Leading provider of enterprise resource planning (ERP) systems worldwide, SYSPRO is expanding its market share in Kenya by making its services more widely known to manufacturing firms looking to integrate their systems and automate complex data.
The most significant issue Kenyan manufacturers confront is their incapacity to accurately inventory their products, which results in subpar distribution plans, mismanaged stock, and opportunities for fraud. Changes in the regulatory settings, particularly with regard to important concerns like taxation and regulation, are further connected challenges.
The corporation stated during a recent media roundtable that it is integrating machine learning and artificial intelligence to improve the capabilities of its systems. The ERP systems from SYSPRO are designed to not only get rid of mistakes and pointless work, but also to lessen the amount of labour that has to be done by hand while processing data, freeing up workers to do other duties more quickly.
According to SYSPRO, the food and beverage industry in Kenya is the biggest user of technology in the manufacturing sector. The company names beverage distributor and maker KWAL as a major client. KWAL claims that putting SYSPRO’s solutions into place has significantly increased visibility and productivity. The ERP systems from SYSPRO are designed to not only get rid of mistakes and pointless work, but also to lessen the amount of labour that has to be done by hand while processing data, freeing up workers to do other duties more quickly.
Thanks to its market activities in the area, SYSPRO has discovered that businesses are distinct and that there is a need for niche solutions. This has led to the necessity for industry- and even customer-specific feature development where necessary. The company, which was established in 1978 and has its headquarters in both the UK and South Africa, believes that Kenya’s industrial sector’s readiness to adopt new technology and the country’s stable regulatory environment present excellent prospects.
There are certain peculiarities specific to the East African region as a whole, like the significance of process approvals and delegation of authority in business systems. Kenya is a market that is heavily focused on imports, which means that processes and expenses associated to imports, including tracking landing costs and margins, are crucial in determining the needs of the market today.
The company employs tax advisers to provide guidance on alterations and modifications in response to tax rules, as taxation is a sensitive topic for businesses in Kenya nowadays. This has recently involved proactive adjustments to account for developments in e-invoicing and VAT.
SYSPRO has aided manufacturing enterprises in integrating many departments, including supply chain management, human resources, sales, and production, by optimising workflow inside the organisation. By offering a logical approach for identifying employees, businesses may easily ascertain each person’s position and uphold coordination lines.
ERP systems give managers access to real-time data from various business divisions, facilitating the allocation of scarce resources in the most efficient way possible. This maximises productivity and reduces expenses—two crucial aspects of a successful firm.
Businesses’ needs become more complex as they expand, and the only way to reduce management expenses is through automation. Large volumes of data may be handled by SYSPRO’s ERP, which also offers its clients a modular system. Businesses can implement new functionalities without affecting ongoing operations thanks to the modular structure.
Advent International, a private equity firm, has bought SYSPRO. The ERP supplier will benefit from cash infusion and strategic realignment as a result of the transaction, which will strengthen its capacity for innovation.