{"id":8857,"date":"2014-02-13T11:36:45","date_gmt":"2014-02-13T11:36:45","guid":{"rendered":"https:\/\/eu.syspro.com\/blog\/erp-systems-can-help-small-companies-too\/"},"modified":"2025-03-25T11:35:27","modified_gmt":"2025-03-25T09:35:27","slug":"erp-systems-can-help-small-companies-too","status":"publish","type":"post","link":"https:\/\/eu.syspro.com\/blog\/owning-or-running-erp\/erp-systems-can-help-small-companies-too\/","title":{"rendered":"ERP Systems Can Help Small Companies, Too"},"content":{"rendered":"<span class=\"span-reading-time rt-reading-time\" style=\"display: block;\"><span class=\"rt-label rt-prefix\">Reading Time: <\/span> <span class=\"rt-time\"> 3<\/span> <span class=\"rt-label rt-postfix\">minutes<\/span><\/span><p>People often assume that <a title=\"Thinking about ERP\" href=\"https:\/\/www.syspro.com\/product\/erp-system\/\" target=\"_blank\" rel=\"noopener noreferrer\">ERP systems<\/a> are only for larger companies. But, consider this &#8211; if you run a small or medium sized business, do you lie awake at night worrying about the following things:<\/p>\n<ul>\n<li>Is there a way to improve our inefficient processes?<\/li>\n<li>Can we grow without growing pains?<\/li>\n<li>Will the business remain viable or successful in the long term?<\/li>\n<\/ul>\n<p><!--more--><\/p>\n<p>If the answer is yes, you could try <a title=\"Counting Sheep\" href=\"http:\/\/www.nytimes.com\/2010\/02\/16\/health\/16real.html?_r=0\" target=\"_blank\" rel=\"noopener noreferrer\">counting sheep<\/a> or drinking warm milk to have a peaceful sleep; or perhaps consider investigating if an ERP system could help.<\/p>\n<p>Let\u2019s take a closer look at four challenges faced by small businesses:<\/p>\n<ol>\n<li><strong>Inefficient Processes<\/strong><br \/>\nSmall companies tend to have tedious manual processes. How many times do you and your employees wish there was an easier way to get the job done? For example, it can be time-consuming to check if a supplier\u2019s invoice matches what you received on the purchase order. Or for a customer service rep to determine the status of a customer\u2019s order. How many documents do you have to find, or people do you have to chase, to perform these tasks?Another time-waster is re-entering data into multiple systems. It\u2019s also error prone. Thus you are making important business decisions based on old, or inaccurate information. Multiple systems also take longer to learn than a single system, and you must deal with multiple software vendors and licenses.All of this escalates to wasted time. Wouldn\u2019t you rather spend that time on money-making activities?An Aberdeen Group report found that <a title=\"www.technologyevaluation.com\" href=\"http:\/\/www.technologyevaluation.com\/research\/special-offers\/think-your-organization-is-too-small-for-erp-22069\/\" target=\"_blank\" rel=\"noopener noreferrer\">small\/medium companies using an ERP system outperformed companies without one<\/a>. Even the ERP Laggards significantly outperformed the No ERP\u2019s!<\/li>\n<li><strong>Managing Growth<\/strong><br \/>\nSmall businesses often struggle with growth. One type of growing pain are <a title=\"governance and compliance management\" href=\"https:\/\/www.syspro.com\/business-software\/business-needs\/governance-risk-compliance\/\" target=\"_blank\" rel=\"noopener noreferrer\">compliance issues<\/a>. For example, gathering data to prove compliance to large customers, or to adhere to government regulations can be tedious. How long would it take you to trace materials through your supply chain? ERP systems make compliance easier because they follow industry best practices and let you retrieve compliance-related data faster.Another type of growing pain is poor customer service and retention. If your business can\u2019t satisfy higher order volumes, customers will go to your competitors, and your growth will stall.An ERP system lets you handle larger order volumes efficiently and track inventory accurately \u2013 resulting in fulfilled orders, happier customers, and growth of your business.<\/li>\n<li><strong>Long Term Viability of Your Business<\/strong><br \/>\nSmall business owners often worry about their company\u2019s long term survival and growth. For example, can your business scale up to satisfy much larger customers? Or does doubling your sales require doubling your head count? An ERP system helps because <a href=\"https:\/\/www.syspro.com\/business-software\/business-needs\/business-growth\/\" target=\"_blank\" rel=\"noopener noreferrer\">software scales up better than people do<\/a>.Another big concern is: what if key people leave? Is your business highly dependent on the strategic knowledge in their heads? This is a huge risk for many small businesses. It also leads to burnout of your key employees.Using an ERP system lets you transfer your business processes from inside people\u2019s heads, into the software. Thus, the system is independent of the people operating it. This means you and your key employees can finally take a vacation and not worry that the business will fall apart.<\/li>\n<li><strong>Aren\u2019t ERP Systems Too Expensive and Complicated for My Small Business?<\/strong><br \/>\nSo you\u2019re still not convinced\u2026 You think that it\u2019s too complicated and expensive, and that it requires more people and more time to \u2018feed the beast.