Common Reporting Challenges Solved by ERP Systems [2025]

Struggling with reporting challenges in your business? Wondering how an ERP system can streamline your reporting process? Explore how ERP solutions can eliminate errors, automate data collection, and provide real-time insights, making your reporting smoother and more efficient than ever before!

If you’re a business trying to make a difference in today’s economy, you must know how difficult it is to stand out when the operations are slow-paced. One of the primary reasons behind the slow pace can be creating manual reports for all processes for your business. Manual reporting can result in inaccurate reports and prolonged delays of important tasks. As the best ERP software in Kolkata, we recognise the systematic challenges businesses face in today’s world. Continue reading to learn about the most common reporting challenges and how ERP systems can help solve them:

Accurate data tracking and detailed reports by ERP software help businesses become faster and more efficient in meeting their set goals. A 2023 study found that 83% of companies which used ERP met their ROI expectations.

If you are considering an ERP for production, then the best ERP software in India will provide you with solutions to reporting challenges. Continue to read to learn about the reporting challenges ERP solved:

How ERP Systems Solve Common Reporting Challenges

1. Multiple Systems and Data Silos

Many businesses still rely on multiple systems to manage business operations. The company’s departments have dedicated systems for Finance and HR, where such systems operate for their specialisation. This makes putting together a singular detailed report for the company incredibly difficult. After the systems from different departments put forward their data within a report, the finalised report is delivered after a long delay. As a result, businesses face issues like delays in reporting and difficulty tracking performance across all departments.

ERPs have a single database which tracks data of all departments within the company. This eliminates any possibility of delays. The data is tracked in real time and does not need different systems. The ERP’s central database helps in the smooth functioning of decision-making in the business. Since the reports generated by the software are produced immediately, your business will not have to give time and effort into making reports from time to time. This allows you and your employees to have easy access to information within one system.

2. Manual Data Entry and Reporting Errors

Employees often need to input data from multiple sources into spreadsheets or reports. Small mistakes in reporting can lead to inaccurate insights, which in turn affect decision-making in your business. The entire process can lead to the loss of valuable time and resources.

ERP systems automate data collection and reporting processes. Automation ensures the accuracy of reports and eliminates the risk of errors. Moreover, it also provides insights into expenses, profitability and revenues which helps develop strategies for your business.

3. Lack of Real-Time Reporting

In many businesses, reporting is a periodic activity. This means that the process of decision-making ends up involving outdated or incomplete information when they are cultivating important strategies. You must know the importance of timely operations within a business. With prolonged delays, a business can face losses or fall behind its competitors.

ERP software tackles these issues with its ability to track real-time data. It also creates detailed reports backed by visuals which are easy to understand. Cloud-based ERPs also have the feature of live dashboards, which you can access from any device. You can be updated about the details of every business operation, from anywhere in the world.

4. Inconsistent Reporting Formats

Different departments within a company have varying methods of generating reports, leading to inconsistencies in data presentation. For example, while the finance team may use spreadsheets, the HR team may rely on a different software. When these reports are compiled, it can become increasingly difficult to analyse and compare the data effectively.

ERP systems streamline reporting by offering standardised templates and formats for different types of reports. This ensures consistency across all departments within your business. Moreover, the time taken to generate these reports is also saved.

5. Overburdened Employees

ERPs save a lot of time, cost and effort for your business. A lot of time goes into the management of data, while consistently keeping tabs on it. Companies using multiple systems are also often dysregulated and don’t have a seamless workflow. Their overall productivity decreases when they have to get involved with non-essential tasks, which could have been used in other meaningful operations of the business.

With ERPs, your business can help increase the productivity of employees. There will be a higher quality of work produced and an overall increase in the speed of completion of tasks. For example, with ERP in manufacturing industry, your business can utilise time for important tasks, manufacturing products of the highest quality.

6. Struggle with Accessing Data

For businesses which use outdated systems, where they have to gather information from multiple systems, it becomes difficult to access data at any time whenever needed. This delays business operations because they are held back by the slow process of data collection, reporting and presentation.

Cloud ERPs solve this issue with real-time data and reports which are continuously updated with the system’s interactive visualisations. The data can also be accessed from any device, including mobile. Your business can focus on making faster decisions without delays.

7. Poor Data Quality and Integrity

To create business reports, employees need to ensure that the data is accurate.
With inconsistencies in data, the reports can hamper a large part of the business processes. Without the right tools, companies may find it difficult to identify the reasons behind the poor quality of data.

ERP software is always up-to-date with the data of your business operations. The features of the software always ensure your business that the data shown is reliable and trustworthy. These systems continuously monitor data inputs and flag inconsistencies or errors for review.

8. Difficulty in Reporting as the Business Grows

As a business expands across different departments, it becomes increasingly difficult to follow up on all the data. Handling such big databases within separate departments poses a big challenge for the business. Traditional reporting tools may struggle to keep up with this growth, leading to slower reporting processes, system crashes, or outdated reports.

ERP software adapts to the scalability of your business, according to its needs. Cloud-based ERPs quickly adapt to the data from separate departments of the company, without any hassle. Whether a business planning to expand regionally or increase the production of products, ERP software can track all the data of your business as it grows. The performance of your business will not be compromised in the process.

Conclusion

There is a growing trend of companies involving advanced technology in their business operations. ERP software plays an important role in this technological evolution, as businesses look for methods to make their operations quicker and better. With features like real-time data access, automated reporting and better data quality management, ERPs are helping businesses to exceed their performance and meet their ROI expectations much earlier.

The reporting solutions provided by ERP software help businesses to thrive in a fast-paced environment. It helps your company make decisions based on accurate data and detailed reports.

If your business is still struggling with reporting challenges, it might be time for you to choose the best ERP software in India, so that your business can prosper without any hassle!