The transformational powers of Cloud ERP for Manufacturing
The Cloud ERP has the power to radically transform small and mid-sized manufacturing for the better.
Small and mid-sized manufacturers typically used to manage their operations through spreadsheets or accounting software. As better technologies have been introduced to manufacturing, they found this method lacking in many respects. Manufacturers of today need more than a basic knowledge of what’s happening inside their organization. They need solutions that provide global relevance and detailed understanding of how their operations work in real time.
An enterprise resource planning (ERP) solution has always been the tool that could help a company to grow faster, address inefficiencies and be relevant to global ambitions. The arrival of the cloud ERP solution made ERP access feasible to small business too- a competence that was out of limits for them earlier.
Those that still use spreadsheets and accounting software as the backbone of the operations management strategy find themselves struggling to grow and compete. An ERP has become an essential part of doing business and organizations that choose to ignore it will not be around a few years from now.
With the advent of SaaS and cloud-based ERP applications, ERP use now requires affordable time and resource commitments with a high level of automation and uptime.
Small businesses can now have the technical confidence to optimize all areas of manufacturing, from planning and procurement to manufacturing and distribution and address multiple business entities, geographies and currencies without breaking into a sweat.
With growth come challenges that are not so easy to address effectively with traditional solutions. One key challenge is the ability to support a global reach of operability and how to manage the operations across geographies. Customers, suppliers/vendors might reside in other countries, and this introduces complications that many without an ERP will find nearly impossible to navigate.
With an ERP system, manufacturers can tackle these incumbent international issues like the multinational or multicurrency nature of transactions; manage global relationships, including accounting issues, logistics, and regulatory matters easily with inbuilt features and functionalities.
Competing today isn’t just about having global reach but also being able to respond quickly to market shifts and customer demands, and being cost competitive while being responsive enough for market demands. Lean and agile manufacturing is also a critical need of the day and the solution should be geared to support it too.
Each firm needs to have the right planning, forecasting, and insight capabilities to operate optimally while operating on less. Spreadsheets and accounting programs can’t provide that level of insight. It takes an ERP to tap into both historical and real-time data to provide the ground for insight into changing trends, efficient processes, and customer demands.
If this scenario sounds tough to you, here’s news for you – it is only slated to get worse and you as a manufacturer has to get ready for it.
The cloud ERP with its easy scalability and automatic updates offers you the most relevant and updated solution for your business needs as they evolve in real time and in the future.
The availability of ERP in the cloud is no longer just an option for manufacturing enterprises but a critical requirement for small businesses that want to become and stay relevant and profitable in their market segment today and tomorrow.
Why the Versa Cloud ERP
Every successful business eventually outgrows Excel spreadsheets and old software. If you are looking for new software that eliminates post-it notes, spreadsheets, and add-ons consider Versa Cloud ERP.
Versa ERP formerly VersAccounts is a modern all-in-one software created for fast growing inventory heavy manufacturing, distribution, and e-commerce businesses moving to the next level. It is more powerful than old software used by your larger competitors, yet simple and affordable enough for use in businesses like yours.
Yearly fees start at USD $1,800 per year for all of the capabilities included in the Versa software including financials, AR/AP, manufacturing, inventory, warehouse, shipping/receiving, logistics, projects, CRM, B2B/B2C e-Commerce and more.
Setup is self-service with guidance provided by Versa making it quick and inexpensive.
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