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SaaS ERP for SMEs

Hi guys, and welcome back to another blog!


This week I will be sharing my thoughts on SaaS ERP for SMEs! These tools are very beneficial for small and medium businesses as they offer cost friendly alternatives to traditional ERP. These solutions are cheaper than traditional ERP – SMEs can avail of the service by paying a monthly fee rather than a once off upfront cost. This allows the SME to save their precious capital and use it more efficiently in other areas of business expansion.  The providers of the service manage security & maintenance with automatic updates – This is a huge breath of fresh air for SMEs. SaaS ERP systems gives SMEs access to state-of-the-art analytical tools that provides the digestion of real time info which allows for smart data insights and for thought out decision making.


SaaS ERPs are very inclusive and flexible as they can grow with the business – Basic packages are available at a lower price and as the business grows more companies can upgrade their package to align with their changing needs as a growing business. In the modern workforce it is important to facilitate for remote working & SaaS ERPs allow for this as they are cloud – based. This is great as it keeps people working collaboratively and leads to a better-connected improved team.




SAGE Intaact, (Intelegain Technologies, 2024)


I would call on any entrepreneur reading this to consider using SAGE Intaact because it is cost effective and simple to use. Please see video by Sockeye Consulting for a full description of features and benefits:

(2951) Sage Intacct Overview: A Comprehensive Video of Features and Benefits - YouTube




(Workday, Intelegain Technologies, 2024)

Workday Enterprise Management Cloud | Finance, HR, Planning, Spend | Workday US

The platform Workday makes use of the latest features in AI.


SAAS on the rise

According to Ascendix Tech (2022) SAAS is responsible for 70% of company software worldwide.

Due to:

  • Expertise
  • Cost – Savings
  • Security

SaaS ERP can go wrong if:

  1. Parallel system not in place during cross – over.
  2. Staff not training/ bought into the idea
  3. Management providing insufficient time and funds to system


Overall, I think that SaaS ERPs are great as they allow SMEs grow and compete with bugger companies.

Stay tuned for next weeks blog!





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Location: Europe

Comments

  1. Kevin PowerNovember 5, 2024 at 11:18 AM

    Very interesting topic - it is so important that small businesses can remain competitive with bigger players

    ReplyDelete
    Replies
    1. Dara EganNovember 5, 2024 at 5:53 PM

      Thank you for the comment - That is a perfect point, the business environment must be competitive for consumers as increased competition leads to better welfare

      Delete
  2. Niall WalshNovember 8, 2024 at 11:41 AM

    Real interesting topic, competitiveness for small companies is so important!

    ReplyDelete

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