Excel ERP vs NetSuite ERP
In this day and age, some organizations still believe that an Excel system can be utilized as an Enterprise Resource Planning software. In fact almost 60% of companies use Excel for handling and inputting crucial data into their systems. The main reason being, excel is a software we are comfortable in using. Inputting formulas, inserting rows and columns are some ways to use excel for managing and collecting data. With the new updates coming to Excel, the system can now be used on cloud to provide more accessibility, sharing updates quicker etc. but it still relies on manual data entry.
In some cases, an Excel system can work in favor for organizations but soon they would run into countless errors. An Excel system cannot protect a company from human error, lack of data integrity and security breach which could potentially put a company at risk. In order to avoid such mishaps, an ERP system comes to your rescue. An ERP aka Enterprise Resource Planning system is an integrated system that provides higher level of control on your data and its access. ERP and Excel systems were created to ease the workload of employees, but the only difference is that an ERP system far outweighs an Excel sheet.
ERP Buddies Inc. has outlined some major benefits of using a dedicated ERP software in place of an Excel system. Since an ERP system is much more modern and provides a higher functionality, it becomes obvious that an ERP system is the way to go. Take a look below to understand the inefficiencies of an Excel system in detail.