In an era where remote work has become a new norm, has given rise to numerous software tools that improve collaboration among teams. A survey revealed that 98% of remote workers prefer to work remotely. A case study of GitLab, a fully remote company with more than 1,300 employees, has achieved a staggering revenue growth of 87% year-over-year.

The work-from-home option carries a lot of potential, helping employees to be more productive and access the company's data from anywhere in the world. This incredible wave of remote work has pushed companies to look for robust business management solutions.

These solutions help businesses facilitate remote work more efficiently and securely. Enterprise Resource Planning (ERP) system is the best option for this. But, why is ERP the best tool for businesses with remote work?

Key Takeaways:

  • Remote work is increasingly preferred, with 98% of remote workers favoring it, and companies like GitLab achieving 87% year-over-year revenue growth.
  • ERP systems enhance remote work by offering unified platforms, cloud-based access, data security, streamlined onboarding, and real-time analytics.
  • ERP development costs range from 10,000 to 100,000, depending on complexity and customization.
  • Hiring the right ERP development company requires clear project requirements, technical evaluation, cultural fit, and in-depth interviews.

How is Enterprise Software Transforming Remote Work Operation?

As business grows, ERP software ensures that your business operations stay organized and secure. Here is how enterprise software is reshaping remote work operations:

• Unified all-in-one platform:

One of the most important advantages of an ERP system is its all-encompassing nature. It can bring numerous business operations under a single umbrella. An ERP system helps businesses, working on a global scale, handle a multitude of operations with no hassle. This software eliminates the complexities associated with handling numerous apps. The unified all-in-one approach gives rise to better remote collaboration tools among various teams. This encourages smoother workflow and neutralizes challenges that can occur due to geographical locations.

• Cloud-based access:

Cloud ERP systems are the best choice for companies with people who work from distinct places. These systems offer greater flexibility and permit personnel to work from anywhere in the world as long as they have a web connection. This additionally, benefits enterprise owners as their business can keep running all the time, which is critical for companies that operate in distinct locations. Also, the use of cloud systems means the company doesn't want as much physical equipment.

• Data security and compliance:

One of the most important issues that corporations face is keeping their data secure. And, protecting your data becomes challenging when humans are working from home. Even if a business enterprise offers an employee a laptop, there's no way to make sure they're using a secure net connection. However, ERP systems can assist remedy those problems. These systems have strong security features that protect important data from cyber threats. ERP systems use effective approaches to encrypt data and get everyday protection updates, because of this they offer excellent safety for enterprise information. They additionally permit corporations to control who can see what parts of the system, so every employee can access the components they need.

• Employee onboarding and training:

When people work from home, it's important to have a smooth way to help new employees join the team. But how do businesses do that? ERP systems are here to help. These systems are helpful as they have many resources, training modules, and learning materials that make it easy for employees to learn how to use them. ERP software helps organizations create a clear onboarding plan, assign tasks and reminders, set goals, and schedule meetings to check progress. All the necessary information is kept in one place, making the onboarding process organized and reliable.

• Real-time analytics and reporting:

ERP systems collect and analyze data from different parts of the business all in one place. This helps companies that work in numerous different locations. ERP system shows data in real-time, which means all employees can see the most accurate information at any time, no matter where they are. Furthermore, these systems help businesses prevent mistakes and misunderstandings by offering everyone the same information. With that, these systems offer the most up-to-date information to all, making it easier for different departments to make better decisions.

How much does it cost to develop an ERP software?

The cost to develop ERP software ranges from $10,000 to $100,000. However, the cost of enterprise software can vary depending on the amount of customization required. There are numerous cost-deciding factors of ERP software including complexity, number of features, functionalities, and more.

• Basic Software: The cost of ERP software with basic features and functionalities ranges from $8000 to $50,000.

• Medium-complexity Software: The cost of ERP software with medium features and functionalities ranges from $15,000 to $85,000.

• Complex Software: The cost of ERP software with complex features ranges from $85,000 to $100,000.

How to hire the best ERP software development company?

Let us dive deeper into the article and learn about the best ERP software development company:

• Define your ERP project requirements:

Before you begin the hiring process, it's very important to have a clear understanding of your ERP project. This includes knowing what the project will cover, what you want to achieve, and what specific things you need. This step is the foundation of your hiring plan:

1. Explain what your ERP project will do and what you want to achieve. Decide which parts of your organization will be affected, such as finance, supply chain, human resources, and customer relations.

2. Identify what features you want in your ERP system. Also, know what custom changes are needed to make the system fit your business processes.

• Hire from various Channels:

To get skilled ERP developers, businesses can use various methods. This includes using online job portals, asking employees for referrals, and joining online communities. By using various methods to look for candidates, you can reach a lot of potential candidates and increase your chances of finding ERP developers who fit your project's needs.

• Evaluate Technical Proficiency:

Before finalizing candidates, ensure to check their technical proficiency. Technical knowledge is different from theoretical knowledge. Ensure that the developers have hands-on experience with the required tools and technologies.

1. Check the candidate's portfolio to understand and gain insights into their previous ERP projects. Ensure to pay attention to the candidate’s relevant experience. Also, evaluate the scale and complexity of their previous projects.

2. Assess the results of their ERP software. Did it help businesses improve efficiency, and cost savings, and enhance decision-making within their previous businesses?

• Evaluate Cultural Fit:

Other than technical prowess, evaluating a candidate’s cultural fit and teamwork is important when hiring ERP developers. Ensure that the candidate’s values align with your organization. ERP projects normally involve dealing with cross-functional teams and collaboration of various departments working. Hence, it becomes necessary to evaluate a candidate's ability to function effectively with all teams and contribute to a harmonious work environment.

• Conduct in-depth Interviews:

Take in-depth interviews with shortlisted candidates to understand how well they fit your organization. Interviews help you understand who will be able to contribute to your organization. Hence, during an interview, focus on the candidate’s problem-solving skills, communication abilities, and enthusiasm for the ERP project.

Conclusion:

In conclusion, ERP software plays a major role in reshaping remote work culture. As businesses are adapting to the demands of a globalized workforce, ERP software has become one of the most important tools. So, if you are looking to accelerate your business processes while allowing your employees to work remotely, consider developing an ERP software. However, developing an ERP software is a challenging process. Hence, it is advised to hire the best ERP software development company for your business.

OZVID Technologies is a leading ERP software development company. We understand the importance of streamlined business operations and hence to make the process smooth for you, we develop customized ERP solutions for businesses worldwide. Get in touch with us today, and leverage our expertise.

FAQs

What is the role of ERP systems in remote work?

ERP systems streamline remote work by providing a unified platform for managing business operations, enabling cloud-based access, ensuring data security, and offering real-time analytics for better decision-making.

How does cloud-based ERP benefit remote teams?

Cloud-based ERP allows employees to access critical business tools and data from anywhere, ensuring flexibility, scalability, and uninterrupted operations, regardless of geographical location.

Can ERP systems improve data security for remote work?

Yes, ERP systems enhance data security through encryption, regular updates, and role-based access controls, protecting sensitive business information even when employees work from home.

What features of ERP software support remote employee onboarding?

ERP systems provide centralized resources, training modules, and task management tools, making onboarding seamless and organized for remote employees.

How does ERP software help in decision-making for remote teams?

ERP systems offer real-time analytics and reporting, ensuring all team members have access to accurate, up-to-date information, which improves collaboration and informed decision-making across departments.