SME Archives - 麻豆原创 Africa News Center /africa/topics/sme/ News & Information About 麻豆原创 Wed, 18 Mar 2026 07:30:22 +0000 en-ZA hourly 1 https://wordpress.org/?v=6.9.4 The Essential Tech Trends for African SMEs /africa/2026/03/the-essential-tech-trends-for-african-smes/ Wed, 18 Mar 2026 07:30:21 +0000 /africa/?p=148660 In 2026, African small and midsize enterprises (SMEs) will be defined by their digital capabilities. Foundational capabilities such as cloud, business AI, and ERP running...

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In 2026, African small and midsize enterprises (SMEs) will be defined by their digital capabilities.

Foundational capabilities such as cloud, business AI, and ERP running on clean-core data strategies will be measured not only by their adoption and use within the business, but how quickly and effectively they can be unleashed across the SME鈥檚 operations.

This vital sector accounts for nearly 95% of registered businesses in sub-Saharan Africa and generate roughly half of the region鈥檚 GDP, yet many remain under-digitised. A World Bank report found that听听that have adopted digital technologies make intensive use of them to improve the running of their businesses.

The B20 South Africa 2025 Digital Transformation Task Force listed SME digitalisation and AI literacy as听. A separate report projected that听, creating 300听000 jobs and expanding access to essential services to millions.

Mobile technologies are paving the way for greater digitalisation across the continent, contributing 听in 2024, a figure that is set to grow rapidly in the wake of an accelerated 4G and 5G rollout. Cloud adoption is surging, with nearly half of all companies in Africa reporting they鈥檝e already adopted cloud technologies,听.

However, this digitalisation is also introducing greater cyber risk.听听revealed a continent-wide escalation of cybercrime,听with about one in 15 organisations in Africa facing a ransomware attempt each week 鈥 significantly higher than the global average.

SMEs seeking to scale their digital capabilities for greater efficiency, innovation and growth this year must take heed of the trends and forces shaping Africa鈥檚 digital economy, including:

Trend 1: Cloud as the default operating model

Cloud computing has crossed a tipping point among African businesses, with adoption growing across the continent. For SMEs, the attraction is straightforward. Cloud replaces large upfront capital costs with predictable subscriptions, supports hybrid and mobile work, and allows businesses to scale systems as they grow. Just as importantly, it reduces the operational burden of maintaining infrastructure, patching systems and managing uptime.

Simplified cloud adoption through offerings such as GROW with 麻豆原创 for new ERP customers and RISE with 麻豆原创 for those moving from on-premise systems to the cloud ease the path to adoption. The emphasis is not on infrastructure alone, but on packaged best practices, faster implementations and built-in compliance and security.

With hybrid and remote work now an established reality for SMEs, demand for cloud-based human capital management systems is surging. These systems听integrate payroll, performance, learning and workforce analytics, equipping even smaller firms with digital payslips, employee self-service, compliant payroll processing and basic people analytics.

Trend 2: Business AI moves from hype to habit

The most important AI trend for African SMEs is not experimentation with standalone tools, but the quiet embedding of AI into everyday business workflows. Finance, HR, supply chain and customer operations are increasingly augmented by AI that automates routine tasks, highlights risks, and supports better decisions.

The expected gains are practical rather than futuristic: faster invoice processing, improved cash-flow forecasting, better demand planning and more efficient HR administration. For example, 麻豆原创鈥檚 Joule AI copilot is being embedded across core business applications, enabling natural-language interaction with trusted enterprise data. Instead of building AI capabilities from scratch, SMEs consume intelligence directly through their ERP, HR and planning systems.

This matters in African contexts, where skills and budgets are constrained and trust in data is critical.听听found that nine in ten African organisations were suffering from negative impacts due to a lack of AI-related skills, including delays in implementations, failed innovation initiatives and loss of clients.

Trend 3: ERP is the digital nerve centre

This year,听cloud ERP will be less about 鈥渕odernisation鈥 and more about survival. SMEs that remain on fragmented, on-premise systems will find it harder to compete on cost, speed and trust.

