It's Not the Software... or Is It?
3 Keys to Having Your Company Run Efficiently and Effectively

In today’s digital age, enterprise software solutions are robust, smart, and bountiful. Companies can no longer hide behind their software. This means in order to set your company apart from the competition, it is more important than ever to have sound and efficient business processes coupled with a robust enterprise software system. 

It is surprising how many times we’ve heard that process problems are due to the enterprise software solution. Yes, in the past when ERP systems were in their early stages some processes may have been labor intensive or different systems didn’t talk to one another – but this is no longer the case. ERP and other enterprise software solutions are now the core of a company’s knowledge center. Not only are systems connected to each other, but they are also connected to the internet - allowing companies to interact with their different departments, customers, vendors, etc. seamlessly.

With software at such a high performing level, we have found that what really sets businesses apart are 1. Optimized and efficient business processes, 2. Having the correct enterprise software system, and 3. Having the correct configuration. Having these three success factors aligned is the key for your company to run efficiently and effectively. 

1. Optimized and Efficient Business Processes
Business Processes are the core of every business and can be a key differentiator for your company. Even if you have the best product on the market, if your business processes are inefficient you are missing out on potential revenue and growth. There is no better time to evaluate and reengineer your processes than during the selection and implementation of a new ERP system.

2. Enterprise System Selection
Yes, this whole article is highlighting the fact that you can’t hide behind the software. That being said, if you happen to really need a specific feature, say you are a global company and need to deal with multiple currencies and conversion rate, at the end of the day you need to make sure that your software system is going to be able to accommodate it seamlessly. Make sure your enterprise software system is driving business growth, not hampering it. 

3. Correct Configuration of your Enterprise Software System (Avoid Customization)
Generally speaking, if your system is configured correctly for your unique business requirements, it should be able to streamline your processes and save you time and money. This is no small task, and often times we see that systems are not configured correctly which ultimately cause pain points whether it be loss of revenue, increased time to complete tasks, or added manually work arounds.

It is an exciting time to be in the ERP landscape, whether you work in manufacturing, distribution, healthcare, the financial sector or elsewhere – ERP Solutions and Enterprise Software in general has become such a strong tool for companies to leverage. As more and more software systems are moving to the cloud, updating their third-party integration capability, and are getting better at solving business problems every day… there is no better time to start evaluating how your software is working for your company.

If you are bogged down in manual processes, or if you just want to take a look at your current system with an independent ERP expert, Liberty Technology Advisors is here to help. We truly enjoy helping our clients optimize their processes and empowering them to run more effectively.