What’s Your Flavor? Specialty Software vs. Enterprise Resource Planning Solutions

Your business is made up of distinct departments, such as accounting, manufacturing or distribution, inventory, shipping, marketing, and other activities.  Do you get individual, specialty software for each department or does an enterprise resource planning (ERP) solution suit your business needs better?

I can see how that can be a tough question to answer, but what if you could have the best of both worlds?  Essentially, an ERP solution is an integrated version with all the functionality of your specialty software.  Comprehensive ERP solutions, such as NetSuite® ERP, include accounting or financial management functions, manufacturing, inventory, assets management, purchasing, shipping and fulfillment, and other core business features.  Basically, with NetSuite ERP, you can have an all-in-one business management solution, instead of several separate specialty solutions.

A single business management solution makes it easier to monitor and share important business data than when using separate solutions.  Separate solutions have separate licensing fees, update schedules, and, likely, multiple vendors.  Cut down on the expense and the headaches of managing multiple specialty software programs, licensing fees, and software company contracts which are needed for software upgrades and troubleshooting.  A single business management solution, from a reliable software vendor, can be more affordable and easier to manage than multiple software programs with multiple vendors.

NetSuite ERP also introduces time-saving automation that can remove bottlenecks and common delays from entering, sharing, and monitoring important business data.  Instead of logging in and out of multiple specialty solutions and piecing together data, you can monitor key metrics from your role-based dashboard.  You can tailor user screens to highlight the data or functions that apply to your specific job and hide extraneous data that you don’t need or won’t use.  Keep tabs on inventory, sales figures, or proposed versus actual budgets, and make the changes that keep your business on the right track.  This automation cuts time, reduced the potential for data inaccuracy, and makes it easier for you to make quick decisions based on real-time, accurate data.

The main purpose for using specialty software is to manage a specific part of your business – accounting or financials, manufacturing operations, inventory, or other important functions.  You can find the same functionality in a powerful ERP solution and much more.  Contact Kraft Enterprise Systems, LLC to discuss how the right ERP solution can save time, improve data integrity and employee productivity, as well as drive business growth.

By Kraft Enterprise Systems, LLC, a NetSuite Solution Provider out of Tennessee