Once seen as too complex or expensive for smaller firms, modern ERP is increasingly modular, cloud-native, mobile-friendly and AI-enabled. It integrates finance, operations, people and partners into a single source of truth. For SMEs, ERP is no longer just a back-office system but a digital nerve centre that enables AI, supports compliance, strengthens security and connects businesses to wider ecosystems.

In 2026, African SMEs听that build capability stacks around cloud ERP, embedded AI, secure platforms and digital skills will be able to compete with far larger organisations. Those that delay risk being locked out of supply chains, talent pools and digital markets.

Trend 4: Cybersecurity becomes existential

Ransomware, business email compromise and data breaches are no longer rare events, and the financial impact can be devastating.听听found that the global average cost of a data breach reached $4.4m in 2025. For many SMEs, such a breach represents an existential threat.

The volatile cyber threat landscape is shaping technology decisions. Cloud platforms can help reduce overall risk by consolidating听security, patching and monitoring into professionally managed environments. For example, 麻豆原创鈥檚 cloud ERP strategy emphasises secure-by-design architectures and shared responsibility models that reduce the burden on small IT teams.

This year,听cybersecurity will be firmly established as a board-level issue for African SMEs, on par with cash flow and regulatory compliance.

Enterprise technology is heading toward cloud, business AI and end-to-end solutions that improve planning, efficiency, execution and innovation capabilities. For African SMEs, the opportunity lies in adopting these capabilities pragmatically and early, turning global platforms into local competitive advantage.

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How 麻豆原创 is Driving Digital Transformation, Supporting SMMEs /africa/2025/02/how-sap-is-driving-digital-transformation-supporting-smmes/ Tue, 04 Feb 2025 07:58:08 +0000 /africa/?p=148005 Cameron Beveridge, head of mid-market for 麻豆原创 Middle East Africa South, spoke to Connecting Africa at Africa Tech Festival 2024 about 麻豆原创’s investments in digital...

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, head of mid-market for 麻豆原创 Middle East Africa South, spoke to Connecting Africa at Africa Tech Festival 2024 about 麻豆原创’s investments in digital cloud solutions and how it is supporting small, medium, and micro enterprises (SMMEs), startups and scale-ups across the continent.

Click the button below to load the content from YouTube.

How 麻豆原创 is Driving Digital Transformation and Supporting SMMEs in Africa | Africa Tech Festival

Topics covered in this interview:

  • 麻豆原创’s role in digital transformation on the continent.

  • How 麻豆原创 supports startups and SMMEs with innovative cloud solutions.

  • Insights on why 麻豆原创 sponsored the Founder and Investor Day at Africa Tech Festival 2024.

    This article first appeared here:

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AI, Adaptability Top Priorities for SMEs /africa/2024/10/ai-adaptability-top-priorities-for-smes/ Fri, 11 Oct 2024 08:18:21 +0000 /africa/?p=147848 The ability to adapt to rapidly changing external circumstances and leverage powerful new technologies are key to the growth and success of African small and...

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The ability to adapt to rapidly changing external circumstances and leverage powerful new technologies are key to the growth and success of African small and medium enterprises (SMEs), according to a new report by 麻豆原创.

, head of mid-market at 麻豆原创 MEA South, says SMEs are vital to the continent鈥檚 economy, but many face significant hurdles stifling their growth. 鈥淎frica is home to a vibrant and diverse SME sector that contributes half its GDP and the majority of employment. However, skills constraints and a lack of technology is constraining growth in this vital sector.鈥

data indicates that SMEs account for 95% of all registered businesses in sub-Saharan Africa and contribute about half of the continent鈥檚 GDP. In South Africa, 91% of formal businesses are SMEs, providing 60% of all employment in the country.

According to the report, which was developed by 麻豆原创 and , more than a third of global SME leaders are prioritising growth through new customers, increased market share and greater revenue over the next two years. Factors such as improved innovation capacity and greater agility also ranked highly.

鈥淚nnovation is essential to business growth in the modern age, especially in light of the accelerating pace of change and ongoing disruption in global markets,鈥 says Beveridge. 鈥淪mall and medium enterprises are leveraging innovation to fulfil and deliver services more efficiently, boost their profitability, and grow their market footprint.

