5 Reasons your business needs an ERP upgrade

Introduction

With rising wages, superannuation contributions going up to 11% and rising supply chain and transport costs, a good profitable business needs to focus on real-time business reporting, good business performance insights to make decisions & streamline operational processes to increase profit and productivity. Its ever so more important now to focus on benefits of software automation & AI to reduce cost, gain insights and improve business continuity and market share.

Summary

Here are 5 signs your business needs to upgrade your ERP software to gain the advantage it needs to thrive:

1. You don’t have accurate financial reporting until month end close time, which often takes a more that 5-10 business days.
2. Your staff is spending too much time managing business operations and reporting in spreadsheets.
3. There are delays with order processing impacting customer delivery & billing that your business is wanting to reduce.
4. You wish your business was operating faster and double handling less data to overcome business silos.
5. You are expanding operations to new locations /international markets and are looking for systems to meet business reporting including Audit, Tax & Compliance.

Oracle NetSuite ERP is a cloud based business platform that provides your business with complete end to end solution and integrated reporting to run your organisation in a streamlined way. With over 32K customers globally, your business can easily deploy and roll out streamlined processes, prebuilt Dashboards, Reports, KPI that can help overcome reporting and operational challenges you are facing today and align your business to meet future needs. Using the APIs, you can easily integrate your ERP data with 3rd Party systems and reduce your data entry administration.

To learn more, AVT – Australia’s Leading NetSuite Solution Provider & Partner has created a complimentary NetSuite ERP Evaluation micro-site to help executives learn more about ERP and its deployment, using pre-recorded process demo videos, White papers and data sheets, so you may evaluate this at your own pace. You can gain access to to the site by completing your Registration in the link: NetSuite Overview Demos.