FinanSysFinanSys
Contact Us
  • About
    • About FinanSys
    • Meet the Team
    • Who Trusts Us
    • Partners, Accreditations & Memberships
    • Careers
    • Privacy Policy
  • Solutions
    • Sunsystems Solutions
      • SunSystems Financials
      • SunSystems Cloud
      • Query & Analysis Reporting
      • Sharperlight Reporting
      • Process Automation for SunSystems
      • Bank Payments
      • Making Tax Digital
      • Finansys Cloud
      • Spindle Document Delivery
      • Infor d/EPM
    • Netsuite Solutions
      • Oracle NetSuite Business Management Solutions
      • Financial Management Software
      • Professional Services Automation
      • NetSuite eCommerce Solutions
      • Cloud-based Customer Relationship Management Solutions
  • Services
    • SunSystems Services
      • SunSystems Training
      • Professional Services
      • SunSystems Support
      • FinanSys Cloud Support
      • Integration – Infor Sunsystems
      • SunSystems Project Calendar Timeline
    • NetSuite Services
      • NetSuite Professional Services
      • NetSuite Support
      • Oracle NetSuite Integration
      • NetSuite Project Calendar Timeline
  • Enhancements
    • Overview
    • Purchasing
    • Sales
    • Financial Accounting
    • Reporting
    • Human Resources
    • Compliance
    • Optical Character Recognition
  • Sectors
    • Energy, Oil & Gas
    • Financial Services
    • Hospitality
    • Insurance
    • Not-for-Profits
    • Professional Services
    • Property Management
      • Housing Associations
    • Retail
    • Software & Technology
    • Wholesale Distribution
  • Resources
    • Case Studies
    • Brochures
      • FinanSys Brochures
      • SunSystems Brochures
      • NetSuite Brochures
    • Videos
      • SunSystems Videos
      • NetSuite Videos
      • Thinking about a new accounting system?
    • Webinars
    • News and Blog
    • SunSystems Training Manuals
    • Subscribe to our mailing list
    • FAQs
  • Customer Area
  • Contact
  • About
    • About FinanSys
    • Meet the Team
    • Who Trusts Us
    • Partners, Accreditations & Memberships
    • Careers
    • Privacy Policy
  • Solutions
    • Sunsystems Solutions
      • SunSystems Financials
      • SunSystems Cloud
      • Query & Analysis Reporting
      • Sharperlight Reporting
      • Process Automation for SunSystems
      • Bank Payments
      • Making Tax Digital
      • Finansys Cloud
      • Spindle Document Delivery
      • Infor d/EPM
    • Netsuite Solutions
      • Oracle NetSuite Business Management Solutions
      • Financial Management Software
      • Professional Services Automation
      • NetSuite eCommerce Solutions
      • Cloud-based Customer Relationship Management Solutions
  • Services
    • SunSystems Services
      • SunSystems Training
      • Professional Services
      • SunSystems Support
      • FinanSys Cloud Support
      • Integration – Infor Sunsystems
      • SunSystems Project Calendar Timeline
    • NetSuite Services
      • NetSuite Professional Services
      • NetSuite Support
      • Oracle NetSuite Integration
      • NetSuite Project Calendar Timeline
  • Enhancements
    • Overview
    • Purchasing
    • Sales
    • Financial Accounting
    • Reporting
    • Human Resources
    • Compliance
    • Optical Character Recognition
  • Sectors
    • Energy, Oil & Gas
    • Financial Services
    • Hospitality
    • Insurance
    • Not-for-Profits
    • Professional Services
    • Property Management
      • Housing Associations
    • Retail
    • Software & Technology
    • Wholesale Distribution
  • Resources
    • Case Studies
    • Brochures
      • FinanSys Brochures
      • SunSystems Brochures
      • NetSuite Brochures
    • Videos
      • SunSystems Videos
      • NetSuite Videos
      • Thinking about a new accounting system?
    • Webinars
    • News and Blog
    • SunSystems Training Manuals
    • Subscribe to our mailing list
    • FAQs
  • Customer Area
  • Contact

Can ERP Technology Help Your Company Survive COVID-19?

Can ERP Technology Help Your Company Survive COVID-19?

    The COVID-19 pandemic has impacted the way we do business, from customer behaviour to how organisations manage work, processes, and people.

    Due to the lockdown and stay-at-home orders, organisations have been forced to:

    • adopt remote work policies for their employees
    • find ways to deliver their services and products remotely since customers could not visit retail shops and offices
    • diversify their supply sources

    While the crisis has led to the dissolution of many organisations, most likely, the companies that’ll survive in the long run are those that’ll adapt to the change and adopt new ways of managing the business. It’s organisations that’ll deploy technology to their advantage and scale their operations to current conditions using Enterprise Resource Planning (ERP).

    ERP will help your organisation survive the impact of COVID-19 in the following ways:

    • Managing rapid changes. Whether internal or external, changes will happen fast and companies need to respond quickly. ERP makes this a possibility, like using analytics for rapid management decision-making.
    • Automating routine manual processes and approvals. This allows management to focus more on contending the impact of the crisis.
    • Enabling remote working. Modern ERP solutions are able to connect with other business systems to give users remote access to business data and enable them to work from home.
    • Reducing reliance on human labour through the application of automation. And with capabilities for providing an integrated business process, enhancing customer service and warehouse operations, and even powering eCommerce, ERP packs the functionality that’s needed to keep human intervention low.

    To enjoy these benefits, it’s necessary to take the following steps:

    • You need to enhance your ERP system to work efficiently under the new normal. This may require moving to a more robust software or upgrading your current solution to deliver more powerful capabilities.
    • Companies with traditional ERP systems should exchange their on-premises projects for cloud-based solutions that can provide continuity from the current and future crises. Why? Because the more digitalised your business, the more assurance of continuity when facing both internal and external crises.

