A centralized platform, ERP software enables varied departments within an organization to collaborate in an efficient manner thus helping to streamline most crucial business functions. The ERP software for manufacturing industry in India have been hanging around for some time and aiding businesses to automate their workflow, to streamline the finances of the businesses and overall improving their operational efficiency. Quite similarly even the Hospital Management system In India and the Hospital Management Software in India too has been performing quite efficiently by enabling Hospitals to carry out their functions in the most effective manner.

Inspite of the fact that, ERP enjoys great fame as well as acceptance from big business enterprises, small businesses tend to overlook the benefits and impact that ERP software can offer. In short most small businesses tend to avoid ERP software as they are afraid of the same. They have doubts about affording an ERP system.

On the contrary, ERP solution if adopted by small businesses can play a crucial role in enabling the small businesses to drive the business ahead of its competitors. Before understanding further, there are a few tell tale signs that any small business owner needs to keep an eye on:

• Do your employees spend greater amount of time in searching for a particular data?
• Are your employees making use of third party enterprise management applications that do not integrate with each other?
• Does a centralized hub exist?
• Is there failure on the part of your team to collaborate and share data?

In case the answers to all the above signs are in the affirmative, then it is high time the business invested in a robust ERP software to attain the below mentioned benefits:

• Better and Improved Internal channel of communication:

By providing a centralized data hub that is easily accessible, ERP eradicates the communication barriers prevailing between different departments in an organization. This opens the passage for efficient communication resulting in smart decisions eventually leading to improved operational performance.

• Efficient Automated Processes leading to effective process handling:

Manual entries done are prone to errors. The same if done using automation requires less human intervention thus leading to decreased errors in critical business process. Also automation enables effective process handling thus saving the valuable time of employees which can be effectively used for other strategic activities that calls for degree of human intelligence.

• Integration of ERP solution with CRM Software:

Most businesses prefer merging ERP Solution with CRM Software to enable the marketing teams and sales team to work together in the most efficient and fruitful manner. Amalgamation of ERP with CRM provides the most imminent and impending data about a company’s prospects, target audience, customers, inventory, stock etc. just at the tap of a button.

• Improved consumer relationship:

The sooner a company acts in response to a prospect or client, the improved will be the relations with them. Processes requiring paper based solutions consume lot of time while automated ERP systems enable a business respond to a customer’s query in the least possible time.

In short, ERP software helps a developing business to compete with its competitors without compromising on the budget.