We all know that Salesforce allows businesses to manage all their customer interactions. But as the platform has matured, it has become about more than just sales – businesses have been able to multiply the benefits they earn from the platform. Accounting solutions and other ERP tools especially make a perfect fit – instead of …
Here are highlights from article Why You Should Run Your ERP on the Salesforce Platform | Salesforce Ben
1. Master Customer Record:
– ERP system built on Salesforce platform puts sales and finance on the same team
– Everyone has access to the same customer record
– No arguments about whose data is right
2. Streamlined Finance:
– Finance team can enhance invoicing and accounts receivable processes
– Everything needed is in one place, reducing manual work and errors
– Improved invoice disputes, days sales outstanding, and cash flow management
3. Reporting:
– Salesforce CRM Analytics provides high-level insights and granular reporting
– All customer, operational, and finance data in one place for quick decision-making
– Revenue and costs can be managed, profitability optimized, and customer lifetime value understood
4. Compliance:
– ERP systems can automatically recognize revenue from various sources
– Accounting becomes easier with CRM plus ERP integration
– Time and effort required for month-end closing can be significantly reduced
5. Technology:
– Having ERP systems on the same platform as Salesforce eliminates the need for integrations
– Only one set of skills to learn and maintain
– Common security model and shared global app management benefit the entire organization
You can read it here: https://sfdc.blog/AIRBu
Source from salesforceben(dot)com