With 50% of companies acquiring, upgrading, or planning to update their Enterprise Resource Planning (ERP) systems, businesses are recognizing the need for more efficient and connected operations. ERP software unifies processes, boosts efficiency, and delivers real-time data for smarter decision-making.
However, rapid technology advancements have left many company leaders uncertain about how to fully leverage their ERP systems. While some still view ERP as just a financial and inventory management tool, its capabilities go far beyond that. A modern ERP improves production planning, client management, compliance tracking, and supply chain visibility, helping businesses stay agile, responsive, and competitive in fluctuating market conditions.
A well-equipped ERP system delivers real-time insights into your company’s overall health, minimizing downtime and keeping production on schedule. With enhanced key performance indicator (KPI) tracking and instant access to performance metrics, decision-makers are empowered to act swiftly.
AI-powered insights help forecast for financial planning, balance inventory levels, and minimize overproduction or stockouts. By integrating departments, eliminating data silos, and streamlining workflows, ERP systems create a more efficient, connected operation.
In recent years, trade uncertainties, the pandemic, and geopolitical tensions have exposed the need for greater supply chain resilience. With real-time visibility and risk management tools, ERP systems have evolved from a back-office function into a strategic asset that helps businesses handle disruptions, optimize resources, and stay competitive in an unpredictable market.
A successful ERP aligns with business needs, strengthens operations, and enhances efficiency. The right system supports long-term growth, allowing businesses to scale without major disruptions.
An ERP system offers a range of interconnected tools designed to support different aspects of manufacturing operations. The following core functions help businesses improve productivity and manage complexity:
Accurate, up-to-date information in one system helps manufacturers respond quickly to market shifts, fluctuations in production demands, and financial planning needs.
As businesses expand, either through sales growth, new product lines, new locations or acquisitions, outdated systems struggle to keep up. Instead of streamlining operations, they can create inefficiencies, disrupt workflows, and hinder decision-making. ERP failure rates are alarming. Gartner research predicts that by 2027, more than 70% of recently implemented ERP initiatives will fail to fully meet their original business case goals.
Many companies invest heavily in ERP systems expecting seamless operations, only to face ongoing inefficiencies, misaligned workflows, and lack of user adoption. Without the right implementation strategy, even the most advanced ERP can become a costly burden.
For companies facing these challenges, an external advisor can be invaluable in selecting, implementing, and supporting the right ERP system—or in optimizing an existing one. The right team often comprises not only a Value-Added Reseller (VAR) but also an impartial external support team that stands by your side throughout the process. An external support team can help as an advisor and collaborator, leveraging experience to identify and analyze VARs tailored to industry and component needs.
Not all manufacturers need a new ERP. Many manufacturers treat ERP as a one-time investment rather than an ongoing improvement process. As businesses scale, supply chains shift, and customer demands evolve, some companies’ best strategy is to better use their existing systems by optimizing configurations, improving integrations, and leveraging better reporting tools.
Optimizing an existing ERP system offers several potential benefits:
By continuously refining their ERP system, manufacturers can get a more efficient, connected operation that keeps pace with business needs.
One of the steps to finding the right ERP system is choosing a deployment model that aligns with business operations and long-term goals. Businesses should carefully consider these important aspects:
A major distributor operating in North and South Carolina had invested heavily in an ERP system, expecting seamless transaction processing and accurate inventory costing. Instead, the company faced persistent problems—daily transactions weren’t flowing correctly, cash reconciliations were off, and inventory wasn’t being costed properly.
Despite knowing something was wrong, the internal team lacked the software expertise to diagnose the issue, and the ERP vendor wasn’t familiar with the company’s specific business processes. Frustrated by inconsistent numbers and operational inefficiencies, executive management turned to Elliott Davis with a pressing question:
"We’ve made a significant investment in our ERP system, but our numbers don’t add up. Cash reconciliation is off, and inventory isn’t being costed correctly. What’s the problem?"
Elliott Davis conducted a structured assessment to bridge the gap between the ERP system and the company’s business operations:
By implementing Elliott Davis’s recommendations, the manufacturer transformed its ERP system from a costly headache into a powerful business tool:
With their ERP system seamlessly aligned with business operations, the company experienced renewed confidence in their financial data. Streamlined workflows improved efficiency, relieving leadership to shift focus from troubleshooting errors to driving growth.
The leadership team at a consumables manufacturer had high hopes when they invested in a new ERP system to modernize operations across their 50 licensed locations and 5,000+ retailers. But despite the significant investment, the system wasn’t delivering as expected—particularly in the manufacturing and production module. Processes remained inefficient, data wasn’t flowing correctly, and teams struggled to fully adopt the new technology. As frustration grew, the company reached out to Elliott Davis for guidance, asking:
"We’ve invested heavily in this new ERP, but it’s not meeting our business needs. Can you help us leverage its full potential?"
Rather than starting over, Elliott Davis worked closely with the company and its VAR to optimize the ERP for peak performance. Our approach focused on:
Through a structured approach, the company turned its ERP frustrations into a success story:
Instead of struggling with an underperforming system, the manufacturer now has an ERP that works as intended—supporting operations, increasing efficiency, and positioning the business for long-term growth.
For business leaders and investors, timely, accurate data can mean the difference between securing a deal and missing out. Yet, in many companies, pulling essential financial reports or performance metrics can take two weeks or more, slowing decision-making and increasing risk.
A well-optimized ERP minimizes delays by:
With an optimized ERP, businesses no longer have to scramble for critical data. They can act quickly and confidently, seizing market opportunities instead of missing them.
An integrated ERP delivers real-time business insights, allowing for faster, data-driven decisions. However, software alone cannot eliminate inefficiencies. Success depends on proper implementation, training, and strategic alignment. Let Elliott Davis help you define your business requirements and tailor your software to support your goals.
Our services include support in:
At Elliott Davis, we help businesses choose, implement, and optimize ERP systems that drive efficiency, financial clarity, and operational excellence. A well-structured ERP is a foundation for smarter, scalable growth.
Let’s build yours together.
The information provided in this communication is of a general nature and should not be considered professional advice. You should not act upon the information provided without obtaining specific professional advice. The information above is subject to change.