鈥淭here is also growing recognition of the role innovation can play in launching new services or business models, creating more personalised customer experiences, and preparing for the next wave of technologies, for example AI.鈥

About a quarter of companies that formed part of the study said they are currently using AI and machine learning, with half saying they鈥檙e planning to adopt these technologies in the coming year.

Beveridge says having the right foundation is key to enjoying the immense productivity, efficiency and innovation gains offered by technologies such as AI. 鈥淪MEs that have adopted the cloud reported improved agility, optimised processes, reduced costs, and improvements to customer and employee experiences.鈥

Cloud adoption also enhances sustainability efforts, with a separate report finding that SMEs that have adopted sustainability software solution reported reduced emissions, greater benchmarking capability, and improved data collection for ESG reporting.

Beveridge says growth-focused SMEs should build innovation strategies and business models that leverage technology and complement existing and future human capital needs.

鈥淪MEs can compete more effectively by investing in four focus areas, namely: defining clear goals and values for the business and mobilising employees in support of the goals; adopting relevant technologies to keep up with trends and competitors; engaging in continuous strategic workforce planning to ensure the business can grow with changes in the market; and fostering a culture of innovation that prizes adaptability and agility and encourages people to think of new ways to do business and deliver value to customers.鈥

He adds that effective innovation within SMEs requires the entire organisation to mobilise behind new ways of thinking. 鈥淪MEs should encourage every employee regardless of their role to actively participate and share ideas for building a culture of innovation that permeates every layer of the organisation. SMEs should also leverage customer insights to ensure their innovation delivers to customer needs.鈥

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ERP is Your Business鈥檚 Guiding Light During an Economic Storm /africa/2024/01/erp-is-your-businesss-guiding-light-during-an-economic-storm/ Tue, 23 Jan 2024 09:19:54 +0000 /africa/?p=147186 Most South African businesses are facing a perfect storm, with rand/dollar volatility, disruptions at the ports, load shedding and slow economic growth putting their adaptability...

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Most South African businesses are facing a perfect storm, with rand/dollar volatility, disruptions at the ports, load shedding and slow economic growth putting their adaptability to the test.

In the current volatile climate, the organisations that will thrive are those that can rapidly detect, respond to, and even anticipate changes in market conditions.

The key to achieving this level of agility is having an enterprise backbone that gives you a holistic view of your data in real time.

But many small and medium enterprises in South Africa are held back by standalone legacy business systems and manual processes that result in duplicated effort and poor business visibility.

Today鈥檚 cloud-based enterprise planning systems address these challenges. Modern platforms such as 麻豆原创 Business One are designed to be the only system that a business needs for most of its processes and functions.

This includes financials, sales, service, inventory, production management, customer relationship management and more.

These platforms are also designed for easy integration with a range of solutions from independent software vendors (ISVs), offering you access to added functionality.

What this all adds up to is a business solution spanning the entire business with just one database that serves as the single source of truth for the organisation.

Real-time visibility: The key to informed decision-making

Managers no longer need to extract information from multiple systems to run reports or manage data silos.

Everything is tracked in real or near-real time, making for better decisions based on a complete, accurate and up-to-the-second view of what鈥檚 happening in the business.

Key stakeholders and users also have access to immediate updates which allows for faster reactions to new opportunities.

With information about the processes of different departments stored in one place, ERP gives a 360鈦 picture of performance.

Because everybody is working in one application, they can collaborate more effectively based on a connected flow of information.

End-users also love the fact that they spend a lot less time manually keying in data or exporting it from one application to another.

The tight integration of ERP and the smooth movement of data across the business also enables elevated automation. ERP streamlines the hard work of running and managing a business by facilitating smooth workflows across the entire enterprise.

Teams get instant boosts to productivity and efficiency, allowing them to spend more time and strategic and value-added activities.

A sometimes overlooked benefit of ERP lies in how it can help improve customer service levels. Rather than needing to access or cross-reference different systems, your sales and service teams can easily find real-time data to solve queries instantly.

Automating common tasks, such as sales order tracking or billing, will lead to better customer experiences.

Embracing innovation

ERP solutions can also help a business to take advantage of innovations such as the Internet of Things and artificial intelligence.

These cutting edge technologies can help address modern business challenges, leverage vast volumes of data for more business benefit and innovate faster. But all this power doesn鈥檛 mean ERP needs to be complex or expensive to put in place.

