What an ERP does and when it pays off
Choosing an ERP is one of the biggest technology decisions a Nigerian small or medium business will make, and the wrong choice is expensive to undo. This guide explains what an ERP does, what Nigerian businesses must check before buying, and how to choose with confidence. It is written by Big Technology Solutions Limited, whose Enterprise Hub helps businesses select, implement and support ERP systems. What an ERP does, and when it pays off An ERP (enterprise resource planning) system keeps your key business records in one place: sales, purchasing, inventory, accounting, and often payroll and HR. Instead of a spreadsheet for stock, another for invoices and a third for payments, everyone works from the same live numbers. You may be ready for an ERP when: Stock counts in the system and on the shelf do not match. Month-end closing takes days because data sits in different files. Invoices, quotes and payments are created by hand and often contain errors. Owners cannot see profit by product,...