While most of the companies have been successful in adopting newer ERP systems, the future of ERP growth relies largely on the mobility and scalability it has to offer. Every business has different goals and so the plans to scale.
If the software you select cannot scale with you, there is no point in on-boarding such software in the very first place. Firstly, while selecting an ERP system, companies should be well aware of their goal and align them with ERP.
Secondly, they should make sure that software is scalable as they grow. Therefore, an ERP system that is mobile can go a long way and make your customers feel contempt with faster service and a great experience. The fresh interface will drive more engagement and faster closing of deals.
ERP Growth Depends on Mobile Application Development
What is ERP?
Now that we have been talking about ERP, let’s recap this term. So, basically ERP stands for Enterprise Resource Planning. In a nutshell, it is a software system that helps companies collaborate their multiple departments like accounting and finance, resource management, inventory, shipping, supply chain, etc.
into a single dashboard. Through smart reporting features, clean and comprehensive reports can be pulled out from the software as and when required. Also, the mobility offered by some ERP software empowers its users with the freedom to operate their business on the go. In other words, with ERP mobile app, you can feel free to access the important information required to drive in more sales anytime, from anywhere.
Why Companies Need ERP?
ERP system acts as a faster, simpler and more flexible business management solution for companies. With an ERP system, companies can
- get more work done
- gain full control over business processes
- be in touch with business all the time
- get the much-needed insights at the tap of the finger
- serve customers better
- and gain more agility
Mobile Application Development Benefits
- Higher Efficiency:
It increases employee productivity and business ROI
- Scalability:
Customized apps are used to handling multiple processes and load. Therefore, when it comes to a growing business, mobile apps can equally elevate their performance.
- Security:
Mobile apps designed with a specific purpose in mind adheres to security compliances and data security measures to protect the company’s assets.
- Easy Integration:
Mobile apps can be designed taking into consideration your business idea and concept. Hence, they can be easily integrated with third-party tools to increase productivity.
- Better Customer Management:
Mobile Apps offer a cleaner and simpler interface with easier accessibility. Also, with the growing popularity of chatbots with conversational AI, you can be available for your customers almost all the time.
As per the recent report released from multiple sources, mobile apps are anticipated to reach $188.9 billion in revenue by the end of 2020. This number has risen sharply in the past few years. In the year 2017, 178 billion apps were downloaded by consumers. The biggest advantage of using apps is it offers great accessibility. People can simply pick up their mobile phones to log into any app they wish.
ERP Growth and Mobility
ERP system is the backbone of an enterprise. Various departments collaborate data onto a single platform to drive faster communication and increase productivity.
Intuitive browsing experience offered by mobile apps is the greatest advantage for ERP systems. ERP growth largely depends on mobile applications because of the nature of the operation. It combines the data, which is usually required by sales, inventory and accounts professionals.
These people require flexible access to data since they cannot be stationed all the time. For example, in an e-commerce website, a customer has placed an order for a particular item. Let’s say that the item is unavailable. In this case, the business would lose a sale opportunity.
However, ERP software notifies the inventory stock’s status. The whole process of notifying the status to respective departments is done through the ERP software automatically, without people having to communicate with each other in person, through phone or email. So, considering this scenario, it is important to understand the gravity of the situation to act on grounds.
With the mobile app, it becomes easier for users to keep a track of the work process and progress without having to be stationed at a particular place and log in and out of their systems every now and then.
This ensures the work deadlines are met and the inventory is maintained up-to-date. As a result, leads will get converted into opportunities and opportunities into customers at a much faster rate. Also, the accounts department can keep a track of account receivables and payables without having to maintain a typical excel sheet.
Conclusion
ERP growth depends majorly on the development of mobile applications. This is because of the large market penetration of smartphones and the ever-increasing demand for mobile apps.
ERP software works well when it is used to gain real-time information on a particular process, task or work progress. The whole idea of an ERP system is collaborating with various departments of the organization like sales, marketing, supply chain, inventory, accounts, and resources into a single platform.
Mobile apps offer real-time information on task status and save time invested in longer communications. On the other hand, when a particular report is required on a specific subject, pulling out the data anytime from anywhere is easier as compared to logging into the bulky systems that are fixed only to work premises.
If mobile apps are designed and developed in an ideal way, the ERP systems shall be utilized to its highest potential delivering better business productivity.