The time is now. Invest in management

One of the first actions that many business owners adopt in times of crisis is the cost reduction. Often this involves reducing investments, which in some cases may be a mistake. Think of management systems, for example.

We live today in an extremely worrying macroeconomic scenario. Brazil is experiencing an economic crisis, politics and ethics. A number of indicators call our attention, such as: rising inflation, GDP falling and also predicting high rates of unemployment. And the question here is simple: your company is ready to act in this new scenario? The Brazilian economy is desacostumou and, because of that, many companies do not have the necessary tools to manage this new context.

In situations like the one we are living today, it is necessary that the company’s management is increasingly closer to the business and to be much more efficient. That means having the right indicators at the right time is critical. The speed with which things happen today, working with reports is a delay. Until they are printed, the whole scenario has changed. Hence the need for an integrated management system, which will make all the difference when making decisions.

Another factor: one must be very well controlled costs. Today it is impossible to work without knowing the contribution margin of each of the items sold by the company, it is a requirement brought about by market competitiveness. Moreover, a good management system optimizes processes and avoids reworking.

Want more reasons? A survey conducted by Nucleus Research (Boston, MA) in 2014 shows that every $ 1 invested in a management system, the return can be up to 700%. Moreover, companies that have invested in management tools grew in a period of five years, at least 36%.

But that these benefits are achieved, we must choose the correct management system. Here are some tips on choosing the best system:

• Adhesion – the choice depends on adherence analysis. The more it is adhering to the business processes, the lower the investment to be made during implementation, since the company does not do a lot of customizations.
• Indicators – the system must provide all indicators required for business management. For this, the ideal is that it works with the concept of management by dashboards, which can be accessed indicators in real time.
• Mobility – a good integrated management system has to be mobile. Managers can not depend on being in the company in front of their computers in order to access it. The speed of business requires to manage the distance and make decisions where is the manager.
• Support the management – is not uncommon to hear assert suppliers that the back office and processes are commodities. It is a mistake. Good management system should be concerned with this by providing important information such as contribution margin, break-even analysis and cash flow, among others. The commodity speech actually masks the inability to deliver this information.
• Flexibility – the ERP should also be flexible, allowing you to create new processes that are unique to your business. The management system must allow this customization quickly and easily.

All this, without forgetting that your company can not be held hostage to the supplier. This should transfer knowledge and give you a position to be autonomous in using the tool, allowing the exchange of information and collaboration between customers, partners and the company.

Full article: http://corporate.canaltech.com.br

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