That's why we're providing five common signals it’s time to make a switch from using spreadsheets to manage your inventory control:
1. Using spreadsheets to manage your fixed assets is a huge security riskUsing a software rather than spreadsheets is a much safer route for protecting your assets. Imagine if someone were to hack into your system. Would your data be protected?
2. Trouble inputting data across the organizationCan we all agree that communication is key when operating a successful business? Spreadsheets limit the ability to communicate to everyone involved in your business. Have you ever viewed an Excel file and got the dreaded notification “[blank] is currently working in your file, would you like to view this document as a read only file”? When deadlines are tight and you are lacking patience, your business needs a program that allows everyone to view the management system at once from multiple locations.
3. You consistently discover errors in your dataEntering formulas into spreadsheets often comes with a margin of error since the data is being manually enter into the document. Not catching those errors can cost your company money.
4. You feel like you have multiple job titles Does the manual entry process have you stressed out and feeling like you’re doing multiple people's jobs? Being able to digitally enter inventory with a barcode scanner would save you a long headache and a lot of time.
5. Rushing to prepare for tax timeHave you ever heard of the expression ‘save time, save money’? A dedicated system can help you do just that by
automating your process rather than manually entering data into a spreadsheet. No need to rush at the end of the year to prepare for your audit thanks to the data being up to speed and compliant.
Interested in learning more about how an effective ERP system can help manage your SMB?