Enterprise resource planning (ERP) software is fast becoming a comprehensive solution for everyday business operations, from finances and human resources through to manufacturing and supply chain. However, the next step in ERP is a custom software solution that takes your individual business needs into account. Here’s what you need to know about this sophisticated ERP option.
What is ERP software?
So, once again, ERP (enterprise resource planning) software is a tool for managing business components such as:
- Human resources
- Inventory and hardware
- Marketing
- Sales
- Business planning
ERP design might be standardized or custom and it should match your business area, operating specifics, business scale, and strategic commercial aims.
What are the ERP types?
There are three primary ERP options on the market. These are:
- Off-the-shelf software
This is ready-made or pre-built ERP software.
- Custom software
This is a fully customised solution. Your selected supplier will tailor-make an exclusive ERP system according to your requirements.
- Hybrid software
If you have an existing ERP solution but have new requirements which you need to address, then it’s worth considering a hybrid ERP option incorporating new modules.
What is custom ERP software?
For companies looking to introduce ERP software into their organisation, the custom ERP solution is considered first prize. Customising an ERP solution for your business requires an architect who can sit with you and built the software features that work into your particular operation. A customised ERP will take a little more time to get going than an off-the-shelf version, and is a more expensive option. But it’s well worth it.
What are the examples of custom software?
There are so many industries that benefit from custom ERP software and its innovative features. Here are some great examples.
1. Education industry
Schools can use ERP customisation for more personalised programmes that can handle all school management and administrative requirements. This can extend all the way from pre-school through to tertiary institutions.
2. Power industry
Those in oil and petroleum require customised ERP systems to meet increased safety standards. Through ERP customisation, businesses are able to access data for early warning to mitigate risks and avoid threats to operations or the environment.
3. Manufacturing industry
Different businesses within the manufacturing industry have very particular requirements. A certain product will create unique materials sourcing, development and commercialisation, and a custom ERP solution can meet these needs.
What are the benefits of custom software solutions?
If a custom ERP solution sounds like it could work for your enterprise, here are a few of the benefits associated with this software to tip you over the edge.
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Cost savings
Custom ERP software is a more expensive option. However, it’s worth the initial outlay when you require more features. Once the ERP system has been developed, you won’t have to pay much more to use it, whereas a ready-made system requires ongoing payments for use.
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Scalability
Your ERP software, even when customised, can be expanded or minimised where necessary to adapt to the changing market – or your changing budget. The past two years have shown that drastic fluctuations in the market can become a sudden reality, and businesses will have to adapt accordingly to remain competitive.
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Oversight and input
When you invest in a customised ERP solution, you’re the owner of the product with complete oversight and control of operations. The developer will spend time with you and get a feel for the company, how you operate and what works best. You’re able to give input and choose exactly what features you want included, as well as elements such as the structure, languages and design so it’s user-friendly.
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Third-party integration
When you buy a ready-made ERP solution, you have to pick and choose to find one that works with existing systems. It might not be the one you really want though. However, when you customise a solution, you’re able to develop an ERP system with the tools to integrate it into your system.
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Customer support
Working with a developer means you have the benefit of a team that has insight into your entire ERP system. When you need some assistance or there’s a hiccup that needs to be rectified, you know where to go. It’s simply a question of making contact and working through the system together. Customer support is a thing, particularly in the implementation phase.
Does your company need ERP software?
If you’re not yet sure whether you need a customised ERP for your company, here’s a checklist to consider:
- Is your ERP able to generate custom reports?
- Do you have a functional CRM system?
- Can users access the software on mobile devices?
- Do your software tools work efficiently?
- Are your customers satisfied most of the time?
If you’re answering ‘no’ to any of the previous questions, it’s probably time to get in touch with Omni Accounts. We’re a leading ERP software provider offering you a customised ERP solution that will drastically enhance day-to-day functions and take your business further.
