When it comes to digital transformation, decision makers are conscious of not wasting money on what they don’t need. In this case, what are the advantages of ERP over legacy systems?
Enterprise resource planning (ERP) systems have become an invaluable tool for the modern business.
Organizations rely on data more than they’ve ever done, and having the ability to yield big data sets to in order to make more informed business decisions is crucial in 2020.
The problem is that while many businesses do indeed have an existing ERP system, a substantial number are still operating with legacy solutions that are no longer fit for purpose.
By this, we mean that they lack the features and capabilities that should be expected in today’s business environment.
When we talk about “modern” ERPs, we’re most frequently referring to cloud solutions that are capable, scalable, and deployable across an entire organization. Legacy systems are more likely to be older, lacking features, and often restricted to a single department.
To the credit of SMBs, most are realizing the need to replace or upgrade their system, with over half of IT decision makers saying that ERP investment is their top priority.
So, what exactly are the reasons SMBs should be moving on from their legacy ERP? What are they missing out on by not investing in a cloud solution for their business?
We’ve put together this handy infographic so you can see the key areas where modern ERPs have an edge over legacy ERPs, and why small and midsize organizations should seriously consider replacing their system so as not to find themselves lagging behind their peers when it comes to technology.
Check out the infographic below to see the advantages of ERP over legacy systems.