Today鈥檚 preconfigured, cloud-based ERP solutions are based on industry best practices, are affordable for mid-sized businesses and can be deployed rapidly for quick ROI.

SEIDOR globally, has deployed such solutions for hundreds/thousands of mid-sized businesses, which are using them to improve decision-making, enhance productivity and become more agile.

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Smart Warehousing a Key Step in SMBs鈥 Digital Transformation Journey /africa/2023/10/smart-warehousing-a-key-step-in-smbs-digital-transformation-journey/ Wed, 04 Oct 2023 06:53:47 +0000 /africa/?p=146940 Can digital transformation be done on a small budget? The answer is yes. Click here for more information about SEIDOR Africa For small to medium-sized...

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Can digital transformation be done on a small budget? The answer is yes.

For small to medium-sized manufacturers听and distributers, the advantage of digital technologies is that they can be built up over time, with each investment enabling the next.

Although adoption of Industry 4.0 on the African continent is lower than in the developed world, the impact that smart technologies can make at a socio-economic level 鈥 by saving money and increasing efficiency 鈥 is being widely discussed.

The past five years have accelerated changes in the logistics industry, pushing up the demand for faster delivery, omnichannel ordering and multi-channel delivery options, and increased order and product trackability.

In Africa, online retail revenue is estimated at around, which is only 3.5% of total retail sales.

鈥淭o meet the needs of this burgeoning sector, a warehouse management system (WMS) requires integration with an enterprise resource planning (ERP) to enable data exchange, order processing, accurate inventory management, demand forecasting, enhanced reporting, improved customer experiences, cost efficiency, and more,鈥 says听Andre Adendorff, Director of Presales, SEIDOR in Africa.,鈥.

鈥淚ntegration ensures that warehouse operations are synchronised with broader organisational processes, facilitating accurate insights, streamlined workflows, and better decision-making across the supply chain.鈥

Grappling with the complexities of more extensive logistics systems can be daunting for SMBs. Hence the need for warehouse solutions that cater to this market. They need solutions that are easy and quick to implement.

The right solution can drive digital transformation at operational level, yielding several key benefits:

  • Moving from manual and offline systems to real-time tracking of inventory
  • Realtime visibility into inventory levels
  • Warehouse layout- and bin management
  • Elimination of business process waste and increased processing accuracy
  • Compliance and security
  • Alignment of digital initiatives with business objectives
  • Increase in overall customer service levels
  • Creation of an analytics environment that enables data-driven decision-making 鈥淭o find the best fit, SMBs need to look to trusted solution providers,鈥 Adendorff听says. 鈥淭ried and tested digital transformation solutions are quick to implement, easy to onboard and use, and offer an accelerated ROI. Forward-thinking African and South African manufacturers and distributors听are looking to adopt world-class standards in their warehouses to enable accuracy in tracking of inventory movements within the 鈥榝our walls鈥.鈥

Digital transformation is a journey toward creating an entirely new business, he adds. The best digital transformation solutions will support end-to-end warehousing requirements, including:

  • Procure-to-pay cycles
  • Order-to-cash cycles with omni-channel sales support
  • Replenishment
  • Item placements and put-away rules
  • Production issues for raw materials
  • Receipt finished goods and manage work-in-progress stock
  • Quality control
  • Inventory counting
  • Batch- and serial number entry
  • Configurable label printing
  • GS1-128 (UCC/EAN-128) standardisation
  • Intelligent devices and cloud-based services and applications

How can mid-size companies traditionally shorter on resources tackle such an initiative?听

鈥淪tart by assessing the current environment, processes, and systems in use,鈥 says Adendorff 鈥淣ext, establish a committee that will embrace the initiative and ultimately be the owner from start to finish. Project assessment, evaluation, and planning are key.鈥

鈥淧ost implementation, SMBs need to consider further warehouse optimisations as part of the digital transformation journey.鈥

As an example, integrating warehousing solutions alongside 麻豆原创 Business One, SMBs can digitise their warehouse management processes, improve efficiency, accuracy, and visibility, and ultimately enhance their overall warehouse operations.

