ENTERPRISE RESOURCE PLANNING TRENDS TO LOOK OUT FOR

FILED UNDER: BUSINESS ADVISORY, WAGGA ACCOUNTANT, BUSINESS ADVISER, BUSINESS ADVICE, ENTREPRENEUR, WAGGA BUSINESS



Enterprise resource planning (or ERP) has become a normal thing for  businesses of today. With globalisation and the distribution of labour between different employees made easier by technology, planning who should be doing what in your company is more efficient now than it was in the past.


But as newer companies and newer industries spring up all over the world, enterprise resource planning has broken new ground in the terms of the tools that they develop, how they’re accessed, and what their primary function is. In particular, given how rapidly technology has advanced over the past decade, trends in resource planning tools have shifted from the desk to the palm of your hand.


Here are 4 trends in ERP software that your company can benefit from:

 


Move to mobile


Given the number of telecommuting employees or ones that work from home or on the go, mobile enterprise planning software has become the fastest-rising trend for managing resources. It’s easy to see why this method has become so popular; it allows managers to check with resources outside their shift hours, or employees to quickly respond to emergency tasks when needed.


It also helps upper management get a handle on what the bottom line is doing. This is especially useful when most team leaders and supervisors are on training or client visits away from the office, yet still need to supervise their respective projects.


Collaboration with the cloud


Cloud-based technology has been a mainstay for enterprises for years now, but it's only recently starting to break into ERP software. The biggest barrier for entry was the question of security - businesses just weren’t confident in placing potentially secure data in the cloud. These fears have become less of an issue with the assurance of cloud service providers taking great steps to secure their data.


Cloud ERP has several advantages over traditional methods, but the biggest would most likely be real-time collaboration (with the added bonus of having a backup of either data, resource listing, or communication logs.) Cloud-based software is also ideal with ERP because of the lowered costs of operation.


Sliding into social


ERP and social media have had a complicated history, with many debates revolving around whether social media is a necessity or a hindrance to productivity. This has not stopped ERP software from slowly integrating social aspects to their tools, if only to allow faster communication between employees.


It is ultimately in the discretion of upper management if they would allow social ERP software to be used in the office. However, in case there are still doubts about the social aspect of it, enterprise social software has shown promising results in terms of productivity.


If you’re in need of more help when it comes to optimising your business for profit, get in touch with the experts at Easdowns today! We provide business and financial advisory services and planning to help you maximise the potential of your business, allowing you to achieve your goals and secure your financial future. You can get in touch with us through our Contact Us page.


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