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What kind of companies use ERP?
The truth is that today this approach is far from reality, since there are ERP tools functional and affordable that can be used by small and medium-sized companies.

You may be wondering what kind of companies use an ERP . You are thinking of contracting this type of software and you do not know if it would be the most suitable tool for your business. This is something common in SMEs, which have in mind the idea that an enterprise resource planner is only intended for large organizations, with a high level of turnover and a large volume of employees.

The truth is that today this approach is far from reality, since there are ERP toolsfunctional and affordable that can be used by small and medium-sized companies. And what is most important, it is not necessary to make large investments in hardware and servers to be able to use this type of solution, since you can have an ERP in the cloud and be able to connect to your management software wherever you are.

You may also be wondering if your sector is the right one to use an ERP. In this post we will show you what kind of companies use online ERP software like Dynamics Square and why your business should use it too.

The 5 types of companies that use an ERP

ERPs are no longer complex tools with a thousand functionalities, intended for large organizations. We are talking about simple, intuitive and scalable solutions where you can use the management modules you need (sales, purchasing, production, accounting, CRM, bank reconciliation, integration with eCommerce...).

Along these lines, there are different types of companies that can perfectly use ERP management software. 

manufacturing companies

Factories and industries can perfectly use ERP software. With this type of tool you will be able to manage Human Resources, raw materials and the machinery necessary for the production of any type of article. You can create production orders, manage multiple warehouses and control stock inputs and outputs, have complete control of production and have reports and manufacturing schedules, as well as keep track of product traceability.

You can discover all the functions that an online ERP provides you through our production and manufacturing software, the ideal solution for your industry in any sector.

service companies

Many service companies in different sectors can benefit from ERP software. With this solution they can generate invoices, manage accounting, have dashboards where they can view performance indicators and see the evolution of income and expenses throughout the year.

Service companies that offer maintenance can use Business Central ERP software, which would allow them to have the functions of an ERP integrated with a tool for the operational management of technical assistance at home, the management of maintenance contracts and all the elements that influence the day to day of your company.

Physical stores and electronic commerce

An online ERP is the perfect solution for any retailer or retail business in any sector. If you have one or more physical stores, you need a tool that allows you to manage inventory and warehouse, have POS software for managing orders and transactions and a solution with which you can generate invoices for income and expenses, accounting and vendors.

It is also important that it is a multi-warehouse and multi-country solution, which allows you to manage all the branches that you have in your company. The fact that it is an online ERP , accessible from any office, would facilitate operational management and you could work with a single tool that would always have updated data.

If you also carry out or want to carry out commercial service actions, an ERP with CRM is the best tool for you. You will be able to manage relationships with your clients in a standardized and organized way, something that is essential to be able to offer a good image to the client.

Today many retail stores, in addition to physical stores, have an online store. Ideally, this eCommerce can be integrated with your ERP software through an ERP eCommerce connector, something you can do. This way orders, invoices, prices and stock would be updated and you could avoid a multitude of inefficiencies.

franchises

An ERP is also the most appropriate solution for companies that have expanded through franchises.

Having a specific program for franchises that allows you not only to manage your own establishments, but also to keep track of and communicate with franchisees, is essential to be able to offer an efficient service and facilitate the expansion and internationalization of your business.