鈥淚t is important to remember that digital transformation is not only about technology. It encompasses a total shift in organisational culture, processes, and mindset.鈥

鈥淭he essence of digital transformation lies in reimagining and reinventing business models, workflows, and customer interactions to leverage technology鈥檚 full potential,鈥 says Adendorff.

鈥淪EIDOR Africa transforms the logistics processes into finely-tuned operations that drive productivity and profitability in the supply-chain.鈥

鈥淎 warehouse management system听fast tracks the digital transformation journey and core warehouse functionality allowing for speed, agility, traceability, and compliance while remaining adaptable,鈥 he concludes.

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Unlocking SMB Business Potential Through Enterprise Resource Planning /africa/2023/09/unlocking-smb-business-potential-through-enterprise-resource-planning/ Thu, 07 Sep 2023 08:28:11 +0000 /africa/?p=146582 With every minute that ticks by, a business can make or lose money. Add up these minutes into hours, days and weeks and the importance...

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With every minute that ticks by, a business can make or lose money. Add up these minutes into hours, days and weeks and the importance of streamlining operations and maximising productivity becomes increasingly evident.

An integrated ERP system can effectively free up time and effort by automating key business functions in financials, operations, and human resources 鈥 allowing employees to focus on tasks that require human capital. However, ERP may appear to be exclusively reserved corporations and there tends to be a false belief among SMBs that the software is reserved for large organisations with vast resources.

The result being that many SMBs still rely on manual processes, unaware of the opportunity cost they are incurring through the time-consuming and error-prone nature of manual processes.

The opportunity cost of not implementing ERP becomes ever more evident when considering Excel spreadsheets, disparate systems, and fragmented data, all of which are commonly faced by SMBs. These inefficiencies not only drain valuable time and resources but limit the ability to make well-informed business decisions quickly and effectively.

It鈥檚 time for SMBs to consider the untapped potential that lies within the realm of ERP. The good news is that the market has evolved to include cost-effective ERP solutions tailored to SMBs.

鈥淪oftware solutions like are levelling the playing field and harnessing the power of automation to drive small and medium business success through an integrated solution that consolidates key business functions,鈥 says , Group Managing Director, SEIDOR in Africa.

鈥淏y automating processes, entrepreneurs can focus their energy on strategic activities that directly impact growth and profitability.鈥

What鈥檚 more, time previously spent on repetitive tasks, can now be redirected towards analysing market trends, nurturing customer relationships, and exploring new opportunities. Moreover, ERP systems empower SMBs with real-time data and analytics, providing actionable insights for informed decision-making.

, for example, allows managers to access comprehensive reports, gain visibility into supply chains, and identify bottlenecks or inefficiencies that may have gone unnoticed. This level of transparency and control allows businesses to make fast, data-driven decisions, thereby responding to market demands and staying ahead of competitors.

While cost is often a concern for SMBs, it is crucial to view ERP implementation as an investment. For starters the upfront expense can be offset by the long-term benefits of reducing operational costs, minimising errors, and optimising resource allocation.

Added to this, the automation of repetitive tasks significantly reduces error and unlocks the untapped potential of employees, enhancing productivity and driving sustainable growth.

In conclusion, it鈥檚 evident that the opportunity cost of not implementing ERP for SMBs is too significant to ignore.

鈥溌槎乖 Business One demonstrates the transformative power that automation and integration can bring to businesses of all sizes. By recognising the need to evolve, adapt, and embrace digital transformation SMBs can remain competitive in the evolving business landscape. The era of manual processes and missed opportunities is over 鈥 it鈥檚 time for SMBs to unlock their true potential with ERP.鈥 says Lopes.

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Unlocking SME Business Potential Through Enterprise Resource Planning /africa/2023/08/unlocking-sme-business-potential-through-enterprise-resource-planning/ Tue, 22 Aug 2023 07:48:02 +0000 /africa/?p=145003 With every minute that ticks by, a business can make or lose money. Add up these minutes into hours, days and weeks and the importance...

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With every minute that ticks by, a business can make or lose money. Add up these minutes into hours, days and weeks and the importance of streamlining operations and maximising productivity becomes increasingly evident.

