INTELLIGENT BRANDS // Software for Business
Ageing business systems fail to
meet today’s business demands
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U
niconta South Africa CEO Keith
Mullan says businesses must adapt
quickly as ageing business systems
fail to meet today’s business demands.
And to survive, he says, leaders need to
modernise and find more effective ways to
run their businesses. based deployment models, which is currently
driving the growth of the ERP software
market. Cloud ERP software offers more
flexibility to businesses and is designed to
help customers streamline their business
processes, accelerate their growth and
connect all aspects of their business.
The global Enterprise Resource Planning
(ERP) market is expected to grow at a
compound annual growth rate (CAGR) of
7.45% to US$49 billion by 2023. Market
Research Future says this massive adoption
of ERP software is largely due to increased
transparency and operational efficiencies
expected from organisations. There is also
a high adoption rate for affordable cloud- Uniconta is a Cloud ERP system for small
and medium size businesses, specifically
developed to help companies work more
efficiently, faster and achieve their business
goals easier. It is designed for businesses
that need fast access and security.
Mullan says modern Cloud ERP solutions
enable management to obtain a complete
real-time view of their business anytime,
anywhere. “These systems can also be
easily accessed via mobile devices like
smartphones and tablet,” he said. “This
alone provides a huge competitive edge; it
enables efficient and smooth functioning
of the business. Many companies are
still running costly legacy ERP systems
and they urgently need to review the
cloud subscription-based services. Cloud
ERP requires minimal or no hardware
and also no services associated with the
maintenance of these costly systems.”
ERP is no longer an IT or accounting
decision, it’s a business decision that affects
the entire organisation. All stakeholders need
to be part of the decision-making process,
especially if they want to improve revenue,
reduce costs and mitigate risk.
To remain competitive, it is crucial to
implement tools that integrate business
systems and provide visibility across the full
scope of the business. The right tools will
ensure increased collaboration and enable
smart, fast decision-making.
Cloud ERP software can save businesses a
huge amount of money. However, Mullan
says that business leaders need to ensure
the new system is a good fit for all and very
often these decisions are made at senior
level, with end users not being consulted.
“There is no doubt that Cloud ERP is
changing the way businesses operate,”
he said. “The only question that needs
to be answered is when the right time
is to move to the cloud. While there are
many traditional businesses that still have
reservations in converting to the cloud and
security remains the biggest concern for
them, those businesses that adopt the cloud
will be streaks ahead of their competitors.” n
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