How to Leverage an ERP System to Overcome Unforeseen Challenges in your Business?

We need to be prepared for the unexpected, like earthquakes. Earthquakes occur when the ground shifts on a fault line, creating movement in the earth’s crust. When two blocks of earth suddenly slip past one another, the result is an earthquake. Earthquakes can cause unpredictable shifts in the ground, including soil liquefaction; landslides, fissures and avalanches by earthquake-induced surface rupture of the crust or soil layer. Earthquakes can cause intense damage and loss of life in seconds. The greatest damage is caused by the shaking, but other effects include fires and tsunamis.

Sometimes an earthquake has smaller earthquakes that occur before the bigger one. It’s nearly impossible for scientists to tell that an earthquake is a foreshock until after the larger quake occurs. Scientists have tried many different methods for predicting earthquakes, but none has worked well. Scientists have no way of accurately predicting when an earthquake will occur after one is felt.

Earthquakes can occur without any advance warning. Businesses also encounter unpredictable challenges. You should always be prepared for what might happen in your business. ERP (Enterprise Resource Planning) systems are designed to help businesses manage their operations and prepare for the future. ERP solutions help businesses streamline and automate their operations, making them more efficient at preparing for unexpected events.

ERP systems are software programs that help businesses manage resources. They can be used for inventory management, order tracking and shipment planning in addition to production scheduling. It also provides information about both financial and non-financial aspects of the business, including customer accounts and revenue.

An ERP system allows for communication and coordination among different functions of a company. ERP systems gather data from all areas of an organization, allowing businesses to streamline operations and make better-informed business decisions. Businesses using the system can deal with sudden problems or crises quickly and efficiently. The elimination of manual tasks such as data entry, processing invoices, and managing inventory levels also improves a company’s efficiency.

About Multiable:

Multiable provides a full range of integrated business solutions that standardize operating procedures. Multiable has been helping enterprises stay competitive for more than 30 years, and today nearly 6,000 companies in Asia rely on it to meet their business objectives. Multiable has extensive experience in implementing ERP systems. With the help of our customized solution and a skilled client-centric approach, we have been able to resolve a variety of business challenges while 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

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