Why should you implement an ERP system for retail in your company?

How would you like to be able to track your business performance metrics in real time, manage several sectors in a faster and more effective way, and eliminate manual and time-consuming tasks? For this, the ERP system can be a great ally in business management.

All this is possible from the implementation of an ERP platform, which makes the management of your company more effective and secure.

Through features that provide a flexible and dynamic flow of tasks, the probability of achieving better results is very high. This is because an ERP system for retail is a great management tool, since it acts in a way to integrate several processes of a company.

According to a survey conducted by ONCLICK in partnership with E-commerce Brazil, in 2022, 77% of participating retailers classified the management system as a very important item for their organizations.

The survey also points out that, of the entrepreneurs who operate in the marketplace, about 40% say they perform integration through some platform, 29% use an ERP system, and the remaining 11% make use of a specific operations hub.

Thus, it is possible to realize that this control tool can make the processes more assertive, providing cost reduction and time savings.

Understand how ERP for retail can help in the management of your company and promote several improvements for your business.

What is an ERP system?

First of all, the acronym ERP stands for Enterprise Resource Planning.

The purpose of the ERP system is to offer integrated management, in which several areas of a company are interconnected, and the main organizational processes are centralized.

In this sense, basically, the management of stock, suppliers, finances, sales, marketing, accounting, human resources, among other procedures and sectors are easily managed by this system.

Therefore, by simplifying, controlling, and optimizing routines through the integration and automation of activities, you eliminate repetitive and manual work. Thus, you gain time to focus on complex tasks that need more attention.

In addition, ERP platforms generate reports on the production chain, which allows you to track your retail performance. This facilitates the identification of bottlenecks, points of improvement, and enables more assertive decision making.

How ERP works in practice

In general, the ERP system is like a structured database, in which all information about your company is available on a single platform.

In this way, it is possible to delimit access between different levels according to the needs of each employee, which enables greater control over the actions performed in the system.

Thus, in addition to organizing the data and making the research and analysis process simpler, ERP promotes the necessary security for your business information.

By using the integration platform to manage the company's activities, you ensure that the steps occur faster and without complications. This directly impacts the customer experience, since it generates satisfaction for the dynamism, speed, and guarantee that the services happen with efficiency.

Thus, the ERP system for retail enables some resources such as:
  • Purchase order tracking;
  • Monitoring of all sales;
  • Registration and management of accounts payable and receivable;
  • Inclusion and checking of data for people management;
  • Constant updating of stock levels in real time;
  • Generation of reports and even invoices;
  • Visualization of cash flow.
Importance of ERP for Retail

Now that you know what an ERP system is and how it works, see the advantages of using this management tool in your company.

Generates automations that facilitate the routine

One of the main benefits that ERP offers is the automation of processes to make them efficient so that they can be executed more quickly.

Thus, with just a few commands, you can perform tasks that would take hours to be done, such as importing orders into multiple channels, generating and issuing invoices, obtaining complete reports, and several other actions at once.

Contributes to information security

By centralizing your company's data on a single platform, the ERP system for retail has the important role of protecting this information. Thus, it is important to rely on an ERP that offers good protection features, such as

Access control: through the platform it is possible to establish access levels to certain people in your team. By classifying which actions each individual can apply in the system, you minimize the chances of error and data leakage.

Firewalls: another positive point of ERP is that the system can easily identify suspicious actions and thus take preventive measures in order to avoid cyberattacks.

Encryption: Unlike traditional management methods, the integration system contains an additional data protection layer. Therefore, you have more security that, from certain technologies used in this sense, your business data will not be sent or accessed by third parties.

Helps with inventory control

Surely you can imagine how highly relevant inventory management is to the sales process. In this sense, the ERP system for retail helps control the incoming and outgoing goods, with real-time updates.

This way, you can check stock levels and more accurately identify the quantity of inputs. Thus, it is possible to anticipate and replenish items on time and avoid losses of perishable products, for example.

Integrates the sectors

To perform all the processes in a fast and efficient way, ERP integrates several areas within your retail. With this, the communication between the sectors allows the agility of the operations and allows the optimization of time during the performance of the procedures.

Another advantage in relation to this interconnection is the sharing of information, because it facilitates the workflow and reduces the time dedicated to the performance of activities.

Save time and cut costs

Some of the main goals that retailers pursue in their business are related to optimizing time and cutting costs. For this, it is important to understand that using multiple systems to execute different processes can require more dedicated work time and result in more costs.

Thus, the ERP system for retail allows you, from the centralization of operations, to perform the various operational and management tasks in a simple manner.

This directly impacts the deadlines and especially the financial aspect, since only one platform supports the execution of numerous actions.

Therefore, there are several advantages to implement an automated management system in your company. However, it is necessary to find a safe and reliable platform.

How to choose a good ERP system for your retail business

Before entrusting the management of your company, analyze which platforms offer:
  • Best system usability
  • Service for your segment
  • Online systems
  • Good evaluations and are reliable
  • Good cost x benefit ratio
  • Maximum data protection
  • Best options for support
  • Several functionalities
The ONCLICK ERP system for retail is the ideal tool for you to control your business effectively and with tranquility.

With customized solutions and the use of innovative technologies, the platform enables a good managerial vision about all areas of your company, which allows you to reach the expected results.