The budgets for investments in software solutions will match in two years the levels before 2008

The economic growth in 2015 has boosted many companies in Romania to invest in improving their business solutions, with a focus on the operational side.

Thus, 9 out of 10 projects implemented in 2015 for manufacturing involved replacing older systems with new ERP solutions, profitable from both the perspective of management performance as well as the cash flow, due to the licensing model.

“The companies need bigger solutions, to manage growing operations and cope with the competition. Allocated budgets have increased on average by 7% compared to 2014, being on an upward trend which will arrive in more than two years , to match the levels of the boom years before the crisis”, said Adrian Bodomoiu, managing director Wizrom Software.

Similar to the equipment or transportation means, the replacement of the software solutions with modern ERP systems aims at getting competitive advantages in the operational field, through improved planning and logistics, production monitoring, in mobility and last but not least, in saving the cash flow. The licensing model of Software as a Service (SaaS) allows investments in complex software solutions such as ERP, CRM, SFA without blocking consistent funds in an initial investment, but by paying a monthly fixed royalty, deductible as business service.

“On the other hand, we can state that the trend for 2016 is counting precisely the labour, to set the exact cost of production and the necessary resources. These is information necessary for a successful negotiation as well as for granting the achievement of the planned profit”, said Adrian Bodomoiu.

Given that almost 40% in the manufacturing production is based on short series or single-item, norming all the phases is critical for setting the cost of production, to enter negotiations with the client having a profitable delivery price, and Wizrom is long experienced in such implementations.