As a small business owner, you know firsthand the joys and struggles of running a company. From the thrill of signing a new client to the anxiety of managing finances and meeting regulations, it can be a rollercoaster of emotions. That's where modern cloud-based enterprise resource planning (ERP) comes in. With its flexible, customizable, and user-friendly features, a cloud ERP solution is the key to thriving in today's digital economy.
According to the U.S. Small Business Administration (SBA), a small business is generally defined as one that employs fewer than 1,500 people and generates a maximum annual revenue of $41.5 million. But when you come to Africa this is different. A business making $10Million annually is not small. Last week , i was talking to one client in logistics sector. He failed to use one of global ERP platform in logistic sector because he have 4 employees and 35 trucks. Requirements to use that platform , you must have minimum 10 employees with a lot of conditions making it difficult for him. Everything in Africa is different. We managed to train him and started using EMA Fleet System which was developed for Africa. Whether you have 2 employees or 9 , we need an ERP that understand all those limitations.
Let me mention various categories of Small businesses operating in Africa that need special attention :
If your business falls into this category, then you're one of the millions of small businesses operating in Africa today. But unfortunately, statistics show that only 55% of small businesses make it past their fifth year. This high failure rate is understandable given the complexity of managing a business, but it's also preventable with the right technology that understand Africa environment. And in this case, the right technology is cloud-based ERP for small businesses like EMA CLoud ERP.
So, what is ERP for small businesses and what are its benefits? Essentially, it's the glue that holds your organization together, merging financials, sales, inventory, manufacturing, distribution, customer relationship management (CRM), and more in a centralized solution. It provides a "single source of truth" drawn from updated, accurate, company-wide data. Here are just a few benefits of implementing a small business ERP system:
EMA CLOUD ERP is a transformative cloud ERP solution that has recently hailed as a leader in its field. With a resource-based pricing model that allows small businesses to pay only for the resources they utilize, not the number of employees, EMA ERP offers advanced features and functionalities at an affordable price. This pricing model was a major factor in Temba Logistic's decision to choose EMA Cloud ERP. As controller and acting CFO Joel Jonas explains, "We were drawn to EMA's licensing model and were thrilled to find that it also offered a cloud-based platform with a wide range of third-party add-ons and the ability to customize it to fit our business needs. With EMA, everything is interconnected and streamlined, giving us a highly efficient way to manage our business."
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