Benefits of ERP
What are the benefits of an Enterprise Resource Planning (ERP) platform?
The implementation of a comprehensive enterprise resource management platform or ERP has a wide impact on the company and has many benefits. But what are these benefits and where do they show themselves? Let’s learn more about the effects of ERP in the company.
What do the numbers say?
23%
Average reduction in operational costs and 22% reduction in management costs after ERP implementation
58%
Of small to medium companies were more likely to invest in cloud implementations for ERP.
88%
Average reduction in operational costs and 22% reduction in management costs after ERP implementation
24%
Of organizations consider their enterprise resource management system as one of the reasons for their success.
80%
Of organizations are told that the consolidation of organizational data in one point, which is done by the organizational resource management system, has allowed them to produce new applications and tools for their business.
28%
Of organizations cover their installation costs in one year, and more than 58% of organizations in less than 2 years (break even). However, for 15% of organizations, this issue can take up to 3 years.
23%
Of organizations prefer cloud systems over systems installed on personal servers.
89%
Of companies consider accounting to be the most important module. Warehousing, customer relations and sales are next.
95%
Businesses have achieved major improvements and growth after using an enterprise resource management system. Reducing the time needed to carry out processes, increasing cooperation and integrating all organizational data have been introduced as the main reasons for these developments.
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