Are you struggling with a legacy ERP system? Some of the symptoms may include an interface that is less than user friendly, an inability to easily connect it with the other systems your business depends on, or the inability to access the important data stored in your enterprise resource planning system while away from the office. If any of this sounds familiar, it may be time to replace your outdated ERP system with a more modern one. Upgrading to a modern ERP can improve efficiency and cash flow in a variety of ways, probably much more than you would have ever imagined.
The Surprising Costs of Legacy ERP
For example, what would you say if I told you that replacing your legacy ERP could give you an additional $1,141 in annual revenue/employee as a result of improved productivity? Or that shedding that old ERP you’ve been hanging on to could help mitigate risk of errors and failure, leading to a $170/per employee/year reduction in operational costs? Perhaps surprisingly, the benefits don’t end there. Investing in a new ERP can reduce unplanned application downtime by a whopping 98%.
Furthermore, because modern ERP systems are much more user friendly than their legacy predecessors, and in many cases are accessible anywhere you have an internet connection, they enjoy much higher user adoption rates. Sound too good to be true? It’s not. Rest assured these are not stats that I pulled out of thin air just to prove a point. They are just a few of the findings from a recent IDC report on the benefits of upgrading from a legacy ERP (or no ERP) to a new, modern business management system. Check out this infographic for more surprising costs of holding on to outdated technology.
Ready to take the first step in moving to a modern ERP solution? Take a look at the wide variety of ERP solutions we specialize in. Have questions? Not sure which of our modern ERPs is best for you? Feel free to contact us by calling (336)315-3935 or sending us an email. Our friendly experts are ready and willing to answer any questions you might have about replacing your legacy ERP.
