Cloud ERP solutions align a business’s back office with its front office, allowing employees to do their job more effectively and efficiently. By integrating everything into one system, no longer will sales have to chase down someone in inventory to confirm product availability or accounting need to hound billing to find out whether an account payable has been processed.
By bringing the entire organization together under one solution, each department can communicate in real time and avoid the chasing, miscommunications, and any other inefficiency-causing hiccups. Cloud-based ERP software such as NetSuite aims to unify and improve your business from one end of the process to the other. Let’s take a closer look at how cloud business management solutions can help everyone in your organization.
Cloud ERP solutions make data, financial information, and reports available to the CFO on a need-to-know basis—giving them the insight to make smarter and more informed business decisions.
The controller needs to know where all of the money stands to optimize cash flow. Cloud ERP solutions allow the controller to see relevant KPI’s to track important stats and plan for the future.
Utilizing cloud ERP solutions allows for invoices to be associated with certain accounts, customers, and their related accounts payable. This allows billing clerks to automatically see when invoices are due and what accounts they are tied to.
Sales managers will benefit by using a CRM that is integrated with the back-office, providing a clear view into KPIs upon login.
Sales Reps and Support
The sales team will benefit from the ability to put quotes put together faster, instantly check inventory, and ensure customers have been notified of changes or updates.
Engineers need information communicated to them and need to get their bill of materials out as soon as possible. Cloud-based business management solutions allow the engineering team to see orders, assess the required materials, and check inventory.
Plant managers can use data obtained through the business management platforms to check on activity, run reports, and schedule more efficiently.
The marketing team can run campaigns, calculate ROI, measure engagement, and identify which keywords are converting into site traffic and leads. Aligned business management allows other departments the visibility into current marketing campaigns and communication.
Marketing can see, in real-time, the information they need to find the business’ sweet spot and go after a highly targeted market. Business management software such as NetSuite can integrate with HubSpot for the best of both worlds for the marketing team and accounting team.
E-commerce has turned into a big sales force for many companies. Being able to transition an online sale to the sales team, production, inventory, etc. is pivotal. Modern business management solutions encompass ERP, CRM, and e-commerce in one.
The CIO needs to ensure system security, scalability, and overall soundness. Cloud ERP software means that all information is kept in a secure database, the system is available, and updates require fewer resources.
The CEO of any organization needs to have visibility from the top-down. CEOs want the ability to check-in on every department as needed and the reporting tools to manage their business effectively and efficiently.
The CFO can look at real-time reports and determine how they can best align the company for the most growth. All financial reports would take into consideration each departments activities giving them a clear, true view of the company status.