Can ERP systems save you money?
Enterprise Resource Planning (ERP) systems are software platforms that help businesses manage and integrate their enquiries, contracts, buying, operations, reporting, manufacturing, shipping and invoicing activities. While the initial cost of implementing many ERP system may seem daunting, the long-term benefits can actually save your business money in the long run.
We've designed Fraction ERP to take away one of these major concerns; the initial cost. Before I come back to this, let me share with you a number of ways that an ERP system can help save you money.
Improved Efficiency and Productivity
One of the key benefits of an ERP system is improved efficiency and productivity. By streamlining processes and integrating different departments within your organisation, an ERP system can eliminate manual data entry, reduce errors, and improve collaboration among team members. This can save your business time and money by increasing productivity and allowing employees to focus on more strategic tasks.
Our visual scheduling boards allow for easy factory planning
Better Decision Making
ERP systems provide real-time data and analytics that can help you make better decisions for your business. With accurate and up-to-date information at your fingertips, you can more effectively track performance, identify trends, and optimise business processes. This can lead to cost savings by reducing waste, improving resource allocation, and identifying opportunities for growth.
Cost Reduction
ERP systems can help businesses reduce costs in several ways. By automating processes and eliminating manual tasks, businesses can save on staff costs. Additionally, by optimising inventory management and supply chain processes, businesses can reduce excess inventory, minimise stockouts, and lower storage costs. ERP systems can also help businesses to identify areas of inefficiency and waste, allowing them to make strategic decisions to further reduce costs.
Reducing Mistakes
If you are using spreadsheets and paper based systems, the likelihood of making mistakes increases. From making the wrong product, producing the wrong quantity or missing a deadline, avoiding these kinds of mistakes stops you from losing money. An ERP system is designed to make your life easier.
In conclusion, while implementing an ERP system can require an upfront investment of time and money, the long-term benefits can ultimately save your business money. From improved efficiency and productivity to better decision-making and cost reduction, ERP systems offer a range of advantages that can help your business achieve financial success.
And that takes us nicely back to what makes Fraction ERP different from many of the current options in the marketplace:
- Low cost monthly subscription. We don't charge for support, shop floor users are free and you can start your subscription with just two users.
- Easy to learn. We've made Fraction ERP as easy as possible to learn. By talking to us, using our support site and following our workflow you can get up and running in just a few hours.
- Free two week trial. To help you make an informed decision, you can organise an online demo with us and then take our free two week trial. Put some of your parts and orders through Fraction and see if it is a good fit for you.
To organise a demo, simply fill in the form below.