{"id":9283,"date":"2018-10-12T07:41:14","date_gmt":"2018-10-12T07:41:14","guid":{"rendered":"https:\/\/ca.syspro.com\/blog\/3-reasons-to-treat-your-erp-software-like-an-asset\/"},"modified":"2021-03-04T14:50:12","modified_gmt":"2021-03-04T14:50:12","slug":"3-reasons-to-treat-your-erp-software-like-an-asset","status":"publish","type":"post","link":"https:\/\/ca.syspro.com\/blog\/applying-and-operating-erp\/3-reasons-to-treat-your-erp-software-like-an-asset\/","title":{"rendered":"3 Reasons to Treat Your ERP Software like an Asset"},"content":{"rendered":"

ERP systems are substantial business investments, yet their perceived value is often allowed to depreciate over time. Business owners and managers seem to accept application erosion as the norm<\/a><\/strong>, but good ERP systems are built to last. The problem lies not in the software, but in the way, it is used.<\/p>\n

<\/p>\n

For your ERP system to pay dividends over the long term, it should be seen as an investment,<\/a><\/strong> but treated like an asset. A company vehicle makes for a good comparison:<\/p>\n

    \n
  1. Ensuring Your Purchase is Built for Purpose
    \n<\/strong>When purchasing a delivery vehicle, you\u2019re going to ensure that it\u2019s suited to your business needs. For instance, if you\u2019re moving frozen goods, you\u2019re going to invest in a refrigerated fleet. Similarly, many standard ERP systems simply don\u2019t meet the needs of customers who end up spending time and money on system modifications that just don\u2019t work as well as they could, and potentially reduce the system\u2019s agility and scalability. The bottom line: invest in an     ERP system built for your industry.<\/a><\/strong><\/strong><\/li>\n
  2. Who\u2019s Driving?
    \n<\/strong>You wouldn\u2019t allow an unlicensed employee to drive your business vehicle. A license implies that the driver knows the rules of the road, how to operate the vehicle, and can make the trip from A to B on time and without incident. Similarly allowing an employee to use your ERP system without the required levels of competency puts your business at unnecessary risk. Thorough training and regular refreshers help ensure that your ERP is driven with the greatest amount of proficiency and efficiency.<\/li>\n
  3. Maintenance
    \n<\/strong>Regular servicing and maintenance checks help to keep your fleet running well. Likewise, regular ERP audits can help to ensure that your system is being used to its full potential, providing you with the opportunity to deal with poor utilisation before it affects your business. Audits should ideally be performed annually, as a regular maintenance.<\/li>\n<\/ol>\n

    While your fleet might depreciate over time, the value of a purpose-built, expertly driven and well-maintained ERP system will do just the opposite. The more you use it, the more valuable it becomes.<\/p>\n","protected":false},"excerpt":{"rendered":"

    Reading Time: <\/span> 2<\/span> minutes<\/span><\/span>ERP systems are substantial business investments, yet their perceived value is often allowed to depreciate over time. Business owners and managers seem to accept application erosion as the norm, but good ERP systems are built to last. The problem lies not in the software, but in the way, it is used.<\/p>\n","protected":false},"author":147,"featured_media":7362,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[8],"tags":[],"class_list":["post-9283","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-applying-and-operating-erp"],"acf":[],"yoast_head":"\n3 Reasons to Treat Your ERP Software like an Asset | SYSPRO ERP<\/title>\n<meta name=\"description\" content=\"Imagine you can have a purpose-built ERP system that is an asset to your company , that will not depreciate and will meet business needs - find out more\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ca.syspro.com\/blog\/applying-and-operating-erp\/3-reasons-to-treat-your-erp-software-like-an-asset\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"3 Reasons to Treat Your ERP Software like an Asset | SYSPRO ERP\" \/>\n<meta property=\"og:description\" content=\"Imagine you can have a purpose-built ERP system that is an asset to your company , that will not depreciate and will meet business needs - 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