{"id":3941,"date":"2021-04-15T13:10:00","date_gmt":"2021-04-15T13:10:00","guid":{"rendered":"https:\/\/www.balkanservices.com\/blog\/?p=3941"},"modified":"2024-06-21T11:10:46","modified_gmt":"2024-06-21T11:10:46","slug":"maximizing-the-benefits-of-erp-how-do-the-big-companies-do-it","status":"publish","type":"post","link":"https:\/\/www.balkanservices.com\/blog\/en\/maximizing-the-benefits-of-erp-how-do-the-big-companies-do-it\/","title":{"rendered":"Maximizing the benefits of ERP – how do the big companies do it"},"content":{"rendered":"\n

Maximizing the benefits of ERP – how do the big companies do it<\/h1>\n\n\n\n

When a company is in its infancy, business processes are relatively simplified and straightforward, and data is just beginning to become available.<\/p>\n\n\n\n

As the business grows, processes become significantly more complex<\/strong>, the volume of data grows exponentially, and mastering it becomes mission impossible. This is especially true with rapid growth and expansion.<\/p>\n\n\n\n

At this stage of organisations’ development, modern technology comes to the rescue. Although choosing the right business software is a complex and difficult decision, it is critically important because nowadays no business can grow and be competitive in the market without the use of IT systems.<\/p>\n\n\n\n

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How large enterprises manage their operations<\/h2>\n\n\n\n

ERP (Enterprise Resource Planning) systems are a must for all companies that want to manage their company resources<\/strong> in an efficient manner. <\/p>\n\n\n\n

ERP is a total business management software that automates and optimizes all the key processes in an organization.<\/pre>\n\n\n\n
Most large enterprises manage their operations with business software from globally recognized vendors such as SAP, Microsoft, Oracle or use a software product developed specifically for them.<\/p>\n\n\n\n
Such solutions are sophisticated, with numerous functionalities, contain a rich set of business data, and most users find it difficult or waste a lot of time in finding the complete information they need at a given moment.<\/p>\n\n\n\n
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Difficulties in data analysis with a high-class ERP system<\/a><\/h2>\n\n\n\n
Over the past few years, our team has completed projects with a number of large enterprises. Our experience shows that one of the most common challenges<\/strong> for companies using high-class ERP solutions is the implementation of reporting<\/strong>, as data analysis is not the main function of these types of platforms.<\/p>\n\n\n\n
Such integrated enterprise resource planning and management information systems provide a large set of operational reports, but face difficulties when management needs reports with data from different modules, consolidated information from different software systems or companies.<\/p>\n\n\n\n
This creates the following difficulties for corporations:<\/p>\n\n\n\n
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  • Heavy and cumbersome reporting process;<\/li>\n\n\n\n
  • Lack of intuitiveness when working with data;<\/li>\n\n\n\n
  • Problems with visibility and traceability at all levels.<\/li>\n<\/ul>\n\n\n\n
    Management, in turn, lacks direct and quick access to the necessary reports, analyses, key performance indicators and performance information on which to base management decisions.<\/p>\n\n\n\n
    Numerous reports and summaries are produced for management in Excel, Power Point or other formats that, however automated, require exports, manual processing or other intervention and support.<\/p>\n\n\n\n
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