For most of us, talking about growth in our business gets our adrenaline pumping: there’s a unique combination of excitement and fear as our minds race through all of the possibilities, and weigh the potential risks against our visions of success.
As you move past the rush of early stage growth, you run into new complexities in your operations and business processes. Established pathways for growth may become ineffective, and new pathways present a different set of risks. You may find that the systems and technology that worked for you in the early stages are now creating more problems than they solve.
If you’re like many of our clients, a cloud ERP solution like NetSuite may be the answer for getting to the next level of growth. A recent analyst report found that cloud solutions can facilitate growth in several key ways:
- Reduce capital expenditure by reducing or eliminating the need for data centers, hardware, and IT staff.
- Speed the process to “go live” milestones and keep up with changing market demands.
- Establish success (or failure) faster, allowing you to allocate your time and resources in a more effective way.
- Improve process consistency and efficiency with governance and control managed in a central system.
The report, “The Many Ways Cloud Can Facilitate Growth,” provides an in-depth look at business growth and cloud ERP solutions, using data from approximately 525 companies representing a range of sizes and industries.
Call our team today to request a copy of this report, and ask our experts how a cloud solution can accelerate growth for your business.