Many SMEs are doing day to day businesses by Excel or manual bookkeeping, but there are many limitations compared to using an ERP.
In addition to issues such as data loss, omission, and employee retirement, as the company grows in scale and the work gets more complex, it is becomes difficult to manage work using Excel.
If an ERP has to be installed in a PC and used by a single person, or if there is any limit if used by a large number of users, you may experience inconvenience.
If your accounting, purchasing, and sales team each uses a separate program or Excel, each team has to enter the same data inevitably, creating duplicate work. Moreover, if the data they have are different from each other, it can later cause a crucial problem.
Even if implementing an ERP in the entire company at an expensive cost, the problem is still not solved.
Most of the SMEs who implement an ERP system, after 4~5 years, go back to Excel and manually manage work.
The main causes are : inability to customize the system for the changes in work, developing companies closing down, data errors, excessive maintenance cost, and more.
Hence, it's important to choose an efficient, credible, and affordable ERP.
A good ERP can help you make your business more efficient and grow faster.