No business truly enjoys the idea of sunsetting its existing software solutions and rolling out new tech; platform implementation processes can be daunting, as can the learning curve associated with adopting new software.
However, clinging to legacy tech that has reached the end of its lifecycle can cost your business big time, and those costs will drastically outweigh any hurdles associated with adopting a modern platform.
With that in mind, here are four things that your outdated software may be costing your business:
1. Time
Time is one of the most precious — and limited — resources. There are only so many hours in the day, of course, which means your team needs to make every one of them count, but when its members are stuck with disparate software solutions and unreliable tech, they can’t realize their optimal efficiency potential.
Disjointed systems are especially detrimental to team efficiency, as these solutions require your staff to log in and alternate between multiple platforms; another major time waster is manual data entry, which is unfortunately commonplace when using yesterday’s tech.
All of that wasted time will lead to missed opportunities and exacerbate any staffing challenges your business is already experiencing.
2. Decisions
Even if you trust your gut most times, you still need to substantiate every major business decision with timely, relevant data.
There is just one problem: Your business data is scattered across countless systems that don’t communicate, meaning you will have to manually track down the insights you need, and by the time you find all the information you seek, it could be already weeks old. Worse yet, that opportunity you were exploring may have passed you by.
A unified solution supports lightning-fast decision-making by putting all of your business data at your fingertips. With a unified enterprise resource planning (ERP) platform like Acumatica, you can run reports in real-time and access meaningful insights about your business.
3. Errors
When your team is stretched thin and bombarded with manual tasks, human errors will most certainly abound. Even the most tentative team members will make the occasional error, and though they may seem relatively harmless on their own, they can add up and hurt your productivity. There is also the chance that an error will be significant and costly to undo, such as the deletion of a critical document. Your team could face regulatory penalties, dissatisfied customers, and lost profits as a result.
4. Data
With multiple systems gathering redundant data, your database will end up cluttered with incomplete files and information that is both duplicated and useless. Overloading your database with so much unneeded data makes reconciliation a nightmare and further hinders decision-making.
Additionally, gathering and storing redundant information will lead to excess data storage costs, which can be especially concerning if you are managing your data using on-premise servers and hardware. Still, even with using cloud-based data storage, a cluttered database can cost you a lot of time.
How Acumatica ERP Can Help
Acumatica ERP software is a cloud-based solution with a modular architecture, which means you can use it to replace your multiple disparate applications and consolidate data into a single, secure location.
Acumatica ERP is exceptionally user-friendly, and at your team’s disposal, it can automate redundant tasks, complete the majority of tasks in a single location, and help avoid the hassle of constantly switching between apps.
The Acumatica platform also includes dynamic data management and reporting tools. You can gather timely business insights in real-time, run detailed reports, and keep a close eye on the state of your business.
Accelerate Your Modern Software Journey With ASC
Don’t let old systems cost you time, money, data, or opportunities. If you are ready to embrace Acumatica ERP software and regain your competitive edge, you are going to need an implementation services provider to guide you on your journey.
At Advanced Solutions & Consulting Co. (ASC), we provide tailored Acumatica implementation services to clients across a wide array of industries. Our team is focused on condensing your company’s time to value, making your implementation as frictionless as possible, and configuring the Acumatica platform to meet your unique needs. Contact ASC today or watch our Acumatica demo, and let’s start planning your Acumatica implementation.
Additional Resources
Upgrade or Replace Legacy ERP? Factors to Consider