Due to the outbreak of the coronavirus (COVID-19), the way the world does business is drastically changed. The coronavirus is not only affecting everyone’s personal lives, but businesses all over the world. Keeping your team connected can be difficult with everyone working from home.
Contingency plans are critical at this point. These plans are helpful not only during the current coronavirus outbreak but for future events that may (but hopefully won’t) such as hurricanes, snowstorms or any other act of God. Getting cloud software in place before, or even at the beginning, of one of these events is critical to the company’s success. Software such as cloud ERP, communications/chat, and remote access to other programs used during daily business operations.
Cloud ERP software specifically can be a savior during this time. All of the company’s financials, customers, vendors, inventory, and every other aspect of the business are readily available, in real time, to all personnel who need it to perform their daily work tasks remotely. With cloud ERP, everyone in the business is connected, informed and working together in real time, even while some may be on-premise and others working from home during the current coronavirus outbreak.
The coronavirus epidemic is affecting the entire world. This is a good time to assess your current situation as there may be extra time in the day to update data, enter information, and tighten up your entire business processes. With Cloud ERP, employees can enter all the notes they “meant to get around to, but didn’t have time,” make sure all files are in the right place, attach emails or other communications to customers, vendors, inventory, and so on. Cloud ERP usually comes as a complete package with document management and email connections, making this an easy task when needed.
The coronavirus has put every business in a precarious position. Even the toilet paper people. They were not prepared for the immediate demand and volume necessary to keep stores full. With the cloud ERP service they are using, they’ve been able to monitor their supply chain, closely monitor inventory and warehouses, and manage the challenge of meeting the unexpected need for speed, efficiency and tight controls.
On the other side of the spectrum, companies that have been using spreadsheets or an accounting-only service are at a disadvantage. This is a time when it pays to invest the time and effort to get the company consolidated as one cohesive unit in a cloud ERP system.
Most companies have at least some people, if not most, working remotely during this coronavirus outbreak. If the financials are in an accounting-only software, the inventory is managed by spreadsheets and shipping records are on logs in the warehouse; how is any business going to function efficiently during this time?
The coronavirus epidemic is a serious crisis, impacting almost the entire world. Businesses should (and can still be) prepared to face the worst with cloud ERP and other tools that make remote success possible.