The ROI of ERP Software: Why Saudi Businesses Can’t Afford to Wait

In the current competitive environment, Saudi companies are under pressure to grow at a higher rate, work more efficiently and to meet the changing government regulations. Whether in small family owned businesses to large multinational corporations, digital transformation has transcended beyond a buzzword, it is now a survival tactic.

ERP software is at the core of this change as it integrates finance, HR, supply chain, sales and other functions into one digital platform. Most progressive companies are already collaborating with the top ERP software companies in Saudi Arabia to modernize functions. To the remaining undecided, it is not a question of whether to invest in ERP but how soon. The later businesses choose to act, the greater opportunities they miss.

So what are the ROI of ERP software and why the Saudi business can not afford to wait?

1. Revision of Operations and Cost Cutting

Efficiency is one of the most direct returns on the adoption of ERP. Manual work, redundant data input, and isolated systems are time and resource-wasting. Companies are able to do the following with ERP:

• Automate Invoices and approvals

• Centralized data to have real time visibility

• Get rid of duplicative processes

  
  

As an example, manufacturers are able to monitor raw materials, production and inventory in a single place, and service providers are able to control contracts, billing and customer history without having to juggle several systems. The result? Fewer operation costs and better margins.

2. Saudi Regulations Compliance

The Saudi government is still implementing reforms within the framework of Vision 2030 such as ZATCA e-invoicing and severe VAT enforcement. In the absence of the proper system, companies face fines and interruptions.When you use the existing ERP software companies in Saudi Arabia, you are guaranteed that your business will have localized features like:

• English and Arabic interface support

• ZATCA and VAT compliant invoicing

• Compliance with Saudi payroll and labour regulations

  
  

This ROI that follows compliance is difficult to resist- it mitigates risk and keeps businesses in the good graces of regulators.

3. Better Decision-Making using Real-Time Data

In busy markets, one cannot afford to wait until the monthly reports are ready. ERP software provides the executives with immediate access to the correct information in every department. Leaders have the information they require to act swiftly on the market changes through sales forecasts and expense tracking.

This agility based on data is particularly important in industries such as construction, oil and gas, and retail where margins are low and competition is high.

4. Growth Scalability

Most of the Saudi businesses are extending regionally and internationally. Legacy systems cannot be able to keep up as businesses expand. ERP solutions such as QuickDice ERP are scalable and therefore businesses can add new users, modules and new locations without interference.

Investment today can enable your systems to expand with you rather than restrain you.

5. Optimizing Customer and Employee Experience

Sustainable growth needs happy customers and employees. ERP software enhances both:Customer experience: Response time, orders and after sales service improved.

Experience of employees: Streamlined procedures, fewer papers, and easy performance monitoring.Since workforce satisfaction and customer loyalty directly equate to revenue, these so-called soft benefits can be measured directly in ROI.

6. Real ROI Examples

Studies indicate that organizations that implement ERP are able to realize

• 20-30 percent increase in the efficiency of operations

• 15-20 percent decrease in inventory costs

• Reporting cycles 10-15 percent faster

• Considerable decrease in compliance-related fines

  
  

These savings add up and in case of Saudi businesses they are a good reason to adopt early. 

The Reason QuickDice ERP is Special

QuickDice ERP is one of the companies that produce ERP software in Saudi Arabia that has become a viable alternative to businesses requiring global best practices in addition to local compliance. It offers:

• Complete ZATCA integration to effortless e-invoicing

• Teams at all levels Arabic language suppor

• Scalable modules including finance, HR, supply chain, projects and camp management

• Mobile-ready and cloud-based solutions to provide an on-the-go access

  
  

QuickDice ERP, a cross of industry-specific functionality and Saudi localization, does not only provide compliance, but also provides measurable improvement in business performance. 

Final Thoughts

ERP implementation is no longer a nice to have upgrade, it is a business strategy. The ROI of Saudi business ventures to the businesses is of various nature: efficiency, compliance, scalability of growth and better decision making. The waiting will postpone the benefits and augment the dangers of being left behind competitors.

Businesses can harness these advantages by partnering with reputable ERP software providers in Saudi Arabia, and selecting all-in-one solutions such as QuickDice ERP, which can enable them to realize them soon and in a sustainable way. The quicker the companies get to it, the sooner they will be able to achieve a tangible ROI and become a leader in the Kingdom with its fast changing economy.