Some businesses may ask, “Why do we have to upgrade an ERP system that isn’t broken?” Well, the benefits of upgrading your ERP to its latest version far outweigh the comfort of sticking with an outdated system.
Technologies like ERP solutions are constantly evolving. If businesses fail to keep up with these innovations, they become stagnant and risk keeping obsolete systems.
Oftentimes, businesses miss the signs that their system is due for an upgrade.
However, once minor red flags become real issues, they rush for an upgrade. Because of postponed upgrades, they end up needing to do more work to try to keep up with all the updates they failed to install.
A guide by MYOB shared the advantages of upgrading ERP systems to new versions. Read more about it below to make sure that you won’t miss out on any of these benefits!
Benefits of upgrading your ERP system
Boost automation
Upgraded ERP systems have the latest time-saving features. Developers are always looking to reduce manual tasks and eliminate unnecessary paper-based processes. With improved automation, employees can focus on more important tasks can lead to bigger business growth. These developments can look like new report templates and data entry automation tools.
Safeguard your data
You become more vulnerable to cyber threats when you’re running an older system. Businesses must boost the security their systems of due to new technology threats and government regulations by upgrading to the latest versions.
Stay competitive
Your business can be left behind if you insist on using the same version that you’ve been using for years. Your competitors may also be using new technologies to improve their operations and customer experience. By upgrading your solution, you stay ahead of the game with technologies.
Real-time visibility
An ERP system in tip-top shape can easily provide businesses with an accurate view of the business. New versions also offer additional features that help to search through databases and consolidate sources. Overall, a top-of-the-line system can help you make data-driven decisions when planning and forecasting.
Scalability
As your business grows, your ERP system can grow with you. Developed with scalability in mind, it will continue to support the growth and evolution of your business with each upgrade. But to add to that, newer ERP versions also come with additional compatibility features for third-party apps that can extend your ERP’s functionality.
Mobility
One the best things about an ERP system is that it allows employees to work from anywhere, at any time and on any device. As long as you have an internet connection, you can access the important information you need to accomplish your goals for the day.
Staying on the latest version keeps your system at its optimal state, ensuring that you won’t face any issues when it comes to syncing your data and staying connected to your system.
Need assistance upgrading to the latest version? We’re here to help.
To ensure the smoothest upgrade, contact the AlphaBiz Solutions team!
With a unique understanding of your business, our experts can walk you through the upgrade process. We can also provide you with all the supporting materials you need to make a seamless transition to the latest version.
AlphaBiz Solutions is also prepared to assist businesses in need of MYOB Advanced Support, MYOB Exo Support, and Sybiz Vision Support.
