP here. Then, download our whitepaper “Success On An International Scale: What An ERP System Can Offer” for more information about globalizing including helpful international strategy checklist.
PositiveVision is a full service software consulting firm dedicated to bringing trust, commitment and care back to business software consulting. Our mission is to simply help small to mid-sized businesses with their software to make them more profitable. Using our team to differentiate our products and services, we seek to develop the most innovative, easy to use and efficient solutions including Sage 300 ERP (formerly known as Sage ERP Accpac); Sage PFW ERP, Sage CRM, Sage 50-U.S. Edition (formerly known as Sage Peachtree), Business Intelligence (BI) applications; ERP Manufacturing Software; Warehouse Management Systems (WMS); and more.