SAP (Systems, Applications and Products) is the name of the world’s leading ERP (Enterprise Resource Management) solution—an information system that helps a data-driven organization centralize data from different processes and departments, thus ensuring that information flows smoothly and securely.
Implementing SAP has several advantages for a business that works with large amounts of data. Here are six key benefits of upgrading your company’s data management to an advanced SAP product.
Integration of various types and sources of information
SAP brings together different databases being used within the organization and provides a seamless platform for integration and use of information. With all data stored in one location, the in-house IT department can improve data management and data quality by integrating the SAP ERP with existing platforms, such as the CRM (customer relationship management) software.
This integration and amalgamation of data ensures greater accuracy and consistency and diminishes the risk of erroneous and duplicate work.
A good ERP solution removes inefficiencies in core functions by removing repetition and eliminating the need for manual data processing. As the various systems across the organization get streamlined and data collection, processing and management become easier, employees are able to work more efficiently and increase their productivity.
Long-term monetary savings
As users get access to real-time data at a single point, they can make faster and more accurate decisions. This indirectly affects the operational costs of the business. SAP also enables companies to cut down administrative expenses. Managers can have greater control over delays and breakdowns and preempt potential disruptions in key processes.
By choosing a data quality management solution provider that has the expertise and experience to meet your business needs—such as the Duluth-based FirstLogic Solutions—you’re sure to see good returns on your investment in an ERP product.
Ease of reporting
One of the less discussed advantages of a great SAP solution is the in-depth, data-driven reporting it provides. ERP makes it easier for managers to generate customized reports, which allows them independently use data for complex reporting. This enables the in-house IT team to focus on other important tasks.
Enhanced data security
Data security is an inherent feature of SAP software. An ERP system enhances the accuracy and quality of data and offers greater data protection via an in-built security system and firewalls. Not only this, managers can choose the level of access to data, which allows them to restrict data usage and further bolster data safety.
Any software solution that cannot adapt itself to an organization’s changing needs is not quite worth the investment. A good ERP system is inherently adaptable, which means that as your business grows, you can add or remove users, introduce new functions, and integrate new systems when needed.
While most ERP software solutions offer these features, remember that not all SAP products are made equal, so choose a reliable ERP vendor and make sure that you understand what you’re getting before signing on the dotted line.