An ERP software system is a significant investment by any organization – however, it is a practical decision that has an impact on all facets of a business. There are several ERP trends that are currently being observed that are worth navigating, as detailed further down below.
1. Movement of more buyers to the cloud
ERP’s shift to the cloud is relevant to small- to medium-sized businesses, as small businesses wouldn’t have to maintain their own systems – this reduces the requirement for an in-house IT team. Moreover, the software types enable small businesses with a very small IT staffing to take advantage of an ERP system they otherwise would not be able to afford or maintain.
2. Integration & IoT (internet of things)
The IoT is the connectivity between computers & other devices, also known as direct machine integration. This provides improvement asset management & forecasting, all with enhanced communication, efficiency and business intelligence. It also supports real-time business insights, autonomous vehicles, real-time analytics, AI, e-commerce and much more. Therefore, in order to keep up with these trends, there is a growing need for IoT within the software industry, becoming an asset for those who invest in ERP software.
3. Personalized Solutions
ERP users require tailored solutions catering to their industries, in order to stay current and avoid customization. Manufacturers should enable personalization of solutions without code alterations.
Configurability empowers small businesses to work within specific industries and roles with minimal effort, reducing the need for extensive IT teams dedicated to managing ERP solutions. Therefore, there is a more consumer-centric approach in the trend taken within personalization of ERPs by vendors and manufacturers, thereby enabling practicality of the tool.
4. Technological Advancements
In today’s era, quick results are a prerequisite for any data-driven decision. Advanced ERP solutions can do the trick particularly for industries that tend to be more product-centric, such as shipping and logistics. Predictability and foresight help give perspective to ensure momentum and continuity of ongoing processes.
Looking for ERP solution providers in the UAE? Get in touch with Saifee Computers to determine the best ERP solutions for your small business.