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Return on Investment for ERP Solutions

Date: 25-07-2011
Author: Bit Software

Any manager who decided to implement an ERP solution did this to improve his/her business and save monies, earn more monies and more customers. Monies saved, monies earned and more customers equals return on investment. (ROI) There’s no other reason to invest in an ERP solution except for a future return on investment (ROI).

An ERP has the ability to offer you great returns. But only if you use it properly. And at its entire capacity. Not using functionality is wasted money. According to statistics published on a LinkedIn ERP Group, more than 75% of companies purchase robust ERP solutions and only use sixty percent or less of the functionality. It’s like buying a large pizza and only eating half of it.

So when decide to make the step to implementing an ERP and you want to calculate ROI, you must absolutely take into account all these aspects:

- unexpectedly long implementation times due to unexpected roadblocks and training costs;

- factor in your business case if you are going to use just a part of ERP;

- the real training costs (if your employees aren’t well trained, they will not use all of the ERP functionality to its full potential);

- take all the time you need to explore all of your options and ERP solutions on the market.

As a friend of mine (salesman, of course!) always tells, „don’t sell yourself rapid”, by taking the first ERP solution that seems like it will work. Take the preparation and selection process seriously to ensure the longevity of the company.

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We have released a new version for Socrate+ ERP

Date: 20-06-2011
Author: Bit Software

For any manufacturer and supplier of integrated management systems, the launch of an ERP solution is not an endpoint, but rather a new beginning. Because any such solution requires, over time, updating, correlation with legislation changes and functional adaptations designed to help users to improve / control / optimize businesses as much as possible.

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Control your customer relationships using CRM programs

Date: 01-12-2010
Author: Bit Software

Do you know your customers? Mostly yes, but perhaps not quite as good as you think. Ok, you ask, what must I do to improve this aspect? Nothing more simple: control the relationships with customers using CRM solutions. Or, in free translation, public relations management. This program includes a wide range of tools for understanding and serving customers and potential customers. It seemed an unnecessary expense, but the focus will increase revenue per customer, we will reduce costs, or both.

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