An integrated ERP system can effectively听free up time and effort by automating key business functions in financials, operations, and human resources 鈥 allowing employees to focus on tasks that require human capital.

However, ERP may appear to be exclusively reserved corporations and there tends to be a false belief among SMEs that the software is reserved for large organisations with vast resources.

The result being that many SMEs still rely on manual processes, unaware of the opportunity cost they are incurring through the time-consuming and error-prone nature of manual processes.

The opportunity cost of not implementing ERP becomes ever more evident when considering Excel spreadsheets, disparate systems, and fragmented data, all of which are commonly faced by SMEs.

These inefficiencies not only drain valuable time and resources but limit the ability to make well-informed business decisions quickly and effectively.

It鈥檚 time for SMEs to consider the untapped potential that lies within the realm of ERP.

The good news is that the market has evolved to include cost-effective ERP solutions tailored to SMEs.

鈥淪oftware solutions like are levelling the playing field and harnessing the power of automation to drive small and medium business success through an integrated solution that consolidates key business functions,鈥 says Pedro Lopes,听Group Managing Director,听.

鈥淏y automating processes, entrepreneurs can focus their energy on strategic activities that directly impact growth and profitability.鈥

What鈥檚 more, time previously spent on repetitive tasks, can now be redirected towards analysing market trends, nurturing customer relationships, and exploring new opportunities.

Moreover, ERP systems empower SMEs with real-time data and analytics, providing actionable insights for informed decision-making.

麻豆原创 Business One, for example, allows managers to access comprehensive reports, gain visibility into supply chains, and identify bottlenecks or inefficiencies that may have gone unnoticed.

This level of transparency and control allows businesses to make fast, data-driven decisions, thereby responding to market demands and staying ahead of competitors.

While cost is often a concern for SMEs, it is crucial to view ERP implementation as an investment. For starters the upfront expense can be offset by the long-term benefits of reducing operational costs, minimising errors, and optimising resource allocation.

Added to this, the automation of repetitive tasks significantly reduces error and unlocks the untapped potential of employees, enhancing productivity and driving sustainable growth.

In conclusion, it鈥檚 evident that听the opportunity cost of not implementing ERP for SMEs is too significant to ignore.

鈥溌槎乖 Business One demonstrates the transformative power that automation and integration can bring to businesses of all sizes.鈥

鈥淏y recognising the need to evolve, adapt, and embrace digital transformation SMEs can remain competitive in the evolving business landscape.鈥

鈥淭he era of manual processes and missed opportunities is over 鈥 it鈥檚 time for SMEs to unlock their true potential with ERP.鈥 says Lopes.

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The Power of Customisation: Exploring ERP SaaS vs. PaaS and Their Role in Future Proofing Businesses /africa/2023/08/the-power-of-customisation-exploring-erp-saas-vs-paas-and-their-role-in-future-proofing-businesses/ Fri, 18 Aug 2023 07:16:05 +0000 /africa/?p=145001 Innovation is the lifeblood of any successful enterprise and the right technology can be a catalyst to growth and competitive advantage. When it comes to...

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Innovation is the lifeblood of any successful enterprise and the right technology can be a catalyst to growth and competitive advantage. When it comes to ERP software, businesses often find themselves at a crossroads 鈥 weighing the benefits between SaaS and PaaS solutions.

While both options have their merits, businesses should听 consider whether they need customisation and control to empower their businesses objectives and achieve individualised goals.

SaaS ERP has gained significant popularity in recent years, owing to its ease of implementation and maintenance. With SaaS, companies can access their ERP systems through the cloud, eliminating the need for extensive hardware infrastructure and reducing upfront costs.

It also offers scalability without significant disruptions. However, it must be noted that this convenience comes at the cost of limited customisation. SaaS ERP solutions typically cater to a broad range of industries, resulting in a one-size-fits-all approach that may not specifically align with a company鈥檚 unique workflows and processes.

PaaS ERP solutions, meanwhile provide a higher degree of flexibility and customisation by allowing businesses to build their ERP systems on a pre-configured platform for greater control over workflows, integrations and reporting.

This level of customisation enables organisations to adapt the software to their unique needs, aligning it seamlessly with their existing processes.