\u2019Yes, you\u2019ll have to put in effort up-front to adopt new processes and implement the system. However, once you\u2019re past the learning curve the efficiencies stay with you. You keep your current people who now use the ERP system to be more efficient. Same staff. More work done.An ERP system may at first glance appear complex but it is modular, so you can implement it in phases based on business need and team availability.<\/li>\n<\/ol>\n<p>The final concern is, of course: money. You don\u2019t have to spend a fortune to implement an ERP system but yes there is a cost. Even so, there are various options available to ease the burden:<\/p>\n<ul>\n<li>Most ERP companies can recommend leasing companies that will help finance the purchase.<\/li>\n<li><a title=\"www.syspro.com\" href=\"http:\/\/www.syspro.com\/Product\/Cloud\" target=\"_blank\" rel=\"noopener noreferrer\">Cloud<\/a> or <a title=\"Software-as-a-Service (SaaS)\" href=\"https:\/\/www.syspro.com\/analyst_report\/idc-marketscape-worldwide-saas-cloud-enabled-midmarket-erp-applications\/\" target=\"_blank\" rel=\"noopener noreferrer\">software-as-a-service<\/a> options turn ERP into an operational expense with monthly billing rather than a capital expenditure.<\/li>\n<li>Finally, many countries have government and related agencies that offer funding for projects, like ERP implementations which increase efficiencies or productivity.<\/li>\n<\/ul>\n<p>SYSPRO has solutions available which are suitable for a wide range of business needs, in multiple markets and sectors. Get in touch today to discuss your options with us.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>People often assume that ERP systems are only for larger companies. But, consider this &#8211; if you run a small or medium sized business, do you lie awake at night worrying about the following things: Is there a way to improve our inefficient processes? Can we grow without growing pains? Will the business remain viable &#8230; <a title=\"ERP Systems Can Help Small Companies, Too\" class=\"read-more\" href=\"https:\/\/eu.syspro.com\/blog\/owning-or-running-erp\/erp-systems-can-help-small-companies-too\/\" aria-label=\"Read more about ERP Systems Can Help Small Companies, Too\">Read more<\/a><\/p>\n","protected":false},"author":135,"featured_media":5866,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[269],"tags":[45,30],"class_list":["post-8857","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-owning-or-running-erp","tag-business-software","tag-erp-systems"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - 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Bassaw","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/eu.syspro.com\/blog\/wp-content\/uploads\/2020\/12\/Steve_Bassaw_blog_img-150x150.jpg","url":"https:\/\/eu.syspro.com\/blog\/wp-content\/uploads\/2020\/12\/Steve_Bassaw_blog_img-150x150.jpg","contentUrl":"https:\/\/eu.syspro.com\/blog\/wp-content\/uploads\/2020\/12\/Steve_Bassaw_blog_img-150x150.jpg","caption":"Steve Bassaw"},"description":"Steve Bassaw is the Product Manager at SYSPRO Canada. Steve has been with SYSPRO for 20 years in diverse roles such as Support, Consulting, Product Management, and Solution Architect. Before joining SYSPRO, Steve was a SYSPRO software super-user at a manufacturing company where he gained hands on experience using ERP to improve Operations and Supply Chain. Steve is also Chair of the Advisory Committee for the Business\/IT program at BCIT (British Columbia Institute of Technology).","sameAs":["http:\/\/www.syspro.com","https:\/\/www.linkedin.com\/in\/stevebassaw\/"],"url":"https:\/\/eu.syspro.com\/blog\/author\/steve\/"}]}},"metadata":{"_yoast_wpseo_focuskw":["ERP Systems Can Help Small Companies, Too"],"_yoast_wpseo_focuskw_text_input":["ERP Systems Can Help Small Companies, Too"],"_yoast_wpseo_title":["ERP Systems Can Help Small Companies, Too"],"_yoast_wpseo_metadesc":["SYSPRO has solutions available which are suitable for a wide range of business needs, in multiple markets and sectors."],"_yoast_wpseo_content_score":["30"],"_yoast_wpseo_primary_category":[""],"_yoast_wpseo_linkdex":["67"],"_yoast_wpseo_metakeywords":[""],"_wp_page_template":["default"],"_thumbnail_id":["5866"],"_edit_lock":["1742895194:224"],"_edit_last":["224"],"_webdados_fb_open_graph_specific_image":[""],"_webdados_fb_open_graph_specific_title":[""],"_monsterinsights_sitenote_active":["0"],"_yoast_wpseo_estimated-reading-time-minutes":[""],"_elementor_page_assets":["a:0:{}"]},"_links":{"self":[{"href":"https:\/\/eu.syspro.com\/blog\/wp-json\/wp\/v2\/posts\/8857","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/eu.syspro.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/eu.syspro.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/eu.syspro.com\/blog\/wp-json\/wp\/v2\/users\/135"}],"replies":[{"embeddable":true,"href":"https:\/\/eu.syspro.com\/blog\/wp-json\/wp\/v2\/comments?post=8857"}],"version-history":[{"count":1,"href":"https:\/\/eu.syspro.com\/blog\/wp-json\/wp\/v2\/posts\/8857\/revisions"}],"predecessor-version":[{"id":10776,"href":"https:\/\/eu.syspro.com\/blog\/wp-json\/wp\/v2\/posts\/8857\/revisions\/10776"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/eu.syspro.com\/blog\/wp-json\/wp\/v2\/media\/5866"}],"wp:attachment":[{"href":"https:\/\/eu.syspro.com\/blog\/wp-json\/wp\/v2\/media?parent=8857"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/eu.syspro.com\/blog\/wp-json\/wp\/v2\/categories?post=8857"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/eu.syspro.com\/blog\/wp-json\/wp\/v2\/tags?post=8857"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}