Should You Invest In An ERP Solution Inexpensive Options For ERP Investments

Are you a decision maker or influencer in your organization, and have been thinking of revamping your ERP solution? Are you a user or an employee within an organization, thinking how to generate these reports day in and day out, that management keeps on requesting? Then read on.

Then again what if you were to open a website that had almost nothing on it, just a few links, in small font one after the other. The only colours on the website would be grey, white and occasionally black. Just thinking about something that boring is making you yawn isn’t it? For a web design to be good it can’t have too much happening at the same time but also not too little, you have to find that perfect balance between annoying and boring.

In today's market, there are numerous types of generalized and purpose-built ERP solutions available for whatever business need that have you. However, organizations are wary of investing in little known solutions, and revamping the solutions, whether they be custom or off-the-shelf. With the current technological advancements that continue to happen at rapid pace, you lose out on the advantages that today's solutions have to offer, if you stay in the mindset of one solution covering all.

Take the example of Odoo. Odoo is a cloud based ERP solution, that allows you to install or deploy "apps", for each different module that you want to utilize, such as Employee Self Service,Purchases, Inventory Control, etc. Furthermore, you can continue to add or remove apps without hindering your core data or applications, giving you significant advantage over other on-premises ERP solutions.

Lets just say, you haven't invested in an ERP as yet. In this case, you are losing a significant portion of the advantages you can gain through business process automation, process management, as well as knowledge or business intelligence. Not having a central area for controlof your data, or having process integrations with such a software solution, you lose out because now you are dependent on paper trails as well as on people to provide you accurate information and intelligence.

Assuming that you are worried about costs for implementation and purchase of ERP solutions; there are new options for SaaS ERPs, that allow for subscription models instead of investing heavily in hardware, server licenses, heavy duty implementation teams, and maintenance or management teams. These subscription based models are far cheaper and significantly more flexible than the license based models employed by ERP vendors in the earlier days.