鈥淭his level of customisation can鈥檛 be underestimated in a business environment that demands constant re-evaluation and change, and one in which a one-size-fits-all approach often falls short,鈥 says Heinrich de Leeuw, Managing Director, .

鈥淲ith solutions like , which empowers businesses with its robust features, scalability, and ability to integrate with other enterprise applications, businesses can tailor their ERP systems to fit their processes, workflows, and industry-specific regulations. This ability to customise business processes enhances efficiency, boosts productivity, and drives growth,鈥 De Leeuw says.

Customisable ERP solutions can help to future-proof businesses by enabling organisations to embrace digital transformation and seize new opportunities without major disruptions to their current operations.

The flexibility of PaaS empowers organisations to integrate emerging technologies, such as artificial intelligence and machine learning, into their ERP systems 鈥 paving the way for smarter decision-making and innovation.

鈥淪aaS ERP solutions have their merits, especially for smaller businesses with limited resources and straightforward requirements.鈥 says De Leeuw. 鈥淧aaS can take SMEs to the next level by giving them control and customisation.

By aligning their ERP systems with their unique processes, organisations can unlock their full potential, enhance collaboration, and achieve a competitive edge in their respective markets.

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How SMEs in Africa Can Save Money and Improve Productivity /africa/2023/06/how-smes-in-africa-can-save-money-and-improve-productivity-2/ Wed, 28 Jun 2023 06:58:35 +0000 /africa/?p=144759 African economies are likely to continue being affected by increased inflation and the COVID-19 pandemic鈥檚 lasting impacts throughout 2023. Small and medium-sized businesses (SMEs) all...

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African economies are likely to continue being affected by increased inflation and the COVID-19 pandemic鈥檚 lasting impacts throughout 2023.

Small and medium-sized businesses (SMEs) all over the continent will need to keep on eye on cutting expenses and boosting efficiency in light of this. The good news is that there are numerous approaches to achieving these goals without sacrificing quality, growth or development.

Here are five actions SMEs can take.:

Fast track moving to the cloud听

Many of today鈥檚 SMEs rely on IT to manage almost every aspect of their operations, from production and transportation to customer support and back-office management. A impactful method to lower operational and capital costs is to move away from on-premises hardware and software. You can purchase IT hardware and software on a subscription basis rather than outright.

You will only pay for the capacity and services you require, avoiding large capital investments altogether. Without spending money on new gear, you may rapidly and effectively scale operations up and down. IT will change as you hire additional staff or expand your clientele. Additionally, you won鈥檛 need to manage an internal IT department.

Outsource non-core activities

Many SMEs find that they do not need to run a full finance, HR, IT marketing or payroll function. You can outsource non-core activities to specialised freelancers or consulting firms. By doing this, you can obtain top-notch services and abilities without having to hire an expensive full-time chartered accountant or IT manager. In some cases, you could even find professional services firms that operate on a monthly, or annual, subscription basis with costs tailored to your business鈥檚 size and needs.

Limit your expenditures

Even after most SMEs have cut some costs over the past three years, it鈥檚 a good idea to keep reviewing your听day to day running听 expenses. Make sure you are receiving favourable terms from service providers like your broadband and insurance firms and ensure you are not overspending on supplies like stationery and consumables. You can channel operational savings towards strengthening your value proposition.听This increases your profitability, improves your competitiveness and helps you to grow.

Increase productivity via automation听听

Investing in an integrated enterprise resource planning (ERP) system such as 麻豆原创 Business One can help your business to gain more visibility into operational costs. This, in turn, can help you to optimise costs. Additionally, it will help you stay one step ahead of the competition and meet consumer demand. In addition, automating manual business processes via ERP can help you to run a leaner business that can grow without needing to add to overheads.

Optimise tax costs听

By ensuring that your company has optimised its tax obligation position, you could acieve cost savings. Whilst paying your taxes on time and adhering to good governance, make sure that you are claiming all deductions to which you are entitled and that you are making use of any subsidies or incentives available to you.

By supplying security, availability, business continuity, productivity, and compliance, cloud-based ERP systems assist SMEs in lowering costs and increasing efficiency.

