Think ERP is not for you?
Is that really true?
If you belong to the business world, you must have heard of ERP software. But the common misconceptions about ERP must keep you from getting one for your company.
ERP stands for enterprise resource planning. ERP is a kind of business software that allows businesses to manage all of their operations in an automated manner. ERP can handle everyday business activities such as accounting, procurement, project management, asset management, risk management, compliance, supply chain operations, and more. Not only that, a complete ERP helps plan, budget, predict, and report on an organization’s financial results. ERP allows you to manage your entire business under a single umbrella. ERP is a system that can connect your multidimensional business processes and create a data flow between them.
Many businesses are moving towards automation and ERP Software in Bangladesh. Still, like most people, you must think that ERP isn’t for you because of its multifaceted usability, features, and functions.
But it’s not entirely true, or is it?
Well, it’s time to find out.
Thoughts that reverse you from getting the Best ERP Software in Bangladesh
If you own a business in our country, you’ve probably already been approached about ERP software several times. You may also believe that you don’t require software, but this is a complete misconception. If we’re not wrong, certain problems or thoughts in your mind that moving you away from getting ERP Software in Bangladesh.
ERP is Only for Large Companies
Think your company size is too small to have ERP software? Of course, but is that truly so?
It is a common misconception that ERP is only for giant organizations or groups of companies. Nevertheless, this is not entirely correct. ERP software is used by many small and medium-sized businesses in Bangladesh and across the globe.
But how exactly?
Though ERP is for a wide range of businesses, it can now be customized to manage any size business process. ERP is designed and developed for managing many firms under a single software solution. However, many business software companies on the market offer miniature versions of ERP for any size of business. Every business has a complex work process as sales, purchases, inventory, production, assets, projects, and more. And the customized version of ERP is equally suitable for managing all of the work processes as a large ERP.
ERP is too Complicated to Use
One more common misconception about ERP you might have is that ERP is too complicated to use. But honestly, anyone with a basic understanding of technology can use it.
You can easily use a smartphone, right?
Then you are also qualified to use an ERP as well. Yes, that basic technical knowledge is good enough to operate an ERP in your office. You don’t have to be a tech-savvy person to get an ERP installed in your office.
ERP is Too Expensive
If you are doing business in Bangladesh, you must be high price sensitive like any Bangladeshi businessman. You indeed have thought that ERP software is out of your budget.
And unfortunately, like most other business owners, you believe that ERP software is not only costly but also that you cannot afford it.
If you exactly think like this, there s a big surprise for you.
This disclosure is going to amaze you that many business software companies in the market offer ERP software at such a low cost that it can easily fit into your budget. In addition, these software companies also provide subscriptions and various SaaS-based packages, which are affordable even for small and medium businesses.
So it’s only the unawareness and price range misconceptions preventing you from purchasing ERP Software in Bangladesh. And this is possible that you may easily manage to afford ERP software for your business.
ERP Implementation is Time-consuming
If you are thinking about getting ERP software, one thought must come to your mind.
ERP implementation will consume much time up to take years. You might have thought this can lessen productivity, so you are making a safe distance from ERP software.
It is undeniable that ERP systems take a long time to implement in a business. For some companies, the complex data migration process takes years. Previously, ERP systems were technically unsound and had to be built from scratch.
However, the current situation is entirely different. ERP implementation is much faster and is usually carried out by trained professionals. Because of the agile method, software companies can deploy components of the software as soon as they are ready. This shortens the implementation process and allows the entire system to be deployed in a matter of months, depending on the size of the company and the complexity of the data.
So, if you want an ERP for your business, the lengthy process is no longer an obstacle.
ERP Will Increase Your Profit
You might think that ERP will increase your profit. If you spend money on business software, this thought will cross your mind.
But is that true?
The answer is a definite “NO.”
ERP will undoubtedly boost your efficiency and productivity since you can manage almost every component of the business process. It can also passively increase to help you gain a wide range of benefits, but it cannot directly increase your profit margin.
You will take ERP software to manage the work process of your business efficiently.
Final thoughts
You can not that run away from the fact that ERP is necessary for your business in today’s world. You need to automate your company like everyone to excel in the tough competition. You can not just rely on misconceptions hovering around ERP systems. You have to do research.
Talk with software companies.
Find out! What are the myths, and what is the reality?
Don’t rely solely on your thoughts. Explore the websites and free demo videos of different companies to clarify your thoughts. Take a look at what they have to offer! Try to talk with the available ERP software experts in Bangladesh.
And get the correct information about ERP systems to get one for your business.
If you want to know more about the biggest problem with business software in Bangladesh, Click here.
