Significant improvements have been made to the functions of organisations in the last few years, especially with the use of new technologies. Enterprise resource planning or ERP has played a key role in these changes, with a centralised system integrating different business activities and processes increasing efficiency within organisations and boosting growth.
However, change does not stop there. Technologies and systems like ERP are constantly evolving as well and it is no longer sufficient to merely implement ERP within an organisation. Instead, businesses must upgrade their software and hardware to ensure the latest ERP version is in use and the infrastructure required for a system like enterprise resource planning or customer relationship management is secure.
Businesses that fail to keep up with these changes may find that they are unable to access all the features and benefits of a software like enterprise resource planning. An organisation may, for instance, find themselves unable to transition to a cloud ERP system or cloud CRM solution.
Due to this, it is extremely important that businesses keep up with technological changes and developments and watch out for the latest trends that will transform enterprise resource planning in 2021.
Several organisations have also made the transition from on premise ERP to a cloud ERP system. This applies to other systems as well and a cloud CRM solution a NetSuite partner in Sri Lanka can implement in an organisation has added benefits compared to on premise software.
However, ERP is now moving towards mobile systems, which will increase accessibility tremendously. Despite a cloud ERP system offering flexibility and remote access, users would be required to log in from a desktop computer or laptop. With a mobile ERP, users can access data and prepare reports from their mobile device.
Given the benefits of mobile systems, a NetSuite partner in Singapore may encourage an organisation to implement NetSuite’s mobile CRM software. While the cloud CRM solution by NetSuite can be considered one of the best in terms of CRM for e-commerce, their mobile software enhances accessibility and flexibility beyond an onsite or remote workstation.
With mobile ERP or CRM, an employee can access the features of the software even when they are away from their computer.
The Internet of Things or IoT has redefined connectivity by creating networks of devices and systems for enhanced integration and data sharing. Integration of different business processes and functions is the key purpose of enterprise resource planning and the combination of the two ensures increased efficiency and connectivity.
An ERP trend that organisations will see in 2021 is direct machine integration. There are several benefits to direct machine integration that a NetSuite partner in Sri Lanka will highlight when implementing what is the best cloud ERP software in your organisation.
One of the key benefits of direct machine integration is that it enables businesses to use their ERP software to its fullest potential and derive insights from machines. If a machine needs to be repaired, for instance, the ERP system will indicate a need for maintenance, which ensures minimal disruption to organisation processes.
Increased visibility of the supply chain and business functions will also allow teams to react to problems and find solutions immediately, thus increasing efficiency within the organisation.
NetSuite service providers can give you access to what is considered the best cloud ERP software. The features of NetSuite’s enterprise resource planning make it an extremely beneficial and necessary transition. Implementing the cloud ERP system or the cloud CRM solution can revolutionise the way the business functions and operates.
One of the main reasons NetSuite ERP is known as the best cloud ERP solution is that it takes into consideration the unique requirements and challenges of industries, whether it is manufacturing, energy, or healthcare. However, NetSuite does not stop there. The software also caters to different types of organisations, whether it is a family-owned venture, start-up, or a large enterprise.
With NetSuite OneWorld, organisations can easily manage multiple subsidiaries, business units, and legal entities and the unified, global business management solution supports consistent processes across countries. Systems like this will play a major role in the trend that is two-tier ERP, whereby tier one of the ERP system is used at a corporate level and tier two is used by the subsidiaries.
Enterprise resource planning with two-tier structures must provide a seamless experience and a secure infrastructure that ensures compliance and supports financial reporting in different regions.