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Six Ways Digitalisation is Enabling SMMEs to Reimagine HR /africa/2023/06/six-ways-digitalisation-is-enabling-smmes-to-reimagine-hr/ Mon, 12 Jun 2023 07:24:13 +0000 /africa/?p=144703 Savvy SMME owners are transforming HR processes by embracing the latest ERP technology tools and trends and unearthing听a world of benefits for HR in the...

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Savvy SMME owners are transforming HR processes by embracing the latest ERP technology tools and trends and unearthing听a world of benefits for HR in the process.

鈥淭hat鈥檚 because the growing importance of technology and digitalisation has changed the nature of competition,鈥 says听Heinrich de Leeuw, Managing Director, SEIDOR in South Africa.鈥淭his has made it clear that competitive advantage depends on innovation to leverage human resources more efficiently and effectively. In this environment, SMMEs that transform their human resource capabilities and functions in that direction are set to outpace the competition,鈥 he says.

HR digitalisation has the power to revolutionise HR functions and processes such as recruitment, employee management, payroll, and training. By automating repetitive tasks and, most importantly, yielding analytics that enable companies to make data-driven decisions, it can significantly boost business performance.

Digitalisation improves efficiency, reduces errors, and saves time and costs for HR departments. For example, HR management software can automate tasks such as payroll processing, performance evaluations, and benefit enrolment. Recruitment platforms can use artificial intelligence to screen resumes and identify top candidates. Together, these benefits improve the HR experience for both employees and HR professionals, enabling everyone in the SMME to focus on more strategic and engaging activities.

According to HR consultancy McLean & Company鈥檚, organisations across the globe are experiencing 鈥渟ignificant lags鈥 in their adoption of听. With digitalisation in place, organisations can begin to create new value chains and experiences that are collaborative, interactive, sustainable, and profitable.

Here are six ways that听HR digitalisation with ERP provides competitive advantages for SMMEs:

1. Streamlining HR processes: HR digitalisation and automation can simplify and automate time-consuming HR processes such as hiring and onboarding, payroll, benefits administration, and performance reviews. This not only saves time and money, but also reduces the risk of costly errors and compliance issues. Digitising these processes makes HR more efficient and reduces administrative burdens on HR staff, freeing up time and resources for HR teams to focus on strategic initiatives rather than mundane tasks.

2. Improved employee engagement: HR digitalisation enhances employee engagement by giving employees access to tools and resources that allow them to better manage their work-life balance, view their performance metrics, and provide real-time feedback to their managers. Ensuring that employees have a more positive and engaging experience helps to improve retention and attract top talent. Millennials and generation Z in particular are a demanding generation of workers who are glued to their screens. Companies that use these digital technologies in combination with social media platforms for HR purposes 鈥 have a significant competitive advantage when it comes to attracting these workers.

3. Better data analytics: Digitalisation provides SMMEs with real-time, accurate data analytics that can be used to make better-informed decisions about hiring, performance management, and employee engagement. For example, it can help a business to identify the areas where it is seeing the highest employee turnover and develop strategies to address this issue. SMMEs make better-informed decisions about hiring, performance management, and employee engagement.

4. Integration & Automation:听Seamless integration to operational and control systems such as biometrics as well as time-an-attendance enables automated performance management and assists in efficiency in payroll.

5. Cost savings: HR digitalisation significantly reduces administrative costs associated with HR processes, such as printing and mailing employee documents, and can also help reduce errors and compliance issues that can be costly for SMMEs.

6. Improved collaboration and communication: Digital HR platforms facilitate better communication and collaboration among employees, making it easier for them to work together, share information, and collaborate more effectively.

鈥淚n an increasingly volatile, uncertain, and complex environment, HR鈥檚 role and scope has become larger, more important, and more challenging than ever, as have the demands on HR staff,鈥 says de Leeuw.Now is the time for SMMEs to focus on taking a proactive, long-term, and innovative approach. The digital transformation of HR will ensure greater business resilience as a result of flexible and more agile ways of working.

Even small companies need to operate on an increased efficiency level and eliminate work silos. With superb scalability, 麻豆原创 Business One ERP grows with a business, providing a platform that unifies and automates processes across various functions, including HR. It enables the business to access data that will drive growth, as well as the functionality to improve employee engagement and drive customer satisfaction.

 

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