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ERP Systems for Small Businesses: A Must Have

Jul 01, 2023 POSTED IN BusinessIT ERP productsSmartHatch BY SmartHatch
Jul 2023

5 Reasons why ERP Systems for Small Businesses are important?ERP systems for small businesses often remain a question in many new entrepreneurs’ minds. This needs to have more clarity. Therefore we have listed our logical reasons as to why your business, be it big, small, or a startup – needs a good ERP system. In Dubai and other parts of the UAE, our Smarthatch team has helped companies implement result centric ERP Systems for Small Businesses and we are glad to see them grow today.  If you are still rocking on the idea that an ERP software system could cost you a lot, we have some insight for you. For a business, you may have a great idea, but the running, and marketing make the going smooth. Do you agree? Our progressive web development projects have often seen appreciation when we build tailor made ERP systems to support the websites.

In our case, our clients understand the process we take up and then you too can enjoy business growth with the power of ERP.


5 Reasons Why Small Business need to Support a high quality ERP System


  1. Team Communication Challenges

Problem in hand:

Vital business information needed more secrecy

Situation businesses face:

If you have a team working inhouse or remotely, all the members should know about the project, its status, updates, etc. In a workplace that requires professional competence, dependence is both a problem and a risk. It is not desirable to have the entire business process come to a halt just because one person is unavailable.

People across departments may contact, and share information and you may have no track of this, or how they interpret the information. That’s a messy ordeal to deal with.

What does ERP Systems do for business?

With ERP systems for small businesses, every authorized office member will have access to the information. Such a system can keep track of all the relevant information. So, there is no unnecessary transfer of information, data leakage, and wrong usage of the information too. All information lies within the system. Those who access it, edit it, copy or share it will be known to the management quickly.


  1. Repetitive Manual Labour can be avoided with ERP systems

Problem in hand:

Work is manual, cumbersome and time consuming. So, we have a team that simply has to repeat everyday tasks and not use their intellect for professional and business growth.

Situation businesses face:

If the business has just started, this kind of work will be fine. But as the workload increases, the data inflow increases, and that opens more possibilities to work stress, errors, etc.  As work increases, responsibilities will also increase in small teams. So, the repetitive teaks need to be handled better.

How do ERP Systems break the work monotony?

You will be able to structure the operations of your business in a way that is both efficient and effective if you choose to implement ERP. For instance, ERP can generate order sheets and invoices rather than relying on human accountants. Alternatively, it may supply essential information regarding the products that are currently in stock.

The same goes for logistics, supply and order management, human recourse, pay modules and so much more. Keep the data streamlined and up to date with ERP. A  company does not need to worry whether your staff has taken leave, or been suspended. This will help teams identify whether they have updated everything correctly. You do not have to worry about data leakage as everything will be watched, and noted in real time.


  1. Customer Data Tracking

Problem in hand:

We keep prophesying the fact that the Customer is King. Still, companies fail to obtain great reviews and consistent customer satisfaction. It’s merely due to the fact that the customer expectation is not well understood.

Situation businesses face:

Problem data handling is a must if you need to keep a sustained relationship with your customers. For this, after the purchase or conversation with a lead, how effectively are their contacts stored in the company system? Is there a monitoring system to know their response rate., conversion rate, offer success rate, etc?

Is customer satisfaction tracking possible through ERP Systems for small businesses?

Yes, why not! No matter what you do, you should always put the needs of the consumer first. But after the order is processed, what happens to the customer’s personal information? If you do not pay attention to the specifics, your business will not be able to advance. If you are not aware of the wants of your customers, you will not be able to address their needs. ERP software, on the other hand, can. Your staff will be able to maintain complete records of every correspondence, order history, comments, and so on thanks to this feature. Anyone on the team can deliver the greatest specifically personalized service to a returning customer when that customer returns.


  1. Financial Disorder

Problem in hand:

The organization needs clear accounting practices to maintain a healthy financial position.

Situation businesses face:

The phrase “Financial Disorder” describes a spectrum of problems that people experience with managing their finances on a regular basis. There are three main types of money-related disorders: those involving avoidance, worship of, and conflict in interpersonal relationships. Overspending, work alcoholism, and pathological gambling are just a few examples of the many subtypes that fall under each of these broad headings.

The Connection between ERP Systems and Finance

Depending on the number of different processes that are engaged in any given business, this could prove difficult. However ERP systems, we may have solutions.  It can keep information regarding orders, production costs, and shipping costs. It can perform analysis of the data and generate error-free reports with a high level of detail. Because of the capabilities of this software, you won’t have to worry about any additional complications while dealing with many currencies.


  1. Decision Making

Problem in hand without ERP systems:

In the first phase, the only choice that is often available is to carry out responsibilities manually. This remains the case even later on when the business expands and diversifies.

Situation businesses face:

On the other hand, you should anticipate dealing with a greater quantity of data in proportion to the degree to which your company grows. It is only natural that at some point in time, you will give some attention to growing your personnel. It helps  to cope with the greater number of tasks to manage on your shoulders.

How do ERP Systems facilitate decision making?

Please keep in mind that a growing company is not necessarily accompanied by a rise in the number of employees. If you decide to implement ERP, you will be able to organize your company’s daily activities in a manner that is not only productive but also productively organized. For example, rather than relying on human accountants, an ERP system may generate order sheets and invoices on its own. Conversely, it might provide critical information concerning the things that are currently in stock at the location.

In case you need to upgrade your existing work systems and are not sure how to go about it – just let us know. We will help analyze your needs and then come up with an ERP system to fit your need, budget, and long term goals.