5 Advantages To Optimizing Your ERP In The New Norm

As the world continues to recover in the post-pandemic landscape, businesses are looking for reliable ways to respond and improve their technology performance. Enhancing existing ERP systems with modular support mechanisms has helped ease enterprise difficulties, including a lack of organizational flexibility and transparency of real-time business events. Whether your organizational needs are industry-specific or a tailored and responsive solution as new challenges arise, innovation with unique ERP modules is helping businesses cut rising costs, fulfill demand, continue to meet customer expectations, and so much more. Here are 5 advantages of optimizing your ERP in the new norm.

It’s no secret that companies continue to be drastically affected by the unpredictability in the supply chain. Improvements can be made to your existing purchasing process using an ERP procurement module to help you overcome commerce challenges and bolster your procuring resiliency. Vendor relationships are a critical component of procurement teams and vital to overall company success.

In a time of limited travel, procurement tools help companies who are unable to physically visit with vendors focus digitally on essential materials and goods while protecting the integrity of vulnerable interactions. Holistically, procurement modules improve the entire purchase-to-pay process by reviewing suppliers and assessing their ability to meet demand when needed. In addition, procuring modules create opportunities for structural changes that allow for the engagement of more than one supplier, reduced procuring lifecycle time, better control over costs, enhanced supplier collaboration, and so much more.

Optimized ERP systems are helping companies minimize the impact of reduced staff. ERP systems have robust optimizations that allow businesses to tailor unique labor needs into reality and manage workplace shortages more efficiently. When optimized, ERP systems can utilize process automation capabilities that increase workforce agility, including automating manual processes and repetitive tasks, making these tools an innovative way to manage worker shortages. The benefits of process automation tools include the reliable delivery of complex processes, increased productivity, reduced human error, and improved quality. For businesses looking to streamline staff, ERP manufacturing tools sometimes work to eliminate positions altogether, such as onboarding processes. 

Real-time inventory data and visibility are key in post-pandemic environments for businesses to stay competitive in the new norm. Enhancing your inventory management ERP module means your team can leverage the power of automation to control operating costs by intelligently calculating stock levels and buying only what you need, lowering spending. Supply insight with modules like inventory management also gives you greater control of your environment to predict, more correctly, product lead times. As the world continues to adjust to the new normal, businesses are working towards new methods of standardization, including the ability to avoid merchandise shortages. Predictive capabilities help businesses engage suppliers, and more accurately forecast to meet supply and demand. With intelligent ERP modules like inventory management, businesses can minimize lost sales opportunities and order or refill products automatically to avoid exploits from vendors during high-demand cycles. By providing consistent value and streamlined service to customers, businesses see retention in buyers, minimized missed sales opportunities, and have a competitive edge during a landscape of rapidly changing demand.

Optimization of your ERP system provides businesses with the transparency needed for greater control of regulatory compliance requirements and ability to mitigate risk and compromise across your enterprise. With more employees working remotely, it is critical for endpoint devices to be secure and compliant. Mitigation of security threats is a continuous threat to enterprises. The benefits of compliance controls include comprehensive security features such as single sign-on and hardening. 

Restructuring to adapt to new norms and standards is inevitable for businesses. ERP optimizations introduce improved ways to engage with end-users and customers to strengthen relationships and enhanced service. Optimizations improve interactions that may include internal communications between teams, workflow, transactions, and more, by introducing better access to information, automated responses and follow-ups to customers. Automated ERP systems support faster communication, increasing your team's satisfaction and productivity.

Is it time to optimize your ERP system? At Adjacent Solutions, we work with customers to understand how recent changes in the economy have impacted their business. We strive to provide a comprehensive and customer-focused approach to optimizing your ERP system and provide an array of solutions and managed services support. If your environment is facing a challenge brought on by the new norm or if you have questions about our managed services support, we can help. Contact us at AdjacentSolutions.com or (469) 998-4500 to speak with a consultant today.