This blog is dedicated to all those people who have heard of ERP a number of times, and must have attempted to understand it too, but still aren’t able to figure out what actually ERP is and why is it so much in demand.
Enterprise
Resource Planning aka ERP in simple words is just a supporting
tool to manage all functional transactions for operating an organization very
effectively and efficiently through an electronic platform. It is an
organization application that includes all the individual department functions
of the enterprise into a single software application.
ERP maintains all records in
centralized data store, this helps in easy access to the company’s transactions
by the authorities. All the details will be at the fingertips of the
authorities without wasting any second. Be it commercial or non-commercial
transactions, all industry practices are merged in ERP to be executed.
Now let us move on to the
benefits you and your organization will enjoy due to ERP.
1.
Easy Workflow
ERP
ensures programmed and clear workflow from one department to another with
smooth transition and faster achievement of process. ERP also ensure that all
the activities and resources of inter-departments are maximum utilized and
appropriately tracked.
2.
Transparency
The
processes are completely transparent for the authorized personnel. ERP provides
absolute visibility into the processes of various departments of an
organization.
3.
Integrated Reporting
Since
the ERP software used is only one and same across the organization for all the
departments, maintaining the software becomes easier and doesn’t require extra
software for each department. This reduces the cost and effort of the
organization. ERP also provides integrated and single reporting system to be
analyzed in real-time, across all the departments.
4.
Handles various models
ERP
system consists of various modules like HRM, CRM, SCM, Finance &
Accounting, Marketing & Sales, Project Management, etc… ERP can also be
extended to facilitate Business Intelligence functionalities. This will provide
overall understanding on business process and pinpoint possible areas of issue
or developments.
5.
Centralized System
ERP
implements a database system on the backend to store all the data and
statistics required, this allows centralized storage of all the data of an
enterprise. The security is high with
the use of ERP system as centralized security policies can be applied to it.
All the activities can be tracked and recorded.
In short, ERP means more
efficiency, faster growth and a healthy work process. It is a best tool to
manage globally distributed companies too.
If you think your
company needs ERP system too for the betterment of your company, then CLICKHERE because you are just a click away from what you want…