Are you wasting valuable time trying to track down data about your business? The time that you could use to focus on planning to grow your business, some customised product to help you with data and actionable insights.
We are talking of a Business Management System.
What is Business Management System (BMS)
BMS is a customized system that defines the processes of the entire business. It manages every aspect of your business and automates the processes to give you visibility and control over your inventory, financial reporting, point-of-sale and customer/supplier information.
With the right tools, you should be able to benchmark your performance, access critical information, and ultimately make better business decisions.
You should be able to see at a glance, sales, stock, accounts receivable, work in progress and other key performance indicators. You can also prepare customised dashboards for staff in various departments to keep them accountable and on track.
Let us see how a BMS enables faster growth for our business:
- Increase efficiency and reduce errors
Utilising the latest technology and integration facilities, BMS eliminates the risk of errors and double processing for overlapping processes.
- Enhance customer service
The BMS application enhances your customer services by way of reports generated on service calls. BMS also helps in assigning calls to technicians, load planning, order entry modules and even coordination the loading of delivery trucks by delivery area and drop off point.
- Streamline inventory management
The modules on inventory management of the BMS system allows organisations to manage all inventory requirements, including planning, distribution, stock movements, pricing algorithms and full warehouse replenishment.
- Ensure the integrity of your data
BMS ensures the integrity, consistency and security of your business data.
- Improve financial control
BMS enables businesses to exercise the highest level of financial control, providing timely information on demand, to facilitate planning and manage all facets of budgeting.
- Customised for Your Business
Every business is different, so you need a BMS which can be customised to suit your unique requirements. You should have the ability to view all the relative information that is important to your business in real time.
Your BMS needs to be flexible so that when your business grows and develops, you should have the ability to customise it to suit your requirements. This could include adding new reporting tools to track new product lines or developing new dashboards to get greater visibility in new market areas.
A good BMS helps you leverage your database resources, giving access to those who require it to perform in their role. It will also help you standardise your business processes ensuring business rules are adhered to.
- Actionable Insight
BMS gives you holistic and accurate view of your business. There is more accurate reporting which leads to better quality decisions.
- Grow The Bottom Line
We are all here to grow. With better organisation of information and a timely and accurate understanding of what is happening in your business, you are going to make decisions that result in both savings and growth.
Every business owner should take the time to map out what they are going to do in the next 12 months to further grow their business. Don’t spend your time trying to track down information when your focus should be on your business! Reach out to edynamics, your BMS provider !