Using an ERP? It might have reached its expiry!

This article is going to highlight a few signs, which indicate that your business ERP might have reached the expiry! Look for these signs and you will know when to upgrade your ERP software or migrate to a new one.

Today, most of the businesses irrespective of the industry rely heavily on ERP software to run their business efficiently and smoothly. Now, if the ERP solution on which the entire business depends, becomes outdated, things become difficult to handle.

But, How to understand if your ERP system has reached its expiry!

Where the main objective of using such ERP solutions is to increase profitability and sales along with reducing operational overheads, what if the outdated system is actually doing more damage! A bit scary right?

Well, this is why you need to know when to upgrade your ERP software or migrate to a new one. Whether you are ready to accept a change or not, once you finish reading this article, you will be able to identify the warning signs so you can take the necessary steps to prevent the ultimate damage.

Your business has outgrown system’s capabilities

With your ERP system, you should be able to manage the workflow of every department in your business. From marketing and sales to finance and accounting, manufacturing and anything in between can be managed by it.

Hence, the core software, which is being used to run your business should have the capability to look after every department without any kind of restraints.

Now, if you see that your business is not being able to execute the crucial parts of the strategy due to the lack of tools, you should take it as a warning! Yes, this is the time when you should evaluate the existing system.

When integration holds back productivity

Most of the times it has been observed that a business has several third-party systems or legacy systems dedicated to each departments’ progress. Well, it definitely sounds great but in reality, when the business is growing, these systems “don’t talk to each other” most of the times! This definitely holds back the productivity and growth of your business.

Here comes the benefit of using an Odoo ERP solution that is an all-in-one business management software. Whether it is the administrative task or billing management, increased visibility or accountability - an Odoo ERP software can take care of everything!

Staffing issues

When a business is growing, it is normal to hire more staffs according to the workload. Now, if you find that your existing ERP system is lacking in providing with relevant training documents and all the new employees are facing issues in learning properly and navigating the systems freely, maybe it is time to evaluate the existing system.

When accessibility is becoming an obstacle to productivity

Statistics show that many staffs agree on the point of having a system that can be accessed from anywhere at any time!

With the development of PWA (Progressive Web Applications), even though the work process remains the same, the benefits of real-time accessibility are slowly becoming a trend for growing businesses. With an updated Odoo ERP implementation, this obstacle to productivity due to accessibility can be overcome.

Other than the aforementioned signs and warnings, when you have to invest a lot in the modifications of the existing system to keep it running, it will be a better idea to invest in a new business ERP solution!

Jonathan Paul is an experienced Odoo consultant in Sydney and is presently associated with one of the leading Australian Odoo partners Visions & Solutions. He has been serving in this industry for years and has a great grasp over the recent market demands and trends. For any Odoo consultation, implementation, customisation, and support and maintenance services get in touch with the best Odoo experts in Australia.