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http://www.beabetterbusiness.net/
http://www.beabetterbusiness.co.uk/
http://www.beabetterbusiness.ie/
http://www.youtube.com/user/IntelligentB1/
Thursday, September 9, 2010
Adopting ERP, “Best step for SMEs to increase productivity and ROI”
Nowadays, almost every organisation is using cutting edge ERP solutions to manage their business with ease.
Even, small businesses have started adopting custom made ERP solutions to handle their crucial business processes in a more professional manner.
As the government is making efforts to help UK SMEs expand and grow their businesses they will need the architecture to support such growth. Rather than having disparate systems integration will become key to increasing productivity and efficiency and creating true visibility across the organisation.
Small businesses constitute a major segment of overall business productivity. Adopting ERP is the best step that SMEs can take in order to increase their productivity and ROI. There are several operations at a small business enterprise that needs to be automated. In absence of proper ERP implementation, some of the key business operations like finance, inventory, human resource, purchase, or payroll need extra manpower and productive time.
SMEs are considered as major economic players and a potent source of national, regional and local economic growth (Taylor and Murphy 2004). Most small firms still under-utilise the potential value of IS innovations by only restricting them to administrative tasks Brock 2000). Enterprise systems (ES)provide Small to Medium-sized Enterprises(SMEs) with opportunities that are largely unexploited.
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