How to Maximize Your ERP Software Investment

Putting Acumatica or Sage 100 to Work for You

Have you recently purchased new accounting or ERP software? Or are you in the process of making an ERP software purchase? Perhaps you just want to make better use of your ERP investment.

These tips will help you get the most from your accounting or ERP software. When you are prepared to invest time and effort into establishing KPIs and goals, as well as learning the system’s capacity, you will be closer to maximizing the value of your investment.

Review Your Company’s Strategic Plans

Your software should support your company’s strategic plans. Examine your annual, five-year, and ten-year growth plans. Make sure that the software chosen for your business is scalable and supports growth over time. Many modular solutions such as Sage 100 and Acumatica offer excellent support because they are easy to scale up as you grow.

Establish and Adhere to Data Policies

Your ERP software is only as good as the data it contains. Make sure that you establish data policies. Determine what information goes into the system and how it will be used ahead of time. Select someone on staff to become the “data police” to ensure that the policies are maintained, updated, and adhered to throughout the company. The better the data, the more accurate the reports you will receive from the system.

Build Process Maps

Establish process maps so that anyone coming aboard in your company can follow the map and use the ERP and accounting system easily from their first day on the job. Written process and implementation documents ensure that information isn’t lost when someone leaves the company; the information can be easily shared and transmitted to other employees over time.

Ensure Adequate Training

Employees must receive thorough training in the new system in order to obtain maximum benefit from it. Group training sessions are important. Make sure that someone in the company is trained as the system “champion”—the go-to person for onsite trouble shooting. This person can answer questions, help find solutions to problems, and be on call within the company for any problems or advanced issues that may arise with the ERP and accounting system.

Measure ROI

Once your system is in place, you can measure the ROI of your ERP implementation. Identify areas where you were able to save time or money, or gain information from the system that helped you improve job functions, processes, or other aspects of your business. ROI is more than the direct return on investment. Indirect returns, such as time saved, errors avoided, and other benefits, may also be included in your ROI calculations, if desired.

Make the Most from Your ERP Software Investment with Emerald TC

Emerald TC specializes in helping small and medium-size businesses succeed with ERP software. We can help you choose the best system for your company.

Acumatica is a cloud-based ERP that’s “right sized” for your business. You can peer into the heart of your business, reviewing cash flow data and more with a simple web-based interface. The dashboards are easy and intuitive to use, and many of the reporting functions that you need can be used immediately and without custom coding or reports. It’s a robust software package that takes into account the needs of today’s business.

Sage 100 has helped small businesses streamline business processes for years. Previously known as Sage ERP MAS 90 and MAS 200, this modular ERP helps businesses to enhance workflows, manage finances, and increase productivity.

Contact us today to learn more about how to maximize your ERP software investment.

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