    Conclusion

    In conclusion, as COVID-19 has a long-term impact, your ERP should provide you with the tools to create an environment for examining current business practices in order to ascertain long-term operational efficiency while improving existing processes. Your ERP should support managing business data in a way that workers can have remote access as well as support creating a system where business processes, workflows, and approval steps can be initiated and completed without the need for lots of physical contacts.

    Your ERP should support horizontal automation, workforce management (both contingent and full-time), business intelligence, dynamic reporting, supply chain flexibility, and sourcing agility.

    This is where using a powerful cloud business management suite like NetSuite comes in handy. NetSuite’s robust capabilities and enormous flexibility allow it to be customised or configured in a way that supports new purposes such as remote information management, people management, and business management in all aspects.

    By moving work to the cloud, you’re putting your team members first, safeguarding their health, and providing them with a reasonable work-life balance that allows for happier employees and better quality of work.

    If you have any questions or would like to talk to a Netsuite expert, then get in touch with us today.

    Get in Touch
    Alt Text

    Related Posts:

    • How an Integrated ERP System Can Benefit Your Business
    • What is a Two-Tier ERP Strategy and How Can It Benefit Your Organisation?
    • 5 Key Profitability Metrics Every Software Company Should Monitor 
    • Top 5 Signs Your Business Is Ready for an ERP System
    • How to Find the Right NetSuite Consultant for Your ERP Project 
    • How to Reduce Your ERP Costs 
     
    Categories
    Recent Posts
    • FinanSys25 Event Recap: Highlights from the Day
    • How to Automate Finance Processes
    • Why Finance Teams in Oil & Gas Need a Seat at the Asset Management Table
    • How Finance Teams Can Unlock the True Cost of Underperforming Assets 
    • How to Break Free from Legacy Systems as an Oil and Gas Company
    Categories
    • Accounting
    • Accounting Software
    • Asset Management
    • Automation
    • Business Management
    • Business Process Automation
    • Business Process Management
    • Case Studies and Research
    • CFOs
    • Cloud
    • Cost Reduction
    • Customer Relationship Management
    • Data Management
    • Digital Transformation
    • Enterprise Resource Planning
    • Expense Management
    • Financial Analysis
    • Financial Management
    • Financial Reporting
    • FinanSys
    • General
    • Implementation
    • Infor Q&A
    • Integration
    • MTD
    • Multicurrency & Multicompany
    • NetSuite
    • Productivity
    • Project Management
    • Reporting
    • Software Update
    • SunSystems
    • SunSystems Cloud
    • Team Management
    • Time Management
    • Training
    • Uncategorised
    • UniFi
    • Workflow

    A Quick Refresher on How New NetSuite Releases Work

    Previous thumb

    Selecting a New Financial Management System for Your Housing Association? Key Things to Consider

    Next thumb
    Scroll

    FinanSys Solutions Ltd

    Address: FinanSys Solutions Ltd. Office One, 1 Coldbath Square, Farringdon, London, EC1R 5HL
    Phone: +44 (20) 7456 9833
    Email: info@FinanSys.com

    Privacy & Cookie Policy

    Terms of Use

    Copyright © 2025 FinanSys Solutions Ltd. All Rights Reserved

    Recent Posts
    • FinanSys25 Event Recap: Highlights from the Day
    • How to Automate Finance Processes
    • Why Finance Teams in Oil & Gas Need a Seat at the Asset Management Table
    Useful Links

    Events & Webinars

    Customer Login

    News & Blog

    Finansys ISO 27001 and SOC 2
    • Home
    • About
      • About FinanSys
      • Meet the Team
      • Who Trusts Us
      • Partners, Accreditations & Memberships
      • Careers
      • Privacy Policy
    • Solutions
      • Sunsystems Solutions
        • SunSystems Financials
        • SunSystems Cloud
        • Query & Analysis Reporting
        • Sharperlight Reporting
        • Process Automation for SunSystems
        • Bank Payments
        • Making Tax Digital
        • Finansys Cloud
        • Spindle Document Delivery
        • Infor d/EPM
      • Netsuite Solutions
        • Oracle NetSuite Business Management Solutions
        • Financial Management Software
        • Professional Services Automation
        • NetSuite eCommerce Solutions
        • Cloud-based Customer Relationship Management Solutions
    • Services
      • SunSystems Services
        • SunSystems Training
        • Professional Services
        • SunSystems Support
        • FinanSys Cloud Support
        • Integration – Infor Sunsystems
        • SunSystems Project Calendar Timeline
      • NetSuite Services
        • NetSuite Professional Services
        • NetSuite Support
        • Oracle NetSuite Integration
        • NetSuite Project Calendar Timeline
    • Enhancements
      • Overview
      • Purchasing
      • Sales
      • Financial Accounting
      • Reporting
      • Human Resources
      • Compliance
      • Optical Character Recognition
    • Sectors
      • Energy, Oil & Gas
      • Financial Services
      • Hospitality
      • Insurance
      • Not-for-Profits
      • Professional Services
      • Property Management
        • Housing Associations
      • Retail
      • Software & Technology
      • Wholesale Distribution
    • Resources
      • Case Studies
      • Brochures
        • FinanSys Brochures
        • SunSystems Brochures
        • NetSuite Brochures
      • Videos
        • SunSystems Videos
        • NetSuite Videos
        • Thinking about a new accounting system?
      • Webinars
      • News and Blog
      • SunSystems Training Manuals
      • Subscribe to our mailing list
      • FAQs
    • Customer Area
    • Contact