Internet and Business Online

Small business ERP can help you operate a better business

Every day in your Company, you and your team are engaged managing multiple activities like serving prospects and customers, following up sales enquiries, managing the sales paper trail, booking time to projects and tracking stock. Every activity in your business has some financial implication so you’ve got to keep your accounts accurate, keep a vigilant eye on what money is being generated and used….and forecast your sales and cash flow. Every customer purchase, every expenditure you make and every job or project you work on creates a trail of paperwork.

And from the time you follow up an enquiry to the moment your business receives the cash, you have to be able to record and view detailed information about every development in these processes. You and your team need round the clock access to all of this data from anywhere. And you, your managers and team leaders need an end to end and complete view of every key activity and the opportunity to quickly drill down on any balance or task to view, understand and follow what is occurring where, when and why it’s happening and if these activities are being run efficiently.

The advantages of small business ERP

What gets measured gets improved so it’s essential the undertakings in every key process in your business can be viewed and measured as they happen so you and your team can take advantage of opportunities, highlight and work on issues before they become tragedies and manage your organisation’s processes effectively.

To get all this right and always have a complete view you don’t need bookkeeping software, you don’t need a customer relationship management system, you don’t need a time sheet and tracking system, an expense claim tracking system or a stock control system. You need one system that has all of this joined together and lets you connect everyone in your company where ever they might be working. One system  that gives a complete picture of your company, so you continually know what’s happening and lets you manage your business in the way that works best for you and your key people.

You need small business ERP

Internet and Business Online small business accounting, small business erp, small business management

Small business ERP can significantly improve your abilty to effectively run your business

Every day in your Company, you and your team are engaged managing different activities like serving prospects and customers, following up leads, handling the sales paper trail, booking time to projects and purchasing stock. Every thing you do in your business has some financial implication so you’ve got to keep your accounts up to date, keep a vigilant eye on what money is being generated and used….and predict your sales and cash flow. Every customer purchase, every expenditure you make and every job or project you undertake generates a pile of documents.

And from the minute you follow up a lead to the minute your business receives the cash, you have to be able to record and view detailed information about every stage in these processes. You and your team need round the clock views of this data from wherever they work. And you, your managers and team leaders have to have an accurate and complete view of every key task and the ability to quickly drill down on any balance or activity to see, comprehend and follow what is happening where, when and why it’s happening and if these activities are being managed efficiently.

Small business ERP benefits

What gets tracked gets improved so it’s essential the activities in every key process in your company can be tracked and measured as they happen so you and your colleagues can take advantage of opportunities, identify and work on issues before they become tragedies and manage your business processes effectively.

To get all this right and continually have a complete view you don’t need accounting sofware, you don’t need a CRM system, you don’t need a time capture system, an employee expenses tracking system or a stock control system. You need a unified system that has all of this joined together and lets you give access to all of the key workers in your company where ever they they want to work. A unified system  that gives a complete picture of your business, so you consistently can see what’s going on and lets you manage your organisation in the way that works best for you and your team.

You need small business ERP

Internet and Business Online small business accounting, small business erp, small business management

Running a business effectively is about organisation, focus and process as a massive 55% of businesses fail in their first five years of existence. The experts offer shallow explanations as to why this happens. I continuosly observe three key reasons why this tragedy happens so often and to so many individuals with different backgrounds, education and knowledge.

The first reason is lack of market understanding.

No foresight. For example Individuals have the idea, build the product and then sit back and wait for the market to appear and purchase. In networked age there is no excuse for lack of research prior to spending any time and cash on designing a product until you have firm evidence there is a market.

The number two reason is lack of understanding of fundamental facts about business.

The majority of folks starting a business know their trade, how to offer a service or build a product, but know very little about running a company.  Having the ability to read and follow the balances in the P&L or the balance sheet is an essential skill. The basic knowledge of accounting is rarely imparted coherently by the business manuals, online resources and those in the know such as CPAs and bookkeepers. This whole area is further complicated by manufacturers and their partners thrusting small business accounting software at fledgling businesses.

Small business accounting software is only half of the solution.

Until recently ERP software solutions and packages were only affordable by corporations who had deduced that the back and front office systems need to be wired together to give a comprehensive view of the business. One software developer NetSuite had the vision to see the gap in the market and began selling its small business ERP software. NetSuite pricing has become prohibitive as their product has increased in complexity.

The last reason companies don’t survive is a because of the lack of well thought through management processes and policies to enable a sustainable fabric of disciplines and behaviours.