"Throwing more money at a problem has never solved the problem," says Nick Foy, Founder of Silverdale. "Sometimes, the best thing you can do is stop, take a step back, and reassess."
In this episode of Technology Reseller News, Foy discusses the hidden costs of inefficient ERP systems and how companies can reclaim control of their business operations.
The ERP Challenge
Enterprise Resource Planning (ERP) systems are meant to streamline operations, yet many businesses find themselves struggling with slow, fragmented systems that hinder productivity. "Most people don’t call it ERP," Foy explains. "They call it ‘the damn system’ because it’s slow, outdated, and frustrating to use." Over time, companies build patchwork solutions—layering new systems on top of old ones—without a cohesive strategy.
Kit-Bashed Systems and Hidden Costs
Many organizations unknowingly sabotage themselves by adopting multiple disconnected tools. "Every business thinks they need the ‘best in breed’ for CRM, marketing, and inventory management," Foy says. "But if those tools don’t talk to each other, you end up spending more time fixing data than running your business."
The Case for Stopping
Foy advises companies to stop throwing money at broken systems and instead assess their situation. Silverdale conducts ERP audits, often finding that businesses need to start fresh. Unlike traditional consultants who bill hourly, Silverdale offers fixed-price, fixed-timeline solutions. "If a provider won’t commit to a fixed cost, run," Foy warns.
The ROI of Fixing ERP
Companies that optimize their ERP systems experience increased efficiency, better decision-making, and cost savings. "Access to the right data at the right time leads to better purchasing, scheduling, and inventory management," Foy explains.
To learn more, visit silverdale.us.