The valuable insights you gain from ERP data

Øystein Moan is Chairman of Visma and can list several clear reasons why you should move your ERP system to the cloud.

— You'll be much more competitive with web-based ERP! You have access to the data in real time, all the time. All possibilities open to monitor the same KPIs in real time directly in the system. You don't have to look back on missed opportunities and can rather spend the time making necessary adjustments and priorities along the way,” he says.

“With hindsight, you can put death. It has been replaced with there-and-then prudence.

Read more: This is how the transition to Visma Net is

With a cloud-based system, you can check up-to-date numbers on your mobile, tablet or browser at any time. You can choose to be notified if custom limits are violated, and all employees can access relevant dashboards.

“With tools like this, it's easy to make small and large changes of direction and pace at the moment the need arises. The hindsight can put you dead. It's replaced with there-and-then prudence,” Moan says.

Read more: The advantages of cloud-based solutions over on-premises software

Switching to online system is a worthwhile endeavor

Moan makes no secret of the fact that, despite all the advantages, you must make an effort to be able to exploit these values.

“Companies that succeed in this will go into the future with stronger competitiveness. But it's not done in a handwringing. Utilizing all the capabilities of a state-of-the-art ERP system requires much more than cosmetic adjustments to roles and routines. We are talking about a new digital everyday life that needs to be met with will and capacity for transformation.‍

“With good information and process flow, you free up time and resources that can be spent on growth and value creation.

“The company needs to change internal routines, processes and mindsets. When adopting a state-of-the-art drill, you can not use it as if it were a manual screwdriver. The ERP system covers the needs of companies in the areas of financial management, logistics, project, reporting, analysis and payroll and HR. With good information and process flow, you free up time and resources that can be spent on growth and value creation.

Automation does not mean that positions are lost, but that one gets more time for the critical tasks of the enterprise.

“If you want to speed up your business, routine tasks need to be replaced with automated systems. This does not mean that human labor is taken out of the calculation, but that the time you save is rather used to provide personalized service and advice to customers.

Cost of start-up of web-based ERP solution

The ongoing subscription spending is far more predictable than the pricing models the vast majority of businesses are used to today, Moan points out.

“Upgrades come by themselves, at no cost, and the operating environment is handled by the supplier.

The web-based system also works around the clock. It has new functionality around every turn and is updated at all times according to state requirements and regulations. Error correction is also carried out continuously.

Are you ready to start changing your business?

The term technical debt describes the distance between ideal and real technical maturity in your company. In a world where the proper use of IT technology weighs ever more heavily on the profitability of all businesses, this is becoming more relevant with each passing day. Moan is in no doubt:

“There are companies that restructure themselves, and that are able to manage and minimize their technical debt in a good way, that will succeed in the future.

Signs that your business should have a web-based ERP:

• Do you use multiple systems to manage different departments, but without the systems talking?
• Do you use different software that you need to upgrade from time to time?
• Do you have high maintenance or licensing costs?
• Do you have little track of actual IT costs?