Plenty of people have increased revenue and reduced costs with ERP and still managed to run their business into the ground. Why? Because they failed to hit on the right combination of business processes to reach their actual objective – increased profit.

It’s well documented that relying on raising prices or reducing resources to lower costs comes with the inherent risk of losing customers, sacrificing quality, and weakening the organization. Although we’d all like to think that implementing an ERP solution solves all those problems, there’s still one missing element: people.

When the power of people is combined with the power of ERP you have a complete set of tools in your arsenal to put you on the path to increased profit and a healthier organization. The key is to take action. Here are five actions to consider.

5_steps_to_profitability

Source: Exact