The value of your enterprise resource planning software can be determined by the data it holds and the insight you can draw from it. It's not just about quantity, but quality as well. How well does your data contribute to the decision-making process? How well does your legacy system track it? Business management software such as ERP allows your enterprise to make the most of this vital data stream, and apply it to your strategy. 

Establishing and maintaining standards
Without set standards, it would be challenging to keep accurate data and properly use it. In many legacy systems, different departments track information using different terms. Rick Carlton of ERP Focus wrote that modern ERP systems drive this standardization, improving data integrity by eliminating redundancies, errors or inconsistencies. 

Real-time analysis
ERP business management software provides real-time data, allowing your team to access the most up to date information. This provides the opportunity to react quickly to market changes, implement critical solutions and make accurate predictions for your orders. 

Mobility
With businesses becoming increasingly data-driven, there is more opportunity for workers to take advantage of mobile devices, wrote Sashi Reddi of CSC. In the manufacturing industry, workers using a modern ERP system can access real-time data on their phones and tablets while out on the manufacturing floor or meeting with vendors. 

ERP software helps you capture and use data more effectively,benefiting every aspect of your business. Take the opportunity to learn more about Accent Software and how our business management software solutions can help your enterprise.