Posted on 16th Dec 2019
Why Do Trading & Wholesalers Use ERP?
Enterprise Resources Planning (ERP) is one of the essential software for every business management system. Trading & Wholesale ERP helps integrate all your departments for better collaborations and real-time updates. The right digital solutions will help you reduce the cost of operations and increase efficiency in your operations. So you could have a better competitive advantage. Globe3 ERP software grants you a single platform to monitor all your various business functions to achieve operational readiness.
Reasons that make Globe3 ERP an inevitable part of any trading business:
-
-
- Reports with real-time updates: Enterprise resource planning (ERP) systems provide companies with real-time access to data, enabling them to generate reports that reflect the latest information. This allows decision-makers to make more informed choices based on the most up-to-date data.
- Accuracy in Reporting: Because ERP systems integrate data from multiple sources and functions, businesses can achieve greater accuracy and consistency in their reporting. This is because the data is entered once and is then available to all relevant departments, reducing the chance of errors and inconsistencies.
- Easier inventory management: An ERP system can help businesses optimize their inventory management processes. This includes tracking inventory levels in real-time, identifying slow-moving or obsolete items, and managing supply chain processes more efficiently.
- CRM to ensure customer retention: An ERP system can also help businesses to manage their customer relationships more effectively. Companies can provide personalized customer experiences and improve customer retention by integrating customer data across multiple departments.
- Purchase management automation: An ERP system can automate many procurement processes, including purchase requisitions, purchase orders, and invoice matching. This reduces the need for manual intervention and streamlines the process.
- Perfect demand and financial planning: An ERP system provides businesses with accurate and real-time data, which enables better demand and financial planning. This includes forecasting sales, tracking expenses, and managing budgets more effectively. This helps businesses make more informed decisions and reduce the risk of over or understocking inventory and overspending on costs.
-
Globe3 ERP with Free Demo
You can now wave goodbye to all manual business processes and grant yourself to focus on the bigger goals in the future with the help of Globe3 ERP.
Reach us now for FREE DEMO, or you can directly contact us with sales@globe3.com
#ERPsystem #Globe3ERP #TNOsystems