Growing companies have a laser focus on managing growth while maximizing profits. Key metrics tend to revolve around boosting productivity, reducing costs, and achieving greater competitive advantage. With these objectives in mind, this checklist outlines key ERP system requirements that help growing companies realize a significant impact on the bottom line. The checklist is segmented by key objectives:
Improving operational efficiency
Increasing efficiencies and improving productivity in project delivery and financial and human capital management across the entire enterprise to reduce costs and increase business agility.
Reducing costs
Getting the right product to the right place at the right time while maintaining optimized inventory levels to reduce costs and increase profitability.
Effective project and portfolio management
Efficiently and effectively managing projects, partners and the project portfolio
Providing meaningful customer service and value-added services
Providing high levels of value-added services to customers and partners to drive differentiation and profitability.
Additional considerations
Ensuring your system is responsive to your unique business requirements including industry specific functionality.
So, how does your ERP system measure up?
The right ERP system can help you address these challenges by helping organizations streamline business processes and proactively manage performance.
Download the whitepaper to see the key objectives your ERP system should address then utilize the checklist to determine how your ERP capabilities measure up.