4 Common ERP Myths, Dispelled

When you launched your business, you invested in a small business accounting application that kept you on track with payroll, bookkeeping, sales, and expenses. Software like QuickBooks handled the basics and gave you a decent snapshot of your business’s performance.

However, as your business becomes more complex, that small business accounting application can’t support the functions you need to operate—and, more importantly, grow.

Whether you’re adding new offices or entities, introducing new products or services, purchasing another warehouse, or building an eCommerce site, a cloud enterprise resource planning (ERP) solution is the logical next step.

You may be skeptical. You may have preconceived notions about cloud ERP and what it involves.

Let us help. Vision33 has formal partnerships to resell, implement, and support leading cloud ERP solutions. For over 30 years, we’ve helped companies integrate and automate their processes and applications to better serve their customers, employees, and stakeholders.

Here are four common cloud ERP myths—dispelled.

Myth #1: My Business Isn't Big Enough for Cloud ERP

Cloud ERP isn’t just for large or global enterprises—about 80% of SAP ERP users are small and midsized businesses (SMBs).

Your business will benefit from a cloud ERP solution if you struggle with these common growing pains:

• It’s hard to keep track of invoices
• Salespeople sell out-of-stock-products
• You don’t know how to improve cash flow
• You can’t make the right decisions because you don’t have the right information
• Reports take forever to generate and aren’t customizable
• There’s no single version of the truth

Myth #2: Cloud ERP Is Hard to Use

A cloud ERP solution unifies your operations—and connecting business areas on one platform makes things easier, not harder.

With an integrated solution, it’s easy to share information between departments. Cloud ERP provides comprehensive support for:

• Accounting and finance
• Customer relationship management (CRM) and sales
• Purchasing and operations
• Inventory and distribution
• Reporting and administration

A cloud ERP solution enables you to automate and standardize core processes, improve productivity, and maximize efficiency. And real-time access to business intelligence empowers better decision-making, which is critical for growing businesses.

Myth #3: Implementing Cloud ERP Will Be a Nightmare

If you’ve heard horror stories from your peers about ERP implementations gone wrong, consider this: If an ERP implementation fails, it’s likely because of a lack of upfront planning or an inexperienced partner.

Envision an implementation as multiple steps—a process that’s part of your overall business strategy. (This free guide will help.)

The right partner is as crucial as the right cloud ERP solution. You need an experienced, reputable consultant with a proven, formalized ERP implementation methodology that includes phases like blueprinting, building, implementing, and sustaining.

Myth #4: We Can't Afford Cloud ERP

Cloud ERP solutions are more affordable and accessible to SMBs than ever. You can start with the functionality you need now and introduce new modules and industry-specific add-ons when you need them.

Growing businesses choose cloud ERP solutions for a lower total cost of ownership, no IT infrastructure costs, added security, and anytime, anywhere access.

Consider the time, money, energy, and manpower you’re spending on software that’s run its course. Now ask, “Can we afford not to invest in cloud ERP?”

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