The COVID-19 pandemic has dramatically altered the landscape of modern businesses, reshaping the way we work and communicate. Enterprises worldwide have experienced significant disruptions, forcing them to reassess their priorities and adapt to remote working. In this new post-pandemic world, managing business operations efficiently, maintaining productivity, and ensuring employees can access information from anywhere have become crucial concerns for organizations. Cloud-based ERP (Enterprise Resource Planning) systems provide the perfect solution to address these issues and optimize businesses for this new era of Work from Home (WFH).

The Importance of Work from Home and Cloud-Based ERP Systems

The pandemic has shown that employees can effectively work remotely, accelerating the transition to a work culture that is no longer confined to physical offices. With the need for seamless access to critical business data and applications from anywhere, cloud-based ERP systems have become a vital tool. Here’s why they are essential for remote working:

• Effortless Access to Business Data: Cloud-based ERP systems centralize all data related to customers, suppliers, sales, inventory, and finances, providing employees with real-time access to crucial information no matter their location.
• Improved Collaboration: Aiming to streamline business processes, ERP systems facilitate interdepartmental collaboration, enabling employees to work more efficiently and communicate effectively despite being physically distant. This enhances productivity and reduces delays in decision-making.
• Increased Scalability: Businesses can quickly adapt to changes, such as fluctuations in market demands or workforce size by leveraging cloud-based ERP solutions. These systems can be scaled up or down with ease, providing flexibility and future-proofing businesses against uncertainties.
• Enhanced Security: Cloud-based ERP systems come with robust data security features, ensuring the safety of sensitive business data while employees work remotely. This minimizes the potential risk of security breaches and keeps your valuable information in good hands.

The Drawbacks of Businesses without ERP during WFH

Organizations that rely on traditional systems or manual methods face significant challenges when employees work remotely, especially as homes have become the new “office.” Here are some drawbacks:

• Limited Access to Information: Without an ERP system in place, gaining complete access to essential business information for remote employees may prove challenging. This can hinder decision-making and collaborations, leading to reduced productivity.
• Decreased Efficiency: The absence of a centralized database and automated workflows can cause disjointed business operations, increased manual labor, and inevitable human errors. Such inefficiencies can cripple organizations during the remote working phase.
• Poor Decision-making: As remote working limits the availability of information and communication channels, businesses lacking an ERP system often make ill-informed decisions that might prove detrimental in the long run. Timely access to crucial data is vital for strategic planning and informed decision-making.
• Ineffective Resource Management: The allocation and management of resources is challenging without a centralized system, leading to insufficient planning and poor control over costs. This can result in revenue loss and hamper overall business growth.

In conclusion, a cloud-based ERP system is the key to unlocking the full potential of remote working in today’s pandemic-altered world. By centralizing data, improving collaboration, and enabling seamless access to crucial business information, ERP solutions empower businesses to face the challenges of the new normal with confidence. It’s clear that organizations without an ERP system face significant hurdles when adopting WFH practices, reaffirming the critical role ERP plays in optimizing businesses for the future. There has never been a better time for businesses to invest in an ERP solution, ensuring they are equipped to thrive during and after the pandemic.

About Multiable:

At Multiable, we take pride in our ability to fully understand the unique difficulties and needs that are integral to every business we collaborate with. This understanding forms a crucial part of our customization process for our M18 solutions. Multiable’s area of expertise is mainly in crafting tailor-made M18 ERP systems which are designed meticulously to address your enterprise’s specific requirements. Our M18 ERP software is unique, distinguished by its exceptional flexibility and reliability, providing smooth operations, adaptability, and facilitating business growth. This dedication to excellence is manifested in the continued satisfaction of our over 6000 dedicated clients who rely on our top-quality M18 ERP systems. By placing your ERP complexities in the hands of Multiable, your focus can remain on driving your business towards accomplishing further achievements and triumphs.

About EDG Grant:

The Enterprise Development Grant (EDG) was launched in 2018. EDG is a single grant that supports companies in the upgrading of business capabilities, innovation and internationalization. EDG replaces the Capability Development Grant (CDG) and the Global Company Partnership (GCP) in the same year.

M18 ERP and M18 HCM is under the scopes of EDG grant.

Our consultants have rich experience in helping customers to get EDG application awarded to deploy our renowned M18 ERP in Singapore. Multiable will provide relevant technical / system related documentations and guide you throughout the application process