What to do about your ERP’s pricing inflexibility: SPOILER alert – don’t change your ERP!
ERPs are great at delivering solutions to meet many business needs. However, they are designed to cover such broad areas of software functionality. This means that ERPs can come up short in specialised and complex areas that many companies rely on every day.
Their key challenges include calculating complex prices and accruing both supplier and customer rebates…
Have a look at the typical ERP limitations below…are you facing these challenges?
Have you heard of Vanilla ERP, an ERP with no modifications?Keeping the base ERP clean is on most technology professionals’ lips, thanks to the horror stories of heavily modified ERPs that grind to a halt and represent a huge risk to any business.
There are two areas that summarise why ERPs fall short when it comes to pricing and rebates;
Here’s the rub: you don’t need to change your ERP to get deep functionality and hyper-speed performance in the area of pricing and rebate management. If your ERP is capable of handling the core functions adequately, then don’t change it. Instead, back out of those mods if you have any, and integrate a best of breed solution with it.
Integration to your ERP is easy. Simply put, managing your Trade Revenue gives you the competitive edge you need.
Take a look at what the integration architecture looks like with this infographic…