In today’s fast-paced data driven world, small and medium-sized businesses need every advantage they can get. Transactions are made and delivered in seconds, and with incredible data accumulation, companies need extra elbow room to scale up as needed. With that scenario in mind, your father’s ERP might not be fit for the times ahead.
Having a scalable ERP platform—one that you can add application pieces to or host in the cloud—is becoming more of the norm for fast-growing SMEs. According to SMB Group, here are the biggest reasons organizations are looking for scalable solutions to meet their aggressive business demands:
- Small to medium-sized enterprises (SMEs) often have sophisticated and industry-specific business processes and IT needs, but must address these needs with relatively small budgets and IT staffs.
- ERP solutions that can’t change with rapidly evolving and demanding requirements can inhibit rather than facilitate company growth.
- For a large number of SMEs, growth rate can be more significant than that of Fortune 500 companies. These figures can be in the range of 20%, 30% or even as much as 50% growth per month. At this staggering rate of growth, scalability in a system is necessary to avoid added platform costs.
- ERP solutions need to have the flexibility to support different deployment models, including on-premises and hosted alternatives.
As growing companies merge with or acquire other organizations, they often face the challenge of reconciling incompatible ERP systems. A common platform to share data is the optimal solution.
While scalability is in demand, the immediate thought for SMEs is how can we realistically move away from our ERP system without putting a halt to our operations? After all, a full-scale ERP implementation is not an easy rip-and-replace job. It can take anywhere from a year or longer and the cost can go through the roof. At least, that’s what’s been the case in the past. The prospect of such a lengthy, cost-crunching ERP implementation is simply not in the cards for small and medium-sized business owners. But what if there is another way?
With SAP Business All-in-One ERP, RJT has helped their customers add scalable ERP features and functionality without hassle or interruption.