[vc_row][vc_column][vc_column_text]The global ERP system market is expected to grow by $97 billion by 2024. This alongside, the 5% forecasted rise in the overall global trade of commodities by this year end – provides opportunity for traders to boost their business by training and equipping their teams with advanced Commodity Management tools.
While choosing the right ERP solution is essential to increase business value, it’s true power can only be realised if it is effectively adopted by team members to access, interpret and interact with data. According to Harvard Business Review, lack of employee skills and a rigid organizational culture are the top challenges faced by several business while migrating to new and emerging technologies. This could be primarily because as humans, we are bound to be resistant when it comes to embracing a sudden change or breaking free from traditional methods.
Wondering how to cope with this? Here are 4 factors to consider to ensure advanced technology is a win-win solution for both – your team and your company:
- Usability: This is the core factor to be considered while choosing the right software. Usability refers to the ease of access and use of a particular system in order to achieve exceptional user experience. In this context, you must ensure that your team feels comfortable with the software’s framework and fully understands its functionality. For instance, as Robo-Commodity is a single-window application that supports multiple geographies and entities, and offers 10+ insightful systems generated reports. Additionally, as it is a cloud ERP it be accessed from any device remotely, at any given time. Hence, several clients such as Ennero rate our product 5 stars for its ease of use.
- Integrated platform: A promising Commodity Management solution ought to be fully integrated with sources such as documents, market, weather, compliance as well as the organizational database through built-in connectors and open APIs. This helps synchronise external data and improves business and operational efficiency by digitally linking the business to partners, and suppliers; and effectively collaborate, automate manual processes, and eliminate flaws. Such an integrated platform would promote a seamless transfer of information and structure workflow between the front, middle and back employees.
- Performance scalability: Impactful business decisions require real-time high-quality data insights. Robo-Commodity allows traders to utilise their value chain data i.e., from sourcing to trading, supply chain, and financial and risk management. Thus, helping you measure the performance of every element in your business for richer information essential for sound decision making at every level.
- Tailored Solution: We had previously, highlighted the importance of ERP customisations and why we at Robosoft Solutions offer it! As no one solution fits all, we believe minor design customizations are key to the success of your unique business goals. Thus, the ability to perform real-time data analysis with personalised dashboards and embedded machine learning algorithms can help identify business inconsistencies can support team adoption. Thus, automating complex processes and saving your team the time to focus of the larger picture.
Overall, it is important to understand that mere implementation of a best-in-class Commodity Trading ERP is not sufficient to drive productivity. It is equally necessary to ensure the team handling the software is onboard with the same efficiency as well.
As we understand adopting to new technology can be daunting for some employees, our techno-experts ensure the product implementation and training processes are swift and hassle-free. In fact, our ability to offer the fastest implementation and best value has also won us awards by Software Suggest.
Find out more about our cutting-edge ERP solution for Commodity trading today![/vc_column_text][/vc_column][/vc_row]
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