ERP, the core of fast-growth companies
Enterprise Resource Planning (ERP) software formed the spine of almost all the fast-growth organisations we consulted. Time and time again, it has been proven to be a critical business management solution for SMEs.
Traditionally, businesses have adopted ERP at key inflection points; planning for rapid growth, preparing for investment or during a merger or acquisition.
However, this mindset is changing. Leaders are recognising the landscape can change in the blink of an eye, so a business needs to be in a continual state of high alert and optimal performance.
The best ERP systems have been evolving too. A modern cloud-based ERP system can act as a platform that enables all aspects of your organisation to thrive.
“ERP replaces assumption with knowledge. It provides leaders with a single source of truth across the entire organisation” says Gary McKnight, Head of Sage Practice, Thinc.
“Cloud ERP systems can also integrate and analyse data from third-party software and hardware.”
“By centralising business information, making it real-time, and empowering people with greater insight, leaders can unlock better, faster, more accurate decision making across the entire organisation.”
Cloud ERP solutions elevate people’s performance across an entire organisation.
They help talented people break free from the daily grind of routine tasks, encouraging them to invest their time instead in more strategic and rewarding activities.
This combination of human creativity and cutting-edge cloud technology is helping modern organisations thrive. ERP is not only part of this approach, but it is arguably central to it. And in such, ERP is set to have its greatest moment.
