What exactly is an ERP system? And why should businesses use it?

If you’re already certain that your organization requires a comprehensive enterprise solution system, feel free to skip this page.

Today, Small and Medium-sized businesses (SMEs) also encounter similar challenges as large enterprises. One of these challenges is effectively planning and managing their resources. Although SMEs face comparable complexities, they are constrained by limited resources to address them.

Like their larger counterparts, small businesses must:

1. Maintain accurate accounts to monitor sales and purchases.
2. Fulfill tax obligations.
3. Ensure timely payment of employees.
4. Manage deliveries within agreed-upon timelines.
5. Provide high-quality products and services.
6. Engage with customers and address their inquiries.

Large enterprises invest significant amounts of money in advanced systems like SAP to handle the diverse requirements of their multi-country, multi-company, multi-currency operations. These systems enable the consolidation of data and records across various key processes such as accounting, taxation, payroll, reporting, and supply chain management.

In contrast, SMEs have not benefited from the first wave of the digital revolution (1995-2015) like their larger counterparts. The primary reason for this exclusion is the lack of financial resources to obtain licenses, hire programmers, and customize software solutions.

Even today, small businesses continue to face challenges in maintaining organization. They often rely on a combination of software applications and tools, such as spreadsheets, accounting software, and web-based CRMs, to manage their daily record-keeping tasks. As a result, they must access multiple systems to gather information about customer data, sales figures, cash flows, and profitability. This information is stored in separate silos, making it difficult to integrate the data and gain valuable insights or alerts. As a result, SMEs often find themselves reacting to situations rather than proactively managing their day-to-day operations. This limited way of working restricts their growth potential.

BizCentric ERP tackles core challenges faced by SMEs in resource management:

1. 1. Comprehensive functionality: All essential modules are readily accessible. See the complete list.
   2. Flexibility: Customizing is straightforward, whether it involves adding fields or incorporating additional features.
   3. Operational efficiency: It boasts low computing demands, making hosting and management more economical.
   4. Integration: It provides a unified system and database, enabling multiple users to input transactions or retrieve data concurrently.

What is BizCentric? 

BizCentric empowers you to:

1. Monitor the financial metrics of your organization.
2. Manage invoices and payments efficiently.
3. Track inventory levels for each product.
4. Monitor and analyze key performance indicators (KPIs).
5. Address and monitor customer inquiries.
6. Streamline employee payroll processes.
7. Delegate tasks and monitor their progress.
8. Maintain a comprehensive database of customers, suppliers, and contacts.
9. Generate quotations with ease.
10. Monitor budgets and expenditure effectively.
11. Set competitive selling prices based on actual costs of materials, machinery, and labor.
12. Receive reminders for maintenance schedules.
13. Establish an online presence through website publication.

And much more.

Can BizCentric be utilized by businesses of all sizes?

BizCentric is versatile enough to cater to the needs of small and medium-sized enterprises (SMEs) as well as large corporations. It has been successfully implemented by some retail chains across the UAE and even by some reputable equity trading firms in India.

Topics 

You can also checkout the following topics:

1. Do I Need an ERP?
2. The Project Champion
3. Implementation Strategy
4. Flow Chart