“This information can provide businesses with previously unseen digital insights. These give organisations information on things such as whether they need to hold more stock – because of potential supply chain disruption or slow down. Through investing in proper warehousing technology, like barcoding scanning or RFID, operations will be smoother and more efficient. This may lead to a huge productivity increase, or better use of time, which will inevitably see a period
A recent TechTarget/Computer Weekly survey saw automation and the Cloud rated as two of the highest priorities for companies in the UK. As a result of the pandemic, over half of respondents describe their overall IT strategy as now being “cloud-first”.
A Cloud ERP system would be critical to any type of cloud-first strategy, as Martin explains the virtues of the Cloud for organisations: “Cloud ERP marries the power of the Cloud with that of an ERP business system. The ability to provide information and data to employees who are remote working is invaluable. This gives them the tools to work efficiently from anywhere. Other benefits include the automatic release of functional enhancements, and better scalability options.
“But, critically, Cloud ERP removes a lot of the costs associated with older ERP systems. It allows those businesses who were never big enough for a classic ERP system, the opportunity to benefit from ERP for a lot less money. The likes of Microsoft Business Central can be tried and tested very cheaply, and if required, can be scaled up to match the needs of your business. This would usually be in the event of growth – licenses could be added with ease for new staff to benefit from.