If you’re company has been on a legacy, on-premise ERP, it might be difficult to visualize a future beyond your current system. What would change if you updated your software? How would your workflows adapt to more automation? How could you control who can see the right data? What new integrations should you take advantage of?
However, once you’ve jumped to the cloud, you’ll have all the features of modern ERP systems at your fingertips, so you can easily monitor your data and streamline communication across teams.
What is ERP Modernization?
ERP Modernization is the process of updating your Enterprise Resource Planning (ERP) software. This may include:
- Integrating new features
- Migrating to cloud-based solutions
- Updating your current software
It’s important to analyze your ERP system regularly to figure out whether or not you’re due for an upgrade. ERP Software capabilities are constantly evolving, and updating your systems allows your team to work more efficiently.
Why Modernize Your ERP System?
Your ERP system needs to be able to adapt to your business needs, and if your current system is causing data silos and confusion across your teams, it’s time to modernize. Modernizing your ERP system:
- Reduce cost
- Increase scalability
- Allows for more informed decision making
- Increases security
- Allows for more flexible integration
Modernizing your ERP system benefits your whole company, and your entire team will be able to take advantage of all the features of modern ERP systems.
Features of Modern ERP Systems
The updated features of modern ERP systems can help improve team productivity and workflow efficiency while actively protecting your data. Unlike legacy systems, modern systems are designed to be customizable, so your company can integrate the modules that work best for you.
From increased security to data transparency, modern ERP software is essential for any business that doesn’t want to fall behind.
Cloud Deployment
Unlike legacy systems that utilize on-premise deployment, modern ERP systems are cloud-based. Cloud deployment allows for better security measures, scalability, and more integration possibilities.
Being cloud-based gives your company the option to scale up or down depending on your business needs. It also allows you to seamlessly integrate with other applications, ensuring an efficient transfer of data.
Mobility
In an age where almost everyone carries a mobile device, the ability for your ERP system to have a mobile-friendly and easy-to-use interface is crucial. This allows your team to access information from anywhere so they can complete tasks wherever they are. In a time when remote work is increasingly popular, this feature is non-negotiable.
Security Features
Thanks to data encryption and real-time, continuous monitoring built into many modern ERP systems, data security measures have never been better. Modern ERP systems often utilize role-based access control, which means you can determine which team members get access to specific data, reducing the likelihood of accidental leaks.
A good ERP system will have a documented plan in case of suspicious activity, so your system is prepared in case a security incident occurs. These systems should also comply with regulations like HIPAA or GDPR, so you can be certain your data is safe.
Scalability
Modern ERP systems are built with the future in mind. These systems adapt to advancements in technology, regulatory changes, and a variety of integrations, meaning your system will change as your company evolves. Modernizing your ERP system gives your software the ability to adapt to your business needs, making your system future-proof.
Automation
Your ERP system should make it easier for your team to complete repetitive tasks. Added automation capabilities make it easy to streamline your workflows and allocate resources properly.
Many modern systems are starting to utilize AI to help with automation. Features like predictive analytics, robotic process automation, and virtual assistance are all AI-driven capabilities you may see in modern ERP software. Together, these features can help your team accomplish more in less time.
Real-Time Analytics
To ensure effective communication across teams, everyone needs to be looking at the same dataset. If members of your team are referencing different versions, it can cause confusion that disrupts the decision-making process.
Luckily, modern ERP systems can show real-time analytics, giving your team all the information they need to make informed decisions as new opportunities arise. This increases trust and transparency between teams and allows you to monitor metrics in real time, giving you a more accurate representation of data.
ERP Modernization with the eOne iPaaS+
By utilizing the eOne iPaas+, your team can get access to the right data at the right time. No more sifting through incomplete or outdated data; eOne Solutions is here to fill in data gaps and make sure your ERP system is as efficient as possible.
SmartConnect ERP Integration: The Smart Choice
Transfer your data from your legacy ERP system to your modern ERP system using SmartConnect. No need to hire a developer or rely on third-party APIs; SmartConnect gives you the power to connect your systems without writing code.
Stay in control of your ERP data migration. Choose when and how data syncs between your systems with SmartConnect.
Popdock ERP Integration: The Window to Your Historical Data
With Popdock, you can harness the power of virtual integration. Popdock allows you to see all your historical data in your preferred dashboard without needing to migrate it into your new ERP. Popdock allows users to:
- Securely access historical data
- Embed that data inside their new ERP software
- Search through and report on that data
Say goodbye to extra data storage. With Popdock, you can get all the access you need. Take advantage of virtual integration today and take control of your data.
Closing Thoughts
The benefits of modern ERP system features positively impact nearly every aspect of your business. Features like scalability and automation aren’t only nice to have; they are necessary to set your company up for future success.
Combined with the eOne iPaaS+, you can craft a system that increases efficiency while keeping security top of mind. Contact us today to learn more about how we can help your ERP modernization process go smoothly with data migration and virtual integration.
