While implementing a new ERP system can be a big change for any business, the benefits can be seen almost immediately.
According to Michael J. Lebovitz, author of “The Lean Startup,” a former software architect and CEO of a Fortune 500 enterprise software company, in the year following implementation, employees were 14 percent more productive than the year before.
The same benefits were seen for nontechnical employees as well. According to a study by Business for Social Responsibility and the Center for Community Innovation, participants spent 17 percent less time on administrative tasks. The study looked at data from over 500 people who were at least eight months in the ERP system when it was implemented.
One ERP solution that works particularly well is WPMU Data, and its system is ideal for businesses that have a large amount of data (learn more about SAP Business One). When data becomes the building block of a product, it’s easier to create and test new ideas, which is crucial to a competitive edge. And with over 3,000 data points from customer surveys, the system can make good predictions quickly, offering recommendations that will keep you competitive.
Create a custom system
If you need to provide an answer to a specific question, you can use a generic systemyou don’t have to rewrite your whole system to change a particular task. Instead, you can create a custom system that would use the same data or a similar approach to work the same way. A good example is creating a custom dashboard for your team to communicate what’s working and what’s not, such as metrics or actionable insights. If you need to provide an answer to a specific question, you can use a generic system you don’t have to rewrite your whole system to change a particular task. Instead, you can create a custom system that would use the same data or a similar approach to work the same way.
How Can You Create a Custom System? Here are a few steps: Look at the current analytics system. This can help you identify the core set of data points needed to build a custom dashboard.
Learn the framework that is typically used for gathering metrics in the organization. You can create a custom dashboard to measure all metrics in the organization, a few of them, or a few of the ones you’re considering tracking.
Choose one or more of the metrics you want to track in your dashboard.
Identify a collection or data point you want to track. Use a custom query or collection method to track the data for the data point.
Create a custom dashboard to track this data point. Customize the dashboard to your needs.
Do your research
Some of the data from your custom dashboard should be in the public domain. This includes data from third-party vendors or services that you’ve used in the past. It’s important that any custom dashboard that you build incorporate this kind of information.