ERP (Enterprise Resource Planning) software allows businesses automate their services, technology and human resource-related functions. The term ERP refers to a package of systems and software for streamlining all business processes, be it sales, accounting, manufacturing or distribution. All business information is captured on the ERP platform, making it easily accessible to employees from all departments. By providing easy access to a comprehensive data, ERP software also helps businesses in making faster and smarter business decisions. Businesses can track every customer requirement and fulfill them on time, using the right ERP software. By being instrumental in strengthening customer relationships, ERP software is a necessity of every business. Depending upon your industry-specific needs, you can choose an ERP software and benefit from its unique features at different stages - starting from the setting up of new processes to their successful execution and reporting.
Enterprise resource planning solution refers to all those systems and software packages used by businesses to manage and streamline their day-to-day functions. An ERP solution is designed using com Read More
Enterprise resource planning (ERP) is business process management software that allows an organization to use a system of integrated applications to manage the business and automate many back office functions related to technology, services and human resources.
ERP software integrates all facets of an operation including product planning, development, manufacturing, and sales and marketing in a single database, application and user interface. At its most basic level, ERP software integrates these various functions into one complete system to streamline processes and information across the entire organization. Enterprise software sales, examples of ERP Systems, ERP implementation have emerged to help business managers implement ERP. Most early ERP systems consisted of mainframe computers and software programs that integrated the various smaller systems used in different parts of a company.
Technically, Enterprise resource planning (ERP) is a category of business-management software—typically a suite of integrated applications—that an organization can use to collect, store, manage and interpret data from many business activities”
Basic Features of ERP System:-
The financial module in ERP provides financial functionality and analysis reports for different departments and cost centers.
ERP solution offers many different sub-systems under the HR module. The subsystems are Personnel Management, Organization Management, Payroll Management, Time Management and Personal Development.
It constitutes of number of functionalities, mainly, Bill of Material, Engineering Change Note, Shop Floor Control, Sales and Distribution Plan, Master Production Schedule, and many more.
The purchase module is well integrated with the Production Planning and Inventory Control Modules and also the supply chain process.
The functions of Inventory Control Module involves identifying inventory requirements, setting targets, providing replenishment techniques and options, monitoring item usages, reconciling the inventory balances and reporting inventory status.
A full-fledged CRM module ensure proper management of lead, customer, opportunities and altogether better support to your customer and further growth in your business.
ERP software basically integrates various functions such as accounting, human resources, sales and many more into a single database application and user interface. In other words an ERP system helps employees with their daily chores by making it more efficient and how this is done is by breaking down the barriers in between different units and departments making it easier for them to connect and communicate with each other. There are many known advantages of ERP implementation such as an improve in productivity, increase in efficiency among employees, decreases cost due to the integration of systems and streamlining of different types of processes in a company. Here are some of the main benefits of ERP implementation to your company.
Since all the data can be accessed from one location, it easier for the employees to manage and perform day-to-day tasks.
Moving to cloud reduces the cost of managing and maintaining servers. Reduces the overhead costs like IT staff, power, data storage and bandwidth
ERP in place will give easy access to the data, hence making it easier for the management to take crucial decision with ease. This is easy for the management as all the data will be of quality and updated.
With ERP, all the department’s system are connected to one integrated system. By integrating, the organization can do away with the issue of duplicate data or information. ERP also reduces the production cost and the inventory cost.
ERP mobility is the set of people, processes and technology focused on managing the increasing array of mobile devices, wireless networks, and related services to enable broad use of mobile computing in business. This is an increasingly important discipline within the enterprise as more and more workers use smartphone and tablet devices in the workplace. But to be truly useful, these new mobile devices need access to business information in ERP systems. It is IT’s challenge to build a solid mobility platform by determining the best ERP/CRM enterprise strategy for integrating mobile devices with business processes.