Blog

The Impact of ERP: Be Prepared for Your Business

Society needs to be prepared for sudden issues like power outages. When a power outage occurs, it can lead to serious consequences. Companies are not able to operate, which can lead to financial loss. Employees have to deal with the stress of working in an environment without electricity and may also lose wages due to being unable to report for work. The effects of a power outage are not limited to the business. The community is also affected. The local government will have to deal with the issue and may need to provide assistance to those who are unable to work due to the outage.

Power outages also have a negative impact on society’s infrastructure. Traffic lights go dark, which can cause accidents; elevators stop working, which makes it difficult for people to get around; and many other services are disrupted or even shut down completely. Because sudden issues can arise at any time, society should be prepared to address them.

Businesses also face unexpected problems. You should be prepared for any situation that may arise in your business. ERP (Enterprise Resource Planning) system is designed to help you manage your business and prepare for the unexpected. ERP solutions include a variety of modules that allow businesses to streamline the way they operate and make it easier for them to prepare for unexpected events.

ERP system is a type of software that helps businesses manages their resources. It can be used to manage inventory, track orders and shipments, and plan production schedules. It also provides information about customer accounts and financial data such as revenue and expenses. ERP system is used by many different types of companies, including retail stores, manufacturing plants and wholesalers, etc.

An ERP system is the backbone of operations, integrating different departments and functions into one cohesive unit. It can be used to streamline business processes and improve overall business functions. ERP systems allow businesses to gather data from all areas of their organization, and then use that information to streamline operations and make better-informed business decisions. If you face a sudden problem or crisis in your business, you can deal with it quickly. The system can also help companies improve their efficiency by eliminating the need for manual, time-consuming tasks such as data entry, processing invoices and managing inventory levels.

About Multiable:

Multiable has extensive experience providing ERP system implementation services. The project team, which has been in place for over 30 years, is made up of experts with extensive implementation experience. Multiable ERP system has helped more than 6,000 companies in Asia overcome a variety of business challenges. Multiable provides a full suite of integrated business solutions that streamlines standard operating procedures, building long-lasting relationships with clients.

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

Contact us