3 benefits of an ERP upgrade for your business

Adnan Patel, Bhavna Agarwal
| 3/23/2022
3 benefits of an ERP upgrade for your business

Over the years, the world of technology has changed drastically.

That means since the last time you implemented an accounting software or an enterprise resource planning (ERP) system, a lot of updates have been made.

Your business continues to grow, but is your current system growing with you? As business requirements change and new capabilities are added to ERP systems, there might be an increasing misalignment in your system and a newfound need for an ERP upgrade.

There are a lot of intimidating parts about upgrading – the huge financial investment upfront, the overwhelming time commitment, and the need to hire additional resources. All that extra effort might make you want to skip the upgrade for years at a time.

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But think about what you could be missing out on by not upgrading.

Upgrading can sound tricky in the short term, but the longer-term effects of not upgrading can hold your business back from going where it needs to go:

  • Manual work could increase as your outdated and inflexible system will require more adapting to meet your needs.
  • Important decisions might be made without data as the speed of reporting and analysis will fall behind the pace of your business.
  • You could lack ongoing support or training if you try to increase the capacity of your system, meaning you might not be getting the best use out of your upgrade.
  • With outdated legacy systems, your business could fall behind the competition.

It doesn’t have to be difficult to upgrade your current system, especially if you have an experienced consultant on your side. Here are three benefits to an ERP upgrade that will help your business continue to grow.

1. Real-time reporting and visibility

With your ERP upgrade, you won’t have to deal with spreadsheets and a lack of controls. You’ll be able to create custom dashboards and scorecards that give you real-time, at-a-glance business insights that can assist you in making important decisions.

Work in custom, automated reports that you can populate with the touch of a button. You can put the right controls in place so that information stays in the right hands. Reduce the manual work and risk of human error, and easily keep your business compliant.

2. Compatibility with mobile devices

Imagine not having to go on your desktop computer to view metrics and push notifications or to submit or approve reports. When you complete an ERP upgrade, you won’t have to worry about being on the go. Everything you need becomes available from your mobile device.

Communicating with your team would also become easier. That means you can remain efficient and keep making the right decisions for your business, even from afar.

3. Ongoing testing and support

The ERP upgrade process has a lot of moving parts and can feel almost impossible. If you decide to upgrade your ERP, we don’t want you to have to do heavy lifting on your own. We can provide the guidance to get you through the process. The best part? Once you’ve upgraded, you won’t have to go through the hassle again.

Your ERP system will automatically be updated with new release features. And before your system updates, we will test it for you to check that nothing can break during the process. You’ll have a weight taken off your shoulders knowing that your system is in the best shape possible as you continue to grow. Plus, it can save you a lot of time.

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We’ve got an implementation model for every need. And when you need continued NetSuite support, you'll still be talking to the same Crowe team you started with.

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Step into the future as your business grows.

Upgrading your ERP doesn’t have to be as daunting as it seems. You may be spending more money and time upfront, but you will be reaping the benefits of an upgraded ERP system for years to come.

An experienced consultant from Crowe can discuss your business goals with you and help you create an ERP upgrade plan that can make your life easier. You’ll be feeling less stressed and more empowered to take the step into the future of technology that your business needs.

To help you become more familiar with the NetSuite ERP platform, check out these training courses.

If you’re ready to start talking about an ERP upgrade for your business, reach out to one of our technology consultants today.

Interested in learning more about a NetSuite ERP upgrade?

Contact us to hear about what it might look like to have a Crowe consultant implement your NetSuite ERP.
Adnan Patel
Adnan Patel
Principal, Oracle NetSuite Leader
Bhavna Agarwal
Bhavna Agarwal
Principal, Consulting