Walking into a meeting with a financial manager, I often hear the familiar apology, “Sorry for the mess. It’s a stressful time right now,” as they scramble to organize the paperwork on their desk.
It’s surprising that in the 21st century, when technology allows for global payments with a single click and seamless integration with advanced Business Intelligence (BI) systems, some organizations still rely heavily on paper documents.
From price quotes and tenders to contracts and invoices, these paper trails are a daily reality for many businesses, both large and small.
The bureaucratic hurdles in some organizations are so overwhelming that it’s evident that change is needed.
Yet, the financial manager often says, “We were offered a new ERP system that would digitize all our documents, but the six-figure price tag makes me hesitant to move away from our existing, cost-effective accounting system.”
ERP systems can indeed be expensive, contributing to an industry worth hundreds of billions of dollars annually.
These comprehensive solutions replace a myriad of existing systems, covering everything from Accounts Payable (AP) and Accounts Receivable (AR) to attendance, production, budgeting, and procurement.
However, the bulk of the expense often lies in implementation, which can account for up to 80% of the total cost.
So, what options are available for organizations that find these costs prohibitive? Enter the “Best of Breed” approach, which involves integrating specialized systems that excel in specific functions.
These systems work alongside existing platforms, offering superior solutions while facilitating data synchronization, import, and export.
Salesforce, a leading Customer Relationship Management (CRM) system, exemplifies this approach.
Known for its user-friendly interface, seamless integration with other organizational software, browser and smartphone accessibility, and SaaS (Software as a Service) model, Salesforce sets the standard in its domain.
More and more businesses are turning to specialized systems that integrate with their existing platforms, offering the best of both worlds: cost-effectiveness, professional functionality, and minimal disruption to existing workflows.
Procee, our proprietary system, stands as a prime example. It allows users to access procurement functionalities from any device while synchronizing with local ERP systems. This tailored approach makes organizational procurement more efficient and aligns closely with specific customer needs.
By opting for specialized solutions like Procee, organizations can navigate the complexities of modern business operations without compromising on efficiency or cost-effectiveness.