ERP Solutions & Their Benefits for Business

By |2019-07-02T13:34:32+00:00March 26th, 2019|Articles|

Introduction

Do you want to reduce paperwork and plenty of manual processes within your company? Is the productivity and efficiency growth your target for this year? Are you the one looking for the solution?

It is time for your digital transformation. And we have a perfect solution for you!

Living in the era, where the speed and efficiency are the key foundation of business success, the implementation of the software systems that accelerate daily processes and assist to monitor them in real-time, is essential. Enterprise Resource Planning (ERP) software have proven themselves as the indispensable solution for the purpose of business operation management and informed decision-making.

ERP system is designed to provide a centralized repository of enterprise data that makes business information accessible to the users in line with the processes they are completing. ERP solutions are invaluable in supply chain management due to their ability to allow stakeholders across divisions – purchasing, vendor management, accounting, warehousing, and others, – to all view the same data in the same place.

Undoubtedly, ERP software solutions have enormous number of the advantages for the modern business arena in Malaysia and beyond. Among its countless benefits, implementing ERP software can enhance productivity and efficiency, decrease costs and streamline day-to-day operations and processes.

Gaining more and more trust from the various industries across the world, ERP solution demonstrates excellent results in terms of efficiency, accuracy and productivity enhancement.

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The number of the benefits realized by the businesses since ERP software implementation is impressive! Information availability, less repetitive tasks, improved interaction with suppliers is only few out of many advantages discovered by companies across the world.

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In addition to the high number of the benefits realized by the businesses due to ERP implementation, the benefits realization timeframe demonstrates impressive results too: 48% of businesses report the positive impact of ERP on their performance just within first half a year since go-live!

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ERP Benefits for Your Business

In this section, we will have a closer look at the several out of variety key advantages of implementing ERP software for your business.

  • FLEXIBILITY - NO PAPERWORK!

Modern ERP software systems are robust, flexible, and configurable, offering thousands of essential functions for their users. Being able to deal with various scenarios faced by companies on a daily basis, the software is more than just a tool. It is a set of efficient solutions, tailored to the variety of industries. Being honest, ERP system flexibility and business adaptability are interwoven with one another. If you are locked into a legacy ERP suite with limited opportunities, then you lose flexibility and competitiveness. A truly elastic ERP solution will allow for easier day-to-day changes and amendments and enable you to avoid lock-in. This is only achievable with the modernized systems built specifically with flexibility to the particular client in mind.

As a conclusion, if your technology is limiting your adaptability, your employees will be stuck coping with legacy processes or data sharing limitations that lead to low productivity. With an ERP software, your leadership team will no longer be spending its limited time figuring out what’s happening by accessing and analyzing data from multiple, non-integrated systems. Instead, an ERP system gives you a real-time snapshot of what’s happening across your company.

With ERP software flexibility in place, your staff is empowered to operate at their best at all time.

  • REPORTING CAPABILITY - FAST DECISION-MAKING!

The overwhelming majority of ERP systems come with standard or advanced reporting functions tied to specific tasks and functions, such as inventory analysis reports, financial reports, sales reports, staff performance, supplier management reports and many more.

These reports can be tailored to fit your company's departmental organization, product groupings and sales regions to focus on particular parts of the business or specific needs. In addition, many ERP systems also include flexible report generation that makes it easy to develop unique reports that you view, print or download.

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To overcome those challenges, the effective solution is a must. With improved reporting capabilities, your company can respond to complex data requests more easily. Users can also run their own reports for decision-making purposes, without relying on help from IT department, saving your employees’ time to use toward other projects and urgent issues.

  • PLENTY OF OPPORTUNITIES - ACCELERATE YOUR GROWTH!

ERP system solutions allow your business to proactively plan for the future business growth.  Undoubtedly, the more advanced features of the system your business is using are the ticket to continued company growth.  True mid-market ERP systems will provide additional functionality for virtually unlimited database size and transaction volume, meaning your business will be able to continue using the software even as growth escalates overtime. ERP systems also provide functionality for multi-currency, multi-branch and multi-company in order to expand the business and serve more markets.

In the section below we will cover the amazing features of Wavelet EMP solutions for SMEs and big enterprises. Explore the software with us and feel free to contact our team anytime!

Conclusion | About Wavelet EMP

Wavelet Solutions Sdn Bhd was incorporated in October 2003 to develop, implement and market our core product, a web-based ERP system, called “Enterprise Management Portal” (a.k.a EMP).

EMP is a cost effective web-based software that runs on open source platform targeted at retail chain stores, trading and distribution companies. Currently, the EMP has gained traction in several industries including computer retailers, mobile phone retailers, furniture shops, shoes / footwear company and florist. EMP has already found its way into companies in Malaysia, Hong Kong, China, Singapore, Thailand and Brunei.

The key features of Wavelet EMP :

  • Web-based software
  • Unlimited number of users
  • More than 1,200 functions
  • Cross platform compatibility
  • Third party integration
  • Speed and Reliability
  • Enterprise Data Security
  • Source code availability
  • Premium Technical Support
  • Advanced permission protocol

Wavelet EMP solution is aimed at assisting SMEs and big enterprises to expedite decision-making, integrate processes, and access real-time information with ERP solutions that scales along your business growth. Following are just few out of many benefits of EMP:

  • Reduce Total Cost of Ownership
  • Optimize Cash Flow and Inventory
  • Eliminate the need for Data Synchronization
  • A Real-Time, Comprehensive View of Business
  • Supports distributed Organization
  • Multi-company, Multi-branch in a Single Database
  • Cloud-based Software as a Service (SAAS)

EMP is a cost-effective web-based ERP software, aimed at transforming the business management processes into the single complete well-coordinated mechanism for effective decision-making and performance excellence.

Our EMP system offers a wide range of modules to maximize the efficiency of your business:

  • Accounting & Finance
  • Inventory Management
  • Distribution Management
  • Procurement Management
  • Supplier & Customer Management
  • Product Management
  • Sales Management
  • Warranty & Customer Loyalty Program
  • Advanced Reporting
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Serving as a helping hand for a number of niche markets, such as retail chain stores, trading and distribution companies, Wavelet EMP (ERP) software solutions have captured the attention of various branded customers in a range of industries including computer retailers, mobile phone retailers, furniture shops, shoes / footwear companies and many more.

The client-centered approach is at the core of the Wavelet Solutions. Developed and implemented with the customer in mind, our ERP, Software development and Cloud services are more than just ‘products’; they are the thought-out solutions tailored specifically for your business. Comprised of representatives from more than 15 countries, our Wavelet team always ensures the high quality of the completed work and maintaining strong friendly professional relationships with every client. Together we grow!

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To explore more about our EMP software, please check our website : https://wavelet.net To contact our team for more information, please use the following :

Phone : 1700 817 538

Email : sales@wavelet.net

Contact Form : https://wavelet.net/contact-us/

Live Chat : https://wavelet.net/

Looking forward to hearing from you soon!

Your Wavelet Team.