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October 02, 2023
The importance of an ERP in the digital transformation of SMEs
Digital transformation has reached SMEs. Does this sound like you? You may have heard about digital transformation in recent years. But what exactly is it? Does it really benefit SMEs? You can find the answer to this and other questions in this article.
In the following article, we give you the information you need about digital transformation in SMEs. We'll explain both what it is and its impact. We also address the fundamental question of what is the best technological solution available to you. Let's get to it!
Digital transformation in an SME is the next step to growth
Market developments point unequivocably towards a single point: digitisation. There is no longer any doubt that productivity and profitability are intrinsically linked to the use of state-of-the-art applications and software. This change of model has been given the popular name of digital transformation, referring to the implementation of the latest technologies in companies.
Large corporations have been digitised for many years. Their huge structure has forced them to migrate to automated solutions and to the cloud. These organisations also have greater resources to change their work flows.
However, the same has not happened in many SMEs. These small businesses are easier to manage and have fewer resources to make significant changes to their methodologies. Then there is the widespread philosophy that has often proved to be misguided: why fix it if it isn't broken? But the truth is that when there is a more efficient way of doing things, the question is why not implement it straight away.
Advanced software solutions are no longer just something for large companies. They are now more accessible and adaptable for SMEs across all sectors. Moreover, they are often seen as the only way to increase competitiveness in an increasingly technological world. It is therefore safe to say that digital transformation in an SME is the next step to growth.
The consequences of not undertaking digital transformation
Let's look at three negative consequences of not implementing a digital transformation process in an SME, hopefully a good way to convince you of its importance:
- Manual work implies more errors. The automation offered by some applications, such as an ERP, cuts out human errors at the root. Repetition of tasks or poor customer service is thus avoided.
- There is a real risk of disappearing from the market. Digitalisation is spreading rapidly throughout companies. This facilitates collaboration between companies and employees in the same organisation. Not adapting to the new software based model and the cloud can place an SME on the path to extinction.
- Productivity is profitability. A business that works fast and without errors is more productive. This underpins the profitability of the business, which is able to produce more with the same resources.
SAP Business One, a sure bet for digital transformation
We do not want this to be a purely theoretical article in which we only talk about digital transformation in SMEs from a general point of view. On the contrary, our intention is to help you see the advantages of this process and to offer you the best resources to put it into action.
One of these is SAP Business One, a tool that will be your company's greatest ally when it comes to going digital. SAP Business One helps with digital transformation. Below, we will see what it can contribute to your business.
Sales management
SAP's powerful ERP software package includes a module to manage the entire sales process, from customer acquisition to the collection of invoices issued. Many of the tasks are automated and a record of all changes is stored, allowing greater control over the marketing of each product.
Industrial process management
SMEs with industrial processes have a very useful set of utilities at their disposal in SAP Business One Inventory management, even if there are several warehouses, product availability and manufacturing orders are all handled under the same umbrella.
Take control of the financial side
Finances also have their place in this versatile ERP. This allows you to regain control of collections and payments, while ridding yourself of tedious and repetitive tasks. Leaving this delicate aspect of an SME to an ERP has another advantage. Human error is a thing of the past.
Your company in the cloud
The cloud is a technological concept that is having a profound impact on companies. Processing, storing and updating all data on a single remote server allows any employee to access the necessary information without delay.
Furthermore, the control of all company processes in real time can be carried out from anywhere in the world. You just need an Internet connection.
Why start digital transformation in your SME now with SAP Business One?
Digital transformation in an SME is a task that we all have to face sooner or later. However, you may be unsure whether now is the best time to start. Hopefully our explanation has made it clear, however, that there is no time to waste. So, where to start?
SEIDOR is your reliable partner for digital transformation in your SME. We advise you on the implementation of ERP software solutions like SAP Business One, which is extremely reliable because of its functionalities.
We accompany you throughout the process and adapt the tool to your business.It's time for digital transformation in your SME now!
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