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What is ERP and how can it benefit your business?

ERP stands for Enterprise Resource Planning and put simply, it is a system which consolidates all of the core business processes including manufacturing, HR, finance, procurement, supply chain and more, making it easier to efficiently manage them via one, centralised and integrated system.

This system, in our case Zolto ERP, enables a business to access all its data in one place meaning all functions of the business can be connected and working from the same information. Crucially, having access to all of this information gives businesses a superpower… accurate, real-time data.

In a data driven world, it is one of the major drivers of growth in any business. Having access to and understanding your data means your business can predict trends, identify opportunities, work collaboratively and have the agility to stay ahead of the competition.

ERP can help businesses of all sizes in a huge range of sectors to operate more efficiently, but not all ERP solutions are the right fit for your business. Our clients range from retailers, manufacturers, healthcare, logistics, hospitality and more, with a turnover of up to £100m.

Here are 6 key benefits of using ERP:

  1. Enhanced productivity: An ERP system can streamline and automate many of the major business functions, leaving employees to focus on tasks that generate profit. Tasks such as reporting, stock taking, order processing and keeping customers up to date are both time consuming and easily susceptible to human error. By contrast, automating both complex and tedious tasks can free up the time of staff to enable them to utilise their time more productively. Not only does this improve your ROI, but it also boosts employee morale and engagement as they’re more likely to be carrying out meaningful and interesting tasks.

  2. Detailed reporting: Business intelligence is essential in today’s world and an ERP stores huge amounts of data and analytics which can be utilised for key decision making. Zolto's dashboard displays with crucial data, in an easy-to-read format allowing users to access important information at a glance. The customisable dashboards make it easier to generate reports which can be tailored to the end user.

  3. Improved customer relationships: Customer expectations are higher than ever, and ERP software is a great tool for improving customer satisfaction. By connecting different aspects of a business and utilising data, organisation’s can not only engage with their customers more efficiently, but they can also tailor their service to each customer’s needs. Enhanced levels of service set businesses ahead of their competitors and encourage repeat business.

  4. Increased agility: Having access to real-time and in-depth information allows business leaders to make informed decisions, both tactically and strategically. This could mean identifying new market trends and being able to act upon them as well as reacting to new opportunities or competition. With an operation running more efficiently and with increased visibility of an operation as a whole, inefficiencies can be identified and eliminated quickly, reducing any long-term impact on a business.

  5. Improves collaboration: An effective ERP system means all of an organisation’s information is in one place making collaboration between locations and departments much easier. Whether a business has sites across several different locations or ships products globally, our software provides complete visibility and traceability. A central point of accurate information allows project planning to be carried out more efficiently and allows c-suite to get quick and easy answers to any critical business questions.

We deliver a first class all in one business management software solution, combining automation, detailed reporting and high-performance functionality expertly integrated to suit your business.

The result – you can grow your business by working more efficiently than ever before and having access to powerful data to shape your decisions. We help digitise the winners of tomorrow.

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