Blog Why you should use ERP if you want to grow

Why you should use ERP if you want to grow

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There isn’t just one way to grow your business. That’s the beauty of it. You can use any means available to achieve your business goal. But some means are more effective than others, mainly when you want to grow. For us, a synonym for effective growth is an ERP system. 

At one point, sooner or later, you will come to the crossroad and you will have to choose. How to process everyday business tasks more efficiently? Old ways of managing processes won't be enough if your company is growing. More on more data will be stored in chaotic spreadsheets, papers will cover tables and overtime will become a daily routine. 

Read on: Key benefits and drawbacks of ERP systems

 

ERP system to the rescue! 

Luckily, we live in a world where almost every business problem can be solved with a dedicated business app or tool. And for every growing business there is one type of tool that should be incorporated into the operation – enterprise resource planning, in short, ERP. 

If you, by any chance, never came across this type of tool, let us explain. It does exactly what it sounds like. You can plan your resources. And resources can be related to:

And that is just the tip of an iceberg. 

 

What can Vault do and 5 reasons why we would never give it up 

Vault has many benefits, but we consider these as key functions. Let’s divide them into categories: 

All-in-one business needs: 

  • All client and vendor information in one place.
  • Advanced project and procurement management features. 
  • Management of personnel, teams, departments, offices, and organizations.
  • An overview overtime worked and time-offs, the fulfillment of schedule, allocations.
  • Interconnection with other parts of the system. 

Financials: 

  • Evidence of financial documents.  
  • Overview of all company transactions.

Sales & New biz: 

  • Comprehensive overview.  
  • Management and planning of business opportunities. 

HR & Company Culture: 

  • Time effective hiring and onboarding of employees.
  • Evaluation of employees.
  • Motivation of employees. 

All of these are divided into 6 functional and interconnected areas: HR, Projects, Operations, Financials, Sales, and Company Culture. Every piece of data in Vault-ERP is secured by encryption, the system is GDPR ready and safe to use even with integrations. 

So why would we never switch to previous tools or processes we have used? 

Reason #1: Lowering costs 

Reducing routine work costs by automating business processes and digitizing your workflow. You can then partially invest the saved money in your own development and overtake the competition. 

Reason #2: Accessibility 

Your business results will be on hand at any time, anywhere and always up to date. This allows you to make decisions, even on a business trip abroad, or to take action at critical times. 

Reason #3: Paperless productivity 

The issuing of electronic documents, their circulation in the company, and the approval processes are automated by a correctly set information system. This will increase work productivity effectively. 

Reason #4: Time-related profitability 

Reducing time spent on tasks and see project performance, that was the main idea behind our first module. And it is tweaked almost to the perfection. 

Read on: Advantages of using software for resource management.  

 

If you are wondering about how YOU would benefit from using Vault, feel free to get in touch with us. We would be happy to help you on your way to grow. 

 

 

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