The need for flexible, forward-thinking ERP software has never been greater for factors.
Like many industries, the automotive aftermarket has had to adapt to changing circumstances over the past year – and for factors, their ERP solution has been integral to making this happen.
Autopart Online, MAM Software’s cloud-based business management software, has helped motor factors trade in different, smarter ways over recent months.
There are several key features of its industry-specific software that have made this possible, by equipping users with the functionality they need to future-proof their businesses.
Any growing business will appreciate the need for a scalable software solution.
Being able to add users to an ERP system is essential – and this is made easier when adopting MAM’s cloud-based software.
The cloud eliminates the need for a factor of any size to buy physical servers.
It’s quick, easy and affordable to increase capacity by adding extra user licences without the need to invest in additional hardware.
This also helps keep costs down, as an expanding business only needs to add licences as and when they are required, providing an affordable alternative to using traditional on-site servers.
Over the past year, it has never been more important to use software that offers flexibility.
Remote access is made much simpler by using a cloud-based ERP such as Autopart Online, as users can all log into the same system regardless of their location.
All they need is a suitable device with an internet connection.
Data security is never far from the headlines, and as motor factors typically deal with large volumes of information, it should never be overlooked when choosing a software solution.
Selecting a reputable ERP provider will ensure that best practices are followed with regards to data authentication, access control and encryption.
MAM Software follows the strictest possible standards when it comes to data security, providing its customers with the reassurance and confidence that all their information is safe when stored on its cloud-based servers.
This enables factors’ IT departments to focus on other areas of the business, without the need to regularly back up and securely store their data.
Business management software opens up many opportunities for factors, especially when it offers the potential to expand into new digital trading environments.
MAM Software offers a range of fully-integrated ecommerce platforms to help facilitate new digital ways of working.
Factors have been able to serve their customers online, enabling them to keep their businesses open 24/7 even when physical trading was no longer an option.
Product information, pricing and images are directly retrieved from Autopart and updated on the customer-facing website, meaning data only has to be maintained in one place to reap the full benefits of online trading.
The shift towards a more digital way of working has been on the cards for factors for a while – and the coronavirus pandemic has hastened the pace of change.
As the industry adapts to its new normal, it has become evident that digital technologies are here to stay.
Businesses within the automotive aftermarket that have adopted these tools have become more flexible in their approach to trading, and in many instances have reaped the benefits of doing so.
