Why ERP System is
Recommended for Startups?
The present-day world is of start-ups. If you have an idea, focused vision, plan, and money to invest, you
are eligible to begin a startup. Start-up’s and regular businesses are however different. In the case of a
startup there will be an exclusive product which will not be available out there in the market, this
product sometimes will be a completely new idea or replacement to an existing product. Whatever the
case maybe they still are noobs when the global business sector is considered. They will need proper
backup and enough support to keep them on track and prosper in their venture. In this blog, we will
check whether a start-up requires an ERP software and when do a start-up really needs to go for an ERP
Problem phase for start-up’s
A person single-handedly running an entire business is not a very wise decision, in the case of start-up’s,
they will be handled by a person or a very small group of individuals. This will be Ok in the starting
stages, but as the business progress by the time this situation can backfire. Workload will definitely
increase which will be not tolerable to a very few numbers of persons, thus the additional works which
come will turn as backlogs which will destabilize the company and reduce its productivity. So a suitable
remedy shall definitely be introduced.
Will an ERP really help?
Enterprise resource planning software is meant particularly to provide assistance to various business
fields. It doesn’t matter if start-ups are belonging to the small-scale industry sector, still, the ERP
software can provide enough support for the proper working of start-ups. As the business progress,
all you will have to do will be to upgrade your ERP to meet your new requirements. Thus the problem
of backlogs will be completely erased with the introduction of an ERP software. There are also other
notable advantages which an ERP software can provide to your start-up business;
1. Better productivity: performing excellently and being productive will be the main agendas of any
start-up’s regardless of their size. But for being productive a start-up will be requiring proper backup
and support. This is where the ERP software comes to play. ERP software can provide so many
advantages to a start-up in the productivity front. The business communication will be improved,
data will be properly managed and duplicate data will be erased. Apart from these advantages, it
also dilutes the hectic work schedules and strenuous tasks which allows you to work on bigger
projects. Accessibility of the ERP is another advantage which will provide you a proper push in your
business career. Thus your productivity will be increasing with the usage of an ERP.
2. Efficient business information: with an ERP software all the business-related information will
be stored and will be available for the users to view. In the case of start-up’s, there will be cases
of confusion with employees regarding business information. With the use of ERP software, they
will be able to access all the information from their computers which will eliminate the case of
3. Smooth work collaboration: as already mentioned the business information are efficiently
streamlined and employees will have proper access to the information with the use of ERP. This
makes the work collaboration a lot smoother. Accessing the information, sharing it and updating
it become easy and thus you will get ample information regarding the works. Thus the efficient
completion of ongoing projects is made possible.
4. Efficient data management with recording: updating and tracking the business information is
vital for a start-up business. With the use of ERP the data will be accessible to every working
personnel which in turn result in efficient data management. Recording of data is also made
possible with ERP so that they can be accessed whenever necessary.
5. Effective tracking: the ERP software comes with an efficient tracking facility which will enable
you to track your daily tasks along with business transactions. This is very essential for a start-up
business. The chance of losing important data and information are cleared with the tracking facility
of ERP software. All information will be efficiently tracked and put in safe place using the ERP
When to choose an ERP software
The benefits which an ERP software can provide to your start-up business is mentioned above, so
there will be another question in the minds of the startup guys, that is when shall they choose an
ERP software for their business. There will be some signs or situations with which you will realize
you need something more to handle your business, it is during this phase you shall go for an ERP
software. Now we will see the cases which indicate you are ready for an ERP software;
1. Your business queries are left with no answers
The proper running of a business determines the business growth. The start-up business will not
remain stagnant for a very long time, it will start the improvement flow with time. The various
stages of business like accounting, sales, marketing etc. will become extremely difficult to handle
manually and you will start to have a lot of questions in your business which are left with no
answers. This indicates that it is time to move on and depend on something which is capable to
handle your business smoothly. This is where the ERP software can aid you.
2. Business growth is destabilizing you
So when you doing the business in the correct way, for sure you will experience growth. But what if
your growth is causing you troubles, you may face such a situation while doing the business. When
you start to earn ample amount of money from your business, problems to start to arise with it. This
is the time when the manually operated accounting, inventory, customer relationship management
etc. needs an upgrade. You can now go for an ERP software to solve your problems, once it is
installed your sales, inventory, operation etc. will be controlled by the software without any errors.
This will ensure your stability along with your growth.
3.Customer complaints bundle up and sales go down
This is another clear sign which shows your start-up business is desperately in need of an ERP
software. The increasing number of customer complaints denote that there are some serious
problems going on with your business and as a result of that your sales will show a decline which is
not very surprising. This shows that your business potential and productivity is decreasing and this
will be definitely fatal to your business. The next level of problems will be even worse when your
customer complaints get worse and your business starts to face defaming issues. You should clearly
understand that all of this is happening because you have reached the threshold of using manual
methods, those techniques are no longer providing any good for your business. The best way to get
out of this ordeal will be to choose an ERP software, with the assistance from an ERP software you
can put your business back in one piece and erase all your troubles.
Now you have got an idea when to choose an ERP software for your start-up business, the next
question is what ERP shall I choose?
Choosing an ERP
There are a lot of ERP options available out there in the market, the trick is to choose the best ERP
out of the lots. Odoo/Open ERP is one of the best ERP which you can depend on for the successful
future of your start-up business. With its varied features like warehouse management, customer
relationship management, accounting, manufacturing, human resource management, the point of
sales, E-commerce and websites etc. Odoo will be the complete solution which you can provide for
the betterment of your start-up business.
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