Business management is now easy for small and medium-size business owners in Nigeria. Previously, small and medium-sized businesses in Nigeria found it arduous to manage their business needs. One of such needs is proper data management. A cloud ERP software will help deal with the issue of data management. The presence of cloud ERP software for small businesses in Nigeria makes running your business a lot easier. erpSOFTapp offers small and medium-sized companies custom-built ERP solutions tailored to suit their business needs. Click demo to request a demonstration.
Other factors include growth, lack of affordable and custom-made ERP systems, products, know-how, etc. erpSOFTapp also offers free business evaluation that will help you understand what your business needs to grow.
Cloud ERP is gaining popularity in Nigeria as an option for small business owners due to its reliability, ease of use, and affordability. Cloud software helps businesses become more efficient and effective in what they do. Small businesses should consider ERP software as an option when managing day-to-day processes.
This article explores the processes involved in getting the right cloud management software. Contact us using the live chatbox.
What Is a Cloud ERP Software?
A cloud ERP software is a web-based application designed to help businesses manage their processes.
Using Cloud ERP Software should be simple and easy. You don't need to buy servers or hire an IT specialist. That is why we recommend Odoo ERP. Odoo provides seamlessly integrated functional business apps. These Odoo apps form an ERP solution when combined. Many software designed for small businesses is cloud-based (ERP+ accounting+ CRM+ Project management etc.).
Erp Software in Nigeria
Erp software in Nigeria enables advanced productivity, integration of IT infrastructure, knowledgeable use of data and information sharing.
When it comes to business, companies and organisations need software systems to perform their daily functions. These business management software systems are known as Enterprise resource planning software or ERP systems.
According to PwC’s MSME Survey 2020 MSMEs represent about 90% of businesses and more than 50% of employment worldwide. ERP can bring greater efficiency to micro, small and medium businesses. Especially those that are working on limited budgets. It's no wonder then that entrepreneurs are turning towards ERP to help handle their businesses
Cloud ERP Software: How ERP Software Help Small Businesses
Small businesses are the core of any economy. SMEs account for 96% of the businesses in Nigeria and contribute and 84% of employment. That is a lot of competition. Odoo ERP will help you grow your company and ensure you stay ahead of the competition.
Below are the benefits of a cloud ERP system;
1. It helps you save time with easy software integration
2. Helps you set up your website fast with drag and drop fields.
4. Improve Business processes with functional workflow tools.
5. Reduce cost by turning data into business insights.
6. It Improves the information flow within the business.
7. It enforces accountability.
Characteristics of a Good Cloud ERP Software
A good cloud ERP software will make your business run seamlessly from any place and integrate every aspect of your business. Here are some characteristics you should be looking out for:
One of the main benefits of using a cloud small business ERP system is that it's accessible. The software should be accessible from a range of devices. The use of mobile and desktop interfaces should not be an issue. The Cloud ERP system should allow you to access data and entry forms from any location so long you have adequate internet connectivity. Accessibility gives your Cloud ERP flexibility in operation and leaves it with more power to operate effectively. A good cloud ERP software must be aesthetically appealing. It should also provide a user-friendly interface and exceptional accessibility.
Most cloud ERPs for small businesses are more affordable than on-premises software. Affordability is the simple, core characteristic of good cloud software.
This term refers to the immediate or potential cost of a subscription for the firm. The primary factors that determine affordability in application hosting solutions are its initial costs and its upgrade costs.
Cloud ERP for small businesses has greater flexibility than traditional business software. Cloud ERP solutions can be flexible to suit the size of your company. Small business ERP software is simple if you are operating a small business and do not want to think about complex details. These services come with multiple modules covering company budget management, inventory management, purchase order management, billing and accounting, and more. The more modules that cloud ERP software supports, the more flexibility it has since you can use each module separately or together as you desire.
Scalability is a crucial factor when choosing your cloud ERP software. Scalability refers to the ease with which you can make modifications and adjustments to your system. Is it easy to add new users or modules to your system without compromising the existing functionality?
A good cloud ERP software should be scalable to accommodate your ever-growing business needs. With a scalable solution, you won't need to worry about your system crashing while doing your financial management tasks.
Security is a broad term covering the interlocking principles of confidentiality, integrity and availability. Included in security are concepts such as access control, authentication, permission, and non-repudiation. The aspects of privacy and regulatory compliance are inclusive.
A superior ERP software system should provide security for the data and maintain your confidential information securely. The essential features of cloud-based software should be either air-gapped or end-to-end encrypted data transmission between authorized users and initiate critical activities.
Which Cloud ERP System Is Most Suited to Your Business?
Choosing an ERP system for your business can be a daunting task. It can seem to revolve around very complex technical and functional requirements. And the sheer number of options out there can be overwhelming.
To find the best ERP cloud for your company, you must choose one that offers the functionality and features necessary to meet your requirements.
Odoo is a cloud-based system that takes care of all your business's needs, no matter how big or small. It has all the characters of superior cloud ERP. It is a cloud ERP that helps you boost collaboration, improve efficiency and manage your business.
Odoo can help your team work together in the cloud smarter.
Join other smart business owners by requesting your Odoo ERP here and simplify your business process.