What does a large business require from an ERP software?

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A large business’ requirement differs from other size software and vice versa. ERP software are of many type that run small business and other that are made for large business. So what is it that a large business require from an ERP software, the work process differs as it is a large business and it will have more number of departments, functions and employees.

There are several software tailor made for large business but you will require to find the right software for your business as not every ERP software is going to be suitable for your business nor will it provide all that you need.

Here is a list of things that a large business requires from an ERP software:

  1. Efficiency

ERP software for large business must be efficient enough so you can have more work done within a short period of time. ERP eliminates repetitive process in the business and reduces all delay done by manual work. It must be able to collect data as fast as possible and report and update it all in a very short period of time or make it all happen in real time.

 

  1. Forecasting

Accuracy in forecasting is an important part of ERP functions. Your ERP software must have all the tools to make accurate forecast as accurate reports are extremely important when it comes to managing business.

 

  1. Competition

Your ERP must be able to help you with your competition. Any business faces competitors and an ERP must be able to contribute in competing which can be done by helping in managing business better and bringing progress in business.

 

  1. Flexibility

A large business has a high chance of expanding and an ERP software must be flexible enough to expand along with the business to manage it. It must not be rigid software that requires extra customization or change of an entire software in case your business scale increases.

 

  1. Integrated information

An ERP software must be able to integrate easily with other existing software. This way you will not have to waste your time in extracting information from each one of them separately, instead you will only have to login one software and get all the information at one place.

 

  1. Cost effective

Large business or any other business finds ways on saving and if an ERP can contribute in that, then it is a right software for your business. An ERP software must be able to reduce cost in every area by improving your business, tracking expenses and reducing work for your employees so ultimately you require less number of employees for taking care of the functions.

 

  1. Reporting

Reporting must be easy and more customizable. The best type of reporting an ERP can provide is real time reporting which can be beneficial in several ways as that can help in better and instant decision making and also allows you to have accurate information anywhere you are.

 

  1. Productivity

An ERP software should be able to accelerate productivity for your business. Business employees requires a software that can increase productivity for easier business and faster business in a short period of time. This makes the functions simpler and allows you to stay stress free from pending work.

 

  1. Customer service

Customers are the most important part of your business and it is necessary to give them a good experience to gain loyalty. ERP software must come with CRM (customer relationship management) module that manages your customers by tracking their purchases, keeping an account of their profile, etc. This helps you manage your customers and sort them loyalty points so they get more interested in doing business with you.

 

  1. Security

Large business more than the small ones have many threats and it is highly necessary to have a strongest kind of security that you can find. An ERP software must come with a bank level security so no one can hack it and your information remains safe. It should be able to provide you as much privacy aa possible so no unauthorized access can take place.

 

Reach ERP software

Reach ERP software is one of the best ERP software provided by the market. It is one of the most reliable and trustworthy software. It is a one stop solution for any kind of business. Reach customizes with any business with ease and is a powerful software yet extremely easy to use. Reach ERP manages all your business functions like project management, inventory, accounting, bank synchronization, expense tracking, etc.

Features of Reach ERP

  • Dashboard
  • API
  • Invoicing
  • Inventory management
  • Accounting
  • Billing
  • Real-time update
  • Bank synchronization
  • Multi company
  • Multi branch
  • Multi lingual
  • Expense tracking
  • Purchase order management
  • Mobile app
  • Auditor view
  • Addons, etc

Advantages of Reach ERP

  1. One stop solution

Reach is a complete solution it is not a mere ERP package but is a complete software that integrates with all the modules to manage a business entirely.

 

  1. Customization

Reach customizes with any business. This makes it easy for you to use it whi9ch also helps you utilize it to the fullest

 

  1. Integrates with ease

Reach ERP integrates easily making the workflow accelerate. It makes a harmonized environment between all the software so you can work faster and get all your information from one software instead of having to run from one software to the other to get updates.

 

  1. Customer support

Reach provides customer support throughout so even after purchase if you happen to face any issue Reach will always have your back.

 

  1. Accessibility

It is highly accessible as Reach ERP is cloud based thus you can access it from anywhere and any device. This allows you to manage your business from wherever you are making it easier for you to run all the branches and companies from any place without giving frequent visits.

 

  1. Safety

It provides maximum security. Reach comes with bank levels security of 256 bit encryption and also provides accessibility restriction menu so you can enjoy more privacy and stay safe from unauthorized access. It also comes with free anti-virus and also has auto data backup every 3 hours.

 

For 15 days free trial click on>> Demo

 

I’m a tax expert with over 10 years of professional experience. I’ve gained practical insights on GST and other Taxes during my tenture as a Tax expert and GST Trainer in Reach Accountant.

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