Top 4 Challenges for Growing Businesses

Lumenia Guest Post from Ashlee Kane, at Vision33

Watching your business grow as you achieve your goals feels like a dream come true. Higher profits, new customers, and more locations indicate your business is thriving.

But the challenges can pile up almost as quickly as the achievements—and if you’re running entry-level software, its limited capabilities will make it difficult to overcome those challenges.

You need new tools to solve challenges, recognize potential issues, run simple, grow fast, and drive profit.

Many business leaders are turning to enterprise resource planning (ERP) solutions because of the power and agility they offer fast-growing businesses.

One popular ERP solution is SAP Business ByDesign. This easy-to-use cloud-based ERP solution helps businesses overcome the common challenges associated with growth so they can continue to succeed.

See SAP Business ByDesign at the Lumenia ERP HEADtoHEAD evnet

Here are four challenges you can overcome by switching to SAP Business ByDesign.

Insufficient Financial Management

SAP Business ByDesign provides up-to-date financial information for multiple operating units in an all-in-one platform. Poor cash flow management, payment delays, and the need for financial variance analysis are common issues with entry-level software—but ERP solutions overcome these issues.

Automated, real-time financial reporting allows users to receive payments throughout the organization and easily analyze finances, taking accounting to the next level.

Limited Access to Useful Data

If you use Excel to manage data, you’re missing out—old-fashioned spreadsheets can’t put information to work for you.

SAP Business ByDesign’s centralized database stores real-time information, which is critical for collaboration and better business decisions. You can use this up-to-date, accurate data to auto-generate reports and strategize without waiting for the information you need—it’s always at your fingertips.

Plus, traditional spreadsheets don’t protect you from malware that steals confidential data—but cloud-based ERP does.

Manual Processes That Drain Productivity

SAP Business ByDesign enables businesses to automate error-prone manual processes—like manual data entry—and run more efficiently with fewer employees.

Automating labor-reliant tasks reduces errors, eliminates tedious busy work to maximize employees’ time, and offers more opportunities for innovation.

No Integration

Entry-level software offers weak—or, more often, non-existent—integration capabilities. Disconnected systems waste time, increase mistakes, and make decision-making harder.

SAP Business ByDesign integrates eCommerce, customer relationship management (CRM), and EDI trading partners onto one platform, expanding your ability to manage your warehouse, maintain inventory, improve customer satisfaction, and compete in today’s marketplace.

At Vision33, nothing comes before our partners’ and customers’ growth needs—our mission has always been solving business challenges and streamlining processes to accelerate growth. In our 20 years, we’ve won multiple awards as an SAP Gold Partner for our success in this mission.

We build long-lasting relationships by helping businesses adapt, grow, and scale with the promise of technology. Our world-class experts have unmatched experience working with organizations in every major industry to implement solutions that achieve our customers’ visions and create a clear road map for growth.

Partnering with Vision33 gives you access to one of the world’s largest teams of SAP-certified consultants. Because no two businesses are alike—and neither are the solutions that support them—our team takes the time to understand your business and develop the best strategies and services for you.

Our technology experts are available anytime to discuss your business goals and get you on the road to achieving them.

Visit our booth at the Lumenia ERP HEADtoHEAD Showcase and talk to one of our experts about how we can help you solve your business challenges. Or find out more here about Vision33 at the Dublin ERP HEADtoHEAD event. 

Lumenia ERP HEADtoHEAD event

The ERP HEADtoHEAD™ event offers a unique opportunity to see the leading ERP products pitted against each other over two days. The events are run annually in Ireland and the UK.